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| << November17, 2006 - Buckets of EdNews: TV Guide, RD & Time |
November20, 2006 - Lots of news today >> |
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******* Private equity firms are continuing their tear in the media world, as Reader's Digest Association on Thursday agreed to be acquired by a group of investors, led by Ripplewood Holdings, for $2.4 billion. The Pleasantville, N.Y.-based publisher, which includes Every Day With Rachael Ray, said it doesn't know if management changes will follow. If the deal goes through, it will close by the end of the first half of 2007. A private equity source said the publisher has been undervalued by Wall Street and private equity sees an opportunity to grab a company at a good market value and raise it over the next five years. "They want to buy it now while it's cheap and prove that it is here to stay," said the source. A spokesman for Ripplewood declined to comment. Last month, Reader's Digest reported its first-quarter fiscal 2007 revenue was up slightly from last year, to $517 million. The company also is projecting to grow midsingle digits for the full fiscal year. While the core Reader's Digest has seen flat circulation for some time — for the first half, total circulation was 10,094,286, compared with 10,228,531 for the same period two years ago — it has seen better success with Every Day With Rachael Ray. That magazine plans to increase its rate base to 1.3 million from 750,000 with the February issue. MORE ONLINE
2. WWD
Christopher McCowen was sentenced to life in prison without parole Thursday for the murder and rape of former fashion writer Christa Worthington. His legal team immediately filed an appeal and, for the first time, he publicly proclaimed innocence in Barnstable County Superior Court in Massachusetts. The verdict came just a few days after the jury announced a deadlock and subsequently lost its third juror for speaking about the deliberations with her jailed boyfriend. The jury agreed Thursday that McCowen, a garbage collector, killed the 46-year-old Worthington in her Cape Cod home in 2002. Superior Court Judge Gary Nickerson sentenced McCowen to three concurrent life sentences without the possibility of parole for being convicted of first-degree murder, aggravated rape and aggravated burglary. MORE ONLINE
3. NEW YORK POST
FORMER YES Network boss Leo Hindery - now managing director of private equity firm InterMedia Partners LP - is in the hunt for Time4 Media's sport titles that Time Inc. is unloading. In May, InterMedia made a substantial investment in The Sportsman Channel, a three-year-old outfit that bills itself as the only place on cable TV "dedicated exclusively to hunting and fishing 24 hours a day, seven days a week." Based in Big Bend, Wis., the company would seem to be a good fit for a group that includes venerable titles like Field & Stream, Outdoor Life, as well as Ski, Skiing, TransWorld Snowboarding and Popular Science. MORE ONLINE
4. FASHION WEEK DAILY
(NEW YORK) In front of a crowd thick with fashion icons and celebrities to boot, Doo-Ri Chung of Doo.Ri was named the 2006 CFDA/Vogue Fashion Fund winner Thursday night at Skylight Studios. Runners up included Rodarte’s Kate and Laura Mulleavy and Thakoon Panichgul of Thakoon. Chung, who was also nominated for the same accolade in 2004—eventually losing to Proenza Schouler’s Jack McCollough and Lazaro Hernandez—takes home a $200,000 monetary prize to be used to further enhance her label. Chung also received a Montblanc watch and a year’s lease on a 2007 Lexus, both companies of which were sponsors of this year’s Fashion Fund. The Mulleavys and Panichgul each receive $50,000. As with past winners, each of the three parties will be partnered with a team of business mentors chosen based on their needs. The list of this year’s finalists also included Jovovich-Hawk’s Carmen Hawk and Milla Jovovich, Marcus Wainwright and David Neville of Rag & Bone, Justin Giunta of Subversive, Devi Kroell, Robert Tagliapietra and Jeffrey Costello of Costello Tagliapietra, Phillip Lim for 3.1 Phillip Lim, and Keren Craig and Georgina Chapman of Marchesa. The evening also celebrated Diane von Furstenberg’s first night as CFDA president. MORE ONLINE
5. NEW YORK POST
GRAYDON Carter could teach the celebs who appear on the cover of Vanity Fair a thing or two about talking to the media. Carter was interviewed for the holiday issue of Bergdorf Goodman magazine jointly with New York magazine columnist Kurt Andersen in conjunction with the release of "Spy: The Funny Years," a look back at the satirical magazine they launched in 1986. Recalling the "silent investor who refused to be silent, a playboy named Jean 'Johnny' Pigozzi," Carter said: "Pigozzi only had two ways of treating people. You were either a manservant or you were Mick Jagger . . . I was closer to manservant. I did the shoes. Kurt did the jackets. He [Pigozzi] was a fun person. But he was not properly equipped to handle quote-unquote talented people." On Carter's relationship with Donald Trump: "He hated Tina Brown more than he hated me. Therefore he liked me." On mellowing with age: "If you're still angry in your 50s, you don't need a magazine, you need help." Tonight in Miami, Miramax Books hosts a dinner at the Raleigh for "Spy: The Funny Years" with a party later in the penthouse thrown by Andre Balazs for the literary likes of Jay McInerney, Alex Kuczyinski and Nora Ephron.
************ Jobs ...that People.com is looking for a full-time writer/researcher, a talented, enterprising individual to help run and maintain an online database of celebrities, a body of information that covers celebrities' lives, loves and careers. This person should be equally gifted as a writer and a researcher, since the job will entail keeping track of changes in celebrities' lives, knowing which changes are important enough to be included in the database, knowing which celebrities should be added to the database, and writing exciting copy describing those changes and additions. Qualifications: 2-4 years experience as a writer, reporter or researcher in celebrity journalism, online or in print. This person will need strong organizational skills, a working knowledge of the celebrity world and an ability to work independently. While this position reports to the database editor, it comes with a great deal of creative freedom, and it needs to be filled by someone who can handle that responsibility. If interested, please use the following link to apply: http://jobs.brassring.com/1033/ASP/TG/cim_home.asp?partnerid=391&siteid=5161&Codes=NXXX,70256BR...that More Magazine is looking for EXPERIENCED freelance fashion market assistants. Individuals must have up-to-date contact lists, references, and at least one-year experience with a major stylist or publication. Assistants will be responsible for calling in items selected by the market editor, unpacking, doing returns, and scheduling market appointments. Assistants must be organized, professional, and enthusiastic. More Magazine is a lifestyle publication for women over 40 and was recently awarded Ad Age's Magazine of the Year for 2006. Please e-mail resumes to Senior Beauty & Fashion Editor, Kristin Finn, at Kristin.finn@meredith.com. ABSOLUTELY NO PHONE CALLS. We will contact you if we are interested. (OK to mention Ed) ...that Pace Communications has an opportunity for a managing editor of one of its in-flight magazines. Qualified candidates must have a minimum of 3 solid years in a publishing/managing editor role. Ideal candidates will possess excellent writing, editing and organizational skills and must be proficient in Word, InDesign and OS-X. Must have excellent communication skills, a professional demeanor and enjoy working in a creative environment. Degree in Journalism or English preferred. Send resume, work samples and salary history to: Human Resources, 1301 Carolina Street, Greensboro, NC 27401or fax to 336-378-8273 or e-mail: resume@paceco.com. *This is an official Ed2010 posting* ...that the art director position at Charlotte magazine is now vacant. Any interested candidates should contact editor Rick Thurmond at richard.thurmond@charlottemagazine.com or 704-335-7181. Please include at least 3 samples of design, preferably magazine design, as pdfs. Do NOT mention Ed. ...that Metropolis, the monthly magazine about architecture, design, and culture, is looking for a proofreader to work off-site during the week of its close. The successful candidate will have at least two years' experience and an excellent understanding of grammar, usage, spelling, and syntax. He/she must live in Manhattan and be available to review messengered pages in the evening and to return them the following morning. Send resume to Belinda Lanks, Managing Editor, at belinda@metropolismag.com. (OK to mention Ed) Internships ...that the fashion accessories department at Harper's Bazaar is looking to hire Winter '06 interns to fulfill a January-June '07 program. We are looking for bright, energetic, self-motivators with previous internship experience in a related field. Must be available at least three days/week, and, able to receive school credit. Please forward all resum?s to Kate Davidson, KDavidson@hearst.com. (OK to mention Ed)...that DNR magazine, Cond? Nast's leading mens trade magazine, is looking for three interns to work with the fashion department for the spring semester. We are looking for someone extremely organized, motivated and loves clothing. You will be around clothes all day long so you must have a strong interest in it. Duties include checking in samples, returning samples, answering phones, emails, packing and assisting at photoshoots. The internship will start in January. Internship is unpaid and must be taken for college credit. If interested please email a resume and coverletter to interndnr@hotmail.com. (OK to mention Ed) ...that Front Desk New York, a luxury lifestyle visitor guide, is seeking a Manhattan-savvy editorial intern to begin immediately. While the internship is unpaid, it offers invaluable experience with opportunities for writing segments. The hours are flexible, but we require a commitment to your schedule. Please email resume and cover letter to Amanda Dugger, adugger@modernluxury.com. (OK to mention Ed) ...that SELF magazine is looking for a beauty intern for a freelance project that occurs December 4 through February 2. Previous beauty editorial experience preferred. Will be paid daily rate. Interested candidates should email leah_wyar@condenast.com asap. (OK to mention Ed) ...that Redbook is accepting editorial internship applications for the spring 2007 semester. We're looking for a college junior or senior, or a graduate student who is organized, independent, and eager to learn. We need someone who can handle multiple tasks simultaneously and follow them through to completion. Meticulous attention to detail is also critical. Ideally, the student will be available two full days per week (from 10 a.m. -6 p.m.) and must receive college credit for the internship. Interested and qualified candidates should e-mail a cover letter and resume (within the body of the e-mail) to Nicole Yorio at nyorio@hearst.com by Wednesday, November 29. (OK to mention Ed)
********* Whisper jobs or internships to share? Send 'em to whispers@ed2010.com. Ed'll keep it anonymous for you. Blogalicious! Catch up with Ed's Girl on the Hunt at http://ed2010.blogspot.com. Ed has message boards, yo. How to unsubscribe from this newsletter: How to subscribe: BTW, Ed doesn't endorse the advertisement you see below. It's just what happens when you use a free e-newsletter service. |
| << November17, 2006 - Buckets of EdNews: TV Guide, RD & Time |
November20, 2006 - Lots of news today >> |
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