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Subject: Happy Summer Friday! - August08, 2008


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Ed?s feeling kind of pale.
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Time to get a tan?don?t worry beauty editors, he always wears SPF!

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Ed in Chicago
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There will a happy hour/resume workshop on August 26 at A Mano, 335 N. Dearborn, from 6 to 8 p.m.

The Chicago Ed crew and our special media guest?Derek Gale, senior editor at HOTELS magazine?will be on hand to offer resume improvement tips and personally review your resume.

And A Mano will be providing free drinks and snacks during the event--and a 20% discount for any Ed2010 guests who want to stay for dinner! Due to limited space, all attendees must RSVP to erin@ed2010chicago.com to reserve a spot.

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News
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1. NY Post
Martha Slices and Dices
By Keith J. Kelly
August 8, 2008
http://www.nypost.com/seven/08082008/business/martha_slices__dices_123593.htm

A week after reporting surprisingly strong financial results, including a swing back to profitability, Martha Stewart Living Omnimedia has wielded the ax, cutting 25 people from its payroll this week, sources confirmed yesterday.

The cutbacks at Martha Stewart's company have come across the merchandising, media and corporate ranks.

Morale, which took a tumble when CEO Susan Lyne left last month, has slumped even further, according to one insider.

MORE ONLINE

2. Gawker
Tina Brown to Release The Beast
By Nick Denton
August 7, 2008
http://gawker.com/5034239/tina-brown-to-release-the-beast

Tina Brown has worked in the US for more than two decades, since taking the helm of Vanity Fair in 1984; and she's now attempting to reinvent herself for the internet. But Lady Evans, as the 55-year-old former magazine editor is also entitled to call herself, remains at heart a Brit of an earlier generation, pickled in ink and arch wit.

Her forthcoming news site, backed by old patron Barry Diller of IAC, is to be dubbed The Daily Beast, after the shameless tabloid of Evelyn Waugh's 1938 novel Scoop. The Digg kiddies will be so confused.

Incidentally, the site's branding was outed by Tina's friend, octogenarian gossip columnist Liz Smith. Having been burned by the backlash against Talk magazine?the glossy backed by Harvey Weinstein which Tina Brown launched with massive hype and one of the most lavish parties in magazine history?Manhattan's "queen of buzz" has been more discreet in the preparation of her first web venture.

MORE ONLINE

3. Media Bistro?s Fishbowl
New York Numbers on the Rise
By Glynnis
August 7, 2008
http://www.mediabistro.com/fishbowlny/magazines/new_york_numbers_on_the_rise_91082.asp#more

Good News! Literally, we have some actual good magazine news to report. The folks at New York have informed us that the magazine has achieved a "3.4% increase in single copy (newsstand) sales for the first half of 2008." Not only that, they achieved it after raising their cover price by 20%.

The strongest performers included the Spring Fashion issue featuring Lindsay Lohan as Marilyn Monroe, Hillary Clinton, the fall of Eliot Spitzer, and the Best of New York (wait, what about the Gossip Girl cover?!). Also, paid subscribers are up.

In its Fas Fax statement, the Audit Bureau of Circulations (ABC) will report that New York magazine achieved a 3.4% increase in single copy (newsstand) sales for the first half of 2008 over first half 2007, even with a 20% cover price increase (to an average of $4.16, with regular issues at $3.99 from $2.99 and double or perfect-bound issues at $4.99 from $3.99).

MORE ONLINE

4. WWD
Magazine Circulation Falls in Half
By Irin Carmon
August 8, 2008
http://www.wwd.com/media-news/magazine-circulation-falls-in-half-1706249?module=today#/article/media-news/magazine-circulation-falls-in-half-1706249?full=true

The phrase ?flat is the new up? became a mantra in recent years when it came to assessing newsstand sales. Well, as core fashion titles, women?s service books and men?s magazines have almost universally posted declines in their single-copy sales in the first half of 2008, how does ?less down is the new up? sound? 


To wit, Hachette Filipacchi Media?s Tom Masterson, senior vice president for consumer marketing and manufacturing, pointed out that, while Elle?s newsstand was down 6.3 percent in the first six months, ?many of Elle?s competitors decreased more.?

That?s true ? Vogue was down nearly 15 percent, though it still outsells Elle on the newsstand by an average of about 50,000 copies monthly; Harper?s Bazaar fell 8.3 percent, and W, which gets the vast majority of sales through subscription, was down 10 percent.

MORE ONLINE

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Whisper Jobs
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Ed hears ...

JOBS

... that Budget Travel is looking for someone who is fluent in Japanese to fact-check an article on Japanese cuisine. Can telecommute or work in our NYC offices. Prior fact-checking experience a major plus. Send resume to marilyn.holstein@budgettravel.com. (OK to mention Ed)

For even more jobs, go to http://www.ed2010.com/jobs/whisperjobs or click here.

INTERNSHIPS

... that CosmoGirl magazine?s Executive Editor is looking for a fall ?08 intern. If you love teen culture, you dig research and reporting, and you?re a crackerjack organizer please send a cover letter and a resume to cosmogirlinternship@gmail.com. But first, make sure you meet the following requirements: 1) You can work at least three days a week, 9 a.m. to 6 p.m. 2) You can receive college credit (post-grad credit is fine too). 3) You can start in mid- to late August and work until mid-December. Ideally, we'd like to meet with folks in person, but over the phone is fine too. Please note that you meet this criteria in your cover letter. (OK to mention Ed)

For even more internships, go to http://www.ed2010.com/ed-campus/internships/list or click here.

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About Ed:

Ed2010 ("ed twenty-ten") is a purely volunteer organization dedicated to helping young editors reach their dream magazine jobs. Find out more (and donate to the cause!) at ed2010.com

Whisper jobs or internships to share? Send 'em to whispers@ed2010.com. Ed'll keep it anonymous for you.

Ed?s blogging! Catch up with what the big guy?s thinking at Ed2010speaks.blogspot.com or read the young musings in Ed?s Intern Diaries at www.ed2010.com/boards/section/ed-campus
Ed2010 @ www.ed2010.com/boards/section/message-board

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