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News
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1. NY Post
TRACKS CO-FOUNDER IS ONE ELLE OF A NEW PUBLISHER
By Keith J. Kelly
4/22/05
http://www.nypost.com/business/43004.htm

JOHN Rollins, co- founder of the suspended music magazine Tracks, is heading to Elle at Hachette Filipacchi to be the new publisher.

It's kind of a bittersweet moment for me to be sure," said Rollins, reached yesterday as he packed up his belongings at Tracks, which he co-founded with its editor in chief Alan Light.

The two had been together at Vibe/Spin Ventures when they quit in October 2001 to launch the magazine, aimed at an older baby boomer set.

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2. NY Post
'HICCUPS' FOR HIP-HOP MAG
By Keith J. Kelly
4/22/05
http://www.nypost.com/business/42999.htm

In the wake of a messy sexual harassment lawsuit, hip-hop magazine The Source is wrestling with a host of financial, advertising and circulation woes, sources told The Post.

In recent months, insiders said The Source has defaulted on a multi-million bank loan and withdrawn from the Audit Bureau of Circulations, the chief auditor for circulation in the industry.

Its No. 2 executive, Raymond "Benzino" Scott, the president who co-founded the magazine with Chairman David Mays, announced he was quitting on April 8.

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3. NY Times
A Magazine Editor Getting Used to Hearing 'Congrats'
By Robin Finn
4/22/05
http://www.nytimes.com/auth/login?URI=http://www.nytimes.com/2005/04/22/nyregion/22lives.html&OP=6ff4bbb2/wjQ60LwQ5DyB2,yy~uwuhhQ3CwhawuuwmQ2A,Q60i-ymwuuE-ZQ602zP~)E

The editor in chief of Glamour magazine closed on a Brooklyn town house on a Monday, accepted a National Magazine Award on Wednesday and then gave birth on Friday.

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Despite a strong M&A outlook and a returning deal market flush with private equity, CEOs from some of the biggest consumer and b-to-b publishing houses say they are focusing own growing their businesses through launches and brand extensions rather than acquisitions.

???In this competitive deal environment, there are few properties of scale to acquire,??? Conde Nast president and CEO Charles Townsend said in an outlook briefing published by the Jordan, Edmiston Group this week. ???We are emphasizing new title launches and brand extensions. We will also pursue opportunities to grow by capturing a share of content delivery via the Internet.???

Primedia president and CEO Kelly Conlin called the focus away from acquisitions an ???internal evolution.??? ???The majority of our advertisers do not advertise beyond their core audience,??? Conlin said. ???Our opportunity and challenge is to enhance the vitality of our brands.???

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5. LA Weekly
Really Big Packages
By Nikki Finke
4/22/05
http://www.laweekly.com/ink/05/22/deadline-finke.php

What unmitigated gall.

Entertainment Weekly suspended its usual pabulum spewing to piss on celebrity perk packages in its recent, laughably titled article ???New Age of Greed.??? In the piece, unnamed executives at movie studios, TV networks and record labels whine about unnamed stars who dare to demand $40,000 private-jet flights to carry their luggage and $35,000 basketball courts to entertain them on location. The article even gripes that celebrity perks add about 5 percent to the bottom line of a film's cost. ???Given that the average studio film now costs $98 million to produce and market, that can be $5 million in perks,??? EW gasps. ???Say a studio releases a dozen movies a year, that's $60 million - enough to make a Sideways roughly every three months.???

Forget, for a moment, the stupidity of an entertainment publication that is shocked to find that stars are wasting Hollywood's money. The same outrage was heard throughout the 1980s and 1990s over Demi Moore demanding vintage dolls for her collection or Tom Cruise a co-op in Manhattan. Forget the cowardice of magazine editors who won't finger-point for fear those celebs will refuse to do EW covers. (Even though documents filed in the ongoing lawsuit over the collapse of the Basic Instinct sequel made public Sharon Stone's five pages of demands including Pilates equipment, a $3,500 per diem for armed bodyguards, a chauffeured car with a nonsmoking driver, three nannies, two assistants, a presidential suite, deluxe motor home, and on ad nauseam.)

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6. Boston Herald
At Last! Richest Homes Get Mag
By Greg Gatlin
4/22/05
http://business.bostonherald.com/realestateNews/view.bg?articleid=79668

Dan Kaplan can't figure out why virtually every region in the country except New England has a luxury homes magazine targeting the ``super affluent.''

That will change in August when Kaplan launches New England Home, showcasing the region's most impressive family estates, oceanfront compounds and cutting-edge urban lofts.

``Our mission is to celebrate the great interior design and architecture that's going on in homes across New England,'' said Kaplan, a publishing entrepreneur who started Worcester Magazine and Rhode Island Monthly and raised $1.5 million from investors to launch New England Home.

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7. Gawker
'Radar' School Dropouts Missed Midterms, Flunked Shampoo
By Gawker Staff
4/22/05
http://www.gawker.com/news/media/radar/index.php#radar-school-dropouts-missed-midterms-flunked-shampoo-100617

Now that Radar has finally assigned writers to charticle duty and has moved on to the bigger task of pretending their book is ready to go, management has ???relaxed:???

Maer Roshan said he has finished up the copy on the debut issue of Radar, which isn't due out until late May, but he was startled to find that one of his long-time associates is leaving for the green, green fields of Conde Nast.

Articles editor Hanya Yanagihara, who was with Roshan through all his ups and downs as an independent title that published two issues before running out of dough, is leaving to become a features editor on Conde Nast Traveler on May 9.

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8. Gawker
Tell Your Enemies: Bonnie's Hiring!
By Gawker Staff
4/22/05
http://www.gawker.com/news/media/bonnie-fuller/index.php#tell-your-enemies-bonnies-hiring-100652

Good morning, perpetually unemployed friends! We've got a big fat present for you:

STAR magazine, of Bonnie Fuller fame, has hired mediabistro to do a temp placement for 2 associate editors. This is a 2-week gig that could easily turn into a full-time gig. The person must have at least some magazine experience.

If you guys know of any available freelance editors who would be qualified and willing to do this gig, have them IMMEDIATELY email their resume and/or work portfolio to David Sexter at dsexter@mediabistro.com.

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