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The 4th is here!
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Ed's gonna put on some 45 SPF and drink a Colt 45 on the beach.

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News
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1. NY Post
75 Cuts Announced as Meredith Shuffles Staff for Newly Acquired G+J Titles; End Comes Quickly for G+J Prez
By Dylan Stableford
6/30/05
http://www.nypost.com/business

Two days before its $350 million buy of Gruner + Jahr's women-centric titles is finalized, Meredith named Midwest Living publisher James Carr as Family Circle publisher and G+J exec and ex-YM editor Linda Fears as its editor-in-chief. Both Carr and Fears will report to Meredith's senior publishing group VP Tom Harty. The pair will work out of Meredith's New York offices.

In all, 315 G+J staffers will be retained, 75 given temporary positions and 75 displaced. Carr replaces Peg Ferrell, a former Country Living publisher and 15-year Time Inc. vet who had been with G+J since 2000. Fears replaces Susan Ungaro, Family Circle's editor-in-chief for over 11 years

MORE ONLINE

2. Gawker.
Time Inc. Caves
By Gawker Staff
6/30/05
http://www.gawker.com

???The same Constitution that protects the freedom of the press requires obedience to final decisions of the courts and respect for their rulings and judgments,??? Norm Pearlstine, editor-in-chief of Time Inc., said in a statement announcing that the company will comply with a court order to deliver documents, eliminating the need for soon-to-be-jailed Matt Cooper to testify. It's a nice civics lesson.

And one, we're sure, that has nothing to do with the judge in the case threatening the company with ???very large??? fines, or with the wacko special prosecutor saying he might press for contempt charges against individual officers of the company - like, say, Pearlstine.

MORE ONLINE

3. Times Online
Exchange & Mart , Auto Exchange up for sale
By Miles Costello
7/1/05
http://business.timesonline.co.uk/article/0,,9071-1675259,00.html

Exchange & Mart and Auto Exchange, two of the best-known magazines for the second-hand goods market, especially cars, will shortly be in the hands of new owners after United Business Media put both titles up for sale in an action that could be worth as much as ??100 million.

UBM said it had decided to sell the two highly profitable magazines after a review concluded that they would be "more valuable to other organisations". UBM said it had already received approaches for the magazines and has hired investment bank Merrill Lynch to manage the sale.

The review of the titles' future followed a reorganisation in May that saw David Levin take over as the group chief executive and Bernard Gray take control of United Advertising Publications, the division that houses the magazines.

MORE ONLINE

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Whisper Jobs
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Ed hears??¦

... that Field & Stream online is looking for an online editor. This person will work closely with the magazine's Edit staff to manage the online editorial content on FieldandStream.com. This position requires an editor with excellent organizational skills, solid news judgment, strong line-editing skills and sensitivity for language and tone. Experience with the hunting and fishing market and 3+ years working on a magazine, web site, or newspaper is preferred. A passion for the outdoors is a plus. The online editor is responsible for: Posting and creating content and prioritizing the site's editorial resources; Managing the editorial schedule of the site and publishing some original articles; Maintaining voice and tone of the Field & Stream brand and keeping the website in editorial alignment with the magazine; Developing and maintaining editorial focused databases for site tools; Acting as a primary contact for the editors of Field & Stream magazine, attending magazine meetings and staying abreast of details of upcoming issues. To apply go to http://jobs.brassring.com/en/asp/tg/cim_home.asp?partnerid=391&siteid=5101&codes=NXXX,44958BR (OK to mention Ed)

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