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News
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1. Inc.
The Anatomy of a Sale--Ours, Part 1
By John Koten
9/05
http://www.inc.com/magazine/20050901/anatomy-of-sale-1.html

There is a moment when it hits you, when you suddenly realize just how high the stakes are now that your company has been put up for sale.

For Inc.??™s editor in chief John Koten, that moment came on Wednesday morning, May 25. He and I were planning to attend a meeting to discuss the impending auction of Inc. and Fast Company, which had been announced the day before by their owner, Gruner + Jahr AG. When I arrived at Koten??™s Manhattan home, he was on the telephone with an old friend: John Huey, editorial director of Time Inc.??™s 200-plus magazines. Koten wasn??™t saying much, but he had a serious look on his face, and I could tell he wasn't thrilled with what he was hearing. Before hanging up, he thanked Huey for speaking frankly.

???What did he say???? I asked. ???He said Time Inc. has been talking with G+J for months about buying Inc. He said, ???You don't want us to buy you because if we do, we??™ll lay off all of your employees.??™ He told me I should go write a book.???

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2. NY Post
Publisher of OK! Is KO??™D
By Keith J. Kelly
9/6/05
http://www.nypost.com/business/52946.htm

After only four issues, Richard Desmond??™s American version of OK! has been hit with the loss of its first executive. Insiders said they were told that launch publisher Gabriel ???Gaby??? Fireman is exiting. Calls to his office were not returned.

???He is officially not working for the company anymore,??? said a person who answered Fireman??™s phone.

Desmond has pledged to spend up to $100 million over six years to make the American version of his hugely successful celebrity friendly British weekly a success here.

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3. WWD Memo Pad
Memo Pad: Cosmo??™s Radio Days ... Razor Cuts Its Losses
By Jeff Bercovici
9/6/05
http://www.wwd.com/search/article/101020?query=memo+pad

COSMO'S RADIO DAYS: Elocution has never been among the skills considered necessary for a career as a magazine editor, but that could be changing. Friday brought news that Cosmopolitan, following in the footsteps of Maxim and Martha Stewart, will team with Sirius Satellite Radio to launch a 24-hour channel early in 2006. The channel will feature a mix of talk and music programming, and also will carry advertising, allowing for the possibility of cross-platform ad packages, according to Cosmo publisher Donna Lagani. (The majority of Sirius??™ 120-plus channels are commercial-free.)

The magazine??™s editors, including editor in chief Kate White, will be regular guests on the channel??™s talk segments, which, not surprisingly, will address topics including fashion, beauty, relationships and health. ???One of the things that's so exciting is, even though there??™s a big portion of women who listen to radio, there??™s not a lot of radio programming specifically done for women, and certainly not talk radio,??? said White.

The radio venture caps an era of sprawling expansion for the Cosmo brand. Earlier this year, Sterling Publishing put out ???The Cosmo Kama Sutra: 77 Mind-Blowing Sex Positions.??? With some 200,000 copies now in print, the book was deemed a success, and later this month, Hearst will announce a full line of Cosmo-branded books. In October, Cosmo will publish its first ???bookazine???: ???Cosmo??™s Best Confessions Ever??? will sell for $9.95 on newsstands. ??????Cosmo: The Movie??™ can't be far behind,??? joked White.

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Ed Ad
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???I??™m a Brit who is heading back to NYC, seeking an apartment in Manhattan from the 13th September 2005 for $750-$800 per month. I am a fellow journalist working in fashion. Clean, respectful, and with a happy go lucky attitude. I will consider temp sublets.??? Ed says to email Muchaneta1@aol.com if you??™re interested.

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Whisper Jobs
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Ed hears??¦

... that Game & Fish Magazine is looking for a copy editor in their Marietta, GA office. Deadline for resumes and salary requests is Sept. 16. Send resume and salary history to Production Manager, Game & Fish Magazine, PO Box 741, Marietta, GA 30061 or fax to 770-933-9510. (Don??™t mention Ed)

... that Latina Magazine is looking for TWO fall interns in its fast-paced photo department in New York. Must be available 2 days a week for 16 weeks starting in September (exact start date to be determined). This internship is unpaid but you can receive credit at your college/university. Interns are responsible for basic administrative duties, trafficking film and portfolios, photo research, and will learn the ins and outs of photo production. Interns MUST be able to work 2 days a week from 11 a.m. to 6 p.m. Candidates must have an interest in photography, be highly organized, have good communication skills, be enthusiastic, detail-oriented, and be able to juggle multiple tasks at once. Successful candidates will be fluent with Photoshop, internet research and Mac savvy. NO PHONE CALLS PLEASE! Email your resume and cover letter to lvosper@latina.com. Qualified candidates will be telephoned for an in-person interview. (OK to mention Ed)

... that Nick Jr. Family Magazine is looking for fall interns. Anticipate a lot of writing, researching and running around! We??™re a small group, so interns have great responsibilities. You??™ll have the opportunity to sit in on editorial meetings, research and pitch ideas, and interview subjects. We also need your help on our on-going projects and special issues. We??™re looking for juniors and up who are able to come in twice a week and are interested in child development, early education, and play. Candidate must have experience with extensive (Mac-based) research, possess creativity, and be able to handle big projects. Prior magazine or newspaper experience is preferred but most important is a desire to work hard and get published. Please submit an updated resume, writing clips, and a cover letter to barbara.huber@nick.com. (OK to mention Ed)

... that Zink Magazine is looking for fall editorial interns. Internship duties include fact-checking, transcribing interviews, internet research, requesting press kits and images and writing opportunities. Send resumes to noor@zinkmag.com.

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