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“#Sports Illustrated publisher facing board revolt” The thinly traded public company that publishes Sports Illustrated and owns theStreet.com is facing a shareholder revolt as its stock continues to trade under $1 despite its recent push to run major media assets. Two large shareholders filed preliminary proxy documents with the Securities and Exchange Commission last week…
“#Atlantic Media taps top editor of Conde Nast’s Wired as New CEO” In an unusual move in the publishing world, Atlantic Media tapped Nicholas Thompson, the editor in chief of Wired magazine, to be its new CEO after a year-and-a-half-long search. Atlantic is hiring 45-year-old Thompson — who has spent the past 15 years as…
“#Meredith taps Catherine Levene, 1st woman to lead its mags” For the first time in its 119-year history, media giant Meredith Corp. has tapped a female executive to lead the nation’s largest magazine division, with titles that include People, Better Homes & Gardens and Martha Stewart Living. Catherine Levene, 50, only joined Meredith in 2019…
“#Entertainment Weekly Editor departs as successor search is underway” The top editor at Entertainment Weekly, JD Heyman, is out, and a search for a successor is underway. “JD Heyman and Entertainment Weekly/Meredith Corporation have parted ways effective immediately,” a company spokeswoman said. “Meredith thanks JD for his contributions to the EW and People brands over…
“#Hearst to cut 59 staffers at Oprah Magazine” The first crack in Hearst Magazines’ no-layoff policy during COVID-19 opened up last week when it revealed plans to cut 59 staffers at O, the Oprah Magazine, which is pulling the plug on its monthly print publication. The planned layoffs will take place on Feb. 15, or…
“#Hearst names Debi Chirichella to replace Troy Young as head of magazines” Hearst Corp. on Wednesday named Debi Chirichella as president of its magazines group, replacing Troy Young, who resigned in July over explosive allegations that he had sexually harassed female staffers. Chirichella had been named acting president after Young was ousted nearly four months…
“#Founding publisher of JFK Jr.’s magazine caught in bitter goat fued” People with work-from-home horror stories ain’t got nothing on Elinore Carmody, the founding publisher of George magazine, who keeps an air horn by her desk to fend off the marauding gang of breeding goats who invade her property four to five times a day….
“#Danny Seo snaps up digital shelter site Rue, plans new quarterly mag” Rue, a cutting-edge digital design and shelter publisher, has been snapped up by Danny Seo Media Ventures — and there are plans to launch a new print magazine. The previously undisclosed bet on print — which comes despite widespread carnage across the print…
“#AOC wears $14,000 outfit for anti-Trump Vanity Fair cover shoot” Rep. Alexandria Ocasio-Cortez rocked designer duds worth more than $14,000 for her Vanity Fair cover shoot — to attack President Trump as a “motherf–ker” for not paying federal income tax. The Bronx-born bartender-turned-politician was even gifted a $2,850 fringed suit from Loewe, the Daily Mail…
“#Claudia Eller returns to Variety after suspension over reporter spat” The return of Variety’s suspended editor-in-chief may require an enormous amount of bridge building in a new management structure that seems ripe for problems. Claudia Eller, who was suspended from her editor-in-chief job at Variety for five months over a spat with a reporter who…