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“#Yes, Jeffrey Toobin still has supporters, but no real legal grounds” It’s true. Jeffrey Toobin still has supporters in rarified media halls despite reportedly unzipping his pants in front of his journalist colleagues on a Zoom call to pleasure himself. But even the legal experts are siding with the Twitter mob, saying the star legal…
“#Jeffrey Toobin’s career in jeopardy after Zoom masturbation incident” The career of Jeffrey Toobin at the New Yorker and CNN is hanging in the balance after the famous journalist was reportedly seen masturbating on a Zoom call with colleagues, sources told Media Ink. The New Yorker — where Toobin has been a legal correspondent for…
“#Drudge Report’s net worth remains a mystery amid sale rumors” Ever since rumors began circulating that Matt Drudge might be looking for an investor in his popular Drudge Report website, media watchers have been trying to figure out what the 25-year news aggregation site might be worth. One Drudge watcher pegs it north of $200…
“#Father-daughter duo rebrands Bedford magazine, doubles ad-pages” In a rare success story in the midst of the pandemic, a father-daughter team took over a tiny magazine named after Martha Stewart’s hometown of Bedford, NY, and doubled its ad-page count in the first issue. The buyer of the magazine, simply called Bedford, is Michael Kaplan, who…
“#Bonnier sells Popular Science, Field & Stream and Outdoor Life” The family-run Swedish media giant Bonnier Corp. continues its retreat from the US market with the sale of Popular Science, Field & Stream and Outdoor Life — each over 100 years old — to a private-equity firm that has been snapping up media properties. Terms…
“#New owner of National Enquirer furloughs entire staff at four sports mags” The new owner of the National Enquirer is furloughing the entire staff of four sports titles the previous owner picked up just last year: Bike, Surfer, Powder and Snowboarder. It’s the second round of furloughs since struggling publishing house American Media was merged…
“#Matt Drudge rumored to be seeking investors for Drudge Report” Matt Drudge is the latest media mogul rumored to be looking for a cash infusion in the form of a partial sale of his popular news website Drudge Report. The juicy tidbit bounced around this week from the financial world to the publishing world, reaching…
“#Founder of Rolling Stone magazine expected to cut all ties” The founder of Rolling Stone magazine, Jann Wenner, at the end of the year is expected to sever all ties with the magazine he founded in 1967. Also expected to exit the music mag this year, sources said, is Wenner’s son, Gus Wenner, Rolling Stone’s…
“#Rolling Stone founder may stay with magazine after contract expires” Rolling Stone founder Jann Wenner may stay affiliated with the iconic magazine after his initial three year deal with Penske Media that kept him on board finishes at the end of the year. The deal kept him on board as “editorial director” of the magazine,…
“#Penske Media paid $225M for 80% stake in Hollywood Reporter parent” Wednesday’s merger of the publishers behind two rival Hollywood magazines — The Hollywood Reporter and Variety — was billed as a joint venture. But Media Ink has learned that Variety owner Penske Media Corp. (PMC) paid about $225 million to control 80 percent of…