Editors, and how bad ones are ruining the newspaper business
Friday, October 2, 2009
Someone in the Newhouse chain is still doing well
The list of the Forbes 400 richest includes a Newhouse at No. 38. My bad, the Newhouse reference was from 2006 here is the latest, he has slipped to No. 52.
The only real surprise in the closing of the magazines was the number and titles. The massive drop in ads sold, the smaller number of pages per magazine, the budget cuts ... Plus bringing in the consultant to review everything ...
Someone in the Newhouse chain is doing well? Too bad we can't say the same about the Detroit "dailies." Visit: http://joelontheroad.com/ and check out the lead story. More layoffs are a-coming. Egads!
Don't print
ReplyDeleteSee email for links You link to. 2006 data not 09.
Ps welcome back
Jim:
ReplyDeleteThe 400 Richest Americans, according to Forbes, has
Donald at #65, with net worth down $4 billion.
Si is #52. I can't tell if he's down $3.5 billion or $4.5 billion as the facts box says one thing and the paragraph says another.
P.S. Welcome back and reminding me to look at the list.
Probably a little rusty after 12 days at sea.....
ReplyDeleteGet you billionaire crap together Jim!
ReplyDeleteThe Newhouse family is in wealth-preservation mode, which means its employees are going to continue to see their relatively paltry wealth erode.
ReplyDeleteConde Nast dumped four magazines -- including Gourmet! -- today! Discuss.
ReplyDeleteThe only real surprise in the closing of the magazines was the number and titles. The massive drop in ads sold, the smaller number of pages per magazine, the budget cuts ... Plus bringing in the consultant to review everything ...
ReplyDeleteSomeone in the Newhouse chain is doing well? Too bad we can't say the same about the Detroit "dailies." Visit: http://joelontheroad.com/ and check out the lead story. More layoffs are a-coming. Egads!
ReplyDelete