Poor Herb Allen. You spend your entire career serving as trusted advisor and investment banker to old media titans like Rupert Murdoch, Barry Diller, Dick Parsons, Bob Iger, Jeff Zucker, Gerry Laybourne, Paul Allen, and Oprah, and then a party-promoting new media group mixes you up with the guy who founded CourtTV? Oh, kids! [Gawker, NYO, The Deal, Flickr]
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