<![CDATA[Gawker: dead trees]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: dead trees]]> http://gawker.com/tag/deadtrees http://gawker.com/tag/deadtrees <![CDATA[Online Subscriptions Weighed At Times, Time Inc.]]> Well, this was probably inevitable: Now that everyone in the world is telling newspaper and magazine publishers they need to charge for website access, the big players are reconsidering the idea.

Ann Moore, who traces her tenure at Time Inc. back to 1978, raised eyebrows for telling a British paper Wednesday she's thinking about charging for access to Time.com and People.com:

Who started this rumour that all information should be free and why didn't we challenge this when it first came out? I say this in college classrooms and they start to throw their shoes at me.

(NB to Ann Moore: Those aren't shoes, they're BlackBerries and iPhones. And the kids only pulled them out to email their friends and ask why the lady from the dental-office magazine is quizzing them about internet rumors and trying to convince them to pay for celebrity gossip, for the Good Of American Journalism.)

Then there were the comments of Martin Nisenholtz, who has run the New York Times website since its inception 13 years ago.

Asked in an ongoing online Q&A this week if he saw "online newspaper and magazine content becoming pay-per-view," Nisenholtz replied, "the short answer to your question is 'yes.'”

Then he said the Times is trying to come up with new ways to charge online readers:

Today, we continue to carefully analyze the question of how paid content (subscriptions, micro-payments, membership tiers) can augment our core advertising business... NYTimes.com has a very large national display revenue stream. As we develop new pay-for-content ideas, we must carefully balance our ability to generate meaningful dollars from both sources.

It makes sense that amid the desperation of depression-esque advertising declines, newspapers and magazines are eyeballing internet paywalls for their most salable content. Time Inc. just completed 600 layoffs and may end up doing more in the near future. Its debt rated as junk, the Times is operating on a high-interest loan from a Mexican billionaire and a subprime mortgage on its headquarters building. They need money somewhere, and any knucklehead can multiply a subscription rate by some invented, projected subscriber base and come up with a big number.

What's sad is that most publishers' online profit strategies will never get more creative than that. (It's enough to make you want to "throw" your "shoe!")


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<![CDATA[Seattle Paper Migrates Self, Pay To Internet]]> Hearst is preparing to take the Seattle Post-Intelligencer online-only, the largest newspaper to make such a move. Pay and benefits are coming along for the ride.

Metro reporter Hector Castro got one of maybe 20 job offers at the transformed PI. How was it?

He said the offer increased his health insurance cost, cut his salary by an unspecified amount, offered to match his 401(k) contributions, required him to forgo his P-I severance pay, reduced his vacation accrual to zero and required him to give up overtime.

We'd welcome you to the exciting future of journalism, Hector, if you hadn't turned down the gig as "too tech-oriented." That's an awfully polite way of putting it.


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<![CDATA[From Failed Paper To Blog]]> Denver's Rocky Mountain News closed Friday. And this week? The writers are blogging, naturally, at IWantMyRocky.com. Here's to hoping someone invited the advertising staff onto the site.

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<![CDATA[Twitter May Find News Profits That Eluded Publishers]]> Newspaper publishers have long imagined their journalism filled Google's results and fueled its profits. But Twitter is building a popular, potentially profitable news search engine from mostly amateur content.

Twitter bought search site Summize last summer and has begun making it even easier for its own users to search within the microblogging service. Twitter search was the go-to source for breaking updates in on the Flight 1549 crash and the recent NYU (non-)"riot," along with many other recent news events.

All this prompts Ad Age's Michael Learmouth to wonder, like others before him, whether Twitter might start justifying its freshly-minted $230 million valuation by selling keyword ads next to search results.

The only hitch: People who are actively searching for news aren't very receptive to being pitched on products. They want information.

Maybe Twitter should try selling ads to newspapers and the other traditional media organizations who are still trying to show users that their content is more valuable than the unvarnished ramblings one finds on sites like... Twitter.


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<![CDATA[Big Raises for New York Times Web Staff]]> Not all newspaper journalists are getting hammered by the simultaneous implosion of their industry and the economy: The embattled Times just raised Web staff salaries by an average 12 percent. Yay unions?

According to a Bloomberg report, the adjustments are meant to put Times Web staff on a more equal footing, pay-wise, with print staff. Why would a company with junk-rated debt, fresh off its first-ever major layoffs, pour more money into salaries? It's not like the job market is all that great. And the raises are retroactive to March. Wow.

The answer lies with the Newspaper Guild, which negotiated a three-year contract covering about 100 online staff.

"The Times wants to have a first-class Web site to go with

the first-class newspaper," O'Meara said. "It would be not good

to have a big disparity between the staff of the digital

operation with the staff of the newspaper."

The gray in the silver lining? Web people still have to work 40-hour weeks, compared with 35 hours for print staff.

Also, Web staff had to give up their bonuses. Ha, guess you won't be rolling in massive pageview bonuses any time soon, suckas!

(Disclosure: Um, neither will we.)

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<![CDATA[Entertainment Weekly Lives ]]> SafariScreenSnapz001.jpgEntertainment Weekly lost a quarter of its staff to layoffs last year, but Time Inc. will continue publishing the magazine, even though it maybe considered axing its print edition. Risky.

Sure, the title made $10 million last year, according to Keith Kelly at the Post. And it has new leadership (Kelly reports) in managing editor Jess Cagle, a People and former Time editor who spent 10 years at EW following its launch. (Fortune vet Rick Tetzeli, the former M.E., was kicked upstairs.)

But the magazine's profits are a fifth of the $50 million they recently were. If 2009 plays out as expected, EW could slide into the red on the cost of printing 1.6 million copies each week.

Time Inc. CEO Ann Moore is betting an editorial turnaround will prevent that, as will lower costs, thanks to the loss of 30 of 120 editorial staff and plans to share staff with other publications. But Moore should be ready to pull the plug quickly if the magazine starts losing money. EW never quite made its mark, and Time Inc.'s last round of 600-or-so layoffs was actually not that deep given the magazine group's 10,000 employees.

If the company has to fire more people, it should not be to sentimentally extend a failed experiment.

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<![CDATA[Times Finally Runs Display Advertising on Front Page]]> It  once might have raised hackles for the Times to carry a display ad on the front page. Now the only scandal is that the paper waited so long.

Today the paper carries a front-page ad for CBS. Well, sure. It's hard to be shocked by that after the paper's first mass layoffs, a junk rating for its debt, a planned mortgage of its headquarters building and a deep company dividend slash.

Besides, the Times already had display ads on section fronts (since 2006) and the occasional classified on the front. The Wall Street Journal (since 2006), USA Today (since 1999), Los Angeles Times and Chicago Tribune all have front-page ads. The Washington Post is now the most prominent paper to have held out against them.

In 1851, when the Times started publication, it was not uncommon for advertising to crowd news out entirely from the front page. Even by the 1890s, the first two or three pages of the New York Herald contained no news at all. (It's not entirely clear from the Times' cautiously-phrased story today if it ever carried front-page ads during this era.)

The only thing outrageous about the Times' decision is its tardiness. Ten years ago, the paper could have fetched a truly outlandish premium for the honor of front-page placement. Today the novelty has been eroded by competitors like the Journal, and the economy is in the tank. As with his mortgage, dividend cut and planned sale of other assets, Arthur Sulzberger Jr. slept far too many nights on this decision.

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<![CDATA[Arianna Huffington Says She Believes In Newspapers. Buy It?]]> Seeing Arianna Huffington in the LA Times Sunday, someone who has worked for the internet publisher tipped us to a purported lookalike: Ursula from the Little Mermaid. Mean and juvenile! But maybe appropriate!

In an interview with former Gawker editor Choire Sicha, the Huffington Post publisher insists her operation isn't putting any newspapermen out of work. "No, no, no,"she said. She totally reads books and newspapers whenever she can, even on her friends' fancy yachts!

I was on vacation in the Caribbean and our host had software on his boat where he would print newspapers. And there we were overlooking the Caribbean, all of us totally wired—laptops, iPhones, BlackBerries— and we're passing around the New York Post and the Herald Tribune....I don't think it's either/or. I don't think books will disappear. I think they're appealing to different needs. And I see the future as a hybrid future, I don't see it as a future where only online exists.

Awww, sweet.

But isn't Huffington expanding HuffPo into local markets? And stealing entire articles from newspapers when she gets there, to obliterate competitors on Google?

Yes, and that's the thing about Ursula: She was notorious for promising to help desperate little mermaids, and then totally undermining them for her own nefarious purposes. Which is why she'd pop into the head of one of the HuffPo workers past and present: They know the Huffington's Ursula moves firsthand.

(Arianna Huffington Photo: Liz Baylen, LA Times)

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<![CDATA[Newsweek Nukes Itself Into Printed Blog]]> The rumors appear to be true: Newsweek will amputate up to one million copies from its 2.6 million circulation, according to Wall Street Journal sources, and no fewer than 500,000. There will be an unknown number of layoffs, announced Thursday, to be achieved through voluntary buyouts like the 111 from last spring. But the biggest change at the 73-year-old magazine: It's going to become a whole lot more like Washington Post Co. sibling Slate, with contrarian, gimmicky or otherwise grabby headlines that wouldn't be out of place on Digg.

Just look at the examples above: "Lincoln vs Darwin"! "The Religious Case For Gay Marriage"! "Global Warning Is a Hoax*/Not really lulz ROFL"!

This is the template for the future, editor Jon "The Economist, Please Marry Me" Meacham told the Journal:

"Covers like Lincoln v. Darwin is what the redesign is all about... We are trying to be more provocative."

...Recently, Newsweek has emphasized commentary on hot-button issues, such as gay marriage, by big-name journalists like editor Jon Meacham and international editor Fareed Zakaria, as well as contributions from political operatives and academics like Michael Beschloss and Sean Wilentz.

The idea is to just kind of sit back and pontificate on the world, like The Economist, without the need for all those pricey reporters everywhere. Then elite, smart people will read the magazine, which will become a "thought leader," as anonymous Newsweekers phrased it in Folio Tuesday, and advertisers will pay a premium. Meanwhile the magazine will save on postage since it won't have to mail anything to the poors!

But of course people who fancy themselves "thought leaders" hungry for global news opinion can just order The Economist, which has way more snob appeal than Newsweek. Meanwhile confused pediatricians and dentists will stop ordering the magazine for their waiting rooms, due to the increasingly inflammatory covers; bloggers will mock the magazine for going tabloidy; and Matt Drudge will finally hire Michael Isikoff away to write for Drudge Report directly, since if you're going to do investigative journalism on behalf of a spinmeister you might as well work for the big, growing one with lots of extra money.

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<![CDATA[The Bright Side Of Magazine Armageddon]]> 2125434354_d0eee890bb.jpgOh, it's a terrible time to own a magazine. Advertising is falling and expected to plummet further. Everyone's laying people off, going online only or outright shutting down. But every editor worth his salt knows how to put a contrarian, positive spin on a dire situation. Time Inc. may be in the process of laying off 600 people, but, hey, the magazine group's executive vice president told Peter Kafka the layoffs are "pretty much" done, and if you're still employed with the company you probably won't get laid off between now and New Year's. Why, that's positively delightful! And dig the way Newsweek tried to positively spin a purported 1 million-copy-cut in its rate base:

Aside from the cost of maintaining such a high circulation, Newsweek would like to transition from newsmagazine to “thought leader,” something more akin to the Economist. “[Editor Jon] Meacham and [Time editorial director Richard] Stengel are both infatuated with the Economist,” the source said. “To get that ‘thought leader’ position, a million is the sweet spot.”

Newsweek isn't so much a business, you see, as a think tank. Being a large magazine is sort of gauche when you're trying to be a "thought leader," we imagine.

Then there's Esquire, whose ad pages have fallen further than competitors GQ and Details this year, but which Giorgio Armani totally gets, and hey don't forget the flashing electronic ink cover (look! something shiny!).

Sigh. Well, there's no getting through the holidays without a lot of denial, really. Same with a media depression, apparently.

(Photo via Kafka via b_d_solis on Flickr via the hands of our own Owen Thomas.)

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<![CDATA[Tribune Co. On Verge Of Bankruptcy]]> AP071022019203.jpgSam Zell's Tribune Company is exploring a bankruptcy filing, the Wall Street Journal and Times are reporting. Profits have fallen faster than the media conglomerate can sell off assets, leaving the company in likely violation of debt covenants and scrounging to pay nearly $1 billion in interest. Of course, nearly two-thirds of the company's $12 billion debt comes from Zell's leveraged buyout of the Tribune last December. The cranky old real estate mogul is like a guy who bought his house with a subprime mortgage: He thought he could refinance before interest rates kicked in, but now the price of his home is plummeting and he's getting desperate.

Except instead of a house it's a giant newspaper company, and thousands of journalists at the Los Angeles Times, Chicago Tribune, Florida Sun-Sentinel and other papers stand to lose their jobs. Apparently Tribune's insane newspaper savior Lee Abrams is going to have to send even more rambling and pointess memos to get them and their advertisers out of the  "fear/acceptance zone."

Bloomberg predicted all this, as usual, by listening to fancypants Wall Street analysts, with their attention to things like fiscal solvency and balance sheets and other things of zero interest to new media visionaries like Zell and Abrams.

Tribune paid off some debt by selling Newsday to Cablevision for $632 million. But it still needs more cash to avoid going into default, and several of its big ideas look dubious amid the economic meltdown: selling the Chicago Cubs (S&P is skeptical and Tribune delayed the sale , originally to come by the end of the year, until spring), issuing securities on the moribund commercial paper market and selling the properties now housing the LA Times and Chicago Trib (commercial real estate is in the toilet).

Driving this whole firesale mentality are continued declines in newspaper advertising, which Zell apparently didn't count on, and which radio-industry clown Abrams couldn't correct. Operating profits declined 83 percent companywide in the most recent quarter, according to the Journal.

Tribune's best hope at this point is that its lenders will decide the company is in better shape than most other distressed debtors and give it some breathing room, rather than lose all their money in bankruptcy. The lenders have supposedly been "amicable" with Tribune thus far, according to the WSJ, but demoralized empoyees won't be so forgiving the next time Zell comes around to cuss them out.

UPDATE: Leverage with creditors might be precisely the point, actually. Writes the Times this morning: " Analysts and bankruptcy experts say that the hiring of advisers, including Lazard and Sidley Austin, one of the company’s longtime law firms, could be a just-in-case move, or a bargaining tactic" (emphasis added). On the other hand: "As the economy weakens, other lenders have become more aggressive about forcing debtors into bankruptcy when they believe such a move is inevitable, to preserve a company’s valuable cash reserves."

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<![CDATA[No Print Media Welfare — Except For Me]]> blogdaddy.jpg Web publishing zealot Jeff Jarvis like to yell Darwinian slogans at print journalists . "There is no divine right for newsroom jobs," he wrote earlier this month. "Nor is printing and trucking an eternal verity of the field." It was surprising, then, to hear the media futurist's complaint about today's cover story on him in the Observer: The paper didn't promote his new dead-trees book! And after he gave the reporter so much of his precious time:

What really pisses me off is that they couldn’t bother to mention my book - the only good reason to talk with a reporter - even after the reporter visited the recording of the audiobook. Now that’s bullshit.

Just how long have you been in this racket, Jarvis? A real internet futurist publishes his book online, for free. As a random blogger once reblogged, "The market and the internet don't care if you make money." But then you already knew that.

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<![CDATA[Spy Kids Belatedly Publish Yearbook]]> Gina Duclayan's Facebook album of behind-the-scenes Spy magazine staff photos shows the soft, human side of the carefully-calibrated snark book of the late 1980s and early 1990s. As such it's both a supplement and antidote to "Spy: The Funny Years," 2006's "lush, coffee-table format book" launched at an insidery party that reminded everyone how important (and establishment) the magazine's staff had since become. Somehow seeing the power clique in dorky 1980s duds and chairless apartments is much more comforting. At left, Kurt Andersen, a very young Daniel Radosh and Duclayan (clockwise from left). One more shot after the jump.

From left: Geoff Reiss, Gina Duclayan, Kristen Rayner, Daniel Carter, Christiaan Kuypers, Nicki Gostin, Marion Rosenfeld, Paul Donald, Damon Torres.

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<![CDATA[Murdoch To Hacks: Quit Whining]]> 83641401.jpgAmid all the hair-pulling over magazine and newspaper layoffs, Rupert Murdoch's speech broadcast in Australia Sunday sounds bracing: "Too many journalists — ...misguided cynics who are too busy writing their own obituary to be excited by the opportunity... — seem to take a perverse pleasure in ruminating on their pending demise," he said. "I believe that newspapers will reach new heights." But the News Corporation chairman's faith in the power of quality journalism and newspaper websites sounds an awful lot like McClatchy chief Gary Pruitt's iconoclastic (and now-ironic) defense of the industry back in 2006, in the Wall Street Journal:

Newspapers are still among the best media businesses... no competitor in local markets has held onto audience as well as newspapers have...

We certainly have competition from Google and others. But in each of the communities where we compete, almost every newspaper has the largest news staff, largest sales force, biggest audience and greatest share of advertising in its market. Whether it's on the Internet or off the presses, we are capturing that business.

...Simply put, more people want our products today than wanted them yesterday; this is hardly the profile of a dying industry.

After Pruitt published that op-ed and completed his company's acquisition of Knight-Ridder newspaper group, his company's shares fell to less than $2 from $48.

Of course Murdoch has faith in newspapers. That's self-evident. Like Pruitt when he published his op-ed, Murdoch's just made a huge investment in the future of newspapers. Hopefully he's right! And hopefully he can really cement the public perception of newspapers as "news [readers] can trust" by not sweeping his company's stock-moving errors under the rug so often, and getting the name Canada straight. They're little things, and to a certain extent unavoidable, but they add up.

(via)

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<![CDATA[George Clooney Turns Away Sad Observer Publisher]]> PreviewScreenSnapz001.jpgBritain's Guardian profiled Jared Kushner, and while the Observer owner makes some positive noises about his company, the salient facts are as follows: After two years and a purported 40 percent revenue increase, the paper is still losing about $2 million per year. Kushner said he is " definitely scared about newspapers" and compared the industry to "a falling knife." And despite having Ivanka Trump on his arm, Kushner was recently turned away from fading nightclub Bungalow 8:

In contrast to Ivanka's father, the pair operate discreetly. I witnessed them not uttering a word of protest when turned away from George Clooney's Armani party at Manhattan's Bungalow 8 nightclub in May.

Way to deploy an underhanded compliment, Guardian!

Nightlife embarrassments aside, we're left wondering where the 40 percent revenue increase came from and where the hell it's gone. Is it from the expanded real estate coverage? And if so, what has that revenue stream been looking like over the past, say, six months?

Is the revenue being spent — as it must, since the losses are still there — perhaps online? The Observer is planning a nationwide expansion for its Politicker political blogging franchise (not a bad idea), but it's not clear if capital has been deployed on that yet.

In any case, perhaps the city's club owners could be persuaded to treat young Kushner with a bit more care. After all, we'd hate to see him decide he's not having any fun and go all Ron Burkle one of the last remaining subsidized print operations.

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<![CDATA[Obama Saves Newsweeklies, Too!]]> "By late yesterday, Time, which published more than 100,000 extra copies, had already gone back to press, while Newsweek, which also added 100,000 to its print run, was very close to doing the same." [Post]

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<![CDATA[Newspaper Savior Gives Up On Newspaper]]> 0.jpegSteven A. Smith was considered to be one of the most innovative newspaper editors in the country, Webcasting his morning news meetings, building a radio sound studio and shifting staff and focus to the online edition of his paper, the Spokane, Washington Spokesman-Review. So of course the self-destructing newspaper industry had to go and ruin that, by asking Smith to fire most new online people less than a year after he hacked away 25 percent of the overall staff. Smith naturally resigned, an event that was covered by NPR. Some old newspaper hands are grumbling that Smith should have toughed it out, but up-and-coming print journalists will be looking at his decision and reaching the opposite conclusion: If this guy, of all people, can't deliver newspapers safely to the future, it's probably time to leave. (Photo via NPR)

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<![CDATA[Newhouse Whacks Star-Ledger]]> Sopranos-Ledger"The company will be sold or, failing that, will close operation on Jan. 5, 2009." [Post] (Image)

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<![CDATA[Bloggers Scolded Against Using "Pissed Off"]]> Safariscreensnapz013-1Could the editors at the Los Angeles Times be any more useless? Their newspaper is going down in flames, with cash flow declines ranked worst among the deeply troubled Tribune Company newspapers. Their best hope for salvation is the Web, where the paper is desperately behind upstart competitors like Nikki Finke's Deadline Hollywood and the Huffington Post. Just last year the paper installed new publishing software that couldn't even handle hyperlinks. And yet newsroom "leaders" just spent 18 months in a fucking (ahem) committee debating what swears LATimes.com bloggers should be allowed to use, and when. The byzantine machinations involved some sort of appeal to a "ruling" of a special committee about some formal guidelines, and of course resulted in a tedious and useless memo that should make anyone who ever cared about the once-great newspaper want to slit his wrists. Its insufferable, self-indulgent stupidity lies after the jump. Oh, and it basically says no one can use "pissed off" because it's crude and might tarnish the LA Times's sterling image in the remaining months before the paper's now-all-but-inevitable collapse.

"Pissed off" is among crude language regularly removed from Times coverage as part of what McCoy acknowledges is "a conservative standard" when it comes to publishing coarse or vulgar remarks...

Clark Stevens oversees the style and usage guidelines at The Times... "It's a phrase we've all heard, and most of us have used. But is it essential to the story (or the quotation) here, and is it consistent with the overall tone and image we want to project to our readers? I think that's where conservative judgment prevails in favor of not using it..."

The policy for the first time takes into account the online world vs. the print world. As McCoy wrote in her cover note to staff when she distributed the updated guidelines on obscenity and taste, "A less formal voice may be appropriate in online stories and on blogs (as is often the case in feature stories too), but a conversational style is not an invitation to abandon The Times’ high standards by introducing gratuitous obscenities."

So whether it's on latimes.com or in print, curse words and crude language are supposed to be used only when they are essential to conveying an important point of the story.

Thanks for keeping everyone excruciatingly up to date on your slow-motion embrace of Web culture, LA Times, rather than boring us with stories about, say, philandering politicians and their mistresses!

[LA Times via Romenesko]

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<![CDATA[The Perks Of Magazine Ownership]]> The magazine industry is facing one of "its worst beatings in years" amid the economic downturn, circulation declines and general print media weakness. The smart, aspiring media mogul heads straight for the internet rather than try to recreate Spy or some other once-esteemed dead-trees publication, as he might have 20 years ago. But that's not to say running a magazine is without its privileges, particularly for an aggressive owner like BlackBook's Ari Horowitz. Horowitz recently made the tabloids for hosting "shoots" and "casting calls" (ahem) for hot young models at his apartment. And now, says an insider, BlackBook staff snickering at Horowitz's Facebook profile were surprised to discover his shameless conquest of a 22-year-old NYU coed. Horowitz, pictured at left with his young flame, is just about 40. Does she do any work for BlackBook? And are there more pictures of her? Find out after the jump!

Her name, Laurel Cummings, doesn't seem to appear on the BlackBook website, but under "contact information" on her Facebook, she does list that same site. Odd.

A couple more pictures, via Horowitz and Cummings' Facebook profiles:



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As once-hot novelist Jay McInerney once said, sometimes BlackBook "enjoys frolicking in the shallows." As does its owner!

(Photos via Laurel Cummings and Ari Horowitz on Facebook)

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