Esquire Really *****d The *******s

In your overblownTuesday media column: Time is a biter, Michael Wolff is an exaggerator, Portfolio is a fantasist, Newsweek is stank, and Esquire is an [expletive deleted]:

In your overblownTuesday media column: Time is a biter, Michael Wolff is an exaggerator, Portfolio is a fantasist, Newsweek is stank, and Esquire is an [expletive deleted]:

Esquire's ad revenue dropped 22% in the first quarter, which actually put it above average. But we hear that the magazine's staff, and its corporate overlords, are on edge. There was a meeting yesterday [UPDATED]...
• The Times is folding in several sections of the paper (City, Escapes); scrapping the weekly fashion spread in the New York Times Magazine, and cutting the budget for freelance writers. Grim times, indeed. [NYT, Gawker]
• NBC CEO Jeff Zucker is reportedly concerned that CNBC has become too conservative and is…
In your magaziney Thursday media column: Maxim UK's dead in print, Airline magazines go terrestrial, Michael Wolff's Vanity Fair retribution piece, and Esquire plays with toys:
• Pamela Anderson hit the catwalk at Vivienne Westwood's show in Paris today. Her boob popped out of her dress at the very end, which was totally an accident, you can rest assured. [SW, HP]
• Reports from various shows at Paris Fashion Week. [WSJ, NYM, T, Telegraph]
• You can credit/blame Barack Obama's inauguration…
Esquire editor David Granger loves the Amazon Kindle. Sort of. The e-book reader gives him hope that Internet-shortened attention spans will lengthen enough to spark a renaissance in books and magazines. He's utterly delusional.
Esquire has a profile of every liberal's favorite Fox News jockey Shep Smith this month. It's cute-ish and funny, but a bit murky. Just who is this guy? Is he friend or foe?
• HarperCollins announced layoffs and a major reorg today. [NYO, Gawker]
• No one wants to take the editor job at OK! [Page Six]
• Ron Burkle's magazine distribution company is suing a bunch of publishing companies for trying to drive it out of business. We should be so lucky. [NYP]
• Michael Kinsley explains why…
Ever since Vice plastered an ad on its cover that was only visible in the dark, magazines have been researching better ways to sell out. Now Esquire has made a breakthrough in invisible cover ads!
Obama will make your weed legal because he models himself after FDR, a presumably stoned Esquire writer asserts.
Esquire can now retire their esteemed old "What I've Learned..." feature. Paris Hilton has filled out the questionnaire, and once you find out that someone has a nightclub in their house, there's just no topping it.
Oh, 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…
Chin up, unemployed journalists! Though media companies seem to accelerate their layoffs every day — Time Inc. Europe, People and CondeNet were on deck Tuesday — the optimist looks for opportunity in the panicked horror. One might, for example, sell one's soul to the horrid zombie Web corpse of a long-dead print…
♦ Cuts have arrived at Hearst: Cathie Black (left) is "going floor by floor at the Hearst Tower to trim costs and staff positions." [WWD]
♦ Lloyd Grove talks to Tina Brown about her new site and the economic climate: "It's pretty scary. It's scary, scary, scary." [Portfolio]
♦ The New York Times Co. reported…
♦ Sumner Redstone is being forced to sell about one-fifth of his stake in CBS and Viacom to meet the terms of various loan agreements. Also: Shares in Viacom plunged after the company announced third-quarter earnings fell short of estimates. [Bloomberg]
♦ It's official: Hearst's Cathie Black announced CosmoGirl will…