Gawker
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conde nast
Dead Magazine Replaced With Dead Magazine
This is what happens when magazines die too fast. Conde Nast folded Men's Vogue last October. But don't worry, Men's Vogue subscribers! We're hooking you up with a subscription to Portfolio. Wait. More »
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Comment by BookishLookish: If you used to get Portfolio and you are deigned not to have a penis, you get Architectural Digest. 4 Responses | Other threads
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salvation
Kitschy Portfolio Cufflinks Will Save the Media
Some brash "can-do" entrepreneur is selling a historic pair of ugly Portfolio cufflinks bearing the nonsensical slogan "Linking Business and Pleasure," which describes "Gossip" much better than "Portfolio" or "cufflinks." Please use this priceless item for the good of mediakind! More »
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Comment by SultanaEleusis: The seller must be a laid-off Portfolio staffer with only cufflinks and nothing more. Utter desperation. Or Mr.... more » | Other threads
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magazines
Portfolio May Rise Again! In North Carolina
Conde Nast sunk $100 million into Portfolio before it folded last month. Why let all that brand value go to waste? Why not move the whole operation down South, for maximum fall-from-grace effect [UPDATED below]? More »
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Comment by Ted Gillespie: This site is so consistently condescending toward anything to do with the South. North Carolina is a blue state... 11 Responses | Other threads
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Media Crack
Lady Layoffs at Men's Journal?
In your cloudy Monday media column: Rumors of woman-centric layoffs at Men's Journal, Warren Buffett gives up on newspapers, Newsweek goes through "the change," job moves galore, and more!: More »
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portfolio
All Joanne Lipman Knows Is It Wasn't Her Fault
What's deposed Portfolio editor Joanne Lipman been up to since her magazine folded, besides lying about not reading this website? Partying, vacation planning, and blaming others! More »
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Comment by SkimLatte: And all this time I assumed she actually looked like the woman on that Portfolio cover. 3 Responses | Other threads
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portfolio
Joanne Lipman's Dream That Could Not Be
A year before Portfolio's launch, the magazine produced mock-ups, obtained by the New York Observer. The titles are awful, but the cover lines reveal a compelling vision editor Joanne Lipman couldn't pull off. More »
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By Ryan TateComment by Richard Lawson: Funds & Ammo? Cash Fancy? Layoffs Home Journal? 2 Responses | Other threads
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magazines
Tina Brown Terrified That Burning Money Now Frowned Upon
When Tina Brown looks at the closure of Portfolio, she must worry for her future. Publications are now expected to turn a profit? Time for the notorious spendthrift to panic. More »
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By Ryan TateComment by TalbotSmith: Does anyone actually care what Tina Brown has to say? I mean really. 3 Responses | Other threads
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op-ed
Inside Fort Polio: A Former Staffer on What Went Wrong
Paul Smalera, a Portfolio staff writer who was laid off before it shut down today, argues that it was hubris and an obstinate editor — not the economy — that doomed Conde Nast's business mag. More »
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By Paul SmaleraComment by microtony: Using the word "insouciance" more than once in an article is unacceptable. 2 Responses | Other threads
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Media Crack
All the Suckers in the World Can't Save Newspapers
In your bitter Monday media column: Newspaper circulation predictably declines, Martha Stewart is predictably scared of us, old people predictably get conned by media hustlers, and Portfolio's unpredictable burn rate: More »
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Comment by meg9: Why would anyone even want to buy a newspaper? There isn't any time to read it, it's a huge floppy... 1 Responses | Other threads
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and now it's dead
Portfolio, 2007-2009
Conde Nast, Manhattan's most lavish magazine publisher, was once able to subsidize expensive and monumental magazine launches with newspaper profits. But now the last of its kind, Portfolio, is dead.
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Comment by Mediahohoho: My sympathies and condolences to the people who put out and marketed a very good magazine. Feels like a punch... 4 Responses | Other threads
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great magazine die-off
Portfolio Has Folded
Update: The rumors are true, confirms staff blogger Jeff Bercovici. We (and others) hear a rumor that Conde Nast is folding long-suffering $100 million business magazine and object of our fascination, Portfolio. More »
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Comment by Trulymadlyme: Man, I am on a roll when it comes to randomly getting magazines that fold. First I got Cottage Living.... 3 Responses | Other threads
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Media Crack
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]: More »
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Comment by BookishLookish: Nice job, Esquire. You were once the classy arbiters of masculine taste, and now you've gotten yourself down to the... 3 Responses | Other threads
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magazines
Conde Nast's No Good, Very Bad Quarter
Consumer magazines as a whole lost nearly 26% of their ad pages in the first quarter. We broke out the numbers for Conde Nast, and they're just as bad. The biggest loser: Wired. More »
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Comment by saythatscool: How sad that Golf World is seeing a rising revenue but Newhouse's balls are still in the rough. 6 Responses | Other threads
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magazines
Tiniest Condé Nast magazine ever: the 106-page April Portfolio.
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disasters
How Barack Obama Got Snared In Portfolio's Crazy-Making
Joanne Lipman, the diva editor of Portfolio, is becoming known for her disastrous cover decisions. The worst, perhaps, involved the president and Annie Leibovitz. More »
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By Ryan TateComment by Moriturus: The article that accompanied the picture was one of the better analyses of the real estate meltdown, written by the... 1 Responses | Other threads
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magazines
Another Irrelevant Portfolio Cover Coming
What is wrong with Joanne Lipman? Does the Portfolio editor detest business journalism? Is she trying to finally get fired? There must be some reason she's putting Sarah Palin on next month's cover. More »
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By Ryan TateComment by Choire: I'd love to see a transcript of his solicitations of Palin. Of course Palin is way down the social ladder... 2 Responses | Other threads
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struggling writers
How Laid-Off Journalist Dodged Insanity
Here's the thing about losing your journalism job and starting your own internet/freelance business: Suddenly you work, eat, sleep, drink and even exercise in one tiny space. Laura Rich almost went crazy. More »
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By Ryan TateComment by Pay Me to Play Me: When you're self employed you learn to work out of public spaces. I have all my business meetings with clients... 12 Responses | Other threads
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recessionomics
Cash-Bleeding Mag Editor Recommends Buying a House
Yes, sure, ok, Portfolio editor Joanne Lipman. You go on TV and claim this year is shaping up as an extraordinary time to buy a home. That's a fine and sensical thing for the editor of a finance magazine to be saying. More »
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By PareeneComment by badasscat: It probably is a good time to buy a house if you have the money and/or can get credit, which... 4 Responses | Other threads
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polls
You Demand: Let Wired Live!
In the past 24 hours, more than 8,000 of you voted on which Conde Nast magazine most deserves to live. You care, you really care! Your full results—and what they mean—below: More »
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Comment by Colonel Mustard: Okay, I'm not saying that Wired ISN'T the "most fully developed and cerebral magazine in the bunch", but: 5 Responses | Other threads
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magazines
Sun Setting on Conde Nast's Fancy Culture
Conde Nast, magazine publisher of the gods, is in trouble. Many of its most famous magazines are losing critical amounts of advertising. How bad are things? So bad that Conde is actually making some changes!
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Comment by Colonel Mustard: Since nobody at Conde Nast eats anything other than celery anyway, they could probably eliminate the cafeteria all together and... 4 Responses | Other threads
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portfolio
Portfolio's Loss Is Political Blog Empire's Gain
Sinking ship Portfolio has one less expensive contract to worry about. Matt Cooper, formerly the D.C. bureau chief of Time, has joined web outfit Talking Points Memo. More » -
magazines
Portfolio's Attempt to Be Splashy Like American Apparel: Fail
Everyone was so confused by Portfolio's November Dov Charney cover, which featured the splayed-leg American Apparel founder instead of the financial doom that the mag was built to address.
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By SheilaComment by Victor Ward: Christian Bale, nude, bent over a couch Sean Cody style. Of course, I find that to be the best solution for... 4 Responses | Other threads
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sam zell
Sam Zell To Newspapers: Stop Acting Like Punks
Embattled Porfolio editor Joanne Lipman interviewed embattled Tribune publisher Sam Zell recently, in a dynamic meeting of the embattleds! Zell is a well-known asshole, but kind of lovable too (if you don't work for him), because he tells the hard truth no matter what. He admits that newspapers' business model was screwy and outdated. He admits that newspapers will never again be able to "break news" in print on a regular basis. He talks shit to Arthur Sulzberger. And he charmingly scoffs at the expensive pursuit of Pulitzers by newspapers that can't even cover daily news in their own cities: More »
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Comment by tunamelt: he charmingly scoffs at the expensive pursuit of Pulitzers by newspapers that can't even cover daily news in their own... 4 Responses | Other threads
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layoffs
Hearst Layoffs Hit Esquire
The layoffs at Hearst this week have already hit Redbook and Good Housekeeping. So as not to be sexist, now they've come to Esquire. We hear the upscale men's mag laid off four editorial employees yesterday, including two editors, and decreed that another open assistant editor position won't be filled. "They gathered everyone together to tell them not to tell anyone the exact number cuz they don't want any media," says a tipster. That's somewhat embarrassing. But not as embarrassing as the spending habits of another layoff-happy mag, the recently decimated Conde Nast Portfolio: More »
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Comment by zaropa: David Granger is very good at firing people. Or hiding in his office while he has employees escorted from the... 6 Responses | Other threads
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commentards
CNET founder now just another angry Internet commenter
Is Halsey Minor the "bad boy of Silicon Valley," as Portfolio recently dubbed him? The moniker may not be geographically precise — the founder of CNET turned venture capitalist has a house in San Francisco, not Woodside or Atherton. But what the magazine really should have called him was the bad boy of the blogosphere. Minor obsessively comments on stories about him, with detailed but completely off-topic critiques of the writer's prose. Take, for example, his reaction to the post Thomson Reuters reporter Connie Loizos wrote about Minor's failed attempts to buy a racetrack in Florida: More »
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By Owen ThomasComment by Tiki Tonga: halsey minor has earned the right at the table to say whatever he wants whenever wants about whom he wants,... 2 Responses | Other threads
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portfolio
Friday Layoffs At Wenner And Portfolio
As we heard earlier this week, Wenner Media announced editorial layoffs today. No names have been released, but we hear the cuts were spread across Us, Rolling Stone, and Men's Journal. And All Things D has a list of the layoffs at Portfolio today, which include senior editor Ken Wells—even though "Portfolio hosted a book party for him just this week": More »
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Comment by bjonston: All I have to say is Portofolio read backwards is "Oil of o trop." What the fuck kind of... 1 Responses | Other threads
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portfolio
Portfolio Victims Learning Their Fate
We hear that this morning Joanne Lipmann notified the unlucky Portfolio staffers who will be losing their jobs as part of Conde Nast's cost cuts and the top of the masthead was hit hard: four of the magazine's seven senior editors have been ushered out. If you know names, please let us know. An email is also supposedly going out to the staff later today with management spin on the cuts.
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Comment by Peter Feld: they could have easily handled their entire need for 5% salary/staff reductions with one strategically targeted layoff. 6 Responses | Other threads
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portfolio
Fort Polio Begins to Crack
Portfolio, Conde Nast's $100 million business magazine, has finally hit what will probably prove to be a permanent downward slope. The latest word is that the magazine is laying off 20% of its total staff—including the vast majority of its web staff—and cutting publication to ten issues per year. Of all the troubled magazines lately, Portfolio is the most significant. Because the decline of Portfolio marks the final, incontrovertible end to the days of big, brash print magazine launches. The good times are over, kids. More »
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Comment by Citizen_Pinhead: Can somebody explain to me why these glossies are so fucking expensive to produce? Where does all the money go? 3 Responses | Other threads
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conde nast
Men's Vogue And Portfolio Are First Conde Nast Victims
The 5% across-the-board cuts at Conde Nast are already manifesting themselves. Men's Vogue has been officially scaled back to a twice-a-year publication—meaning that it's folding, in the sense of being a regular (almost) monthly magazine. Tipsters tell us that the MV staff is getting laid off, although Conde's own statement uses the vague phrasing, "Men's Vogue will be absorbed into Vogue," leaving open the possibility of some staff retention (MV editor Jay Fielden is staying on). And All Things D reports that the entire staff of Conde's troubled business title Portfolio has been summoned into a meeting that's going on right now. Ominous. Anyone with specific info on layoffs, email us. [UPDATE: Portfolio has indeed suffered a serious cutback, along with layoffs]:
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Comment by ClearAirTurbulence: Denton's plan: Gawker merges with Deadspin to become Deader Jezebel merges with Fleshbot to become Jezebot Gizmodo merges with The Consumerist to become... 4 Responses | Other threads
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magazines
The
So Portfolio went with a Dov Charney cover in the midst of the greatest financial crisis since the Great Depression. Hey, what do you expect them to do—undo stuff that had already been planned? What are they, a daily? No, they're a monthly, and they refuse to get all worked up about anything. They must maintain their office's monk-like atmosphere at all costs. And their fellow business mags agree: with a little creative editing, you can make it look like you're covering this crisis without doing any extra work at all! More »LazyZen Approach To Crisis Coverage
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Comment by Clare: Wait, is that Dov Charney on the cover? What happened to the ear-to-ear mustache? The white jeans and... 6 Responses | Other threads
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portfolio
Conde Nast's Portfolio Overlooks The Financial Crisis
Who did (troubled?) business magazine Portfolio select to put on its cover this month, in the midst of the greatest financial upheaval since the Great Depression? Dov Charney. Pervy, pacing, dog-loving American Apparel chief Dov Charney. There must be an explanation for this, right? More »
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Comment by LongIslandSettee: And to those who say he looks hot: whywhywhywhywhywhywhy. Why? Why? I simply don't understand. One glance at his photo... 3 Responses | Other threads
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portfolio
A Message From Conde Nast
"Dear MR HAMILTON NOLAN: Your Condé Nast Portfolio subscription is about to expire...If you fail to respond, your account will move to our 'expired' files...Your Charter Subscriber privileges, savings, and perks will no longer be available." Perks?
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Comment by it takes a lot to laugh: Uh oh - the 'expired' files! You know what happens then... 3 Responses | Other threads
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Blaise Zerega
Portfolio editor goes startup
The only thing more foolish than joining a startup right now is staying at a print magazine. Portfolio's San Francisco-based deputy editor, Blaise Zerega, has left the Condé Nast business magazine. He's now the president and COO of Fora.tv, an online-video startup which collects clips of those boring public-affairs speeches we all dread attending, but go for the mingling and cocktails that follow. Not clear how Fora.tv will reproduce mingling and cocktails online. One other thing notable about Fora.tv: Its address, 1550 Bryant Street. That's the same building where Zerega and I worked at the old Red Herring, back when it was a respectable chronicler of the technology business.
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By Owen ThomasComment by Our Lady of the Massacre: Well that's hardly shocking. Everyone in San Fransisco is in a startup. 1 Responses | Other threads
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michael lewis
Graydon Carter Sticks It To Portfolio Again
It was something of a coup when Vanity Fair, in May, did what its Condé Nast sibling Portfolio couldn't and poached Fortune's winsome star writer Bethany McLean. If Portfolio's uncertain editor Joanne Lipman was annoyed then, she must be really steaming now that rival Graydon Carter snagged his latest catch from her own magazine. Vanity Fair's editor just inked an exclusive deal, the Observer reports, with Michael Lewis, who had contracts at both Lipman's glossy and with the Times magazine. Carter lured Lewis even though the Liar's Poker author recently saw his pay upped at Portfolio and despite a grudge the financial writer harbored against Vanity Fair for 10 years over an an unflattering 1997 profile. How did Carter do it? More »
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By Ryan TateComment by Aaron Altman: Ryan, there's no such thing as a $55 plate of mac and cheese, stop lying! 3 Responses | Other threads
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public relations
Jack Flack To Dealbook
Portfolio PR blogger Paul Pendergrass, a.k.a. Jack Flack, one of the media's sharpest translators of corporate bullshit, is leaving the mag and joining the NYT's Dealbook blog. Where his bullshit-translating skills will doubtless be put to good use. [PRNewser]
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Comment by GORDONGARTRELLE: Great to hear. Because the "open letter" format is so fresh, so groundbreaking. more » | Other threads
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nerdfight
Halsey Minor's endless complaints
Multimillionaire CNET founder Halsey Minor is in the news again, for another spat over his expansive art collection. Portfolio explains that Minor got into an "angry email exchange" with famous artist Damien Hirst. There are now "gaping, fist-size holes in the plaster walls" of Minor's San Francisco offices, where Hirst's work used to hang. This comes as Sotheby's is suing Minor over a disputed art auction. After the article ran online, Minor left a rambling comment quibbling with details. But he never disputed the story's central question: Has Minor spent so impulsively and unwisely on art, real estate, new startups, and a new wife (Shannon, pictured with Minor, above), that he's running short on cash? He doesn't answer that. Instead, he declares himself "the baddest psycho in bass fishing." The comment seems as delusional as this moment he recounts in the story: More »
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By Owen ThomasComment by guyger: H provided the lions share of the first round of funding for Salesforce.com which ultimately became about 15% of the... more » | Other threads
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meltdown my heart
Media Creaming Pants Harder Than Ever For Hunky (Available!) Merrill Lynch Guy
Ha ha ha just months ago the stupid business press were writing glowing cover stories of Merrill Lynch CEO John Thain like he was John McCain in 2000 and now look his company doesn't exist anymore! Yes we've received those tips. "Aside from its obvious troubles—afflicting all the largest financial institutions," Forbes wrote, "Merrill is in damn good shape." Interesting word choice, media! Distracted by a certain someone's athletic physique? More »
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By MoeComment by clergymen from molluscs: Re: the 95% tax. It worked for Roosevelt, Truman, Eisenhower, and Kennedy. More precisely, 91%-94% was the marginal... 2 Responses | Other threads
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mashups
Remix of Google's Chrome comic
Those crazy Olds at Condé Nast's Portfolio have stripped down and remixed Scott McCloud's comic-book introduction to Google's Chrome browser. Best part is where they mock the developers-only techspeak that bogged down the original.
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By Paul BoutinComment by Michael Arrington: Little known fact: that fish presented at my last TC party. more » | Other threads
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barack obama
Obama Speech Media Hierarchy: Losers And Winners
Not all reporters are created equal at Invesco Field, where Barack Obama is about to close out the Democratic National Convention. John Koblin at the Observer printed a seating chart (left) and gave a rundown on the winners and losers. It looks like the Obama campaign continues to snub the New Yorker for its controversial parody cover, sitting the magazine's correspondents in worse seats than Jezebel/Glamour (team Megan!), the Nation and the New Republic. More delightfully, the campaign totally dissed those conssumate insiders at Vanity Fair, "which is stuck in the back row in Section J" behind basically everyone except the Gotham tabloids. Ha ha, I guess the entire free world is not actually obsessed with getting into the Waverly or your damned Oscar party, Graydon Carter! After the jump, early chatter among reporters, plus a list of seating winners. More »
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By Ryan TateComment by Mike Jahn: Well, that was damned impressive. I know it's an obscure point, but I thought it was pretty smart to play a... 19 Responses | Other threads
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end times
Harvey Weinstein Makes a Blog
Weinstein Company head Harvey Weinstein is blogging away at Portfolio in a perfect storm of terrible news that we are required to cover. He is mad at you for going to Batman instead of some bullshit pretend indie he released to no acclaim. IT WON FOUR BAFTAS. The problem is the lying, biased media. "So, you see, its not that I'm not focusing on great independent films, it's just that no one is paying attention to them." So go see some weepie pretend indie and help Harvey Take Back the Multiplex! [Portfolio via NYO]
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By PareeneComment by Lazy Susan: Ok, fess up. Which one of you eager ninjas posted this comment? more » | Other threads
portfolio
New York, 7:06 AM
Fri Jul 10
44 posts in the last 24 hours
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