Observer Vets Launch Online Magazine

Former New York Observer editors Tom McGeveran and Josh Benson launched their online magazine in beta form today. It seems to have lived up to its advance billing as a sort of Politico-meets-Salon-meets-Observer.

Former New York Observer editors Tom McGeveran and Josh Benson launched their online magazine in beta form today. It seems to have lived up to its advance billing as a sort of Politico-meets-Salon-meets-Observer.
New York Observer politics editor Katharine Jose is leaving for Tom McGeveran's new project, Capital.

New York Observer executive editor Josh Benson is leaving the paper at the end of the year along with departing top editor Tom McGeveran. Benson tells Michael Calderone he's joining McGeveran in his non-Jared Kushner-affiliated future project. [Politico]
• The cuts continue at Time Inc. Fortune Small Business was shuttered today. And as many as 500 employees may lose their jobs when all is said and done. Meanwhile, parent company Time Warner reported a drop in revenues and earnings in the third quarter, as expected. [NYT, WWD, AdAge, NYP]
• Profits were up at News…
Last week the well-respected interim editor of the Observer, Tom McGeveran, quit in mysterious circumstances. New York Mag tells a tale of feuds and (media) hit jobs that might offer some explanation.
• Tom McGeveran took over as editor of the Observer after Peter Kaplan made his exit this spring, but now he's headed out the door as well. [NYO]
• Layoffs: The cuts at Condé Nast continue though they should end soon; the layoffs at Forbes this week were deep ones: 1 in 4 editorial staffers were let go.
• Newsday's…
Tom McGeveran, who took over as editor of the New York Observer after longtime editor Peter Kaplan left earlier this year, told his staff today that he's leaving the paper at the end of the year. Who can blame him?
Staff favorite Tom McGeveran has been named the *interim* successor to departing New York Observer editor Peter Kaplan. Hopefully the paper lasts long enough for him to become the full-time successor.
• Rumor has it Richard Branson may be interested in buying Playboy. [ChiTrib]
• Two Boston Globe unions have agreed to concessions with the NYT Co. [E&P]
• Why did the Times pick Mexican billionaire Carlos Slim to invest in the paper instead of David Geffen? It seems publisher Arthur Sulzberger Jr. was "worried about…
As of tomorrow, the Observer will have a new friendly face around the office (not Ivanka Trump, either, though some say that she's now "exclusive" with owner Jared Kushner). No, the new hire is the relatively unknown Jesse Wegman, who's had one of those overachieving yet peripatetic careers (NPR reporter, creative…
The Observer's Tom McGeveran does a little follow-up reporting on our March 4 item about a conversation between WTC finalists Stephen Holl and Peter Eisenman about WTC winner Daniel Libeskind and his wife, Nina: "'It's so inflammatory, and it's really not in line with our business or what we're trying to promote,'…
The Observer's Tom McGeveran looks at the monstrous building that AOL/TW will be moving into sometime this fallassuming they're still around, what with having lost a mere $44.9 billion this quarter. At $1.8 billion, it's the most expensive single-building construction project in the history of the U.S., and it's…