In your blockbuster Monday media column: Katie Couric's new show will knock your Couric off, local TV news is winning, reporters are trapped in Libya, a September issue preview, and News Corp is besieged by powerful enemies.
The founding editor of the Wall Street Journal's glossy lifestyle magazine has flown the coop. The newspaper is making kindly noises about the departure, but we hear the editor, Tina Gaudoin, has wanted out since at least last summer.
• Condé Nast editors and publishers may be forced to cut their budgets by as much as 25% now that the consultants reviewing operations are completing their tour of duty. Not surprisingly, "significant layoffs" are expected. [NYO]
• More trouble for Harvey: The Weinstein Co. says it plans to cut 35 additional positions…
• Esquire, The New Yorker, Backpacker, and Wired were all big winners at last night's National Magazine Awards, although the mood was much more subdued this year, not surprisingly. [ NYT, WWD, NYP]
• Portfolio's Joanne Lipman reflects on what went wrong. [Newsweek]
• Hollywood might be on track for its best year ever…
The Wall Street Journal's magazine WSJ. was the glossy linchpin of Rupert Murdoch's plan to grow his beloved newspaper's revenue. But instead of minting money like the New York Times' T, it's shriveling.
The Wall Street Journal's new glossy quarterly "Modern Wealth "-themed grab for the pocketbooks of the plutocracy-in-waiting is here!!!! And…would you believe that model's "dress" was "designed" by Roland Mouret? Huh. I can think of some Project Runway rejects who might have done it better for cheap?? But, whatever,…
