Time Inc.

With Time Inc. officially pulling the plug on Business 2.0 after the October issue, Erick Schonfeld, the magazine’s editor-at-large, had several options to consider. He could try another Time Inc. title, like Fortune—they’ve been accepting Business 2.0 refugees. And, of course, says Mr. Schonfeld, there were meetings with the “usual suspects,” in the magazine industry.

Instead, he’s leaving the print world altogether: yesterday, the New York Times reported that Mr. Schonfeld will become co-editor of TechCrunch, a popular technology blog that covers Silicon Valley.  Here's why...

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Today, Time Inc. announced the closure of LIFE magazine, the thin Parade-like weekly newspaper supplement. The company will continue the LIFE brand online, and in books.

Full release afer the jump  read more »

Can The Economist be stopped? Or then again, can The Economist be started?    read more »

On Jan.  read more »

What’s in a participle?  read more »

Al D'Amato may not have the clout he used to.

The American Spectator wonders if John Edwards' game plan for using a win in Iowa to trigger campaign donations will work.

Andrew Cuomo hired Frank Hoare to work in the attorney general's office.

Hillary Clinton and John McCain are the front-runners in New Hampshire. Time magazine thinks John Edwards is "more liberal, more experienced - and more unorthodox" than he was during first presidential bid.

Barack Obama is still vacationing in Hawaii, where he's deciding what to do about 2008.

In newly discovered 9/11 debris found near Ground Zero, workers found "a variety of items like computer parts, office carpet, electrical wires and steel from the building."

The WSJ prepares for complaints about their makeover.

A typo sent a German tourist 13,000 kilometers off course.

And pictured above is an over-the-shoulder view of an artist painting the scene around the corner from City Hall this morning.

Happy New Year!

-- Azi Paybarah

New York magazine looks at Alan Hevesi and his complicated personal situation.

At the same time, Hevesi may benefit from a legal argument written by a Republican state Senator.

Time magazine says, "By trying to become the perfect candidate for the primaries, McCain could be creating difficulties for himself in a general election."

Adam Nagourney wondered over the weekend if America is "more likely to vote for a woman or an African-American for president."

George Pataki will decide whether to run for president next year.

Eliot Spitzer's mettle may be tested over the issue of raising salaries for state lawmakers.

New York Times editors like the idea of studying congestion pricing.

The Sun editors are weary of the lame-duck session of the legislature.

Ben looks inside Barack Obama's meeting with George Soros and other high-end contributors.

And there's a new cover photo and introduction to Hillary's book, It Takes a Village.

-- Azi Paybarah

The incident in which police fired 50 shots and killed a groom on his wedding day was "contagious shooting."

The mayor has better relations with minorities than during the police shooting of Amadou Diallo seven years ago.

The cops involved in the shooting had at least five years of experience on the job.

Two Council members have called on the police commissioner to resign.

Christine Quinn's citywide speaking tour is generating buzz about a possible mayoral run.

An advocacy group wants congestion pricing in the city.

The state Assembly will make public a detailed list of pork projects it funds.

Political parties can now spend money during primaries in New York.

The head of the Executive Director of the state's Lobbying Commission may be ousted.

Eliot Spitzer will get to fill at least two upcoming vacancies on the state's highest court.

2008 wouldn't be the first time Rudy Giuliani tested the presidential waters.

Al Gore told Time magazine that despite traveling by jet to promote his global warming lecture, he does live eco-friendly.

Newsweek looked at Mitt Romney's opposition to same-sex marriage in his last days as governor of Massachusetts, and wonders if he can ride that issue into the White House.

Time magazine simply asks whether a Mormon can be president.

Jonathan Chait, writing in The New Republic, argued that "psychotic mass murderer" Saddam Hussein should be restored to power [subscription]in Iraq.

"Under his rule, Iraqis were shot, tortured, and lived in constant fear. Bringing the dictator back would sound cruel if it weren't for the fact that all those things are also happening now, probably on a wider scale."

And Andrew Cuomo told Page Six that he asked Louis Freeh, a Clinton foe, to be on his transition team because of his legal expertise, not because of politics.

-- Azi Paybarah

Hillary Clinton is quitting her job on the Democratic policy steering committee in the Senate because of other time commitments, reports Glenn Thrush.

Time magazine has a Joe Klein story billed on the cover as "Why the Center is the Place to Be" but Greg Sargent says that "the story inside doesn't say anything like that."

The President picked a new RNC Chairman: Sen. Mel Martinez of Florida.

Jerry Skurnik breaks down the demographics of who will be voting in two City Council special elections.

New York magazine's well-written political blog announces that it won't be posting early or often anymore.

Eliot Spitzer and Chuck Schumer met for a bite to eat at 7:30 a.m. this morning.

Incoming GOP state chairman Joseph Mondello works at the same law firm where Assemblyman Mark Weprin is of counsel. Weprin is close to Democrats Spitzer and Sheldon Silver. And pictured above is the El San Juan Hotel and Casino, where at least one person who attended the Somos El Futuro conference is demanding some money back because the hotel's pool is under construction.  read more »

-- Azi Paybarah

Andy Sewer, who has been Fortune's editor-at-large since 1998, has been promoted to managing editor, according to a release. Former managing editor Eric Pooley will be working on "investigative projects," with Time Inc. editor-in-chief John Huey and and managing editor Jim Kelly.

Fulll release is after the jump  read more »

Time Magazine came away somewhat underwhlemed in a cover story on Barack Obama.

Essayist Shelby Steele tells Joe Klein:

"White people are just thrilled when a prominent black person comes along and doesn't rub their noses in racial guilt. White people just go crazy over people like that."

Klein adds this observation:

"With the exception of a bipartisan effort with ultra-conservative Senator Tom Coburn of Oklahoma to publish every government contract--a matter of some embarrassment to their pork-loving colleagues--his record has been predictably liberal."

-- Azi Paybarah

Time Inc. was in trouble.  read more »

Time Inc. was in trouble.  read more »

Prosecutor Patrick Fitzgerald has taken his place among the spirits permanently haunting West 43rd S  read more »

September 14, 2006

To: Time Inc. Employees

From: Richard Stengel

Re: Staff Announcement

TIME.com has experienced a renaissance under the editorial leadership of Steve Koepp. Within the last year, the site has doubled its unique users and increased the time spent per user by more than 50%. TIME.com has launched blogs (with more on the way), harnessed the fine work of TIME's correspondents, created a powerful partnership with CNN.com, and is rapidly evolving into a 24/7 news organization. Now that we are changing our publication date and rethinking how we put out the magazine, I have asked Steve to come back to the magazine to help think through those changes. During Steve's tenure at TIME, he has excelled in all the important roles he has undertaken, and few know the DNA of TIME better than he does. We will also take advantage of his great experience and sharp insight by having him oversee our most important franchise, "Person of the Year," and some of our other annuities.

I am delighted to announce that Josh Tyrangiel will be taking over as the new editor of TIME.com and will become an assistant managing editor at TIME. Josh will be charged with taking TIME.com to still greater heights, further integrating it with the magazine, and making it a must-visit daily news site for our unique blend of breaking news and fresh analysis. In addition to writing and editing national and international cover stories, Josh has been TIME's music critic for the past five years and has proven himself a high-energy journalist who brings tremendous intelligence to his coverage of the arts and culture. Before coming to TIME, Josh worked at Vibe and Rolling Stone magazines, produced the news at MTV and received a master's degree in American Studies from Yale University.

Please join me in congratulating both of these talented editors on their important new assignments.

R. S.

“All news breaks online anyway,” said Richard Stengel, the managing editor of Time magaz  read more »

This afternoon, Time Inc. announced it was discontinuing Teen People magazine after the September issue. The title will survive on the Web, however. The full memo follows:

To: Time Inc. Employees From: Ann Moore and John Huey Re: Teen People

We regret to inform you that we are suspending publication of Teen People magazine, effective with the September 2006 issue. We will continue to invest in the brand through TeenPeople.com which shows promise and growth. Teen People's groundbreaking launch in 1998 as a magazine and website was an industry first, and one that we remain proud of.

This decision was a difficult one because of the hard work of the magazine's talented staff and the support of its many loyal readers. We are taking immediate steps to place as many Teen People magazine employees as possible within Time Inc.

A. M. J. H.

Anna Wintour was not pleased with what she saw on the cover.  read more »

Dear Reader: If you’re really curious, leave this newspaper, go straight to our Web site, www.  read more »

Dear Reader: If you’re really curious, leave this newspaper, go straight to our Web site, www.obse  read more »

The new managing editor of Time magazine will be Richard Stengel, Time Inc. announced this morning. Stengel, currently the head of the National Constitution Center in Philadelphia, previously held several editing posts at Time and Time.com. The full announcement comes after the jump:  read more »

Awkward moments in media management: In the midst of Time Inc. editor in chief John Huey's search for a replacement for Time managing editor Jim Kelly, Kelly collected two Ellies--including the evening-ending heavyweight-division prize for general excellence, which drew a pointedly sustained ovation from Kelly's fellow editors.

Today, Huey gamely celebrated the win, in a long and fulsome e-mail (posted in full at Gawker). Among the all-caps praises:

IT IS A FITTING TRIBUTE TO A MAN WHO WAS SITTING IN THE PILOT'S SEAT AT TIME ON THE MORNING OF 9/11/01, AND HASN'T MADE A MISSTEP SINCE.

Sitting in the what, now?

Who won’t be the next managing editor of Time magazine? Michael Kinsley, for starters.  read more »

Who won’t be the next managing editor of Time magazine? Michael Kinsley, for starters.  read more »

Time Inc. editor in chief John Huey has reached out to Newsweek managing editor Jon Meacham to see if he would be interested in Time's managing-editor job, according to sources with knowledge of the search.

Reached by phone, Meacham declined to comment on any interactions with Huey, but said he has no plans to leave Newsweek.

"I'm extremely happy at Newsweek, where I intend to stay," Meacham said.

Time maintains that incumbent managing editor Jim Kelly's status has not changed. Huey has, however, sought the advice of former Time Inc. editor at large (and former New York Times public editor) Daniel Okrent on the search for Kelly's replacement, according to two sources.

Besides Meacham, sources have said Huey has also asked Michael Kinsley and Slate's Jacob Weisberg about their interest in the job. --Gabriel Sherman

According to two sources with knowledge of Time magazine's search for a new managing editor, Time Inc. editor-in-chief John Huey has approached Slate editor Jacob Weisberg to see if he would be interested in the position.

"I shouldn't say anything about it," Weisberg said by phone. "I love my job and am happy where I am."

Time declined to discuss the subject of a replacement for current managing editor Jim Kelly. "We couldn't be firmer in saying Jim is the guy," Time Inc. spokesperson Dawn Bridges said. "People like to speculate. Jim has the honor of working for the flagship of Time Inc. and Time Warner. The name is on the building, and a lot of things come with that. One of those things is a bigger microscope." But according to multiple sources with knowledge of the search, Time is actively looking for a new managing editor. One source said that Huey has consulted Michael Kinsley, Slate's founding editor, about candidates to consider. According to another source, Time initially approached Weisberg this spring to discuss Time's Internet strategy. Since then, Huey reached out to Weisberg to discuss the managing-editor position.

--Gabriel Sherman

Time continues to bulk up its web presence, following their hirings of blogger Andrew Sullivan and web/print columnist Ana Marie Cox. Today, Time's White House correspondent Matt Cooper was promoted to Political Editor of Time.com, Time's deputy managing editor Steve Koepp announced. The internal memo follows. —Gabriel Sherman  read more »

Ana Marie Cox, the former editor of Wonkette.com and the author of Dog Days, has signed to be a columnist for Time and Time.com. She will file a weekly column on politics for the Web site and a monthly column in the magazine. Her first deadline is this week; this past Thursday, at the D.C. bureau offices, she had the photo taken that would accompany the column.

A press release will be issued by Time early this week, for which Cox submitted a quote. It is: "My only regret about selling out to Time is that it didn't happen earlier. I hope to put the 'stream' in Mainstream Media."

Cox will be joining fellow mainstream-journalist-turned-blogger-turned-mainstream-journalist Andrew Sullivan, whose arrival at Time was feted by managing editor Jim Kelly earlier this month.

On Feb. 17, Time Inc.  read more »

We've seen virtual real-estate investing before, but now you can attain full-fledged tycoon status.

Yesterday, Atari announced it was shipping out Tycoon City: New York.

Players will get the chance to carve their own empires out of the Big Apple from humble origins, building and customizing restaurants, nightclubs, and theaters before moving on up to run media conglomerates and Wall Street financial firms. Tycoon City features more than 100 different types of business ventures in all, and the real-world setting and landmarks of New York will be accompanied by real-world product placement, including Time Magazine, Tag Heuer, and Nokia.

And every budding tycoon should learn about real-world product placement. Ever seen The Apprentice?  read more »

- Michael Calderone

“[I]t’s really hard to match you,” eHarmony.com founder Neil Clark Warren tells At  read more »

New York Times editors published reporter James Risen’s December account of National Security  read more »

New York Times editors published reporter James Risen’s December account of National Security Agen  read more »

In 1967, a Time magazine cover story trumpeted “The Shock of Freedom in Films,” praising Hollywo  read more »

It's not quite the Time Magazine stamp of approval he's been spreading all over his campaign literature, but Mike has been getting some attention lately on MyDD.com, a widely read liberal blog, which is linking to this clip of his speech to the Republican National Convention. The comments on MyDD reflect how a lot of youngish, tech-friendly New York liberals feel: they don't want to vote for Mike, but don't think Freddy's their kind of Democrat.  read more »

Time staffers are still waiting for the gavel to fall on Time Inc.'s latest round of cost-cutting announced last week. While Sports Illustrated staffers received a memo announcing the revocation of perks such as catered meetings and (gasp!) business-class air travel, Time staffers haven't heard anything similar. "We've had some trouble with e-mail," a Time staffer joked. "The one lesson we took away from Matt Cooper was not to put anything in e-mails." Time managing editor Jim Kelly said the magazine wasn't trying to avoid a leak by not issuing a memo, and an e-mail about expenses will be distributed in the next week. "We have a memo that will go out at some point," Mr. Kelly said. "It was left up to each magazine to do its own thing." --Gabriel Sherman  read more »

Reserve some extra time on the playground courts: The New York Times Magazine and Sports Illustrated  read more »

Reserve some extra time on the playground courts: The New York Times Magazine and Sports Illustrated  read more »

At lunchtime on July 11, as Time Inc.  read more »

In the old days, the Time “Milestone” would have read like this:

DIED: Five years, six  read more »

On June 30, Time Inc.  read more »

On June 30, Time Inc.  read more »

In the old days, the Time "Milestone" would have read like this:DIED: Five years, six months and 30  read more »

"Never stay for the second act," Web log pioneer Matt Drudge said. Mr.  read more »

"Never stay for the second act," Web log pioneer Matt Drudge said. Mr.  read more »

It was quiet on Floyd Abrams' side of the thick door leading into the television studio.  read more »

A magazine that's printed on computers is more like a magazine than it is like a computer program.  read more »

Luxury-goods heiress Coralie Charriol Paul was on the phone."There's this woman who lives on the Upp  read more »

Harvard University scholar Henry Louis Gates is planning to establish a think tank in Harlem and has  read more »

Wednesday    10thWe've learned some interesting lessons this week: that the island we choose to c  read more »