Richard Perez-Pena
Success, and Succession, at Conde Nast
The most interesting thing in Richard Perez-Pena's 3,330 word write-around profile of Si Newhouse is the language from Condé Nast executives about the importance of the Web.
- Tom Wallace, editorial director, Condé Nast: “You’re going to have to go a long way on the Internet to compete with the way we produce words and images in the magazines."
- Steve Newhouse, chariman of Advance.net: “What we’re not doing is trying to turn those companion sites into large Web destinations. They’re there to support the magazines.”
- Jonathan Newhouse, head of Condé Nast international: “I think sometimes commentators throw around these assumptions about what is happening to the industry, going the way of newspapers, and I don’t believe it.
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Report: McClatchy Company to Cut 1,400 Jobs; 250 at Miami Herald
More layoffs in the newspaper industry. This time it's 1,400 workers at The McClatchy Company according to The New York Times' Richard Pérez-Peña. That staggering figure accounts for 10 per cent of the company's staff.
As Mr. Pérez-Peña reports, "The deepest cut will hit The Miami Herald, one of McClatchy’s largest papers, which told its staff on Monday that it would eliminate 250 jobs, or 17 percent of its work force." read more »
Is the Zell Way Not So Bad?
That's what Richard Perez-Pena asks in this morning's Times, and he hears a mixed response.
A former executive at Gannett, Allen Neuharth, says that Zell is just doing what he has to do. In order to prevent newspapers to go the way of the steel industry in the 1980s, preemptive steps have to be made. read more »
Analysts: Sam Zell's Tribune Company at Risk for Credit Default
According to Richard Pérez-Peña, people who have been awed and amused by Sam Zell's dirty mouth have been "twittering" and "tut-tutting" about more serious matters lately. In today's Times, he writes that Mr. Zell is in danger of falling into credit default. read more »
L.A. Times 'Morning' Round-Up
Rub the sleep out of those eyes: it's the morning-after in L.A.! read more »
An Anti-Gay Marriage Liberal
He notes that George Bundy Smith -- a liberal who is up for possible re-appointment by George Pataki -- went with the Republican-appointed majority in voting against gay marriage.
-- Josh Benson
