RECENTLY

Tips?

Got something to share? Email tips@cityfile.com


RSS
Rss_redDailyfile RSS feed

Email

Click here to have Dailyfile posts delivered to you once a day by email.

DAILYFILE
Tagged: Sumner Redstone

Media Roundup

Vogue Cuts, The NYT Changes Course & The WSJ Wins

• The Condé Nast job cuts have made their way to Anna's domain on the 12th floor of 4 Times Square: Vogue laid off six staffers today. [AllThingsD]
• More bad news for Condé: some advertisers are reportedly "jumping ship" after the recent shake-up at Brides. On the plus side, The New Yorker appears to be hiring, so you can take that as good news if you'd like. [NYP, NYO]
• Remember how the New York Times Co. was planning to sell the Boston Globe? Yea, well, NYT publisher Artie Sulz has changed his mind. [AP, BG]
• Mike Bloomberg totally approves of Bloomberg LP's decision to buy BusinessWeek. Translation: The mayor backs the decisions he, himself, makes even if he contends that he wasn't actually responsible for making them. [NYT]
• Is Bloomberg LP's acquisition of BusinessWeek part of a big, new plan to compete with the Wall Street Journal and Dow Jones? Sure seems like it. [NYT]
• Meanwhile, WSJ staffers gathered today to toast the news that the Journal has surpassed USA Today as the top-selling paper in the U.S. [Politico, E&P]
• CBS News is now "investigating" the David Letterman saga (and his employer CBS!) as part of a future story. That must be a bit awkward, huh? [NYO] More

Media Roundup

Letterman's Ratings, Rather's Suit & The Post Parody

• Barack Obama's appearance on David Letterman's show last night helped the Late Night host score his second-highest ratings ever. [NYT, WP]
Dan Rather scored a couple of victories in his suit against CBS: A motion by the network to dismiss the case was denied by a judge; and Rather's lawyers will be permitted to question Viacom chairman Sumner Redstone. [Reuters]
• Yesterday, activists handing out fake copies of the Post outside its offices were detained by cops. Today, the paper says it was "flattered" by it. [NYP]
• Book deals: Jenny Sanford, the estranged wife of South Carolina Gov. Mark Sanford, is writing "inspirational memoir" for Random House. And Andrew Young, an aide to former Senator John Edwards, has landed a deal with St. Martin's Press' Thomas Dunne Books to publish his tell-all memoir.
• In an effort to keep more viewers tuned in, ABC plans to reduce—yes, reduce—the number of commercials in the premieres of its new shows. [LAT]
• Fox won the opening night of the fall season, a first for the network. [THR]More

Media Roundup

Ben's Big New Deal, Another Rough Quarter For Viacom

• Ben Silverman didn't have much success during his two-year stint at NBC, but that didn't stop him from scoring a super-sweet deal with Barry Diller's IAC. His new venture will reportedly give him $100 million to play with. [NYP]
• Viacom, the media conglomerate controlled by batty billionaire Sumner Redstone, reported that profits plunged 32% in the second quarter. [NYT]
• Struggling McGraw-Hill reports quarterly profits dropped 22.7%. [PC]
• The Daily News and sportswriter Adam Rubin are refuting the claims of Mets management that Rubin tried to get himself a job on the team. [E&P]
Amanda Hearst has landed a job at Hearst's Marie Claire. It's a miracle! [P6] More

Mogulfests

Sun Valley 2009: Biking and a Bit of Dealmaking

142752It's that time of year again, time for the Allen & Co's annual media industry confab in Sun Valley, Idaho. Occasionally described as a "summer camp for billionaires," the Herb Allen-hosted event is expected to atrract more than 250 media chiefs, tech moguls, financiers, Hollywood agents, and politicians, as well as the odd sports star or two. (LeBron James will be putting in an appearance this year.) Mostly, however, it will be populated by the sort of people who make it a point to show up every year, people like Bill Gates, Warren Buffett, Barry Diller, Sumner Redstone, and Rupert Murdoch, all of whom will undoubtedly be photographed over the coming days taking part in one of the many leisure activities arranged for attendees, like rafting, yoga, chess, bridge (a particular fave of Buffett and Gates), and biking (see Diller, left). More

Relationships

Life as a Trophy Wife

142337In the wake of Billy Joel and Katie Lee Joel's big breakup last week, Jo Piazza takes a look at the trophy wife phenomenon for The Daily Beast today. And you know what? It turns out it's a pretty good gig. A "transitory stepping stone into a better life," the job doesn't necessarily have to last all that long; a trophy wife may only be forced to sleep with the creepy old man she's vowed to remain with for the rest of her life for a matter of months, in fact. "The shelf life for the typical trophy wife—the time it takes her to increase her monetary and social standing for the rest of her days—is typically two or three years," which, as Piazza points out, is less time than the time it takes to attend medical school. (And Lord knows training to become a doctor doesn't come with boozy afternoons at charity golf tournaments or trips to the Côte d'Azur.) More

One Year Older

141163

Happy Birthday | Viacom chairman Sumner Redstone turns 86 today. WNBC's Sue Simmons is turning 66. Former Secretary of State Henry Kissinger is 86. ABC News anchor Cynthia McFadden is turning 53. Actor Paul Bettany is 38. TV Chef Jamie Oliver is 34. Fashion designer Behnaz Sarafpour turns 40. The rapper Jadakiss is turning 34. André Benjamin (otherwise known as André 3000) is 35. Actor Richard Schiff (The West Wing) is 54. Lou Gossett Jr. turns 73. And Todd Bridges, your second-favorite adopted child from the '80s sitcom Diff'rent Strokes, turns 44 today.

Media

Pay Cuts, Quarterly Losses & Other Happy News

• The New York Times Co. has reached a "tentative agreement" with its union to impose a 5 percent pay cut on employees through the end of the year. [NYP]
• Disney's ABC is joining Fox and NBC and taking a stake in Hulu. [AdAge]
• As expected, Time Warner said it may spin off AOL. But it may end up selling it, too. Either way, Gerald Levin, Dick Parsons and Steve Case will still be responsible for the worst merger in American corporate history. [NYT]
• Viacom reported that first quarter profit dropped 34 percent amid falling revenue at both its film and TV networks businesses. [AP]
• Related: Viacom boss Sumner Redstone is as senile as ever. At the Milken conference in Beverly Hills, he said he wouldn't comment on his competitors before lashing out at Ted Turner, Rupert Murdoch, and Jay Leno. [THR] More

Gossip

Love Is In the Air

138009• Bruce Willis tied the knot with Victoria's Secret model Emma Heming this weekend at his home in Turks & Caicos. He's 54; she's 30. Guests at the wedding included his daughters, Madonna, and Demi Moore and Ashton Kutcher. [NYP, LAT]
• Natasha Bedingfield got married on Saturday, too, to a California businessman in Malibu. [People]
• 64-year-old tech billionaire Jim Clark married his 28-year-old girlfriend this weekend with a four-day event on Richard Branson's Necker Island. Guests included Naomi Watts, Liev Schreiber and Ed Norton. [NYP]
Harrison Ford and Calista Flockhart finally got engaged. [People]
• Alas, it's not all happy news: Agyness Deyn and Albert Hammond Jr. have reportedly broken up. [NYM]More

Snake Oil

Açaí Fruit's PR Bubble is Bursting

137529Açaí berries: From the sexy diacritical marks and uncertain pronunciation to the Amazonian rainforest provenance to the claims that açaí will make you skinny, beautiful, healthy, and basically immortal, it's hard to believe that the shiny purple fruit wasn't actually dreamt up by a major corporation's PR team in order to exploit our gullibility as consumers. More than $106 million was spent on açaí last year, Nicholas Perricone sells an açaí supplement, Mehmet Oz endorses açaí, and Oprah, Sumner Redstone, and Rachael Ray have all been reported to be fans at one time or another. Is it any surprise to learn that there's scarcely any scientific evidence for the multitudinous benefits that have been touted?  More

Media

Box Office Gets a Boost, Redstone Catches a Break

• The recession hasn't been all that bad as far as Hollywood is concerned: Ticket sales this year are up 17.5% and attendance is up 16%. [NYT
• Viacom and CBS chieftain Sumner Redstone will have until the end of next year to sell off assets in order to repay his enormous pile of debt. [WSJ]
• Hearst is looking to charge readers for online access to its newspapers. [WSJ]
• Univision has laid off 300 people, or 6 percent of its workforce. [AP]
• Hachette is planning to reorganize its collection of women's titles. [WSJ]
• The recession has forced food mags to focus on cheap dining options. [NYT]
• Sarah Silverman's Comedy Central show hasn't been renewed yet and now the show's executive producers have threatened to quit the network. [THR]
Madea Goes to Jail was No. 1 at the box office again this weekend. [NYDN]
• Another Bernie Madoff-related book is in the works. [NYP]

Gossip

Rihanna & Chris Reunite, Katie's Detox Diet

136881• It seems Rihanna and Chris Brown have reunited: The two have been holed up at Diddy's Star Island mansion since late last week and are now "focusing on a reconciliation." Not surprisingly, fans have been a little bit dismayed by the news. [NYDN, People, Reuters]
• Why didn't Katie Holmes walk the red carpet at the Oscars? She's on an "intense detox diet" that has left her "lethargic," poor thing. [NYDN]
• Sumner Redstone is reportedly dating a former flight attendant who is six decades his junior. [R&M]More

Gossip

Lizzie's New Baby, Tom's New Image

134827Lizzie Grubman gave birth to another son yesterday. Little Jack arrived ahead of schedule, though, which must be wreaking havoc on Lizzie's weekend plans. [P6]
• Larry King lost "more than $1 million" to Bernie Madoff. And some sources say Madoff is now contending with some "serious" health issues. [P6]
• Tom Cruise is undergoing an image makeover so he can win back female fans. This will reportedly prohibit him from wearing sunglasses on the red carpet, getting grabby with Katie Holmes, or lecturing TV hosts on psychiatric medications. [Star]More

Media

Inauguration Coverage, Big Loss at Time Warner

Not surprisingly, nearly every major network is planning "longer and more exhaustive" coverage of the inauguration compared to years past. [NYT]
Ugly day at Time Warner: The company is reporting its annual first loss in six years and is writing down $25 billion in the fourth quarter. [BN]
Is Dick Parsons in line to become Commerce Secretary? [B&C]
• Forbes laid off 19 people yesterday. [ATD]
• People's Jess Cagle is taking over as managing editor of EW. [NYP]
Michael Hirschorn thinks it's possible the New York Times will go bust in the next year; the Observer says Times boss Arthur Sulzberger Jr. is the "media mensch of the year." Go figure! [Atlantic, NYO]
Lloyd Grove's 4,100-word article on Sumner Redstone is online. [Portfolio]
If a cable news doctor can be Surgeon General, we probably shouldn't be surprised to see that Joe the Plumber is now a war correspondent. [NYP]

Gossip

More Divorce Rumors, More Cook-Brinkley Nonsense

133867Sarah Jessica Parker and Matthew Broderick may seem really happy and content with life, but it's just a carefully-constructed façade that is now crumbling to pieces because Broderick can't stop himself from cheating. Or at least that's what the Star is claiming after it caught sight of SJP socializing with a real estate broker, something you wouldn't even think of doing unless you were planning to leave your husband and move out on your own, right? [Star]
Peter Cook has filed charges against Christie Brinkley for refusing to hand over son Jack's passport so the two can go on a school trip to Egypt. [P6, OK!]
• Disgraced Lehman CEO Dick Fuld and his wife Kathy needed help using JetBlue's check-in kiosk in Palm Beach, poor things. [P6]
• Paris Hilton says she's not a slut because she's only had sex with "a couple of men," which, by that standard, means you're still a virgin. [The Sun]More

Media

Sumner's Slump, The Music Industry's New Tact

• Tough times for Sumner Redstone: His debt issues haven't been resolved, he's feuding with his daughter, and he's a lot poorer, too. Once worth $8 billion, "today it is questionable as to whether he is worth even $1 billion." [NYT]
• It's about five years too late, but the music industry has finally decided to stop wasting its time suing people who download music illegally. [WSJ]
• A few predictions of what's in store for the movie biz in 2009. [THR]
• Fox Business is mocking CNBC again; this time it's via a TV ad. [HP]
• Further evidence that Malcolm Gladwell has reached his tipping point. [BG]
• Mark Felt, the man better known as Deep Throat, is dead at 95. [WaPo]