Peter Bart: After Chronicling The Celebs He Ridiculed In Spy, Will Exiting Vanity Fair Editor Graydon Carter Become One?
Having established himself as a man for all media, Graydon Carter generated a stir on both coasts this week in stepping down from Vanity Fair. His position as editor in chief of the venerable magazine helped him levitate additional careers as a producer in film and on Broadway, as a successful restaurateur and as arbiter of media power. All this carries a certain irony: As the co-founder of Spy magazine, Carter had ridiculed celebrity ringmasters, social climbers, wannabe… Read
Ryan Doherty, VP Of Lit At Sony, Moves To Celadon Books
Ryan Doherty, who had been VP of literary development at Sony Pictures and worked on a number of high-profile books to film/TV, is leaving to join Celadon Books, Macmillan’s new trade book division on Sept. 12. Sony has plans to restaff.
During his stint at Sony, Doherty was a key executive on a wide range of books to screen projects, among them The New York Times bestselling sci-fi thriller Dark Matter by Blake Crouch, The New York Times bestseller The Nightingale by… Read
Laurene Powell Jobs’ Emerson Collective Agrees To Buy Atlantic Media
The Atlantic will soon have a new owner — the Emerson Collective, an organization founded by philanthropist and investor Laurene Powell Jobs, widow of Apple’s Steve Jobs.
Emerson agreed to buy a majority stake in Atlantic Media from its Chairman David Bradley. They did not disclose the price paid for the organization’s flagship magazine, digital properties (including National Journal, Quartz, The Hotline, and Government Executive), live events business, and consulting… Read
Barnes & Noble Shares Jump As Activist Shareholder Calls For Sale
Updated with company statement: Barnes & Noble shares leaped about 12% this morning after hedge fund Sandell Asset Management Corp urged the book retailer to sell itself following “strategic missteps and many troubling related-party transactions.”
B&N shares lost nearly 40% of their value over the last 12 months as the retail chain struggled to compete with Amazon. It currently has a market value of about $565 million.
In a letter to the B&N board, Sandell Assett… Read
Norman Pearlstine Retires From Time Inc To Advise Media Companies And Write
It’s the end of an era at Time Inc with the announcement today that vice chairman Norman Pearlstine — one of the most prominent editors in business journalism — will retire from the company July 17.
He’ll advise early-stage domestic and international media firms, including Money.net, and plans to continue writing about geopolitics, government and the media.
Pearlstine, 74, became Time Inc’s editor-in-chief in 1995 after a 23-year stint at The Wall Street Journal, where he… Read
Publisher Little, Brown & The Gotham Group Pact To Develop Film, TV Projects
EXCLUSIVE: We all grew up reading the books. Now Little, Brown Books For Young Readers — a leading publisher of children’s books — is pacting with The Gotham Group to develop original IP properties for film and TV. The partnership will actually launch next spring with the paperback publication of the YA thriller Phantom Wheel from NY Times bestselling author Tracy Deebs (Ruined, Addicted, Exposed).
Ellen Goldsmith-Vein, founder and CEO of The Gotham Group and Gotham’s… Read
Leah Remini Is The Thorn In Scientology’s Side — Deadline Disruptors
Long before she became famous teaming with Kevin James and Jerry Stiller on The King of Queens, Leah Remini was a teenager from Brooklyn who followed her mother into Scientology. After finally leaving the organization in 2013 and publishing a controversial memoir, Troublemaker, two years later, she has become a true thorn in the side of the controversial religion through the A&E documentary series Leah Remini: Scientology and the Aftermath.
Armed with her wit and a… Read
With The Story Factory, Shane Salerno Is “Revolutionizing The Way Authors Can Be Represented” — Deadline Disruptors
Shane Salerno was an established screenwriter and documentary filmmaker when a conversation with novelist Don Winslow several years ago first spawned a now-substantial business, brokering book and movie deals for authors.
"Don and I had been friends for years," Salerno says, "and one day he told me, 'I've had it, I'm tired of writing these books that get all this acclaim, and no sales, no marketing, no promotion, no support from my publisher. So, I quit.' I said, 'Really… Read
New York Times Shares Spike After It Reports Q1 Boost In Digital Subs
Wall Street’s expectations game worked in favor of the New York Times Co. today: Shares are up 12.6% in afternoon trading after the publisher surprised investors with a Q1 report that exceeded their top- and bottom-line forecasts, helped by a so-called “Trump bump” pickup in digital-only subscriptions.
The Times had 1.9 million subscribers for what it calls its “digital-only news product” — as opposed to the “digital crossword product” — which is up 65% versus the period… Read
A Wednesday Earnings Call Should Tell Whether “Trump Bump” Is Still Helping The New York Times
Tomorrow should tell whether the New York Times can turn its "Trump bump"—that post-election jump in paid digital subscribers, up 296,000 to about 1.85 million at year's end—into something like a business model. The Times company is set to announce first-quarter earnings Wednesday morning, with an investor call set for 11 AM ET/8 AM PT. Anyone curious about the future of paid news delivery should be interested.
In reporting fourth-quarter earnings, Times managers… Read
Time Inc. Shares Plummet After It Says It Will Remain Independent
Shares in Time Inc. are down more than 19% in pre-market trading after the publishing company said that it “will continue to pursue its strategic plan” rather than accept a sale offer.
Meredith Corp. and a consortium led by Edgar Bronfman Jr. had circled the company.
But Time’s board says today that after evaluating “a number of expressions of interest with the assistance of external advisors” it will continue its effort to build titles including Time, Fortune, People, Spo… Read
Gretchen Carlson To Publish ‘Be Fierce’, Book About Workplace Sexual Harassment
Former Fox News Channel host Gretchen Carlson is penning Be Fierce: Stop Harassment And Take Your Power Back, a book about sexual harassment in the workplace and empowering women to reclaim their power against injustice and abuse. The book will be published by Center Street Books, an imprint of Hachette Book Group.
Carlson filed a sexual harassment lawsuit against then Fox News chief Roger Ailes last July, setting off a chain of events that led to his exit. Since speaking… Read