Conde Nast closes Portfolio – The publisher of Vogue, Vanity Fair and The New Yorker shut down its glossy business monthly just two years after launch. According to news reports, Conde Naste had planned to spend $100 million over 5 years on the title, which was ultimately done in by declining ad sales. The mag’s Portfolio.com […]
Tina Brown launches The Daily Beast
Tina Brown says she picked The Daily Beast as the name of her just launched news aggregator Website because it was the name of the newspaper in her all-time favorite novel, a Fleet Street satire called Scoop, by Evelyn Waugh. But there’s another reason too. As any reporter who’s worked on daily deadlines knows, the […]