P.P.S.: You think Barry Diller can afford to pay Howie Kurtz’s salary and Andrew Sullivan’s salary and Megan McArdle’s salary and Peter Boyer’s salary on the revenues from a website? I don’t. The market is about to be flooded with high-priced talent jumping ship, or being pushed. …Yes, it appears this Boyer person is already history. On the other hand, they wouldn't have stopped print-Newsweek if it were making money, would they? So if they've stopped the bleeding, maybe there'll be more or sufficient money to pay the remaining "high-priced talent."
Looks like Kaus may only be mostly wrong, not actually correct. We'd hate to see McArdle replace him at Tucker's repository of high-priced talent. She might not work as cheaply as he does.
"The schaden freudes itself."
ReplyDelete~
It is a crazy story, but hardly surprising. The hire of Tina Brown was proof enough that Newsweek was in trouble. But the last 6 months of the rag were even worse than I thought. More on exactly this in a more catty style:
ReplyDeleteNewsweek's Dead; Long Live the Beast!
"Talent?" Snerk!
ReplyDeleteHey, congrats, MB you got linked at C & L!
More Eyeballs* Editor:
ReplyDeleteOur man Tengrain comes through again!
*Yet, no added revenue. Ah well.