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	<title>AllThingsD &#187; Vanity Fair</title>
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		<title>"Bromance Gone Awry" and Other Instagram Tidbits on Bloomberg West (Video)</title>
		<link>http://allthingsd.com/20130508/bromance-gone-awry-and-other-instagram-tidbits-on-bloomberg-west-video/</link>
		<comments>http://allthingsd.com/20130508/bromance-gone-awry-and-other-instagram-tidbits-on-bloomberg-west-video/#comments</comments>
		<pubDate>Wed, 08 May 2013 18:55:51 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<category><![CDATA[bromance]]></category>
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		<category><![CDATA[Emily Chang]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=319567</guid>
		<description><![CDATA[I don't love you, man. Sigh.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/05/Untitled-copy.jpg"><img src="http://allthingsd.com/files/2013/05/Untitled-copy.jpg" alt="Untitled copy" width="512" height="599" class="alignright size-full wp-image-319588" /></a></p>
<p>Earlier this week, I appeared on Bloomberg West with the ever-delightful Emily Chang to talk about my recent article in Vanity Fair magazine about the rise of Instagram and its sale to Facebook, titled &#8220;The Money Shot.&#8221;</p>
<p>You can read the <a href="http://allthingsd.com/20130505/the-money-shot-kara-swisher-on-instagrams-billion-dollar-ride-in-vanity-fair/">full piece here</a> or <a href="http://www.vanityfair.com/business/2013/06/kara-swisher-instagram">here</a>, but this turned out to be a long &#8212; 10 minutes &#8212; interview that has a lot more detail (if you are interested, of course). </p>
<p>Among other things, Chang asked me more about the fractured relationship between the mobile photo-sharing app&#8217;s co-founder and CEO Kevin Systrom and one of his key mentors, Twitter inventor Jack Dorsey, in the wake of the billion-dollar sale to Facebook (and not Twitter), which I called a &#8220;bromance gone awry.&#8221;</p>
<p>Indeed, Dorsey&#8217;s quote on the end of their relationship over Instagram&#8217;s choice was pretty sad:</p>
<p>&#8220;I found out about the deal when I got to work and one of my employees told me about it, after reading it online I got a notice later that day since I was an investor,&#8221; said Dorsey. &#8220;So I was heartbroken, since I did not hear from Kevin at all. We exchanged e-mails once or twice, and I have seen him at parties. But we have not really talked at all since then, and that&#8217;s sad.&#8221;</p>
<p>As I also wrote, &#8220;Dorsey&#8217;s last Instagram shot perhaps said the proverbial thousand words about it all: A picture of an empty Muni bus&#8221; (which is seen above).</p>
<p>You can&#8217;t always get what you want, but here&#8217;s the Bloomberg West interview, anyway:</p>
<p><script src="http://player.ooyala.com/player.js?embedCode=ZkNW9mYjqVsBNiBkHR4UHhM6VZ99p-Zd&#038;playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&#038;width=640&#038;deepLinkEmbedCode=ZkNW9mYjqVsBNiBkHR4UHhM6VZ99p-Zd&#038;height=360&#038;thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></p>
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		<title>The Money Shot: Kara Swisher on Instagram's Billion-Dollar Ride in Vanity Fair</title>
		<link>http://allthingsd.com/20130505/the-money-shot-kara-swisher-on-instagrams-billion-dollar-ride-in-vanity-fair/</link>
		<comments>http://allthingsd.com/20130505/the-money-shot-kara-swisher-on-instagrams-billion-dollar-ride-in-vanity-fair/#comments</comments>
		<pubDate>Mon, 06 May 2013 04:04:25 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=318433</guid>
		<description><![CDATA[There's no picture of the moment when everything changed for Kevin Systrom.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/05/kara-swisher-instagram.i.0.instagram-kevin-systrom.jpg"><img src="http://allthingsd.com/files/2013/05/kara-swisher-instagram.i.0.instagram-kevin-systrom.jpg" alt="kara-swisher-instagram.i.0.instagram-kevin-systrom" width="640" height="460" class="aligncenter size-full wp-image-318614" /></a></p>
<p>There&#8217;s no picture of the moment when everything changed for Kevin Systrom. But if there were, it would look something like this: A lanky, very tall, dark-haired man in his late 20s sits on a bench at the Caltrain commuter station in Palo Alto, Calif. A sepia tone and weathered patina might underscore the mood of weighty contemplation.</p>
<p>It was early April of last year, and Systrom was waiting for his business partner, Mike Krieger, to arrive from San Francisco. Systrom had just left Mark Zuckerberg&#8217;s nearby house and was still digesting the offer that the Facebook founder and CEO had made him: To buy Instagram, the photo-sharing app that Systrom and Krieger had launched just 18 months before. The price Zuckerberg offered was $1 billion &#8212; $300 million in cash and the rest in Facebook stock, an especially generous-seeming deal on the eve of his company&#8217;s much-anticipated initial public offering.</p>
<p>The offer was even more impressive given Instagram&#8217;s size and age. At the time, it had just 13 employees, operating out of a cramped space in the South Park section of San Francisco. Still, the small crew had managed to attract 30 million Apple iPhone users in just a year and a half by offering a service that allowed a person to quickly upload, prettify through the use of filters and publish images to the Web for friends to see. A version for Google&#8217;s Android mobile operating system had launched the week before, attracting another million users in a single day.</p>
<p>What&#8217;s more, although the app generated no revenue, it had attracted so much attention from venture capitalists that the startup had nearly closed an impressive new round of funding at a wildly high valuation of $500 million. Zuckerberg had just doubled that, leaving Systrom with a lot to think about on that train-station bench. </p>
<p><em>Click.</em> If there ever was a money shot to take for Instagram and Systrom, that was it.</p>
<p>(Photo by Jonas Fredwall Karlsson, used with permission by Vanity Fair)</p>
<p><a href="http://www.vanityfair.com/business/2013/06/kara-swisher-instagram">Read the rest of this post on the original site »</a></p>
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		<title>Everybody's a Curator: Flipboard's Mike McCue Talks About New Version of Social Magazine (Video)</title>
		<link>http://allthingsd.com/20130326/everybodys-a-curator-flipboards-mike-mccue-talks-about-new-version-of-social-magazine-video/</link>
		<comments>http://allthingsd.com/20130326/everybodys-a-curator-flipboards-mike-mccue-talks-about-new-version-of-social-magazine-video/#comments</comments>
		<pubDate>Wed, 27 Mar 2013 01:01:36 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<category><![CDATA[Pop-Tart]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=306686</guid>
		<description><![CDATA[I made a magazine about Pop-Tarts. Anyone have a problem with that?]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/03/FlipboardCover-copy.jpg"><img src="http://allthingsd.com/files/2013/03/FlipboardCover-copy-217x285.jpg" alt="FlipboardCover copy" width="217" height="285" class="alignright size-medium wp-image-306931" /></a></p>
<p>There&#8217;s no doubt that the highly-valued Flipboard has been at the forefront of social publishing. </p>
<p>With its popular app for the Apple iPhone and iPads, the Silicon Valley startup now has 50 million readers, who use it to elegantly consume content from Facebook, Twitter and a myriad of sources from all over the Web. </p>
<p>Now, in its new second version, the company is moving from a show-me paradigm to a make-something one, allowing users to &#8220;create magazines,&#8221; according to Flipboard.</p>
<p>In fact, that&#8217;s a bit of a broad definition of create &#8212; Flipboard 2.0 is more about allowing regular people or professional publishers to curate any kind of magazine in any niche.</p>
<p>For example, in testing the app, I made a magazine about Pop-Tarts. (Does anyone have a problem with that?)</p>
<p>Using a new &#8220;plus&#8221; button and a pretty easy interface, it is meant to take self-expression to new levels using video, images, text and even music. To help grow audiences for these quasi-creators, as well as find stuff to use, Flipboard has also launched a new content search feature.</p>
<p>There should be some fun stuff created to keep users flipping on the service, but it&#8217;s clear the offering is also a lot about finding more revenue for the startup. Using specialized magazines, for example, publishers can instantly create one-offs of previously published content &#8212; from Vanity Fair&#8217;s &#8220;Royal Weddings&#8221; to Martha Stewart Living&#8217;s &#8220;Home How-Tos&#8221; &#8212; and presumably sell advertising against it. </p>
<p>Flipboard has also partnered with crafts retailer Etsy to make what is essentially a prettified catalog, complete with an integrated shopping cart, for which there are all kinds of lead fees. </p>
<p>Since it has remained independent so far despite some big acquisition interest, figuring out a solid business plan is important, especially since Flipboard <a href="http://allthingsd.com/20110414/exclusive-flipboard-confirms-50-million-funding-at-200-million-valuation/">did a massive $50 million fundraising round that valued it at $200 million</a> two years ago.</p>
<p>Its investors include Insight Venture Partners, Comcast Ventures, Kleiner Perkins Caufield &#038; Byers, Index Ventures and a spate of well known angels, such as Jack Dorsey of Twitter and Square, Facebook co-founder and Asana co-founder Dustin Moskovitz, investor Ron Conway, actor Ashton Kutcher and the investment company run by former News Corp. exec Peter Chernin.</p>
<p>There are a lot of other new features in the latest Flipboard, but you can read <a href="http://allthingsd.com/20130326/new-flipboard-news-and-posts-handpicked-and-shared/">Walt Mossberg&#8217;s review of it here</a>, as well as watch my video interview below of Flipboard CEO and co-founder Mike McCue about it all, as well as its business outlook:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=4A954AEE-C312-40A8-A4E0-F66594B9B07C&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={4A954AEE-C312-40A8-A4E0-F66594B9B07C}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>And here are some pretty screenshots to give you an idea of the magazine-mania possible:</p>
<p><a href="http://allthingsd.com/files/2013/03/photo-1.png"><img src="http://allthingsd.com/files/2013/03/photo-1-640x853.png" alt="photo 1" width="640" height="853" class="aligncenter size-Hero wp-image-306939" /></a></p>
<p><a href="http://allthingsd.com/files/2013/03/1UIJhvKoGhFMyWXAi2OkBWRBKz7fTjw_bUA4jM7z9ds.jpeg"><img src="http://allthingsd.com/files/2013/03/1UIJhvKoGhFMyWXAi2OkBWRBKz7fTjw_bUA4jM7z9ds-640x768.jpeg" alt="1UIJhvKoGhFMyWXAi2OkBWRBKz7fTjw_bUA4jM7z9ds" width="640" height="768" class="aligncenter size-Hero wp-image-306941" /></a></p>
<p><a href="http://allthingsd.com/files/2013/03/photo-2.png"><img src="http://allthingsd.com/files/2013/03/photo-2-640x853.png" alt="photo 2" width="640" height="853" class="aligncenter size-Hero wp-image-306944" /></a></p>
<p><a href="http://allthingsd.com/files/2013/03/FlipboardCover.jpg"><img src="http://allthingsd.com/files/2013/03/FlipboardCover-366x480.jpg" alt="FlipboardCover" width="366" height="480" class="aligncenter size-large wp-image-306942" /></a></p>
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		<title>Attention SXSW Hipsters: Watch This Video and Get Some Much-Needed Help</title>
		<link>http://allthingsd.com/20130310/attention-sxsw-hipsters-watch-this-video-and-get-some-much-needed-help/</link>
		<comments>http://allthingsd.com/20130310/attention-sxsw-hipsters-watch-this-video-and-get-some-much-needed-help/#comments</comments>
		<pubDate>Sun, 10 Mar 2013 18:49:31 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=302066</guid>
		<description><![CDATA[If you feel like you are caught in an endless indie loop of HBO's "Girls," try this.]]></description>
				<content:encoded><![CDATA[<p><img src="http://allthingsd.com/files/2013/03/hipsterkitteh.jpg" alt="hipsterkitteh" width="380" height="285" class="alignright size-full wp-image-302075" /></p>
<p>I have loved this video since it appeared on YouTube a few weeks ago, and now I have a chance to post it in context, as I recover from Day #1 at the SXSW interactive festival in Austin, Texas.</p>
<p>As I wrote in a <a href="http://www.vanityfair.com/online/daily/2013/03/kara-swisher-sxsw-festival-fist">broader cultural post about the annual event for Vanity Fair</a> this week:</p>
<p>&#8220;No matter how young you are, you&#8217;re too old for SXSW. I already feel about 136 or so getting on the plane headed to Austin from San Francisco. It&#8217;s loaded down with fresh-faced hipsters, all eager to make a splash at the interactive part of the annual festival, with the enthusiasm of out-of-control puppies headed for the park, pulling on their leashes.&#8221;</p>
<p>That&#8217;s a perfect segue into this video, which asks the important question: &#8220;Are you ironic? Do you have a beard? You may be suffering from HIPSTER. Luckily, there&#8217;s a cure.&#8221;</p>
<p>By the way, from the looks of things at SXSW, where I always feel as if I am in some endless indie loop of &#8220;Girls&#8221; on HBO, this really will help:</p>
<p><iframe width="640" height="360" src="http://www.youtube.com/embed/Hhhq90eJNdA" frameborder="0" allowfullscreen></iframe></p>
<p><blockquote class="memo" style="background:#faf5e5;font-style:normal;">
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<li><a href="http://allthingsd.com/20130309/moonshot-earth-bound-investor-milner-talks-about-origins-of-the-universe-at-sxsw/">Moon Shot: Earthbound Investor Milner Talks About Origins of the Universe at SXSW</a></li>
<li><a href="http://allthingsd.com/20130309/people-of-south-by-southwest-please-free-grumpy-cat/">People of South by Southwest — Please, Free Grumpy Cat</a></li>
<li><a href="http://allthingsd.com/20130308/makerbot-unveils-desktop-scanner-prototype-for-amateur-3-d-printing/">MakerBot Unveils Desktop Scanner Prototype for Amateur 3-D Printing</a></li>
<li><a href="http://allthingsd.com/20130308/ready-set-collaboratively-design-a-3d-printed-rocket/">Ready, Set, Collaboratively Design a 3-D Printed Rocket</a></li>
<li><a href="http://allthingsd.com/20130308/this-year-at-sxsw-the-next-killer-app-maybe-isnt/">This Year at SXSW, the Next Killer App … Maybe Isn’t</a></li>
<li><a href="http://allthingsd.com/20130307/artificial-intelligence-modern-blogging-and-more-where-to-find-atd-at-sxsw/">Artificial Intelligence, Al Gore, Modern Blogging and More: Where to Find ATD at SXSW</a></li>
</ul>
</blockquote>
</p>
]]></content:encoded>
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		<title>Moon Shot: Earthbound Investor Milner Talks About Origins of the Universe at SXSW</title>
		<link>http://allthingsd.com/20130309/moonshot-earth-bound-investor-milner-talks-about-origins-of-the-universe-at-sxsw/</link>
		<comments>http://allthingsd.com/20130309/moonshot-earth-bound-investor-milner-talks-about-origins-of-the-universe-at-sxsw/#comments</comments>
		<pubDate>Sat, 09 Mar 2013 17:18:21 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=301943</guid>
		<description><![CDATA[Well-known Russian digital dude thinks the big thoughts.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/03/yuri.jpg"><img src="http://allthingsd.com/files/2013/03/yuri-380x205.jpg" alt="yuri" width="380" height="205" class="alignright size-medium wp-image-301945" /></a></p>
<p>There were, of course, the questions on his famously huge Facebook investment many years ago, and why he&#8217;s put money in Y Combinator to spur startup innovation.</p>
<p>But it&#8217;s clear from his mainstage interview at the SXSW interactive festival in Austin this morning that high-profile Russian investor Yuri Milner of DST Global has been striving to think much bigger thoughts of late.</p>
<p>While he&#8217;s gotten a lot of attention for his big bets in the social networking site, as well as with Twitter, Spotify, Airbnb and many others, he&#8217;s slowed his investing in the U.S. considerably to focus more on what he and many others in Silicon Valley are calling &#8220;moon shot&#8221; ideas.</p>
<p>&#8220;Somehow, we have lost interest in big ideas,&#8221; said Milner, in an onstage interview with Vanity Fair contributing editor Bethany McLean about shifting away from thinking &#8212; which he has funded, in part &#8212; that has gotten more short-term and pragmatic. &#8220;I think we still have a destiny as human beings.&#8221;</p>
<p>That has included starting up his Fundamental Physics Prize, which has now become the priciest academic award, last year. And, more recently &#8212; with Facebook co-founder Mark Zuckerberg, Google co-founder Sergey Brin, and Genentech mogul and Apple Chairman Art Levinson, among others &#8212; the launch of the Breakthrough Prize in Life Sciences Foundation.</p>
<p>As Mike Isaac <a href="http://allthingsd.com/20130220/zuckerberg-milner-brin-and-other-tech-titans-donate-millions-to-science/">wrote when that initiative was announced</a> less than a month ago:</p>
<p>&#8220;The first round of prize recipients includes 11 scientists from a range of research disciplines, including studies in genetics, cancer research and neural behavior. Each of the 11 prize winners will receive a $3 million award for their work, and Brin, Zuckerberg, Milner and the rest of the sponsors have agreed to a five-year commitment to awarding prizes.&#8221;</p>
<p>Milner, who was a physicist in his early career, said onstage that he has been disheartened to see that not enough younger people choose to go into fundamental science anymore. Thus he is aming to make it more attractive via his prizes.</p>
<p>&#8220;We don&#8217;t have enough heroes who are admired by a large portion of the population due to their scientific achievements,&#8221; he said, noting that it will require rewarding individuals in a &#8220;disproportionate manner.&#8221;</p>
<p>Still, in the Q&#038;A session, the crowd in the Austin Convention Center wanted to know mostly about more earthbound questions, such as what tech company would last 100 years, as IBM has.</p>
<p>According to Milner: Google, Facebook and Wikipedia, due to network effects.</p>
<p>Another attendee wanted to know what he thought it takes to be an entrepreneur these days.</p>
<p>&#8220;It&#8217;s almost a heroic effort, and kind of goes against set ways of doing things,&#8221; answered Milner.</p>
<p>Then someone wanted to know how the political arena could be similarly transformed.</p>
<p>&#8220;<em>That</em>, I don&#8217;t know,&#8221; said Milner.</p>
<p>Moon shot, indeed.</p>
<p><blockquote class="memo" style="background:#faf5e5;font-style:normal;">
<h4 class="subhed">RELATED POSTS:</h4>
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<li><a href="http://allthingsd.com/20130307/artificial-intelligence-modern-blogging-and-more-where-to-find-atd-at-sxsw/">Artificial Intelligence, Al Gore, Modern Blogging and More: Where to Find ATD at SXSW</a></li>
</ul>
</blockquote>
</p>
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		<title>VF's "New Establishment" List: Apple's Cook and Ive Knock Facebook's Zuckerberg Off No. 1, While Yahoo's Mayer Debuts at No. 7</title>
		<link>http://allthingsd.com/20120906/vfs-new-establishment-list-apples-cook-and-ive-knock-facebooks-zuckerberg-off-no-1-while-yahoos-mayer-debuts-at-no-7/</link>
		<comments>http://allthingsd.com/20120906/vfs-new-establishment-list-apples-cook-and-ive-knock-facebooks-zuckerberg-off-no-1-while-yahoos-mayer-debuts-at-no-7/#comments</comments>
		<pubDate>Thu, 06 Sep 2012 11:03:35 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=248138</guid>
		<description><![CDATA[Also Bezos, Dorsey and the Google twins!]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120906/vfs-new-establishment-list-apples-cook-and-ive-knock-facebooks-zuckerberg-off-no-1-while-yahoos-mayer-debuts-at-no-7/2012-2/" rel="attachment wp-att-248148"><img src="http://allthingsd.com/files/2012/09/2012-325x285.png" alt="" title="2012" width="325" height="285" class="alignright size-medium wp-image-248148" /></a></p>
<p>Vanity Fair magazine published its annual <a href="http://www.vanityfair.com/business/new-establishment/2012">&#8220;The New Establishment&#8221;</a> list, out now in its October issue, and Silicon Valley disruptors dominate again over media mavens.</p>
<p>In fact, the top 10 selections of the 50 overall are all from tech, with Apple CEO Tim Cook and head product design guru Jonathan Ive in the No. 1 slot, up from No. 4 last year.</p>
<p>In 2011, that first slot was held by Facebook CEO and co-founder Mark Zuckerberg, who this year was moved to No. 4, which is certainly not as bad a drop as the stock of his social networking site of late. </p>
<p>In the other slots: No. 2 is Google&#8217;s twin search engine founders, Sergey Brin and CEO Larry Page; No. 3 is Amazon founder and CEO Jeff Bezos; No. 5 is Twitter and Square impresario Jack Dorsey; No. 6 is venture capital&#8217;s Batman and Robin, Marc Andreessen and Ben Horowitz; No. 7, on the list for the first time, is former Googler and new Yahoo CEO Marissa Mayer; No. 8 is Pinterest co-founder and CEO Ben Silbermann, also new; No. 9 is SpaceX and Tesla Motors kingpin Elon Musk; and No. 10 are LinkedIn&#8217;s dynamic duo, Chairman Reid Hoffman and CEO Jeff Weiner. </p>
<p>Singer extraordinaire Adele clocks in at No. 11, the first media appearance on the list.</p>
<p>The rest of the list is chock full of the usual tech suspects, including my <strong>All Things Digital</strong> partner Walt Mossberg and me at No. 34. (There is also a very nice portrait photo of me with a group of much more accomplished tech women, photographed at Buck&#8217;s in Woodside &#8212; in which I appear to be oddly staring at something besides the camera lens, while all the rest behave.)</p>
<p>You can <a href="http://www.vanityfair.com/business/new-establishment/2012">peruse the whole list here</a>.</p>
<p>(Full disclosure: Readers who look closely at the list will notice that <strong>ATD</strong> senior editor Peter Kafka is listed as a contributor, as he was last year. This is true! Also true: Peter wrote biographical entries for several people on the list, and had some input on its composition, although not about us. In addition, I have been asked to write some freelance articles for Vanity Fair going forward, but have not started as yet.)</p>
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		<title>Liveblogging Yahoo's Q2 Earnings: The 100 Percent Less Marissa Edition (Sigh)</title>
		<link>http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/</link>
		<comments>http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/#comments</comments>
		<pubDate>Tue, 17 Jul 2012 21:03:49 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=231106</guid>
		<description><![CDATA[Here's the only news: No new CEO on the call.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/marissa-mayer/" rel="attachment wp-att-231114"><img src="http://allthingsd.com/files/2012/07/Marissa-Mayer-355x285.jpeg" alt="" title="Marissa Mayer" width="355" height="285" class="alignright size-medium wp-image-231114" /></a></p>
<p>Today, Yahoo <a href="http://allthingsd.com/20120717/yahoo-earnings-not-half-bad/">reported fair to middling &#8212; although still predictably unspectacular &#8212; second-quarter earnings</a> earlier today.</p>
<p>Now it&#8217;s time for its financial call with Wall Street analysts, which most notably will not include its spanking new CEO Marissa Mayer.</p>
<p>Giant, prolonged sigh, but not entirely unexpected, since she just got to the Silicon Valley Internet giant today. Of course, that did not stop former CEO Carol Bartz from hopping on right after she was hired and cussing up a storm.</p>
<p>That did not end so well for Bartz, so perhaps Mayer has already made one good decision. Minimize, minimize, minimize expectations!</p>
<p>Here we go:</p>
<p><strong>2:04 pm</strong>: The call starts off with the tireless CFO Tim Morse, telling people that he was very excited about the new CEO, but that he could not talk about it much.</p>
<p>Bummer!</p>
<p>But there was a message from Marissa Mayer, though: She cares about investors and you will be hearing from her soon!</p>
<p><strong>2:06 pm</strong>: Morse, the numbers guy goes right into the script reciting the <em>meh</em> numbers, which boil down to the fact that earnings were better than expected on lackluster revenue growth.</p>
<p>Getting that up will be Job #1 for the missing Mayer &#8212; you just know she is sitting at the table right now &#8212; who will have to pull some major rabbits out of the hat to get Yahoo back into the conversation.</p>
<p><a href="http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/tl-ab_my_job_is_a_goat_rodeo_shirt/" rel="attachment wp-att-231293"><img src="http://allthingsd.com/files/2012/07/tl-ab_my_job_is_a_goat_rodeo_shirt-285x285.jpeg" alt="" title="tl-ab_my_job_is_a_goat_rodeo_shirt" width="285" height="285" class="alignleft size-medium wp-image-231293" /></a></p>
<p>That would be the good conversation &#8212; about how it is innovative &#8212; and not about the bad conversation about what a management goat rodeo it has been for far too long.</p>
<p><strong>2:09 pm</strong>: Morse is still repeating what you could read in the press release.</p>
<p>But ho! Morse notes that the problems with Microsoft and its search partnership still has not gotten better and thank goodness for that guarantee. This one&#8217;s on the software giant, but it is still not good.</p>
<p><strong>2:13 pm</strong>: Morse notes there will be no guidance until Mayer gets up to speed on the situation at Yahoo.</p>
<p>Let me give you the Cliff Notes version, Marissa: Revenue growth flat. Employee morale weak. Product innovation non-existent. Mobile &#8212; don&#8217;t make me cry. But you do have a video deal with Tom Hanks called &#8220;Electric City&#8221; that is launching today!</p>
<p><em>Yay!</em> Except you are now not a media company now that former interim CEO Ross Levinsohn has gotten jacked. </p>
<p>But the Olympics are coming, as are the U.S. elections, so you might want to hold onto that media excellence at Yahoo for a little while longer.</p>
<p><strong>2:17 pm</strong>: Morse finishes up the non-news script and we move into the Q&#038;A. </p>
<p>He warns: No Marissa queries!</p>
<p>The Wall Street analysts behave on cue &#8212; they never fail me on not asking the tough questions &#8212; and ask about the weakness in advertising pricing rates. </p>
<p>Morse talks about weakness in Europe, but gives a non-answer.</p>
<p><a href="http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/qanda-300x212/" rel="attachment wp-att-231296"><img src="http://allthingsd.com/files/2012/07/QandA-300x212.jpeg" alt="" title="QandA-300x212" width="300" height="212" class="alignright size-full wp-image-231296" /></a></p>
<p><strong>2:18 pm</strong>: Next a question about the stock buyback that Yahoo announced to get its shares back up to speed, using money from its partial sale of its Alibaba assets. </p>
<p>It&#8217;s not working yet, given the stock has remained flat since forever.</p>
<p>A question on the advertising softness and comments on revenue per search. Good one!</p>
<p>Headwinds from broadband advertising! &#8220;We&#8217;ll have to live through it,&#8221; says Morse, which means when crappy comparisons will return to make the revenue fall-off seem less worse.</p>
<p>Onto declining engagement and declining search revenue. And a good query about what to do about Microsoft? </p>
<p>Perhaps another partner, like Google, to replace it? Actually, until Mayer was appointed yesterday, Yahoo execs were in talks with the search giant about various partnerships. </p>
<p>That&#8217;s presumably on hold for now, but we&#8217;ll see.</p>
<p>Yahoo has about nine months until the Microsoft guarantee falls off the cliff and Morse notes there is an out. </p>
<p>Tasty!</p>
<p><strong>2:25 pm</strong>: I&#8217;ll be honest &#8212; I am getting hugely bored hearing non-news about yet another unremarkable performance from Yahoo.</p>
<p>I needs me some Mayer ASAP &#8212; since she is, without a doubt, a fantastic character for Yahoo&#8217;s next chapter. As has been reported, it&#8217;s correct that she is not talking to me so far, but I am sure there will be plenty of material for me to work with going forward. </p>
<p>The next question is on mobile, which is a &#8220;big priority&#8221; for Yahoo, says Morse. Actually, it has hardly be a priority at all, despite the fact that the kids seem to love their smartphones.</p>
<p>Another Alibaba question, which is in all the filings. Let me break it down: Yahoo owns less, but it&#8217;s still a good investment for the future.</p>
<p><a href="http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/wf-sophia-loren-1/" rel="attachment wp-att-231298"><img src="http://allthingsd.com/files/2012/07/WF-sophia-loren-1.jpeg" alt="" title="WF-sophia-loren-1" width="374" height="282" class="alignleft size-full wp-image-231298" /></a></p>
<p><strong>2:33 pm</strong>: Did I tell you I am bored. I am at the offices of Vanity Fair magazine blogging this and I am now reading a very good book they have on the shelf here titled &#8220;Vanity Fair&#8217;s Hollywood.&#8221; Does Sophia Loren ever take a bad photo? No, she does <em>not</em>! </p>
<p>Back to Yahoo! A question if Mayer will be talking before the next earnings call.</p>
<p>&#8220;I honestly just don&#8217;t know,&#8221; says Morse. But she is &#8220;mindful&#8221; of how much investors want to get a good gander at her.</p>
<p>A question on Yahoo Japan, another endless asset sale that the company has not yet completed. &#8220;There really is no update,&#8221; says Morse, blaming a valuation gap. </p>
<p>What a shock!</p>
<p>Morse is being very polite today and I like it. He&#8217;s been through the wringer at Yahoo since he got there, including a short stint as a temporary CEO. </p>
<p>I hope you have been taking notes, Tim!</p>
<p><strong>2:39 pm</strong>: A question on Facebook and, thankfully, on the choice of Mayer. I love when someone asks a question they have been asked not to ask.</p>
<p>&#8220;I don&#8217;t have a whole lot of color,&#8221; says Morse, noting her &#8220;resume speaks for itself.&#8221; It is apparently safe to say, adds Morse, that Yahoo has to be good at both tech and content.</p>
<p>You&#8217;re kidding! I had no idea! Thanks, polite Tim!</p>
<p>He also said Yahoo feels good about being on a steady footing with Facebook. Last call, the comments were about how much Yahoo was going to get Facebook to pay. </p>
<p><a href="http://allthingsd.com/20120717/liveblogging-yahoo-q2-earnings-the-100-percent-less-marissa-edition/proustquestion1-246x300/" rel="attachment wp-att-231301"><img src="http://allthingsd.com/files/2012/07/ProustQuestion1-246x300-233x285.jpeg" alt="" title="ProustQuestion1-246x300" width="233" height="285" class="alignright size-medium wp-image-231301" /></a></p>
<p>Bygones!</p>
<p>I am back to the shelf at Vanity Fair, which is as delightfully entertaining as this call is not. Now, I am perusing the book, &#8220;Vanity Fair&#8217;s Proust Questionaire.&#8221;</p>
<p>Did you know Sandra Bernhardt&#8217;s motto is: &#8220;Kiss &#8216;em, slap &#8216;em, send &#8216;em home.&#8221;</p>
<p>I am considering stealing that one as my new operating policy.</p>
<p>I missed the question about Yahoo&#8217;s ad consortium with AOL and Microsoft. &#8220;We&#8217;re making progress,&#8221; says Morse.</p>
<p><em>Aaaaagh.</em> But did you also know that Katie Couric&#8217;s motto is: &#8220;Nobody puts Baby in the corner.&#8221;</p>
<p>That is definitely my motto too if Yahoo PR does not get back to me on my 26 questions from this morning (you would think I would have gotten used to this by now!).</p>
<p>How I wish Mayer was not in the corner right now and we were listening to her. She talks really quickly, like a supernova, so I would love to see how analysts react to it. Not today!</p>
<p>Did you know Keith Richards&#8217; motto is: &#8220;I told you I was sick.&#8221;</p>
<p>Now <em>that</em> is funny.</p>
<p>There are no more questions, which is unusual, and Tim politely says his goodbyes and says to be in touch any old time.</p>
<p>Thus, I have to have a better ending for this and it comes via Donald Trump, whose motto is: &#8220;Think big and get the job done.&#8221;</p>
<p>And it&#8217;s a pretty good tip for Yahoo and Mayer going forward.</p>
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		<title>Microsoft's Downfall</title>
		<link>http://allthingsd.com/20120704/microsofts-downfall/</link>
		<comments>http://allthingsd.com/20120704/microsofts-downfall/#comments</comments>
		<pubDate>Thu, 05 Jul 2012 06:59:40 +0000</pubDate>
		<dc:creator>Voices</dc:creator>
				<category><![CDATA[General]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=227503</guid>
		<description><![CDATA[They used to point their finger at IBM and laugh. Now they’ve become the thing they despised. &#8211; Bill Hill, a former manager at Microsoft, to Kurt Eichenwald in the August issue of Vanity Fair]]></description>
				<content:encoded><![CDATA[<blockquote><p>They used to point their finger at IBM and laugh. Now they’ve become the thing they despised.</p></blockquote>
<p class="attribution">&#8211; <a href="http://www.vanityfair.com/online/daily/2012/07/microsoft-downfall-emails-steve-ballmer">Bill Hill</a>, a former manager at Microsoft, to Kurt Eichenwald in the August issue of Vanity Fair</p>
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		<title>Finally, a Reason to Read Magazines on a Tablet</title>
		<link>http://allthingsd.com/20120403/finally-a-reason-to-read-magazines-on-a-tablet/</link>
		<comments>http://allthingsd.com/20120403/finally-a-reason-to-read-magazines-on-a-tablet/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 00:00:44 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=192749</guid>
		<description><![CDATA[Call it "Netflix for Magazines" -- unlimited digital subscriptions for $10 or $15 a month.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2012/04/Next-Issue-Newsstand-Portrait.jpeg"><img class="alignright size-large wp-image-192803" title="Next Issue Newsstand Portrait" src="http://allthingsd.com/files/2012/04/Next-Issue-Newsstand-Portrait-299x480.jpg" alt="" width="299" height="480" /></a>Remember <a href="http://allthingsd.com/20101111/hulu-for-magazines-launching-early-2011-but-only-for-android/">Next Issue Media</a>, the &#8220;<a href="http://allthingsd.com/20091002/publishers-like-time-inc-s-hulu-for-magazines-proposal-what-will-apple-and-amazon-say/">Hulu for Digital Magazines</a>&#8221; consortium made up of the biggest names in publishing? It has finally delivered something worth talking about: Call it Netflix for Magazines.</p>
<p>The pitch is simple and intuitive: All the magazines you want, delivered digitally to your tablet, for a flat fee of either $10 or $15 a month.</p>
<p>There are catches, of course, and we&#8217;ll get to them in a minute. But the thrust of what NIM and its publishers are trying to do here is heartening, because it shows that they&#8217;re willing to experiment, for real.</p>
<p>They&#8217;re keeping their core business model &#8212; curated bundles of content sponsored primarily by advertising. But they&#8217;re making a key concession by not requiring consumers to make a commitment to any particular title and letting them swap out magazines at will.</p>
<p>Not a coincidence: Two years after the iPad launched, consumers have only shown a mild interest in tablet magazines &#8212; <a href="http://adage.com/article/mediaworks/magazines-digital-circulation-doubles/233771/">digital represents just 1 percent</a> of the industry&#8217;s circulation. Publishers need to do something.</p>
<p>Now, on to the catches. The good news is that most of these are solvable. The bad news is that there are a few, and for now, they&#8217;re big:</p>
<ul>
<li>The digital magazines require an <a href="http://www.nextissue.com">app</a> that will only work on Android tablets running Honeycomb. Next Issue says it will submit a version to Apple soon and hopes to have it available this summer. No word on Amazon&#8217;s Kindle Fire or Barnes &amp; Noble&#8217;s Nook, which run earlier &#8212; and heavily modified &#8212; versions of Google&#8217;s operating system.</li>
<li>You can&#8217;t get <em>any</em> magazine you want: Just 32 titles from the four magazine publishers in Next Issue&#8217;s joint venture: Hearst, Meredith, Time Inc. and Conde Nast. (News Corp., which also owns this Web site, is a Next Issue backer, but hasn&#8217;t put anything it owns into this offering.) That said, the list includes lots of the publishers&#8217; best-known titles: Sports Illustrated, Fortune, the New Yorker, Vanity Fair, Esquire, Elle, Better Homes and Gardens, etc. Next Issue says it will add more &#8220;later this year,&#8221; and also plans to bring outside publishers into the offering.</li>
<li>If you like reading magazines in both print and digital form, this offer won&#8217;t work for you. While publishers have recently started bundling print and digital subscriptions for the same price &#8212; essentially giving away digital in exchange for full-priced print subscriptions &#8212; these deals don&#8217;t include any print issues at all.</li>
</ul>
<p>But for all of that, there&#8217;s plenty here to be optimistic about, whether you&#8217;re a magazine maker or a magazine reader.</p>
<p>Publishers have struggled to figure out how to take advantage of the iPad and other tablets, and for now they&#8217;ve ended up with something that looks and works almost exactly like a paper magazine, with a couple digital bells and whistles.</p>
<p><a href="http://allthingsd.com/files/2012/04/Next-Issue-Library-portrait.jpeg"><img class="alignleft size-large wp-image-192802" title="Next Issue Library portrait" src="http://allthingsd.com/files/2012/04/Next-Issue-Library-portrait-300x480.jpg" alt="" width="300" height="480" /></a>That&#8217;s not a <em>terrible</em> thing &#8212; some of the tablet issues work well, and publishers tell me they think they are selling them to new readers, which is a good thing.</p>
<p>But for two years there haven&#8217;t been many compelling reasons to pick up a tablet issue instead of a print one. Changing the basic subscription proposition, though? That makes things very interesting.</p>
<p>It&#8217;s also very much an experiment, which is the word every publisher I talked to about the launch used in the last couple days. &#8220;No one has done this before, and there are lots of practical reasons for that,&#8221; says Hearst&#8217;s John Loughlin, who oversees the publisher&#8217;s tablet efforts.</p>
<p>And publishers still have basic stuff to figure out, like how they&#8217;ll get paid for their titles. The rough idea is that they&#8217;ll get a share of revenue based on the amount of time consumers spend with their magazines, but they still need to hash out details.</p>
<p>The same goes for conversations about circulation and advertising. Right now, for instance, the magazines you read when you give Next Issue $10 a month (if you want monthly titles &#8212; if you want weeklies like the New Yorker, it&#8217;s $15 a month) won&#8217;t be counted in publishers&#8217; official totals.</p>
<p>But all of that sounds good to me. It sounds like an industry ready to try some stuff and see what works. Just like all the start-ups that insist they want to disrupt it.</p>
<p>&#8220;Anybody that tells you that they have the answer, or that their model is the model that would be successful 5 years from now &#8212; they&#8217;d be suspect,&#8221; says Loughlin. &#8220;We&#8217;re very much in a learning mode.&#8221;</p>
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		<title>"Goofy" CEO Andrew Mason on "60 Minutes" This Week</title>
		<link>http://allthingsd.com/20120112/goofy-ceo-andrew-mason-on-60-minutes-this-week/</link>
		<comments>http://allthingsd.com/20120112/goofy-ceo-andrew-mason-on-60-minutes-this-week/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 17:58:32 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=163273</guid>
		<description><![CDATA[Guess who's back? Back again. Guess who's back? Tell a friend.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120112/goofy-ceo-andrew-mason-on-60-minutes-this-week/groupon-2-2/" rel="attachment wp-att-163274"><img src="http://allthingsd.com/files/2012/01/groupon-2-281x285.png" alt="" title="groupon-2" width="281" height="285" class="alignright size-medium wp-image-163274" /></a></p>
<p>Of <em>course</em>, this infamous kooky cat-on-his-head photo from a Vanity Fair magazine shoot made it into an upcoming profile of Groupon CEO Andrew Mason. Lesley Stahl of &#8220;60 Minutes&#8221; has done a piece on the Chicago-based social buying phenom, set to air this Sunday.</p>
<p>And, naturally, Stahl trots out the &#8220;goofy&#8221; description of Mason.</p>
<p>In addition, said the preview caption for the CBS television news show: &#8220;Groupon&#8217;s Andrew Mason says he may not be as smart, mature or experienced as other CEOs, but being company founder is his edge.&#8221;</p>
<p>Dumber, juvenile and just-arrived &#8212; but I created this three-ring circus with my own two hands? Sounds good to me!</p>
<p>Here is a preview of the Stahl-Mason segment, as well as my own wacky interview with Mason from last year&#8217;s <strong>D: All Things Digital</strong> conference:</p>
<p><embed src="http://cnettv.cnet.com/av/video/cbsnews/atlantis2/cbsnews_player_embed.swf" scale="noscale" salign="lt" type="application/x-shockwave-flash" background="#333333" width="425" height="279" allowFullScreen="true" allowScriptAccess="always" FlashVars="si=254&#038;&#038;contentValue=50118120&#038;shareUrl=http://www.cbsnews.com/video/watch/?id=7394765n" /></p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=95F179BE-4E04-4898-A6BF-A3EB83767517&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={95F179BE-4E04-4898-A6BF-A3EB83767517}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>(Photo credit: Martin Schoeller, exclusively for <a href="http://VF.com">Vanity Fair</a>)</p>
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		<title>Zuckerberg Tops Vanity Fair's "New Establishment" List Again (And Look Who's No. 40)</title>
		<link>http://allthingsd.com/20110831/zuckerberg-tops-vanity-fairs-new-establishment-list-again-and-look-whos-no-40/</link>
		<comments>http://allthingsd.com/20110831/zuckerberg-tops-vanity-fairs-new-establishment-list-again-and-look-whos-no-40/#comments</comments>
		<pubDate>Thu, 01 Sep 2011 04:00:13 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=115997</guid>
		<description><![CDATA[Vanity Fair magazine put out its high-profile "New Establishment" list of the top 50 people -- and guess who made the cut from tech?]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110831/zuckerberg-tops-vanity-fairs-new-establishment-list-again-and-look-whos-no-40/vf-copy/" rel="attachment wp-att-116005"><img src="http://allthingsd.com/files/2011/08/vf-copy-500x480.png" alt="" title="vf copy" width="500" height="480" class="alignright size-large wp-image-116005" /></a></p>
<p>Vanity Fair magazine put out its high-profile &#8220;New Establishment&#8221; list of the top 50 people, who are &#8220;an innovative new breed of buccaneering visionaries, engineering prodigies, and entrepreneurs, who quite often sport hoodies, floppy hair, and backpacks.&#8221;</p>
<p>The hoodie part would be referring to Facebook CEO and co-founder Mark Zuckerberg, who topped the list &#8212; which is in the just-released October issue &#8212; for the second year in a row. </p>
<p>The Vanity Fair list was packed with Silicon Valley luminaries.</p>
<p>The No. 2 spot went to the hopelessly conjoined twins at Google, CEO Larry Page and his co-founder Sergey Brin. Amazon&#8217;s Jeff Bezos was No. 3, followed by newly born CEO Tim Cook and top product guy Jonathan Ive of Apple at No. 4, with Twitter creator and Square founder Jack Dorsey at No. 5.</p>
<p>Interestingly, super-VCs Mark Andreessen and Ben Horowitz clocked in this year at No. 6. </p>
<p>The digitally fast-forward Lady Gaga was the top woman on the list at No. 9, in front of &#8220;Harry Potter&#8221; author J. K. Rowling at No. 16.</p>
<p>And, clocking in at No. 40? Why, me and my partner-in-crime at <strong>AllThingsD</strong>, Walt Mossberg. He is apparently a &#8220;kingmaker&#8221; of tech and I do &#8220;juicy exclusives.&#8221;</p>
<p>That actually is pretty accurate. More importantly, we were ranked higher than Justin Timberlake and Ashton Kutcher. In other words: <em>Mission accomplished!</em> </p>
<p>We also beat the Angry Birds dudes at No. 49, whom my two kids would nonetheless have voted tops over their mom any day of the week and twice on Sunday. </p>
<p>In addition, Vanity Fair broke off a list of 25 &#8220;Powers That Be,&#8221; which is made up of a lot of longtime &#8220;New Establishment&#8221; folks, as well as another list called the &#8220;Hall of Fame.&#8221;</p>
<p>&#8220;These are the people who have shaped the world we live in today &#8212; and continue to wield enormous influence,&#8221; said Vanity Fair, which translates into <em>dustier</em> moguls. </p>
<p>Topping the powers-that-be, of course, is Apple&#8217;s co-founder and Chairman Steve Jobs. And outgone Google CEO and now Executive Chairman Eric Schmidt is now enshrined in the hall of fame.</p>
<p>As Walt and I head to a good table at the Minetta Tavern to meet the cool peeps for a celebratory drink, here is the official press releases from Vanity Fair: </p>
<blockquote class="memo"><p>FACEBOOK FOUNDER MARK ZUCKERBERG TOPS VANITY FAIR&#8217;S NEW ESTABLISHMENT LIST FOR THE SECOND YEAR IN A ROW</p>
<p>Sergey Brin and Larry Page Take No. 2 Spot, Lady Gaga Jumps to the Top 10 of Tech-Dominant List</p>
<p>NEW YORK, N.Y. &#8212; &#8220;The Age of Information gives way to a burgeoning Age of Technology,&#8221; announces Graydon Carter, remarking on the &#8220;seismic shift in interest and influence&#8221; that has occurred in the 17 years that Vanity Fair has been ranking America’s power players. The magazine&#8217;s 2011 New Establishment list identifies the top 50 of an innovative new breed of buccaneering visionaries, engineering prodigies, and entrepreneurs, who quite often sport hoodies, floppy hair, and backpacks.  </p>
<p>Mark Zuckerberg, founder of the inescapable social-networking site Facebook, maintains his perch at the top of Vanity Fair&#8217;s 17th annual New Establishment List ranking for the second year in a row. With a possible I.P.O. on the horizon by 2012, which could value the company anywhere between $50 and $100 billion, Facebook has enough clout to worry even the unshakable Google. Zuckerberg is still the youngest person ever to top the list.</p>
<p>Sergey Brin and Larry Page, co-founders of Google, are in the No. 2 spot this year, closing in on Zuckerberg as they jump up one spot, from No. 3 in 2010. Eric Schmidt, who appeared on the list last year with the duo, has since been pushed out of the C.E.O&#8217;s office, replaced by Page. Despite reports of an anti-trust investigation, Google has been setting its sites on Facebook by concentrating on strategic initiatives, such as engineering social-networking features. </p>
<p>Rounding out the top five are Jeff Bezos, of Amazon, at No. 3, Tim Cook and Jonathan Ive, of Apple, at No. 4, and Twitter and Square founder Jack Dorsey, at No. 5. </p>
<p>Lady Gaga makes an appearance for the second year in a row. Coming in at No. 9, she is the highest-ranking woman on the list, in front of J. K. Rowling at No. 16, Sheryl Sandberg, of Facebook, at No. 26, Angela Ahrendts with Christopher Bailey, of Burberry, at No. 30, Natalie Massenet at No. 32, and Kara Swisher with Walt Mossberg at No. 40. At 25 years old, Gaga is also the youngest person on the list &#8212; not a surprise for someone whose fans managed to crash Amazon&#8217;s servers in their desperation to download her third album. </p>
<p>Youthful energy is spread throughout this year&#8217;s list with 15 members under the age of 40, including Zuckerberg, Brin and Page, Dorsey, Lady Gaga, Andrew Mason, Sean Parker, Ryan Kavanaugh, Jeremy Stoppelman, Ashton Kutcher, Dennis Crowley, Daniel Ek, Mikael Hed and Niklas Hed, and Justin Timberlake. </p>
<p>There are 14 billionaires on the list: Zuckerberg, Brin and Page, Bezos, Mark Pincus, Michael Moritz, J. K. Rowling, Jim Breyer, Reid Hoffman, Herbert Allen III, Yuri Milner, Robin Li, Parker, and Peter Thiel. </p>
<p>Five member of the New Establishment are actively involved in space exploration, including Brin, Elon Musk, Bezos, Thiel, and Dennis Crowley. Eight of the New Establishment nominees can count themselves members of the ever growing Stanford Mafia; they include Brin, Page, Reed Hastings, Jim Breyer, Hoffman, Musk, Thiel, and John Hennessy. </p>
<p>The New Establishment, Vanity Fair&#8217;s annual ranking of the top leaders of our time, is made up of owners, creators, buyers, thinkers, and innovators &#8212; the movers and shakers in the worlds of technology, media, business, politics, entertainment, and fashion. These men and women are the taste-makers and trendsetters, opinion formers and agenda creators, not to mention empire builders. Entry into the ranks of Vanity Fair&#8217;s list is based on a number of factors: wealth, influence, and philanthropy, as well as such intangibles as vision and the x factor. </p>
<p>The October issue of Vanity Fair will be on newsstands in New York and L.A. on September 1, and nationally and on the iPad September 6.</p>
<p>THE VANITY FAIR NEW ESTABLISHMENT</p>
<p>1.    Mark Zuckerberg, Facebook<br />
2.    Sergey Brin and Larry Page, Google<br />
3.    Jeff Bezos, Amazon<br />
4.    Tim Cook and Jonathan Ive, Apple<br />
5.    Jack Dorsey, Square, Twitter<br />
6.    Marc Andreessen and Ben Horowitz, Andreessen Horowitz<br />
7.    Reed Hastings, Netflix<br />
8.    John Lasseter, Pixar, Walt Disney Animation Studios<br />
9.    Lady Gaga, singer<br />
10.  Dan Doctoroff, Bloomberg L.P.<br />
11.  Dick Costolo, Twitter<br />
12.  Mark Pincus, Zynga<br />
13.  Jim Breyer, Accel Partners<br />
14.  Tim Burton, Johnny Depp, and Graham King, Movies<br />
15.  Michael Moritz, Sequoia Capital<br />
16.  J. K. Rowling, Harry Potter<br />
17.  Trey Parker and Matt Stone, South Park<br />
18.  Reid Hoffman, Greylock Partners, LinkedIn<br />
19.  Herb Allen III, Allen &#038; Co.<br />
20.  Judd Apatow, Apatow Productions<br />
21.  Jay-Z, Roc Nation<br />
22.  Todd Phillips, Green Hat Films<br />
23.  Yuri Milner, DST Global<br />
24.  J. J. Abrams, writer, director, producer<br />
25.  Robin Li, Baidu<br />
26.  Sheryl Sandberg, Facebook<br />
27.  Andrew Mason, Groupon<br />
28.  Jon Stewart and Stephen Colbert, television<br />
29.  Mark Wahlberg and Stephen Levinson, Leverage<br />
30.  Angela Ahrendts and Christopher Bailey, Burberry<br />
31.  Elon Musk, Tesla Motors, Space X<br />
32.  Natalie Massenet, Net-a-Porter Group<br />
33.  Paul Graham, Y Combinator<br />
34.  Sean Parker, entrepreneur<br />
35.  Fred Wilson, Union Square Ventures, Flatiron Partners<br />
36.  Peter Thiel, Founders Fund, Clarium Capital Management<br />
37.  Peter Jackson, Wingnut Films<br />
38.  Ryan Kavanaugh, Relativity Media<br />
39.  Mike Allen, Politico<br />
40.  Walt Mossberg and Kara Swisher, All Things D<br />
41.  John Hennessy, Stanford University<br />
42.  Jeremy Stoppelman, Yelp<br />
43.  Ashton Kutcher, actor, investor<br />
44.  Tyler Perry, director, producer, writer, actor<br />
45.  Dennis Crowley, Foursquare<br />
46.  Kevin Ryan, Gilt Groupe<br />
47.  Daniel Ek, Spotify<br />
48.  Henry Blodget, Business Insider<br />
49.  Mikael Hed, Niklas Hed, and Peter Vesterbacka, Rovio<br />
50.  Justin Timberlake, singer, actor</p></blockquote>
<blockquote class="memo"><p>STEVE JOBS HOLDS THE TOP SPOT ON VANITY FAIR&#8217;S LIST OF THE POWERS THAT BE</p>
<p>Embattled News Corp. Chairman Rupert Murdoch in the Top 5</p>
<p>NEW YORK, N.Y. &#8212; This year Vanity Fair inaugurates a list of the Powers That Be. These are the people who have shaped the world we live in today &#8212; and continue to wield enormous influence. Many are longtime New Establishment members, and their destinies are intertwined with the members of this year’s New Establishment.</p>
<p>Steve Jobs, of Apple, holds the top spot on the list of the Powers That Be. Since Jobs took control of the company 14 years ago, the stock’s share price has risen more than 6,500 percent. At the height of the debt crisis in late July, Apple had more cash on hand than the U.S. government. </p>
<p>Bernard Arnault, of luxury-goods company LVMH, ranks in the No. 2 spot. As an overseer of countless enduring luxury brands, Arnault has left his mark on the industry. Last year he spent $2 billion to accumulate a 20 percent stake in family-controlled but publicly traded Hermès. </p>
<p>Mayor Michael Bloomberg is No.3 on this year&#8217;s list while News Corporation chairman Rupert Murdoch comes in at No. 4. The tumultuous News of the World scandals this year have shaken the media baron, but also shown his staying power in the face of just about anything. Brian Roberts and Steve Burke, of Comcast, NBCUniversal, who recently acquired the U.S. media rights to the Olympic Games through 2020, are No. 5.  </p>
<p>Jill Abramson is the highest-ranking woman out of six on the list, at No. 9. She is followed by Angelina Jolie with Brad Pitt at No. 11, Sue Naegle with Richard Plepler and Michael Lombardo at No. 15, Anne Sweeney with George Bodenheimer at No. 22, Bonnie Hammer at No. 24, and Arianna Huffington with Tim Armstrong at No. 25. </p>
<p>Because some power is permanent, Vanity Fair nominates a number of regulars to the Hall of Fame this year. Warren Buffett, of Berkshire Hathaway, joins Barry Diller and Diane von Furstenberg, Tom Ford, actor Tom Hanks, and designer Karl Lagerfeld. Network impresario Oprah Winfrey, Jeffrey Katzenberg, of DreamWorks Animation, and talk-show host Charlie Rose all make the ranks as well. </p>
<p>The October issue of Vanity Fair will be on newsstands in New York and L.A. on September 1, and nationally and on the iPad September 6.</p>
<p>THE POWERS THAT BE</p>
<p>1.    Steve Jobs, Apple<br />
2.    Bernard Arnault, LVMH<br />
3.    Michael Bloomberg, mayor, New York City<br />
4.    Rupert Murdoch, News Corporation<br />
5.    Brian Roberts and Steve Burke, Comcast, NBCUniversal<br />
6.    François-Henri Pinault, PPR<br />
7.    Bob Iger, Walt Disney Company<br />
8.    Jeffrey Bewkes, Time Warner<br />
9.    Jill Abramson, The New York Times<br />
10.  Steve Ballmer, Microsoft<br />
11.  Brad Pitt and Angelina Jolie, movies, philanthropy<br />
12.  Diego Della Valle, Tod’s<br />
13.  Roman Abramovich, investments<br />
14.  Mickey Drexler, J. Crew<br />
15.  Richard Plepler, Sue Naegle, and Michael Lombardo, HBO<br />
16.  Larry Gagosian, Gagosian Gallery<br />
17.  Harvey and Bob Weinstein, the Weinstein Company<br />
18.  Marc Jacobs, designer<br />
19.  Lorne Michaels, Saturday Night Live<br />
20.  David Zaslav, Discovery Communications<br />
21.  Jean Pigozzi, investments, art<br />
22.  George Bodenheimer and Anne Sweeney, Disney Media Networks<br />
23.  Vivi Nevo, NV Investments<br />
24.  Bonnie Hammer, NBCU Cable Entertainment and Cable Studios<br />
25.  Tim Armstrong and Arianna Huffington, AOL Huffington Post Media Group </p>
<p>HALL OF FAME</p>
<p>Edgar Bronfman Jr., Warner Music Group<br />
Warren Buffett, Berkshire Hathaway<br />
Ron Conway, angel investor<br />
Philippe Dauman, Viacom<br />
Barry Diller and Diane von Furstenberg, IAC, DVF<br />
John Doerr, Kleiner Perkins Caufield &#038; Byers<br />
Larry Ellison, Oracle Corporation<br />
Tom Ford, designer/filmmaker<br />
Ted Forstmann, IMG Worldwide<br />
Tom Freston, Firefly3<br />
Brian Grazer and Ron Howard, Imagine Entertainment<br />
Tom Hanks, actor<br />
Jeffrey Katzenberg, DreamWorks Animation<br />
Vinod Khosla, Khosla Ventures<br />
Karl Lagerfeld, Chanel<br />
Ralph Lauren, Polo Ralph Lauren<br />
John Malone, Liberty Media<br />
Ron Meyer, Universal Studios<br />
Leslie Moonves, CBS<br />
Ronald Perelman, MacAndrews and Forbes<br />
Miuccia Prada, Prada<br />
Charlie Rose, talk-show host<br />
Eric Schmidt, Google<br />
Terry Semel, investor<br />
Oprah Winfrey, OWN</p></blockquote>
<p>(Full disclosure: Readers who look closely at the list will notice that all things <strong>ATD</strong> senior editor Peter Kafka is listed as a contributor. This is true! Also true: Peter wrote biographical entries for several people on the list, but has zero input on its composition. He tells us he had no idea that we were being considered for inclusion, and we believe him. He also says that had he been asked for his opinion, he would have voted for us, his bosses, to be included. We also believe that.)</p>
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		<title>Rupert Murdoch's Disaster Is Already an E-Book</title>
		<link>http://allthingsd.com/20110729/rupert-murdochs-disaster-is-already-an-e-book/</link>
		<comments>http://allthingsd.com/20110729/rupert-murdochs-disaster-is-already-an-e-book/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 21:40:31 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<description><![CDATA[Vanity Fair gets a compilation into the Kindle and Nook stores: Twenty previously published stories for $4, heavy on the Michael Wolff.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2011/07/murdochpost-main.png"><img class="alignright size-medium wp-image-104531" title="murdochpost-main" src="http://allthingsd.com/files/2011/07/murdochpost-main-213x285.png" alt="" width="213" height="285" /></a>No surprise that News Corp.&#8217;s PhoneGate travails will end up in book form. But this one may be the first out of the gate: Vanity Fair is selling <a href="http://www.vanityfair.com/online/daily/2011/07/rupert-murdoch-the-master-mogul-of-fleet-streetvanity-fairs-latest-e-book.html">a compilation of 20 previously published stories</a> about the life and times of Rupert Murdoch as an e-book.</p>
<p>At $4 a pop &#8212; via <a href="http://www.amazon.com/RUPERT-MURDOCH-Master-Street-ebook/dp/B005F0RSN2">Amazon&#8217;s Kindle</a> or <a href="http://www.barnesandnoble.com/w/rupert-murdoch-the-master-mogul-of-fleet-street-graydon-carter/1104547073">Barnes &amp; Nobles&#8217; Nook</a> stores &#8212; &#8220;Rupert Murdoch, The Master Mogul of Fleet Street&#8221; costs less than a single copy of the print magazine.</p>
<p>It&#8217;s also a bargain if you&#8217;re a fan of Murdoch biographer (and <a href="http://allthingsd.com/20110714/rupert-murdoch-expert-michael-wolff-knows-nothing-about-baseball-just-ask-him-video/">non-baseball expert</a>) Michael Wolff, whose work accounts for 20 percent of the copy here.</p>
<p>In other PhoneGate news, <a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/07/news-corp-tells-new-york-post-to-save-documents-hacking.html">News Corp. has told employees at its New York Post tabloid</a> to &#8220;preserve and maintain&#8221; any documents related to phone hacking.</p>
<p>News Corp., which also owns this Web site, has maintained that none of the systemic voicemail hacking that has come to light at its News of the World tabloid occurred in the U.S., but investigators will be looking into the matter, regardless.</p>
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		<title>AOL Raids Conde Nast For New Moviefone Editor</title>
		<link>http://allthingsd.com/20110613/aol-raids-conde-nast-for-new-moviefone-editor/</link>
		<comments>http://allthingsd.com/20110613/aol-raids-conde-nast-for-new-moviefone-editor/#comments</comments>
		<pubDate>Mon, 13 Jun 2011 14:25:03 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<description><![CDATA[AOL has a new editor for movie ticket portal Moviefone: Vanity Fair web boss Michael Hogan.

Hogan will take the spot last occupied by Patricia Chui, who was fired by AOL in April.]]></description>
				<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-85991" title="Michael Hogan" src="http://allthingsd.com/files/2011/06/Michael-Hogan-219x285.jpg" alt="" width="219" height="285" />AOL has a new editor for movie ticket portal <a href="http://www.moviefone.com/">Moviefone</a>: Vanity Fair web boss <a href="http://www.vanityfair.com/contributors/michael-hogan">Michael Hogan</a>.</p>
<p>Hogan will take the spot last occupied by Patricia Chui, who was <a href="http://allthingsd.com/20110406/exclusive-aol-fires-moviefone-editor-who-offered-fired-freelancers-the-chance-to-work-for-um-free/">fired by AOL in April</a>.</p>
<p>Hogan, who starts his new job June 26, will wear multiple hats: His official title is &#8220;Executive Features Editor&#8221;, and his duties also include running AOL TV. But his initial focus will be on Moviefone, which he wants to overhaul.</p>
<p>&#8220;We really want to take it from something that is successful as a ticket selling site, and try to make it into a robust gathering place for people who follow the movie industry and people who love movies,&#8221; he said. Hogan said he&#8217;ll hire fulltime editors and writers to beef up content on the site.</p>
<p>AOL fired Hogan&#8217;s predecessor after she distributed a memo informing Moviefone freelancers that their contracts were ending, but that they could contribute to the site as unpaid volunteers. Chui&#8217;s defenders said she had been treated unfairly by AOL, which was in the process of overhauling all of its editorial teams after acquiring the Huffington Post.</p>
<p>Hogan says he&#8217;s comfortable that any controversy  surrounding Chui&#8217;s departure has dissipated. &#8220;I talked to the folks there about that situation, and I understood where everybody was coming from,&#8221; he said.</p>
<p>Hogan became editor of VF.com in 2008; his most recent title was executive digital editor. (Disclosure: I&#8217;ve done freelance work for Vanity Fair in the past and am working on a project for the magazine now.)</p>
<p>Here&#8217;s a farewell bouquet from Vanity Fair editor Graydon Carter, via email: &#8220;I’ve had the pleasure of watching Michael Hogan hone his editorial skills over the past thirteen years from the assistant’s desk to being head of our digital team. I told him when I moved him to the website, that if he did his job well, he wouldn’t be working for me in three years. He beat the deadline. And he will be missed.&#8221;</p>
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		<title>Microsoft Co-Founder Hits Out at Gates</title>
		<link>http://allthingsd.com/20110330/microsoft-co-founder-hits-out-at-gates/</link>
		<comments>http://allthingsd.com/20110330/microsoft-co-founder-hits-out-at-gates/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 15:35:11 +0000</pubDate>
		<dc:creator>Nick Wingfield and Robert A. Guth</dc:creator>
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		<description><![CDATA[Bill Gates schemed to take shares in Microsoft Corp. from his co-founder during the early days of the software company following his partner's treatment for cancer, according to a new memoir by the billionaire co-founder, Paul Allen. The allegation is part of a critical portrait in the book of Mr. Gates, with whom Mr. Allen formed a friendship in grade school that evolved into one of the iconic partnerships of American business.]]></description>
				<content:encoded><![CDATA[<p>Bill Gates schemed to take shares in Microsoft Corp. from his co-founder during the early days of the software company following his partner&#8217;s treatment for cancer, according to a new memoir by the billionaire co-founder, Paul Allen.</p>
<p>The allegation is part of a critical portrait in the book of Mr. Gates, with whom Mr. Allen formed a friendship in grade school that evolved into one of the iconic partnerships of American business. The book, &#8220;Idea Man: A Memoir by the Co-founder of Microsoft,&#8221; is scheduled to go on sale on April 17. A draft of the memoir was viewed by The Wall Street Journal. An excerpt of the book appeared on Vanity Fair&#8217;s website early Wednesday.</p>
<p>The book gives a revisionist take on some details of Microsoft&#8217;s history and the relationship between Mr. Gates and his former partner, the two of whom have long been viewed as cordial if not close friends.</p>
<p><a href="http://online.wsj.com/article/SB10001424052748703806304576232051635476200.html">Read the rest of this post on the original site »</a></p>
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		<title>No More Digital Discount: Conde Nast Raises Prices For Two iPad Magazines</title>
		<link>http://allthingsd.com/20110304/no-more-digital-discount-conde-nast-raises-prices-for-two-ipad-magazines/</link>
		<comments>http://allthingsd.com/20110304/no-more-digital-discount-conde-nast-raises-prices-for-two-ipad-magazines/#comments</comments>
		<pubDate>Fri, 04 Mar 2011 12:00:34 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=30403</guid>
		<description><![CDATA[Tablet magazines aren't exactly flying off the shelves. But Conde is handing loyal readers of GQ and Vanity Fair on the iPad a price hike, anyway.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2011/03/gq.jpeg"><img class="alignright size-medium wp-image-30407" title="gq" src="http://mediamemo.allthingsd.com/files/2011/03/gq-200x300.jpg" alt="" width="200" height="300" /></a>iPad magazines haven&#8217;t been huge hits. At least in part because readers say they&#8217;re too expensive.</p>
<p>So this one&#8217;s a bit of a head-scratcher: Conde Nast is going to <em>raise</em> the prices of two of its tablet titles.</p>
<p>GQ and Vanity Fair used to offer readers who&#8217;d already bought a single digital issue a discount on subsequent purchases. But it&#8217;s doing away with that next month.</p>
<p>So effectively, loyal readers of  GQ on the iPad will see prices go from $2.99 to $4.99 an issue, while Vanity Fair will go from $3.99 to $4.99.</p>
<p>The move is part of Conde&#8217;s decision to move those two titles, along with Glamour, from a digital publishing system it had built itself last year to one from Adobe. That&#8217;s the same system Conde already uses to publish Wired magazine and other titles, and it&#8217;s the one <a href="http://mediamemo.allthingsd.com/20101025/a-win-for-adobe-conde-nast-will-use-it-exclusively-for-future-tablet-magazines/">the publisher chose after a bake-off</a> last fall.</p>
<p><a href="http://mediamemo.allthingsd.com/files/2011/03/conde-glamour-ad.jpg"><img class="alignleft size-large wp-image-30405" title="conde glamour ad" src="http://mediamemo.allthingsd.com/files/2011/03/conde-glamour-ad-450x600.jpg" alt="" width="250" height="333" /></a>The shift means Conde will stop supporting the existing apps for those three titles at Apple&#8217;s iTunes store, and will ask users to download new apps over the coming weeks. Anyone who bought digital versions of the three magazines in the last year will still be able to read them, as long as they&#8217;ve downloaded and archived the issues.* And Conde is giving readers a heads up via in-app ads like the one to the left.*</p>
<p>Conde will try to goose sales for Glamour, the first magazine to shift platforms, by cutting the app&#8217;s price down to $0.99 for a week starting next Tuesday. Which should be a good way to help the app move to the top of iTunes&#8217; charts &#8212; people love cheap apps.</p>
<p>So why push the price back up after that? And why raise prices for the other two titles?</p>
<p>Conde says the platform shift gives the publisher a chance to &#8220;reexamine pricing&#8221;, and that it now wants to sell all of its digital titles at the same price analog copies command at a newsstand. (Or close to it &#8211; both the New Yorker and Wired still sell for a dollar less at iTunes than their paper counterparts).</p>
<p>Which is really a way of saying &#8220;boy oh boy would we like to sell subscriptions, because when we do, we&#8217;ll offer monthly or yearly committments at a steep discount to individual sales, just like we do with paper copies.&#8221;</p>
<p>But that&#8217;s not going to be happening at iTunes anytime soon, because none of the big magazine publishers have shown any inclination to accept <a href="http://mediamemo.allthingsd.com/20110215/apple-rolls-out-long-awaitedfeared-subscription-plan/">Apple&#8217;s subscription rules</a> &#8212; at least for titles they&#8217;re already selling in paper form. Meanwhile Conde has announced that it plans to sell its digital magazines for Google&#8217;s Android this spring &#8211; but has yet to mention subscriptions.</p>
<p>*If you have to reset your machine entirely, though, you&#8217;ll be out of luck altogether. Sometimes digital just isn&#8217;t as durable as paper and ink.</p>
<p>**The shift also means that anyone who has enjoyed reading Glamour, GQ or Vanity Fair on their iPhone is out of luck. Conde says for the near-term, its new magazine apps will only be formatted for the iPad.</p>
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		<title>Square Now Processing $1 Million a Day in Mobile Payments</title>
		<link>http://allthingsd.com/20110303/square-now-processing-1-million-a-day-in-mobile-payments/</link>
		<comments>http://allthingsd.com/20110303/square-now-processing-1-million-a-day-in-mobile-payments/#comments</comments>
		<pubDate>Thu, 03 Mar 2011 19:36:38 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://emoney.allthingsd.com/?p=3264</guid>
		<description><![CDATA[Square is now processing $1 million a day in credit card transactions over mobile phones, after dropping the rates it charges merchants only a week ago.]]></description>
				<content:encoded><![CDATA[<p>Square is now processing $1 million a day in credit card transactions over mobile phones.</p>
<p><img class="alignright size-medium wp-image-3267" title="square-signature-screen" src="http://emoney.allthingsd.com/files/2011/03/square-signature-screen-275x275.png" alt="" width="275" height="275" />Back in February, the San Francisco company, which was started by Twitter founder Jack Dorsey, <a href="http://emoney.allthingsd.com/20110207/squares-jack-dorsey-wants-to-replace-everything-from-the-receipt-to-the-register/">said it was signing up 50,000 to 60,000 new users a a month and processing millions of dollars a week</a>.</p>
<p>Earlier last week, <a href="http://emoney.allthingsd.com/20110222/square-sacrifices-revenues-to-ramp-mobile-payment-volumes/">Square dropped the rates</a> it charges plumbers, artists and housecleaners to use its services, in order to ramp usage on its network.</p>
<p>It seems to have worked.</p>
<p>Late last night, Dorsey tweeted that &#8220;As of today @<a rel="nofollow" href="http://twitter.com/Square">Square</a> is processing more than $1,000,000 a day. Think of all the individuals &amp; businesses behind that number. Congrats to all!&#8221;</p>
<p>Square’s rates are now a flat fee of 2.75 percent per transaction, instead of the previous fees, which charged 2.75 percent <em>plus</em> an additional 15 cents. (The rate for when a credit card number is keyed in, rather than swiped, will remain the same at 3.5 percent plus 15 cents.)</p>
<p>The company&#8217;s biggest competitor is Intuit&#8217;s GoPayment, which has yet to match the drop. UPDATE: Intuit said that its GoPayment customers are processing $9 million a week using GoPayment and its online and QuickBooks payment services.</p>
<p>Separately, Dorsey was featured today <a href="http://www.vanityfair.com/business/features/2011/04/jack-dorsey-201104">in the April issue of Vanity Fair</a>, which labeled the media-shy man as one of the visionaries of the Digital Age.</p>
<p>The profile traces Dorsey&#8217;s time at Twitter as the former CEO and the circumstances of his departure, along with his new ambitions for changing the way we pay for things and the way merchants charge for them.</p>
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		<title>Just Because I Spent $500 on an iPad Doesn't Mean I'll Pay a 500 Percent Markup on an iPad Magazine Subscription</title>
		<link>http://allthingsd.com/20101229/just-because-i-spent-500-on-an-ipad-doesnt-mean-ill-pay-a-500-markup-on-a-magazine-subscription/</link>
		<comments>http://allthingsd.com/20101229/just-because-i-spent-500-on-an-ipad-doesnt-mean-ill-pay-a-500-markup-on-a-magazine-subscription/#comments</comments>
		<pubDate>Wed, 29 Dec 2010 22:19:04 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=54797</guid>
		<description><![CDATA[Apple’s iPad may offer a sexier alternative to print, but you wouldn’t know it from the latest data from the Audit Bureau of Circulations. According to the ABC, magazine sales on the tablet have dropped sharply since they debuted earlier this year.]]></description>
				<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2010/12/newstand_sml-150x150.jpg" alt="" title="newstand_sml" width="150" height="150" class="alignright size-thumbnail wp-image-54800" />Apple&#8217;s iPad may offer a sexier alternative to print, but you wouldn&#8217;t know it from the latest data from the Audit Bureau of Circulations. According to the ABC, magazine sales on the tablet have dropped sharply since they debuted earlier this year. A few notable examples:</p>
<ul>
<li>When Wired magazine launched on the iPad in June, it racked up more than 100,000 downloads. By November the number dwindled to between 22,000 and 23,000. </li>
<li>Vanity Fair, which sold about 10,500 iPad downloads in August, saw sales drop to 8,700 in November.</li>
<li>Glamour saw a 40 percent decline in iPad sales between September, when it sold 4,301 copies, and November, when it sold just 2,775.</li>
</ul>
<p>There were other declines as well, <a href="http://www.wwd.com/media-news/fashion-memopad/memo-pad-magazines-not-that-app-y-3409693?src=rss/media/20101229">all helpfully catalogued over at Memo Pad</a>, but you get the idea. </p>
<p>Seems that iPad magazines haven&#8217;t yet captured the public&#8217;s attention. Why? Overpricing, perhaps. Why pay $5 a pop for a digital copy of a publication you can subscribe to for $10 a year? Of course, the larger issue is the publishing industry&#8217;s insistence on using new platforms like the iPad to ape antiquated models like print, when it could be using them to develop entirely new ones. Just because you can arrange a pile of massive image files into a digital magazine doesn&#8217;t make it a good one.</p>
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		<title>How to Make a Killer iPad Ad</title>
		<link>http://allthingsd.com/20101013/how-to-make-a-killer-ipad-ad/</link>
		<comments>http://allthingsd.com/20101013/how-to-make-a-killer-ipad-ad/#comments</comments>
		<pubDate>Wed, 13 Oct 2010 13:23:39 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=24450</guid>
		<description><![CDATA[It's the very, very early days for iPad advertising--just about any tablet-specific ad you see today is an experiment. But Cond&#233; Nast thinks it has learned enough in the past few months to offer a few tips to marketers.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2010/08/Glamour-iPad.jpg"><img class="alignright size-medium wp-image-22126" title="Glamour iPad" src="http://mediamemo.allthingsd.com/files/2010/08/Glamour-iPad-227x300.jpg" alt="" width="227" height="300" /></a>It&#8217;s the very, very early days for iPad advertising&#8211;just about any tablet-specific ad you see today is an experiment. But Cond&eacute; Nast thinks it has learned enough in the past few months to offer a few tips to marketers. Those would be the same marketers Cond&eacute; hopes will buy ads on its iPad apps, of course.</p>
<p>The publisher is rolling out its &#8220;best practices&#8221; for iPad ad makers this morning, via a press release and presentation. Most of this stuff seems like common sense to me: Take advantage of Apple&#8217;s (AAPL) device, but make sure readers know how to engage with the ad, etc. But again, it&#8217;s the very early days, and if you haven&#8217;t spent much time with the tablets, it will be news to you.</p>
<p>Ditto for the other findings in Cond&eacute;&#8217;s research, which I would find more interesting if the publisher put them out in raw data form instead of qualitative assertions. But Cond&eacute; thinks it&#8217;s worth sharing with the outside world. So if you want to take a look, too:</p>
<blockquote class="memo"><p>CONDÉ NAST RESEARCH OFFERS KEY CONSUMER INSIGHTS INTO<br />
iPAD DIGITAL MAGAZINE APPLICATION ENGAGEMENT AND EXPECTATIONS</p>
<p>Results pave way for initial recommendation of “5 Best Practices” for advertisers</p>
<p>NEW YORK, October 13, 2010 – Condé Nast, which was the first magazine publisher to offer digital magazines on the iPhone and iPad, released key insights today derived from the first stage of a multi-phase research initiative evaluating consumer engagement. Based on over 100 hours of one-on-one interviews and more than 5,000 in-app surveys this early feedback on overall consumer usability, expectations, and sentiment has shaped initial recommendations on “best practices” for advertisers. Brands included in the study were GQ, Vanity Fair, Wired and Glamour.</p>
<p>Overall iPad and brand experience:<br />
“We continue to see that reader engagement with our digital magazines apps, in terms of time spent, is on par with or exceeds our print editions,” said Scott McDonald, SVP market research, Condé Nast. “We were surprised to find however that many iPad users surveyed were not the typical tech “early adopter” or familiar with Apple products and their navigation conventions.  This has very important implications for application interface design.”</p>
<p>Specific to Condé Nast digital magazines, eight in ten reported that the content and experience associated with the brands met or surpassed their expectations, and 83% reported a likelihood to purchase the next month’s digital issue. Eighty-nine percent felt the apps were easy to use and, on the whole, users showed little sensitivity to download times.</p>
<p>It was also noted that users preferred to read the magazines in portrait mode, but chose to watch video in the landscape orientation. There was also an expectation for flexibility in buying options, e.g., a single copy purchase, a digital subscription or supplement to their print subscription.</p>
<p>Advertising:<br />
User recall and enjoyment were the basis for establishing the overall success of a particular ad.</p>
<p>The study showed that readers expected to find ads in digital magazines and expressed that their inclusion was an enhancement to the experience, which is often the case with printed magazines.</p>
<p>“When we initiated our R &amp; D phase, we felt strongly that by choosing a multi-advertiser model for our digital magazines it would enable us to garner some valuable learning that we could pass on to our clients,” said Condé Nast Chief Marketing Officer Lou Cona. “With such a rapidly changing marketplace, we expect behaviors to evolve quickly; however, our initial results enable us to offer clients our five best practices for producing successful digital magazine creative, insights we feel will be helpful as the industry navigates this new medium.”</p>
<p>Condé Nast’s five best practices for creating advertising that will engage and resonate with the user:<br />
1.     Take advantage of This New Medium’s functionality: Users responded positively to the additional functionality of the iPad. Therefore advertisers that included compelling and unique experiences, that were self contained and exclusive to the environment, were liked more than those that did not. Increased opportunities for engagement including video, photo galleries and links to websites are recommended.</p>
<p>2.     Provide Clear Instructions on How to Engage with Your App: As many surveyed were not familiar with iPad navigation, ads that included clear calls to action and cues on how to engage the creative were more effective. Icons should be clearly visible and intuitive and state whether more content or additional functionality can be found.</p>
<p>3.     Supply Additional Information but Avoid Repurposing Creative Assets Used for Other Media: Users enjoyed advertisements that provided something new and useful. Including detailed product info and how-to’s are recommended, however re-purposing video or creative used for other mediums is not suggested.</p>
<p>4.     Tell A Story: The most remembered ads contained narratives. The iPad’s ability to showcase various forms of media offers a unique opportunity for telling a brands’ story.  However, it was discovered that users became bored when the same advertisement was used repeatedly throughout a single application.</p>
<p>5.     Lead Them Down the Purchase Funnel: Brands that enabled a user to directly access and purchase the featured product faired better than companies who offered homepage links alone. It is also recommended that due to compatibility issues, Flash not be used.</p></blockquote>
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		<title>Another Magazine App? Yep. But This One&#039;s For the Ladies: Cond&#233; Nast Brings Glamour to the iPad.</title>
		<link>http://allthingsd.com/20100803/another-magazine-app-yep-but-this-ones-for-the-ladies-conde-nast-brings-glamour-to-the-ipad/</link>
		<comments>http://allthingsd.com/20100803/another-magazine-app-yep-but-this-ones-for-the-ladies-conde-nast-brings-glamour-to-the-ipad/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 10:00:13 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=22111</guid>
		<description><![CDATA[GQ. Popular Mechanics. Sports Illustrated. Wired. Notice a trend here? Time to try an iPad magazine for the xx set.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2010/08/Glamour-iPad.jpg"><img class="alignright size-medium wp-image-22126" title="Glamour iPad" src="http://mediamemo.allthingsd.com/files/2010/08/Glamour-iPad-227x300.jpg" alt="" width="227" height="300" /></a>It&#8217;s getting increasingly difficult to justify writing about a new iPad magazine app, but what the heck: Cond&eacute; Nast has new iPad magazine app!</p>
<p>This one&#8217;s from Glamour, and you can check it out for yourself at <a href="http://itunes.apple.com/us/app/glamour-magazine/id377712868?mt=8">iTunes</a>. If you&#8217;re very impatient, you can see a promotional video at the bottom of this post.</p>
<p>A quick rundown of things you should know about this one:</p>
<ul>
<li>Like Cond&eacute;&#8217;s GQ and Vanity Fair apps, this one was built in-house, as opposed to <a href="http://mediamemo.allthingsd.com/20100526/wireds-flash-free-app-makes-on-to-the-ipad-after-all/">Cond&eacute;&#8217;s Wired app</a>, which was built with Adobe&#8217;s (ADBE) <a href="http://mediamemo.allthingsd.com/20100430/hard-labor-adobe-rebuilds-its-wired-magazine-app-line-by-line-to-fit-apples-flash-free-agenda/">somewhat</a> <a href="http://mediamemo.allthingsd.com/20100408/did-apple-just-kick-adobe-and-wired-magazine-in-the-teeth/">controversial</a> <a href="http://mediamemo.allthingsd.com/20091118/conde-nasts-offering-for-apples-mystery-tablet-wired-magazine/">assistance</a>. Casual readers may not tell the difference, but the performance of the two sets of apps is of intense interest to Cond&eacute;, which is trying to figure out which way to go. The New Yorker is scheduled to get the Adobe treatment next.</li>
<li>The app sells for $3.99, the same as the print edition. That could change down the line, because Cond&eacute; is in R&amp;D mode right now. Cond&eacute; would also like to sell its own subscriptions for this stuff, but so far, it can&#8217;t. <a href="http://mediamemo.allthingsd.com/20100728/time-inc-s-ipad-problem-is-trouble-for-every-magazine-publisher/?reflink=ATD_yahoo_ticker">Just like every other magazine publisher</a>.</li>
<li>A new twist for this app: Readers can tap on certain images and get whisked off to a Web page where they can buy the item. Cond&eacute; doesn&#8217;t get a slice of any sale, but that could change down the line.</li>
<li>Excitement over the iPad goosed ad sales for Glamour&#8217;s September issue, which clocks in at 420 pages. That&#8217;s the highest total in 23 years. On the flip side, producing the app took real resources, says editor Cindi Leive. &#8220;It&#8217;s definitely a lot of work, but we&#8217;re not complaining. It&#8217;s 1,000 percent worth it.&#8221;</li>
<li>Not to put too fine a point on it, but Apple&#8217;s (AAPL) App Store, and particularly the iPad department, skews very dude-heavy. This is one of the first iPad apps&#8211;and the first magazine app, I believe&#8211;built with the ladies in mind.</li>
</ul>
<p>So, ladies&#8211;what do you think?</p>
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		<title>Cond&#233; Nast’s Plans for iPad Ads Become Clearer</title>
		<link>http://allthingsd.com/20100402/conde-nast%e2%80%99s-plans-for-ipad-ads-become-clearer/</link>
		<comments>http://allthingsd.com/20100402/conde-nast%e2%80%99s-plans-for-ipad-ads-become-clearer/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 21:30:00 +0000</pubDate>
		<dc:creator>Russell Adams</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=23471</guid>
		<description><![CDATA[On the eve of GQ magazine’s debut on the iPad, how its publisher plans to sell advertising on the device is coming into focus. Cond&#233; Nast, whose app for GQ is available in the App Store for $2.99, has signed five advertisers for the first issue of GQ under an arrangement that will be used across all titles, which include Vanity Fair, Wired and the New Yorker.]]></description>
				<content:encoded><![CDATA[<p>On the eve of GQ magazine’s debut on the iPad, how its publisher plans to sell advertising on the device is coming into focus. Cond&eacute; Nast, whose app for GQ is available in the App Store for $2.99, has signed five advertisers for the first issue of GQ under an arrangement that will be used across all titles, which include Vanity Fair, Wired and the New Yorker.</p>
<p>Advertisers&#8217; exposure in the iPad editions of Cond&eacute; Nast titles will reflect the level of their investment in the print edition.</p>
<p>All advertisers in the print edition will appear similarly in the iPad’s &#8220;landscape&#8221; format, which is a replica of the print edition. A select group of advertisers who buy the most pages in that issue of the magazine will get &#8220;premium&#8221; placement in the iPad edition, meaning their ads will have added features like video and links to the Web. Those ads will appear in the apps&#8217; &#8220;portrait&#8221; mode, the version of the magazine that includes extra functions like video and slideshows.</p>
<p><a href="http://blogs.wsj.com/digits/2010/04/02/conde-nasts-plans-for-ipad-ads-become-clearer/">Read the rest of this post on the original site</a></p>
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		<title>Twitter Roundup: Goodbye to Legendary Fashion Photographer Irving Penn</title>
		<link>http://allthingsd.com/20091008/twitter-roundup-goodbye-to-legendary-fashion-photographer-irving-penn/</link>
		<comments>http://allthingsd.com/20091008/twitter-roundup-goodbye-to-legendary-fashion-photographer-irving-penn/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 21:53:31 +0000</pubDate>
		<dc:creator>Elva Ramirez</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=16405</guid>
		<description><![CDATA[Legendary fashion photographer Irving Penn created some of fashion’s most iconic images over his six decade collaboration with Vogue magazine. He died last night at age 92. Goodbyes and eulogies started on Twitter late last night and continue through the morning.]]></description>
				<content:encoded><![CDATA[<p>Legendary fashion photographer Irving Penn created some of fashion’s most iconic images over his six decade collaboration with Vogue magazine. He died last night at age 92. Goodbyes and eulogies started on Twitter late last night and continue through the morning.</p>
<p><a href="http://www.twitter.com/womensweardaily">@womensweardaily</a> (Women’s Wear Daily): Master photographer Irving Penn dies at 92. WWD looks back on his career</p>
<p><a href="http://www.twitter.com/fashionista_com">@Fashionista_com</a> (fashion blog): RIP Irving Penn. You will be so greatly missed.</p>
<p><a href="http://www.twitter.com/vanityfairmag">@vanityfairmag</a> (Vanity Fair magazine): RIP Irving Penn. Here are six covers he did for Vanity Fair in 1983/84</p>
<p><a href="http://www.twitter.com/narsissist">@NARSissist</a> (NARS cosmetics): We’ll miss you Irving Penn….</p>
<p><a href="http://blogs.wsj.com/runway/2009/10/08/twitter-roundup-goodbye-to-legendary-fashion-photographer-irving-penn/">Read the rest of this post on the original site</a></p>
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		<title>Here Are the Condé Nast Cuts: Modern Bride, Elegant Bride, Gourmet, Cookie Closing</title>
		<link>http://allthingsd.com/20091005/here-are-the-conde-cuts-modern-bride-elegant-bride-gourmet-cookie-closed/</link>
		<comments>http://allthingsd.com/20091005/here-are-the-conde-cuts-modern-bride-elegant-bride-gourmet-cookie-closed/#comments</comments>
		<pubDate>Mon, 05 Oct 2009 14:56:55 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=11719</guid>
		<description><![CDATA[Here are the long-awaited cuts that Cond&#233; Nast has been mulling: Modern Bride, Elegant Bride, Gourmet and Cookie are all closing. More details via an internal memo from CEO Chuck Townsend.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/03/conde-nast-building.jpg"><img class="alignright size-medium wp-image-4926" title="conde-nast-building" src="http://mediamemo.allthingsd.com/files/2009/03/conde-nast-building-300x168.jpg" alt="conde-nast-building" width="250" height="140" /></a>Here are some of the long-awaited cuts that Cond&eacute; Nast has been mulling: The publisher is shuttering Modern Bride, Elegant Bride, Gourmet and Cookie.</p>
<p>It&#8217;s not a huge shock to see some of those titles go: Cookie, for instance, wasn&#8217;t a prestige title for Cond&eacute;&#8211;like Domino, which the publisher closed down earlier this year, it was founded in 2005.</p>
<p>But Gourmet is one of Cond&eacute; Nast&#8217;s most famous titles, and editor <a href="http://www.ruthreichl.com/">Ruth Reichl</a> is one of Cond&eacute;&#8217;s best-known editors. Most observers would have figured that Bon App&eacute;tit would go instead. CEO Chuck Townsend says the Gourmet brand will live on, zombie-style, via TV and publishing deals.</p>
<p>Cond&eacute; has long cultivated a reputation as the magazine world&#8217;s most glamorous outpost, impervious to the petty concerns that bedeviled lesser folk. But the double-punch of the ad industry&#8217;s move away from print titles and a recession that pole-axed the luxury brands Cond&eacute; depends on, has staggered the publisher. (Disclosure: I do some free-lance work for Cond&eacute; title Vanity Fair).</p>
<p>Signs of trouble showed up late last year when the publisher made uncharacteristic staffing cuts. And in 2009, it began shuttering magazines: In addition to Domino, it <a href="http://mediamemo.allthingsd.com/20090427/is-conde-nast-shuttering-portfolio/">closed Portfolio in April</a>, just two years after a high-profile launch.</p>
<p>By July, Townsend had brought on consultants from McKinsey and Company to help figure out where else it could trim; the news that <a href="http://mediamemo.allthingsd.com/20090721/heres-why-mckinseys-coming-to-conde-nast-the-coming-black-september/">September ad pages would be down anywhere from 17 percent to 47 percent</a> made it clear that other titles would be going.</p>
<p>I wouldn&#8217;t expect this to be the last big set of magazine cuts, by the way: <a href="http://mediamemo.allthingsd.com/20090928/time-warner-dumping-its-magazines-not-so-fast/">Time Warner (TWX), for instance, has made it clear that it wants to hang on to Time Inc.</a> but that it thinks the publisher employs too many people who produce too many titles.</p>
<p>Here are the details on the Cond&eacute; cuts, via an internal memo (intended for public consumption) from Chuck Townsend:</p>
<blockquote class="memo"><p>From: &#8220;Townsend, Chuck&#8221;<br />
Date: Mon, 5 Oct 2009 10:16:52 -0400<br />
To: Conde Nast Publications-All &lt;_273fee@condenast.com&gt;<br />
Conversation: Announcing Changes within Condé Nast<br />
Subject: Announcing Changes within Condé Nast</p>
<p>We have now completed an extensive review of our business&#8211;an important undertaking given the dramatic changes in the U.S. economy. The review has led us to a number of decisions designed to navigate the company through the economic downturn and to position us to take advantage of coming opportunities.</p>
<p>Condé Nast’s success comes from the ability of our publications to attract readers with a wide range of interests, as well as advertisers who value them. But in this economic climate it is important to narrow our focus to titles with the greatest prospects for long-term growth.</p>
<p>As a result of our review, Brides will increase its frequency to monthly to solidify its position as the most important brand in the bridal category, and Modern Bride and Elegant Bride will close.</p>
<p>Gourmet magazine will cease monthly publication, but we will remain committed to the brand, retaining Gourmet’s book publishing and television programming, and Gourmet recipes on Epicurious.com. We will concentrate our publishing activities in the epicurean category on Bon Appétit.</p>
<p>Finally, Cookie magazine will be discontinued, and resources that had been dedicated to its publishing will be invested elsewhere.</p>
<p>The editorial and business staffs of Modern Bride, Elegant Bride, Gourmet, and Cookie all have earned their magazines large and devoted followings. We have been proud to publish these titles, and we are grateful to the staffs for their hard work and dedication.</p>
<p>These changes, combined with cost and workforce reductions now underway throughout the company, will speed the recovery of our current businesses and enable us to pursue new ventures. In the coming weeks, we hope to announce initiatives to develop digital versions of our brands that will make use of new devices and distribution channels.</p>
<p>Condé Nast is now in its 100th year of creating the most respected and iconic brands in the publishing world. These changes will ensure that our unique publishing company will continue in its preeminent position for many years to come.</p></blockquote>
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		<title>Here's Why McKinsey's Coming to Condé Nast: The Coming Black September</title>
		<link>http://allthingsd.com/20090721/heres-why-mckinseys-coming-to-conde-nast-the-coming-black-september/</link>
		<comments>http://allthingsd.com/20090721/heres-why-mckinseys-coming-to-conde-nast-the-coming-black-september/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 16:53:26 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=9493</guid>
		<description><![CDATA[Here's why Cond&#233; Nast is bringing in McKinsey &#38; Co. for an emergency overhaul: The publisher's lousy year isn't getting any better. New numbers out today show that Cond&#233;'s September issues will be miserable across the board, with ad pages down anywhere from 17 percent to 47 percent. And that's if you interpret the data favorably.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/03/conde-nast-building.jpg"><img class="alignright size-medium wp-image-4926" title="conde-nast-building" src="http://mediamemo.allthingsd.com/files/2009/03/conde-nast-building-300x168.jpg" alt="conde-nast-building" width="250" height="140" /></a>Here&#8217;s why Condé Nast is bringing in McKinsey &amp; Co. for an emergency overhaul: The publisher&#8217;s lousy year isn&#8217;t getting any better. New numbers Condé released today show that its September issues will be miserable across the board, with ad pages down anywhere from 17 percent to 47 percent. And that&#8217;s if you interpret the data favorably.</p>
<p>CEO Chuck Townsend said as much in a <a href="http://gawker.com/5318869/the-management-consultants-who-will-end-conde-nast-as-we-know-it?skyline=true&amp;s=x">memo</a> yesterday announcing that he&#8217;d hired McKinsey to figure out how to survive &#8220;in an emerging economy that is now predicted to be painfully slow in recovering.&#8221;</p>
<p>But when you see Condé&#8217;s projected numbers for its fall issues, which are traditionally bulging with ads, it&#8217;s even more startling. Particularly when you realize that the economy had already been slowing down a year ago (Disclosure: I do some free-lance work for Condé title Vanity Fair).</p>
<p>Take a look for yourself in the table below (click to enlarge): The numbers in the middle (faintly highlighted in blue) represent the year-over-year decline in ad pages, if you factor out the publisher&#8217;s special &#8220;Fashion Rocks&#8221; issues, which it gave up on last year. The more brutal numbers on the right are the &#8220;real&#8221; numbers. All of them are unpleasant.</p>
<p>Using the more favorable set of numbers, Teen Vogue is Condé&#8217;s relative star, down a mere 17 percent. And if Vogue was a publicly traded stock, it would have beaten expectations, since it came in above 400 pages&#8211;which is still down 29.7 percent (or more).</p>
<p><a rel="lightbox" href="http://mediamemo.allthingsd.com/files/2009/07/conde-nast-september.png"><img class="alignnone size-full wp-image-9496" title="conde-nast-september" src="http://mediamemo.allthingsd.com/files/2009/07/conde-nast-september.png" alt="conde-nast-september" width="350" height="246" /></a></p>
<p>Not included the above chart: Totals for The New Yorker, Golf World, Modern Bride or Elegant Bride, since they aren&#8217;t monthlies and don&#8217;t have comparable September issues.</p>
<p>And here&#8217;s a trailer for &#8220;The September Issue,&#8221; a much-buzzed about documentary about Vogue&#8217;s effort to put out&#8230;well, you can figure it out.</p>
<p><object width="350" height="212" data="http://www.youtube.com/v/S9-bAwz9uWk&amp;hl=en&amp;fs=1&amp;" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/S9-bAwz9uWk&amp;hl=en&amp;fs=1&amp;" /><param name="allowfullscreen" value="true" /></object></p>
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		<title>Sarah Palin Is a Hit for Vanity Fair. But She's No Jessica Simpson&#8211;Or Miley Cyrus!</title>
		<link>http://allthingsd.com/20090706/sarah-palin-is-a-hit-for-vanity-fair-but-shes-no-jessica-simpson-or-miley-cyrus/</link>
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		<pubDate>Mon, 06 Jul 2009 20:05:08 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=8987</guid>
		<description><![CDATA[Vanity Fair's prescient decision to put all of Todd Purdum's Sarah Palin profile on the Web last week paid off big on Friday. But it would have done even better had the story featured a slideshow with photographs of attractive young women.]]></description>
				<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/07/sarah-palin-vf.jpg"><img class="alignright size-medium wp-image-8990" title="sarah-palin-vf" src="http://mediamemo.allthingsd.com/files/2009/07/sarah-palin-vf-243x300.jpg" alt="sarah-palin-vf" width="243" height="300" /></a>The punditocracy is still trying to figure out why Sarah Palin is bailing on her day job. But over at Cond&eacute; Nast&#8217;s Vanity Fair, they&#8217;ve got better things to do&#8211;like tallying page views for Todd Purdum&#8217;s <a href="http://www.vanityfair.com/politics/features/2009/08/sarah-palin200908">buzzy feature story</a> on the soon-to-be former governor of Alaska.</p>
<p>The story went up on <a href="http://www.vanityfair.com/">VF.com</a> six days ago and has generated just under two million page views since then, says executive online editor Michael Hogan. (Disclosure: I&#8217;ve been a free-lance contributor to Vanity Fair&#8217;s <a href="http://www.vanityfair.com/online/newestablishment">&#8220;New Establishment&#8221;</a> list in the past and will be again this year). Had Palin not made her blockbuster announcement on the Friday before the Fourth of July, the piece would be doing even better: Vanity Fair generated more traffic on the Tuesday the story was posted than the day after Palin made her news.</p>
<p>Still, it&#8217;s a big coup for the magazine&#8217;s site. The only way to generate more attention would be to run a slideshow featuring young attractive women.</p>
<p>Which the site can also do: Its story-and-photo package on <a href="http://www.vanityfair.com/culture/features/2009/06/jessica-simpson-slideshow200906">Jessica Simpson</a>, which ran in May, attracted 5.5 million page views to the site over a two-day period. Vanity Fair has generated 85 million page views so far this year, Hogan says.</p>
<p>And if you <em>really</em> want to generate traffic, run slideshows featuring very young attractive women. Last year the magazine&#8217;s 18-picture slideshow featuring a kind-of-topless <a href="http://www.vanityfair.com/culture/features/2008/06/miley_slideshow200806?slide=2#globalNav">Miley &#8220;Hannah Montana&#8221; Cyrus</a> attracted some <a href="http://www.businessinsider.com/2008/4/topless-miley-cyrus-record-traffic-for-vanity-fair">18 million page views</a> in a couple of days.</p>
<p>None of that will be terribly surprising to people who&#8217;ve wallowed in Web publishing for any amount of time. What surprised me a bit, though, was Vanity Fair&#8217;s decision to publish the piece in its entirety from the start. Doesn&#8217;t that cannibalize newsstand sales?</p>
<p>Maybe, says Hogan. But &#8220;it&#8217;s an open question as to what costs newsstand and what doesn&#8217;t.&#8221; And as the magazine tries to figure that out, he says, it has been experimenting. Some stuff goes up online before the magazine hits newsstands, while other pieces won&#8217;t appear on the site until a month later.</p>
<p>In the case of the Palin piece, the magazine had originally prepared to run an excerpt/summary of the story at first, then make the whole thing available by the end of the month after the news cycle was extinguished.</p>
<p>But on Friday, June 26, a few days before the excerpt was scheduled to run online, the magazine rethought its plan, assuming that the piece would be widely quoted and discussed before most people would ever see it. &#8220;The PR department started getting concerned that it was going to be controversial, and they wanted people to read the whole thing, and draw their own conclusions,&#8221; Hogan says. The final call went to Editor-in-Chief Graydon Carter, who, I gather, isn&#8217;t really much of a Web guy.</p>
<p>Meanwhile, I&#8217;m still waiting to read <a href="http://www.vanityfair.com/online/politics/2009/06/the-man-who-crashed-the-world.html">Michael Lewis&#8217;s latest piece for the magazine, on AIG&#8217;s (AIG) notorious &#8220;financial products&#8221; division</a>. That one&#8217;s only available, for now, in excerpt form online, which means I&#8217;m actually going to have pay cash to read it, or wait a few hours&#8211;Hogan says it should be available in full later today.</p>
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		<title>Yahoo Telenovela to Get the Vanity Fair Treatment</title>
		<link>http://allthingsd.com/20090402/yahoo-telenovela-to-get-the-vanity-fair-treatment/</link>
		<comments>http://allthingsd.com/20090402/yahoo-telenovela-to-get-the-vanity-fair-treatment/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 19:00:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11428</guid>
		<description><![CDATA[Misguided managers, Luddite corporate raiders, a thuggish hostile takeover from a software giant, a revolving door of employees, a dash of Internet moolah and a tough-talking lady CEO to the rescue! Also some Googzilla action thrown in for good measure.

Of course, it has all the elements of a good story for Vanity Fair magazine!

Actually, Yahoo has all the elements of a good Mexican telenovela, but it's only a magazine article that is apparently in the cards to chronicle the stumbles and bumbles of the Internet giant.]]></description>
				<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/telenovelas.jpg"><img src="http://kara.allthingsd.com/files/2009/03/telenovelas-250x266.jpg" alt="telenovelas" title="telenovelas" width="250" height="266" class="alignright size-medium wp-image-11429" /></a></p>
<p>Misguided managers, Luddite corporate raiders, a dramatic hostile takeover from a software giant, a revolving door of employees, a dash of Internet moolah and a tough-talking lady CEO to the rescue! And even some <em>Googzilla</em> action thrown in for good measure.</p>
<p>Of course, it has all the elements of a good story for Vanity Fair magazine!</p>
<p>Actually, Yahoo (YHOO) has all the elements of a good Mexican telenovela, but it&#8217;s only a magazine article that is apparently in the cards to chronicle the stumbles and bumbles of the Internet giant.</p>
<p>According to sources at both Microsoft (MSFT) and Yahoo, well-known Silicon Valley scribe and author <a href="http://www.alandeutschman.com/index.htm">Alan Deutschman</a> has contacted the companies about a piece he is doing about the company&#8211;and, presumably, its tangles with various Web powers like Google (GOOG) and Microsoft&#8211;for the Condé Nast-owned Vanity Fair.</p>
<p>BoomTown&#8217;s efforts to contact Deutschman to find out the particulars were, alas, unreturned as yet.</p>
<p>But it goes without saying that our site&#8217;s huge archive on Yahoo&#8217;s hijinks&#8211;with much more to come soon, including memos I tag with secret codes too, much as sources tell me Yahoo does these days under new CEO Carol Bartz to prevent leaks&#8211;is free of charge to him for research.</p>
<p>Until then, here is my personal favorite Yahoo-related video about the awkward dinner former CEO and co-founder Jerry Yang finally had with me after a year of haranguing:</p>
<p><embed src="http://services.brightcove.com/services/viewer/federated_f8/452319854" bgcolor="#FFFFFF" flashVars="videoId=1816458257&#038;playerId=452319854&#038;viewerSecureGatewayURL=https://console.brightcove.com/services/amfgateway&#038;servicesURL=http://services.brightcove.com/services&#038;cdnURL=http://admin.brightcove.com&#038;domain=embed&#038;autoStart=false&#038;" base="http://admin.brightcove.com" name="flashObj" width="380" height="313" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></p>
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