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...million. The paper's principal owners, Millionaire City Councilman Carter Burden and Voice President Bartle Bull, received $800,000 in cash and 600,000 shares of New York Magazine Co. stock, which amounts to 34% of the outstanding shares. For New York Editor and Publisher Clay Felker, 45, who is also president of the parent company, acquisition of the Voice added a new dimension to his journalistic career. Felker joined Time Inc. in 1951 and worked as a LIFE correspondent in New York and Washington before moving to Esquire as feature editor in 1957. Hired as editor...

Author: /time Magazine | Title: The Press: The Odd Couple | 6/17/1974 | See Source »

...profile by Quinn's former Post colleague (and now former friend) Aaron Latham, she was portrayed as a sassy bundle of ambition who was more interested in capital sex than politics. Quinn called the story an "incredible hatchet job" and at tributed it to New York Editor Clay Felker's resentment because she recently turned down a job offer from him. According to Quinn, Felker said, "Sally, you were born to be a star, and you should have let me make you one," then slammed down the phone. Replies Felker: "Sally is a goddamn liar...

Author: /time Magazine | Title: Television: Sallying Forth | 8/20/1973 | See Source »

...shakedown period convinced Editor Clay Felker that his best hope for attracting the educated, high-income reader lay in appealing to the city dweller's basic self-interest. The "how to" article became a staple, from "Taking Advantage of Tax Shelters" to "How to Eat Cheaply at High-Priced Restaurants." Says Felker: "We as journalists looked too long and too lovingly at the hippies, yippies, protesters and rock groups. They are no longer, to use the clichéé, relevant. What is relevant is that you can go broke on $80,000 a year, that...

Author: /time Magazine | Title: Magazines: A Year of New York | 4/11/1969 | See Source »

This spring, when Clay Felker revived New York, which had died with the World-Journal-Tribune, Gloria found her medium. Finally, she could write freely on sociology and politics. Says Felker breathlessly and in terms appropriate to a sort of junior Mary McCarthy or a Colette reborn: "She is a modern woman, independent and activist, a beautiful, intelligent, with-it, extraordinarily well-informed, first-class brain." When she practices instant sociology, the first-class brain slips occasionally. Her recent "Notes on the New Marriage" between dominating women and homosexual men contained a fascinating idea, but was flawed by superficiality...

Author: /time Magazine | Title: Reporters: Thinking Man's Shrimpton | 1/3/1969 | See Source »

...first issue contains 136 pages, with 64 pages of advertising, including the much-prized Fifth Avenue retailers. After an inventive promotion campaign offering winners such awards as a dinner with Mayor Lindsay or a personal bench in Central Park, an encouraging 60,000 people have subscribed. Editor Clay Felker hopes that newsstand sales will boost circulation to more than...

Author: /time Magazine | Title: Magazines: New York Revival | 4/5/1968 | See Source »

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