Word: hearstly
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...definitive litmus test, and Oscar failed it. At the top of nearly every critics' poll as the best film of all time, Orson Welles' debut movie was praised to the skies when it opened in 1941. But the resemblance of Charles Foster Kane to publisher William Randolph Hearst cued a campaign to suppress the movie, and Kane flopped in its initial release. In addition, many in the industry rankled at Welles' boy-genius rep and may have resented the freedom this first-timer was given by his studio, RKO. Under these circumstances, it's probably a miracle that the film...
Cathie Black is sitting as close to the top of the world as you can get in midtown Manhattan. In her corner office on the 43rd floor of the shimmering new Hearst Tower, Black, the president of Hearst Magazines, gazes through her floor-to-ceiling windows at Central Park to the north and the Hudson River to the west. Tall, blond, self-confident, Black has a style that's polished to a high gloss...
...Edward Atorino, a managing director at Benchmark, a brokerage firm in New York City. "Everybody thinks the Internet is the only place where things are happening, but the women's magazine field is not getting the attention that it deserves." Ad revenues in Black's division, a unit of Hearst Corp., have tripled since she took over, soaring to $2.5 billion in 2006, from $841 million in 1996. The magazines are being powered by the rising incomes and aspirations of women, the prime consumers of lifestyle, fashion and celebrity titles...
...though, about her belly flops, most notably Talk magazine. Its superstar editor, Tina Brown, hosted "the party of the decade" to launch the celebrity and politics magazine in 1999, but it never connected with readers and went out of business two years later. In her book, Black admits that Hearst was seduced by the hype around the magazine. "Don't allow the siren song of the buzz to keep you from paying sufficient attention to the basics," she cautions...
...would need that perspective when she arrived at Hearst. Black had already proved herself; now she would have to prove that there was still life left in the old magazine industry. "It's time to blow the dust off the curtains at Hearst!" she announced at a management conference. And she did. Black launched O: The Oprah Magazine in 2000, which has generated $1.3 billion in ad revenue since then and all but invented a new category, the celebrity-driven lifestyle and self-help magazine...