Word: murdochs
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From his new command center at the New York Post, which he now refers to as his U.S. flagship publication, Australian Press Lord Rupert Murdoch spent last week consolidating his control of his latest acquisitions, New York magazine, the Village Voice and New West. That meant a lot of changes-new faces, new plans. After committing $45 million for two corporations that both lost money last year (TIME cover Jan. 17), Murdoch needs to steer them into a quick turnaround...
...center of the turmoil was New York magazine. Murdoch's peppery new editor, James Brady, 48, fought his way through snow and ice on Monday morning to find his office scarcely less chilling. There to greet him was a sheaf of resignations. Departing were not only the magazine's creator and editor, Clay Felker, but also Design Director Milton Glaser, Managing Editor Byron Dobell (who agreed to stay through a brief transition) and 20 other editorial hands, including such notables as Tom Wolfe, Financial Writer George ("Adam Smith") Goodman, Washington Reporter Richard Reeves, Ms. Editor Gloria Steinem, Press...
...become editorial director and publisher of Harper's Bazaar. There he stirred things up with a new approach to fashion photography that involved action and realism but unfortunately obscured the clothes. Readers objected, and he was fired a year later, in 1972. As a freelancer before joining Murdoch in 1974, Brady wrote for New York and even played third base on the magazine's softball team-a connection that he now sees as valuable in establishing "a reservoir of good will...
Some regard Brady as only an interim editor, sent in to keep New York functioning until Murdoch finds the editor he wants. But Brady is busily making plans to refocus the magazine on local coverage. Says he: "This is to an important degree a service magazine, not a magazine of national affairs. It's a guide on how to live better in New York...
Although many of the magazine's big names are gone, 90% of the regular staffers have chosen to remain-perhaps because, unlike the writers with contracts and outside assignments, they depend more on their salaries. They also got two reassuring visits from Murdoch himself. Said Financial Writer Dan Dorfman: "I'm accustomed to writing pieces that offend advertisers and friends of the editor. Will I still have that same freedom?" Said Murdoch: "Write about anything you please, even me, but just be sure you're right...