Make ‘Em Spend It All, Tina! The latest issue of Newsweek has six (6) ads in it. That barely covers Lloyd Grove’s salary, let alone Kurtz and the bloated Dishocracy. … Newsweek says this is “actually ahead of plan,” according to Business Insider. That’s what kausfiles says too! But the point of giving Newsweek to Tina Brown was that Madison Ave. would have instant faith in her ability to turn out a product they’d want their clients to advertise in. It looks as if Madison Ave. saw the first few issues and decided otherwise. …
Note: After this item was posted news came that one of Newsweek’s owners, Sidney Harman, had died. Jonathan Alter’s remembrance is here.