May 3, 2014
THE WORLD’S MOST EXPENSIVE DOLLAR BILL: “The Fall of Tina Brown & Newsweek Cost $100 Million,” from John Nolte at Big Journalism.
And note this:
Tina Brown spoke to Politico for their article. Which means…
….you get to read a quote from a left-wing Democrat who blames one of the biggest failures in publishing history in part on an “intractable union”:
“You know, you try it. You try taking over a magazine that was already dead, that was losing a fortune, that had an intractable union as well, so you were carrying 80 people who you couldn’t even replace, where you didn’t have any management left. At one point, I was having to be the editor, the managing editor and the executive editor. I mean, it was agony.”
Hey, when the Washington Post owned the magazine, they tried to warn us all on their cover that when it comes to Newsweek, “We Are All Socialists Now,” but evidently Tina missed the memo.