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After months of extensions, American Media Inc. has completed a financial restructuring that gives bondholders 95 percent of the company's stock.

PARTY CONTINUES: The New Yorker is going to extend its New Yorker Festival to 10 days from the usual weekend schedule to mark the event’s 10th anniversary. This year’s program will run from Oct. 9-18, with several bigger gatherings on the weekdays leading up to the weekend’s roster of between 50 and 55 events. On the schedule so far is a Free Poetry Event hosted by New Yorker poetry editor Paul Muldoon; a special Fiction Live event where actors will read fiction pieces from the magazine; New Yorker Writers on The New Yorker, an event co-hosted by The Moth, and “View of the World from Ninth Avenue,” where New Yorker writers will read from the magazine’s stories about Gotham City (the name of the event borrows from Saul Steinberg’s famous New Yorker cover). An online auction will also offer 10 special experiences, each involving a writer for the magazine — one big spender will earn a cartoon portrait of their family by artist Roz Chast. Last year’s event attracted 16,000 attendees, but the expanded event calendar could allow for 20,000. This year, a portion of the proceeds from the event will benefit the newly created New Yorker Festival fund, benefitting the Harlem Childrens’ Zone.

— S.D.S.


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