Most Recent Articles In Memo Pad
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BRADY ARRANGEMENTS: James W. Brady’s funeral mass will be held Saturday at 10 a.m. at St. Ignatius Loyola Church at 980 Park Avenue (at 84th Street). The wake will be held tonight from 6 p.m. to 9 p.m., as well as Friday from 2 p.m. to 4 p.m. and 7 p.m. to 9 p.m., at Frank E. Campbell’s Funeral Chapel at 1076 Madison Avenue (at 81st Street). Brady, former WWD publisher, Page Six founder, columnist and author, died Tuesday at his Manhattan home at age 80. — Rosemary Feitelberg
MONEY MAKER: Speaking of 4 Times Square, the consolidation of Condé Nast Digital this week was described as “a growth based consolidation, not a cost cutting consolidation,” by chief executive Charles Townsend. Now the company is looking to hire a chief revenue officer for the division to figure out how to make money out of its online properties. A spokeswoman for CondéNet Digital confirmed the move. So far, one name has come up for consideration: Drew Schutte, vice president and publisher of The New Yorker, and a former publisher of Wired. The hire would move him out of the weekly as it has suffered under recessionary pressures on its ad pages: In 2008, ad pages fell 27 percent, to 1,478. Condé Nast Digital president Sarah Chubb would then have two top executive partners: the new chief revenue officer and Debi Chirichella, formerly chief operating officer at CondéNet, who has the same title at the newly created division.
Who would replace Schutte? That’s unclear at this point, but depending on Schutte’s successor, The New Yorker could be working more closely with the Condé Nast Business Media Group, which includes Portfolio, Wired and Golf Digest Brands, in a similar manner that the now-shuttered Domino was looped under Bill Wackermann, senior vice president, group publisher of Glamour and Condé Nast Bridal Media. The Business Group is overseen by former New Yorker publisher David Carey.