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Memo Pad

Memo Pad: Let's Make A Deal... Him Again... Calm Before the Storm?...

Memo Pad: Let's Make A Deal... Him Again... Calm Before the Storm?...

by WWD Staff

Posted Thursday November 08, 2007

From WWD Issue 11/08/2007

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CALM BEFORE THE STORM?: Time Inc. isn't going anywhere, at least, for now. Jeff Bewkes, the newly elected chief executive officer of Time Warner, acknowledged during Wednesday's third-quarter earnings call that there are questions surrounding the company's future. However, he firmly told analysts, "We're not going to telegraph our decisions in advance." As for the publishing division's performance as of Sept. 30, total revenues of $1.2 billion for the quarter were flat, despite a decrease in domestic print ad revenues (which included the impact of closing Life and Teen People). Operating income increased 13 percent to $251 million. Time Inc. represents approximately 10 percent of the group's overall business. — Amy Wicks

GORE'S WAVELENGTH: Al Gore, chairman at Current TV, apparently hasn't been thinking about the TV writers and screenwriters strike — even though it could affect his daughter. Exiting Tribeca Cinemas Tuesday, Gore said, "I really haven't thought about it," when asked what, if any, advantage Current TV could have during the strike, since some of its programming is viewer-created content, or VC2 in the parlance of the two-year-old, independent network. As he scurried away for a quick photo op and hopped into a getaway SUV, Gore gave a little shout-out to family values, saying, "My daughter's a writer on the West Coast."

The former vice president flew into New York Tuesday from London to speak with emerging nonfiction filmmakers (and some well-known ones, like Albert Maysles), during a one-day symposium, "A Day of Dialogue: The Future of Non-Fiction Film," held by Fader Films, the film production unit of Fader Magazine, and Current TV. Gore appeared in part to encourage submission to his network's TV programming and Web site, and in doing so bemoaned the state of television. "The first time most Americans got most of their civic information on TV rather than in print was in 1962," Gore said. "But now, most of what's on TV isn't bubbling up from America's citizens — it's designed to sell advertising." Not that Current TV itself refrains from carrying commercials, including spots from Levi's. — Valerie Seckler

LOOK A LIKES: It's a little late for Halloween, but clearly Karl Lagerfeld is the go-to choice for fashion masquerade. Just after Roberto Cavalli's dress-up at his Halloween party last week, BlackBook's upcoming fashion spread, titled "Isn't It Iconic?" will include a female model styled to look like Lagerfeld. John Galliano, Carine Roitfeld, Viktor & Rolf, Vivienne Westwood and Anna Piaggi also get model treatment. Elsewhere in the magazine, photo outtakes from New York Fashion Week include a shot of Roitfeld's American counterpart, Anna Wintour, sitting alone in the front row, arms folded. Photographer Alexis Dahan said it was shot at the Erin Fetherston show, where Wintour was apparently seated early. — I.C.
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