Memo Pad: Ouch, It Hurts... Holy Smokes...

Magazine publishers are already feeling the pinch from fears of a recession ¿ and many observers expect things to get worse before they get better.

It remains to be seen how long that will be the case. One media buyer who works with luxury clients, particularly in Europe, emphasized global economic shifts over a U.S.-centric view. European brands, he said, were spooked by the devastating losses of the fraud at Société Général, and consumer confidence both domestically and internationally has been rattled.

The media buyer said advertisers' decision-making would likely be on the short term, with fewer long-term commitments. "We have people coming back from meetings and saying, 'We need a contingency plan. We need to hold back resources.'" — Amy Wicks, Irin Carmon and S.D.S.

HOLY SMOKES: Ellen von Unwerth has rankled her share of Catholic Bostonians by photographing what looks like a handful of nuns sketching a naked man for Equinox Fitness clubs' new campaign. After the ad appeared in Boston magazine earlier this week, angry callers and e-mailers started barraging the Back Bay club with complaints. Then the local media jumped on the story, further stoking the fires about the Fallon-made ads.

Terrence Donilon, a spokesman for the Boston Archdiocese, has called for an apology and wants the ads yanked. He told one news agency, "It's offensive to religious women who dedicate their lives for the good works of the church." But Equinox isn't headed for the confessional, and still plans to run the ad in Esquire and Vanity Fair. The company's spokeswoman, Judy Taylor, said, "The ads capture the energy and artistry of the well-conditioned body in a thought-provoking fashion, blending fantasy and impact." — Rosemary Feitelberg
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