Most Recent Articles In Memo Pad
Latest Memo Pad Articles
More Articles By
STARS AND SPIN OFF AT TIME 100: The Time 100 Gala on Tuesday night, honoring the 100 most influential people of the year, drew its usual eclectic crowd of entertainers, actors, writers, activists and scientists.
Big names in attendence included actresses Amy Adams and Susan Sarandon, entertainers Pharrell Williams and Frank Ocean, talking heads Megyn Kelly and Chris Matthews, and media and entertainment titans Harvey Weinstein and Rupert Murdoch.
Unfortunately, none of those people spoke to print journalists. But other equally impressive influentials did stop and chat. While some were excited about the prospects of seeing Beyoncé, who made the list, others talked about the changing media landscape.
"If I saw Beyoncé, I might not act right," said "Orange is the New Black" actress Laverne Cox. "I might act crazy and fall to my knees."
"I'm obsessed," Cox's co-star Uzo Aduba, who plays "Crazy Eyes," said of Beyoncé. "I will pass out [if I see her]."
But Time Inc.'s top brass was less concerned with the entertainer. "We're about to go public," said Time Inc. chief executive officer Joe Ripp. "We've got our debt in place. We are very happy with the perception we have from the banking community on our debt, and very soon, we will be off to our public roadshow. The board is in place and we were meeting all day today."
Ripp said another all-day meeting with the board would take place Wednesday, as well, as the company prepares for its June spin off from parent company Time Warner.
The ceo indicated that early June would be when Time Inc. goes public, and he underscored as part of the company's transition, it would evolve into a "full-fledged media company," from a "magazine company."
"We believe we that can really expand these brands well into media and other places," he noted.
Time magazine managing editor Nancy Gibbs echoed Ripp's sentiment, adding that Time's digital audience has surpassed the size of its print readership, allowing it to "reach a bigger audience with more platforms than ever."
Still, Gibbs defended the power of print, as singer Carrie Underwood made her way down the carpet.
"You can't hold up a Web site to the president and say, 'Look at this cover in Time,' which happens often. Print is enormously powerful and important," the editor offered.
Underwood, who expressed gratitude in being selected for Time's list, noted that she'd like to expand her horizons and perhaps start a fashion line.
"I would love to do a fashion line because I love to feel pretty and I love finding things that make me feel my best, and I would love to do that for other young ladies especially," she said.