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media-features

Bad News All Around... Dubai Still Has Lots of Money... No Takeoff Just Yet...

Media companies, like everyone else, were hit hard Monday by the collapse in congressional efforts to pass the $700 billion bailout plan.


 

NEW AT ASME: The American Society of Magazine Editors created a new staff position to lead the group, appointing Sid Holt as chief executive officer. Holt was most recently editor at go2 Media, a mobile content publisher, and also has served as editorial director of Nielsen Business Media and executive vice president and editor in chief of Adweek magazines. He was managing editor of Rolling Stone from 1990 to 1997. Marlene Kahan, who has served as executive director for 18 years, will now report to Holt. — Irin Carmon

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