Contact sports are best suited to youth. As athletes age, the battery of head-to-head competition, the elevated heart rates of high-pressure moments and the agony of defeat can become—if not quite deadly—at least intensely frustrating. Inter-generational contests are particularly hazardous to old-timers, who may be goaded into attempting dangerous feats of which they have long since failed to be capable. Such was the year for Manhattan’s high-end co-op market, in which sellers—inspired by high-priced closings on newer luxury condominiums, and perhaps recalling the days when co-ops represented the city’s creme de la creme—set prices that their properties had no chance of fetching. Read More
French media giant Lagardere will sell its international titles to Hearst for $889 million, reports Dealbook.
Lagardere, which aims to focus on its domestic businesses (Paris Match, the flagship Elle, and a new venture in sports marketing) has been in exclusive negotiations with Hearst for a month.
“The businesses that are being sold Read More
When Vanity Fair‘s March 2010 issue hit the newsstands, there was a fair bit of criticism that the actresses featured in the Annie Leibovitz-shot cover and photospread were, as Jezebel put it, “pretty, thin, female and white.”
Well, it turns out those characteristics do not necessarily sell magazines. Read More
David Carr is not high on Newsweek‘s prospects for finding many potential suitors.
He reports that Thomson Reutuers, which took an early look at buying the magazine, is no longer interested. He said that parlor game favorites like The Huffington Post and The Daily Beast are also not interested.
He did find one Read More