I.P.O. Jackpot Dreams Fade for Dot-Com Scribes

Last May, as dot-com mania was blooming, Dave Kansas, the editor of TheStreet.com, became a rich guy when the financial news site went public. At the end of first day of trading, he owned $9 million worth of stock in the fledgling venture and had options to buy another $4.5 million worth for just $2,300. Read More

A Weary Daily News Staff Receives Ed Kosner

Daily News editor Debby Krenek stood in the newsroom on the evening of March 23 and told her glum staff that the paper’s owner, Mortimer Zuckerman, had been lying to the press about her imminent departure from her job. “Contrary to what you may have heard, I did not resign in November,” she said. She Read More

Gear Dumps Expensive Writers; Toby Young Fired Again

The editors at Gear , the magazine founded by Bob Guccione Jr. after he sold Spin , have decided they don’t need all those expensive contract writers, so they’ve ditched a bunch of them. The one-year-old bimonthly, which on its current “Sex Issue” cover describes itself as “the shagadelic magazine for men,” is about to Read More