
You won't want to miss this thorough WWD report on life inside Newsweek. It's mostly what you'd expect from Tina Brown: the magazine is constantly torn up, resulting in exhaustion and money burn, and, while some enjoy the thrill—being around a Tina turnaround joint is a great kind of rollercoaster!—the anonymous employee quotes are brutal. (Sample: "You’re exposed relentlessly to the truth that we’re not putting out a good magazine.")
In the long term, who knows what'll happen? For one thing, we know that Tina Brown will spend huge amounts of money until the checkbook stops delivering it. The figure always bandied about is that now NewsBeast loses [...]

At MoMA, the amount of revenue from admissions (almost $25 million a year, and these are all 2010 fiscal year numbers) is quite nearly equal to the amount approved by the board for yearly spending from their investments. (The museum overall has investments valued at $642 million. You know: 2/3rds of a billion dollars.)
As well, that number is also almost exactly equal to the amount of money the museum spends on curatorial services alone—not even including exhibition costs.
Museums in this way are like newspapers (and maybe colleges as well): the subscribers to a newspaper pay for some of what they "see"—the words and pictures—but don't even [...]

For those of you who don't, somehow, do your private banking with Goldman Sachs, you won't see their just-issued report on the AOL purchase of the Huffington Post. For starters, they expect "retention compensation" to offset the Huffington Post's earnings—that the introduction of the Huffington Post will have no impact whatsoever on AOL's projected 2011 earnings. Although: "We view this acquisition as further solidifying AOL’s stance as an owner of valuable focused content channels, similar to cable networks…." Here comes the bonus: trashing Yahoo! "We consider this acquisition strategically valuable from the perspective of (1) brand building; (2) mobile distribution; and (3) differentiated content as it distinguishes AOL’s [...]