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Fritz Blumenberg, the former president of Burda Media, the United States unit of Hubert Burda Media, which publishes Focus magazine and the German edition of Elle, was sentenced in New York to two and a half years in prison for embezzling $2 million.
On Tuesday, another Democrat noted his interest: Tom Allon, the publisher of Manhattan Media, which publishes community newspapers, told Crain's New York Business that he would run as an education-reform-driven "Cuomo Democrat" and that he would try to raise $500,000 to $1 million in the next six months.
Markos Moulitsas Zúniga, publisher and founder of Kos Media, which publishes the Daily Kos blog and is one of the book club's "alliance partners," said he did not expect the club to generate much revenue for his company.
Tim O'Reilly, the founder and C.E.O. of O'Reilly Media, which publishes about two hundred e-books per year, thinks that the old publishers' model is fundamentally flawed.
Niche Media, which publishes Gotham and Hamptons, laid off some employees and closed a shelter magazine.
MEN Media, which publishes the Manchester Evening News, has asked staff to apply for voluntary redundancies.
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"Wealth and luxury mean different things to different people," said David Arnold, a senior vice president and group publisher at CurtCo Media, which publishes The Robb Report.
Last week, it was confirmed that the Cambridge-based Iliffe Media, which publishes 38 daily and weekly titles, was forming part of Local World in concert with Northcliffe Media under the chairmanship of David Montgomery.
In October, Primedia acquired Kagan World Media, which publishes 30 newsletters.
William Sitwell, editorial director of John Brown Media, which publishes the Waitrose magazine, stands by the choice of Pippa.
Troy Young, of Hearst Media, which publishes Cosmopolitan, quizzed Goldberg about his decision not to hire an editor-in-chief.
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