Detour Magazine

At least one other Los Angeles company besides Walt Disney Co. was interested in buying Buzz magazine, which filed for Bankruptcy Court protection and closed this week. Disney-owned Fairchild Publications plans to pay $5.3 million for Buzz's subscription list and trademarks. Detour magazine, an L.A.-based monthly with a paid circulation of about 115,000, made a play to acquire Buzz and keep it afloat, said President and Chief Executive John Evans.

Detour Magazine Inc. agreed to redo its 1997 and 1998 financial statements in an agreement settling regulators' charges the reports were "materially false and misleading," the Securities and Exchange Commission said. The SEC said the filings made by the Los Angeles-based fashion and entertainment magazine used estimated numbers and also failed to fully record the cost of issuing corporate stock options to consultants. The company could not be reached for comment.

Detour Magazine Inc. agreed to redo its 1997 and 1998 financial statements in an agreement settling regulators' charges the reports were "materially false and misleading," the Securities and Exchange Commission said. The SEC said the filings made by the Los Angeles-based fashion and entertainment magazine used estimated numbers and also failed to fully record the cost of issuing corporate stock options to consultants. The company could not be reached for comment.

Detour Magazine Inc., a glossy fashion and entertainment magazine based in Los Angeles, said Monday it is in talks with federal securities regulators in hopes of heading off possible enforcement action over its accounting practices and consulting fees. Detour, which publishes 10 issues a year, said the Securities and Exchange Commission has filed no official charges or allegations against the company or its chairman, Edward Stein, but is in talks with the magazine.

Detour Magazine Inc., a glossy fashion and entertainment magazine based in Los Angeles, said Monday it is in talks with federal securities regulators in hopes of heading off possible enforcement action over its accounting practices and consulting fees. Detour, which publishes 10 issues a year, said the Securities and Exchange Commission has filed no official charges or allegations against the company or its chairman, Edward Stein, but is in talks with the magazine.

Everyone to your corners. The fight for glossy Prada ads is on. Even though we enjoy being a girl, this is the kind of fight we like, which is fortunate because it comes around every few years. It's the battle among magazines duking it out for advertising dollars in L.A., which can only mean one thing--new magazines. After a recent dry spell for L.A. glossies, Los Angeles magazine is finally facing some competition.

John Travolta?" a Detour staffer suggests. "Maybe," replies Luis Barajas, the magazine's founder and publisher. "Sara Jessica Parker?" "Maybe." "Brendan Fraser?" "Hmmmm, he's in 'Airheads.' There is definitely a growing awareness of him." Deciding who's cool enough to make the cover of Detour is a monthly ritual in the magazine's North La Brea Avenue office.

The Scene: The Los Angeles premiere Wednesday of Miramax's "Strictly Ballroom," the Australian dance/romance comedy, at the Hollywood Galaxy Theater followed by a retro disco at the Hollywood Roosevelt Hotel. The event, co-hosted by Detour magazine, benefited American Foundation for AIDS Research. Finances: Tickets were free ("Invitations just arrive on my desk all the time," noted a callow William Morris agent), but it was pay-your-way popcorn and parking. Donations were voluntary.

In terms of a uniquely '90s type of celebrity, it's hard to surpass two guests at Detour Magazine's eighth anniversary party last week at the El Rey Theatre. For the first time, in the same room, beneath the same roof, hearing the same blaring version of "Disco Inferno," were Tonya Harding and Kato Kaelin--she being on the slippery downside of the fame curve, he straddling the peak. "They would make a lovely couple," said Luis Barajas, the magazine's publisher.

Although the Garden of Eden opened its antique Moroccan doors just two weeks ago, the club's already the local of choice for the private party set. Eden's thrown a half dozen galas, and the gala-ist of all occurred last Friday, when Detour magazine sponsored a party there for the Los Angeles County Museum of Art's 30th anniversary screening of the all-time cult favorite "The Valley of the Dolls."

Everyone to your corners. The fight for glossy Prada ads is on. Even though we enjoy being a girl, this is the kind of fight we like, which is fortunate because it comes around every few years. It's the battle among magazines duking it out for advertising dollars in L.A., which can only mean one thing--new magazines. After a recent dry spell for L.A. glossies, Los Angeles magazine is finally facing some competition.

At least one other Los Angeles company besides Walt Disney Co. was interested in buying Buzz magazine, which filed for Bankruptcy Court protection and closed this week. Disney-owned Fairchild Publications plans to pay $5.3 million for Buzz's subscription list and trademarks. Detour magazine, an L.A.-based monthly with a paid circulation of about 115,000, made a play to acquire Buzz and keep it afloat, said President and Chief Executive John Evans.

John Travolta?" a Detour staffer suggests. "Maybe," replies Luis Barajas, the magazine's founder and publisher. "Sara Jessica Parker?" "Maybe." "Brendan Fraser?" "Hmmmm, he's in 'Airheads.' There is definitely a growing awareness of him." Deciding who's cool enough to make the cover of Detour is a monthly ritual in the magazine's North La Brea Avenue office.

The Scene: It was literally Hollywood meets city of Industry on Monday night as the city's young, hip and restless converged on the Showcase Cineplex Odeon for the premiere of Orion Pictures' "City of Industry," a film about "murder, mystery and madness in the underbelly of Los Angeles," as executive producer Barr Potter put it. The film was directed by John Irvin and stars Harvey Keitel, Stephen Dorff, Famke Janssen, Timothy Hutton and Wade Dominguez.

The Scene: Friday night's premiere of "My Own Private Idaho," sponsored by Fine Line Features and Detour magazine. After a reception and screening at the Academy of Motion Picture Arts and Sciences in Beverly Hills, guests convened for an after-party at the Hollywood discotheque Arena. The evening benefited the Los Angeles Center for Living's Project Angel Food and the Los Angeles Film Forum. The Buzz: Would "Idaho" stars River Phoenix and Keanu Reeves be at the screening? (No and no.