February 22, 2008 |
The 103-year-old Hollywood trade paper Variety went on the auction block Thursday when Anglo-Dutch company Reed Elsevier put its publishing unit up for sale. The company said the planned sale was strategic -- part of a move away from advertising-dependent to subscription-based publications and information services -- and no reflection on the performance of its Reed Business Information unit.
November 29, 2007 |
Charlie Koones will step down in March as president and publisher of Variety, the entertainment trade paper said Wednesday in a surprise announcement. Koones, 45, called the split amicable and said he hoped to raise venture capital or other private-equity financing to pursue unspecified opportunities in the media business. "With the right kind of funding behind me I'd like to acquire or build a venture in media and entertainment," he said. "This is a really good time to be in this business.
September 11, 2001 |
Peter Bart returned to his job as editor in chief of Variety on Monday amid continuing skepticism about the thoroughness of the investigation that led to both his reinstatement and his 21-day suspension without pay. When Cahners Business Information, the owners of Variety, announced Bart's reinstatement late last month, company officials said they had conducted a "very serious, in-depth investigation . . .
August 31, 2001 |
Peter Bart will be reinstated as editor in chief of Variety and Daily Variety, the influential entertainment industry trade papers, after completing a 21-day suspension without pay, the papers' parent company announced Thursday. Bart, 69, an increasingly powerful and controversial figure in Hollywood during his 12-year reign at Variety, was suspended Aug. 17, the day after Los Angeles magazine published a 14-page cover story on him.
August 23, 1998 |
Next time you watch your favorite sitcom or soap opera or read about the latest media mogul, remember to credit Variety. For most of the 20th century, Variety (born 1905) has not only filtered words and phrases like "sitcom," "soap opera," "mogul," "emcee" and "deejay" into the vernacular, but also created some of the most colorful and inimitable headlines in journalism. In 1929, the day after thecataclysmic stock market crash, the trade paper's banner read, "Wall Street Lays an Egg."
December 22, 1993 |
Facing the loss of his Screen Actors Guild health insurance, Lee Mathis was on edge. Eight years ago, he tested positive for HIV and, despite the fact he's asymptomatic, the prospect of developing AIDS looms large. "Anyone could be hit by a truck," Mathis says. "But with HIV, the wolf is at the door." Against the advice of friends who feared a homophobic backlash, Mathis placed a $99 ad in Variety a few weeks ago.