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	<title>MediaMemo &#187; CNBC</title>
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		<title>Don't Tell a Soul! Media, Tech Moguls Take Manhattan for Semisecret Quadrangle Conference.</title>
		<link>http://mediamemo.allthingsd.com/20091103/dont-tell-a-soul-media-tech-moguls-take-manhattan-for-semi-secret-quadrangle-conference/</link>
		<comments>http://mediamemo.allthingsd.com/20091103/dont-tell-a-soul-media-tech-moguls-take-manhattan-for-semi-secret-quadrangle-conference/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 11:00:37 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=12666</guid>
		<description><![CDATA[Wouldn't you like to bump elbows with media moguls and hear from the likes of Eric Schmidt, Biz Stone and James Murdoch? Me too! Alas, Quadrangle's Foursquare conference is closed to the public and the press. But at least I can tell you whom you won't be hearing from.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/11/dont-talk.jpg"><img class="alignright size-medium wp-image-12673" title="don't talk" src="http://mediamemo.allthingsd.com/files/2009/11/dont-talk-250x122.jpg" alt="don't talk" width="250" height="122" /></a>Wouldn&#8217;t you like to bump elbows with media moguls and hear from the likes of Google (GOOG) CEO Eric Schmidt, Twitter co-founder Biz Stone and News Corp. (NWS) scion James Murdoch? Me too!</p>
<p>Alas, the Foursquare conference, hosted by the Quadrangle PE fund, is an invitation-only affair. And the event, which kicks off tomorrow, is <a href="http://mediamemo.allthingsd.com/20081111/shhhhhh-media-tech-moguls-meeting-today-dont-tell-anyone/">closed to the press except for reporters onstage</a> to interview the stars. And those conversations don&#8217;t get released to the public.</p>
<p>That&#8217;s a particular bummer this time. Because the Quadrangle guys&#8211;who have had a <a href="http://www.nytimes.com/2009/04/22/business/22quadrangle.html?_r=1&amp;ref=business">rough</a> <a href="http://online.wsj.com/article/SB124034121817339991.html">year</a>&#8211;had the foresight to get a lineup that includes GE (GE) CEO Jeff Immelt, who appears to be in the final stages of selling NBC Universal to Comcast (CMCSA) CEO Brian Roberts, who will also be onstage. Sure would be nice to hear what they say.</p>
<p>Another panel that piques my interest, if only because of the title: &#8220;Are Popularity and Profitability Correlated?&#8221; It features Twitter&#8217;s Stone, LinkedIn founder Reid Hoffman and YouTube co-founder Chad Hurley. And would-be moguls are represented by a start-up pitch panel that includes <a href="http://mediamemo.allthingsd.com/20090908/what-exactly-is-foursquare-and-why-are-investors-clamoring-for-it/">Dennis Crowley of Foursquare</a>, the superbuzzy mobile service whose name has nothing to do with Quadrangle&#8217;s conference.</p>
<p>So once again, here&#8217;s the complete list of those you won&#8217;t be hearing from this week as they gather at the Plaza in Manhattan. Unless, perhaps, one of my more ambitious colleagues sneaks in&#8211;I&#8217;m thinking of you, <a href="http://blogs.reuters.com/blog/2007/09/12/murdoch-up-close-and-personal/">Bobby MacMillan</a>&#8211;and gets us a first-hand account.</p>
<p>2009 SPEAKERS<br />
EMILIO AZCÁRRAGA President, Board of Directors and CEO, Grupo Televisa<br />
DENNIS CROWLEY Co-Founder, foursquare<br />
BARRY DILLER Chairman and CEO, IAC; Chairman, Expedia, Inc. and Ticketmaster Entertainment, Inc.<br />
BRIAN DUNN CEO, Best Buy<br />
CHARLES FORMAN Founder, OMGPOP<br />
REED HASTINGS Founder, Chairman and CEO, Netflix<br />
REID HOFFMAN Executive Chairman and Founder, LinkedIn Corporation<br />
CHAD HURLEY CEO and Co-Founder, YouTube<br />
JEFF IMMELT Chairman and CEO, GE<br />
PAUL JACOBS Chairman and CEO, Qualcomm Incorporated<br />
OLLI-PEKKA KALLASVUO President and CEO, Nokia<br />
JASON KILAR CEO, Hulu<br />
LESLIE MOONVES President and CEO, CBS Corporation<br />
ANNE MULCAHY Chairman, Xerox Corporation<br />
JAMES MURDOCH Chairman and Chief Executive, Europe &amp; Asia, News Corporation<br />
BRIAN PHILLIPS CEO and Co-Founder, Thread<br />
DAN PORTER CEO, OMGPOP<br />
BRIAN ROBERTS Chairman and CEO, Comcast Corporation<br />
PAUL SAGAN President and CEO, Akamai<br />
ERIC SCHMIDT Chairman and CEO, Google<br />
IVAN SEIDENBERG Chairman and CEO, Verizon Communications<br />
BIZ STONE Co-Founder, Twitter<br />
HOWARD STRINGER Chairman, CEO and President, Sony Corporation<br />
BEN VERWAAYEN CEO, Alcatel-Lucent<br />
DAVID ZASLAV President and CEO, Discovery Communications</p>
<p>MODERATORS<br />
MARC ANDREESSEN General Partner, Andreessen Horowitz<br />
KEN AULETTA Author and Writer, &#8220;Annals of Communications&#8221;, The New Yorker<br />
MARIA BARTIROMO Anchor, Closing Bell; Host &amp; Managing Editor, Wall Street Journal Report, CNBC<br />
JAMES CITRIN Co-Leader, Board &amp; CEO Practice, North America, Spencer Stuart<br />
DAVID FABER Anchor, Reporter, CNBC<br />
MICHAEL HUBER Co-President and Managing Principal, Quadrangle Group<br />
BECKY QUICK Co-Anchor, Squawk Box, CNBC<br />
GEOFFREY SANDS Director &amp; Leader, Global Media, Entertainment &amp; Information Practice, McKinsey &amp; Co.<br />
JOSHUA L. STEINER Co-President and Managing Principal, Quadrangle Group<br />
GEORGE STEPHANOPOULOS Anchor, This Week; Chief Washington Correspondent, ABC News</p>
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		<title>Sun Valley Diary: Where's the New York Times's Sun Valley Diary?</title>
		<link>http://mediamemo.allthingsd.com/20090708/sun-valley-diary-wheres-the-new-york-times-sun-valley-diary/</link>
		<comments>http://mediamemo.allthingsd.com/20090708/sun-valley-diary-wheres-the-new-york-times-sun-valley-diary/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 16:31:49 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Google]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=9082</guid>
		<description><![CDATA[Every year, media moguls gather at the Allen &#38; Co. Sun Valley conference to listen to each other gab, parade around in casual wear and occasionally make deals. And for the last several years, the New York Times has provided excellent on-the-ground coverage, usually via Dealbook's Andrew Ross Sorkin. Not this year.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/07/sorkin190.jpg"><img class="alignright size-full wp-image-9087" title="sorkin190" src="http://mediamemo.allthingsd.com/files/2009/07/sorkin190.jpg" alt="sorkin190" width="190" height="285" /></a>Every year, media moguls gather at the Allen &amp; Co. Sun Valley conference to listen to each other gab, parade around in casual wear and occasionally make deals.</p>
<p>And for the last several years, the New York Times (NYT) has provided excellent on-the-ground coverage, usually via Dealbook&#8217;s Andrew Ross Sorkin.</p>
<p>Not this year.</p>
<p>Reporters and media chieftains alike started arriving at the Idaho resort last night, but the Times is AWOL. If you want first-hand reportage on who said what outside the bar or by the duck pond, you&#8217;re going to have to rely on other news outlets.</p>
<p>Sorkin explained his absence via email to me:</p>
<blockquote class="memo"><p>For better or worse, I couldn&#8217;t make it out to Sun Valley this year because I&#8217;m chained to my desk for the next couple of weeks trying to finish my upcoming book, &#8220;Too Big to Fail.&#8221;</p>
<p>Given the market jitters&#8211;and resulting deal drought&#8211;we made the decision to cover the event from afar this year. I&#8217;m trying to stay up to date on the latest machinations out there by speaking with a half dozen of the invitees daily by phone and email&#8211;some of whom have already tapped out notes by Blackberry from inside this morning. (We actually might have a pretty interesting Sun Vally story up on DealBook in the next 24 hours.) We&#8217;re also running a series of Twitter feeds from other news organizations on DealBook&#8217;s homepage. And we plan to run several Sun Valley photo slide shows, as we&#8217;ve done in year&#8217;s past.</p></blockquote>
<p>In truth, it&#8217;s debatable whether any news outlet <em>has</em> to be at Sun Valley: Some of the moguls use the opportunity to hold briefings with the press there. Google&#8217;s Eric Schmidt (GOOG) has been particularly talkative in years past. But anything truly important generally happens away from the scribes and usually comes to light well after the fact, so you could argue that real-time coverage is overrated.</p>
<p>On the other hand, last year Rupert Murdoch, who owns this Web site, enlisted the help of the press corps to help him find his wedding ring after an evening at the bar. That was a <a href="http://www.businessinsider.com/2008/7/rupert-murdoch-in-sun-valley-tipsy-missing-his-wedding-ring">pretty great story</a>.</p>
<p>And in any case, there are still plenty of other outlets on the ground. Among them: The Financial Times, Reuters, Bloomberg, the Los Angeles Times, CNBC, the New York Post, and our colleague Julia Angwin from The Wall Street Journal.</p>
<p>A quick perusal of <a href="http://news.google.com/news?q=sun%20valley&amp;oe=utf-8&amp;rls=org.mozilla:en-US:official&amp;client=firefox-a&amp;um=1&amp;ie=UTF-8&amp;sa=N&amp;hl=en&amp;tab=wn">Google News</a> will keep you up to date, and if you want second-by-second stuff, there&#8217;s a <a href="http://search.twitter.com/search?q=%23sunvalley">Twitter stream</a>, of course. And sure enough, Sorkin&#8217;s Dealbook has a nifty widget that lets you toggle between different Twitter feeds. It&#8217;s worth <a href="http://dealbook.blogs.nytimes.com/">checking out</a>.</p>
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		<title>Video: Jon Stewart Bangs the CNBC Drum, Again</title>
		<link>http://mediamemo.allthingsd.com/20090306/video-jon-stewart-bangs-the-cnbc-drum-again/</link>
		<comments>http://mediamemo.allthingsd.com/20090306/video-jon-stewart-bangs-the-cnbc-drum-again/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 20:46:02 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Google]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=4982</guid>
		<description><![CDATA[Can't get enough of Jon Stewart's CNBC rant from earlier this week? CBS hopes not: It had Stewart on David Letterman's show last night, and was lucky enough to get "The Daily Show" host to riff on the topic yet again. It's a couple seconds of comedy--perfect for YouTube.]]></description>
			<content:encoded><![CDATA[<p>Can&#8217;t get enough of Jon Stewart&#8217;s CNBC rant from earlier this week? CBS hopes not: It had Stewart on David Letterman&#8217;s show last night, and was lucky enough to get &#8220;The Daily Show&#8221; host to riff on the topic yet again.</p>
<p>And kudos to CBS (CBS) for getting the bit on Google&#8217;s (GOOG) YouTube, where it will get in front of many more eyeballs than the network&#8217;s own sites alone. And double kudos for allowing the likes of us to embed the clip, so we can promote the show for them (see, <a href="http://mediamemo.allthingsd.com/20090306/why-are-big-musics-videos-trapped-on-youtube-an-insider-explains/">music dudes</a>?).</p>
<p>Truth in advertising: The CNBC stuff only comprises a couple seconds of this clip. But what the heck&#8211;the whole thing is barely a couple minutes long. It&#8217;s the end of a long week. You can spare the time.</p>
<p><object width="350" height="283" data="http://www.youtube.com/v/sb2j4RTCgng&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.youtube.com/v/sb2j4RTCgng&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
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		<title>Video: Jon Stewart Goes Howard Beale on CNBC</title>
		<link>http://mediamemo.allthingsd.com/20090305/video-jon-stewart-goes-howard-beale-on-cnbc/</link>
		<comments>http://mediamemo.allthingsd.com/20090305/video-jon-stewart-goes-howard-beale-on-cnbc/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 11:29:59 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[MediaMemo]]></category>
		<category><![CDATA[Peter Kafka]]></category>
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		<category><![CDATA[Joe Nocera]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=4891</guid>
		<description><![CDATA[Sometimes Jon Stewart uses his platform to explain new technology, like Twitter or the Kindle, to his audience. And sometimes he uses it for a trenchant media critique. Or, as in the case of last night's segment on CNBC, not so much a critique as a full-fledged evisceration.]]></description>
			<content:encoded><![CDATA[<p>Sometimes Jon Stewart uses his platform to explain new technology, like <a href="http://venturebeat.com/2009/03/02/video-jon-stewart-explains-twitter-or-tries-to/">Twitter</a> or the <a href="http://mediamemo.allthingsd.com/20090224/jeff-bezos-sells-the-kindle-to-jon-stewart-wed-make-it-cheaper-if-we-could/">Kindle</a>, to his audience. And sometimes he uses it for a trenchant media critique. Or, as in the case of last night&#8217;s segment on GE&#8217;s (GE) CNBC, not so much a critique as a full-fledged evisceration.</p>
<p><center><object width="350" height="202" data="http://www.hulu.com/embed/x02JzRf8bKF4FCEBNn-cwA/196/587" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.hulu.com/embed/x02JzRf8bKF4FCEBNn-cwA/196/587" /><param name="allowfullscreen" value="true" /></object></center></p>
<p>I&#8217;ve trimmed this one down to about six minutes, but if you&#8217;ve got a spare 20 minutes or so&#8211;perhaps you&#8217;re underemployed right now&#8211;it&#8217;s well worth <a href="http://www.hulu.com/watch/60862/the-daily-show-with-jon-stewart-wed-mar-4-2009#s-p1-so-i0">watching the whole thing</a>. He also roughs up Fox News, explains the Dow, and has a nice interview with New York Times columnist Joe Nocera.</p>
<p>Update: A MediaMemo reader wants to know who Howard Beale is. That question would normally make me feel old, but in this case I&#8217;m pretty sure the reader is older than I am. In any case, here&#8217;s Howard, also known as Peter Finch, also known as the &#8220;I&#8217;m mad as hell&#8221; guy. And if you really haven&#8217;t seen &#8220;Network,&#8221; go add it to your Netflix (NFLX) queue now.</p>
<p><center><object width="350" height="283" data="http://www.youtube.com/v/dib2-HBsF08&amp;hl=en&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/dib2-HBsF08&amp;hl=en&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></center></p>
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		<title>Facebook at 5: Remembering the Early Years, and Measuring Up Against Google</title>
		<link>http://mediamemo.allthingsd.com/20090204/facebook-at-five-remembering-the-early-years-and-measuring-up-against-google/</link>
		<comments>http://mediamemo.allthingsd.com/20090204/facebook-at-five-remembering-the-early-years-and-measuring-up-against-google/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 11:00:18 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<category><![CDATA[Nieman Journalism Lab]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=3841</guid>
		<description><![CDATA[Mark Zuckberg's company has come a long way since the Harvard dorms. But if it wants to measure up against Silicon Valley's most successful start-up of the last 20 years, it has some work ahead of it.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/02/zuckerberg-circa-2008.jpg"><img class="alignright size-full wp-image-3843" title="zuckerberg-circa-2008" src="http://mediamemo.allthingsd.com/files/2009/02/zuckerberg-circa-2008.jpg" alt="" width="250" height="166" /></a>Happy Birthday, Facebook! You&#8217;re 5 years old today, and that&#8217;s pretty cool. But the <a href="http://blog.facebook.com/blog.php?post=51892367130">party you&#8217;re throwing yourself</a>? Not much <a href="http://www.facebook.com/album.php?aid=87231&amp;id=20531316728#/album.php?aid=87231&amp;id=20531316728">fun</a>.</p>
<p>How about this instead: Some brief reminiscing, via this June 2004 <a href="http://www.thecrimson.com/article.aspx?ref=502875">Harvard Crimson</a> article, written &#8220;nearly a semester after&#8221; 20-year-old Mark Zuckerberg had launched thefacebook.com. At the time, it had 160,000 users.</p>
<p>It&#8217;s a great story (thanks to the excellent <a href="http://www.niemanlab.org/">Nieman Journalism Lab</a> for pointing this out via its <a href="http://twitter.com/NiemanLab/statuses/1174605294">Twitter feed</a>), but let&#8217;s just zoom right ahead to the end:</p>
<blockquote class="memo"><p>Zuckerberg participated in a live television interview for CNBC, and says he has been wined and dined in Harvard Square by representatives from major software companies.</p>
<p>Still, he is maintaining the same approach: don&#8217;t sell.</p>
<p>&#8220;That&#8217;s just like not something we&#8217;re really interested in,&#8221; he says, referring to selling out thefacebook.com. &#8220;I mean, yeah, we can make a bunch of money—that&#8217;s not the goal&#8230;I mean, like, anyone from Harvard can get a job and make a bunch of money. Not everyone at Harvard can have a social network. I value that more as a resource more than like any money.&#8221;&#8230;</p>
<p>&#8220;My goal is to not have a job,&#8221; he says matter-of-factly. &#8220;Making cool things is just something I love doing, and not having someone tell me what to do or a timeframe in which to do it is the luxury I am looking for in my life.&#8221;&#8230;&#8221;I assume eventually I&#8217;ll make something that is profitable,&#8221; he allows.</p>
<p>The site is currently running some advertisements, but Zuckerberg says they are only being used to offset server costs. Nonetheless, the facebook&#8217;s business manager has posted notices soliciting ads on multiple websites, and a thefacebook.com rate card shows that the site is interested in attracting national advertisers&#8230;.</p>
<p>&#8220;There are a couple ads on the facebook because [the site] costs money and servers don&#8217;t grow on trees,&#8221; Zuckerberg says.</p>
<p>But will the facebook ever be auctioned off to the highest bidder?</p>
<p>&#8220;Maybe when I&#8217;m bored with it, then we&#8217;ll work something out,&#8221; he says. &#8220;But I don&#8217;t see that happening anytime in the near future.&#8221;</p></blockquote>
<p>Cool foreshadowing, huh? (Harvard kids! So smart!) But let&#8217;s put Facebook&#8217;s success in context&#8211;by comparing it to Silicon Valley&#8217;s most successful start-up of the last couple of decades. Here&#8217;s how Facebook today stacks up against the Google of 2003, when that company was 5 years old.</p>
<p>I&#8217;ve pulled the Facebook stats from various sources, so please consider them estimates. The Google (GOOG) stats are much more solid: I&#8217;ve pulled most of them from the company&#8217;s <a href="http://www.sec.gov/Archives/edgar/data/1288776/000119312504142742/ds1a.htm#toc59330_1">2004 IPO prospectus</a>.</p>
<p><strong>Facebook:</strong><br />
Workforce: 700+<br />
Revenue: $260 &#8211; $300 million<br />
Net income: None (EBITDA of perhaps $50 million)<br />
Valuation: Something in the $4 billion range, based on reports of share sales<br />
Motto: <a href="http://d6.allthingsd.com/20080528/zuckerberg_sandberg/">&#8220;Facebook is about helping people to share information and share themselves.&#8221;</a></p>
<p><strong>Google:</strong><br />
Workforce: 1,907 (as of March 2004)<br />
Revenue: $962 million<br />
Net income: $106 million<br />
Valuation: Something in the $20 billion range, based on press reports<br />
Motto: &#8220;Don&#8217;t be evil. We believe strongly that in the long term, we will be better served&#8211;as shareholders and in all other ways&#8211;by a company that does good things for the world even if we forgo some short term gains. This is an important aspect of our culture and is broadly shared within the company.&#8221;</p>
<p>So take a bow, Mark Zuckerberg. You&#8217;ve built something really cool. But if you want to keep up with Larry and Sergey, you&#8217;d better get back to work.</p>
<p>[<em>Image Credit: <a href="http://www.flickr.com/photos/deneyterrio/2323729121/in/photostream/">deneyterrio</a></em>]</p>
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		<title>More Media Layoff/Shutdown Roundup: Time Inc., Forbes, NBC Universal, IAC</title>
		<link>http://mediamemo.allthingsd.com/20081204/more-media-layoffshutdown-roundup-time-inc-forbes-nbc-universal-iac/</link>
		<comments>http://mediamemo.allthingsd.com/20081204/more-media-layoffshutdown-roundup-time-inc-forbes-nbc-universal-iac/#comments</comments>
		<pubDate>Thu, 04 Dec 2008 15:17:05 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[MediaMemo]]></category>
		<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[Barry Diller]]></category>
		<category><![CDATA[Charlie Leerhsen]]></category>
		<category><![CDATA[CNBC]]></category>
		<category><![CDATA[College Humor]]></category>
		<category><![CDATA[DailyBeast]]></category>
		<category><![CDATA[Forbes]]></category>
		<category><![CDATA[Fortune]]></category>
		<category><![CDATA[IAC]]></category>
		<category><![CDATA[Jeff Zucker]]></category>
		<category><![CDATA[John Garrity]]></category>
		<category><![CDATA[Keith Kelly]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[magazine]]></category>
		<category><![CDATA[NBC]]></category>
		<category><![CDATA[New York Post]]></category>
		<category><![CDATA[PaidContent]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Sports Illustrated]]></category>
		<category><![CDATA[Time]]></category>
		<category><![CDATA[Time Inc.]]></category>
		<category><![CDATA[Time Warner]]></category>
		<category><![CDATA[Tina Brown]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=1655</guid>
		<description><![CDATA[If you had any romantic notion that the beginning of holiday season meant an end to media layoff season, think again. This looks to be a particularly bad few days at Time Inc., where many of the magazines that asked workers to quit last month will now be firing them instead. But there are cuts, or planned cuts, coming to all manner of media companies.]]></description>
			<content:encoded><![CDATA[<p>If you had any romantic notion that the beginning of holiday season meant an end to media layoff season, think again. In addition to the <a href="http://mediamemo.allthingsd.com/20081204/viacom-lays-off-850-takes-450-million-charge/">850 Viacom (VIA) workers who are getting pink-slipped</a>, this looks to be a particularly bad few days at Time Warner&#8217;s (TWX) Time Inc.,  where many of the titles that <a href="http://mediamemo.allthingsd.com/20081110/time-inc-to-employees-want-to-quit-were-all-ears/">asked workers to quit last month</a> will now be firing them instead.</p>
<p>The New York Post&#8217;s Keith Kelly has already reported that <a href="http://www.nypost.com/seven/12032008/business/si_of_relief_for_anna_141896.htm?page=2">layoffs are in motion at People, Time and Sports Illustrated over the next few days</a>; I am told that cuts are also coming to Fortune magazine today or tomorrow. Here&#8217;s a Sports Illustrated employee&#8217;s take on the situation there:</p>
<blockquote><p>We are all expecting the hatchet Thursday or Friday. Morale is dismal. One colleague of mine, uber golf writer John Garrity, told several of us that he&#8217;s taking the package but will continue on for a while as a special contributor. We expect two or three photo editors to go, and two or three members of the Sport&#8217;s Illustrated Latino staff (the Spanish language SI publication, which posted a net profit of approx. one million in &rsquo;07 and broke even in &rsquo;08, was inexplicably shuttered). Also photographers are rumored to be being cut to half time service and members of our copy desk have been asked to take up to a 30% pay reduction for which they will work fewer hours. Charlie Leerhsen, one of our two executive editors, told a few staff members that he was going to be leaving.&#8221;</p></blockquote>
<p>In other layoff/shutdown news:</p>
<ul>
<li>I am told that Forbes <a href="http://allthingsd.com/about/peter-kafka/">(where I worked for many years)</a>, is in the final stages of planning cuts as it prepares to merge the editorial operations of its magazine and Web site units. Last month the company began integrating its business groups and laid off about three dozen people in the process.</li>
<li>GE&#8217;s (GE) NBC Universal has laid off at least 30 people in its sales group, reports <a href="http://adage.com/mediaworks/article?article_id=133004">AdAge</a>. The cuts are part of a previously reported mandate from NBC CEO Jeff Zucker to cut three percent of the company&#8217;s budget. The Post says <a href="http://www.nypost.com/seven/12042008/business/cnbc_may_cut_staff_142516.htm">another 80 people could be fired</a> at CNBC.</li>
<li>Barry Diller&#8217;s IAC (IACI) is breaking up its programming group, which includes ventures like College Humor, 236.com and Tina Brown&#8217;s DailyBeast.com. Some but not all of the sites will be closed down or sold off. <a href="http://www.paidcontent.org/entry/419-iac-dissolving-programming-group-lehman-leaving-jackson-taking-new-role/">PaidContent</a> has details.</li>
</ul>
<p>As always, I value reader input: You can reach me directly at <a href="mailto:peter@allthingsd.com">peter@allthingsd.com</a>. If you want to be completely anonymous, you can use the blind tip box <a href="http://allthingsd.com/tips/">here</a>.</p>
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		<title>Shhhhhh! Media, Tech Moguls Meeting Today. Don't Tell Anyone!</title>
		<link>http://mediamemo.allthingsd.com/20081111/shhhhhh-media-tech-moguls-meeting-today-dont-tell-anyone/</link>
		<comments>http://mediamemo.allthingsd.com/20081111/shhhhhh-media-tech-moguls-meeting-today-dont-tell-anyone/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 16:08:24 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[MediaMemo]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[Activision]]></category>
		<category><![CDATA[Andrew Ross Sorkin]]></category>
		<category><![CDATA[Barry Diller]]></category>
		<category><![CDATA[Becky Quick]]></category>
		<category><![CDATA[Ben Wolff]]></category>
		<category><![CDATA[Brian Robert]]></category>
		<category><![CDATA[Brian Williams]]></category>
		<category><![CDATA[Charlie Ergen]]></category>
		<category><![CDATA[Chrysler]]></category>
		<category><![CDATA[Cisco]]></category>
		<category><![CDATA[Clearwire]]></category>
		<category><![CDATA[CNBC]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[Dan Hesse]]></category>
		<category><![CDATA[David Faber]]></category>
		<category><![CDATA[Echostar]]></category>
		<category><![CDATA[Equity Group]]></category>
		<category><![CDATA[Foursquare]]></category>
		<category><![CDATA[George Stephanopoulos]]></category>
		<category><![CDATA[Hiroshi Mikitani]]></category>
		<category><![CDATA[IAC]]></category>
		<category><![CDATA[JC Decaux]]></category>
		<category><![CDATA[Jean-Bernard LEvy]]></category>
		<category><![CDATA[Jean-Francois Decaux]]></category>
		<category><![CDATA[Jim Citrin]]></category>
		<category><![CDATA[Jim Wiatt]]></category>
		<category><![CDATA[Joanne Lipman]]></category>
		<category><![CDATA[John Chambers]]></category>
		<category><![CDATA[Joshua Steiner]]></category>
		<category><![CDATA[Katie Couric]]></category>
		<category><![CDATA[Maria Bartiromo]]></category>
		<category><![CDATA[Matt Cooper]]></category>
		<category><![CDATA[McKinsey]]></category>
		<category><![CDATA[Naguib Sawiris]]></category>
		<category><![CDATA[Nancy McKinstry]]></category>
		<category><![CDATA[New York Times]]></category>
		<category><![CDATA[News Corp.]]></category>
		<category><![CDATA[Orascom Telecom]]></category>
		<category><![CDATA[Peter Chernin]]></category>
		<category><![CDATA[Philippe Dauman]]></category>
		<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[Quadrangle]]></category>
		<category><![CDATA[Rakuten]]></category>
		<category><![CDATA[Robert Kotick]]></category>
		<category><![CDATA[Robert Nardelli]]></category>
		<category><![CDATA[Robert Stephens]]></category>
		<category><![CDATA[Sam Zell]]></category>
		<category><![CDATA[Sheryl Sandberg]]></category>
		<category><![CDATA[Spencer Stuart]]></category>
		<category><![CDATA[Sprint]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Steve Hasker]]></category>
		<category><![CDATA[Thomson Reuters]]></category>
		<category><![CDATA[Tom Glocer]]></category>
		<category><![CDATA[Tribune]]></category>
		<category><![CDATA[Viacom]]></category>
		<category><![CDATA[Wiliiam Morris]]></category>
		<category><![CDATA[Wolters Kluwer]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=918</guid>
		<description><![CDATA[Under normal circumstances, if the CEOs of big companies like Cisco, Microsoft, and Comcast speak in front of an audience of bigwigs, it's news. But you're unlikely to hear what John Chambers, Steve Ballmer and Brian Roberts say today and tomorrow at Quadrangle's Foursquare conference--no press allowed. Unless...]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/11/empty-chairs.jpg"><img class="alignright size-medium wp-image-923" title="empty-chairs" src="http://mediamemo.allthingsd.com/files/2008/11/empty-chairs-300x225.jpg" alt="" width="250" height="187" /></a>Under normal circumstances, if the CEOs of big public companies&#8211;like, say, Cisco (CSCO), Microsoft (MSFT) and Comcast (CMCSA)&#8211;speak in front of an audience of bigwigs, it&#8217;s news.</p>
<p>And who knows? Maybe John Chambers, Steve Ballmer and Brian Roberts will indeed say something important today and tomorrow at Quadrangle&#8217;s Foursquare conference. Chrysler&#8217;s Robert Nardelli is speaking too. He might have something newsworthy to say.</p>
<p>But you are unlikely to read about it.</p>
<p>That&#8217;s because there&#8217;s no press allowed at the private equity shop&#8217;s annual conference, which starts this afternoon at New York&#8217;s Plaza Hotel.</p>
<p>Or rather, there&#8217;s <em>some</em> press at the event. But they&#8217;ll be on stage. And they won&#8217;t be telling their readers and listeners what they saw and heard.</p>
<p>CNBC&#8217;s David Faber, Becky Quick and Maria Bartiromo, for instance, will be moderating panels over the next few days. So will the New York Times&#8217; Andrew Ross Sorkin. And network TV news bigshots Katie Couric, George Stephanopoulos and Brian Williams will answer questions themselves (Portfolio&#8217;s Matt Cooper will be moderating that one).</p>
<p>Am I crabby because I asked (nicely) and couldn&#8217;t get in myself? Nah. It&#8217;s Quadrangle&#8217;s event, and they can run it any way they want. But it does look like a pretty good gathering of worthies. Maybe I&#8217;ll park myself in the Plaza&#8217;s lobby and see if I can bump into some of them.</p>
<p>Want to join me? Here&#8217;s the agenda for next two days:</p>
<p><strong>Tuesday 11/11</strong><br />
2:00 PM WELCOME<br />
Joshua L. Steiner (Quadrangle)</p>
<p>ONE ON ONE WITH JOHN CHAMBERS (Cisco)<br />
Moderated by Jim Citrin (Spencer Stuart)</p>
<p>WHO DO YOU TRUST: INFORMATION AND NEWS IN AN  OPEN WORLD<br />
Tom Glocer (Thomson Reuters), Nancy McKinstry (Wolters Kluwer) and Sheryl Sandberg (Facebook)<br />
Moderated by David Faber (CNBC)</p>
<p>ALL ABOUT WIRELESS<br />
Jean-Bernard Lévy (Vivendi), Naguib Sawiris (Orascom Telecom) and Ben Wolff (Clearwire)<br />
Moderated by Steven Rattner</p>
<p>4:15 PM BREAK</p>
<p>GOING IT ALONE IN AN INTERCONNECTED WORLD<br />
Philippe Dauman (Viacom), Charlie Ergen (EchoStar) and Robert Kotick (Activision)<br />
Moderated by Becky Quick (CNBC)</p>
<p>GLOBAL E-COMMERCE: $500 BILLION AND GROWING<br />
Barry Diller (IAC) and Hiroshi Mikitani (Rakuten)<br />
Moderated by Steve Hasker (McKinsey)</p>
<p>6:15 PM COCKTAIL RECEPTION<br />
Grand Ballroom Foyer<br />
The Plaza<br />
<strong><br />
Wednesday 11/12</strong><br />
8:30 AM WELCOME<br />
ONE ON ONE WITH STEVE BALLMER (Microsoft)<br />
Moderated by Ken Auletta (The New Yorker)</p>
<p>INNOVATION AND THE NEXT BIG IDEA<br />
Jean-François Decaux (JC Decaux) Robert Stephens (Geek Squad founder?) and Jim Wiatt (William Morris)<br />
Moderated by Andrew Ross Sorkin (New York Times)</p>
<p>A CONVERSATION WITH SAM ZELL (Equity Group, Tribune Co.)<br />
Moderated by Joanne Lipman (Portfolio)</p>
<p>10:00 AM BREAK</p>
<p>COOP-ER-TITION: A CONVERSATION WITH PETER CHERNIN (News Corp.) AND BRIAN ROBERTS (Comcast)<br />
Moderated by Ken Auletta</p>
<p>REBUILDING A BRAND FROM THE TOP DOWN<br />
Dan Hesse (Sprint) and Robert Nardelli (Chrysler)<br />
Moderated by Maria Bartiromo</p>
<p>NOON Concluding Luncheon<br />
CAMPAIGN 2008: IN FRONT OF THE CAMERA AND BEHIND THE SCENES<br />
Katie Couric (CBS), George Stephanopoulos (ABC) and Brian Williams (NBC)<br />
Moderated by Matt Cooper (Portfolio)</p>
<p>[<em>Image Credit: <a href="http://www.flickr.com/photos/pinkmoose/2355080489/">PinkMoose</a></em>]</p>
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