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A Free Burger and Beer Is Media Excess, 2008 Style [Recessionomics]
Posted on November 19, 2008
When Tina Brown's Talk magazine launched in 1999, its party was one of the biggest events of the year, an overblown, garish party that sprawled over Liberty Island. Today it's a sad memory of where magazines once stood in the New York social strata. Bob and Harvey Weinstein, then the dominating heads of Miramax Films, had lured away Brown from The New Yorker and Ron Galotti, the real-life inspiration for Sex and the City's Mr. Big, from Vogue. The Daily Beast, which launched last month and is bankrolled with a supposed $18 million of IAC's Barry Diller money, splurged for a party last night at...
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