And it will soon be shedding the big salary of longtime Editor-in-Chief Adam Moss, who said he was stepping down next month. [3], Wasserstein was born and raised in Midwood, Brooklyn, New York, the son of Lola (ne Schleifer) and Morris Wasserstein. The verit portraits are woven together with video diaries that share personal reflections on dating, cultivating relationships and exploring sexual desire, and include check-ins with Alyssa Shelasky, editor of New York Magazines Sex Diaries column, as diarists recount the ups and downs of their experiences. $8 $1 for 6 weeks Try digital monthly for just $1. Vice is working on a doc, as is XTR and David Darg. Brad Barket/Getty Images for New York Magazine. It probably helped a bit that Ben Wasserstein, Mr. Wassersteins son, was a well-regarded editor at the magazine before moving on to The New Republic and then into television production. And on Wednesday, the magazine will introduce a new technology and culture site called Select All, which was born out of Following, a pop-up blog that covered social media. In his obituary in The New York Times, Mr. Wasserstein was depicted as one of the original Barbarians at the Gate for his ferocious hostile takeovers. To that end, she outlined a plan for New York centered on increasing its online audience and its digital revenue. And in November 2014, a few months after that phone call with Mr. Moss, Ms. Wasserstein joined the magazine full time as co-chairwoman and head of strategy. After Bruce Wasserstein's death, observers speculated that the family might sell the company. 2023 Home Box Office, Inc. All Rights Reserved. There is no established way to do anything.. Affiliations 1 Laboratory of Human Genetics, Wadsworth Center, New York State Department of Health, Albany, New York, USA. In a. We are here to tell stories about New York city and its people: people helping other people, hurting other people. Regular people trying to make it every day. Cancel anytime. [1] The play won the 1989 Pulitzer Prize for Drama . Sign up for THR news straight to your inbox every day. Born. She lives with her mom in a Central Park West pad. Still, New York magazines future seems assured. Pam Wasserstein was tight-lipped about efforts to sell New York Magazine and its popular websites, including The Cut, Grub Street and The Strategist. The move will give the family "more direct control of the publication," the article noted.Bruce Wasserstein , who bought the magazine for $55 million in 2004 . One of the charms of the publishing business is that a single person can have an outsize effect, and many would suggest that Mr. Moss, with his deft hand for provocative covers and smart assignments, is one of the best editors working in a hybrid age. Several billionaires called Mr. Moss after Mr. Wassersteins death, wondering if they might get their hands on the magazine, but it was clear from the start that the family was not going to sell, he said. Mr. Moss, a former editor of The New York Times Magazine, said that in addition to dealing with the personal dimensions of Mr. Wassersteins death, he was worried about what it might mean for the magazine. And who you can expect to see performing and presenting. The initiative already is adapting Ezra Marcus and James D. Walshs The Stolen Kids of Sarah Lawrence with Blumhouse and Mark Wahlberg, and Reeves Wiedemans Who Killed Tulum? with Annapurna. Scoop Wasserstein will produce on behalf of Vox Media Studios andNew YorkMagazine. The best musical instrument is a love triangle. Since Wassersteins death, his estate has paid tens of thousands in monthly child support to Sky and shelled out nearly $200,000 for her to rent a luxury Hamptons home each summer. The firm was formed in January 2001, when the merchant banking group of Wasserstein Perella & Co., Inc., a global investment banking firm, spun out to become an independent firm upon the acquisition of . This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Wasserstein, the daughter of the late billionaire investment banker Bruce Wasserstein, had been running it through a family trust since his death nine years ago. Rylance is represented by CAA and Peikoff Mahan. Bruce Jay Wasserstein was born on December 25, 1947 in Brooklyn, New York, U.S..Wasserstein is represented by Sasha Levites of Frankfurt Kurnit. Weve always been inherently limited by geography, and the Web has allowed us to build out something for high-slash-middlebrow culture for a national audience that nobody is really occupying, Mr. Moss said. And Mr. Moss, a former editor of The New York Times Magazine, is widely considered one of the best in the business. Obviously, the price of the magazine is not justified by the facts, a media investment banker said at the time. Other New York reporting that has been adapted over the years includes Mark Jacobsons The Return of Superfly (American Gangster), Nik Cohns Tribal Rites of the New Saturday Night (Saturday Night Fever), Jacobsons Night-Shifting for the Hip Fleet (Taxi) and Gail Sheehys The Secret of Grey Gardens (Grey Gardens). Presslers viral Anna Delvey story, Maybe She Had So Much Money She Just Lost Track of It, has been optioned by Shonda Rhimes for Netflix. The company recently agreed to recognize the NewsGuild of New York as the bargaining agent for 180 full-time and part-time editorial workers. With Craig Archibald, Blair Bomar, Frida Farrell. Signup for Breaking News Alerts & Newsletters. Senate Bill 613, introduced by Sen. Julie . @MatthewSchneier. We reviewed our familys investments after Dad passed away. In July 2007, he sold American Lawyer Media to Incisive Media for about $630 million in cash. Kevin Stitt. Again. One source tells Media Ink that rather than an outright sale, the family would prefer a deep-pocketed strategic partner who could team up with them and invest heavily in the digital side. Lest the publication itself be forgotten, Ms. Wasserstein said she was still dedicated to the print product. On Monday, Ms. Wasserstein, 38, will become chief executive of New York Media, the magazine's parent company, giving the family more direct control of the publication and making it. ET. (There is another set of much younger children from another marriage as well.). The Heidi Chronicles is a 1988 play by Wendy Wasserstein. Vox Media Studios andNew YorkMagazine are behind projects such as the forthcoming Sex Diaries docuseries adaptation for HBO, Razzlekhan: The Infamous Crocodile of Wall Street with Lily Collins at Hulu, and Who Killed Tulum? [14] In 2005, he led the initial public offering of Lazard and became the public firm's first chairman and CEO.[15]. Wasserstein's political position was liberal. Newsweek, of course, is not New York magazine, and Sidney Harman is not Bruce Wasserstein. In light of the sudden death of Bruce Wasserstein, what is going to happen to New York Magazine? This page was last edited on 29 October 2022, at 14:49. [13] In 2002, he left the unit Dresdner Kleinwort Wasserstein (formed by merging Dresdner's United Kingdom unit Kleinwort Benson with Wasserstein Perella) to become head of the financial services firm Lazard. As Mr. Harman is about to find out, a weekly magazine is an expensive proposition for a stand-alone owner who cant spread the costs of distribution and the back office over other magazines. [5] His maternal grandfather was Simon Schleifer, a Jewish teacher in the yeshiva in Wloclawek, Poland who later emigrated to Paterson, New Jersey and became a Hebrew school principal. Seven years after "Bid 'em Up" Bruce Wasserstein sold the American Lawyer Media group for $630 million, the late billionaire's namesake firm is . Instead, Mr. Wassersteins children held on, and proved to be devoted owners. Scoop Wasserstein es un Escritor. [6], Wasserstein had four siblings: businesswoman Sandra Wasserstein Meyer; Pulitzer Prize-winning playwright Wendy Wasserstein (whose daughter, Lucy Jane, he was raising at the time of his death); Abner Wasserstein (died 2011); and Georgette Levis (died 2014), who was married to psychiatrist Albert J. ; 3 Hunter James Kelly Research Institute, University of Buffalo, Buffalo, New York, USA. In SBF, complex and singular sound like understatements. The magazine is owned by a family trust, not by Lazard or any of Mr. Wassersteins other holding companies. Whats Next for Convicted Sex Criminals Harvey Weinstein and R. Kelly? The film is executive produced by Brad Zimmerman, Ashley Fox, Milan Popelka, Alison Cohen, and Jonathan McClain. I wouldnt have wanted to take this on if this wasnt a place that I felt we could build value and an opportunity that I was excited about and my family is excited about., But she added: Could circumstances change someday? On Monday, Ms. Wasserstein, 38, will become chief executive of New York Media, the magazine's parent company, giving the family more direct control of the publication and making it something of a New York media dynasty. Pamela Wasserstein and Avi Zimak attend the 2017 Vulture Festival kick off party at The Top of The Standard at The Standard, High Line on May 19,. Reached for comment, New York provided this statement from New York Media editor-in-chief Adam Moss and publisher Larry Burstein: Were shocked and saddened by the loss of Bruce Wasserstein. [27] However, Wasserstein died in Manhattan three days later, on October 14, at the age of 61. Featured Restaurants. And Bens siblings, Pamela and Scoop Wasserstein, also seem to believe that their father would have wanted them to hang onto the magazine. Wendy Wasserstein's Sloth is THE self-help manual for our age." --Flora . Sex Diaries chronicles eight New Yorkers in short, intimate profile as they navigate sex and dating in the city. Seeing the revival of Wendy Wasserstein's Pulitzer Prize-winning play reminded me of how much it influenced my life --- I'm always a bit anx After Mr. Wasserstein, an investment banker who helped popularize the hostile takeover, died unexpectedly in 2009 at 61, there was a short period of uncertainty about the publications future. All Rights Reserved. Whether or not he intended on changing the world it looks like he just did.. Bad Projection Is Ruining the Movie Theater Experience, 6 Stand-ups Analyze ChatGPTs Attempts to Steal Their Jobs, Travis Barkers Finger Is Now the Enema of Blink-182 Fans. [19], Wasserstein was married four times and has seven biological children:[7], Wasserstein had two more children, Sky & Rose Wasserstein, with Erin McCarthy[22] after separating from Becker;[23][24] McCarthy, a Columbia MBA graduate, was formerly a director of development at Columbia University's Graduate School of Journalism. This story has been shared 119,476 times. Last week, Newsweek was sold (for $1 plus great big liabilities) to Sidney Harman, the audio pioneer. A podcaster navigates casual relationships in the age of hook-up apps; a polyamorous sex educator enjoys a threesome with a new partner. Michael Lewis is writing a book that has the likes of Amazon, Netflix, David Fincher, Josh Gad and David Heyman circling, while Scott Burns and Jonathan Glickmans Panoramic are looking at a potential project with The New York Times Andrew Ross Sorkin. The New York Times reports that this was an all-stock transaction of undisclosed value. WME understands our voice and our editorial standards as we bring the New York Media verticals to arenas from touring to production to podcasts. Lauren Starke, Head of Communications for New York Magazines told FOX Business. He was a graduate of the McBurney School,[2] University of Michigan, Harvard Business School, and Harvard Law School, and spent a year at the University of Cambridge. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Despite the early-season drama, its still (almost) anyones game to win. Digitally, the magazine has become something of a force. 2023 Vox Media, LLC. Lineup About Sponsors Lineup About Sponsors. [10], Starting his career as an attorney at Cravath, Swaine & Moore, Wasserstein then moved to First Boston Corp. in 1977 and eventually rose to co-head of that company's then-dominant merger and acquisition practice. Mr. Wasserstein: We believe New York has significant long-term value and growth potential, he said, adding later, I am not a romantic., Mr. Harman: Im not here to make money, he told the staff of Newsweek. Scoop auto, scoops automobiles, nouveaux modles, futures voitures. Browse Movies : 2022 (Page #3) - Armageddon Time The Menu Samaritan Slumberland The Princess Nocebo Women Talking Shut In The Outfit Alice, Darling Wasserstein and Bankoff sought to calm nerves during a noon staff meeting at New York Media's Canal Street offices, highlighting things like common "cultural" DNA and business synergies,. When he bought New York, Mr. Wasserstein had other media properties, including The American Lawyer; a keen and respected operator named Anup Bagaria overseeing his holdings; and a history of coming out on the winning side of transactions. It was originally reported that his condition was serious, but that he was stable and recovering. The magazine cover story, which looks at Bankman-Frieds rise from an honest crypto guy ready to spend his fortune to save the world, to FTXs fall into Chapter 11 with him having to sell his property in the Bahamas. Led by editor-in-chief David Haskell, New York and its five verticals Intelligencer (politics, business, technology, media), Vulture (culture), The Cut (women's interest), Grub Street (food). scoop wasserstein new york magazinejavascript open new tab but stay on current page scoop wasserstein new york magazine New York is owned by New York Media Holdings, which is owned by the Wasserstein Family Trusts and is now controlled by Mr. Wassersteins children. Im here to make joy.. [24] Upon Wasserstein's death, trustees for the various family trusts barred Sky from benefiting from the jointly owned trust assets, and in 2011, filed an accounting in a New York court to "cash out" Sky from the holdings. Christine Parrott (divorced 1992). But even though, the darkest possibility played out at New York when Mr.. Can Anyone Predict Whos Going to Win Best Supporting Actress? That will never work, right? Pam Wasserstein was tight-lipped about efforts to sell New York Magazine and its popular websites, including The Cut, Grub Street and The Strategist. The signing also comes on the heels of Jennifer Lopezs blockbuster hit Hustlers, a movie about a group of racketeering dancers that earned $72 million in the box office at the end of the summer, based on original reporting by New York Magazine andJessica Pressler'sstory, "The Hustlers at Scores.". Of course., An Heir Whos Ready to Take the Reins at New York Magazine, https://www.nytimes.com/2016/04/27/business/media/pamela-wasserstein-new-york-magazine.html. Cranberry Dune consists of five lots next to Jerry Seinfelds home, and boasts a tennis court, a pool, and five fireplaces. Phone Number (212) 702-5600. Just because it never happened doesnt mean they cant get back together. If that doesnt have limited series written all over it in your mind, its about to. Pamela Wasserstein, 38, a former corporate lawyer whose father paid $55 million for New York magazine in 2004, will become chief executive of its parent company on Monday. The next day, Mr. Moss called Ms. Wasserstein, then working for the company behind the Tribeca Film Festival, and floated an idea: She should run the magazine. The strength of the company were building, both in business terms and in the quality of the editorial products, is the result of years of long-term planning by our father and the New York team.. An Oklahoma Senate committee moved forward two bills last month aimed at restricting transgender transition, one of them requested by Gov. Sources estimate that parent company New York Media, where Wasserstein is the CEO, lost $5 million to $10 million last year. Perhaps most important, Mr. Wasserstein was 55 when he bought New York, while Mr. Harman turned 92 last week. 2023 Deadline Hollywood, LLC. Mutual Fund and ETF data provided byRefinitiv Lipper. The producers are Scoop Wasserstein, Ben Browning and Amy Jackson. New York Media, owner of New York magazine and several websites, is exploring options including a possible sale, according to people familiar with the matter, the latest publisher to. To read our full stories, please turn off your ad blocker.We'd really appreciate it. He said his surgery was a success, but he needs time to heal before he can tour again. Browse Movies : R (Page #4) - Neon Lights The Black Phone The Gentlemen The Outfit Bones and All The Subtle Art of Not Giving A #@%! 2023 The Hollywood Reporter, LLC. The family members meet with the management team monthly and weigh in on broader budgetary and strategic priorities. And rich guys are also accused of buying media properties simply to burnish their obituaries. [18], As of 2008 he owned an apartment at 927 Fifth Avenue in New York City, an estate in Santa Barbara in California, an Atlantic oceanfront estate in East Hampton (Long Island), a house at 38 Belgrave Square in London, and another apartment in Paris. New YorkMagazine and Vox Media Studios are also developing a documentary on the topic with the companies working alongside its reporters and sources across the country and in the Bahamas. Jason Statham and Aubrey Plaza do not seem like a match made in action-comedy-chemistry heaven, but it somehow works. If so, two of Mr. Wassersteins children seem the most likely picks: Ben Wasserstein, a 2003 Harvard grad, was once an editor at New York before he left to go to the New Republic, which he later left for a position at HBO. Pam Wasserstein insisted in a 2012 court affidavit that sharing Cranberry Dune with McCarthy and Sky would be a source of unimaginable stress and trauma for my brothers and me., We would rather sell these homes than live under those circumstances. Max Read, the former editor of Gawker, will lead Select All. Let me get this straight: A very rich guy buys a financially and editorially beleaguered weekly magazine, saying he wants to preserve an important journalistic asset. Like everybody else on the planet, Ive been unable to pry my eyes off of this story for weeks, said Moore.
