Sunday, May 31, 2009

Spotlight on Si

New York to publish cover story on Newhouse and the Condé Nast "Dream Factory"
Friday, May 29, 2009
(NEW YORK) Does Si Newhouse ever get nervous? On Monday, New York will publish a cover story entitled "Si Newhouse's Dream Factory", which The Daily hears takes a cold, hard look at Condé Nast's current cash flow situation. The piece was penned by Steve Fishman, who most recently took on Bernie Madoff for the magazine. "Condé Nast's own stars compare their glossy empire to the MGM of Old Hollywood," reads the teaser, although the story is being kept under lock and key until it hits the web at 10 p.m. on Sunday night. "But no one would wish it the same fate. What happens to a magazine empire built on glossy fantasies when harsher realities intrude?"

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