Personally, I hope they don't sell, or at least don't sell to the typical MBA-run brand maximization and strategic planning emulsifier (I ran out of business jargon words) who would just as easily turn the magazine into a pornographic rag as turn it into a copy of Esquire.
The Post article notes that people hoping for big change were heartened by the recent exit of CEO Christie Hefner, but now the big "obstacle" that remains is founder/editor Hugh Hefner. (Audio of Christie Hefner addressing The Commonwealth Club.)

Frankly, I'd put more store in the decisions of the man who created a miracle magazine and expanded it into a worldwide brand and movement and symbol of quality than I would trust the trading-desk opinions of some business geek who sees this as another company that can be bought and flipped or torn apart and sold for scrap. But then, I'm a magazine person, so my bias is obvious.
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