I can’t believe that Condé Nast’s business mag Portfolio has shut down without even yanking editor-in-chief Joanne Lipman and trying a new topper. (Like Peter Kaplan.) That sadly leaves a lot of good writers jobless, but hopefully they’ll snag contracts with other Condé Nast publications. (Like Amy Wallace.) I said from the beginning that the idea was good but its execution was awful. Take, for example, all those blowjob covers on the Big Media moguls: totally worthless CEO porn ignoring the new intolerance for corporate greed. File this under the subject of, “If Only…”
Editor-in-Chief Nikki Finke - tip her here.


Portfolio was worthless. They should have let the good writers there instead of Lipman choose the covers. Epic fail by Conde. Let them eat the $200 million they blew, I say.
Welcome to the new reality, print people. 70 percent of print papers and mags will be gone in 5 years.