Wall Street: Tuesday Morning
• Bank of America sold off a $7.3 billion stake in China Construction Bank as it seeks to raise cash. Good news: only $26.6 billion to go! [DB] • Andrew Cuomo is expected to announce that Hank Morris...
View ArticleNewsday, The Times & The Gloomiest Cannes Ever
• Jim Dolan's Cablevision says that Newsday is not for sale, which is good since there isn't a company on the planet that wants to buy it. [E&P] • David Geffen made an offer to acquire the stake in...
View ArticleGeffen's Bid, Palin's Book, A New NEA Chair
• Veteran theater producer Rocco Landesman has been nominated to be the next chairman of the National Endowment for the Arts. [NYT] • Why did David Geffen try to buy a stake in the New York Times? It...
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Who Will Save the NYT From its Saviors?
So far the possible financial saviors of the New York Times are a shady Mexican billionaire, a shady Hollywood billionaire, and a plan to give free t-shirts to anyone who donates. Anyone see a problem?...
View ArticleA Pay Plan For the Times, Trouble at Forbes
• The New York Times is now thinking of charging consumers for access to its web site, although doing so would be "tricky," says Bill Keller. Indeed. [NYT] • There are some signs of further trouble at...
View ArticleAd Declines, Dowd In the Hot Seat & The New Newsweek
• Monthly mags continue to suffer: Ad pages have dropped by 23 percent on average, although the situation is particularly dire at Condé Nast. [NYP] • Maureen Dowd landed in a bit of hot water after it...
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The Real Housewife and the Gray Lady
Reports surfaced recently that media mogul David Geffen had expressed an interest in buying a piece of the New York Times. As the story goes, Geffen had offered to buy Harbinger Capital Partners' 20...
View ArticlePlayboy, The Times, The Observer & 'American Idol'
• Rumor has it Richard Branson may be interested in buying Playboy. [ChiTrib] • Two Boston Globe unions have agreed to concessions with the NYT Co. [E&P] • Why did the Times pick Mexican...
View ArticleArianna's Best Birthday Ever
How has Arianna Huffington been spending her 59th birthday? She started the day in Greece before making her way to Croatia, reportedly aboard the Rising Sun, the 454-foot, $250 million yacht that is...
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Arianna Huffington, Yacht Hopper, Crowdsources Her 59th Birthday Party
Arianna Huffington's 59th birthday has been nothing if not dramatic. The internet publisher returned to her birthplace of Athens, Greece before ending up in Dubrovnik, Croatia, possibly via David...
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Geffen Signs Pope
Oh man, the Pope totally sold out—he just signed a record deal with David Geffen the gay Malibu beach-hoarding billionaire. We bet some sleazy A&R guy promised to make him rich. Don't listen to...
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Dreamworks Hold on Hollywood Democrats Continues into the Obama Era
The White House is set to announce the guest list for its first state dinner, and among the few invitees from Hollywood are Messieurs Spielberg, Katzenberg and Geffen, sealing the DreamWorks trio's rep...
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Meet the Hot Boyfriend David Geffen Took to Obama's State Dinner
It's well known that movie mogul David Geffen is Obama's Gay Friend. This was reinforced by tonight's state dinner, where Geffen sat at Obama's table. Oh, and Geffen's plus one was there, too: His...
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The Scene in Washington; Jolie vs. Obama?
• Last night's state dinner drew quite a crowd. On hand of the occasion: Katie Couric (accompanied by beau Brooks Perlin), Gayle King (sans Oprah), Brian Williams, Mayor Bloomberg (with Diana Taylor),...
View ArticleWith Introductory Remarks by Satan
Soulful crooner David Geffen to be inducted into the Rock'n'Roll Hall of Fame.
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Carly Simon's Big Reveal
The "You're So Vain" guessing has finally ended, much to the chagrin of narcissistic old musician dudes like James Taylor who thought it was about them. And it's... David Geffen?! WTF? (Update: Maybe...
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Weir's Conditions for Appearing in Vanity Fair: Must Be in Body Paint, Must...
Weir explains his creative process. Jessica Simpson cries on Oprah's couch. John Mayer can't get a date. Kristen Stewart and Rob Pattinson grope each other in public. Johnny Depp fears mirrors. Tuesday...
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Famous Gay Couples We Want to See Tie The Knot
A California judge ruled yesterday that preventing gays from getting married is unconstitutional. But nothing in Cali matters until a celebrity does it! Here are the brides-and-brides and...
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David Geffen Broke Up with His Gorgeous Young Boy Toy
Billionaire David Geffen is going to have to find some other pretty young thing to take to state dinners and on all-boy vacations with Barry Diller and other barely closeted rich people. According to...
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David Geffen: My 20-Year-Old Football Player Ex-BF Is Stalking Me
Professional rich person David Geffen is having boy drama again: His 20-year-old ex-boyfriend—who was kicked off his college football team after being spotted macking with the then 69-year-old music...
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Pornstar "Feared for His Safety" After IDing David Geffen as Sugar Daddy
A secretive world of group sex and lavish gifts between porn stars and wealthy businessmen is unravelling in federal court—and people are getting nervous. One witness, porn star Justin Griggs, told...
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Porn Star Found Guilty of Extorting $500,000 From Telecom Mogul
On Thursday, gay porn actor Teofil Brank was found guilty of six federal charges stemming from a $1.5 million extortion scheme against business tycoon Donald Burns, the Associated Press...
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David Geffen: America's Worst Philanthropist?
Billionaire Hollywood mogul David Geffen announced another large philanthropic gift this week—one that could fully cement him as the most narcissistic and least useful philanthropist in America.Read...
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David Geffen Gives More Money to the Charity of Glorifying David Geffen
Billionaire Hollywood mogul David Geffen, whose ability to use charity donations to embody the principle of selfishness is truly astounding, made—spoiler alert!!!—another gaudy, wasteful,...
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David Geffen's Quasi-Undiscovered Instagram Is Mostly Extremely Boring
David Geffen off the coast of Italy: Instagram Entertainment mogul David Geffen has a fascinating interior life. As an old billionaire, he has constantly afforded himself the best young, muscular ass...
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