And a round of applause as I come out of my 8th wedding weekend of the year. I was in Southampton over the weekend and I couldn’t help but notice the plethora of available commercial space — should I open the Feed Me HQ on Long Island and inset myself into the Hamptons local politics scene? Could be a vibe.
Hope you all had a nice weekend. My inbox is now open for all horror movie recommendations. My preferences lean towards psychological thriller (I like Funny Games, I liked Mother!, I like Creep). I made a TikTok over the weekend after drinking a Celsius and that’s going to be used in place of a selfie today.
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NEWS:
Maybe you want to buy your girlfriend a feminist website for Christmas. G/O Media puttingJezebel up for sale highlights the struggles of niche, digital media brands that are suffering from a weak ad market and a fragmented landscape. Jezebel was one of the first internet blogging sites to write frankly about issues and topics affecting women (some memorable stories include a close observation of Melania's face while Trump got booed, a Jia Tolentino interview with a woman who had an abortion at 32 weeks, and a story of how we failed to protect Kesha). PE firm Great Hill Partners bought G/O Media, previously called Gizmodo Media Group, reportedly for less than $50 million in 2019, and since then the portfolio has been a bit of a shitshow. Jezebel editor-in-chief Laura Bassett quit in August, taking a swipe at a poor work environment when she left, per The Daily Beast. Listen, there’s a gap in women’s media — The Cut isn’t the same as it once was, Teen Vogue and Rookie used to have power that they no longer do, there are great writers who mostly have their own platforms. There’s an opportunity here if someone wants to call G/O Media!
The airport lounge business is booming. The trend has posed both an opportunity and a challenge for airlines and credit card companies as they market luxury to the masses. The spaces have to be both exclusive and attainable for enough people. 🛩
New York Magazine’s Power List is pretty stacked. The issue names 49 people who are actually running the city, including finance legend Lee Fixel who is responsible for most of Tiger’s success in private markets and now runs Addition (“He keeps a low profile and has a strict no-press policy. He doesn’t tweet; there’s no company blog; he prides himself on avoiding FOMO and fads.”), and Gregg Lemkau who confused everyone when he left his CEO path at Goldman in 2020 (“The plutocrats trust him because of his involvement in some of Goldman’s best-timed tech bets (like procuring pre-IPO shares in Facebook) and his reputation as someone who can negotiate impossible deals with impossible people.”). God, I love when New York does this kind of reporting.