Hearst Cancels Holiday Party -- Daily Intel -- New York News Blog -- New York Magazine

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Hearst Cancels Christmas! [Parties]
Published 10/17/2008 by Pareene at Gawker
... Oh no! Bad things are happening to the already trod-upon desolate dead-eyed employees of the mighty Hearst Company! The magazine business sucks, and the economy's cratering, and CosmoGirl closed, so Hearst has decided that this year there will be no Hearst Christmas Party. Ye gods! Last year the party already moved from Tavern on the Green to their office (it's a big fancy brand-new office, but still), who knew there was yet more indignity to be suffered. This is a bad sign, for America. ...

Extra, Extra
Published 10/17/2008 by Jen Chung at Gothamist
... the past 10 sessions. Put all those swings together and you get a whopping 7,400 points." A Queens man claims he's the love child of JFK and Marilyn Monroe. Herman Martinez, 17, was charged with criminally negligent homicide for the car crash that killed two friends. The City Council had a hearing about Willets Point today; the largest landowner is negotiating with the city but isn't optimistic about an easy solution. Hearst Publications has cancelled its annual holiday party. No word on whether their individual magazines will still ...

Bah Humbug!
Published 10/20/2008 by Perez Hilton at Celebrity gossip juicy celebrity rumors Hollywood gossip blog from Perez Hilton
... As there seems to be no end in sight to the current financial crisis, many big companies are canceling their holiday parties. ...

Omens And Portents From The Trades
Published 10/20/2008 at Radar: Fresh Intelligence Blog
... that ticket sales may soon drop off. This week is traditionally the time when advance purchases for the holidays start coming in." ["W]ith the magazine business on the skids, Hearst cut costs last season by celebrating in the atrium of its new Norman Foster-designed tower (one staffer griped about food running out). Now even an in-house party seems excessive during the economic meltdown. A spokesperson says she hopes 'employees will understand our recent decision to forgo a company-wide holiday party this year.'" Some good news! ...