Tom Wallace

The most interesting thing in Richard Perez-Pena's 3,330 word write-around profile of Si Newhouse is the language from Condé Nast executives about the importance of the Web.

• Tom Wallace, editorial director, Condé Nast: “You’re going to have to go a long way on the Internet to compete with the way we produce words and images in the magazines."
• Steve Newhouse, chariman of Advance.net: “What we’re not doing is trying to turn those companion sites into large Web destinations. They’re there to support the magazines.”
• Jonathan Newhouse, head of Condé Nast international: “I think sometimes commentators throw around these assumptions about what is happening to the industry, going the way of newspapers, and I don’t believe it.
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It's on the record now.

Condé Nast editorial director Tom Wallace gave the company's loudest and most forceful public support for Joanne Lipman, the editor of Portfolio. In a story in today's Women's Wear Daily written by Stephanie Smith, Wallace says the following: that the company "love[s]" Joanne Lipman; that she's an "ingenious" editor; that she's absolutely safe in her job; that the company is "extremely pleased" with the magazine.  read more »