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The Fanciest Dive: What Happened When the Giant Media Empire of Time/Life Leaped Without Looking into the Age of High-Tech, by Christopher
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- Sales Rank: #2838288 in Books
- Published on: 1986-02
- Original language: English
- Number of items: 1
- Dimensions: 1.00" h x 1.00" w x 1.00" l,
- Binding: Hardcover
- 280 pages
From Publishers Weekly
Early in 1983, Time, Inc. launched a new magazine, TV-Cable Week, which promised to provide state-of-the-art programming information to cable owners across the country. Six months later the magazine folded, at a staggering $47 million loss. The author, who had been a senior editor on TV-Cable Week's staff, spent the following two years interviewing key players in the venture, and has produced this account of its rise and fall. The original concept, Byron reports, grew out of Time's felt need for control in the cable industry and credibility on Wall Street. When TV-Cable Week failed to attract distributors, and its losses surpassed projections, Time's corporate leaders abandoned the project they had not market tested. Byron tells an engrossing and plausible behind-the-scenes tale of heroes, villains, secret agendas and suppressed memos, and concludes that when corporate decision makers become preoccupied with profits in disregard of their customers, the result is disaster. This book is to be read in the context of the current shifts and survival questions faced by Time, Inc. and other corporate giants today. First serial to Vanity Fair.
Copyright 1986 Reed Business Information, Inc.
From Library Journal
Over the years Time, Inc. has had unrivaled success developing new magazines. Thus the communications industry was shocked when, in 1983, the company launched a short-lived dud called TV-Cable Week , which proved to be "the quickest and costliest failure in magazine publishing history." What happened? How could a conglomerate with Time's resources and track record bomb so miserably? Byron, an editor with the ill-fated publication, furnishes the answers in this inside account of corporate bumbling and confusion. As readable as it is enightening, the book names names and affixes blame forthrightly. An outstanding case history of a major business failure. Kenneth F. Kister, Pinellas Park P.L., Fla.
Copyright 1986 Reed Business Information, Inc.
Most helpful customer reviews
2 of 3 people found the following review helpful.
Terrific story of an incredible bomb of a magazine
By Booklover
Christopher Byron is an excellent business writer, and in The Fanciest Dive he tells the HBS case study-worthy story of the $50 million failure of Time Inc's ill-fated TV-Cable Week. It is not to be missed, and 22 years later there are still ample lessons to be gleaned from the tale. Business readers will not be disappointed.
2 of 7 people found the following review helpful.
byron is a hack - "them that can't create or write, hack"
By carolyn sheridan
the male kitty kelley - who makes his rise on the ashes of others... a lot of talented editorial went into TV CABLE WEEK and came out of it (notably Lorenzo Carcaterra - SLEEPERS author - incredible book, devastatingly incredible movie... not to mention Graydon SPY/ VANITY FAIR Carter) -
What The World Needs a lot less of... is these folks who [Wayne's World] "aren't worthy" to evaluate, judge or even (so subjectively) report on others' endeavors or lives until they take a closer look at their own... sad, but true.
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