Oscar ceremony or no Oscar ceremony, Vanity Fair has canceled its multimillion-dollar after-party, an event where everyone who is anyone attends. The New York Times reports that Editor Greydon Carter's sympathy lies with the striking writers. He told the Times, “Whether the strike is over or not, there are a lot of bruised feelings. I don't think it's appropriate for a big magazine from the East to come in and pretend nothing happened.”
In December, Carter told WWD, "We're going ahead as planned, although we have made provisions for a shorter-than-usual ceremony. Since it's all hypothetical at the moment, it's difficult to comment further."
The Times adds that the cancelled party, usually a second red carpet for the stars, would have been the magazine's 15th.
The Oscar ceremony may go on without its stars, fearful of an inevitable picket, but the “real show” will be dark.
The New York Times looks at the impact of Bono's Red campaign, “combining consumerism and altruism,” on H.I.V. and AIDS cases in Africa. While many praise the campaign for generating more than $22 million toward 33 testing and treatment centers and preventing women from transmitting H.I.V. to their babies, others, including activists and bloggers, criticize a lack of transparency and wonder if more money goes to ads than Africa.
CEO Susan Smith Ellis tells the Times that the Red campaign itself does not advertise, but reaches out to retailers who pay a fee to label their products “RED” and pay a portion of the sales to the Global Fund, a public-private charity. To counter other obvious criticisms, Tamsin Smith, the president of Red who formerly led Gap's government affairs department, said, “Red is not a charity; it's a business.”
Billionaire hedge-fund operator Carl Icahn is neither dinosaur nor money robot. The investor will take up blogging to voice his opinion about management problems at public companies. "I may do something to finally focus on more than making money," Icahn told the Wall Street Journal.
In late Jan., New York City public health officials voted to list caloric content on chain restaurant menus, prompting a National Restaurant Association lobbyist to blast an e-mail to state restaurant trade groups regarding a national response. According to Business Week, Chains are contesting the regulation, saying that the numbers could confuse consumers.