To: alan w who wrote (220039 ) 1/19/2002 12:25:46 AM From: greenspirit Respond to of 769670 Looks like they had too many parties and ruined the company. We need a congressional investigation to look into these matters!! What kind of a house does she live in? Does she drive an SUV, have a private plane? Who knew and when did they know it! <VBG> XXXXX DRUDGE REPORT XXXXX FRI JAN 18 2002 16:02:37 ET XXXXX drudgereport.com EXCLUSIVE: TINA'S TALK HALTS PUBLICATION; PLUG PULLED ON MONTHLY MIRAMAX/HEARST has pulled the plug on TALK magazine -- effective immediately, the DRUDGE REPORT has learned. The current issue on newsstands will be the last, say top sources. The magazine's staff will be told of the dramatic development during a 5 pm [ET] meeting. The decision to fold the monthly was made in recent days, with TALK president Tina Brown described as "highly disappointed" by the action. TALK/MIRAMAX will continue its successful book division, with upcoming works by Rudy Giuliani and Madeline Albright, sources say. The magazine launched with a splash in the Summer of '99 with an all-star party at the Statue of Liberty attended by Madonna, Kissinger, Rushdie, Bacall, Demi, Hurley and others. Brown quickly caused a fuss-commotion with her inaugural issue when First Lady Hillary Clinton confessed how the president had trouble remaining faithful to her because he was “scarred by abuse” when he was barely four. But the magazine quickly began bleeding money; in the end, losing upwards of $50 million. The Ad Crunch of '01 and a post-September 11 media slowdown proved to be too much a burden for the upstart."The parties, the premieres, the expense accounts were brutal on the bottom line," says an insider.