Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Portfolio Died Because of New York City Inbreeding

What's the Media Equivalent of Hillbillies?

By Published on .

I'm not quite sure that Michael M. Thomas is actually connecting the dots to Portfolio in this Forbes piece. But I admire his dedication to propping up its fresh corpse to use as a straw man in an anti-New York screed.

I think New York City is as much as any other cause responsible for the passing of Portfolio. Somehow, for all sorts of reasons, there has grown up in Manhattan, in media, finance and culture -- and in what passes for "society" -- a narrow establishment so ingrown, so inward-looking, so self-congratulatory, so self-regarding, so gossip-fixated and so all-in-all provincial that it would take the imagination of a Balzac or Flaubert to get it right.

And then he advocates launching a shoulder-fired missile at Michael's during lunch! Seriously!

Most Popular