Hearst, Talk Media near announcement on deal

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Hearst Magazines and Talk Media--ex-New Yorker Editor Tina Brown and ex-Vogue Publisher Ron Galotti's venture with Miramax Films--are expected to announce a partnership deal as early as this week. The pact will give Hearst a stake in a general-interest title and a rival to Conde Nast Publications' Vanity Fair and The New Yorker. Talk, the magazine being launched under the deal, should debut in September.

Copyright January 1999, Crain Communications Inc.

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