Quote:
Originally posted by Mike AI@May 20 2004, 11:42 AM
http://www.lukeisback.com
AVN Fires Advertising Manager Jennifer Rosenblatt
At Scott Fayner's well attended birthday party at Club Ice on Cahuenga Wednesday night, I heard speculation that AVN VP Darren Roberts was behind the firing. According to speculation, those parts of the AVN empire that Darren runs are more profitable than the parts that Paul Fishbein runs. Therefore, he's achieved more power in the AVN machine and he made the decision to get rid of Jenn.
I also hear that Farley Cahan, head of AVN Online, and AVN editor and publisher Tim Connelly were glad to see her go.
I understand that the primary reason for the firing was financial. Jenn's contract and annual salary was just demanding more money than AVN wanted to pay her. This firing has been in the works for about six months.
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This smells like a symptom of the same problems that is causing cut backs all over the adult web...
The easy money is gone, cash flow is tight, and no one is throwing around money like they used to. Companies are getting tighter with those ad dollars, and I'm sure the ad revenue and trade show revenue charts at AVN look like an upside down hockey stick at this point.
Lots and lots of other popular employees at various companies have lost their jobs in the last year, and I think there'll be many more unfortunately.