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If you are Graydon Carter, the very
successful editor of Vanity Fair, it pays to be well-connected in
Hollywood, where the magazine turns for so many of the stories that
appear in its pages.
The question, a subject of major stories today in both The
New York Times and the Los Angeles Times, is whether the payback
from some of those connections was legit.
The payback?
A $100,000 payment Carter received as a finder's fee for
recommending the book "A Beautiful Mind" to the producers
who turned it into an Academy Award-winning movie.
If Carter were just anyone, he would not be the subject
of such stories. But as the editor of Vanity Fair, which
routinely writes about the producers of that and other movies, the
suggestion is of a serious breach of journalistic ethics. Among editors of newspapers and magazines, it's not considered
kosher to carry on side deals with figures you cover in your
publications.
But clearly something else is at work, judging by the
attention given to Carter's $100,000 finder's fee.
Word had been leaking for days that both papers were hot on
the story, and the other day there was a report that The Wall Street
Journal had joined the chase. The New York Times had two reporters
on the story, the Los Angeles Times had three.
Why the sudden attention to a $100,000 fee where there's no
suggestion of illegality? And this from newspapers whose business
reporters routinely cover stories in which billions are bilked from
major corporations by the worst sorts of criminal minds?
Adding to the puzzlement of timing, this morning the
New York Post reports a far more serious charge, that top Vanity
Fair writer Dominick Dunne is accused by a woman of paying her hush
money so she wouldn't blab that she served as a fake source on Dunne's
pieces.
The woman, who reportedly lives in Virginia, tells the
Post she was quoted in a 1994 Dunne story on Erik and Lyle
Menendez as saying she overheard the two bragging that they had
conned the public over their claims of innocence in the killing of
their parents.
The woman now says it was a lie and that
Dunne had paid her some $1,600 over the years to keep quiet. Dunne
admits to giving her money but says it was not to hush her.
The Post quotes Carter as saying he saw nothing wrong
with the payments since they came from Dunne, not the magazine, and
that he believed Dunne gave her the money because he felt sorry for
her.
In the two Times stories, the bulk of the coverage is
of Carter's relationship with Brian Grazer and Ron Howard,
principals of Imagine Entertainment, which produced "A
Beautiful Mind." The book, published in 1998 and
written by a former New York Times reporter, won Best Picture in
2002. Vanity Fair had run excerpts of the book.
The New York Times notes that Grazer and Howard
for the past two years have been on the magazine's list of new
establishment power brokers. It reports that Carter received the
$100,000 fee some 18 months after the movie came out.
In defending Carter, Condé Nast, which publishes
Vanity Fair, told both papers that executives were aware of the
payment and did not object.
"Graydon Carter is a great editor in chief,"
longtime spokesperson Maurie Perl told the papers.
"Chuck Townsend, president and chief
executive of Condé Nast, and Graydon Carter are completely on the
same page regarding Graydon's editorship of Vanity Fair."
In its story, The New York Times cites journalism
authorities contending that the payment and Carter's relationships
with Hollywood figures cross ethical lines. But it makes no
suggestion that the fee wasn't deserved.
The Los Angeles Times raises similar ethical issues
but also goes on to suggest that the finder's fee was given over
somewhat grudgingly at Carter's request.
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