Fish Food: RD, Liz Smith, Dan Rather Edition

Delectable bits from around the web:

— Yesterday Reader’s Digest officially announced that Ann Powell has been named Managing Editor. ”Ann is a strong manager with a deep knowledge of best practices in our industry, as well as a graceful writer and editor” said RD EIC Peggy Northrop in a press release. ”Her broad range of experiences and leadership skills are most welcome as we continue to reshape the magazine.” Powell was most recently Assistant Managing Editor at Portfolio. Powell was on the Conde Nast team that launched the much-talked about business glossy with the energetic revolving door.

The Observer’s Doree Shafrir lunched with lady-who-lunches Liz Smith on her new web venture Wowowow: ”’We had hundreds of meetings and lunches. Well, not hundreds, but a lot,’ said Ms. Smith in her slight Texas drawl. She wore a white button-down shirt tucked into khakis, a pink cotton sweater tied around her neck country-club style, and a western belt. Her hair is very blond, her lipstick very pink. She has bright blue eyes, one of which has a ring of green around the pupil. ‘It’s taken almost a year or two to launch. We had to design it, and then we wanted it to look very classy and different.

”’We also got three major advertisers — Tiffany, Citigroup and Sony,’ she said. ‘We got classy, upscale advertisers. We didn’t have any advertising director. We did all of that personally. So that’s why it took so long.”’ More here.

Rachel Sklar of HuffPo blogs on the recent movement in the Dan Rather $70 million suit against CBS News: ”Recall that CBS’ original motion to dismiss called the allegations ‘baseless’ and ‘bizarre’ and said the lawsuit was ‘wholly without merit.’ It also argued that the suit was a ‘thinly-disguised’ defamation suit and as such was time-barred due to statutes of limitations. Obviously Judge Gammerman thought differently.” More here.