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The magazine Hot List, which debuts today, was launched 31 years ago in Adweek by its editor, Clay Felker.

That was an era that my former colleague at New York, John Homans, calls the late renaissance of the magazine business. Not only was Manhattan the magazine capital of the world, but magazines were the most influential medium in the city. Editors were the barons of the day; publishers had the most salubrious jobs in town.