Mort Zuckerman and Jeffrey Epstein to launch a new publication, Radar Magazine, next spring.

(New York, NY, October 18, 2004) – Mortimer B. Zuckerman and Jeffrey Epstein announced today that they have formed a partnership to launch a new publication, Radar Magazine, next spring. Maer Roshan will be editor-in-chief of a hip, news making, general-interest magazine targeted to upwardly mobile, urban readers aged 25 to 39.

Radar Magazine will debut in the spring of 2005 offering readers an irreverent and literate take on pop culture, politics, trends and style. Radar Magazine’s circulation will be concentrated in major metropolitan areas across the nation. Complementing the magazine will be a new web site, www.radarmagazine.com, which will serve up original news, commentary and “fresh intelligence” on a daily basis.

“We believe that there is a large, untapped market for a smart, topical magazine like the one we plan with Maer at the helm,” said Mr. Zuckerman. “Maer is a unique talent and I am very enthusiastic about his ability to make Radar Magazine a must-read for a young urban audience. With the team he is already assembling, we have an excellent opportunity to capture a unique, much coveted readership for this magazine.”

Mr. Roshan, an equity partner in the new company that will publish Radar Magazine, said, “I want to thank Mort and Jeffrey for their confidence in me and my staff. I’m honored to have the support of two partners who share a real passion for journalism, great ideas and a bold, long-term vision for this magazine.” Douglas Hand of Hand & Baldachin negotiated the agreement on Mr. Roshan’s behalf.

Linda Sepp, the former publisher of Fast Company, currently working on new business ventures for Zuckerman’s media properties, will be Radar Magazine’s publisher. Paul Fish, who launched Maxim and Stuff as Dennis Publishing’s CFO, will be general manager. Elinore Carmody, the founding publisher of George and a specialist in magazine launches, will join as senior VP and chief marketing and sales officer.

For Mr. Roshan, Radar Magazine is the latest chapter in a diverse journalism career that has included stints at Details, Interview and Talk, where, as editorial director, he boosted circulation by 17% in its final six issues. He has also written for The New York Times, the Miami Herald and the Los Angeles Times, among other publications, and began his journalism career as the military and police reporter for the Key West Citizen. As deputy editor of New York for most of the nineties, he produced some of the magazine’s most celebrated and best-selling issues. He recently returned to guest-edit New York’s GOP convention issue and four convention ‘dailies.’

Radar Magazine will be Mr. Zuckerman’s first major magazine launch since Fast Company, the award-winning business book he helped launch in 1995. In October 2004, Mr. Zuckerman launched 25hours, a weekly magazine focused on celebrity, society and style that is published by the New York Daily News.