How advertising is handled has always been a key distinction between low and high order publishing. The higher you stood, the more separate you were from advertising, and, in the logic of snobbery, the greater a premium price the top brands would pay to be in your company.

A particular modern problem is that megalomania, especially when it involves real estate development, is the disturbance of many faceless men. And a faceless man is a difficult enemy.

One of the great business virtues of high publishing was that it was a difficult business to enter. You had to stand for something.

Michael Wolff Quotes