John Veronis, an ebullient investment banker whose boutique firm specialized in major media deals, including Rupert Murdoch’s acquisition of the company that owned TV Guide, and who had earlier helped launch Psychology Today, died on June 24 at his home in Manhattan. His wife, Lauren Veronis, confirmed the death. In one instance, Irvin J. Borowsky, a publisher of profitable trade magazines, asked for his advice about Cue magazine, the entertainment and dining guide, which had been losing money. “He couldn’t see it clearly,” Mr. Veronis said in a 2007 interview with the Drucker Institute, founded by Peter Drucker, an expert on modern management. “Why hold onto Cue?” Mr. Veronis recalled asking, to which Mr. Borowsky replied, “My wife loves it.”

Source: New York Times July 17, 2021 21:21 UTC