Pros
The cache of working for a Hearst Magazine, especially in the shiny new glass tower, was definitely quite cool and helped with bringing in clients and reps in from outside companies.
Cons
Internally, everything was a secret, and even the staff would often find out about essential news about your own magazine from outside sources before the top editors would even admit it, which definitely made us look bad. The way people were promoted made no sense. The ones who went home everyday at 5:30 were the ones who got promoted numerous times while the ones who were still working their butts off, burning the midnight oil, were the lowest paid and never acknowledged for their extra work. Also, I've never paid so much copay on medical benefits as I have at Hearst.