the new yorker that's when graydon carter comes into the story. >> people said my god, he's not going to be able to step into tina brown's shoes. ♪ >> reporter: but he did. carter formed an even closer connection to tinseltown. there would be iconic "vanity fair" academy awards parties. >> every one of the "vanity fair" oscar parties is memorable if you only just keep a tally of the people you saw and met. >> reporter: but nobody ever said being editor of "vanity fair" was easy. >> and what are you proudest of since you took over from tina brown? >> probably just keeping the job for the last 16 1/2 years. >> reporter: electronic media is the latest challenge for paper and ink but if anyone can beat the odds "vanity fair" is a pretty good bet. ♪ we're up all night to get lucky ♪ >> up all night to get lucky. hello, graydon carter. good morning to you. it's a little early. when i was telling people that

. >> rose: we continue with graydon carter, editor of vanity fair magazine. >> it is a love magazine. i think they are a perfect invention. there are so many great magazines out there. they are inexpensive and buy them anywhere and you can give them to a friend after, you can recycle them, they don't need batteries, no instructions and they are just, they are wonderful, i love them more than newspapers, i love them more than books in a certain way. >> rose: we conclude this evening with tamara mellon, called tamara mellon, her old company is called jimmy choo, her new book is called "in my shoes" when you were at jimmy choo, what was the driving idea? >> it was, for me, it was two things. it was about my freedom, my independence, and really vying my freedom from a crazy family. i was motivated by fear. but then i was also so incredibly passionate about creating a product. >> rose: the possibility of a global financial crisis because of the government shutdown in washington, graydon carter on vanity fair, and tamara mellon when we continue. >> funding for charlie rose was provided by t

about graydon carter. when they think about graydon carter, they think about "vanity fair." the two of you so closely aligned and you with your trademark hair. not everybody can pull off this look. >> it's true. other people have tried. >> no no it works for you. >> how long do you want to do this? >> i don't know i've done it for 21 years. i love my job. as long as i can feel like i can do it properly i'll stay on. there's a lot of young people. that's where you're connected to the culture. but it's a blank slate every month, there's something quite wonderful about putting it together. >> what do you most want to do? what story interests you the most? >> a big story right now is going to run if our april issue. three months we have three reporters on it. it's very much a section of our age right now. it's long-term projects like that. about love and it's dangerous that it could fail. it's day-to-day how things change. what i plan today could be a different day tomorrow. we try to do stories that will have

about graydon carter. when they think about graydon carter, they think about "vanity fair." the two of you so closely aligned and you with your trademark hair. not everybody can pull off this look. >> it's true. other people have tried. >> no, no, it works for you. >> how long do you want to do this? >> i don't know, i've done it for 21 years. i love my job. as long as i can feel like i can do it properly, i'll stay on. there's a lot of young people. that's where you're connected to the culture. but it's a blank slate every month, there's something quite wonderful about putting it together. >> what do you most want to do? what story interests you the most? >> a big story right now is going to run if our april issue. three months, we have three reporters on it. it's very much a section of our age right now. it's long-term projects like that. about love and it's dangerous that it could fail. it's day-to-day how things change. what i plan today could be a different day tomorrow. we try to do stories that will

. >> rose: graydon carter he served as editor of vanity fair since 1992, during his 21 year tenure he has won 11 national magazine awards including two for general excellence, vanity fair is well-known for its celebrity covers and as well as hard-hitting journalism, the great christopher hitchens called the magazine home. this fall marks van at this fair's 100th birthday part of the celebration is a release of a new book, it is called van at this fair, 100 years from the jazz age to our age. i am pleased to have gray don quarterback at this table. welcome, sir. >> thank you, charlie, good to see you. >> so what is the secret here? >> the secret of. >> >> having a magazine that continues to have life, vitality to be pushing at boundaries to be evolving, to be, you know, having the constance. >> it had good boants from the beginning, it was a gentleman magazine and sort of sophisticated aspects of life, frank crown shield was the first editor he set it up for a long run and didn't last for a long time. the first go round was 22 years, but when it started up in 1983 he basically told --