OLD Media Moves

Is Bloomberg acquiring BusinessWeek — or is it Time/Fortune?

October 27, 2009

Jay Yarow of The Business Insider notes the large number of former Time Inc. and Fortune magazine executives and editors now at Bloomberg who could become involved in BusinessWeek magazine when its deal for the weekly closes.

Yarow writes, “Look at the people in charge.

  • Norman Pearlstine, the new chairman of BusinessWeek is the former editor-in-chief at Time Inc.
  • Jim Kelly, who used to be managing editor at Time, has been sitting in on BusinessWeek’s editorial meetings, and is now mentioned as a possible editor-in-chief for BusinessWeek.
  • Bloomberg also has Eric Pooley, a former managing editor at Fortune, on its staff.
  • Jim Aley who used to be at Fortune is also sitting in on meetings.
  • Robert Friedman a former International editor at Fortune is now an editor at large for Bloomberg.

“With the magazines top editors on their way out — Stephen Adler announced his resignation last week — BusinessWeek staffers feel a little bit jarred and disconcerted.”

Read more here.

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