Rumors that BusinessWeek is for sale
Keith Kelly of the New York Post writes that there are increasing rumors that McGraw-Hill is shopping BusinessWeek magzine. Kelly writes, “Indeed, potential suitors would be hard to find. “Time Inc., owners of For tune, has its own troubles, as ad pages there have tumbled 39 percent so far this year. Forbes is down 39 […]
BusinessWeek to try paid online model
Lucia Moses of MediaWeek reports that BusinessWeek is trying a paid online model where subscribers will have a different experience. Moses writes, “Neal said the subscriber-only view would be print-like in presentation. He said the goal is to serve both paying and nonpaying readers by ‘making all our content available to Internet users but still […]
The case for optimism in biz press
Yvette Kantrow, executive editor of TheDeal.com, writes Friday about the sudden optimism emanating from BusinessWeek and its editor Stephen Adler. Kantrow writes, “In the video, Adler, interviewed by his No. 2, executive editor John Byrne, is almost giddy when laying out his case for optimism, which includes lots of money sitting on the sidelines; government infusions; […]
GigaOm to start charging for access to premium content
Olga Kharif of BusinessWeek reports that tech news site GigaOm has begun charging readers for access to premium content while its basic tech blogs will remain free. Kharif writes, “For $79 a year, the new GigaOm Pro will offer access to premium content, including research reports and long-form stories in such areas as wireless technology […]
Reuters hire three new biz columnists
Reuters announced Thursday the hiring of Agnes Crane, Matthew Goldstein and Christopher Swann, who will join the newly created commentary team as columnists. Based in New York City, all three will report into Jeffrey Cane, U.S. editor, commentary, and will start later in May and early June. Crane has been on the front lines in […]
Crain's Chicago, BusinessWeek, WSJ sites win Eppy
Crain’s Chicago Business, BusinessWeek magazine and The Wall Street Journal were among the business media outlets that won Eppy Awards, given by Editor & Publisher and Mediaweek for the best Web sites. Crain’s Chicago won for best business site with fewer than 1 million unique visitors per month, while BusinessWeek won in the category for […]
The end of biz mags as we know it?
Douglas McIntyre of 24/7 Wall Street writes about how the big three business magazines — Fortune, Forbes and BusinessWeek — will have to dramatically change to survive in the future. McIntyre says that all three lost money in the first quarter. He writes, “BusinessWeek is doing so badly that its parent has a small number […]
McGraw-Hill CEO declines comment on BusinessWeek's performance
With the closing of competitor Conde Nast Portfolio, you’d expect that those interested in future performance of BusinessWeek might want to know how it could benefit. The business weekly has seen nearly a 40 percent decline in advertising revenue during the first quarter. So J.P. Morgan analyst Michael Meltz poses the following question earlier today […]
Other business magazines will fail
Jon Friedman, the media columnist at Marketwatch, predicts that the closing of business magazine Conde Nast Portfolio on Monday won’t be the last of the biz glossies to shutter. Friedman writes, “The business model no longer can be sustained in a digital age. In a bear market where people prefer to sit on the sidelines, […]
Why Conde Nast Portfolio failed
Jon Fine of BusinessWeek has some ideas as to why business magazine Conde Nast Portfolio didn’t last more than two years. Fine writes, “Conde Nast made a classic mistake of spotting a consumer magazine ‘opportunity’ based on advertising and demographic considerations, not actual reader demand. (And judging from the last few years’ worth of ad […]
