ACBJ/Portfolio are the odd couple

Dan Mitchell of The Big Money writes Thursday that the combination of American City Business Journals taking over the Portfolio.com site is odd. Mitchell writes, “The site will employ five editorial staffers, but the announcement gives no indication, other than aggregation and headline-writing, of what they will do. Josh Moss, Portfolio.com’s managing editor, will be […]

ACBJ deal for Portfolio site closes

Portfolio.com will migrate to a new home as part of the American City Business Journal’s bizjournals.com effective in July, according to a release expected to be sent out later Wednesday. Bizjournals.com will oversee both the editorial and business sides of the site. The Portfolio.com editorial team and sales staff will be based in New York. In […]

ACBJ could take over Portfolio site

John Koblin of the New York Observer is reporting that Charlotte-based American City Business Journals has expressed an interest in taking over the Web site of the now-closed Conde Nast Portfolio magazine. Koblin writes, “American City Business Journals, which is operated by Condé Nast parent company Advance Publications, ‘has expressed real interest in taking it […]

Loeb finalists announced

The finalists for the 2009 Gerald Loeb Awards for Distinguished Business and Financial Journalism were announced Wednesday morning. The Loeb Awards are the highest honors in business journalism. They were established in 1957 by Gerald Loeb, a founding partner of E. F. Hutton, to encourage quality reporting in the areas of business, finance and the […]

Portfolio publisher lands at Traveler

John Koblin of the New York Observer reports Monday that William Li, the publisher of the now-defunct Conde Nast Portfolio, has landed a job as associate publisher of Conde Nast Traveler. Koblin writes, “‘I wanted to keep working,’ said Mr. Li in an interview with The Observer. ‘I wanted to keep working on a brand […]

Lipman: Nothing was wrong with Portfolio's business journalism

Johnnie L. Roberts of Newsweek got the first interview with Conde Nast Portfolio editor Joanne Lipman since Conde Nast closed the publication on Monday. Here is an excerpt: What did you get most right, most wrong in the job? A magazine is a creative enterprise, so it’s always evolving. I couldn’t be happier with the […]

Why was Portfolio even started?

Howard Gold, the executive editor of MoneyShow.com and former editor of Barron’s Online for 10 years, wonders why Conde Nast Portfolio, a business magazine closed after two years, was even launched. Gold writes, “How can anyone have launched a new print business magazine in 2007? And although in some journalistic circles, print — and a […]

Why the Portfolio idea failed

John Koblin of the New York Observer has an interesting examination of the founding of Conde Nast Portfolio that helps explain why the two-year-old business magazine failed. Koblin writes, “The appeal of these early dream-versions of Portfolio is rather obvious. Condé Nast gets to penetrate a mostly male ad market with a magazine that could […]

Portfolio spent money fast

Belinda Luscombe of Time magazine writes about the cash-spending ways of now-closed Conde Nast Portfolio magazine. Luscombe writes, “But many of the killer bylines only popped up occasionally. ‘They were willing to throw tons of money at writers, but they couldn’t figure out how to use them,’ says one former staffer. ‘They all got about […]

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 […]