Incredibly bad first quarter for biz magazines in ad revenue, pages
TALKING BIZ NEWS EXCLUSIVE Every single business magazine reported a decrease in first-quarter advertising revenue and advertising pages, according to data released Wednesday by the Publishers Information Bureau. Among the largest declines was Wired magazine, which saw a 50.4 percent drop in ad revenue to $10.2 million and a 57.2 percent drop in ad pages […]
Thinnest Portfolio issue ever
Keith Kelly of the New York Post writes Friday that the April issue of Conde Nast Portfolio, at 106 pages and 21 ad pages, is the thinnest ever. Kelly writes, “Some sources said that the April issue was held up later than usual to try to scare up a few more ad pages, but Publisher […]
Portfolio killed Obama cover
Ryan Tate of Gawker writes Wednesday about how Conde Nast Portfolio editor Joanne Lipman killed a cover of President Barack Obama earlier this year. Tate writes, “From the outside, Lipman’s impulsiveness is apparent in her curious cover choices. After the outbreak of the worst economic crisis in 70 years, she put a picture of clothier […]
Ex-VP candidate Palin on Portfolio cover
Former vice presidential candidate Sarah Palin is on the cover of the next issue of Conde Nast Portfolio despite staff protests, writes Irin Carmon of Women’s Wear Daily. Carmon writes, “The latest cover of Condé Nast Portfolio is, depending upon whom you ask, gutsy and counterintuitive or simply irrelevant. As the financial crisis grinds on, […]
Ratings down for CNBC and Cramer
Jeff Bercovici of Conde Nast Portfolio writes that business news network CNBC‘s ratings have begun to fall. Bercovici writes, “Yesterday, I idly wondered whether all the hullabaloo over CNBC and how very wrong and/or out of bounds its commentators have been on some occasions will affect the network’s ratings, for good or ill. I put […]
Salmon leaving Portfolio for Reuters
Reuters announced Thursday the hire of renowned blogger Felix Salmon, who will head up a global financial blog, effective April 1. In this new role based out of New York, Salmon will report to Jonathan Ford, editor-in-charge, commentary, who leads a global team of columnists and is responsible for increasing the number and variety of […]
Biz journalists were not to blame
Duff McDonald, a contributing writer at New York and Conde Nast Portfolio, writes Wednesday for Slate that when it comes to doling out blame for the current economic crisis, business journalists should be way down on the list. McDonald writes, “You know, speaking as a writer of business media, I am somewhat tired of the […]
Portfolio hits its stride during crisis
Jon Friedman of Marketwatch writes Wednesday about how two-year-old business magazine Conde Nast Portfolio appears to be clicking on all cylinders with its big-picture stories about the fall of Wall Street. Friedman writes, “It has found its calling and voice as one of the most dogged chroniclers of the meltdown of the financial system. In […]
Former Conde Nast Portfolio editors create site covering recession
Two former editors of Conde Nast Portfolio who were laid off from the business magazine have created a Web site chronicling the recession called Recessionwire.com, writes Andrew Adam Newman of the New York Times. Newman writes, “Laura Rich and Sara Clemence, former assistant managing editor and lifestyle editor, respectively, for Portfolio’s Web site, teamed up […]
Silicon Alley Insider names Colarusso as managing editor
Dan Colarusso, the former New York Post business editor who had run Conde Nast Portfolio‘s Web site for the past 15 months, is now the managing editor of Silicon Alley Insider. Henry Blodget writes, “Dan has been a business and financial journalist for more than a decade. He was a columnist at TheStreet.com from 1997-2001 […]
