Canceling “On the Money” a mistake for CBC

Phillip Cross writes for the Financial Post why canceling “On the Money” is a mistake for the Canadian Broadcasting Corp. Cross writes, “However, budget constraints are a lame excuse. Everyone has a budget, which only forces management to reveal its priorities. The CBC’s budget has expanded sharply under the Liberal government, but it chose to […]

Central Valley Biz Journal in California shuts down

The Central Valley Business Journal in California has shut down after 28 years in operation. A story in the Stockton Record states, “‘It is with a heavy heart I’m announcing the close of the Central Valley Business Journal,’ Publisher Sharon Alley-Calone wrote in an email to employees obtained by The Record. ‘This was a very […]

CBC ending “On the Money” show

The Canadian Broadcasting Corp. is ending its “On the Money” show in the afternoons due to budgeting constraints, reports The Canadian Press. The Press reports, “CBC News general manager Jennifer McGuire said in a note to staff Wednesday that investments such as enhancing the digital presence of ‘The National’ and expanded podcasting has created pressure […]

Institutional Investor scraps print and will become digital only

Institutional Investor announced Thursday that it is scrapping its print edition and will move to an all-digital content platform on April 1. Fred Lambert and Maneet Ahuja of CNBC.com report, “‘We just felt like it was the right time for II to move out of print,’ Chairman and CEO Diane Alfano said in a phone […]

Forbes cutting back to 10 issues next year

Forbes is cutting back to 10 issues in 2018 as it sliced 20 more people from its payroll, reports Keith Kelly of the New York Post. Kelly writes, “‘As we focus more on digital and mobile, beginning in 2018, we plan to adjust the annual frequency of Forbes magazine from 14 issues to 10,’ said a spokeswoman. […]

Consumer Reports CEO explains why Consumerist is being shuttered

Marta Tellado, the president and CEO of Consumer Reports, sent out the following to the staff about it shutting the Consumerist website: Dear Colleagues, At the heart of our transformation is a commitment to take a hard look at ourselves, examine everything we do, and work to ensure we are in a position to do […]

Little Rock paper scissors Monday biz section

The Arkansas Democrat-Gazette has cut its Monday business news section, reports Max Brantley of the Arkansas Times. Brantley reports, “Did your Monday morning Arkansas Democrat-Gazette include a business section? “Mine didn’t. “I suspect that’s a permanent change, though I saw no notice of it in the newspaper. There WAS an announcement Saturday that a former feature of the Monday section, […]

NC site covering news about startups to close

ExitEvent, a website covering news about North Carolina startups and entrepreneurs, is closing at the end of the month. The site’s content will be folded into WRALTechWire. Editor Laura Baverman writes, “As I reflect on my time as editor, I feel proud of the hustle of my small team. We published nearly 1,600 stories and […]

Paste ends business news section

Paste Magazine, which launched a business news section on its website back in December, is now closing that section. In an email sent to freelancers, editor Jacob Weindling wrote: Hey everyone, Unfortunately Paste is getting rid of some sections, and that includes business, and we are shifting our model to focus more on staff writers […]

SmartCEO magazine closing after 15 years

Craig Burris of SmartCEO magazine in Baltimore sent out the following to subscribers on Wednesday: It is with a heavy heart that I am writing to announce that, effective today, SmartCEO will be closing its doors. 15 years ago, we launched SmartCEO in Baltimore with the mission to educate and inspire leaders facing the daunting task […]