Winners and losers in WSJ purchase by Murdoch
Stephen Foley of The Independent newspaper in London has his list of winners and losers once News Corp. CEO Rupert Murdoch completes his apparent purchase of Dow Jones & Co., the parent of The Wall Street Journal. They include: Bloomberg, Reuters/Thomson: Thanks to the ‘Journal’ and the upcoming Fox Business Channel, News Corp is likely […]
Fast Company's Safian says business magazines should be fun
Robert Safian, who became editor of Fast Company magazine earlier this year, is on a hot streak. The magazine, which has been sold twice in the past decade, is trying to recapture its past glory. Safian, who also oversees the business side of the magazine, has seen the magazine garner a Gerald Loeb Award as […]
Biz magazine covers as contrarian indicators
Nicholas Vardy writes on the Seeking Alpha web site about the research that shows how being on the cover of a business magazine is a contrarian indicator when it comes to investing. The latest example, he says, is Apple Inc. on the cover of The Economist. Vardy wrote, “The more important question for us is how […]
Using the business media to hype a penny stock
Tom Anderson, associate editor of Kiplinger’s Personal Finance, writes how a Chinese company that recently began trading in the U.S. markets is using ads in business magazines to pump up its stock price. Anderson wrote, “Full-page advertisements that appeared in BusinessWeek, Forbes and Fortune make Guangzhou Global Telecom (symbol GZGT, quoted on the OTC Bulletin Board) […]
Forbes is no longer the capitalist tool
TheDeal.com executive editor Yvette Kantrow is amused that Forbes magazine seems to have a problem with the money that two private equity firms will make in their deal to take retailer Neiman Marcus public. Kantrow wrote, “Is it just us? Or does the fact that the self-proclaimed ‘Capitalist Tool’ has a problem with buyout guys racking […]
Former Dow Jones CEO writes sad defense of himself
Forbes.com columnist Gary Weiss writes on his blog that former Dow Jones & Co. CEO Warren Phillips’ letter to the New York Times criticizing business section columnist Joe Nocera for his analysis of the company’s management is laughable and sad. Weiss wrote, “Phillips made the basic, P.R. 101 mistake of attacking a small portion of […]
Sloan on Sloan
Allan Sloan, the Newsweek Wall Street editor who announced last week he was leaving to work for Fortune magazine, said Monday that the decision was partly based on working with an old colleague and the demand for high-end business journalism caused by the launches of Portfolio magazine and Fox Business News. “I’m just excited about […]
Death pending for some biz magazines
Nat Ives of Advertising Age writes that the recent addition of new competitors in the business magazine arena could mean that others — particularly the smaller publications — are headed for the cemetery. Ives wrote, “Andrew Swinand, president-chief client officer, Starcom Worldwide, said consolidation among technology and financial-services firms is reducing the number of advertisers […]
Dear Rupert: Don't buy it, build it
Jerry Bowyer writes on the TCS Daily web site that the Bancroft family has donw News Corp. CEO Rupert Murdoch a favor by refusing to sell him Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch. That’s because Murdoch can now go out and build the best business news organization […]
Is Forbes.com losing staffers due to page view pressure?
Michael Calderone of the New York Observer writes Wednesday that nine staff writers from Forbes.com have recently left, and as many as 50 in the last two years have left, due to what some former staff members call an increasing pressure on increasing page views. Forbes.com Jim Spanfeller said that he wasn’t happy about the […]
