Forbes digital revenue growing at 20 percent rate
Lewis Dvorkin, the chief product officer at Forbes, writes about how the business magazine’s online operations have now represent 65 percent of total advertising revenue and that digital revenues is growing this year at a 20 percent increase. Dvorkin writes, “Media observers, a breed apart, prefer to drone on that we’re ‘diluting the brand.’ Much […]
Deal for Forbes closes
The deal by Asian investors to acquire Forbes Media has closed, writes Keith Kelly. Kelly writes, “The Asian investors who are taking over a majority stake in Forbes Media finalized the deal last Friday, officially ending 97 years of family control — but so far the new owners are staying away and leaving their new […]
Forbes launches ForbesLife
Forbes Media announced the launching of the company’s new website – ForbesLife.com. The luxury lifestyle web site is a digital extension of ForbesLife, Forbes’ luxury lifestyle magazine. ForbesLife.com is expected to leverage content from Forbes staff writers and more than 150 expert contributors based around the globe — including journalists who have written for The […]
Forbes hires data journalism expert
Forbes managing editor Bruce Upbin sent out the following staff hire announcement on Monday: We’ve just made an exciting hire in editorial: Frank Bi (rhymes with tee), who’s joining as a news developer to produce highly shareable data journalism with the trove of wealth, sports, college, company and billionaire facts we’ve amassed. He’s eager to […]
Desktop vs. mobile vs. tablet when reading a business story
Lewis Dvorkin, the chief product officer at Forbes, writes about the difference in how long a reader spends with a business news story when it’s on a desktop computer vs. being read on a mobile device or a tablet. Dvorkin writes, “Consumers did spend less individual time on the post, but did make their way […]
Dow Jones, Forbes ask judge to dismiss suit
Dow Jones & Co., and Forbes have asked a federal judge to dismiss a proposed class action that accuses them of allowing a subscription company to defraud their customers by overcharging for renewals and pocketing the difference. Lisa Hoffman of the National Law Journal writes, “In a July 24 joint motion to dismiss , the […]
ForbesLife website to launch Sept. 2
The ForbesLife website will launch the day after Labor Day, writes Lewis Dvorkin, the chief product officer at Forbes. Dvorkin writes, “On Sept. 2 we’ll launch a luxury vertical with a simple, highly visual navigational construct. Visitors will find it easy to move around the site, marketers can engage with an audiences in new ways. […]
What does Forbes teach us? There are no easy answers
Jeff Jarvis, a journalism professor at the CUNY Graduate School of Journalism, writes about Forbes in the wake of its announcement Friday that it was selling a majority stake to overseas investors. Jarvis writes, “The problem in the end for Forbes, I believe, is that the brand became even more devalued. I illustrate this very […]
Deal values Forbes at high price
Peter Kafka of Re/code writes about the deal announced Friday selling a majority stake of Forbes to international investors and notes that the deal, which values the media company at $475 million, seems high. Kafka writes, “The fact that Forbes was able to find a buyer at anything close to that price will surprise many […]
Steve Forbes on the magazine’s future
Steve Forbes, the CEO and editor in chief of Forbes Media, posted the following on Friday morning in the wake of the announcement that the company was selling a majority stake to international investors: While being profoundly disruptive, the web has opened up enormous opportunities as old boundaries are destroyed. The $80 billion bid by […]
