Forbes sells majority stake to international investors
Forbes Media LLC announced Friday an agreement where a group of international investors will purchase a majority stake in the company for an undisclosed amount. The Forbes family will retain a minority ownership stake, will stay actively involved in Forbes Media and will work with the investor group. Upon closing, Elevation Partners, which invested in […]
Dear Putin: Please solve murder of Forbes journalist
Richard Behar, contributing editor for investigations at Forbes, writes an open letter to Russian leader Vladimar Putin, asking him to solve murder of Forbs journalist Paul Klebnikov, killed in Russia 10 years ago. Behar writes: Dear President Vladimir Putin, As you surely know, last Wednesday was the tenth anniversary of the slaying of Paul Klebnikov, […]
Forbes seeks deputy business editor
Forbes is looking for a high-performance, state-of-the-art editor to help run our online coverage of everything from the media industry to automotive to energy to Wall Street and beyond. The right candidate is an early-career or journeyman editor with the following skills: Top-notch editing abilities Excellent judgment Great instincts for the kinds of work that […]
Social media and the sharing of a Forbes story
Lewis Dvorkin, the chief product officer at Forbes, writes about how social media is changing business journalism. Dvorkin writes, “Here are three charts for current and would-be journalists to ponder. The top two speak to the future — how the convergence of social and mobile influences the life span of a post. The Forbes.com post […]
Forbes puts its newsletters online
Matt Schifrin of Forbes writes about how the business magazine has put its investment newsletter content on the web. Schifrin writes, “Another thriving business within Forbes Media is its newsletter business, which was started by the late Malcolm Forbes just after World War II and has been an important contributor to Forbes for many decades. […]
Forbes wants to do more data visualization
Lewis Dvorkin, the chief product officer at Forbes, writes about how the business magazine wants to do more data visualization. Dvorkin writes, “B.C. Forbes had a vision that his son, Malcolm, and his sons stuck with. In his own way, Malcolm advanced his father’s idea as boldly as Halberstam’s chosen moguls pushed their own beliefs. […]
Forbes, WSJ parent hit with subscription lawsuit
Forbes and Dow Jones & Co., the parent of The Wall Street Journal, are being sued related to a subscription offer, reports David Siegel of Law360.com. Siegel writes, The news “media companies provided subscription lists to Circulation Billing Services, an outside vendor, which then sent official looking renewal notices to the subscribers with prices higher than the newspapers’ real renewal fees, according to a complaint filed Monday on behalf of plaintiff I. Stephen Rabin. Circulation Billing would then pay the actual renewal fees directly to the newspapers and keep the excess funds. “Despite being aware of the fraudulent activity, the newspaper companies turned a blind eye to Circulation Billing’s activities on their behalf and failed to notify their subscribers, the complaint says. “’Defendants have knowingly permitted the names of their publications to be used by fraudsters to scam their subscribers, so they could profit from maintaining their subscriber lists inexpensively and profit from the sale of their subscription lists and other information,” Rabin’s complaint states. “Dow Jones-owned Barron’s ran a full page ad in November alerting subscribers to Circulation Billings’ fraudulent activity, even though the company had been aware of it for years at that point, the complaint says. A Dow Jones spokeswoman also said the Wall Street Journal ran a similar ad at the same time.” Read more here, A subscription is required.
Forbes launches Japan edition
Forbes announced Wednesday that it is launching a monthly issue in Japan. Forbes Japan is published under a licensing agreement between Forbes Media LLC and Atomixmedia, a Tokyo-based media company founded in 2010. The editor in chief will be Makoto Takano, CEO of Atomixmedia. “The launch of Forbes Japan comes at a critical time in […]
Forbes adds 1 million readers in the past year
Forbes magazine has achieved its highest readership ever in the U.S., increasing by more than 1 million readers in the past year to more than 6 million, according to data from GfK MRI national Survey of the American Consumer. Forbes surged in readership from 5,079,000 in Spring 2013 to 6,118,000 in Spring 2014 — a […]
ForbesLife to launch website, app
ForbesLife magazine will launch its own Web site and app for both mobile and iPad on Sept. 2, reports Alexandra Steigrad of Women’s Wear Daily. Steigrad writes, “The editor said he would hire between 100 and 150 new contributors to write for the site by the September launch, and he will also add staff. Writers […]
