New Forbes owners should channel Jim Michaels
Dean Starkman of Columbia Journalism Review writes that whoever purchases Forbes magazine would be wise to bring back the flair and style of former editor Jim Michaels. Starkman writes, “The son of a Buffalo burlesque owner, Michaels distinguished himself as a wire reporter (he was first to report Gandhi’s assassination in 1948) and eventually brought […]
Forbes minority shareholders would be paid first in sale
The minority shareholders of Forbes Media would be paid first if the company is sold, reports Dan Primack of Fortune. Primack writes, “Back in 2006, a private equity firm called Elevation Partners — whose partners include rock star Bono and former Apple exec Fred Anderson — acquired a minority stake in Forbes’ digital operations (the […]
A business news rollup strategy
Felix Salmon of Reuters argues that someone — he suggests Yahoo — could purchase Forbes, Business Insider, TheStreet.com and SeekingAlpha.com and create a financial news powerhouse. Salmon writes, “The companies are complementary in many ways. Forbes has a big ad-sales base, as well as a storied brand name, a large events business, and a valuable […]
Forbes CEO’s memo to staff on possible sale
Here is the memo that Forbes Media CEO Mike Perlis sent to the staff on Friday morning: So much has been accomplished recently, and we’re very much in the spotlight these days. We’re seen as innovators with extraordinary business momentum. This year is expected to mark our best financial performance in the last six years, […]
Forbes parent exploring a sale
Forbes Media, the parent company of the business magazine Forbes, is exploring selling itself, reports Alex Sherman, Jeffrey McCracken and Edmund Lee of Bloomberg News. Sherman, McCracken and Lee write, “The New York-based publisher of 96-year-old Forbes magazine and Forbes.com is working with Deutsche Bank AG on the sale, according to a memo sent to […]
Forbes signs deal with American Lawyer parent
Forbes Media announced Monday that it had signed a technology agreement with ALM, the parent of American Lawyer. Under the agreement, Forbes Media will license its Falconsoftware to ALM, host ALM’s flagship web site – www.law.com, and provide ongoing consulting and custom software development services. Law.com will be powered by the same technology used by Forbes.com’s […]
Preserving Forbes legacy with an online focus
Christine Haughney of The New York Times writes for Monday’s paper about the digtal focus at business magazine Forbes. Haughney writes, “In the summer of 2010, the Forbes family started talking with Mr. Perlis about taking over as chief executive. By the time he started, Forbes had sold one of its most symbolic assets — […]
Forbes seeks video editor
The Forbes Video team is seeking a full-time Video Editor. Our small in-house NYC and SF teams produce most of the content on Forbes.com. In addition to videos for Forbes magazine and ForbesLife, we also shoot and edit videos for our Forbes Lists, conferences, news-based quick turnaround segments as well as more highly produced pieces. […]
Forbes publishes on pillars of “context, relevance and analysis”
Forbes chief product officer Lewis Dvorkin spoke last week in London about the business magazine’s editorial strategy, writes Rachel Bartlett of Journalism.co.uk. Bartlett writes, “Strikingly, it is seeing much success in resurfacing past content, with 50 per cent of its monthly traffic said to be to articles that are at least 30 days old. “The […]
Forbes to launch edition in Armenia
Forbes announced Thursday the launch of its latest local-language edition, Forbes Armenia, in partnership with Media Partners, Armenia. The Armenia edition of Forbes, which will be promoted as the first international business magazine in Armenia, will appear on newsstands in November. Gagik Yeghiazarian will serve as the editor in chief of the magazine. Yeghiazarian is a […]
