I’ll have a merlot with that article about Carlos Slim

Forbes magazine has joined The Wall Street Journal and other publications in starting a wine club, reports Matthew Flamm of Crain’s New York. Flamm writes, “Forbes has partnered with wine e-commerce startup Lot18, whose Tasting Room technology creates a personalized wine ‘print’ that tailors selections to each customer. “After members do an initial tasting with […]

Forbes names new chief revenue officer

Forbes Media announced the promotion, effective immediately, of the company’s senior vice president of digital advertising strategy Mark Howard to chief revenue officer. In his new role, Howard will be responsible for the U.S. and European digital and print sales organization, marketing and advertising solutions. Forbes Media chief revenue officer Meredith Levien is leaving Forbes […]

Levien is Forbes’ champion of innovation

Josh Sternberg of Digiday.com profiles Forbes chief revenue office Meredith Levien. Beginning of 2012, when Levien was named the chief revenue officer, the company has seen six consecutive quarters of growth, and last year was its best financial performance in half a decade. Sternberg writes, “Levien has been a vocal proponent of programmatic buying, the […]

Biz magazines underperformed industry in second quarter

The 13 business magazines underperformed the rest of the industry in the second three months of 2013, according to data from the Publishers Information Bureau analyzed by Talking Biz News. While the industry reported a small gain in ad dollars and a 4.5 percent drop in ad pages for the second quarter, the business magazines […]

Forbes acting like a 96-year-old startup

Mark Glaser of PBS MediaShift writes about Forbes magazine and how it is trying to change its publishing model. Glaser writes, “Nowadays, Forbes Media remains a private company, but has reinvented itself with: an online platform at Forbes.com with 1,300+ contributors; a native ad platform with BrandVoice; brand extensions including conferences and international editions; and […]

Saudi prince: Forbes has defamed my country

CNBC anchor Maria Bartiromo interviewed Saudi Prince Alwaleed Bin Talal, who recently sued Forbes magazine for what he claims is an underestimation of his net worth. “Forbes has defamed my country and the stock market over there,” he told Bartiromo. Forbes has said that it stands by its story.

Forbes Ukraine bought by subject of critical article

Leonid Bershidsky of Bloomberg writes that the Ukraine edition of Forbes has been purchased by a businessman in that country who was the subject of a 2009 article critical of his operations and who threatened to sue. Bershidsky writes, “The magazine’s editor, Vladimir Fedorin, responded with a terse statement published on Forbes.ua. ‘I consider the sale […]

Forbes Vietnam launched on Monday

Forbes Vietnam, a monthly magazine published in Vietnamese, launched on Monday. Forbes Vietnam is published under a licensing agreement between Forbes Media LLC and Interactive Media, an IDG Ventures Vietnam portfolio company, and in cooperation with Bao Van Hoa. Forbes Media LLC is the publisher of Forbes magazine, Forbes Asia magazine, and Forbes.com. The initial […]

Prince Alwaleed’s statement regarding Forbes litigation

Talking Biz News received Tuesday the following statement from a public relations representative of Prince Alwaleed Bin Talal: Thank you for your interest in the issue regarding HRH Prince Alwaleed Bin Talal and Kingdom Holding Company with Forbes Magazine. The basis for actively pursuing legal action against Forbes is not about ranking on some list […]

Forbes sued by prince over rich list

Saudi Arabia’s Prince Alwaleed bin Talal has launched a libel action against the business magazine Forbes due to claims it underestimated his fortune by $9.6 billion. Josh Halliday of The Guardian writes, “Forbes said in a statement in response to the libel action: ‘We’re very surprised at claims that Prince Alwaleed has decided to sue […]