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 […]
Great reporters leading the way at Forbes
Lewis Dvorkin, the chief product officer at Forbes, writes about some of the magazine’s top reporters who are making a name for themselves. Here are two: Kashmir Hill: Only a few years ago Kashmir was in a magazine writing program at New York University and interning at True/Slant, the startup I founded. Then she joined […]
Forbes.com seeing traffic increase
Alastair Reid of Journalism.co.uk reports that Forbes.com reported 26.2 million unique monthly visitors in March, a worldwide annual increase of 50 percent, up from 42 percent in January. Reid writes, “In regional terms, growth is even more rapid as Europe saw an annual increase of 63 percent, to 3.5 million, with Asia recording a 90 […]
Dvorkin of Forbes gets his geek on
Lisa O’Carroll of The Guardian profiles Forbes chief product officer Lewis Dvorkin, who is pushing the business magazine to try unique revenue strategies on its website. O’Carroll writes, “It all started in 2010 when Forbes threw its website open to bloggers, academics and experts from all sorts of areas relating to investing and entrepreneurship. “In […]
Most biz magazines post decline in ad revenue, ad pages
Most of the large business magazines posted a decline in advertising revenue during the first three months of the year, while the overall magazine industry had a small increase in ad money. Leading the decline was Bloomberg Businessweek, which had a 30.2 percent drop in ad revenue to $35.4 million, according to data released by […]
Companies that pay for content in biz news media
Tanzina Vega of The New York Times writes Monday about how some companies are paying for content in the business news media. Vega writes, “Forbes has worked with about two dozen brands in its two-year venture into branded content. Articles written by FedEx employees for the site have focused on small businesses. Other articles have […]
Digital now half of Forbes’ ad revenue
Digital advertising accounted for half of Forbes’ total ad revenue for the year, reports Emma Bazilian of AdWeek. Bazilian writes, “In the wake of a Pew report that sponsorship advertising was up 40 percent in 2012, Forbes Media is touting the growth of its own revenues—thanks, in part, to its success with native ads. “The […]
Spain publisher of Forbes bets against crisis
Raphael Minder of the New York Times writes Sunday about SpainMedia, which is moving forward with plans to publish a Spanish version of Forbes despite that country’s economic crisis. Minder writes, “Forbes already published 26 other licensed editions of its magazine, including several in East European countries like Poland and Romania. Spain is the first […]
From real estate exec to business journalist
Brad Thomas has more than 25 years of experience in the commercial real estate brokerage business. But more than three years ago, he switched careers and moved into business journalism. Thomas currently writes frequently about investing in real estate investment trusts for Forbes, The Street, Seeking Alpha, and The Motley Fool. In addition, Thomas also […]
Forbes tech journalist leaving for PR job
Eric Savitz, who covers the tech industry for Forbes and who has been in journalism for nearly three decades, has resigned to accept a position in public relations. On his Facebook page, Savitz writes, “I’m leaving Forbes to join the strategic communications firm Brunswick Group as a partner in the San Francisco office. While sad […]
