Forbes CEO: Potential acquirer is family offices and global investors
Forbes chief executive officer Mike Federle sent out the following on Tuesday: Hi everyone – I wanted to give you a quick update that we have entered into exclusive discussions with an interested buyer for Forbes. This is very early in a process which could take months to complete, so I’m limited in the level of detail […]
Forbes near deal to sell to investors
Forbes is in advanced talks to sell itself to a group of investors, approaching a deal that would bring the chronicler of the wealthy and powerful under new ownership, reports Lauren Hirsch and Benjamin Mullin. Hirsch and Mullin write, “Forbes had been seeking at least $800 million in a sale, but the final price will most […]
Forbes COO Sibley to become Time CEO
Time has named Forbes chief operating officer Jessica Sibley as chief executive of the media company, reports Joseph De Avila and Alexandra Bruell of The Wall Street Journal. De Avila and Bruell report, “Ms. Sibley is taking over Time’s business operations from current chief executive Edward Felsenthal, who will retain his role as editor in chief of the publication, […]
How Rowan from Forbes Advisor approaches personal finance coverage
Dana Miranda of Healthy Rich interviewed Forbes Advisor personal finance writer Lisa Rowan on her writing strategy. Miranda writes, “Rowan, however, approaches hacks differently. “‘I’m looking for things that I can convey to the biggest group of readers,’ she says. If she runs into a ‘hack’ for 18 to 21 year olds who live in central Missouri, that’s […]
Roush joins Forbes as a breaking news reporter
Forbes has hired Tyler Roush as a breaking news reporter to cover various beats. Previously, Roush was at USA Today, where he reported for both the Asheville Citizen Times and Black Mountain News. He interned at The Opelika Observer in Alabama and The Herald-Sun in Durham, N.C. He held the posts of sports writer, sports […]
Mendelson departs Forbes for The Wrap
Forbes staff writer Scott Mendelson is leaving Forbes and joining The Wrap as senior film reporter. He will start on Monday. Mendelson has been at Forbes since April 2013 as a contributing writer and as a staff writer since January 2021. He previously was a film critic for The Huffington Post. He has also worked for Salon, […]
Forbes seeing 60% increase in events revenue
Forbes is on pace to increase its events revenue in 2022 by 60%, according to chief sales and marketing officer Sherry Phillips. Event partnerships now represent 35% of Forbes’ total advertising revenue, reports Mark Stenberg of Adweek. Stenberg writes, “The publisher is on pace to host close to 90 events this year, split almost evenly between […]
Examining the Forbes Australia strategy
Tess Connery of Mediaweek interviewed Forbes Australia editor in chief Sarah O’Connell about the magazine’s strategy in the country. Connery writes, “The team are particularly focused on making the brand ‘experience-led,’ which O’Carroll says means bringing the stories of Forbes Australia to readers no matter where they are and how they like to consume content. “‘We’re not just launching a […]
The role Forbes reporters played in uncovering Trump’s financial maneuvers
Dan Alexander, a senior editor at Forbes covering Donald Trump’s businesses, writes about the magazine’s role in uncovering some of the allegations disclosed in the lawsuit Wednesday by New York attorney general Letitia James. Alexander writes, “As part of the attorney general’s investigation, Donald Trump received a subpoena last year, requesting eight sets of documents. […]
Forbes hires Gentilviso as deputy editor for its contributors team
Chris Gentilviso has joined Forbes as deputy editor, contributors. Recently, Gentilviso was an opinions editor at the Richmond Times-Dispatch. There, he also held the posts of opinions co-editor and associate opinions editor. He was an opinion content producer at Capitol Broadcasting Co. in North Carolina and wrote for Working America in Washington, D.C. He held […]
