Top biz journalism events of the decade
TALKING BIZ NEWS EXCLUSIVE The first decade of the 21st century began with business journalists facing criticism for their boosterish coverage of companies during the tech bubble and ended with many of the same reporters facing more criticism for failing to warn consumers about the current economic crisis. In between, the world of business journalism […]
Business mags No. 2 category among dead glossies in 2009
Vanessa Voltolina of Folio reports that of the 428 magazines that folded in 2009, only regional publications had more deaths than the business magazine category, according to data from MediaFinder.com. Voltolina writes, “But while the number of ceased titles may be fewer than years past, there have also been fewer launches. There were only 275 […]
Lamenting the loss of Fortune Small Business and innovation coverage
Adam McFarland writes that the loss of Fortune Small Business and other business magazines covering innovation that have closed, noting that a void results. McFarland writes, “Magazines are great at feature stories. The kind that take a month or two to research and half an hour to read. Take for example, the recent Wired writer […]
Loomis and Buffett: A new disclosure
Talking Biz News has been criticized in the past for raising questions about the relationship between Fortune reporter Carol Loomis and Berkshire Hathaway CEO Warren Buffett. Back in 2007, Talking Biz News reported on how Loomis was able to report before any other business journalist about the contents of the Berkshire Hathaway annual report. Loomis […]
Editors cut at Fortune
Keith Kelly of the New York Post has details on some of the business journalists who lost their jobs at Fortune this week in cutbacks. Kelly writes, “About 15 people were let go today in the Fortune newsroom because the company didn’t get enough volunteers last week. About 10 to 15 people had stepped up […]
Readership up for many business pubs
Lucia Moses of MediaWeek reports that readership increased in the past year for a number of business publications. Moses writes, “At a time when it would seem that consumers would be seeking help to navigate the recession, business titles have seen an uptick in readership this past year, Mediamark Research & Intelligence’s fall magazine audience […]
Deputy ME to leave Fortune as layoffs loom
Keith Kelly of the New York Post reports that layoffs are coming to Time Inc. magazines, specifically Fortune, as the number of staffers taking buyouts has fallen short of expectations. Kelly writes, “Time Inc. is said to be looking to slash more than 500 jobs from its ranks, with the bulk of the layoffs to […]
Fortune hit hard by Time Inc. cuts
Keith Kelly of the New York Post reports that the biggest layoffs at Time Inc. will come from Fortune magazine. Kelly writes, “Fortune is going to be the hardest hit magazine in the Time Inc. mass downsizing that began today, the Post has learned. “Fortune will lose about 40 people, including about two dozen from […]
Fortune Small Business closes
Jeff Bercovici of DailyFinance.com confirms that Fortune Small Business is suspending publication. Bercovici reports, “The news comes just as the publisher embarks on a fresh round of job cuts aimed at saving $100 million in costs. Between 400 and 500 jobs will be eliminated, according to The New York Times, only a year after the […]
Fortune to launch Middle East editions in 2010
Fortune announced Wednesday that it plans to launch editions in the Middle East next year with the help of a business partner. Fortune’s Middle East editions will be published monthly, in Arabic, through a license agreement between Time Inc. and United Group, a major publisher in the region. The magazine will launch its first local […]