Sloan to receive Bell Award
Business journalist Allan Sloan will receive the Elliott V. Bell Award from the New York Financial Writers Association at its annual dinner next month. The award is named for a former BusinessWeek editor who was one of the founders of the organization, and it recognizes a person’s long-term contributions to financial journalism. Previous winners include […]
The problem with Buffett's relationship with biz journalists
Yvette Kantrow, the executive editor of The Deal, finds plenty to fault with Warren Buffett’s recent decision to have three business journalists — Andrew Ross Sorkin of The New York Times, Becky Quick of CNBC and Carol Loomis of Fortune — ask the questions at his company’s annual meeting. Kantrow writes, “By so doing, the […]
Loeb finalists announced
The finalists for the 2009 Gerald Loeb Awards for Distinguished Business and Financial Journalism were announced Wednesday morning. The Loeb Awards are the highest honors in business journalism. They were established in 1957 by Gerald Loeb, a founding partner of E. F. Hutton, to encourage quality reporting in the areas of business, finance and the […]
The end of biz mags as we know it?
Douglas McIntyre of 24/7 Wall Street writes about how the big three business magazines — Fortune, Forbes and BusinessWeek — will have to dramatically change to survive in the future. McIntyre says that all three lost money in the first quarter. He writes, “BusinessWeek is doing so badly that its parent has a small number […]
Other business magazines will fail
Jon Friedman, the media columnist at Marketwatch, predicts that the closing of business magazine Conde Nast Portfolio on Monday won’t be the last of the biz glossies to shutter. Friedman writes, “The business model no longer can be sustained in a digital age. In a bear market where people prefer to sit on the sidelines, […]
Business Web sites named as Eppy Award finalists
The Web sites of BusinessWeek, Bloomberg News, The Wall Street Journal and the New York Times business section were named Monday as finalists in the annual Eppy Awards for business news sites with more than 1 million visitors per month. The Eppy Awards, sponsored by Editor & Publisher and MediaWeek magazine, honor the best sites […]
Incredibly bad first quarter for biz magazines in ad revenue, pages
TALKING BIZ NEWS EXCLUSIVE Every single business magazine reported a decrease in first-quarter advertising revenue and advertising pages, according to data released Wednesday by the Publishers Information Bureau. Among the largest declines was Wired magazine, which saw a 50.4 percent drop in ad revenue to $10.2 million and a 57.2 percent drop in ad pages […]
The failings of the financial press
Joel Dreyfuss, a former tech writer for Fortune magazine who relaunched Red Herring magazine in 2004, writes about the failings of the business media in the wake of the recent criticism of CNBC. Dreyfuss writes, “Whenever we get to the woe, as we do now, it is usually after the fact. As a Wall Street market […]
CNNMoney.com ranks as No. 1 financial site in February
CNNMoney.com was the No. 1 destination site for the month of February in the financial news & information category with 9.2 million unique users, according to Nielsen numbers released Tuesday. CNNMoney.com topped other sites in the financial news & information category, beating Reuters (7.9 million unique users), Wall Street Journal online (6.8 million unique users), […]
Time to kill the Fortune 500
Douglas McIntyre argues on 24/7 Wall Street that now is the time for Fortune magazine to do away with its annual list of the largest 500 companies in the United States. McIntyre writes, “Not long ago, putting a list of the 500 largest US companies ranked by revenue was prestigious for both the publication and […]
