Biz magazines are to blame for investor's problems
If business magazine coverage is a contrary indicator of what to invest in, then 2008 will go down as a great year for ignoring what they say, writes Ryan Tate of Gawker. Tate notes that Fortune‘s December 2007 issue recommended that investors buy Merrill Lynch stock, and a BusinessWeek column from April recommended investing in Lehman Brothers. […]
Biz magazines show strong gains among affluent readers
A survey released last week by media research company Ipsos Mendelsohn showed that a number of business magazines have increased their influence among rich readers. The survey researches the media habits and lifestyles of the affluent population in the United States living households with $100,000+ incomes. Inc. reported a 68 percent increase from 333,000 readers to 560,000 readers […]
Fortune Silicon Valley bureau chief takes buyout
Glynnis MacNicol of Fishbowl New York reports that Fortune‘s Silicon Valley bureau chief, Brent Schlender, has accepted the magazine’s buyout offer. MacNicol writes, “Schlender has been with Fortune since 1989 and written extensively on technology, management, and executive leadership, including cover stories on Bill Gates, Steve Jobs, Andy Grove, Jack Welch, Warren Buffett, and Louis […]
Fortune turns bank analyst into superstar — without the picks
Yvette Kantrow of The Deal writes in the latest issue about how Fortune magazine has gone gaga over banking analyst Meredith Whitney, writing about her childhood and the fact that she doesn’t drink coffee while downplaying her stock-picking acumen. Kantrow writes, “Looking at those pieces today is instructive because of how much emphasis the magazine […]
Fortune Small Business cuts most of its editorial staff
Keith Kelly of the New York Post reports Wednesday that Fortune Small Business has cut most of its editorial staff this week and will rely on freelancers. Kelly writes, “Known by the initials FSB, the magazine is axing 14 of its 17 editorial staffers, including its editor Dan Goodgame, a 10-year veteran of Time Inc. […]
Writing personal finance as a critique
Ron Lieber joined the New York Times in May as its personal finance columnist after being the managing editor of FiLife, a personal finance Web site that is a joint venture between Dow Jones & Co. and IAC/Interactive. Before that, Lieber wrote the “Green Thumb,” a managing-your-money column for The Wall Street Journal that covered […]
Bloggers rip print — and each other
Yi-Wyn Yen of Fortune writes Tuesday about the magazine’s Brainstorm Tech conference, where writer Adam Lashinsky sat down with tech bloggers Om Malik, Robert Scoble and Kara Swisher of All Things Digital to discuss the current state of the industry. However, the session turned into the pros and cons of print business news media vs. […]
Covering meltdown of financial companies has been demanding
Marketwatch media columnist Jon Friedman examines Friday the demands that the struggles of financial companies in the past year have placed on business journalists. Friedman writes, “For financial journalists, the biggest challenge may be trying to accumulate instant expertise in so many areas. “‘You have to get a primer on Fannie and Freddie,’ lamented [Newsweek […]
Biz magazines post bad second quarter in advertising
Many business magazines posted a decline in ad revenue and ad pages during the second quarter, according to data from the Publishers Information Bureau. Some publications bucked the trend. The Economist reported a 21 percent gain in ad revenue to $34.4 million and a 2.2 percent increase in ad pages to 648.5 for the quarter. […]
New York Times wins three Loebs; Sloan wins his seventh
The New York Times on Monday received three Loeb Awards, considered the Pulitzer Prices in business journalism, while Fortune magazine’s Allan Sloan won his seventh Loeb Award. Sloan won in the commentary category for a column called “Piece of Junk.” The judges stated, “Of the countless stories about the subprime crisis, this piece stood out […]
