Biz magazines cutting Web staff
John Koblin of the New York Observer takes a look at business magazines such as Fortune and Conde Nast Portfolio that are cutting their Web news staffs in order to cut costs. Koblin writes, “Portfolio, a magazine that had one of the boldest Web sites in the Condé Nast empire, let that experiment go two […]
The demise of green biz reporting?
Joel Makower writes on the Huffington Post about his worry that coverage of environmental and green business issues is on the decline. Makower notes that Fortune recently gave layoff notices to Marc Gunther, one of the leading business writers on corporate environmental practices, along with Todd Woody, whose coverage of clean technology has led the […]
Regulators, readers ignored warnings from business press about housing
UNC-Chapel Hill journalism professor Chris Roush writes in the latest issue of American Journalism Review that the business media did a strong job in covering the problems in the housing market in the past decade, but few listened to the warnings. Roush writes, “Here’s the issue that financial journalism faces: No one likes a nattering […]
Buyout volunteers looked for at Fortune, Money magazines
Peter Kafka of All Things Digital writes about how Fortune and Money magazines are looking for volunteers for its buyout program to reduce their staffs. Kafka writes that Fortune managine editor Andy Serwer is looking for about a dozen volunteers. He did not have specific details about how many positions Money is looking to cut. […]
Being a scrooge is the new mantra for personal finance magazines
The Deal executive editor Yvette Kantrow writes about how personal finance magazines have changed their tune with the current economic crisis. Kantrow writes, “Clearly, these are not fun times for the personal finance press. Most people can’t even bear to open their 401(k) statements these days, so they are not all that interested in reading […]
Matters named Money ME
Craig Matters, who earlier this year was named executive editor at Fortune, has been named the new managing editor at sister publication Money. Matters replaces Eric Schurenberg, who will leave the magazine near the end of the month. In an announcement posted by New York Observer reporter Matt Haber, Time Inc. head John Huey wrote, […]
Biz media goes gaga for Paulson
Elinore Longobardi of Columbia Journalism Review wonders why the business media, including recent cover stories in Fortune and Bloomberg Markets, are praising Treasury secretary Hank Paulson. Longobardi writes, “But the fundamental problem with these pieces is deeper than a missed observation or clashing versions of the same person. The underlying problem is that they are […]
Breakingviews column to run in Fortune and online at CNNMoney.com
Robert MacMillan of Reuters reports that Breakingviews.com has struck a deal for its business news and analysis column to appear in Fortune. The column was dropped earlier this year by The Wall Street Journal. It has since been picked up by the New York Times and the International Herald Tribune. MacMillan writes, “Breakingviews plans to […]
Biz magazines providing perspective during economic turmoil
John Koblin of the New York Observer writes Wednesday about how the business magazines are able to compete against the business networks and daily newspapers in explaining what’s going on during economic turmoil. Koblin writes, “Operating between the screaming financial pundits on the two-headed cable-financial-news dragon of CNBC and Fox Business Network, who have to […]
Biz media go easy on Google
TheStreet.com media critic Marek Fuchs writes Friday that the business media let Google off the hook by ignoring how cost-cutting improved its profits and instead implied that it was recession-proof. Fuchs writes, “But part of weathering economic uncertainty — especially for a company, such as Google, never known to be overly concerned with costs — […]