Sloan on Sloan
Allan Sloan, the Newsweek Wall Street editor who announced last week he was leaving to work for Fortune magazine, said Monday that the decision was partly based on working with an old colleague and the demand for high-end business journalism caused by the launches of Portfolio magazine and Fox Business News. “I’m just excited about […]
Death pending for some biz magazines
Nat Ives of Advertising Age writes that the recent addition of new competitors in the business magazine arena could mean that others — particularly the smaller publications — are headed for the cemetery. Ives wrote, “Andrew Swinand, president-chief client officer, Starcom Worldwide, said consolidation among technology and financial-services firms is reducing the number of advertisers […]
Microsoft software story is not news
Dennis Byron writes on the Seeking Alpha web site that a Fortune story earlier this week where a Microsoft executive claimed that open source software violated a number of the company’s patents was not news. Byron wrote, “There is a breathless sense that this claim and all the background and forward looking that derive from […]
What a Bancroft does with Dow Jones dividend checks
Tim Arango of Fortune writes an interesting story Monday about what the dividend checks from Dow Jones & Co. pay for when it comes to one member of the Bancroft family that controls the owner of The Wall Street Journal. He focuses on Jacqueline Spencer Morgan, who married a Bancroft in 1948, and the millions she […]
Harder to manipulate business journalism
Devin Leonard, a senior writer at Fortune who covers the media, was interviewed by Foreign Policy about News Corp. CEO’s Rupert Murdoch’s $5 billion offer to acquire Dow Jones & Co. and made some interesting points about business journalism and The Wall Street Journal’s future. Here is an excerpt: FP: A lot of people say that he […]
New Loeb Award final judges announced
The G. and R. Loeb Foundation and UCLA Anderson School of Management announce changes Monday to the final judging panel of the Gerald Loeb Awards for Distinguished Business and Financial Journalism. Named as new final judges are: Matthew Bishop, bureau chief, The Economist; Douglas Frantz, managing editor, Los Angeles Times; Chrystia Freeland, U.S. managing editor, […]
Trophy business at Dow Jones is online
Fortune senior editor David Kirkpatrick writes that the voluminous coverage of News Corp.’s proposed $5 billion offer for Dow Jones & Co. virtually ignores what he considers the company’s trophy business. It’s not The Wall Street Journal, Barron’s or Marketwatch, but the online operations. Kirkpatrick wrote, “Of course, Murdoch knows how to run papers as […]
Self-promotion and a rehashed article
TheDeal.com executive editor Yvette Kantrow takes a look at the latest issue of Fortune magazine and the editor’s note from Andy Serwer and comes away wondering what the big deal is all about. Kantrow wrote, “He tells us about the issue’s ‘outstanding design,’ exemplified by the ‘evocative, glossy, golden ‘5” on its cover, which touts […]
Fortune's Portfolio, and Portfolio's Fortune
The New York Times’ Pradnya Joshi notes that the premiere issue of Conde Nast Portfolio and last week’s Fortune magazine both used the names of each other in naming sections of their issues. Joshi wrote, “As it happened, one of the featured articles in Portfolio on the investor T. Boone Pickens was headlined, ‘Fortune Hunter.’ […]
The biz magazine cover story as contrarian indicator
Mark Hulbert writes on Marketwatch about a study by some University of Virginia professors that assesses whether a company being on the cover of a major business magazine such as BusinessWeek, Forbes or Fortune means that it’s time to sell the stock. Hulbert wrote, “The professors analyzed those cover stories in Business Week, Fortune and […]
