Fortune draws interest from buyers, primarily wealthy individuals
Dan Primack of Axios has the following breakdown of Meredith Corp. CEO Tom Harty’s meeting with the staff of Fortune, where he used to work. Primack writes, “Notes from the 2:30pm meeting with Fortune staffers, which took place in New York City despite many being absent due to the snowstorm: There is a lot of inbound […]
Meredith hires advisers to explore Fortune, Money sale
U.S. media company Meredith Corp. has hired advisers to explore a sale of Fortune and Money magazines following its $1.84 billion acquisition of Time Inc. in January, reports Jessica Toonkel and Liana B. Baker of Reuters. Toonkel and Baker report, “It was not clear how much the magazines could be worth. Fortune and Money generated more than $20 million in […]
Ex-Time CEO mulls purchase of Fortune, Money
The former chief executive officer of Time Inc. is interested in purchasing Fortune and Money magazines, as well as the Fortune conference business, from new owner Meredith Corp., reports Keith Kelly of the New York Post. Kelly reports that Joe “Ripp was the CEO who steered Time Inc. through its spinoff from Time Warner in […]
CNNMoney: The best thing to come out of AOL/Time Warner
Howard Gold, writing in Columbia Journalism Review about the demise of Time Inc., writes about how CNNMoney.com was the best result of Time Warner’s acquisition by AOL. Gold writes, “Several people told CJR that AOL’s CEO at the time, Bob Pittman, was the driving force behind a forced marriage that remained unhappy until Money.com went […]
Money seeks a personal finance reporter
Money, the leading personal finance brand online and in print, is looking for a writer to cover personal finance topics. Outstanding reporting and writing skills, as well as some knowledge and/or strong interest in the subject matter are required. You will: Pitch, report and write stories — quick-turn articles, analysis of breaking news, and longer-cycle […]
Business journalism giant Loeb dies at 88
Marshall R. Loeb, a business journalist who turned a floundering Money magazine into one of the nation’s most successful publications in the 1980s and then led a similar revival at Fortune, died on Saturday in Manhattan. He was 88. Robert D. Hershey Jr. of The New York Times reports, “He joined Money in 1980 as managing […]
Money hires Mishkin to cover real estate
Shaina Mishkin has joined Money magazine to cover real estate. Before joining Money, Mishkin worked as an entertainment producer at MassLive.com, where she led real estate, arts and culture coverage. Mishkin has a bachelor’s degree from The University of Massachusetts Amherst in journalism and a certificate in film studies. While in college, Mishkin served as The […]
Money magazine seeks a staff reporter
Money seeks a staff reporter to join its growing digital team and work on Time Inc.’s growing news desk. This reporter will be responsible for pitching and writing daily stories on all aspects of money and personal finance. The ideal candidate should have experience working with news in fast-paced environments, and have a general interest […]
Time Inc. cutting print issues of Fortune and Money
Time Inc. said Tuesday that it will cut print editions of its business magazine Fortune and its personal finance magazine Money. The annual print issues of Fortune will decline to 12 from 16 while the annual print issues of Money will decline to 10 from 11. “All of the research we have suggests our readers […]
Money’s Clark joining EWA as assistant director
Money magazine staffer Kim Clark has been hired as an assistant director of the Education Writers Association. Clark, a longtime national journalist most recently with Money Magazine, will play a leading role in directing EWA programming on education beyond high school. “We are thrilled to have a journalist of Kim’s caliber joining our staff,” said […]
