OLD Media Moves

Baltimore biz journal has healthy profit, seen large revenue increase

March 12, 2012

Posted by Chris Roush

The Baltimore Business Journal, which is owned by American City Business Journals, has seen a dramatic increase in revenue in the past few years, reports Alan Forman of Voice of Baltimore.

Forman writes, “Declaring every intention of continuing ‘to put out a print edition,’ the president and publisher of the Baltimore Business Journal, one of 41 weekly newspapers owned by American City Business Journals Inc., told a large gathering of businessmen and women at week’s end that the BBJ is not only turning a healthy profit but has seen a dramatic increase in revenues over the past several years.

“‘We are positioned to provide you with all the up-to-date information you need’ to be competitive in the marketplace, the BBJ publisher, John Dinkel, told a packed conference room Friday at the newspaper’s Inner Harbor headquarters in the former Verizon Building on East Pratt St.

“The businesspeople, numbering close to a hundred and including government representatives as well, had come to learn what the Journal can do to give them a leg up on their competition and keep them informed and current on everything that’s going on in the world of industry and business.

“One small business owner, Amánda Karfakis, the president and CEO of Vitamin, a seven-employee startup located in Highlandtown, brought half her staff to the early a.m. meeting to see Dinkel and BBJ Editor Joanna Sullivan unveil the Journal’s newest product: a daily aggregation of news stories titled ‘Morning Edition’ — which the Journal describes as ‘Daily business news essential to Greater Baltimore’s business leaders’ — that is being sent out at 7:30 a.m. weekdays via email.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.