Matthew Karnitschnig of The Wall Street Journal writes Friday that the big three business magazines — BusinessWeek, Forbes and Fortune — are pushing their Web sites more to combat falling ad sales in the print publications — except for Conde Nast Portfolio, which continues to push ad sales in its magazine.
“Its competitors say they are unimpressed, noting that Portfolio’s rate base — the circulation it guarantees advertisers — is less than half of the 800,000 to 900,000 copies each of the top three titles boasts. They also suggest Condé Nast is offering advertisers space in Portfolio on discount terms the incumbent titles wouldn’t accept.
“Portfolio President David Carey says the magazine isn’t offering any ‘freebies’ but some advertisers say privately that they are getting other incentives.”
Read more here.
Dayna Fields has been hired by Octus, formerly known as Reorg, as a senior private credit…
Bloomberg News has hired Elizabeth Rembert to cover municipal finance. She will start Dec. 16 and be…
Michael Tsang, managing editor of the markets editing hub at Bloomberg News, sent out the…
Avi Asher-Schapiro, a tech correspondent for the Thomson Reuters Foundation in Los Angeles, has been…
MLex has hired Maria Dinzeo as a senior data privacy and security reporter. She will start next…
ProPublica has hired Reuters cybersecurity reporter Christopher Bing as a reporter in its Washington bureau. He…