Media Moves

Fortune editor replies to BusinessWeek president's comment

April 22, 2010

Michael Calderone of Yahoo! News writes Thursday that Fortune managing editor Andy Serwer didn’t take too kindly to the comment from Bloomberg BusinessWeek president Paul Bascobert that there’s much competition.

Calderone writes, “Bascobert—who serves as company president—also maintains that other leading business magazines aren’t covering the same ground, saying that long-time rival Fortune ‘has moved away from core business coverage.’

“Not everyone agrees.

“Andy Serwer, Fortune’s managing editor, said that’s ‘crazy, preposterous rhetoric.’

“‘We haven’t strayed from our mission at all,’ Serwer said. ‘This from the magazine that put James Cameron on the cover recently.'”

Read more here.

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