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.
“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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I wouldn't know whether they've strayed from their mission; when they kept cutting staff, cutting issues and cutting quality, I canceled my subscription.
And why would anyone NOT put Cameron, the most profitable movie director in history, on the cover?