Lucia Moses of Adweek writes that Fortune magazine wants to double down on editorial franchises in 2012 as it tries to build on the popularity of its Fortune 500 list to appeal to readers and advertisers.
“‘The big franchise issues score the highest when it comes to reader opinion,’ said Jed Hartman, publisher of Fortune. ‘They also perform great for advertisers, and they also have that third ingredient: They’re picked up by the press or they’re influential in the community.’
“Publishers also like franchises because they can easily be extended to other platforms, widening their advertiser appeal. This year, for example, Fortune launched Executive Dream Team editorial feature and got BMW to sponsor a complementary event.
“Andy Serwer, the managing editor of Fortune, said the franchise calendar carried another bonus. Because advertisers like franchise issues so much, Fortune can devote more editorial space to long-form journalism. ‘That means they’re fat issues, and then we can do all this other stuff,’ he said.”
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