Categories: OLD Media Moves

Loeb’s son interested in buying Money/Fortune

The son of Marshall Loeb, who edited both Money and Fortune magazines, is interested in buying them from Meredith, reports Keith Kelly of the New York Post.

Kelly repots, “Michael Loeb, who co-founded the magazine marketing firm Synapse Group, which was sold to Time Inc. 12 years ago, is now an investment banker running Loeb & Co.

“He is said to be eyeing Fortune and Money. He is the son of the legendary magazine editor Marshall Loeb, who edited both Money and Fortune. He retired in 1994 and passed away last December.

“Emanuel and Loeb join a host of other suitors including Jay Penske at Penske Media, Jimmy Finkelstein, who owns the Beltway publication The Hill, and Liam Lynch, who runs the venture capital firm Studio VC.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.