Categories: OLD Media Moves

More on Capital Business launch

Tucker Echols of the Washington Business Journal has more details on the launch of Capital Business, a competing business newspaper to begin publication next month by the Washington Post, mainly from an interview with editor Dan Beyers.

Echols writes, “In an interview, Beyers said Capital Business will try to help the Washington business community navigate the region’s economy. He hopes ‘every article’ in the publication will generate a business lead for readers or an idea about a business opportunity.

“Asked about the Post’s new publication, Alex Orfinger, publisher of the Washington Business Journal, said: ‘It does not surprise us that the Post wants to cover our vibrant local business market. I’m confident our 28-year commitment to this community can withstand a stronger competitive environment.’

“The Post will hire new reporters for Capital Business, but Beyers would not say how many. His team of reporters will work in the Post’s newsroom, sharing and collaborating on business stories with the daily paper’s business reporters, Beyers said.”

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Joey says:
March 16, 2010 at 2:46 pm
And there goes ACBJ's opportunity to capitalize on daily papers whacking business reporters with the skill of Luca Brasi. Not surprised others would finally realize they were handing a gift to the Shaws and decide they want to take it back.
Johnny says:
March 17, 2010 at 11:39 am
But you've gotta ask this question: How come this has never worked anywhere else? There are business journals across the United States who have successfully warded off invasion from the dailies. I am not aware of a single daily that has dethroned a competing business journal in its market. Why is that?
And what gives this venture any realistic opportunity for success?