Nat Ives of Advertising Age writes Thursday that Time Inc. is overhauling its business magazine unit, including naming publishers at Fortune and Money magazines. The unit recently decided to shutter Business 2.0.
“Hugh Wiley, who had been group associate publisher at the network, was named publisher of Fortune. Brett Wilson, who had been associate publisher for North America at Time magazine, was named publisher of Money. Alan Ives was named senior vice president of sales at CNNMoney.com, filling a post that had been vacant.
“‘It is an evolution of our approach,’ Mr. Shah said in a statement. ‘Eighteen months ago we made a very smart and bold decision to create a single print sales force and a single digital sales force. That was a streamlined way to do business. We wanted to simplify further and put focus back on the brands.'”
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