Well that didn’t take long. A little over an hour ago FishbowlNY mentioned that Fortune has a piece coming out in August that details the financial failings of Forbes Media. All Things D just got its hands on an internal memo from Steve Forbes regarding the Fortune article, and his reaction can be summed up in three words: “Haters gonna hate.”
Here’s a portion of the note:
Today Fortune magazine published a story on Forbes with the clear intention of disrupting the business of its most formidable competitor.
Fortune was aware that this was highly confidential, private information and of no value to release to the public. Though the intention is to harm our business, it will not adversely impact Forbes because it highlights a very difficult time in the past when all the media industry was going through unprecedented upheaval.
Forbes adds that the company is sending out a public response too. Like we mentioned, we were hoping for a Forbes article about the finances at Fortune, but looks like we’ll have to settle for imagining Mr. Forbes kicking back and brushing his shoulders off.