After almost 100 years in Manhattan, pre-eminent business magazine Forbes packed its offices last year and hopped over the Hudson River to New Jersey. Now located in downtown Jersey City, […]
Forbes Media LLC announced today that it has agreed to sell a majority stake in the company to a group of international investors.
Magazines may be struggling on the newsstand, but there’s at least one place where they’re still a hot commodity: airports. Now Forbes is taking advantage of the age-old relationship between print mags and weary travelers with the launch of its latest brand extension, licensed airport newsstands.
Forbes Media LLC is exploring a sale of the 96-year-old media company. CEO Mike Perlis announced the news in a memo to employees today saying that as a result of the company having its best financial performance in six years, the company has gotten “more than a few” indications of interest. Deutsche Bank is handling the process.
Since launching its BrandVoice platform in 2010, Forbes has become one of the leaders in native advertising, fueling the debate over whether publishers should be running sponsored posts alongside—and sometimes indistinguishable from—editorial content.
Two years after Forbes Media made a radical break with traditional journalism by letting outside contributors and advertisers publish content on its site, it’s taking the model a step further by having contributors publish e-books under its name.
Twenty-two years after launching its luxury lifestyle supplement ForbesLife, Forbes Media is revamping the title. The magazine previously was available to subscribers only, but in its newest incarnation, it will be available on newsstands in New York, Los Angeles and Las Vegas (cover price $6.99), and as a digital replica for the iPad, Nook and Kindle.
There’s been more fallout from the leadership change at Forbes Media as another longtime executive, Kevin Gentzel, has quietly left the company.
In the latest shake-up of its editorial leadership, beleaguered Forbes Media has hired Randall Lane from the Newsweek Daily Beast Co. as the editor of Forbes. Lane will report to Lewis DVorkin, whose hire in April 2010 as chief product officer ushered in a housecleaning and revamp of the flagship magazine and its website.