Gay Talese Talks That Old-Time Journalism While Forbes Floats its Redesign, Plus Other News of the Day

Forbes will unveil its redesign in the upcoming Forbes 400 issue. But the Business Insider got its hands on the presentation that new Forbes overlord, Lewis D’Vorkin showed employees to explain the new design. It will have “More graphics, more white space, a lot more web content being incorporated into the front of the magazine,” according to one unnamed source speaking with BI.
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Congressional Quarterly and Roll Call will join forces, physically speaking. The Economist Group has finalized a lease to move the troops to a new location at 77K St. NE in Washington, DC. The move will take place over the next few months, finalizing by April 2011. “Bringing all of our employees under a single roof will allow us to work more efficiently and in turn, provide more value to our clients,” wrote Managing Director Laurie Battaglia in a memo to employees obtained by FishbowlDC. It’s so great to see family getting along.

– You want to know why newspapers and magazine will eventually switch to an online only model? “Take this one: 4.1 percent,” wrote Newsonomics writer Ken Doctor. “That’s what Warren Webster, president of AOL’s newly expanding Patch, recently told me it costs his company to match the content production of a ‘like-sized newspaper.’ Meaning that Patch can produce the same volume of content (quality, pro and con, in the eye of the beholder) for 1/25 the cost of the old Big Iron newspaper company, given its centralized technology and finance and zero investment in presses and local office space. (Staffers work out of their homes.)” Enough said.

– A lot has changed since famed journalist Gay Talese first began publishing stories 50 years ago. While speaking to Indiana University journalism students, Talese instructed the crowd to embrace the old style reporting. “Get rid of your laptops,” and “go out and see the world.” He goes on to add, “What I do is actually old-fashioned journalism. It’s being there. It’s hanging out, doing serious research.” If only the business model allowed it!

Photo by Rosa y Dani