OLD Media Moves

Bloomberg Pursuits to double number of issues

May 9, 2012

Posted by Chris Roush

Lucia Moses of Adweek reports that Bloomberg LP plans to double the number of issues of its new luxury business magazine Bloomberg Pursuits.

Moses writes, “The issue sold 30 pages including Brioni and Zegna — in the dead of January, no less. That convinced Markets publisher Michael Dukmejian that he should double the frequency of Pursuits to four issues in 2013 (something he said is a near certainty) while making a big push into fashion advertising. ‘We’ve always done well with luxury cars, private jets, first-class business travel,’ Dukmejian said. ‘This is just a natural outgrowth.’

“Convincing the fashion world of that will take some work, however. So Dukmejian brought on former Harper’s Bazaar ad director Renee Moskowitz to get Markets in the door with fashion accounts. ‘Three months ago, we had no relationship with the fashion category,’ Dukmejian said of Moskowitz. ‘She’s been able to get us in to see some of the fashion accounts.’ On June 19, Markets will host a luncheon for prospective clients, with Norm Pearlstine, Bloomberg’s chief content officer, in attendance.

“Advertisers want the chance to interact with readers in person, too, so this year, Markets will host two off-site events where advertisers can showcase their wares in front of readers, one a Macau gambling-themed extravaganza in lower Manhattan and the other a bespoke luxury-themed event.”

Read more here.

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