Tag Archives: BusinessWeek
Bloomberg Businessweek editor Josh Tyrangiel sent out the following announcement to the staff on Tuesday:
“It’s my pleasure to announce several new hires.
“Staff writer Felix Gillette joins us from the New York Observer, where he’s written more than 20 cover stories on media and business. Prior to his stint at the Observer, Felix worked at the Village Voice, Columbia Journalism Review and the Washington City Paper. He loves breaking news—so much so that he Tweeted his own hiring at Bloomberg Businessweek. Nice work Felix. Felix is a graduate of Columbia University.
“Associate features editor Bryant Urstadt has already made an appearance in Bloomberg Businessweek. His profile of Roger McNamee was a highlight of our May 7th issue. As a writer, Bryant has contributed to almost every magazine worth reading — Harper’s, The New Yorker, New York, Wired, and MIT’s Technology Review to name just a few. As an editor, he’s worked on launches at Wenner Media and Hachette, and was a general editor at Time Out New York. Working with Hugo Lindgren and Sheelah Kolhatkar we expect he’ll continue to do a bit of both. Bryant is a Dartmouth grad, and is currently pursuing an MBA at Baruch College.
“Associate editor Barrett Sheridan comes to Bloomberg Businessweek from Newsweek, where, even though his title was staff writer, he edited the Technology and InternationaList pages. After graduating Stanford, Barrett began his career at the World Bank, where he was plucked by Fareed Zakaria to be a research assistant before transitioning to Newseek’s web site and ultimately the magazine. Barrett will work with Ellen Pollock and Brian Bremner on the snake sections at the front of the book.
“Designers Evan Applebaum and Kenton Powell will work with Richard Turley and Cindy Hoffman as our in-house info-graphics team. After a stint as an intern at The Onion, Evan launched his career in the graphics department of the National Defense University Press, where he learned a lot about weapon systems, before moving to Infographics Inc., where he learned a lot about civil litigation. Kenton comes to us from Forbes Media, where he was a senior designer for infographics. In addition to experience as an Apple Store ‘Genius,’ Kenton has also worked at ID Magazine. Evan is a graduate of the University of California, Davis. Kenton is a graduate of the School of Visual Arts.
“Bryant and Kenton will begin work on June 21. Felix, Evan, and Barrett will start June 28. Please join me in congratulating and welcoming them all.”
Jessica Sibley, the publisher of Bloomberg Businessweek for the past two years, is leaving the magazine for a similar post with The Week.
Russell Adams of The Wall Street Journal writes, “Ms. Sibley succeeds Jed Hartman, who left the magazine in March to become group publisher of Time Inc.’s Fortune and CNNMoney.
“In her new role, Ms. Sibley will oversee sales and marketing at The Week, which has emerged in recent years as a rare bright spot in a magazine industry beset by advertising declines.
“Launched in the U.S. in 2001 by Felix Dennis, The Week offers a weekly digest of commentary on big events of the past seven days, culled from thousands of outside sources.
“Readership has grown steadily. The Week is raising its rate base, or guaranteed circulation for advertisers, for the fifth time in as many years, increasing it by 10,000 to 510,000.”
Read more here.
At the Observer, Gillette wrote about TV and digital media. A native of Washington D.C., he is a graduate of St. Albans high school and Columbia University. Previously, he has worked as a staff writer at the Washington City Paper, the Columbia Journalism Review, and the Village Voice. His freelance work has appeared in numerous outlets including the New York Times, Slate, and the Texas Monthly.
The magazine, acquired in December by Bloomberg, has been overhauling its staff and its content. A redesigned magazine was introduced in April, and the staff moved into Bloomberg’s building in May.
Gillette switched off the TV beat earlier this year to cover new media and the New York tech beat.
TALKING BIZ NEWS EXCLUSIVE
Time Inc., the parent of Fortune, held a state of the company meeting Friday and leader John Huey — a former Fortune managing editor — gave a talk. According to those who attended, he said that BusinessWeek was like an old couch someone dumped on the side of the road and that Bloomberg took it home with them.
Huey added that Bloomberg will probably lose money on it for years, and said that Time doesn’t engage in uneconomic vanity publishing.
When told of the comments, Businessweek spokesman Carl Fischer responded, “Coming off our successful relaunch, we’re delighted that Mr. Huey is spending so much time talking about Bloomberg Businessweek.”
Bloomberg acquired Businessweek from McGraw-Hill in December and promptly overhauled the weekly, getting rid of a big chunk of its staff and bringing in a new editor, Josh Tyrangiel, who happened to be working for Time. When Businessweek relaunched in April, Tyrangiel told Talking Biz News that he really didn’t see Fortune as competition.
Fortune managing editor Andy Serwer replied at the time that he wasn’t worried about the new Bloomberg Businessweek.
Tom Lowry, a former BusinessWeek staffer, has been hired by Variety as its senior editor. He will be based in New York.
A story on Variety’s site states, “Lowry most recently was senior writer and media editor at BusinessWeek. In his decade-plus tenure there, he was responsible for its media and entertainment coverage, including cover stories on James Cameron, ESPN, Comcast, the NFL, digital piracy in Hollywood, and Rupert Murdoch. He also did stints at the New York Daily News and USA Today, among others.
“He begins June 28, reporting to group editor Tim Gray.
“‘Tom is a great reporter and a terrific guy who’s well respected in the industry,’ said Gray. “We aggressively pursued him and feel lucky to have him. It’s great to have another voice in the paper and the website as we continue to strengthen the global reach that no other showbiz-news outlet can match.’
“An alum of the U. of Delaware, Lowry was a Knight-Bagehot Fellow in business and economics journalism at the Columbia Graduate School of Journalism.
“Lowry is the latest person to join the Variety masthead. Chris Krewson began as editor of Variety.com in March, two months after Leo Wolinsky took the job as editor of Daily Variety. The moves are part of an ongoing reorg as Variety and variety.com build on their coverage.”
Read more here. Variety is known in business journalism for its October 1929 stock market crash headline, “Wall St. Lays an Egg.”
Bloomberg BusinessWeek editor Josh Tyrangiel talked more with Fishbowl NY’s Joe Ciarallo about his new job, and he notes the skepticism that comes from covering business and the markets.
TALKING BIZ NEWS EXCLUSIVE
Emily Thornton, a former editor at BusinessWeek who joined the Bloomberg finance team at the end of last year to cover private equity when the magazine was acquired by the news service, has now left the company.
Thornton resigned on Wednesday. Within two hours, the Bloomberg terminal said she was no longer with the company.
Before joining the wire, Thornton was a senior writer for the magazine. Previously, she was an associate editor, investment banking editor, and Tokyo correspondent. Before BusinessWeek, she was a correspondent for the Far Eastern Economic Review based in Hong Kong. Prior to that, she was a Tokyo correspondent for Fortune. A Loeb Award and Business Journalist of the Year finalist, she has twice won awards for feature writing from the American Society of Business Publication Editors.
In an e-mail to friends and former co-workers, Thornton wrote, “Later this month, I’m becoming the Director of Research in the corporate risk division of Oliver Wyman, a consulting firm that competes with the likes of McKinsey and BCG. As such, I’ll direct, write and edit research concerning issues of risk to corporations (some financial services), non profits, and countries. I’ll also oversee research projects this division does with groups like the OECD and be part of their work involving developing Sub-Saharan Africa-something I never would have imagined myself having an opportunity to be involved in during my career.
“It has been my great pleasure and privilege to have worked with so many talented people at BusinessWeek over the past 13 years. Please stay in touch and let me know if I can ever be of assistance! Oliver Wyman’s corporate risk practice specializes in advising clients on how to identify, and manage, a very wide range of potential risks to their businesses including stubbornly high unemployment, climate change, volatile commodity prices, and a slower growing China.”
Oliver Wyman has hired a handful of business journalists recently. It hired Peter Edmonston, who helped to create the Dealbook with Andrew Ross Sorkin and served as its editor for three years, from the New York Times. It has also hired Eileen Roche, who was an editor at Harvard Business Review for close to 10 years, and Patrick Clinton, who was editor in chief of Pharmaceutical Executive and editor in chief of the sister publication of Lingua Franca called University Business.
Zach Seward, the outreach editor of WSJ.com, posted this photo on Twitter of Bloomberg BusinessWeek offered free shoeshines in Manhattan.
Marion Maneker of The Big Money likes what has been done to Bloomberg BusinessWeek magazine.
Maneker writes, “The first two issues of Bloomberg BusinessWeek are a veritable Sears catalogue of business news serving each of its core constituencies. From the Bloomberg side, it presents some of the site’s content in a new context, helping buy-side types and traders learn more about their context of their bets.
“For the BusinessWeek reader, there’s easier access to a broader range of information from around the world, with a level of detail and specificity that would satisfy any middle manager on the make.
“BBW makes the most of its upfront stories with punchy, memorable shorts on companies, like Roben Farzad’s excellent piece from the debut issue on the unnecessary $35 million in interest payments the New York Times has to pay. They’ve even squeezed in Bloomberg’s broadcast assets, with interview excerpts from Charlie Rose (who records his show from Bloomberg’s studio) and radio host Tom Keene.
“On top of all that, the magazine has a feature well that combines some of the best attributes of what BusinessWeek did well, while reviving the kinds of narrative features that made Fortune a standout (and that, for some reason, Fortune has moved away from).”
Read more here.
Five of the top 10 media in the BtoB Magazine’s Media Power 50 list are business media organizations.
For “Power Lunch,” Kate Maddox writes, “The two-hour program, which airs Monday through Friday at noon ET, provides extensive coverage of the stock markets, business news, real estate, public policy and other important topics of the day.
“‘We feel the program delivers great strength in business and financial news coverage and certainly makes sense for our b-to-b and financial clients,’ said Dolores Marsh, director of broadcast services at Doremus, New York, which has bought advertising time on the program for clients including FINRA (Financial Industry Regulatory Authority), Knight Capital and Russell Investments.
“‘The large range of topics available within the two-hour segment enables us to reach the target audience they deliver—top management, business decision-makers and affluent investors,’ Marsh said.”
Read more here.