Good month for BusinessWeek and Economist, not for Time pubs

Business glossies BusinessWeek and the Economist saw double-digit inccreases in advertising revenue and ad pages in February, according to data from the Magazine Publishers of America, while the business magazines from Time Inc. saw declines. BusinessWeek reported a 16.5 percent increase in ad revenue to $21.5 million and a 12 percent increase in ad pages […]

When biz magazines forecast the market

Forbes.com columnist Gary Weiss writes on his blog about the absurdity of business magazines Barron’s and BusinessWeek — where Weiss used to work — attempting to forecast where the market is going. Weiss wrote, “Even though I had two excellent editors, both doctors of economics, to guide my prose, I simply felt that I was […]

When biz journalists anoint kings

It’s a dangerous business for business journalists to be naming kings, points out TheDeal.com executive editor Yvette Kantrow in her latest column. Kantrow wrote, “Just ask BusinessWeek. In 1985, the magazine crowned Salomon Brothers CEO John Gutfreund ‘King of Wall Street’ for his firm’s seemingly unstoppable bond-trading prowess. Two years later, a profit-shedding Salomon was […]

Citigroup uses Bartiromo to divert attention to real problems

TheDeal.com executive editor Yvette Kantrow wrote that recent coverage of the ouster of Citigroup executive Todd Thomson has disputed many of the allegations about his extravagances, including his relationship with CNBC anchior Maria Bartiromo. Kantrow’s conclusion is that the business media was played by Citigroup to turn the focus away from its actual issues. She […]

JetBlue's problems change BusinessWeek's cover

Airline JetBlue’s recent problems — passengers were left on planes on runways for up to 11 hours last week during snow storms — caused BusinessWeek to make a last-minute change to this week’s cover, according to Reuters. Robert MacMillan wrote, “BusinessWeek magazine’s March 5 edition, out on Thursday, features a cover story on its first-ever […]

CNNMoney.com has most traffic of biz news sites

CNNMoney.com was the most visited business-destination Web site of 2006, according to 12-month averages of the Nielsen/NetRatings Financial News and Information category, a story in Direct Marketing News stated. Nicole Smith wrote, “The site beat competitors Forbes.com, Marketwatch.com, BusinessWeek.com and WSJ.com in number of unique visitors, page views and gross-usage minutes. “CNNMoney.com hopes to solidify […]

Overstock CEO gets creepy with attacks on biz reporters

Bloomberg columnist Susan Antilla writes Wednesday about the recent tactics taken by Overstock.com and CEO Patrick Byrne in attacking business reporters he believes are in cahoots with naked short sellers driving down his stock price. Antilla wrote, “Googlers got a little surprise last week if they went trolling for information about author Gary Weiss, a […]

Former BusinessWeek editor Steve Shepard on biz journalism

Steve Shepard, the former editor in chief of BusinessWeek and now the dean of the Graduate School of Journalism at City University of New York, spoke to Noah Davis and Dorian Benkoil at the MediaBistro site about his new job and views on business journalism. Here are a few snippets: Having done business journalism in […]

Editors stand behind Bartiromo

The New York Post’s Keith Kelly writes Friday that the editors of Reader’s Digest and BusinessWeek will continue to publish freelance columns from CNBC anchor Maria Bartiromo despite the recent controversy surrounding her trip on a Citigroup jet. Kelly wrote, “Bartiromo was to have been a guest of Reader’s Digest Association at the Magazine Publishers […]

BusinessWeek can't make up its mind

TheDeal.com executive editor Yvette Kantrow writes about the different takes recent BusinessWeek cover stories have taken in discussing private equity deals. Kantrow wrote, “The glossy, which increasingly reads like it was thrown together by marketing types monitoring the most-­e-mailed story list, seems particularly confused about where it stands on buyouts these days. In its infamous […]