Biz magazines underperform industry in first quarter

The 14 business magazines underperformed the rest of the magazine industry in the first quarter, according to data from Publishers Information Bureau. Combined, the business titles reported a 2.95 decrease in advertising revenue to $245.4 million and a 5.9 percent drop in advertising pages to 2,289.43. That compares to a 1.6 percent decrease in ad […]

How much do Forbes contributors make?

Lewis Dvorkin, the chief product officer at Forbes, writes about the compensation for the business magazine’s online contributors. Dvorkin writes, “Forty or so full-time staff reporters write for our magazine and post to Forbes.com. They take home salaries, occasionally participating in quarterly incentive programs. They’re now publishing side-by-side with more than 1,200 carefully selected contributors […]

Forbes extends brand to airport newsstands

Emma Bazilian of Adweek writes about how Forbes is licensing its name to airport newsstands. Bazilian writes, “Through a partnership with Paradies, which owns and operates a variety of different airport and hotel stores (including CNBC and New York Times branded shops), Forbes has already opened its first newsstand in Detroit’s Metropolitan Wayne County Airport […]

Forbes unveils real-time billionaires list

Forbes announced Monday a new digital tool that provides real-time updates on the net worth and ranking for each individual featured on the Forbes world’s billionaires list. Bloomberg News, which competes with Forbes in covering billionaires, launched The Bloomberg Billionaires Index in January 2013 that includes the top 100 billionaires worldwide and features transparent data […]

Forbes vows to keep stake in company

Forbes Media Chairman Steve Forbes has told employees he will definitely keep a minority stake in the company after it is sold, reports Keith Kelly of the New York Post. Kelly writes, “He made the announcement at a quarterly company-wide town hall meeting on March 13. “One insider said the impression he gave is that […]

Bloomberg hires Melby from Forbes to cover executive comp

Caleb Melby, who has been covering the wealthy for Forbes, has been hired by Bloomberg News to work on its billionaires team. Melby is known for writing Forbes’ first graphic novel, “The Zen of Steve Jobs.” He will work out of New York and cover executive compensation. Bloomberg and Forbes have been competing on the […]

Forbes Ukraine publisher loses his license

The media holding of former billionaire Serhiy Kurchenko, who is now facing criminal investigations into his finances and freezes on his assets, has lost its license to publish the Ukrainian version of Forbes magazine. Ivan Verstyuk of the Kyiv Post writes, “Forbes Media, which controls the iconic global media brand, revoked the licensing agreement, citing […]

Forbes to launch Central America edition

Forbes will launch a Central America edition in March featuring the wealthiest people in the region, reports Oscar Lopez of Latin Times. Lopez writes, “The information was confirmed by Max Linares, CEO of Forbes Mexico, who commented that the magazine will have an monthly distribution of 50,000, of which 30,000 will be distributed equally across […]

What makes for a top post on Forbes.com

Lewis Dvorkin, the chief product officer at Forbes, writes about the stories on its website that get the most reads. Here are some of his conclusions: 1) Reporting Matters: Staff reporter Parmy Olson’s exclusive rags-to-riches story of WhatsApp founder Jan Koum hit the Top 15 four times — a full week after it was first published. […]

The value of licensed editions at Forbes

Lewis Dvorkin, the chief product officer at Forbes, writes about what the international licensed editions mean for the business magazine. Dvorkin writes, “Sometimes my focus involves our licensed editions, as it did when the Internet convulsed over the demise of Flappy Bird, a wildly popular app from a mysterious 29-year-old Vietnamese developer. I asked one […]