Fortune hires three new editorial staffers
Fortune editor in chief Clifton Leaf sent out the following announcement to the staff: It’s my pleasure to welcome three wonderful new colleagues (to say nothing of a new owner!) to our FORTUNE family. Those in New York have already met Tamara El Waylly and Rey Mashayekhi—and if you haven’t yet said hello in person, please do. […]
Fortune seeks an associate editor in London
Fortune is looking for a sharp, organized, and ambitious journalist to take on the role of associate editor for news in London. You Will Contribute to a team of Europe-based writers and editors that covers business news for a primarily U.S.-based audience Write breaking news stories across a variety of topics—tech, finance, macroeconomics, leadership—for American […]
Fortune seeks to diversify revenue under new ownership
Fortune magazine will try to diversify its revenue streams in 2019 under its new owners, reports Max Willens of Digiday. Willens writes, “Armed with new funds promised by Thai businessman Chatchaval Jiaravanon, who recently acquired Fortune from Meredith for $150 million, the business publication will be developing several paid products at both consumer and professional price points, […]
Fortune’s new owner wants to make it a pre-eminent biz media brand
Fortune magazine’s new owner Chatchaval Jiaravanon wants it to become the pre-eminent business media brand, writes Fortune president Alan Murray. Murray writes, “The new Fortune plans to place itself squarely at the center of that change. We will chronicle it, analyze it, benchmark its successes, spotlight its failures, and provide opportunities for business leaders to better understand and profit from […]
Fortune hires Abril to cover tech in San Francisco
Fortune magazine has hired Danielle Abril to cover technology in San Francisco. On Medium, Abril wrote, “While I had high hopes and expectations to grow DigiNews DFW, I recently received an opportunity I could not turn down. Fortune has hired me as its newest technology reporter, based in its San Francisco bureau. I will begin […]
Staffers told Fortune will explore premium model, have 12 issues next year
Fortune magazine will continue to have 12 print issues next year but will also explore a premium model, staffers were told on Monday during a meeting to discuss its new owner. Meredith Corp., which acquired Fortune from Time Inc. earlier this year, has agreed to sell the business magazine to Thai businessman Chatchaval Jiaravanon for $150 […]
New Fortune owner attracted to its overseas operation
Joe Pompeo of Vanity Fair writes that the new owner of Fortune magazine, Chatchaval Jiaravanon, was attracted to purchasing the publication because of its Asian operation. Pompeo writes, “But Jiaravanon swooped in with strong unsolicited interest at the eleventh hour. He was introduced to Murray last month by a mutual acquaintance, and before long, intermediaries had flown […]
Who is Fortune’s new Thai owner?
Linh Nguyen of Forbes writes about Chatchaval Jiaravanon, who bought Fortune magazine from Meredith Corp. for $150 million. Nugyen writes, “While he may not be a household name yet, his uncle Dhanin Chearavanont is one of the wealthiest and most influential business leaders in Southeast Asia. Jiaravanon’s father is also a billionaire and his extended family, worth at least […]
Fortune being sold to businessman for $150 million
Meredith Corp. is selling Fortune magazine to Thai businessman Chatchaval Jiaravanon for $150 million in cash, a sale that gives the storied business publication a new owner for the second time this year, reports Jeffrey A. Trachtenberg of The Wall Street Journal. Trachtenberg writes, “The 88-year-old magazine, which first published months after the 1929 stock-market crash, continues to carry […]
Fortune hires two new staffers
Clifton Leaf, the editor in chief at Fortune, sent out the following announcement on Tuesday: Dear Fellow Fortune-ites: I’m happy to announce that we have TWO new wonderful colleagues joining us. Alison “Ali” Klooster has joined FORTUNE as senior manager of brand communications, and will focus on making sure the rest of the media world […]
