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Forbes

Interview: Steve Forbes Says Pay Walls Can’t Pay The Way

May 12, 2011 11:00 AM

“Even if you have a successful paywall, the revenue you get will not come close to matching what you’re going to get on the advertising side,” Forbes Media chairman and former presidential candidate Steve Forbes told paidContent:UK.

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Posted In: , forbes, steve forbes

Forbes Still Sees Web, Print Separation As It Unveils European Magazine

May 11, 2011 1:55 PM

Despite wrapping its separate Forbes.com business into the mothership in 2009 after nearly a decade, Forbes Media’s top executives insist the magazine and website fulfill distinct destinies, as evidenced by the launch of a new print magazine edition today aimed at 20,000 European executives.

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Posted In: Advertising, Media & Publishing, Magazines, Online News, Countries, Europe, forbes, mike perlis, steve forbes

Video Interview: Forbes CEO Perlis On The Free Web In The Free Market

May 11, 2011 10:07 AM

Forbes Media today unveiled a new localised print edition for Europe. Following the announcement, recently-appointed CEO Mike Perlis told me why the publisher regards a free website, not a tablet magazine, as the way to build its global business…

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Posted In: , forbes, mike perlis

Industry Moves
Forbes Promotes CTO Michael Smith As Digital Head

Mar 16, 2011 4:13 PM

It’s a good day to name a chief digital officer…. Hours after Gannett (NYSE: GCI) named David Payne as its new CDO, Forbes Media says it promoting Michael Smith from chief technology officer to its first chief digital officer.

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Posted In: Industry Moves, Media & Publishing, Magazines, forbes, michael smith

Industry Moves
Forbes Names Softbank’s Perlis As President, CEO Of Forbes Media

Nov 15, 2010 5:24 PM

Forbes has hired Softbank Capital chairman Mike Perlis to serve as president and CEO of Forbes Media. Perlis has held a number of high profile chairmanships recently. In addition to Softbank, which he is leaving to join Forbes, Perlis was named to the chairmanship post at Associated Content two years…

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Posted In: Industry Moves, Media & Publishing, Magazines, forbes, mike perlis

Forbes Gains Russian Domain Name After Court Fight

Aug 10, 2010 11:53 AM

A year after being awarded it by a Russian court, Forbes Media’s local online edition there has finally been handed the forbes.ru domain name by a company that had controlled it.

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Posted In: Legal, Media & Publishing, Magazines, Countries, Europe, Russia, forbes, forbes russia

Forbes Sells Investopedia To ValueClick For $42 Million

Aug 4, 2010 9:17 AM

After less than two months on the block, Forbes Media has sold financial education site Investopedia to lead gen provider ValueClick (NSDQ: VCLK) for $42 million. In June, Forbes retained the Jordan, Edmiston Group, Inc. three years after it bought the Canadian site.

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Posted In: Advertising, Marketing, Media & Publishing, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, forbes, investopedia

Industry Moves
Forbes Editor Baldwin Steps Down

Jul 20, 2010 2:02 PM

The latest management change at Forbes: William Baldwin, Forbes’ editor since 1999, is stepping down to become a writer at the magazine effective Sept. 1. Baldwin’s departure comes two months after Forbes purchased freelance journalism site TrueSlant and put founder Lewis Dvorkin in charge of all editorial areas as chief…

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Posted In: Industry Moves, Media & Publishing, forbes, william baldwin

Forbes Puts Investopedia Site Up For Sale; Maidment Resigns

Jun 14, 2010 11:14 AM

Three years after it bought financial education site Investopedia, Forbes Media has retained the Jordan, Edmiston Group, Inc. to help sell the property off. The announcement comes a few weeks after Forbes acquired freelance journalism site True/Slant. Forbes had been an investor in True/Slant and before the purchase, it had…

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Posted In: Media & Publishing, Magazines, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, forbes

Forbes Acquires Freelance Journalism Site TrueSlant

May 25, 2010 11:47 AM

TrueSlant, the journalism site founded by Lewis Dvorkin, has been acquired by Forbes. We first reported on the sale talks last week. The company raised $3 million in August 2008 from Forbes and Fuse Capital; Dvorkin has also been consulting with Forbes for since April, so likely this is a…

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Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, forbes, trueslant

Forbes Sells Headquarters To NYU, Will Retain Five-Year Lease

Jan 7, 2010 8:11 PM

Forbes Media has finally sold off its pricey headquarters in New York’s Greenwich Village, in a move to get some much-needed liquidity. New York University (NYU) is the buyer. Forbes will still retain a five-year lease, though other financial terms were not disclosed (via the WSJ). The company has owned…

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Posted In: Money, forbes

Forbes Layoffs Being Done Today; No Final Numbers

Oct 28, 2009 2:41 PM

Forbes, which announced its intention for additional layoffs last week, finished up with its layoffs today. No specific number could be determined, and even the company PR doesn’t know the exact number, but total estimates have been reported to be about 100, with less than half of that from edit.…

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Posted In: Media & Publishing, Magazines, forbes

Industry Moves
Forbes Names Michael Smith as Online President

Sep 28, 2009 6:01 PM

Forbes, which is still hunting for an overall president for the company, has promoted Michael Smith as the president of Forbes.com, according to a memo sent internally, picked up by ClickZ. This comes as Jim Spanfeller recently left as the CEO of the online arm. Smith has been with Forbes.com…

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Posted In: Industry Moves, Media & Publishing, Magazines, forbes, michael smith

Industry Moves
Forbes Media Hiring A New President

Aug 3, 2009 2:00 PM

Forbes Media, the parent of Forbes magazine and Forbes.com website, is hiring for a new president, we have learned from multiple sources. This comes after Forbes.com CEO Jim Spanfeller announced last month that he was leaving, and amid questions about the future of Elevation’s stake in the company. Forbes Media…

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Posted In: Industry Moves, forbes

Industry Moves
Where Will Tad Smith End Up?

Jul 30, 2009 4:17 PM

The latest news about selling part of Reed Business came in tandem with word that Tad Smith is leaving Reed Business Information-USA. We’ve been told he wasn’t ousted, despite the instant conclusions popping up—that he had decided to leave for a new job. RBI and Reed Elsevier (NYSE: RUK) were…

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Posted In: Industry Moves, Media & Publishing, Magazines, Companies, Reed Elsevier, forbes, tad smith

Industry Moves
Spanfeller’s Resignation: The Internal Memo From Steve Forbes

Jul 15, 2009 11:45 PM

We reported earlier on the resignation of Jim Spanfeller, CEO of Forbes.com. Steve Forbes, the President and CEO of Forbes, wrote an internal memo (it is being sent to employees tomorrow morning), thanking Spanfeller for his contributions for the last nine years, and mentioning that he will start a new…

The full memo after the jump »

Posted In: Industry Moves, Media & Publishing, Newspapers, forbes, jim spanfeller

Industry Moves
Spanfeller Resigns From Forbes.com; Starting A New Company

Jul 15, 2009 10:51 PM

We’re hearing from a trusted source this evening that Jim Spanfeller, the CEO of Forbes.com, is resigning, and have confirmed it from him as well. No word yet on who, if anyone, would replace him. (The internal memo to the employees, supposed to go out tomorrow morning, is here). A…

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Posted In: Industry Moves, Media & Publishing, Magazines, forbes, jim spanfeller

Bigger Budgets Ahead For Viral Campaigns—Ad Nets, Not So Much

Jun 12, 2009 3:21 PM

Expect an influx of experimental social media campaigns (like Ford’s Fiesta Movement) to crop up over the next six months—as a majority of marketers recently told Forbes that they’d be increasing their viral marketing budgets at the expense of other tactics. About 42 percent of survey respondents said they’d spend…

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Posted In: Advertising, Research & Metrics, Research, emarketer, forbes

Forbes To Hand Out More Pink Slips; Second Round Of Cuts Targets 50

Mar 31, 2009 7:53 AM

Forbes Media is planning on cutting another 50 jobs, MediaMemo’s Peter Kafka reports. Forbes didn’t return calls seeking comment. The business mag has already slashed more than 60 jobs since last fall. Those job losses were attributed to the two-phase process of combining the digital and print staffs. With that…

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Posted In: Jobs & Layoffs, Media & Publishing, Magazines, forbes, layoffs

Forbes Media-Backed FlipGloss Launches Beta

Feb 19, 2009 6:30 AM

If all goes as planned, FlipGloss Media and its flagship FlipGloss.com will emerge from stealth mode this morning. The latest entrant in the glossy-magazine-online category is billed as an “interactive photo experience that lets you flip, hover and discover.” Founded in March 2008 by digital music vets Kerry Trainor (CEO),…

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Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Venture Capital, flipgloss, forbes

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