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Posts Tagged ‘Forbes’

It’s a Long Way from Westchester to Costa Rica

One of the journalists to envy this fall is Westchester magazine associate editor Katie O’Donnell. Thanks to the affluence of her publication’s readership (they travel extensively; many own second homes), she got the plum recent assignment of visiting the Anayama yoga retreat in Montezuma, Costa Rica.

This beats feverish Internet research, any day. From her piece:

Back just in time for the candlelit evening yoga session, we were greeted first with thick, fresh-made mango-and-coconut smoothies.

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Forbes Adds Three

forbes_logo_mainForbes has added staffers to its editorial, legal and sales departments. Details are below.

  • Antoine Gara is joining as a staff writer, focusing on Wall Street, markets, funds and investing. Gara most recently served as a M&A reporter for TheStreet.com. He begins November 10.
  • Jessica Bohrer has been named associate general counsel for the Forbes editorial department. Bohrer previously served as senior counsel at WNET New York Public Media.
  • Olivia Gelade is joining as luxury manager. She most recently served as executive director, sales and marketing for Condé Nast  Traveler‘s site. Gelade previously has worked with WWD, Vanity Fair, Seventeen and more. She will report to Jessica Sibley, VP of advertising sales for the Eastern region.

Morning Media Newsfeed: Atlantic Partners With NewsHour | DWA Earnings Beat Estimates

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The Atlantic Partners With PBS NewsHour (FishbowlNY)
The Atlantic is partnering with PBS’ NewsHour to produce broadcast adaptations of the magazine’s work. 10,000 Words In a statement, the two news organizations said: NewsHour and The Atlantic plan to broadcast reports on a wide range of topics over the next six months. The partnership combines the strengths and sensibilities of both brands: The Atlantic’s ideas-driven journalism on issues of import, and the editorial depth and broadcast expertise of PBS NewsHour. FishbowlDC The Atlantic’s partnership with NewsHour marks the magazine’s first ongoing broadcast venture. Politico / Dylan Byers on Media The first report, which aired Wednesday night, is based on the Atlantic’s November-issue cover story about the spread of teenage sexting and its societal and legal consequences. The Atlantic’s Hanna Rosin reported the NewsHour piece with anchor Judy Woodruff. Variety The stories will run online at PBS.org/NewsHour and TheAtlantic.com. Sara Just, a veteran of ABC News, joined PBS NewsHour as its executive producer earlier this year.

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Jeff Bercovici Leaving Forbes for Inc.

JeffBercoviciPicThe departure of Nicole Carter from Inc. to Apple has set in motion an interesting subsequent shift. To replace her as the magazine’s San Francisco bureau chief, Inc. has snagged Jeff Bercovici. A rep tells FishbowlNY he will start November 10.

Bercovici has worked as a senior editor at Forbes since 2013. Prior to that, he was a staff writer.

It’s been an interesting, long run for the journalist. He was a columnist with WWD‘s “Memo Pad” from 2004-2006, a staff writer with Radar magazine from 2006-2007, a founding media blogger with Condé Nast’s Portfolio from 2007-2009 and a media columnist at AOL Daily Finance from 2009-2010.

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Bill Gates is (Once Again) Forbes’ Richest Person in America

unnamedForbes has released its annual Richest Americans list, and for the 21st straight time, Bill Gates claims the number one spot with a net worth of $81 billion. Gates is followed by a bunch of other obscenely wealthy old white dudes (Warren Buffett, $67 billion; Larry Ellison, $50 billion; David and Charles Koch, $42 billion each).

There are some women on the Forbes 400 list — 47, to be exact. That’s down from 48 last year. The youngest woman on the list is Elizabeth Holmes (#110), founder of the medical technology company Theranos. The youngest male is Mark Zuckerberg (#11).

If you’re in the mood to applaud the .03 percent, check out the entire list.

NewsWhip Compiles Some Impressive Harvard Business Review Stats

Check out the following graph, one of many highlighted in a post today by NewsWhip. From September 1-24, the site sliced, diced and analyzed the social media metrics of seven leading business news sites.

NewsWhipeFacebookSharesPerStory

In terms of overall Facebook engagement, Business Insider is the winner. But as you can see above, when it comes to the social network’s rough equivalent to a per-capita metric, The Harvard Busines Review (HBR) is way ahead.

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Morning Media Newsfeed: Baquet Changes NYT Masthead | Comcast Responds to Merger Critics

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Big Changes to NYT Masthead (FishbowlNY)
Dean Baquet, the New York Times’ executive editor, has officially revamped the paper’s masthead. Gone is the “managing editor” title; it’s being replaced by four “deputy executive editors,” who “have already proven they can run stories that take on big institutions, who have covered a world of war and proven they can lead with humanity.” NYT They are Susan Chira, Janet Elder, Matthew Purdy and Ian Fisher. A fifth editor, Tom Bodkin, will be given the title of creative director, a position equal to the four deputy executive editors. Politico / Dylan Byers on Media Through these changes Baquet hopes to make the relationship between the Times’ digital and print sides more fluid. “I anticipate people moving on and off the masthead as our needs evolve,” he wrote in a memo to staff Wednesday, “and it is important that these moves not be seen as measures of who is up and who is down, but rather as appointments aimed at keeping our journalism and our entire operation as vibrant as possible.” Capital New York The appointments reflect a push for better coordination and cooperation between departments as the Times works on pushing out its journalism to digital readers more effectively. Other recent appointments along these lines include Arthur Gregg Sulzberger as senior editor for strategy, Alex MacCallum as assistant managing editor for audience development and Sam Dolnick as senior editor for mobile. HuffPost Wednesday’s masthead changes are the biggest since Baquet took the reins, but there have been several other moves internally in recent months. Baquet announced the addition of several deputy-level editors in the newsroom in July.

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Canned Forbes Contributor Stands By Column

In an email to iMediaEthics managing editor Sydney Smith, Bill Frezza admits that his quickly deleted Forbes blog post was not a good fit for the site and used a photo that was in poor taste.

BillFrezzaHeadline

But otherwise, he is not apologizing:

“I stand by every word I wrote and it appears that I have kicked off a national conversation on this [college drinking] subject, which was my goal. Most people have no idea what is going on on college campuses these days due to the ill-advised raising of the drinking age from 18 to 21, forcing so much of it to go underground… Unless and until we begin holding individuals accountable for their own behavior, and not institutions, my headline says it all.”

Frezza was quickly axed from the Forbes contributors roster; online reaction to his final column has been swift and, in some cases, questionable. For example, The Frisky headlined him a “Frat Douche.” (Frezza is president of The Beta Foundation, house corporation for MIT’s Chi Phi fraternity.)

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Dr. Dre Tops Forbes’ Highest Paid Hip-Hop Acts List

What does it say about hip-hop when its highest paid act hasn’t released an album since 1999? Whatever it is, Dr. Dre likely doesn’t care, because he’s too busy swimming in a giant pool of money.

Forbes has named Dre 2014′s highest paid hip-hop act because he raked in an astonishing $620 million. That was more than the combined earnings of every other act on Forbes’ list combined.

Two other legends of the game — Jay Z and Diddy — tied for second place, pulling in a measly $60 million each. Drake was next with $33 million, followed by purveyors of annoying rap Macklemore and Ryan Lewis, who earned $32 million. Kanye West was ranked number six with $30 million and yes, he’s mad about that.

You can see the complete list of Forbes’ highest paid hip-hop acts here.

[Image: s_bukley/Shutterstock.com]

Forbes Deal Finalized

forbes_logo_mainForbes Media officially has a lot less Forbes involved in it. In late July, a deal was struck with Hong Kong-based Asset Management (the number being thrown around was $475 million) and now it is done.

Asset Management now owns a majority of the company, officially pushing the Forbes family aside for the first time since the publisher was founded in 1917. The Forbes family still owns a minority stake that some are placing at around 20 percent.

For now, Forbes staffers can breathe easy, as no changes are planned. Until October 8, at least. The New York Post reports that’s when Forbes CEO Mike Perlis will hold a meeting with everyone to discuss what — if any — alterations are coming. Perlis is now in Hong Kong meeting with Forbes’ new owners.

Elevation Partners, which previously held about 44 percent stake in Forbes Media, has been bought out.

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