That was speedy: following reports yesterday of impending BusinessWeek layoffs, cuts are apparently already underway. Keith Kelly hears that 20 employees are being cut and 10 others reassigned to Bloomberg News. The hardest-hit departments are apparently editorial, photo and art.
Talking Biz News has further details:
Among those cut Read More
BusinessWeek, the flailing magazine reborn after being purchased by Bloomberg last year, is about to be re-reborn. There’s a big redesign in the works, and, oh yes, a bunch of layoffs. Keith Kelly of the Post reports that it’s in for “a sweeping restructuring that will see many of Read More
Having scored his new magazine a sit-down with President Obama after only a couple of months on the job, new BusinessWeek editor—and Observer insurgent—Josh Tyrangiel went along with his reporters to the White House.
“Being in the Oval Office is one of the most surreal experiences of your life,” Mr. Tyrangiel said this Read More
The White House didn’t like the headline BusinessWeek slapped on its big interview with President Obama—the first sit-down with the president since Bloomberg took over the company.
“Obama Doesn’t ‘Begrudge’ Bonuses for Blankfein, Dimon” read the head, which, according to the Deputy Communications Director Jen Psaki, “inaccurately made it sound like the President Read More
BusinessWeek editor (and Observer Insurgent) Josh Tyrangiel has begun assembling a new team at the revamped magazine.
He announced a number of new hires late yesterday–among them Hugo Lindgren, currently the editorial director at New York, who will be signing on as exceutive editor on March 8th.
Tyrangiel’s complete announcement, from Read More
The first issue of Bloomberg BusinessWeek landed in news stands today. What is it like?
First, the logo: “Bloomberg” is tucked discreetly between the the “B” and “i” in “Business.”
The front of the book runs about 30 pages, and offers short write-ups on the Fed, GM, and “What Lurks on the Books of Banks.” Read More
Grand magazine launches may be a thing of the past, but at least we have the rebirth of BusinessWeek to watch. Media Decoder has a memo from chief content officer Norm Pearlstine (and integration leader Chris Walters) that outlines upcoming developments in Bloomberg BusinessWeek‘s staff.
He writes that Bloomberg “expects to retain a Read More
BusinessWeek editor Stephen Adler will be leaving when Bloomberg LP takes ownership of the magazine in December. He informed his staff in a memo last night, and now it’s open season for speculation as to who should take over.
MarketWatch’s Jon Friedman mentions Joanne Lipman as one of the Read More
Bloomberg LP, the leading contender to buy BusinessWeek, has bought BusinessWeek.
Unfortunately for the magazine (which The Times says will be renamed Bloomberg BusinessWeek), this probably means it will no longer be a hot topic of media conversation. Ever since BusinessWeek went up for sale, everyone–Daily Transom Read More
Late in the game, New York Daily News owner Mort Zuckerman is joining the fray of BusinessWeek bidders.
Bloomberg L.P. has looked like the leading candidate to buy the magazine–but let’s not get ahead of ourselves, Mr. Zuckerman told the Post.
“Bloomberg seems to me the most natural buyer,” he said. Read More