Tough Time for Financial Mags – Forbes.com CEO Steps Down
It’s been a tough few months for businesss journals. First Portfolio folded in April. Then this week it was reported that BusinessWeek was for sale – some even suggested that its price tag was $1 for anyone who wants to take on its annual losses. Fortune just announced a re-design in light of a 39% decrease in ad pages. And now the CEO of Forbes.com has stepped down.
This morning an Steve Forbes released the following:
Jim Spanfeller, President and CEO of Forbes.com, has decided to step down from leading our website after nine years. In the entrepreneurial spirit that Forbes has always championed, Jim will be setting up his own media management company.
One can only wonder who can weather the ad recession climate? Combined with the costs associated with the bloated editorial and production staffs of old-model publishing concerns, we now have the perfect storm that is wreaking havoc in this space.
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Glamour Goes Glitzy With 3 April Covers
Glamour went extra glam this month for their 50 Most Glam Women of 2010 issue. Leighton Meester, Amanda Seyfried, and Zoe Saldana each graced their own April cover, wearing a minidress more sparkly (and shorter) than the next.It’s hard to choose a favorite; each girl looks absolutely scintillating. Their hair is perfectly fan-blown and their eye makeup exquisitely smudged. (And their images most likely perfectly airbrushed, but that’s a post for another day.) Here’s a round-up of the three covers, each of which possessed a youthful energy that got us excited for Spring!
Time To Move To Canada! Newsweek Polska Warns United States Is Close To Collapse
America's reign as a world power is coming to an end, soon. This the latest from Newsweek, where Newsweek Poland correspondent Andrew Nagorski is warning that the collapse of the United States is imminent. "It's harder now to shrug off the America-in-decline theories than ever before," he notes, citing such rock-hard evidence as the fact that New York Times columnists are mopey, Greece is close to bankruptcy, and "There's even something in the air." Time to move to Canada!
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