Forbes ( ) is an American business magazine. Published twice a week, it displays original articles on finance, industry, investment, and marketing topics. Forbes also reports related subjects such as technology, communications, science, politics, and law. Its headquarters are located in Jersey City, New Jersey. Major competitors in the category of national business magazines include Fortune and Bloomberg Businessweek . The magazine is famous for its list and ranking, including the richest Americans (Forbes 400), from the world's top companies (Forbes Global 2000), and The World's Billionaires. The motto of Forbes magazine is "The Capitalist Tool". The chairman and chief editor is Steve Forbes, and his CEO is Mike Federle. It was announced on July 18, 2014 that the majority of the shares in the issuer have been sold to a group of investors through their vehicle Integrated Whale Media Investments.
Video Forbes
Company history
BC Forbes, a financial columnist for Hearst's paper, and colleague Walter Drey, general manager of Magazine of Wall Street, founded the Forbes magazine on September 15, 1917. Forbes provided money and names and Drey provides publishing skills. The original name of the magazine is Forbes: Serving on Doers and Doings . Drey became vice president of B.C. Forbes Publishing Company, while B.C. Forbes became editor in chief, a post he held until his death in 1954. B.C. Forbes was assisted in his later years by his two eldest sons, Bruce Charles Forbes (1916-1964) and Malcolm Stevenson Forbes (1917-1990).
Bruce Forbes took over his father's death, and his strength lies in streamlining operations and developing marketing. During his tenure, 1954-1964, the magazine's circulation nearly doubled.
At the death of Malcolm, his eldest son Malcolm Stevenson "Steve" Forbes Jr. (b. 1947) became President and Chief Executive Officer of Forbes and Chief Editor of Forbes magazine. Between 1961 and 1999 the magazine was edited by James Michaels. In 1993, under Michaels, Sales headquarters and relocation to Jersey City
In January 2010, Sales to Integrated Whale Media (51% stake)
In November 2013, Forbes Media, which publishes the Forbes magazine, is set up for sale. This is driven by minority shareholder Elevation Partners. The sales document prepared by Deutsche Bank revealed that the issuer's EBITDA 2012 is US $ 15 million. Forbes is reportedly looking for a price of US $ 400 million. In July 2014, the Forbes family bought Elevation and then sold a 51% majority stake in the company to Integrated Whale Media Investments.
Maps Forbes
Other publications
Apart from Forbes and its lifestyle supplement, Forbes Life , other titles include Forbes Asia and fifteen local language editions. Steve Forbes and his magazine writers offer investment advice on the weekly Fox TV show Forbes on Fox and on Forbes on Radio . Other corporate groups include Forbes Conference Group, Forbes Investment Advisory Group and Forbes Custom Media. From the 2009 report Times : "Steve Forbes recently returned from opening a Forbes magazine in India, bringing the number of foreign editions to 10." In addition, that year the company began publishing ForbesWoman , a quarterly magazine published by Steve Forbes' daughter Moira Forbes, with a companion website.
The company previously published the magazine American Legacy as a joint venture, although it was separate from Forbes on May 14, 2007.
The company also previously published American Heritage and Discovery & amp; Technology magazine . After failing to find a buyer, Forbes stopped the publication of two magazines on May 17, 2007. Both magazines were purchased by American Heritage Publishing Company and continued publication in the spring of 2008.
Forbes has published Forbes Travel Guide since 2009.
On January 6, 2014, Forbes magazine announced that, in partnership with Maz's application creator, it launched a social networking app called "Streaming". Streaming allows Forbes readers to store and share visual content with other readers and find content from Forbes.com and Forbes.com magazine's
Forbes.com
Forbes.com is part of Forbes Digital, a division of Forbes Media LLC. Forbes ownership covers part of RealClearPolitics. Together these sites reach over 27 million unique visitors each month. Forbes.com used the slogan "Home Page for World Business Leaders" and claimed, in 2006, became the most visited business website in the world. The 2009 Report Times says that, while "one of the top five financial sites by traffic [throws] from about $ 70 million to $ 80 million per year in revenue, it never produces hope. - for public offerings ".
Forbes.com uses a "contributor model" where a broad network of "contributors" writes and publishes articles directly on websites. Contributors are paid on the basis of traffic to their Forbes.com page; the site has received contributions from over 2,500 individuals, and some contributors have earned over US $ 100,000, according to the company. Forbes currently allows advertisers to publish blog posts on their websites alongside regular editorial content through a program called BrandVoice, which accounts for more than 10 percent of its digital revenue. Forbes.com also publishes subscription investment bulletins, and an online guide to the website, Best of the Web .
David Churbuck founded the
Currently, the website also blocks Internet users using ad blocking software (such as Adblock Plus) from accessing articles, demanding that the website be whitelisted in ad blocking software before access is granted. Forbes believes that this is done because customers who use ad blocking software do not contribute to site revenue. Malware attacks have been recorded from the Forbes site.
See also
- Forbes 500
- Forbes 30 Below 30
References
Further reading
- Forbes, Malcolm S. (1974) Facts and Comments Knopf, New York, ISBN 0-394-49187-4; twenty-five years old from the editorial column of Forbes
- Grunwald, Edgar A. (1988) Business Press Editor University of New York Press, New York, ISBN 0-8147-3016-7
- Holliday, Karen Kahler (1987) Content Analysis from Business Week Forbes and Fortune from 1966 to 1986 > Masters of Journalism thesis from Louisiana State University, Baton Rouge, 69 pages, OCLCÃ, 18772376, available on microfilm
- Kohlmeier, Louis M.; Udell, Jon G. and Anderson, Laird B. (eds.) (1981) Prentice-Hall Reporting Business and Economy Prentice-Hall, Englewood Cliffs, New Jersey, ISBN 0-13-773879-X
- Kurtz, Howard (2000) The Fortune Tellers: Money, Media and Manipulation Game Inside Wall Street Free Press, New York, ISBNÃ, 0-684-86879-2
- Pinkerson, Stewart (2011). The Fall of Forbes House: The Inside Story of the Media Empire Collapse . New York City: St. Martin's Press. ISBNÃ, 0312658591 Ã,
- Tebbel, John William and Zuckerman, Mary Ellen (1991) The Magazine in America, 1741-1990 Oxford University Press, New York, ISBNÃ, 0-19-505127-0
- Parsons, D. W. (1989) The Power of Financial Press: Journalism and Economic Opinion in the UK and America Rutgers University Press, New Jersey, ISBNÃ, 0-8135-1497-5
External links
- Official website
Source of the article : Wikipedia
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