title | Forbes |
---|---|
image file | Forbes building in NYC.jpg |
editor | Steve Forbes |
editor title | Editor-in-chief |
publisher | Forbes publishing |
firstdate | 1917 |
country | United States |
based | New York City |
language | English |
website | forbes.com |
issn | }} |
Bruce Forbes took over on his father's death, and his strengths lay in streamlining operations and developing marketing. During his tenure, 1954–1964, the magazine's circulation nearly doubled.
On Malcolm's death, his eldest son Malcolm Stevenson "Steve" Forbes Jr. (1947–) became President and Chief Executive of Forbes and Editor-in-Chief of Forbes magazine. Between 1961 and 1999 the magazine was edited by James Michaels. In 1993, under Michaels, Forbes was a finalist for the National Magazine Award. In 2006, an investment group Elevation Partners that includes rock star Bono bought a minority interest in the company. A 2009 New York Times report said: "40 percent of the enterprise was sold ... for a reported $300 million, setting the value of the enterprise at $750 million. According to Mark M. Edmiston of AdMedia Partners, 'It’s probably not worth half of that now.'"
The company formerly published American Legacy magazine as a joint venture, although that magazine separated from Forbes as of May 14, 2007.
The company also formerly published American Heritage and Invention & Technology magazines. After failing to find a buyer, Forbes suspended publication of these two magazines as of May 17, 2007. Both magazines have since been purchased by the American Heritage Publishing Company, and have resumed publication as of Spring 2008.
Forbes.com employs the slogan "Home Page For The World's Business Leaders" and sometimes claims to be the world's most widely visited business web site.
The company's current chief executive officer is Mike Perlis; the current chief product officer is Lewis D'vorkin; the current editor of the magazine is Randall Lane.
Forbes.com now employs a new slogan – "Information for the World's Business Leaders". According to Forbes.com, the Web site is among the most trusted resources for senior business executives, providing them the real-time reporting, uncompromising commentary, concise analysis, relevant tools and community they need to succeed at work, profit from investing and have fun with the rewards of winning.
Forbes.com also publishes subscription investment newsletters, and an online guide to web sites, Best Of The Web.
Forbes.com is part of Forbes’ Digital, a division of Forbes Media LLC. Forbes.com and affiliated properties include:
Together these sites reach more than 27 million unique visitors each month.
The 2009 Times report said that, while "one of the top five financial sites by traffic [throwing] off an estimated $70 million to $80 million a year in revenue, [it] never yielded the hoped-for public offering."
Companies:
People:
Money & Investing
Places
Sports
Technology
Education
Entertainment
Food and Drink
Health
Real Estate
Style
Travel
Vehicles
Category:American business magazines Category:Publications established in 1917 Category:1917 establishments in the United States
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