Friday, October 30, 2009
BusinessWeek’s Future Is Cloudy, but Better Than It Could Have Been: The Grim Non-Bloomberg Scenario
BusinessWeek employees are waiting to hear if they’ll have jobs once Bloomberg takes over the publication, and I’m told that staffers expect to hear their fate shortly after Thanksgiving. That has to be unnerving, but I can at least offer a little bit of comfort in the worst-case scenario employees would be facing had they been purchased by private equity firm ZelnickMedia. The short version: Almost everybody gets fired.
Many of you are just hearing Josh Marshall’s name for the first time, following the New York Times’s admission that columnist Maureen Dowd “failed to attribute” some of her column to him. But that’s a shame because Marshall’s site is noteworthy on its own merits: It’s a self-funded, profitable new-media site that does both blogging/aggregation and real reporting. 
