Thursday, May 21, 2009
AOL Lands Another Media Refugee: Portfolio.com’s Bercovici to DailyFinance
I don’t usually write about writers landing jobs, but I did want to point out that Jeff Bercovici, last seen writing the Mixed Media blog for Portfolio.com, has landed at DailyFinance, a site run by Time Warner’s AOL. Why do I care? Because it’s yet another sign that AOL is continuing to hire experienced writers and reporters to bulk up its sites as other publishers are slimming down or shutting down. And because it’s a nice change of pace from layoff stories.



Never say never: Condé Nast, which is closing down its Portfolio business magazine, has decided not to turn off the lights at Portfolio.com. Instead, it is shifting control of the Web site–essentially, the Portfolio.com address and a couple years of archived content–over to American City Business Journals, its corporate cousin in the Advance Publications family.
Condé Nast is shuttering its troubled Portfolio title and accompanying Web site. The publisher informed its staff of the decision at a meeting this morning. “The company is deeply grateful to Portfolio’s readers and for the broad support of marketers and executives all around the country,” says publisher David Carey.
U.S. News & World Report, which used to be a weekly news magazine, then a biweekly one and is now a monthly publication, is going to try producing a weekly magazine once again. Online. And it wants you to pay up to read it. I appreciate the effort, but I don’t see how this one pans out.


