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CHIEF PRODUCT OFFICER Lewis D’Vorkin FORBES MAGAZINE EDITOR Randall Lane EXECUTIVE EDITOR Michael Noer ART & DESIGN DIRECTOR Robert Mansfield FORBES DIGITAL VP, INVESTING EDITOR Matt Schifrin MANAGING EDITORS Dan Bigman – Business, Bruce Upbin – Technology SENIOR VP, PRODUCT DEVELOPMENT AND VIDEO Andrea Spiegel EXECUTIVE DIRECTOR, DIGITAL PROGRAMMING STRATEGY Coates Bateman ASSISTANT MANAGING EDITORS Kerry A. Dolan, Luisa Kroll – Wealth Frederick E. Allen – LEADERSHIP Loren Feldman –ENTREPRENEURS Tim W. Ferguson FORBES ASIA Janet Novack WASHINGTON Michael K. Ozanian SPORTSMONEY Mark Decker, John Dobosz, Deborah Markson-Katz DEPARTMENT HEADS Avik Roy OPINIONS Jessica Bohrer EDITORIAL COUNSEL BUSINESS Mark Howard CHIEF REVENUE OFFICER Tom Davis CHIEF MARKETING OFFICER Charles Yardley PUBLISHER & MANAGING DIRECTOR FORBES EUROPE Nina La France SENIOR VP, CONSUMER MARKETING & BUSINESS DEVELOPMENT Fred Poust SENIOR VP, CONFERENCES & BUSINESS DEVELOPMENT Michael Dugan CHIEF TECHNOLOGY OFFICER Elaine Fry SENIOR VP, M&D, CONTINUUM FORBES MEDIA Michael S. Perlis PRESIDENT & CEO Michael Federle CHIEF OPERATING OFFICER Tom Callahan CHIEF FINANCIAL OFFICER Will Adamopoulos CEO/ASIA FORBES MEDIA PRESIDENT & PUBLISHER FORBES ASIA Rich Karlgaard PUBLISHER Moira Forbes PRESIDENT, FORBESWOMAN MariaRosa Cartolano GENERAL COUNSEL Margy Loftus SENIOR VP, HUMAN RESOURCES Mia Carbonell SENIOR VP, CORPORATE COMMUNICATIONS FOUNDED IN 1917 B.C. Forbes, Editor-in-Chief (1917-54) Malcolm S. Forbes, Editor-in-Chief (1954-90) James W. Michaels, Editor (1961-99) William Baldwin, Editor (1999-2010) FORBES IN BRIEF EDITOR-IN-CHIEF Steve Forbes FORBES (ISSN 0015 6914) is published semi-monthly, except monthly in January, February, April, July, August and October, by Forbes Media LLC, 499 Washington Blvd., Jersey City, NJ 07310. Periodicals postage paid at Jersey City, NJ 07302 and at additional mailing offices. Canadian Agreement No. 40036469. Return undeliverable Canadian addresses to APC Postal Logistics, LLC, 140 E. Union Ave., East Rutherford, NJ 07073. Canada GST# 12576 9513 RT. POSTMASTER: Send address changes to Forbes Subscriber Service, P.O. Box 5471, Harlan, IA 51593-0971. CONTACT INFORMATION For Subscriptions: visit www.forbesmagazine.com; write Forbes Subscriber Service, P.O. Box 5471, Harlan, IA 51593-0971; or call 1-515-284-0693. Prices: U.S.A., one year $59.95. Canada, one year C$89.95 (includes GST). We may make a portion of our mailing list available to reputable firms. If you prefer that we not include your name, please write Forbes Subscriber Service. For Back Issues: visit www.forbesmagazine.com; e-mail [email protected]; or call 1-212-367-4141. For Article Reprints or Permission to use Forbes content including text, photos, illustrations, logos, and video: visit www.forbesreprints.com; call PARS International at 1-212-221-9595; e-mail http://www.forbes.com/reprints; or e-mail [email protected]. Permission to copy or republish articles can also be obtained through the Copyright Clearance Center at www.copyright.com. Use of Forbes content without the express permission of Forbes or the copyright owner is expressly prohibited. Copyright © 2015 Forbes Media LLC. All rights reserved. Title is protected through a trademark registered with the U.S. Patent & Trademark Office. Printed in the U.S.A. MARCH 23, 2015 — VOLUME 195 NUMBER 4 Will It Be In Print? BY LEWIS D’VORKIN This is my second time around at FORBES. I left in 2000, four years after I began, to work for AOL and join the early ranks of digital journalists. With 26 million subscribers it was the place to be. Eight years later I founded a news startup that FORBES invested in and then bought. I came back as chief product of- ficer, largely to help reinvent Forbes.com. Imagine my surprise, only days into the job, when Tim Forbes asked me to redesign this magazine. I remember that moment every time I get the question “Will it be in print?” It’s what all staff writers want to know. Most of our digital contributors do, too. Reporters hear the question when they’re interviewing business leaders or whomever. Many people try to make it a quid pro quo for talking to us. Job applicants, even digital natives, also ask. The rich and famous, includ- ing those on this year’s billionaires list, are no different. Nearly every- one who engages with FORBES wants to know if they’ll be in print. Maybe it’s be- cause they know our magazine’s reader- ship is higher than ever. Maybe the Web is too ephemeral to offer the validation conveyed by the printed word. Maybe photos, so prevalent on social networks, are more powerful on paper. These are challenging times for newspapers and maga- zines. The data tell me the news business has an advertiser problem more than a readership problem. That can change if marketers are offered innovative and appealing opportu- nities. Last issue we highlighted a BrandVoice story on the cover, breaking one of the industry’s “last taboos.” Since then we’ve received dozens of inquiries from ad agencies about similar native ad placements. There may be something more basic to the universal need to be in print. When I respond to the question by asking, “Why does it matter?” here’s what I often hear: “So I can show it to my mother.” F 18 | FORBES MARCH 23, 2015 MILLIONS OF PRINT MAGAZINE READERS AS MEASURED BY MRI FALL 2012 SPRING 2013 FALL 2013 SPRING 2014 FALL 2014 0 1 2 3 4 5 6 7 FORBES FORTUNE WSJ THE ECONOMIST BLOOMBERG BUSINESSWEEK WIRED THE ATLANTIC FORBES BUCKS THE TREND

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Page 1: EDITOR-In-CHIEF Steve Forbes Will It Be In Print? Print 032315.pdf · ficer, largely to help reinvent Forbes.com. Imagine my surprise, only days into the job, when Tim Forbes asked

CHIEF PRODUCT OFFICERLewis D’Vorkin

FORbEs MagazInE

EDITORRandall Lane

ExECUTIvE EDITORMichael Noer

aRT & DEsIgn DIRECTORRobert Mansfield

FORbEs DIgITal

vP, InvEsTIng EDITORMatt Schifrin

ManagIng EDITORsDan Bigman – Business, Bruce Upbin – Technology

sEnIOR vP, PRODUCT DEvElOPMEnT anD vIDEOAndrea Spiegel

ExECUTIvE DIRECTOR, DIgITal PROgRaMMIng sTRaTEgyCoates Bateman

assIsTanT ManagIng EDITORsKerry A. Dolan, Luisa Kroll – Wealth

Frederick E. Allen – lEaDERsHIPLoren Feldman –EnTREPREnEURs

Tim W. Ferguson FORbEs asIaJanet Novack WasHIngTOn

Michael K. Ozanian sPORTsMOnEyMark Decker, John Dobosz, Deborah Markson-Katz DEPaRTMEnT HEaDs

Avik Roy OPInIOnsJessica Bohrer EDITORIal COUnsEl

bUsInEssMark Howard CHIEF REvEnUE OFFICER Tom Davis CHIEF MaRkETIng OFFICER

Charles Yardley PUblIsHER & ManagIng DIRECTOR FORbEs EUROPENina La France sEnIOR vP, COnsUMER MaRkETIng & bUsInEss DEvElOPMEnT

Fred Poust sEnIOR vP, COnFEREnCEs & bUsInEss DEvElOPMEnT Michael Dugan CHIEF TECHnOlOgy OFFICER

Elaine Fry sEnIOR vP, M&D, COnTInUUM

FORbEs MEDIaMichael S. Perlis PREsIDEnT & CEO

Michael Federle CHIEF OPERaTIng OFFICERTom Callahan CHIEF FInanCIal OFFICER

Will Adamopoulos CEO/asIa FORbEs MEDIaPREsIDEnT & PUblIsHER FORbEs asIa

Rich Karlgaard PUblIsHERMoira Forbes PREsIDEnT, FORbEsWOManMariaRosa Cartolano gEnERal COUnsEl

Margy Loftus sEnIOR vP, HUMan REsOURCEs Mia Carbonell sEnIOR vP, CORPORaTE COMMUnICaTIOns

FOUnDED In 1917B.C. Forbes, Editor-in-Chief (1917-54)

Malcolm S. Forbes, Editor-in-Chief (1954-90)James W. Michaels, Editor (1961-99)William Baldwin, Editor (1999-2010)

FORBES

IN BRIEFEDITOR-In-CHIEFSteve Forbes

FORbEs (ISSN 0015 6914) is published semi-monthly, except monthly in January, February, April, July, August and October, by Forbes Media LLC, 499 Washington Blvd., Jersey City, NJ 07310. Periodicals postage paid at Jersey City, NJ 07302 and at additional mailing offices. Canadian Agreement No. 40036469. Return undeliverable Canadian addresses to APC Postal Logistics, LLC, 140 E. Union Ave., East Rutherford, NJ 07073. Canada GST# 12576 9513 RT. POSTMASTER: Send address changes to Forbes Subscriber Service, P.O. Box 5471, Harlan, IA 51593-0971.

COnTaCT InFORMaTIOnFor subscriptions: visit www.forbesmagazine.com; write Forbes Subscriber Service, P.O. Box 5471, Harlan, IA 51593-0971; or call 1-515-284-0693. Prices: U.S.A., one year $59.95. Canada, one year C$89.95 (includes GST). We may make a portion of our mailing list available to reputable firms. If you prefer that we not include your name, please write Forbes Subscriber Service. For back Issues: visit www.forbesmagazine.com; e-mail [email protected]; or call 1-212-367-4141.For article Reprints or Permission to use Forbes content including text, photos, illustrations, logos, and video: visit www.forbesreprints.com; call PARS International at 1-212-221-9595; e-mail http://www.forbes.com/reprints; or e-mail [email protected]. Permission to copy or republish articles can also be obtained through the Copyright Clearance Center at www.copyright.com. Use of Forbes content without the express permission of Forbes or the copyright owner is expressly prohibited. Copyright © 2015 Forbes Media LLC. All rights reserved. Title is protected through a trademark registered with the U.S. Patent & Trademark Office. Printed in the U.S.A.

MARCH 23, 2015 — voluME 195 NuMBER 4

Will It BeIn Print?

by lEWIs D’vORkIn

This is my second time around at FORBES. I left in 2000, four years after I began, to work for AOL and join the early ranks of digital journalists. With 26 million subscribers it was the place to be. Eight years later I founded a news startup that FORBES invested in and then bought. I came back as chief product of-ficer, largely to help reinvent Forbes.com. Imagine my surprise, only days into the job, when Tim Forbes asked me to redesign this magazine. I remember that moment every time I get the question “Will it be in print?”

It’s what all staff writers want to know. Most of our digital contributors do, too. Reporters hear the question when they’re interviewing business leaders or whomever. Many people try to make it a quid pro quo for talking to us. Job applicants, even digital natives, also ask. The rich and famous, includ-ing those on this year’s billionaires list, are no different. Nearly every-one who engages with FORBES wants to know if they’ll be in print.

Maybe it’s be-cause they know our magazine’s reader-ship is higher than ever. Maybe the Web is too ephemeral to offer the validation conveyed by the printed word. Maybe photos, so prevalent on social networks, are more powerful on paper.

These are challenging times for newspapers and maga-zines. The data tell me the news business has an advertiser problem more than a readership problem. That can change if marketers are offered innovative and appealing opportu-nities. Last issue we highlighted a BrandVoice story on the cover, breaking one of the industry’s “last taboos.” Since then we’ve received dozens of inquiries from ad agencies about similar native ad placements.

There may be something more basic to the universal need to be in print. When I respond to the question by asking, “Why does it matter?” here’s what I often hear: “So I can show it to my mother.” F

18 | FORBES MARCH 23, 2015

MILLIONS OF PRINT MAGAZINE READERSAS MEASURED BY MRI

FALL 2012 SPRING 2013 FALL 2013 SPRING 2014 FALL 20140

1

2

3

4

5

6

7FORBES

FORTUNE

WSJTHE ECONOMIST

BLOOMBERG BUSINESSWEEK

WIRED

THE ATLANTIC

FORBES BUCKS THE TREND