Forbes.com, Magazine United at Last by Layoffs

We hear Forbes, the fussily conservative business magazine, is laying off Web and print staff today, and merging the surviving editors and writers into a single newsroom. It only took them a decade. More »

Forbes memo confirms print, Web staff merging

Ending a longstanding internal split that dates back to the days of the first dotcom boom, Forbes Media is merging the staff which puts out the conservative-leaning business magazine and its online component, which run separately and with a ludicrous amount of mutual suspicion and jealousy. (Valleywag had gotten wind of these plans last month.) An internal memo sent by CEO Steve Forbes to staff says that print and online sales and marketing will be immediately integrated, reporting up to an "office of the chairman" which includes Forbes.com publisher Jim Spanfeller, whom rumors had previously pegged as the head of the combined operation. Integration of the Web and print editorial staff won't happen until early 2009. Translation: No one in the newsroom will know what's happening to their job until next year. Here's the memo: More »

Forbes, Cox pay blogs to run anti-gay-marriage ads

Forbes.com, the online arm of the right-wing business magazine, is offering to pay blogs to run a political ad supporting a ban on gay marriage. The price: $2.85 per thousand pageviews. The ad advocates the passage of Proposition 8, a California ballot initiative. The blogs in question are part of Forbes's Business and Financial Blog Network, an online-ad network which places ads sold by Forbes salespeople on independent sites. The network itself is run by Adify, an ad-technology company now owned by Cox, the media-and-cable-TV conglomerate. The ad won't run automatically, according to an email from Sharon Gitelle, who's listed on Forbes.com as a "membership" contact; bloggers must specifically choose it. Politics aside, a $2.85 CPM, or cost per thousand pageviews, is nothing to sneeze at in these tough economic times. Reached on the phone, Gitelle said, "I'm not talking to Valleywag." So we know this much: She's no dummy! Here's the email she sent: More »

Two promoted at Forbes

Something is stirring at Forbes Media, the publisher of Forbes magazine and Forbes.com, two similarly named but otherwise uncooperative publications. Bill Baldwin, the paper tiger who runs print editorial, has issued a memo to his staff announcing two promotions. The Dickensianly named Stewart Pinkerton "will continue to spend a lot of his time overseeing the contributions of print writers to Forbes.com and vice versa." The other guy, Tom Post, will remain another faceless middle-management drone, but we're inclined to like the guy, since he went to the University of Chicago. More »