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Sep 10, 2009

Bloomberg enters a bid for BusinessWeek

With the deadline for bids for BusinessWeek just under a week away, The New York Post reports that Bloomberg L.P. has entered the bidding.

BusinessWeek's Jon Fine reports on Bloomberg entering the fray.

As Fine reports, "Bloomberg’s move comes in the very endgame of the process, with final bids for BusinessWeek coming due Tuesday, Sept. 15. "

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Apr 28, 2009

Circulation decline speeding up

Figures released by the Audit Bureau of Circulations show that newspaper circulation for the six months ending March 31 fell 7.1 percent, according to The New York Times.
That's an increase from the 4.3 percent and 3.6 percent drops over the previous two six-month periods.
Of the top 25 newspapers in the United States, all posted declines in circulation except for The Wall Street Journal, which eked out a 0.6 percent gain, according to figures released by the Audit Bureau of Circulations. For the others, the declines ranged from 20.6 percent for The New York Post, to a slight 0.4 percent drop for The Chicago Sun-Times.
The Audit Bureau also showed, however, that the number of unique visitors to newspaper websites is still increasing.
The sites combined to draw 73 million unique visitors per month in the first quarter of 2009, a year-over-year increase of 10.5 percent.
Click here to read more.

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Dec 17, 2007

Beyond the big guns

The New York Post highlights business-themed magazines that are sometimes overshadowed by big players like Fortune, BusinessWeek and Condé Nast Portfolio.
Here's a sampling from their report:
  • Black Enterprise: The magazine, which focuses on the rich and soon-to-be-rich, has almost 1 million readers and is one of publishing's great success stories, according to the report. It recently got a makeover and includes stories on politics, business and news. For example, the magazine covered the $11.6 million award to Anucha Browne Sanders, who won a sexual harassment settlement from Knicks Coach Isiah Thomas.
  • Dealmaker:The New York Post says Dealmaker is a magazine for investment bankers who want to read about great they are and how much society loves them. The magazine recently featured Tom Perkins, 75, who still buys $500,000 cars and yachts.
To read the full report click here.

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