Bloomberg mag to expand in print and online

An expansion is in the works for Bloomberg magazine's print and online efforts, according to reports from the Financial Times.
The story says that the move comes after several recent key hires, including the new publisher of Bloomberg Markets magazine, Michael Dukmejian, who spent 26 years at Time Inc. Norm Pearlstine, the former Time Inc editor in chief, and Andy Lack, the former NBC News president, were also hired to help expand the reach of the company's editorial output beyond the traditional Bloomberg terminal.
From the story: “I think the magazine and the company are in a unique position today to do the kind of business journalism today that a lot of companies with strained resources aren’t doing,” Mr Dukmejian told the FT.

Time Warner hires media analyst

Time Warner hired Douglas Shapiro, a former stock picker for Banc of America Securities, to become the company's head investor, according to a New York Times report.
Shapiro will work under Jeffery L. Bewkes, who within the next few weeks will replace Richard D. Parsons as Time Warner's chief executive.
The report states that "Major changes are likely under Mr. Bewkes that could result in a breakup of the media giant, whose assets include the Warner Brothers movie studio, CNN, Time Inc. and AOL."
To read the story click here.