This Kid Has a Big Heart and a Bright Future
Something to Chew On (1905 and 1911)

Asian Investors Buy Majority Stake in Forbes Magazine

According to a San Francisco Chronicle business story July 19, Integrated Whale Media Investments of Singapore and Hong Kong has paid $475 million for a majority share of Forbes Media stock.

Steve Forbes, staying on as chairman and editor in chief, is quoted as saying: "The buyers are entrepreneurs and they understand entrepreneurial capitalism, and they have a vested self-interest in not messing with the editorial."

How refreshing to hear those words. But we wonder how long that will last. So many times we have heard corporate takeover artists promise they would not interfere with editorial or creative, only to find out soon after that they were lying. And inevitably when that happens, product quality, job security, and staff morale go downhill. Just ask anyone who has lived through a merger or acquisition.

JOHN MAYBURY, EDITOR AND PUBLISHER

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)