I’ve been a BusinessWeek reader for longer than I can recall and have ranked it as one of the Top Three publications that I always read. I was a bit sad when several years ago they stopped printing the European edition. So I now read it ‘for free’ online. Indeed, ‘that was the rub’. Last week BusinessWeek was in the news itself when it was bought by Bloomberg for a pretty miniscule sum – rumoured to be <$5m. See Businesweek article - Bloomberg wins bidding war for Businessweek. Businessweek was started 80 years ago just before the Great Depression. The latest ‘Great Depression’ hit it really hard and losses of $40m were recorded last year on revenues of $130m. Hence McGraw-Hill’s decision to stem the haemorrhage. Bloomberg is as good a home as you are likely to get. The combined readership will now exceed 20m unique visitors per month with over 100m page views.
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