Goodbye, Washington CEO
Posted Nov. 12, 2008 at 3:26 pm by Laura Onstot
Business and trade journals are kind of the corporate law of journalism. You go to some fancy-pants J-School planning to leave and win a Pulitzer for exposing the tragic underpinnings of American homelessness or some such thing—the journalistic equivalent of "environmental law". And then you graduate with mountains of debt and those biz glossies, where writers wear suits and take home a salary big enough to afford their new wardrobe (at least, that's what I hear), start to look a lot more appealing.
But like everything in the business world, the magazines that cover it are also struggling. Today, Washington CEO announced that it's selling to Minneapolis-based Tiger Oak, publisher of Seattle Bride, Seattle Magazine and Seattle Business, among other regional titles. Washington CEO will be folded into Seattle Business.
Here's the statement from Dave Sabey, Chairman of the investment firm Sabey Corp. and former publisher of Washington CEO on the sale. "We made the decision in these challenging economic times that the best way to preserve a voice was by merging CEO into Seattle Business."
Comments
Sabey, is the same a-hole who ran Frederick & Nelson's into the ground?
Posted Nov. 12, 2008 at 8:50 pm by Rank StrangerWhat will happen to the Washington Best Places to Work process and event?
Posted Nov. 26, 2008 at 1:00 pm by Theresa Chambers