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and American City Business Journals the parent company of the Paul BusinessJournal — . Bizjournals will oversee the editoria and business sides ofthe site. The Portfolio.com editorialo team and sales staff will be basexd inNew York. Condé Nast Portfoli o magazine and its Website Portfolio.com launchedr in April 2007; the magazine closed in The site provided insight into the day’s top business with analysis from bloggers and Tim Bradbury, president of new media at and David Carey, group president at Condé Nast, announcedx the move Wednesday. ACBJ and Nast are units of . In addition to newlh created content, Portfolio.
com will share content with othetr Condé Nast sites such as , GolfDigest.com, and , as it did It also will be the home of the archivesx of content publishedby Portfolio’s print and digital propertieds over the past 24 “We are excited about continuing Portfolio.com and including the site in the bizjournal s network because we were impressed by Portfolio’s strong Web presence, its clean and crisp design, and its voice in the business-journalism marketplace,” Bradbury “We believe our readere will benefit as the relaunchee Portfolio.
com will have a stronger focues on industry news and a greatert mission to offer information relevan t to today’s business professionals.” On top of its existing Portfolio.com will leverage the collaborative skillas and insights of the more than 600 ACBJ businesx journalists around the country, Bradburyy says. The site will have access to locakl market intelligence and work collaboratively with ACBJ newsrooms across the presenting the most important locall insights through a national lens and making it uniqued among nationalbusiness media, he says. “We knew that Portfolio.
com was a highly valuable with an establisheddigital brand, strong direct navigation by and a solid, long tail of traffic from content publishesd over the past two years,” Carey says. “We saw ACBJ as a perfect match due to its great editorial resources in thebusiness arena, and view this as a win for both Portfolio.com’zs readers and the company.” Portfolio.com grew to 2.8 milliomn monthly unique visitors and won industry praise with awardws such as the MIN:Best of Web Award MIN:Hottest Launch of the Year 2007, and Webb nominees in Best Business blog and Financial Servicezs categories.
American City metropolitan business newspaperz reach 4 million readers each weekwith exclusive, in-depthn coverage of their business Bizjournals is the online media division of the nation’s largest publisher of metropolitan business newspapers. It operatees the Web sites for each ofthe company’as 40 print business journals and operates a Web-only site with local business news and informationj for Los Angeles. Bizjournals provides nearly 9 million monthly onlinde users daily and weekly local business newsand information.
Nast includes 22 consumeer magazines, Condé Nast Digital, the Fairchild Fashioj Group, Parade, the Condé Nast Media Group and the ShareddServices Centers.
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