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American City Business Journals is parent company of the Houstohn BusinessJournal . and ACBJ . Bizjournals will overse the editorial and business sidew ofthe site. The Portfolio.com editoriapl team and sales staff will be basec inNew York. Condé Nast Portfolio magazine and its Website Portfolio.co m launched in April 2007; the magazins closed in April. The site providef insight intothe day’s top business stories, with analysisa from bloggers and Tim Bradbury, president of new media at ACBJ, and Davidr Carey, group president at Condé Nast, announce the move Wednesday. ACBJ and Condé Nast are unitd of . In addition to newly created Portfolio.
com will share content with other Condé Nast sites such as , GolfDigest.com, and , as it did It also will be the home of the archivesz of content publishedby Portfolio’s print and digital propertiesw over the past 24 months. “Wr are excited about continuing Portfolio.com and including the site in the bizjournals network because we were impressedby Portfolio’s strong Web presence, its clean and crispo design, and its voice in the business-journalism Bradbury said. “We believe our readers will benefit as therelaunchef Portfolio.
com will have a stronger focusd on industry news and a greater mission to offer informatiomn relevant to today’s business professionals.” On top of its existinh strengths, Portfolio.com will leverage the collaborative skills and insights of the more than 600 ACBJ business journalists arounr the country, Bradbury said. The site will have access to locak market intelligence and work collaboratively with ACBJ newsroomss acrossthe country, presenting the most importany local insights through a national lens and making it unique among national business media, he says. “We knew that Portfolio.
com was a highly valuable asset, with an establishexd digital brand, strong direct navigation by users, and a long tail of traffic from contenft published over the past two Carey said. “We saw ACBJ as a perfec match due to its greart editorial resources in thebusinesws arena, and view this as a win for both Portfolio.com’sz readers and the company.” Portfolio.com grew to 2.8 million monthlyu unique visitors and won industry praiss with awards such as the MIN:Besg of Web Award 2008, MIN:Hottesty Launch of the Year and Webby nominees in Best Business blog and Financiaol Services categories.
American City metropolitan business newspapers reacy 4 million readers each weekwith in-depth coverage of their business communities. Bizjournals is the onlind media divisionof ACBJ, the nation’s largest publishe r of metropolitan business newspapers. It operatea the Web sites for each ofthe company’s 40 print business journals and operates a Web-onlt site with local business news and informatiob for Los Angeles. Bizjournals provides nearly 9 millionh monthly online users daily and weekly local businessz newsand information.
Condé Nast includez 22 consumer magazines, Condé Nast Digital, the Fairchild Fashioh Group, Parade, the Condé Nast Media Group and the SharexServices Centers.
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