Forbes.com’s Revenues To Exceed Print Edition By End 2006: “: Wow…this nugget was buried deep within this otherwise good story on how B2B publishers are impacted by blogs: Jim Spanfeller, president-CEO of Forbes.com, responding to an audience question about when Forbes.com will surpass the print edition in terms of revenue, said, ‘probably in about 18 to 20 months.’ Forbes.com is run as a separate company within Forbes Inc.
In the rest of the story:
— ‘We have probably between 15% and 20% of revenue online,’ said Bob Biolchini, president-CEO of PennWell Corp.’
— Digital media already represent 15% of Reed Business Information’s revenue, CEO Jim Casella said, adding, ‘It could get close to 20% of our business this year.’ He said online was growing 35% to 40% for the company, with ‘clearly superior margins.'”