Comments on: Portfolio Magazine Gets Liquidated. There Goes $100 million.

By: Manoj Khatri

Manoj Khatri — Mon, 10 Aug 2009 04:20:48 +0000

We recognised that a strong online presence is necessary for new magazines to survive. That is why we launched our website http://completewellbeing.com alongside the launch of our magazine Complete Wellbeing. Besides, we also took care to have an offering that is unique from what is easily and freely available on the web and in other print formats.

The demise of Portfolio only goes to show that merely big money and big publishers can’t ensure success.

By: Condé Nast Sheds Men.Style.com, Hires Consultants For More Cost-Cutting

Condé Nast Sheds Men.Style.com, Hires Consultants For More Cost-Cutting — Tue, 21 Jul 2009 10:54:25 +0000

[...] three months after shedding glossy biz magazine Portfolio, publisher Condé Nast has hired external consultants from McKinsey [...]

By: 98point2 — Online digital Business magazines

98point2 — Online digital Business magazines — Wed, 24 Jun 2009 16:03:19 +0000

[...] revenues fall by more than 20% (Q1 09), resulting in many print titles being forced to close down (portfolio, Cosmo girl, Country home) or go online only (PC magazine). Despite the doom and gloom, there has [...]

By: Won’t somebody please think of the TARP wives | dv8-designs

Won’t somebody please think of the TARP wives | dv8-designs — Mon, 22 Jun 2009 19:43:27 +0000

[...] And TARP Wives? A. And TARP Wives From the soon to be defunct Portfolio magazine, another look into the heartbreaking struggles of the subaltern. (somewhat [...]

By: Won’t somebody please think of the TARP wives | Design Website Easy

Won’t somebody please think of the TARP wives | Design Website Easy — Mon, 22 Jun 2009 19:18:42 +0000

[...] And TARP Wives? A. And TARP Wives From the soon to be defunct Portfolio magazine, another look into the heartbreaking struggles of the subaltern. (somewhat [...]

By: K Pawleyk

K Pawleyk — Tue, 05 May 2009 16:19:12 +0000

I also enjoyed the longer in depth articles and the glossy timeless nature of the photography. I have the net for fast and uncluttered information gathering. Reading portfolio was like taking a mini vacation. It provided thought provoking relaxation and in depth and interesting stories. The business of the Mexican drug wars and their connection to American gun trade, that poor guy who was tasked with cleaning up the finances of a fundamentalist Mormon community, etc…. These are why I read portfolio. And seriously guys, they really did tear palin apart. Should have read the story…

By: Magazines Giving Up; Tabloids To Come? | The Entroporium

Magazines Giving Up; Tabloids To Come? | The Entroporium — Wed, 29 Apr 2009 16:22:42 +0000

[...] quietly packing off Domino and a few other select titles and, more dramatically, this week closed Portfolio, for which the company had reportedly spent over $100mm to launch. (Portfolio was a poorly-timed entry – a wel-written glamour magazine about business caught up [...]

By: Waldo

Waldo — Tue, 28 Apr 2009 15:59:49 +0000

You are right… the acid rain in Pittsburgh in the 70’s was wonderful. Maybe they can turn on the old steel mills and bring it back.

By: Justin Chen

Justin Chen — Tue, 28 Apr 2009 14:37:08 +0000

I actually do subscribe and read “Portfolio” – it’s one of my favorite magazines. It covers a more diverse spectrum of topics compared to Fortune and Forbes. I’m sad to hear that it’s shutting down.

By: Eric Michaels

Eric Michaels — Tue, 28 Apr 2009 13:52:00 +0000

Actually folks, the latest issue has Tim Geitner on it. Palin was last month.
I liked Portfolio and I LOVE magazines. Sad to see it go.

By: chervel

chervel — Tue, 28 Apr 2009 12:22:09 +0000

Portfolio had some beautiful stories which can’t be replaced by besserwisser-blog commentaries!

By: james barclay

james barclay — Tue, 28 Apr 2009 04:11:03 +0000

this demise is part of an inevitable trend…

today i launched a site that hopefully will really take off..a business associate of mine said – this is some great content here – r u sure u dont want to launch a sister magazine???

of course im fucking sure – print is dead…i cant remember the last time i bought a newspaper, but i do remember at one stage of my life i would buy every weekend paper i could get my hands on….

why bother anymore? websites can be updated in real time, there is no need for distribution logistics and the info is free…

once upon a time the fastest way to send info out was by tieing a letter to a pigeon……

its time to put the paper publication pigeons to pasture

By: RIP

RIP — Tue, 28 Apr 2009 03:47:43 +0000

More the property rents go down better it is.

By: Per

Per — Tue, 28 Apr 2009 03:35:25 +0000

I thumbed through a few issues at the newsstand. While there were a few interesting articles, I could detect a generous dose of ‘rich liberal guilt’ in the
tenor of the writing.

No thanks…

By: dean L

dean L — Tue, 28 Apr 2009 02:43:59 +0000

it was good reading…

specially mobile version on a toilet. quick and easy to crunch some new info on business.

now i am left with wired and fast company only

By: Marc

Marc — Tue, 28 Apr 2009 02:17:01 +0000

I made a personal case study of Conde Naste properties and Portfolio in particular over the past year. Their online presence is incredibly weak even with great websites that have great content. Great content alone is not enough to get traffic. They flubbed their SEO and that’s why my network along with many others are killing these guys by a thousand cuts, even though we can’t afford to produce content at their level of quality. We will over time though. Even after 10 years of a highly commercial net, they still don’t understand it. Their pain = my gain.

By: pwb

pwb — Tue, 28 Apr 2009 00:48:20 +0000

Portfolio is/was actually a pretty good read.

By: Tamara Gruber

Tamara Gruber — Tue, 28 Apr 2009 00:08:09 +0000

I still read Fast Company, everything else is online.

By: Portfolio P&L: $100 Million Loss « Marketing Artist

Portfolio P&L: $100 Million Loss « Marketing Artist — Mon, 27 Apr 2009 23:39:12 +0000

[...] observation from Tech Crunch is spot-on: Portfolio saw itself in the same vein as the Fortune magazine of the 1930s, filled with [...]

By: Scott Charles

Scott Charles — Mon, 27 Apr 2009 22:43:14 +0000

Yes I did read it and I found it interesting. A bit left-of-center bias, but that was OK. Of course for real quality reporting and insight I like to read the reader comments in TC. Which I suppose is the point of having Web 2.0.

By: Shafqat

Shafqat — Mon, 27 Apr 2009 22:11:29 +0000

Since when is it so expensive to launch a website? It’s not 1997. These people had it all wrong from the beginning.

By: Conde Nast Shuts Down Portfolio Magazine

Conde Nast Shuts Down Portfolio Magazine — Mon, 27 Apr 2009 22:11:11 +0000

[...] it’s now over for Portfolio. From TechCrunch: “Portfolio saw itself in the same vein as the Fortune magazine of the 1930s, filled with [...]

By: john

john — Mon, 27 Apr 2009 21:47:40 +0000

I really really enjoyed this magazine, along with Wired and Vanity Fair it was a must subscribe for me after reading just a few issues of it.

It was literally my replacement for Business 2.0, can my favourite magazines please stop being shut down…

By: dav-e-roberts

dav-e-roberts — Mon, 27 Apr 2009 21:17:50 +0000

i’ve said it before, and i’ve said it again…all TC has to do is ban the world locator from comments and this guys head will explode

By: Quickthink » Blog Archive » Tuesday’s Tidbits

Quickthink » Blog Archive » Tuesday’s Tidbits — Mon, 27 Apr 2009 21:14:29 +0000

[...] Failed- Conde Nast poured $100,000,000 into the magazine and is shutting down a year later. Erick Schonfeld has the rather amazing story for Tech [...]