Next in Media: Bloomberg purchases BusinessWeek; Fewer Mags Are Closing This Week

  • Bloomberg LP will acquire BusinessWeek from McGraw-Hill, after weeks of speculation over who would purchase the magazine. [MediaBistro/FishbowlNY]
  • While the number of magazine closings still outpace the number of launched titles this year, less titles are folding this year than last, according to numbers from MediaFinder.com. [Folio:]
  • This month's issue of French Vogue, no stranger to controversy, features supermodel Lara Stone in blackface makeup. [NYMag/The Cut]
  • Google Labs released a new feature called "Got the Wrong Bob?" which, if activated, tries to identify when you've accidentally included the wrong "Bob"on a group email based on previous emails sent. [Marie Claire]
  • According to a report from Dynamic Logic, magazines are the most cost-effective advertising medium when looking at people impacted per dollar spent and the cost per person. [MediaBistro/ Fishbowl NY]
  • Brenda Turner was promoted to executive editor of USA Weekend this week after serving in an acting capacity in the position since the March resignation of the previous editor. [minonline]

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