File:2007 Fortune 500 cover.jpg The April 30, 2007 issue of Fortune, featuring its Fortune 500 list |
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Managing Editor | Andy Serwer |
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Categories | Business Magazines |
Bi-weekly | |
Publisher | Time, Inc., a Time Warner company. |
Total circulation (2011) |
845,043[1] |
First issue | 1930 |
Country | USA |
Language | English |
Website | fortune.com |
ISSN | 0015-8259 |
Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest media conglomerate.[2] Fortune's primary competitors in the national business magazine category are Forbes, which is also published bi-weekly, and Bloomberg Businessweek. The magazine is especially known for its annual features ranking companies by revenue. CNNMoney.com is the online home of Fortune, in addition to Money.
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Fortune was founded by Time co-founder Henry Luce in February 1930, four months after the Wall Street Crash of 1929 that marked the onset of the Great Depression. Briton Hadden, Luce's partner, wasn't enthusiastic about the idea—which Luce originally thought to title Power—but Luce went forward with it after Hadden's February 27, 1929 death (probably of septicemia).[3]
Luce wrote a memo to the Time, Inc. board in November 1929, "We will not be over-optimistic. We will recognize that this business slump may last as long as an entire year."[4]
Single copies of that first issue cost $1 at a time when the Sunday New York Times was only 5¢.[4] At a time when business publications were little more than numbers and statistics printed in black and white, Fortune was an oversized 11"×14", using creamy heavy paper, and art on a cover printed by a special process.[5] Fortune was also noted for its photography, featuring the work of Margaret Bourke-White and others. Walker Evans served as its photography editor from 1945–1965.
An urban legend says that art director T. M. Clelland mocked up the cover of the first issue with the $1 price because nobody had yet decided how much to charge; the magazine was printed before anyone realized it, and when people saw it for sale, they thought that the magazine must really have worthwhile content. In fact, there were 30,000 subscribers who had already signed up to receive that initial 184-page issue.[5]
During the Great Depression, Fortune developed a reputation for its social conscience, for Walker Evans and Margaret Bourke-White's color photographs, and for a team of writers including James Agee, Archibald MacLeish, John Kenneth Galbraith, and Alfred Kazin, hired specifically for their writing abilities.
Fortune became an important leg of Luce's Time/Life media empire, which has grown to become Time Warner. For many years Fortune was published as a monthly, but as of January, 1978, it is published twice a month. It considers its purview the entire field of business, including the people, trends, companies, and ideas that characterize modern business.
Marshall Loeb was named managing editor in 1986 and stepped down in May 1994 upon hitting Time Inc.'s mandatory retirement age of 65, to be replaced by Walter Kiechel III, an executive editor at the publication. During his tenure at Fortune, Loeb was credited with expanding the traditional focus on business and the economy with added graphs, charts and tables, as well as the addition of articles on topics such as executive life, and social issues connected to the world of business, such as the effectiveness of public schools and on homelessness.[6]
While circulation of the business magazines sector has apparently slumped since 2000,[7] Fortune claims their circulation has risen from 833,000[8] to 857,000[9] in that period.
In October 2009, as a result of declining ad revenue and circulation, Fortune began publishing tri-weekly rather than bi-weekly.[10][11]
A theme of Fortune is its regular publishing of researched and ranked lists. In the human resources field, for example, their Best Companies to Work For list is an industry benchmark. Its most famous lists rank companies by gross revenue and profile their businesses:
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Fortune (c. 1743 – 1798) was an African-American slave who achieved posthumous notability over the transfer of his remains from a museum storage room to a state funeral.
Under the laws of the 18th century American colonial period, Fortune, his wife Dinah, and their four children were the property of Dr. Preserved Porter, a physician based in Waterbury, Connecticut. Fortune drowned in an accident in the Naugatuck River in 1798, and Dr. Porter dissected his body and preserved his skeleton for anatomic study. The Porter family held Fortune’s remains before donating them to the Mattatuck Museum in Waterbury, where they were on display through the 1970s, after which point they were put in storage.
In 1999, the museum received national attention when media coverage highlighted the discovery of Fortune’s remains. Although the skeleton was initially dubbed "Larry," as that name was written on its skull, a later investigation by the African-American Historic Project Committee determined the skeleton belonged to Fortune. The museum created a special exhibit in honor of Fortune that detailed the lives of African-American slaves in the early part of the 19th century.
Fortune is both a surname and a given name. Notable people with the name include:
Surname:
Freaky may refer to:
Freaky is a British television series with David Penn (magician) in which a group of magicians perform tricks on common bystanders, featured on Channel 4 in the UK and G4's Duty Free TV (USA).
Koda Kumi's 36th single, "Freaky" (stylized as FREAKY), was released on June 27, 2007. The single took the the #1 spot on the Oricon, making it her fourth #1 single, and charted for fifteen weeks. The single came in CD and CD+DVD, with limited editions for both. The limited editions contained a fold-out poster. The CD+DVD version harbored instrumentals for the four tracks on the single, while the CD only carried remixes.
The single was certified platinum for copies shipped to stores, and the song FREAKY was certified platinum for downloads by the RIAJ.
All lyrics written by Koda Kumi.
Oricon Sales Chart (Japan)
There are times you need to hide
There are times you need to leave
You always reach my boundaries
Catching my heart's beat
Feel the beat within you
And dance among the stars
Ignite your heart
Burn it all
Dream your life right
And all I need in this life
Is right here in my arms
And all I need in this summer
Is you and me all night
Hold me tight now for once
Give your heart now a chance
Feel the love
Smile me back
Now and forever
Feel the beat within you
And dance among the stars
Ignite your heart
Burn it all
Dream your life right
And all I need in this life
Is right here in my arms
And all I need in this summer
Is you and me all night