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Fast Company

November 23, 2023

For other uses, see Fast Company (disambiguation).

Fast Company is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year.

Fast Company
October 2009 cover of Fast Company
EditorBrendan Vaughan
CategoriesBusiness magazine
Frequency6 times per year
PublisherFast Company, Inc
Total circulation
(June 2012)		757,858[1]
First issueNovember 1995
CompanyMansueto Ventures
CountryUSA
LanguageEnglish
Websitewww.fastcompany.com
ISSN1085-9241

History edit

Fast Company was launched in November 1995[2][3] by Alan Webber and Bill Taylor, two former Harvard Business Review editors, and publisher Mortimer Zuckerman.[4][5] The publication's early competitors included Red Herring, Business 2.0 and The Industry Standard.[6]

In 1997, Fast Company created an online social network, the "Company of Friends" which spawned a number of groups that began meeting.[7] At one point the Company of Friends had over 40,000 members in 120 cities, although by 2003 that number had declined to 8,000.[8]

In 2000, Zuckerman sold Fast Company to Gruner + Jahr, majority owned by media giant Bertelsmann, for $550 million.[9] Just as the sale was completed, the dot-com bubble burst, leading to significant losses and a decline in circulation. Webber and Taylor left the magazine two years later in 2002, and John A. Byrne, previously a senior writer and former management editor with BusinessWeek, was brought in as the new editor. Under Byrne, the magazine won its first Gerald Loeb Award, the most prestigious honor in business journalism.[10] But the magazine could not reverse its financial decline in the wake of the dot-com bust. Although the magazine was not specifically about Internet commerce, advertising pages continued to drop until they were one-third the 2000 numbers.[8]

In 2005, Gruner + Jahr put the magazine, as well as Inc. magazine, up for sale. Byrne contacted entrepreneur Joe Mansueto and helped guide him through the sale. A bidding war ultimately ensued, pitting The Economist against Mansueto's company Mansueto Ventures. Mansueto, the only bidder who promised to keep Fast Company alive, ultimately won the contest, buying both magazine titles for $35 million.[11]

Under former editor-in-chief Robert Safian,[12] Fast Company was named by the American Society of Magazine Editors as the magazine of the year in 2014.[13]

Stephanie Mehta was named editor-in-chief in February 2018,[14] having previously worked at Vanity Fair, Bloomberg, Fortune, and The Wall Street Journal. Fast Company is owned by Mansueto Ventures and is headquartered in Manhattan.

In September 2022 the Fast Company website, fastcompany.com, fell victim to an attack and racist messages were sent.[15] The site was compromised and access to the site was used to send push notifications that the company identified as "obscene and racist." The site was taken offline for eight days[16] as a result.[17]

Website edit

Launched in 1995,[18] FastCompany.com covers leadership and innovation in business, environmental and social issues, entertainment and marketing, and, through its Co.Design site, the intersection of business and design, from architecture to electronics, consumer products to fashion. Fast Company also previously operated sites called Co.Labs, Co.Exist, and Co.Create. Co.Exist and Co.Create were rebranded as Ideas and Entertainment sections in 2017.[19][20] Co.Labs was shut down in early 2015.[21]

Franchises edit

Fast Company operates several franchises, such as "Most Innovative Companies", "World Changing Ideas", "Innovation By Design", and "Most Creative People". For its Most Innovative Companies feature, Fast Company assesses thousands of businesses to create a list of 50 companies it considers the most innovative.[22] The Most Creative People in Business is a list of 100 people from different industries.[23]

References edit

  1. ^ "eCirc for Consumer Magazines". Alliance for Audited Media. June 30, 2012. Archived from the original on January 23, 2017. Retrieved December 2, 2012.
  2. ^ Vanderbilt, Tom (March 5, 2000). "The capitalist cell". The New York Times.
  3. ^ Alex French. "The Very First Issues of 19 Famous Magazines". Mental Floss. Retrieved August 10, 2015.
  4. ^ . Fast Company. March 1, 2006. Archived from the original on April 4, 2012. Retrieved October 27, 2012.
  5. ^ "About Us". Fast Company. Retrieved February 27, 2012.
  6. ^ Bercovici, Jeff (February 2001). . Media Life Magazine. Archived from the original on December 8, 2015. Retrieved November 25, 2014.
  7. ^ Alex Kuczynski (December 14, 1998). "Cultivating A Cult Audience; Fast Company Magazine Takes 'Community of Readers' Idea To New Extremes". The New York Times. Retrieved June 5, 2009.
  8. ^ a b Carr, David (August 11, 2003). "Fast Company's New Life in the Slow Lane". The New York Times. Retrieved November 25, 2014.
  9. ^ Johnston, David Cay (May 2005). "Bertelsmann to Exit U.S. Magazine Market". The New York Times. Retrieved July 7, 2017.
  10. ^ Friedman, Jon. "Fast Company finally gets some 'help'". MarketWatch.
  11. ^ Seelye, Katherine Q. (June 21, 2005). "Gruner + Jahr sells 2 U.S. magazines". The New York Times.
  12. ^ Fox, Rebecca (January 2007). "Breaking: Bob Safian Named Editor/Managing Director of Fast Company". Adweek. Retrieved July 7, 2017.
  13. ^ . American Society of Magazine Editors. New York. May 1, 2014. Archived from the original on July 19, 2015. Retrieved August 4, 2015.
  14. ^ Dool, Greg (February 2018). "Breaking: Fast Company Names Stephanie Mehta Editor-in-Chief". Folio. Retrieved April 11, 2018.
  15. ^ "Media company hacked, racist push notifications sent to Apple iPhones". The Washington Post. ISSN 0190-8286. Retrieved October 5, 2022.
  16. ^ "Fast Company returns after attack that saw obscene Apple News alerts pushed to readers". Engadget. October 6, 2022. Retrieved October 21, 2022.
  17. ^ "Fast Company shuts website after hack sends 'obscene' Apple News notifications". Reuters. September 2022. Retrieved September 30, 2022.
  18. ^ "ICANN WhoIs fastcompany.com". Retrieved July 7, 2017.
  19. ^ Clendaniel, Morgan (June 2, 1995). "Some News From Your Friends At Co.Exist". ICANN WhoIs. Retrieved July 7, 2017.
  20. ^ Alt, Eric (March 22, 2017). "A Message To Our Readers". fastcompany.com. New York. Retrieved July 7, 2017.
  21. ^ Robischon, Noah (March 24, 2015). "What's Next For Co.Labs?". Fast Company. Retrieved January 11, 2016.
  22. ^ . Fast Company website. February 18, 2010. Archived from the original on June 4, 2012. Retrieved April 10, 2012.
  23. ^ "The Most Creative People in Business 2012". Fast Company. 2012.

External links edit

  • Official website  

November 23, 2023
fast, company, other, uses, disambiguation, monthly, american, business, magazine, published, print, online, that, focuses, technology, business, design, publishes, print, issues, year, october, 2009, cover, editorbrendan, vaughancategoriesbusiness, magazinefr. For other uses see Fast Company disambiguation Fast Company is a monthly American business magazine published in print and online that focuses on technology business and design It publishes six print issues per year Fast CompanyOctober 2009 cover of Fast CompanyEditorBrendan VaughanCategoriesBusiness magazineFrequency6 times per yearPublisherFast Company IncTotal circulation June 2012 757 858 1 First issueNovember 1995CompanyMansueto VenturesCountryUSALanguageEnglishWebsitewww wbr fastcompany wbr comISSN1085 9241 Contents 1 History 2 Website 3 Franchises 4 References 5 External linksHistory editFast Company was launched in November 1995 2 3 by Alan Webber and Bill Taylor two former Harvard Business Review editors and publisher Mortimer Zuckerman 4 5 The publication s early competitors included Red Herring Business 2 0 and The Industry Standard 6 In 1997 Fast Company created an online social network the Company of Friends which spawned a number of groups that began meeting 7 At one point the Company of Friends had over 40 000 members in 120 cities although by 2003 that number had declined to 8 000 8 In 2000 Zuckerman sold Fast Company to Gruner Jahr majority owned by media giant Bertelsmann for 550 million 9 Just as the sale was completed the dot com bubble burst leading to significant losses and a decline in circulation Webber and Taylor left the magazine two years later in 2002 and John A Byrne previously a senior writer and former management editor with BusinessWeek was brought in as the new editor Under Byrne the magazine won its first Gerald Loeb Award the most prestigious honor in business journalism 10 But the magazine could not reverse its financial decline in the wake of the dot com bust Although the magazine was not specifically about Internet commerce advertising pages continued to drop until they were one third the 2000 numbers 8 In 2005 Gruner Jahr put the magazine as well as Inc magazine up for sale Byrne contacted entrepreneur Joe Mansueto and helped guide him through the sale A bidding war ultimately ensued pitting The Economist against Mansueto s company Mansueto Ventures Mansueto the only bidder who promised to keep Fast Company alive ultimately won the contest buying both magazine titles for 35 million 11 Under former editor in chief Robert Safian 12 Fast Company was named by the American Society of Magazine Editors as the magazine of the year in 2014 13 Stephanie Mehta was named editor in chief in February 2018 14 having previously worked at Vanity Fair Bloomberg Fortune and The Wall Street Journal Fast Company is owned by Mansueto Ventures and is headquartered in Manhattan In September 2022 the Fast Company website fastcompany com fell victim to an attack and racist messages were sent 15 The site was compromised and access to the site was used to send push notifications that the company identified as obscene and racist The site was taken offline for eight days 16 as a result 17 Website editLaunched in 1995 18 FastCompany com covers leadership and innovation in business environmental and social issues entertainment and marketing and through its Co Design site the intersection of business and design from architecture to electronics consumer products to fashion Fast Company also previously operated sites called Co Labs Co Exist and Co Create Co Exist and Co Create were rebranded as Ideas and Entertainment sections in 2017 19 20 Co Labs was shut down in early 2015 21 Franchises editFast Company operates several franchises such as Most Innovative Companies World Changing Ideas Innovation By Design and Most Creative People For its Most Innovative Companies feature Fast Company assesses thousands of businesses to create a list of 50 companies it considers the most innovative 22 The Most Creative People in Business is a list of 100 people from different industries 23 References edit eCirc for Consumer Magazines Alliance for Audited Media June 30 2012 Archived from the original on January 23 2017 Retrieved December 2 2012 Vanderbilt Tom March 5 2000 The capitalist cell The New York Times Alex French The Very First Issues of 19 Famous Magazines Mental Floss Retrieved August 10 2015 A Brief History of Our Time Fast Company March 1 2006 Archived from the original on April 4 2012 Retrieved October 27 2012 About Us Fast Company Retrieved February 27 2012 Bercovici Jeff February 2001 Business 2 0 is put up for sale Media Life Magazine Archived from the original on December 8 2015 Retrieved November 25 2014 Alex Kuczynski December 14 1998 Cultivating A Cult Audience Fast Company Magazine Takes Community of Readers Idea To New Extremes The New York Times Retrieved June 5 2009 a b Carr David August 11 2003 Fast Company s New Life in the Slow Lane The New York Times Retrieved November 25 2014 Johnston David Cay May 2005 Bertelsmann to Exit U S Magazine Market The New York Times Retrieved July 7 2017 Friedman Jon Fast Company finally gets some help MarketWatch Seelye Katherine Q June 21 2005 Gruner Jahr sells 2 U S magazines The New York Times Fox Rebecca January 2007 Breaking Bob Safian Named Editor Managing Director of Fast Company Adweek Retrieved July 7 2017 National Magazine Awards 2014 Winners Announced American Society of Magazine Editors New York May 1 2014 Archived from the original on July 19 2015 Retrieved August 4 2015 Dool Greg February 2018 Breaking Fast Company Names Stephanie Mehta Editor in Chief Folio Retrieved April 11 2018 Media company hacked racist push notifications sent to Apple iPhones The Washington Post ISSN 0190 8286 Retrieved October 5 2022 Fast Company returns after attack that saw obscene Apple News alerts pushed to readers Engadget October 6 2022 Retrieved October 21 2022 Fast Company shuts website after hack sends obscene Apple News notifications Reuters September 2022 Retrieved September 30 2022 ICANN WhoIs fastcompany com Retrieved July 7 2017 Clendaniel Morgan June 2 1995 Some News From Your Friends At Co Exist ICANN WhoIs Retrieved July 7 2017 Alt Eric March 22 2017 A Message To Our Readers fastcompany com New York Retrieved July 7 2017 Robischon Noah March 24 2015 What s Next For Co Labs Fast Company Retrieved January 11 2016 Most Innovative Companies Top 10 by Industry Fast Company website February 18 2010 Archived from the original on June 4 2012 Retrieved April 10 2012 The Most Creative People in Business 2012 Fast Company 2012 External links editOfficial website nbsp Retrieved from https en wikipedia org w index php title Fast Company amp oldid 1180458622, wikipedia, wiki, book, books, library,

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