He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. Magazines under Limsky’s editorship have garnered more than 75 industry awards. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. in literature at American University in connection with a Masters Scholar Award fellowship. in English, summa cum laude, from Emory University and earned his M.A. from New York University, likes to say, “I’m a doctor, but I can’t operate-except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.” His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. Enhancing the Times and improving digital advertising operations are being positioned as a strategy to improve the value of the company and a reason to reject Gannett’s offer.ĭrew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. In a move that goes against the journalistic tide for the last few decades, TPUB is actually planning to open seven international bureaus in Hong Kong, Seoul, Mexico, Moscow, Rio de Janeiro, Lagos, and Mumbai to help position the Los Angeles Times as more of a global newspaper. Gannett has a reputation of running a pretty tight ship so this could be another watershed for the journalists left at Tribune’s newspapers, which have seen round after round of cuts since I left. The latest news is the board has hired an investment banker to study the offer of $12.25 a share and assumption of $390 million in debt. Gannett jumped in with a takeover offer that was not supported by TPUB management. The share price of TPUB has been a disaster for long-term shareholders – falling from $25.50 in August 2014 to $5.68 in February. These valuable assets stayed with Tribune Media (NYSE: TRCO), which this week announced the sale of the Sun Sentinel’s printing plant for $25.5 million. Tribune Publishing (NYSE: TPUB) was spun off and didn’t even get to keep the real estate associated with its newspapers, such as the iconic gothic Tribune Tower on Michigan Avenue in Chicago or the home of the Los Angeles Times. The recession, heavy debt load and changing advertising patterns (such as Craigslist decimating classified ads) ended up putting Tribune in bankruptcy.Īfter the bankruptcy, a public company re-emerged. Zell thought he could bring innovation and turn things around. The most crucial event after I left the Sun Sentinel occurred in 2007 when real estate guru Sam Zell took Tribune private in a $8.2 billion buyout that was heavily leveraged with debt. I left to become editor of the South Florida Business Journal with Publisher Gary Press, who I reunited with about three years ago to launch SFBW. Since a lot of my retirement was tied up in Tribune company stock, I was very concerned. The internet started to emerge and before I left in 1998 there were signs of circulation softening. I was there when the first cracks started appearing. The chairman of Tribune Co., based in Chicago, would visit and call the newspaper the jewel in the crown of Tribune. No surprise, since the Sun Sentinel, with its fat classified advertising section, was making more than $100 million a year in pre-tax profits during its peak years. The Sun Sentinel used to be one of the most profitable businesses in South Florida. I had a great 15-year run that culminated with being business editor for nearly five years. My perspective partially comes from joining the newspaper in 1984 on the business new desk.
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