Fast Company announced that it is the recipient of a 2008 Gerald Loeb Award for Distinguished Business and Financial Journalism. Editor-at-Large Charles Fishman’s article “Message in a Bottle,” about the business of bottled water was recognized in the feature writing category. The Loeb Awards are the highest honors in business journalism, presented by UCLA Anderson School of Management since 1973.
This is the second year in a row that Fast Company has been recognized with a Loeb. In 2007 Charles Fishman was honored for the article “How Many Lightbulbs Does It Take to Change the World? One,” about compact florescent bulbs.
Fast Company adds this award to a growing list of accolades this year. Among them:
• “Overall Excellence” and “Cover Story of The Year” honors from the Society of American Business Editors and Writers
• Named to AdWeek’s 2008 Hot List
• Fast Company editor Bob Safian honored as a Top Innovator in Business Publishing by BtoB’s Media Business.
• Newsstand Sales Up 38%, according to the most recent Audit Bureau of Circulations (ABC) FAS-FAX report.
• Ad Pages Up 29%, according to The Publishers Information Bureau (PIB)
Fast Company continues to thrive, despite a climate that has traditional business titles suffering. Ad pages at Businessweek, for instance, fell 19.4% in the first quarter of 2008, according to PIB; ad pages at Forbes are down 13.2%, while Fortune saw a decline of 0.9%.