Business

The birth of Brainstorm

As we celebrate 20 years in print, Jovan Regasek, ITWeb Brainstorm’s publisher, recollects how Fortune magazine played its part in building the foundations for Brainstorm’s own fortunes.

10 August 2021

It was mid-2001. Five years in existence, ITWeb was dominating its market. The traditional ‘trade media’, still our main competitor for marketing budgets, was heading for extinction. Still, I firmly believed there was a place for a credible print publication. Online wasn’t nearly sufficient for us to reach all key segments of our market – we needed diverse platforms to achieve this.

I was in advanced acquisition talks with one of our competitors, despite having reservations about buying its print titles. You can revamp a publication, relaunch it as something completely new, but building the audience and client base takes both time and money. Acquisition of the existing business, I thought, would accelerate our foray into the world of print.

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