Massive changes at Source Media

Folio reports that Source Media is undergoing a reorganization that will concentrate its more than 60 magazines into four business groups—banking, capital markets, technology and professional services.
Source Media, who is the publisher of American Banker and other financial media titles, will also juggle its editorial staff to put employees under one of the four new groups.

"As part of the restructuring, American Banker editor-in-chief David Longobardi has been named executive vice president and chief content officer, overseeing all Source Media editorial. Reporting to Longobardi will be four group editorial directors who will oversee editorial for the four separate groups.
Each title will continue to have an editor-in-chief, Malkin says, but those editors will not have a dedicated editorial team. Instead, they will "draw from a community pool" of content generated company-wide."

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