BOSTON, March 6 /PRNewswire/ -- Fast Company founding editors William Taylor and Alan Webber have been named Editors of the Year by Adweek, it was announced today. The magazine also topped the 'Hot List' for magazines with ad revenues under $40 million for a second year in a row. The awards come after a year of significant ad page growth, revenue gains and circulation increases in 1999. "Since the beginning of Fast Company, we have worked to make this more than a magazine," said Alan Webber. "The recognition we've received makes Fast Company seem like a movement of people shaping the New Economy." "We want to thank our readers for their overwhelming response," said William Taylor. "The premise of the magazine is to make a contribution to our readers so they can work better, lead smarter and have richer, more rewarding lives." Adweek recognized Taylor and Webber as Editors of the Year due to the continued success of their magazine. The circulation is up 57% to 500,000 in 1999. This followed an increase of 38% in the previous year. Just four years after its November 1995 launch, Fast Company is profitable. Fast Company, which took the top spot on the Hot List Under 40 last year, captures the lead again in 1999 with revenue up 139.4% and ad pages up 60.95%. This award category looks at magazines with annual advertising revenues below $40 million dollars that are nevertheless making their mark on the publishing landscape. To qualify for consideration, magazines must have published 12 issues over the past two years with revenues tracked by PIB. Fast Company is the fastest-growing magazine of the New Economy. The magazine reports on a wide range of companies, from Internet to no-net. Founded by William Taylor and Alan Webber, Fast Company is published by Mortimer B. Zuckerman, Chairman. In 1999, Fast Company was named Magazine of the Year by Advertising Age and it was listed #1 in Adweek's "hot list." Fast Company content, archive material, and interactive community features can be found on the award-winning site: http://www.fastcompany.com.
SOURCE Fast Company