Forbes Announces Launch Of Forbes Chile And Forbes Peru

Rhea-AI Summary

Forbes, in partnership with Media Business Generators, announced the launch of two new international editions: Forbes Chile and Forbes Peru. These Spanish-language editions will be available online starting November 2021. Randy Nieves-Ruiz will serve as Editor-in-Chief for Forbes Chile, while Hugo Flores will lead Forbes Peru. This expansion aims to enhance Forbes' presence in Latin America, joining existing editions in several countries. Furthermore, Forbes plans to go public through a merger with Magnum Opus (NYSE: OPA), anticipated to finalize in Q4 2021 or Q1 2022.

Positive

• Launch of Forbes Chile and Forbes Peru enhances Forbes' portfolio in Latin America.
• Experienced leadership with Randy Nieves-Ruiz and Hugo Flores as Editors-in-Chief.
• Expansion aligns with Forbes' strategy to champion entrepreneurship globally.
• Merger with Magnum Opus (NYSE: OPA) may provide additional capital for growth.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- In partnership with Media Business Generators (Mexican media holding), Forbes announced today the launch of two international editions, Forbes Chile and Forbes Peru, in partnership with Media Business Generators.

Both Spanish-language editions are launching online in November 2021. Readers from Chile and Peru, and from all over the world, will be able to access content on www.forbes.cl and www.forbes.pe respectively.

Forbes Chile will be led by Randy Nieves-Ruiz as the Editor-in-Chief. Randy has more than two decades of experience in digital and print platforms. He has been an editor and news correspondent at international media outlets such as Agence France-Presse, EFE and Univision.com.

Hugo Flores will lead Forbes Peru as the Editor-in-Chief. Hugo is a communication professional with over ten years of experience in business and economic media. He has worked at prestigious regional media such as America Economia and El Comercio (Peru). Hugo has also been a contributor to Semana Económica (Peru), Que Pasa (Chile), Dinero (Colombia) and other Latin American media. Hugo has been awarded the Citi Journalistic Excellence Award, a recognition given by Columbia University and Citibank.

“We are excited to partner with Media Business Generators to launch Forbes Chile and Forbes Peru,” said Peter Hung, President of FGH - President, Licensing and Branded Ventures, Forbes Media LLC. “We’re committed to championing entrepreneurship around the world and adding editions in Chile and Peru will further grow our presence in Latin America.”

In addition to Forbes Chile and Forbes Peru, Media Business Generators, with its media holding, Business and Luxury Media Group, publishes Forbes Central America, Forbes Colombia, Forbes Dominican Republic, and Forbes Mexico. Forbes already has local editions in Argentina, Bolivia, Brazil, and Ecuador, with a total of 46 local licensed editions around the world.

About Forbes
Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 150 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 46 licensed local editions in 77 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements.

Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), a special purpose acquisition company (SPAC), which is expected to close in Q4 2021 or Q1 2022.

About Media Business Generators
Is a multimedia Mexican company founded in 2012 by Mariano Menéndez and Marco Landucci. With its media holding, Business and Luxury Media Group, are also the publisher of Robb Report Mexico, Food & Wine en Español, InStyle Mexico, and The Happening web portal.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211103005193/en/

Media Business Generators

Elisabetta Lampedecchia

Chief Strategy Officer

elampedecchia@forbeslatam.net

Source: Forbes

FAQ

What new editions has Forbes launched?

Forbes has launched Forbes Chile and Forbes Peru.

When will Forbes Chile and Forbes Peru launch?

Both editions will launch online in November 2021.

Who is the Editor-in-Chief of Forbes Chile?

Randy Nieves-Ruiz is the Editor-in-Chief of Forbes Chile.

Who leads Forbes Peru?

Hugo Flores serves as the Editor-in-Chief of Forbes Peru.

What is the ticker symbol for Forbes' upcoming public listing?

Forbes plans to go public under the ticker symbol OPA.

When is Forbes expected to finalize its merger with Magnum Opus?

The merger is expected to close in Q4 2021 or Q1 2022.