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Portfolio.com survives, becomes part of American City Business Journals site

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New York—Condé Nast may have closed Portfolio, but it was announced last week that the business magazine's Web site, Portfolio.com, will survive as part of American City Business Journals' bizjournals.com, beginning in July.

Both Condé Nast and American City Business Journals are units of Advance Publications. The Portfolio.com editorial team and sales staff will be based in New York. Bizjournals.com will oversee both the editorial and business sides of the site, which will also have access to content created by more than 600 American City Business Journals editorial staffers around the country.

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