Pearlstine worked for the
Wall Street Journal from 1968 to 1992, except for a two-year period, 1978–1980, when he was an executive editor for Forbes magazine. At the
Journal, he was a staff reporter in Dallas, Detroit, and Los Angeles (1968–73); Tokyo bureau chief (1973–76); managing editor of
The Asian Wall Street Journal (1976–78); national editor (1980–81); editor and publisher of
The Wall Street Journal/Europe (1982–83); managing editor (1983–91); and executive editor (1991–92). He was interim president of the
New-York Historical Society from 1992 to 1994. After leaving the
Wall Street Journal he launched
SmartMoney and was later the general partner of Friday Holdings (along with
Richard Rainwater,
Barry Diller and
Paramount Pictures chief
Martin S. Davis), a multimedia investment company, prior to succeeding
Jason McManus as editor in chief at
Time Inc. in 1995, the first outsider in the position. He was
editor in chief of Time Inc. between January 1, 1995, and December 31, 2005. Pearlstine was a senior adviser to the
Carlyle Group's telecommunications and media group in New York. Pearlstine then joined
Bloomberg L.P. in June 2008 as chief content officer, a newly created position. In that role Pearlstine was charged with seeking growth opportunities for Bloomberg's television, radio, magazine, and online products and to make the most of the company's news operations. Pearlstine also was chairman of
Bloomberg Businessweek, the magazine Bloomberg L.P. acquired from McGraw-Hill in 2009, and as co-chairman of
Bloomberg Government, a web-based subscription service devoted to coverage of the impact of government actions on business, including legislation, regulation, and contracts. In October 2013, Pearlstine returned to
Time Inc. as chief content officer, a position similar to the one he held at Bloomberg. In July 2017, he retired from
Time Inc. He briefly served through the end of 2017 as the Chief Information Architect of Money.net, a financial data company. On June 18, 2018, Pearlstine was named executive editor of the
Los Angeles Times by owner
Patrick Soon-Shiong. In October 2020, Pearlstine stepped down from his post at the
Times. Pearlstine has since returned to writing, and he serves as an advisor to North Base Media, a venture firm, as well as ITN Mediagene, an Asian media and technology group, and Majarra, an Arab-language business information service. He is co-chair of The Annenberg Center on Communication Leadership & Policy at the University of Southern California, and he serves on the boards of three other nonprofits serving journalists and journalism -- the
Reporters Committee for Freedom of the Press, the Alliance for Trust in Media, the Shorenstein Center at Harvard’s Kennedy School. He is also a member of the American Academy of Arts and Sciences, the American Antiquarian Society, the Asia Society, the Council on Foreign Relations, and the D.C. Bar. ==Personal==