Conde Nast
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Condé Nast: ‘No More Title Closings’
On heels of “Black Monday,” publisher presses for “future growth.”
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Condé Nast’s Black Monday Memo
CEO Chuck Townsend’s e-mail to staff: ‘Changes will speed recovery of our businesses.’
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Black Monday at Condé Nast
On heels of McKinsey study, publisher closes four titles, including Gourmet.
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Blood Pressures Rise as Ad Pages Plummet at Conde Nast
Historically speaking, September is a big month for big consumer magazines – particularly for a company like Condé Nast, which usually publishes fall fashion issues, each seemingly thicker than a Physicians’ Desk Reference. Not this year. The ad page numbers for Condé Nast’s September issues trickled out of 4 Times Square late yesterday, and —…
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But Why Kill Portfolio’s Website, Too?
No one paying attention to the media was surprised that Portfolio magazine was shut down Monday by Conde Nast. The monthly business magazine was losing money. As David Carey, Condé Nast’s group president and publishing director, told the New York Times, the five main categories of advertising that kept Portfolio afloat — financial services,…
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Maria Russo -
Print’s Woes: Slashed Staffs, Online-Only Papers…
Finding it hard to keep track of the near-daily announcements of trouble for Old Media? Let TheWrap do it for you
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Wrap Staff -
Media reporters chronicle their own demise; L.A. Times to Cut 300
It’s been a particularly grim seven days. Amid colossal layoffs, plunging revenues and a bleeding Wall Street, media reporters found themselves on the front lines — chronicling their own demise.
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Amy Kaufman -
Print Struggles As NYT Posts $57.8M Loss
The New York Times Co. continued to falter as it put its stake in the Boston Red Sox up for sale today after reporting a $57.8 million loss in 2008. Goldman Sachs will help the company sell its 17.75% stake in New England Sports Ventures, which owns the Sox, Fenway Park, around 80% of the…
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Amy Kaufman -
Condé Nast Finally Makes Some Digital Moves
After only bringing in about 3% of its ad revenue online last year, Condé Nast Publications may finally start to play catch up.