The Business of Magazines

Condé Nast to Drop Some Claims Against Tonchi to Keep W Details Secret
Kali Hays

Condé Nast is willing to defang its countersuit against Stefano Tonchi in order to keep specifics of a bumpy sale of W magazine to itself.

In a letter to the New York judge overseeing the lawsuit filed last year, lawyers for Condé’s parent company Advance Publications Inc. asked to drop two of its claims against Tonchi, who was forced out as the editor of W when it was sold last year to Surface Media. Tonchi quickly sued for $1 million and Conde countersued in a strongly worded complaint.

W’s existence under Surface was rocky from the start and almost snuffed out as the coronavirus pandemic hit and the magazine was essentially shut down almost immediately. After a quick search for a buyer, a strange cadre of celebrities agreed last month to purchase the magazine for an undisclosed sum and W has resumed operation in a partnership with Bustle Digital Group. Any money from the sale, however, is said to be going directly to Condé, which had yet to be paid a dime for the magazine from Surface and its owner Marc Lotenberg.

Since leaving W, Tonchi has gone on to be chief creative officer at L’Officiel, the French magazine that appears to be having its own set of financial problems.

Now Condé seems to want to put the W saga behind it. It’s offering to drop claims of breach of confidentiality and breach of employment agreement, both central to its case against Tonchi. The publisher also noted that it’s “no longer seeking damages” against Tonchi over allegations that his dealings with potential buyers of W led to an ultimate decline in the sale price of at least $15 million. Other claims it is still pursuing are breach of loyalty and that it terminated Tonchi “for cause.”

Among the reasons it gave for wishing to avoid discovery on its claims, Condé said the process would “reveal confidential business information” and that without the claims, it could “expedite” requested depositions. Set to be deposed, or give official witness testimony, are Anna Wintour, Condé’s chief artistic director and still editor in chief of Vogue; Robert Sauerberg, former Condé chief executive officer; JoAnn Murray, former head of human resources; Brad Stoutenburgh, head of investments for Advance, and Lynn Hirschberg, a longtime editor at W. All depositions are set to be complete by the end of October.

Lani Adler, counsel for Tonchi, did not say how she intends to respond to the letter, but thinks Advance has “delayed and now they wish to take out these claims because, I believe, they’ll lose on them because they’ve been unable to establish damages.”

“Just getting rid of the contract issue is not going to solve for Condé its problems in this case,” she added.

A spokesman for Condé said, “While we are confident in the merit of our case against Mr. Tonchi, we have made a decision to withdraw certain claims in an effort to move the litigation forward.”

Tonchi, in his earlier request for discovery, demanded that Condé hand over any and all documents pertaining to the sale of W and its financial performance going back to 2009 when Tonchi took over as editor in chief. He also asked for further documents showing the final sale price to Surface, as well as correspondence from key figures at W. These include Wintour and Hirschberg; Edward Enninful, who was an editor at W before being promoted to editor in chief of Vogue Britain, and Sara Moonves, an editor at W who was promoted to editor in chief when Surface took over.

Also requested are communications between Sauerberg and a host of people he allegedly discussed W’s “financial performance” with, meaning they likely expressed some interest in buying the magazine. Those people include Jeffrey Katzenberg, cofounder and ceo of Quibi, and Francesco Costa, founder of Spring Studios.

“Defendants still believe that both counterclaims have merit, but, by making this application, seek to expedite the litigation to address what they consider to be a clear case of termination of employment for cause and breach of duty of loyalty and fiduciary duty,” lawyers for Advance said.
 
So between all those top models suing Vogue and this lawsuit with Tonchi which I think will turn out messy unless it's settled out of court, Anna will be busy over the next few months.
 
There is a new article about Katie Grand launching a new magazine called “The Perfect Magazine” on bof which I don’t have the access to the full article. :innocent::innocent::innocent:
 
Which will be "more than just a fashion magazine"...Because of course. If only that meant she will now focus on her new vanity project and leave Miu Miu alone.

On how she keeps getting these opportunities with her rumoured bad attitude is beyond me.
 
Why call it “The Perfecg magazine” when actually it is not....

What bad attitude you mean @YohjiAddict ?

And also, why she is using Love Team? Nothing it’s clear....Condenast will allow this?
 
I can't abide Katie Grande. The arrogance and 'coolness' that drips from her work is always just too much for me to stomach. I can't even say I think her styling work is anything of any great note either.

How Love survived this long is truly beyond me.
 
'The Perfect Magazine' sounds so silly and unimaginative. As if such a thing exist in today's age anyway.
She probably got tired of hanging around, waiting for that plum Vogue EIC job.
 
And I...

tenor.gif


Source: my own
 
Travis Scott Vows to Fight for Social Change

LONDON — The relaunched The Face magazine has invited its alumni David LaChapelle — who has photographed Leonardo DiCaprio, Sandra Bullock, Uma Thurman, Kelis, André 3000 and Gisele Bündchen for the magazine over the years — to shoot rapper Travis Scott for the latest issue.

In the issue, Scott announced himself as a newly committed fighter for social change following his Instagram post on George Floyd’s death due to police brutality.

“People are finally seeing the oppression that’s been happening and overlooked, and that we, as a culture, have been fighting through every day. We got a voice to try to make a change. Allow me to help in any way,” he said.

Stuart Brumfitt, editor of the magazine, said he wanted to hear what the star had to say during a year transformed by the Black Lives Matter movement.

“He is the monumental star of the moment. His music is era-defining. He’s a close collaborator of Kanye West. He’s teaming with McDonald’s on Happy Meals and soundtracking ‘Tenet,’ the biggest movie of the year. His influence on culture can be felt everywhere, but he’s never been known to be hugely political,” Brumfitt said.

Travis wanted to work with LaChapelle again for the issue because their collaboration on the “Astroworld” album artwork in 2018 has been phenomenal, he added.


The new issue urges the readers to look forward. “This year has been a lot, and like Cape Town’s Mikhaila Petersen says in our globe-spanning portfolio that tracks 20 twentysomethings, we should all be in awe of ourselves for getting through it,” Brumfitt said.

Other highlights from the issue include a feature on a group of Black birdwatchers in London, a portfolio on London’s Mr & Miss Nigeria Beauty Pageants, and getting up and close with the cast of “Call Me By Your Name” director Luca Guadagnino’s new HBO show, “We Are Who We Are.”

The magazine itself has been constantly adapting to the changing rules from the U.K. government.

“When the first heavy lockdown was put in place in the U.K., we decided not to work on a summer issue, focusing instead on our digital output. We made phenomenal content in tough times, with key worker cover stars, BLM coverage, and a huge 1975 takeover and concert featuring the likes of Phoebe Bridgers, Beabadoobee, Rina Sawayama and more,” he said.

“When we came back to make the September issue, we mostly worked remotely. There were new challenges around shoots, but in the end, only one was done over Zoom. The rest happened in the window when lockdown measures were reduced,” he added.

The business has not been as negatively impacted as one would think.

“We’ve had great support from advertisers in this print issue, and when we take into account the digital and video work we’ve been doing for brands, September is one of our biggest months since launch,” Brumfitt said.

The issue will go on sale from Sept. 14.
 
A Fashion Month Like No Other for Editors

Kathryn Hopkins
On this day, fashion editors from around the world are usually attempting to cram all their showstopping outfits into a gigantic suitcase (or three) in preparation to sit front row at designers’ shows in all the fashion capitals.

Not this year. Pandemic-related travel restrictions, safety reasons and the general lack of in-person shows have meant that many are staying put in their home cities. Some of those who are based in New York, London, Paris and Milan plan to attend the few local in-person shows and presentations that are taking place and watch shows in other cities virtually. Others will watch all the spring 2021 collections from their computers.

Among the latter is Vogue Mexico editor in chief Karla Martinez, a regular fashion month attendee, who usually hosts events promoting designers from Latin America in the key fashion cities. Instead, she’ll be skipping NYFW, which kicks off Sunday with Jason Wu, and will be watching that and all other fashion weeks from Mexico City, where she has been based for the past few years.

“We will be working with our Vogue editors in each market and our freelance contributors based in Milan, Paris and NYC to cover market,” she told WWD. “It feels very strange that I am not traveling, seeing friends, editors and going to NYC for fashion week. I think the virtual show doesn’t replace the live fashion show so we will see how we will work this season.”

As for American Vogue editor in chief Anna Wintour and her team, as well as fashion editors from other Condé Nast U.S. titles such as Vanity Fair and GQ, they, too, won’t be traveling to Europe this month. Like Vogue Mexico, they’ll rely on local teams to provide assets and the brands will each cover in their own ways. Since they’re based in New York, many will be in attendance at NYFW, but it’s not known if Wintour, who is also Condé’s artistic director, will be present.

In terms of skipping Europe, it’s the same story for WSJ. Magazine, the monthly fashion and luxury-focused insert for the weekend edition of The Wall Street Journal, and Hearst Magazines, which owns Harper’s Bazaar, Marie Claire, Elle and Cosmopolitan. Most editors are understood to be planning on attending NYFW.

Hearst’s U.K. arm is also under orders to stay put. Avril Mair, fashion director of British editions of Elle and Harper’s Bazaar, said that although she loves visiting New York for the shows, she’s going to watch from her desk in London this season. “Similarly, we’re not traveling to Milan nor Paris,” she continued. “I will be doing safe, socially distanced one-to-one appointments with London designers, as our support is so critical and it’s feasibly a lot easier to coordinate.”

Editors at the U.S. edition of InStyle, who were called back to New York early from Paris Fashion Week in February by publisher Meredith Corp. as the coronavirus spread throughout Europe, are adopting an even more cautious stance. Not only will they not be heading back to Milan this month, they also won’t be attending any in-person NYFW events. That includes editor in chief Laura Brown. Instead, its digital team will cover NYFW remotely.

Also absent from all in-person events will be Marques Harper, image editor at the Los Angeles Times. In addition to Europe, he won’t be traveling cross-country to New York this weekend for the start of the shorter-than-usual NYFW, with Gov. Andrew Cuomo requiring travelers from California to quarantine for two weeks.

“This season, we are skipping our in-person coverage of fashion month shows due to ongoing safety concerns and travel restrictions related to the COVID-19 pandemic,” he said. “Therefore, we will experience these fashion shows in New York and Europe virtually along with the rest of the world. Overall, we remain committed to our coverage of these shows because L.A. is an important fashion and shopping market, and will return to covering them in the future.”

The New York Times’ fashion director and chief fashion critic Vanessa Friedman, meanwhile, won’t be flying to Europe, but is planning on attending events in New York, including Christian Siriano’s show, although she’ll miss Jason Wu on Sunday due to a family commitment.

Friedman was “very torn” about traveling to Europe (even though, had she gone, she would have had to quarantine for two weeks in Milan or Paris, given EU regulations), but in the end decided it was wiser (and certainly cheaper for the Times) to cover it digitally. The team may decide to send The Times’ U.K.-based fashion correspondent to cover the end of Paris. If not, The Times won’t use freelancers and will instead cover everything digitally.

As for virtual coverage, in addition to the usual reviews, The Times will livestream shows in partnership with the CFDA, Camera Nazionale della Moda Italiana and Fédération de la Haute Couture et de la Mode and host a series of virtual events and social media takeovers.

For reviews, Friedman believes it’s harder to do it virtually. “You’re dependent on the camera that’s filming the show and they do cutaways, they do closeups depending on their own aesthetic choices and sometimes it’s like, ‘wait I want to see that seam more closely or I wish I could get a sense of that fabric. I can’t really see it.’ But we adapt and hopefully we won’t get used to this, but we will learn how to read it in a different way,” she said. “There is nothing that can replace the in-person interactions that the shows provide.”

Kathy Lee, The Zoe Report’s new editorial director, said the fashion site, too, will feature reviews as always, but there will also be big focus this year on in-depth features with new and first-time presenters, how brands strategized their digital debut, and reads on how the usual front-row attendees will be dressing and viewing the collections, “all at the comfort, and glamour, of their own home.”

On what to expect from the collections, Tiffany Reid, vice president of fashion at Bustle Digital Group’s lifestyle arm that includes The Zoe Report, said: “Historically, fashion has given us a glimpse of what the future holds, and this year, designers have the platform to reimagine what that looks like. The pandemic has shown us that we don’t need as much as we thought we did and can be less wasteful, and I think that will be reflected in the collections.”
 
Can anyone posted article?

here you go:

Katie Grand's New Project: 'It's Not Just Another Magazine'
BoF Editor-at-Large Tim Blanks talks to the super-stylist and recently departed editor of LOVE about her surprising new project, The Perfect Magazine.

By Tim Blanks September 11, 2020 05:40
LONDON, United Kingdom — Last Friday, Katie Grand quit LOVE, the magazine she’d birthed and raised for 11 years. On Saturday morning, she leapt out of bed at 7 am and started typing names into Instagram. Down the rabbit hole she went. Fifteen minutes later, she had it. The Perfect Magazine. By 7:20 am, she’d got the Twitter handle, by 8 am, TikTok. By the end of the day, she’d nailed the URL, the domain name and YouTube: “By Sunday, I was sat in my kitchen with Catherine Russell, my old publisher, now my new CMO, and my lawyer Amy and it was all happening.”
Grand insists she doesn’t believe in fate. “Still, I thought it was fate that all those things were available,” she says wonderingly during our zoom, which allows me to see that she’s looking casually, blissfully tousled, like Jerry Hall in an old Bryan Ferry video. Happy, in other words, which is not necessarily the state of mind you’d expect to find in someone who has just walked away from the consummate achievement of a long and very successful career in fashion.
I’m talking about the last issue of LOVE: two hard-backed volumes, 600 pages in total, which will stand as an enduring monument to this wretched year. If you’re going to quit your job, leave on a high. That makes sense. And that’s exactly what Grand did, easing out from under the umbrella of Condé Nast, her magazine’s publisher, into an environment that could scarcely be more different from the one she has always functioned in, not just as editor but also as super-stylist for brands such as Marc Jacobs and Prada. But her sign-off at LOVE addressed the new world in a way that no one could have predicted, utilising the relationships she has established over the last 30 years to create a 360-degree portrait of a world in tumult. Sharpening its impact was the fact that she and many of her staff were laid low by Covid-19.
“That last issue was very personal,” Grand says. “I’d been so ill, people around me were so ill, it was very intuitive how we did it. I don’t want to let go of the sentiment that the issue was put together with. It was so full of each person’s own experiences. I was thinking about where I’d come from, my own upbringing, my class, the demos I went on as a kid. I want to move forward on where we got to with that. It’s a perfect place to start.”

Perfect is a word that has been tickling Grand’s fancy for years. Marc Jacobs named his new perfume Perfect. She was its creative director. She was also thinking back to an old LOVE cover by Mert and Marcus, black and white with that single cover line. Earlier, there was a Courtney Love cover. Perfect.
But you need time to put the pieces of a puzzle together — and who had time when they were on planes and trains and automobiles to endless shows and shoots and meetings with advertisers and editorial powwows? Fashion ate our lives, and then the pandemic spat them out. “You love what you do but you don’t have time to question it,” Grand reflects. “Then, this year everyone in every industry had more time to think about what they do, which bits they like, which bits they want to continue with.”
Go to The Perfect Magazine on Instagram and there’s a single post, a photo of Elizabeth Taylor, because Grand has launched more magazines than Liz had marriages. But this is a bigger platform than anything she has attempted in the past. “The appetite for beautifully crafted magazines is as great as ever,” she reassuringly declares in her announcement for her new venture. “But print is not the best medium for every idea. So rather than twist the magazine format to changing times, we are starting anew.” In other words, as she tells me, “It’s not just another magazine. The idea is it’s much more of a content agency, creating content for brands on screen, on paper, in an exhibition, or a party, if we’re ever allowed to have parties again.
"It could be anything — or everything — I’ve ever done coming together,” she said.
As a lifelong print junkie, I’m stuck on that notion of beautifully crafted magazines. So, it seems, is Grand. “Put a hardback on something, or special paper, or manifesto, and it stops it being disposable,” she says. Her last LOVE is an obvious case in point. Its hardcovers are reassuring, consoling, celebratory. “It covered a monumental period of time,” she agrees. “Put it on your bookshelf. Let’s keep this. We’ve all been through a lot this year.
There’s an idealism in her thinking that tracks back to the beginning of her career at Dazed and Confused. It’s been that spirit of independence ever since. Even the physical extravagance of LOVE came from a collective. That will continue with The Perfect Magazine. The core team is the same as LOVE’s, with the initial addition of Bryanboy because Grand sees his mastery of social media as an asset. But she says it feels different this time because she will be the one driving the bus. No Condé Nast overlords. And she’s changed, too. “During the Black Lives Matter marches in June, I was thinking I used to do this in Birmingham and that emotion coming back to me was so pivotal," she says. "And I was thinking, ‘Why haven’t you been on marches for 30 years?’ I want to work with people differently. And brands want to work differently, too. It’s impossible now to have a nice fashion shoot with a famous model.”
There’s no doubt the distinct political stance of Grand’s last LOVE issue will find its way into The Perfect Magazine. She compares the early '90s in the UK — poll tax riots, Section 28, AIDS — to the evolving nightmare of now. “No one really knows what’s going to happen, all people know is how they feel.” Monday morning, there’ll be the first editorial meeting and maybe there’ll be more shape to it all then. But she’s excited by the risk she’s about to take. It’s that old poser: Don’t ask, 'Why?' ask 'Why not?'
“I didn’t realise I had the guts to do this until 7 am last Saturday morning,” Grand says. “But there are a few things I know how to do and I don’t want to stop doing them.”
 
Condé Nast Puts Love’s Print Edition on Hold, Keeps Digital

LONDON — Condé Nast has put Love under strategic review, pausing the print publication and keeping the digital iteration of the title, WWD has learned.

The final print issue of the biannual will be No. 24, which was released over the summer. Love will retain members of the core team, including Harriet Verney and Soraya Lamari.

Condé is also understood to be looking at new opportunities around the magazine’s social media following of 1.5 million. The decision to resize Love comes as its founding editor in chief, Katie Grand, has departed the title, as has its publisher, Catherine Russell.

Love made its debut in February 2009, featuring Beth Ditto on the cover. The final issue had four covers, one of which featured Denise Sherry Balugo, photographed by her son, the New York-based photographer Jahmad Balugo.

Denise Balugo has been fighting stage-four metastatic breast cancer for the last three years, and her son took a series of portraits while he kept her company during lockdown in Los Angeles in June.

The portraits are accompanied by an interview where the photographer talks about the impact of COVID-19 and lockdown on his mother’s deteriorating health.

The recasting of Love comes amid a multifaceted crisis in print and digital media and layoffs at Condé and other organizations, exacerbated by the COVID-19 crisis.
 
^Lol they bragged so much about being always sold out but I guess it is easy to be sold out if you only have 20 copies to sell. It was suspicious that Katie left CN to just be independent. All these useless appointments: Ben Cobb, Olivier Volquarsen, Pierre M'Pélé who were so thrilled for a job they won't be able to do.
 
Just using the Katie Grand news to share the most awful fashion opinions of the week from what is presumably the new EIC of LOVE. Is he being paid off by Hedi or what?





 

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