The Business of Magazines

[mikel]

Imagine Anna Wintour going to work in New Jersey

 

[LMV]

any news on vogue scandinavia?

 

[slayage]

any news on vogue scandinavia?

I remember that there was once something about April 2021 on the EIC’s Instagram Story.

Maybe that’ll be their first issue or they’ll launch on April.

 

[vogue28]

Masha Fedorova leaves Vogue Russia:

 

[MON]

If the move means saving hundreds of jobs, by all means, Wyoming is waiting!

 

[Xone]

In two days the new Vogue Italia, this is the Talents supplement...so later today or tomorrow the February issue will be shown on their Instagram profile....crossing fingers

 

[Srdjan]

Elle Portugal is closing:

 

[velvetandsilk]

“Conde Nast is exploring taking office space in New Jersey”

LOL I never thought I’d see the day. This publication has been known for its Manhattan elitism just like Woody Allen for years. I mean, even Miranda from SATC only went to Brooklyn.~

They have over 100 million debt due to style.com fiasco.

 

[LoveFashion25]

They have over 100 million debt due to style.com fiasco.

Wow thats crazy!

 

[amby]

They have over 100 million debt due to style.com fiasco.

What happened with style.com?

 

[velvetandsilk]

What happened with style.com?

Few years ago they wanted transform online website (style.com) into high fashion online shop. Next they sold style.com shop to Farfetch because people didn't buy clothes from style.com. They invested 100 millions and lose. Probably they loan some money for invest from bank. Second problem is american ad market which change becaus designer prefer buy online ad and a lot of departamnet store stopped producing big catalog for magazine. The office in Manhattan belong to Conde Nast and they are starting rent for diffrent company.

 

[amby]

Few years ago they wanted transform online website (style.com) into high fashion online shop. Next they sold style.com shop to Farfetch because people didn't buy clothes from style.com. They invested 100 millions and lose. Probably they loan some money for invest from bank. Second problem is american ad market which change becaus designer prefer buy online ad and a lot of departamnet store stopped producing big catalog for magazine. The office in Manhattan belong to Conde Nast and they are starting rent for diffrent company.

Thank you!!

 

[Xone]

Hey guys any idea how much a model charge for an advertorial in a magazine or for social media? For a big brand?, or magazines still pay the low rate 100/200 Euro? Thanks for the help!

 

[MON]

Correct me if I'm wrong, but I just realized that Emmanuelle Alt's tenure is now longer than Carine's? Alt is now officially on her 10th year (started February 1, 2011)! Time flew by.

 

[Benn98]

Elle Portugal is closing:

Not surprised, they haven't been doing any original content in over a year. What's the point of a magazine filled with generic reprint content?

 

[Deleted member 141523]

Correct me if I'm wrong, but I just realized that Emmanuelle Alt's tenure is now longer than Carine's? Alt is now officially on her 10th year (started February 1, 2011)! Time flew by.

Yeap! Her first years were average, not bad, but not brilliant. VP started to look that good in 2017, the same year that Lord Voldemort and Edward Enninful became EIC, and near to the Weber/Testino/Demarchelier scandal. To quote Austin Power, they've lost their mojo, and VP got stronger among the rest. Alt is cool, the only critique is the lack of diversity on her covers.

 

[marsnoop2]

So did Bazaar Italia decide to forego ever having a print issue?

 

[caioherrero]

So did Bazaar Italia decide to forego ever having a print issue?

I think so...

 

[axiomatic]

https://nypost.com/2021/02/11/conde-nast-blasted-for-skipping-out-on-2-4m-in-rent-at-one-wtc/

The landlord for Conde Nast has blasted the glitzy publisher of Vogue, Vanity Fair and The New Yorker for withholding some $2.4 million in rent for its now largely vacant headquarters at One World Trade Center.

“Conde claiming that they cannot pay their rent while their parent company is reaping billions in the stock market is not credible,” said a spokesman for the Durst Organization.

As The Wall Street Journal reported earlier this week, the publisher has told the landlord it’s withholding January’s rent and that it could withhold rent for other months, too, as it seeks to reduce its square footage and its rent per square foot at the landmark office tower.

Conde’s parent company is Advance Publications, which is owned by the billionaire Newhouse family.

Advance is a large shareholder in Reddit, the chat forum at the center of last month’s bizarre rally in small stocks like GameStop. It recently doubled its valuation to $6 billion following a $250 million funding round.

It owns The Ironman Group behind triathlons of the same name is also “among the largest shareholders” in cable giant Charter Communications and TV network Discovery, its website said.

Conde Nast itself, however, is believed to be losing tens of millions of dollars as the pandemic has pummeled advertising.

The Post reported last summer that Conde Nast was scouting for a new location in midtown Manhattan. It was the anchor tenant at One WTC, where it leased over 1 million square feet, but had been subleasing some of the space as it downsized even before the COVID-19 pandemic forced it to vacate in March.

More recently, Bloomberg reported that the company was scouting sites across the river in New Jersey.

“Advance continues to be in discussions about bringing the lease in One WTC into line with current market conditions and its ongoing needs at that location,” said a spokeswoman. “We are also considering alternative solutions to address these requirements.”

 

[Deleted member 141523]

So did Bazaar Italia decide to forego ever having a print issue?

I would love to see that! I don't remember if this magazine hired the former art director of VI. You can see some L'Uomo guys working for Icon and they are making good stuff.