The Business of Magazines

[Benn98]

Media whispers this afternoon that long-time editor Dylan Jones is out at GQ and eyeing up a move to NewsUK.

source: Popbitch

Ugh, please let it not be true, but I wouldn't be surprised. I mean that Will Welch promotion was a slap in the face.

 

[MissMagAddict]

 

[caioherrero]

So Edward will be responsible for all European titles? That’s why Vogue Spain and Germany still without the EIC. Next one is Emmanuelle?

 

[conspicuousconsumer]

Heaven help us...this is just horrible. Why not just close the titles instead of consolidating? It is going to drive whoever is in charge crazy because they are going to have to appeal to different markets while also trying to be creative and let’s be honest look at the state fashion is in trying to please everyone that ever breathed. Just so defeating.

 

[MON]

Are they the ones resigning or is this CN’s choice to fire them? Cause even if you plan on a global leadership... someone still needs to be in charge. Take for example the Queen and the governor general. Someone must still be in charge!

it’s not like they’re cutting a huge expense... you still need to run a big expensive magazine with or without an EIC..

Also, why even bother having multiple country-based Vogues?

This move will expedite the death of Vogue worldwide.

 

[MDNA]

So Vogue Japan’s Mitsuko Watanabe needs to report to Vogue Taiwan’s Leslie Sun now???

 

[caioherrero]

So Vogue Japan’s Mitsuko Watanabe needs to report to Vogue Taiwan’s Leslie Sun now???

Where did u read this?

 

[MDNA]

Where did u read this?

Vogue editorial teams in the Asia-Pacific region (not including China and Russia) have been under the leadership of Vogue Taiwan editor Leslie Sun, according to sources with knowledge of the structure. She reports to Vogue’s global editorial director Anna Wintour, who was also promoted to become the publisher’s chief content officer in December.

BOF

 

[Xone]

This is gonna be a disaster, sooner or later they will see this big mistake. Where did this CN people studied management? in "Masterclass"? lol...

 

[caioherrero]

BOF

Can u post the article?

 

[MDNA]

Vogue India Editor-in-Chief to Exit Amid Continued Consolidation at Condé Nast

More editors-in-chief are expected to exit the publisher as it streamlines its operations, putting its largest titles under global and regional leadership.

By Chantal Fernandez

Priya Tanna has led the Mumbai-based fashion title since its launch in 2007. Now she is joining a growing group of international Vogue editors who have exited over the last six months as the company streamlines its operations and consolidates power in the hands of its New York-based leadership.

Vogue editorial teams in the Asia-Pacific region (not including China and Russia) have been under the leadership of Vogue Taiwan editor Leslie Sun, according to sources with knowledge of the structure. She reports to Vogue’s global editorial director Anna Wintour, who was also promoted to become the publisher’s chief content officer in December.

More editors-in-chief are expected to exit the publisher in the coming weeks as the consolidation shakes out, and at more titles than Vogue. BoF has learned that India’s Architectural Digest editor Greg Foster is also exiting his title.

Starting in April, some Condé Nast employees in the UK and Europe were notified their jobs were at risk of redundancy as part of the streamlining. In December, Natalia Gamero del Castillo was named managing director for Condé Nast in Europe and British Vogue editor Edward Enninful was named the European director the fashion title, overseeing French Vogue’s Emmanuelle Alt and Italian Vogue’s Emanuele Farneti, among others. (Vogue Germany’s Christiane Arp and Vogue Spain’s Eugenia de la Torriente exited at the end of last year).

As we continue to bring together our European business and transform our global operations, we are entering into a collective consultation process to evolve some of our teams, roles and capabilities,” said a representative for Condé Nast. “We are fully committed to supporting employees during this time.”

Vogue China’s Angelica Cheung also exited the company last November after 15 years. Wintour hired the 27-year-old Chinese Australian super-blogger Margaret Zhang to succeed her.

The consolidation is designed to cut costs and rethink the way Condé Nast manages its portfolio of titles, whose international editions have historically competed for advertising dollars, covers and features.

“We were certainly all very collegial ... but we did not collaborate,” Wintour told the Financial Times in April. Sources told the paper that Condé Nast will operate at a loss again in 2021, following several years of losses as the print publisher adapted to digital, but expects to break even in 2022 and see “double-digit operation profit margins” by 2024.

Almost all of the editors-in-chief that Condé Nast promoted to global roles are based in the US: Anna Wintour now oversees Vogue globally, GQ editor Will Welch oversees the men’s fashion title globally, Architectural Digest editor Amy Astley oversees the interior design title globally and Wired editor Gideon Lichfield oversees the tech title globally. Condé Nast Traveler is lead by the editor of its edition in India, Divia Thani.

In Europe, Italy’s Simone Marchetti leads Vanity Fair. Architectural Digest’s Germany editor Oliver Jahn, GQ Middle East’s editor Adam Baidawi and Condé Nast Traveler US’s editor Jesse Ashlock were also each named to deputy global editorial director roles.

Condé Nast owns and operates its publications in the US, France, Spain, Germany, India, Italy, Japan, Mexico and Latin America, Taiwan and UK, and operates its own titles in China through copyright cooperation. The rest of its international editions are operated as licenses with local publishers and are not impacted by this new structure.

BoF

 

[8eight]

Hearst UK are making a fifth of staff redundant
Hearst redundancies: Cosmopolitan publisher cuts 20% of UK workforce

 

[Benn98]

Hearst UK are making a fifth of staff redundant
Hearst redundancies: Cosmopolitan publisher cuts 20% of UK workforce

God, worst time for this to be happening. It's not as though they can just go to another magazine.

I'm not against the consolidation model. That said, Leslie's direction is unique in a way because Vogue Taiwan is very creative and at the same time very profitable in terms of advertising. But to even try and replicate that for Japan (and I'm assuming that's the intent here), won't work with Mitsuko and the Italian woman still in charge. That's not their brand. Maybe they're really trying to push her out?

How exactly is CN getting these EICs to exit? They don't have the money to offer massive severance packages, are they just not renewing contracts?

 

[MON]

How exactly is CN getting these EICs to exit? They don't have the money to offer massive severance packages, are they just not renewing contracts?

It really makes you wonder no? Is CN firing them? Are they being forced to resign? Did they just opt out of this mess? Cause even if there's a global/regional leadership, I'm 100% sure that CN is aware that someone still needs to run these magazines from the ground. A global/regional leader oversees the magazine, but someone still needs to be in charge of the nitty-gritty. It's not that hard to promote a deputy editor. The problem here is that they're maybe having a hard time finding EICs who're willing to be subordinated by a global/regional leader.

Leslie handles Asia-Pacific and reports to Anna.
Margaret Zhang handles China, was appointed by Anna, and reports to Anna.

I can see the US edition going the China route. Anna appoints her own replacement who will report to her in her capacity as Global Chief Content Officer, Artistic Director, and Global Editorial Director of Conde Nast.

There will come a time when US Vogue will no longer be by Anna, but under Anna.

Also, is it safe to assume that Dylan Jones' exist is related to Will Welch's appointment as GQ's Global Editorial Director?

Are we also getting an influx of resignations from GQ and Architectural Digest EICs pursuant to the appointment of Will Welch and Amy Astley? Find out!

 

[caioherrero]

Edward responds to Anna, right?

 

[Xone]

Even these countries are close by territory, they behave completely different from each other. or they expect to have Vogue ASiA, or Vogue Europe...it sounds like a joke but CN guys prove they can surprise us...

They gonna take the L'Officiel road...with lots of shared contents and some material or covers for the specific market they target.

I think they play with the EIC ego's so they don't have no choice but to leave by their own choice.

 

[Hafyiez wafa]

Soo No vogue India for May issue ?

 

[axiomatic]

Teen Vogue taps new top editor after Alexi McCammond blowback

Less than a month after its last editor-in-chief pick resigned over a series of controversial tweets, Teen Vogue has tapped Versha Sharma from NowThis News to be its new top editor.

Sharma has worked at NowThis since 2014, including most recently as managing editor of the self-described progressive social media-focused news organization. In addition to overseeing daily news, video and social platforms, she directed US election coverage over four election cycles, according to Conde Nast.

Although the digital Teen Vogue was conceived as a fashion magazine for teenagers, it increasingly veered into highly charged political coverage over the past four years and that bent is likely to continue. Sharma’s appointment takes effect on May 24, 2021.

“Versha is a natural leader with a global perspective and deep understanding of local trends and issues — from politics and activism to culture and fashion — and their importance to our audience,” said Anna Wintour, global editorial director of Vogue and chief content officer of Condé Nast. “She is a masterful storyteller who can move from platform to platform with ease, and I am excited by her optimistic and expansive vision for Teen Vogue.”

Of course, Wintour was equally enthusiastic about Axios political reporter Alexi McCammond when she was first picked to run Teen Vogue on March 5. McCammond resigned before she even started the new job following 13 days of intensifying furor over 10-year-old anti-Asian and homophobic tweets, triggering a staff revolt and widespread public backlash.

Prior to her appointment blowing up amid rising anti-Asian sentiment generally, McCammond had been considered a rising star journalist for her political coverage and trending social media feuds with everyone from Donald Trump to NBA legend Charles Barkley.

But even before her uncomfortable social media comments resurfaced, her appointment had been raising eyebrows due to her age, 27, and lack of management experience.

Initially Wintour and CEO Roger Lynch hoped to ride out the controversy by acknowledging that they were aware of the controversial tweets, for which McCammond has previously apologized.

She apologized once again in a futile bid to calm the waters before officially withdrawing from the post on March 18 — reopening a vacancy that was created in January when Lindsey Peoples Wagner jumped to the fashion vertical The Cut at New York magazine.

I suppose the new hire fits TV's direction

 

[TZ001]

Vogue Japan’s EIC out

 

[caioherrero]

I think Emmanuelle will leave after the anniversary issue