The Business of Magazines

I'm just reading an article on The Business of Fashion from April announcing that Kristina O'Neill is to depart from WSJ. Magazine in the summer, after over a decade as EIC of the magazine!

Why they are leaving, i saw her husband left too...
 
Edward Enninful to Step Away as British Vogue’s Editor-in-Chief Next Year

Enninful will transition to a new global advisory role, while ‘having the freedom to take on broader creative projects,’ he said in a memo to staff.

British Vogue is set to hire a new director of editorial content as Edward Enninful transitions to a global advisory role at Vogue, the fashion title said Friday.

In a new position as editorial advisor to British Vogue and global creative and cultural advisor of Vogue, Enninful will “contribute to the creative and cultural success of the Vogue brand globally, while having the freedom to take on broader creative projects,” he said in a memo to staff.

Enninful made history as Vogue’s first black editor-in-chief when he was named to lead the title’s British edition in 2017. As parent company Condé Nast eliminated editor-in-chief roles at most of Vogue’s international editions as part of a cost-cutting push, Enninful was the only editor-in-chief to hold onto his position (with the exception of worldwide chief content officer and global editorial director of Vogue Anna Wintour).

After a generation of leading stylists and fashion editors like Emmanuelle Alt (French Vogue) and Emanuele Farneti (Italian Vogue) were exited, the company hired a crop of younger, web-savvy (and less well-paid) heads of editorial content to steer Vogue’s European editions, reporting to Enninful. Working alongside Wintour and Condé Nast CEO Roger Lynch, Enninful sought to streamline editorial operations and harmonise the group’s content strategy across Europe.

Stay tuned to BoF for updates on this developing story.

Edward Enninful to Step Away as British Vogue’s Editor-in-Chief Next Year
 
Conde Nast could have prepared and foreseen the digital revolution in the 90’s.
Hearst on the other hand made 11 billion dollars through their websites and apps. Though Hearst has bigger audience reach through their entertainment divisions.
 
Thank you! <3 but i cannot read it bc im not subscribed. Anyone can post the article here? thanks

Print is dead. soon. For real.

Inside the WSJ. Succession Scandal

The somewhat surprising torpedoing of Kristina O’Neill sets into motion a cavalcade of questions about what’s next for the once-trailblazing fashion magazine, starting with: Is this the beginning of the end?
LAUREN SHERMAN

If there’s a plan to replace WSJ. magazine editor-in-chief Kristina O’Neill, who was sacked, to use a very British term, by new Wall Street Journal editor Emma Tucker last week, it’s not being shared with staffers, according to a number of people. Instead, Tucker’s missive is to “carry on” as usual.

In some ways, O’Neill’s Thursday morning meeting with Tucker—the first time they had met in person since the Murdoch-appointed editor arrived at the paper on Feb 1—didn’t come as a complete surprise. It was probably time for a change. Her 10-year run at WSJ., which she spun into a tasteful ode to Peter Lindbergh and chunky cashmere, made her a star in the declining world of fashion and magazines, with her name surfacing as a potential successor for Glenda Bailey at her alma mater Harper’s Bazaar and as an outside contender for Graydon Carter’s throne at Vanity Fair back in 2017.

But the world moves faster than it used to, and the 40-something generation of editors cycle in and out more quickly as tastes morph at warp speed. Tucker, who is British and was most recently stationed at The Sunday Times of London, certainly has her own idea of what a luxury supplement should look like. In the U.K., style supplements not only run on a skeleton staff of typically underpaid writers and editors (we’re talking £45k-a-year situations unless you’re at the top); they are also allowed to take free trips and gifts, which helps in developing relationships with press and advertisers. Essentially, they cost very little to operate and make a good amount. I was told by someone on the business side that WSJ. lost about $4 million in 2021, although that could have been a “Covid blip,” as one editorial staffer reminded me. (The magazine returned to profitability in 2022.)

One longtime WSJ. advertiser and I tried to do some back-of-the envelope math on how much the mag was generating overall, and deduced that they were probably bringing in at least $1.5 million for front-of-book advertising each month, so it’s unlikely they’ll stop producing the print product, even if brand interest has dulled a bit.

It’s also worth noting that Tucker’s husband is Peter Howarth, a former editor of British Esquire and a supporting character in the 1990s lad-mag boom in London. He’s been consulting for many years on these types of magazines, including the Luxx Report (what a name) men’s style issue at The Times as recently as this year. (A previous version of this story conflated The Times and The Sunday Times, which is my mistake. Howarth wasn’t working for Tucker at The Sunday Times, although the publications are owned by the same company and share a website.)

The timing of the change, however, does feel a little weird, given that the magazine has not closed the September issue, the most important driver of revenue for any fashion publication. And there was no funny business involved—unlike a few years ago, when two senior people, one in editorial and one in business, were fired for egregious expenses and accepting freebies. (I’m not going to name them here because they’ve been embarrassed enough!) I’m also told that several top executives on the revenue side were not aware that O’Neill was being dismissed.

As for what Tucker’s next move will be—she could truly just carry on, minus O’Neill’s salary, by promoting her deputy, Elisa Lipsky-Karasz, and digital director Sarah Ball, who lives in London and has access to the top brass on that side of the pond. From my end, NYT Styles editor Stella Bugbee is a clear choice, or the Financial TimesJo Ellison, although I doubt either is interested. (They both already have good, challenging, secure jobs.) I got some write-in votes for Matthew Schneier, currently a reporter for New York magazine and The Cut who is hugely talented and may be underutilized in his current role.

But I think the answer may lie with Howarth. My guess is that there will be no other staffing changes until the top job is filled.

puck.news
 
Print is dead. soon. For real.

Inside the WSJ. Succession Scandal

The somewhat surprising torpedoing of Kristina O’Neill sets into motion a cavalcade of questions about what’s next for the once-trailblazing fashion magazine, starting with: Is this the beginning of the end?
LAUREN SHERMAN

If there’s a plan to replace WSJ. magazine editor-in-chief Kristina O’Neill, who was sacked, to use a very British term, by new Wall Street Journal editor Emma Tucker last week, it’s not being shared with staffers, according to a number of people. Instead, Tucker’s missive is to “carry on” as usual.

In some ways, O’Neill’s Thursday morning meeting with Tucker—the first time they had met in person since the Murdoch-appointed editor arrived at the paper on Feb 1—didn’t come as a complete surprise. It was probably time for a change. Her 10-year run at WSJ., which she spun into a tasteful ode to Peter Lindbergh and chunky cashmere, made her a star in the declining world of fashion and magazines, with her name surfacing as a potential successor for Glenda Bailey at her alma mater Harper’s Bazaar and as an outside contender for Graydon Carter’s throne at Vanity Fair back in 2017.

But the world moves faster than it used to, and the 40-something generation of editors cycle in and out more quickly as tastes morph at warp speed. Tucker, who is British and was most recently stationed at The Sunday Times of London, certainly has her own idea of what a luxury supplement should look like. In the U.K., style supplements not only run on a skeleton staff of typically underpaid writers and editors (we’re talking £45k-a-year situations unless you’re at the top); they are also allowed to take free trips and gifts, which helps in developing relationships with press and advertisers. Essentially, they cost very little to operate and make a good amount. I was told by someone on the business side that WSJ. lost about $4 million in 2021, although that could have been a “Covid blip,” as one editorial staffer reminded me. (The magazine returned to profitability in 2022.)

One longtime WSJ. advertiser and I tried to do some back-of-the envelope math on how much the mag was generating overall, and deduced that they were probably bringing in at least $1.5 million for front-of-book advertising each month, so it’s unlikely they’ll stop producing the print product, even if brand interest has dulled a bit.

It’s also worth noting that Tucker’s husband is Peter Howarth, a former editor of British Esquire and a supporting character in the 1990s lad-mag boom in London. He’s been consulting for many years on these types of magazines, including the Luxx Report (what a name) men’s style issue at The Times as recently as this year. (A previous version of this story conflated The Times and The Sunday Times, which is my mistake. Howarth wasn’t working for Tucker at The Sunday Times, although the publications are owned by the same company and share a website.)

The timing of the change, however, does feel a little weird, given that the magazine has not closed the September issue, the most important driver of revenue for any fashion publication. And there was no funny business involved—unlike a few years ago, when two senior people, one in editorial and one in business, were fired for egregious expenses and accepting freebies. (I’m not going to name them here because they’ve been embarrassed enough!) I’m also told that several top executives on the revenue side were not aware that O’Neill was being dismissed.

As for what Tucker’s next move will be—she could truly just carry on, minus O’Neill’s salary, by promoting her deputy, Elisa Lipsky-Karasz, and digital director Sarah Ball, who lives in London and has access to the top brass on that side of the pond. From my end, NYT Styles editor Stella Bugbee is a clear choice, or the Financial TimesJo Ellison, although I doubt either is interested. (They both already have good, challenging, secure jobs.) I got some write-in votes for Matthew Schneier, currently a reporter for New York magazine and The Cut who is hugely talented and may be underutilized in his current role.

But I think the answer may lie with Howarth. My guess is that there will be no other staffing changes until the top job is filled.

puck.news

Thanks for sharing....terrible
 
Anyone know what happened to L'Officiel Mexico? the web works but i think there is no more print issues...i've try to search for news but nothing...
 
Anyone know what happened to L'Officiel Mexico? the web works but i think there is no more print issues...i've try to search for news but nothing...
I think its closed or relaunching because Javier Quesada who was the EIC shows that he left the magazine in April of this year on his LinkedIn
 
Carine is launching a new book for the 10th anniversary of CR Fashion Book called "Fantasies: Carine Roitfeld Fashion Book"...funny thing that they still mention her as Bazaar 's Global Fashion Director...

Book - Rizzoli New York
 
Ah ok...too bad for them....
Pamela Ocampo and Gustavo García Vila (first EIC and Creative Director) left a mess with the work and budget assigned for the issues, after they left (in not a good terms), they hired former HB EIC Brenda Díaz de la Vega but she stayed a few months only, as far as I know, they never recovered of what the first team did.
 

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