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Wikipedia

Condé Nast

May 04, 2023

This article is about the media company. For the founder, see Condé Montrose Nast. For other uses, see Condé Nast (disambiguation).

Condé Nast (/ˌkɒndeɪˈnæst/) is a global mass media company founded in 1909 by Condé Montrose Nast (1873–1942), and owned by Advance Publications.[1] Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan.

Condé Nast
TypeSubsidiary
IndustryMass media
Founded1909; 114 years ago (1909)
FounderCondé Montrose Nast
HeadquartersOne World Trade Center
New York City 10007
U.S.
Area served
Worldwide
Key people
ProductsMagazines
ParentAdvance Publications
SubsidiariesCondé Nast Entertainment
Pitchfork
Websitecondenast.com

The company's media brands attract more than 72 million consumers in print, 394 million in digital and 454 million across social platforms. These include Vogue, The New Yorker, Condé Nast Traveler, GQ, Glamour, Architectural Digest, Vanity Fair, Pitchfork, Wired, and Bon Appétit, among many others. US Vogue editor-in-chief Anna Wintour serves as Artistic Director and Global Chief Content Officer. In 2011, the company launched the Condé Nast Entertainment division, tasked with developing film, television, social and digital video, and virtual reality content.

History

 
One World Trade Center, the Manhattan headquarters of the company

The company traces its roots to 1909, when Condé Montrose Nast, a New York City-born publisher, purchased Vogue, a printed magazine launched in 1892 as a New York weekly journal of society and fashion news.[2]

Nast initially published the magazine under the corporate name Vogue Company. In 1922, he incorporated Condé Nast Publications as the holding company for his interests.[3] Nast had a flair for nurturing elite readers as well as advertisers and upgraded Vogue, sending the magazine on its path of becoming a top haute couture fashion authority. Eventually, Nast's portfolio expanded to include House & Garden, Vanity Fair (briefly known as Dress and Vanity Fair), Glamour, and American Golfer, published from 1908–1920.[4] The company also introduced British Vogue in 1916, and Condé Nast became the first publisher of an overseas edition of an existing magazine.

Condé Nast is largely considered to be the originator of the "class publication", a type of magazine focused on a particular social group or interest instead of targeting the largest possible readership.[5] Its magazines focus on a wide range of subjects, including travel, food, home, and culture, with fashion the larger portion of the company's focus.

Nast opened a printing facility in Old Greenwich, Connecticut in 1924 but closed in 1964 to make way for more centrally located sites capable of producing higher volumes.[6][7] During the Great Depression, Condé Nast introduced innovative typography, design, and color. Vogue's first full color photograph by Edward Steichen was featured on the cover in 1932, marking the year when Condé Nast began replacing fashion drawings on covers with photo illustrations―an innovative move at the time.[8] Glamour, launched in 1939, was the last magazine personally introduced to the company by Nast, who died in 1942.[9]

In 1959, Samuel I. Newhouse bought Condé Nast for US$5 million as an anniversary gift for his wife Mitzi, who loved Vogue.[10] He merged it with the privately held holding company Advance Publications. His son, S. I. Newhouse, Jr., known as "Si," became chairman of Condé Nast in 1975.[11]

Under Newhouse, Condé Nast acquired Brides in 1959,[12] revived Vanity Fair in 1983 after it was shuttered in 1936,[13] and launched the new publication Self in 1979.[14]

2000–2009

At the outset of the new millennium in January 2000, Condé Nast moved from 350 Madison Avenue to 4 Times Square.[15] The move was viewed as a significant catalyst for the gentrification of Times Square.[16] In the same year, Condé Nast purchased Fairchild Publications[17] (now known as Fairchild Fashion Media), home to W and WWD, from the Walt Disney Company. In 2001, Condé Nast bought Golf Digest and Golf World from The New York Times Company for US$435 million.[18] On October 31, 2006, Condé Nast acquired the content aggregation site Reddit,[19] later on spun off as a wholly owned subsidiary of Condé Nast in September 2011.

The company folded the women's magazine Jane with its August issue in 2007, and later shut down its website.[20] One of Condé Nast's oldest titles, the American edition of House and Garden, ceased publication after the December 2007 issue.[21] Portfolio, Mademoiselle and Domino were folded as well. On May 20, 2008, the company announced its acquisition of a popular technology-oriented website, Ars Technica.

On October 5, 2009, Condé Nast announced the closure of three of its publications: Cookie, Modern Bride, and Elegant Bride.[22] Gourmet ceased monthly publication with its November 2009 issue; the Gourmet brand was later resurrected as "Gourmet Live", an iPad app that delivers new editorial content in the form of recipes, interviews, stories, and videos. In print, Gourmet continues in the form of special editions on newsstands and cookbooks.

On February 18, 2009 Condé Nast announced the launch of Love magazine, a bi-annual British style magazine founded by fashion journalist Katie Grand. In 2020, Grand announced her departure and was replaced by Whembley Sewell.[citation needed]

2010–2020

In July 2010, Robert Sauerberg became Condé Nast's president. In May 2011, the company was the first major publisher to deliver subscriptions for the iPad, starting with The New Yorker; the company has since rolled out iPad subscriptions for nine of its titles. In the same month, Next Issue Media, a joint venture formed by five U.S. publishers including Condé Nast, announced subscriptions for Android devices, initially available for the Samsung Galaxy Tab.[23]

In September 2011, Condé Nast said it would offer 17 of its brands to the Kindle Fire.[24] The company launched Conde Nast Entertainment in 2011 to develop film, television, and digital video programming. In May 2013, CNÉ's Digital Video Network debuted, featuring web series for such publications as Glamour and GQ.[25] Wired joined the Digital Video Network with the announcement of five original web series including the National Security Agency satire Codefellas and the animated advice series Mister Know-It-All.[26][27]

In October 2013, the company ended its internship program after being sued by two former interns claiming they had been paid less than minimum wage for summer internships there.[28][29] In November 2014, the company moved into One World Trade Center in Manhattan, where its headquarters are now located.[30] On September 14, 2015, the company announced Sauerberg as its new CEO, with former CEO Charles H. Townsend taking the role of Chairman, and S. I. Newhouse Jr. taking the role of Chairman Emeritus in January 2016.[31] On October 13, 2015, Condé Nast announced that it had acquired Pitchfork.[32]

In July 2016, the company announced the launch of Condé Nast Spire, a new division of the company focusing on consumer purchasing data and content consumption through the company's own first-party behavioral data.[33] The Chairman of the company, Charles Townsend, retired at the end of 2016,[34] and the Chairman Emeritus Newhouse died the following October.[35]

In March 2018, Condé Nast announced the launch of the influencer-based platform Next Gen.[36] The company's Chief Revenue and Marketing Officer, Pamela Drucker Mann, stated that the platform would feature both "in-house and external talent with significant and meaningful social followings". In April 2019, Condé Nast appointed the former CEO of Pandora Media, Roger Lynch, as the company's first global CEO.[why?] It also sold the magazine Brides to the digital media company Dotdash, and in May of the same year, announced the sale of Golf Digest to Discovery, Inc.[37] In June of the same year, Condé Nast sold W to a new holding company, Future Media Group.[38][39] W editor Stefano Tonchi later sued the company for wrongful termination, with Condé Nast suing Tonchi in response, seeking the return of "all monies paid to [Tonchi] during his period of disloyalty", claiming that he had acted as a "faithless servant" during the sale of W, and had interfered with the sale to benefit himself.[40]

Roger Lynch was appointed chief executive officer in April 2019, and in October 2019, announced plans to increase Condé Nast's revenue from readers.[41][42]

In June 2020, following the global outbreak of the coronavirus COVID-19, it was reported that Condé Nast had experienced a drop in advertising revenues of 45% as a result of the pandemic. It was also reported that the company had, in previous years, sublet six of the company's 23 floors in the One World Trade Center, following the cancellation of a number of its publishing titles.[43]

Current US publications and digital assets

Print

Digital

Defunct publications

Mergers and acquisitions

Acquisitions

Date Company Business Country Value (USD) References
December 30, 1987 Signature Magazine[note 1] Magazine   United States — [46]
November 30, 1988 Woman[note 2] Magazine   United States $10,000,000 [47]
June 25, 1990 Cook's[note 3] Magazines   United States — [48]
April 22, 1992 K-III Magazines-Magazine Sub[note 4] Subscriber lists   United States — [49]
April 20, 1993 Knapp Communications Magazines   United States $175,000,000 [50]
June 12, 1998 Wired Magazine[note 5] Magazines   United States $90,000,000 [51]
January 8, 2000 Fairchild Publications[note 6] Magazines and newspapers   United States $650,000,000 [52]
September 5, 2001 Johansens [note 7] Accommodation guides   United States — [53]
February 28, 2002 Modern Bride Group[note 8] Magazines   United States $52,000,000 [54]
March 28, 2002 Ideas Publishing Group[note 9] Publishing   United States — [55]
July 11, 2006 Lycos Inc-Wired News[note 10] Online news   United States $25,000,000 [56]
July 20, 2006 Nutrition Data Internet service provider   United States — [57]
October 31, 2006 Reddit Social news   United States — [58]
April 23, 2008 SFO*Media Web sites   United States — [59]
May 20, 2008 Ars Technica Web sites   United States — [60]
April 11, 2012 ZipList Web sites & Mobile Apps   United States — [61]
October 13, 2015 Pitchfork Web sites   United States — [32]

Stakes

Date Company Business Country Value (USD) References
November 29, 1988 Wagadon[note 11] Magazines   United States — [62]
January 19, 1994 Wired Magazine Magazines   United States — [63]
January 17, 2001 Ideas Publishing Group[note 12] Publishing   United States — [64]

See also

Notes

  1. ^ Citicorp-Signature Magazine was acquired from Citigroup.
  2. ^ Harris Publications-Woman was acquired from Harris Publications.
  3. ^ Pennington Publishing-Cook's was acquired from Bonnier AB.
  4. ^ K-III Magazines-Magazine Sub was acquired from Primedia.
  5. ^ Wired Magazine was acquired from Telefonica.
  6. ^ Fairchild Publications was acquired from The Walt Disney Company.
  7. ^ Johansens, the parent company of Daily Mail, was acquired from Rothermere Investments.
  8. ^ Modern Bride Group was acquired from Primedia.
  9. ^ Ideas Publishing Group was acquired from Advance Publications.
  10. ^ Lycos Inc-Wired News was acquired from Telefonica.
  11. ^ Conde Nast Publications acquired a 40% interest in Wagadon.
  12. ^ Conde Nast Publications acquired a majority interest in Ideas Publishing Group.

References

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  2. ^ A Brief History of the Condé Nast Publications, New York: CNP, 1993.
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  5. ^ . Library of Congress. November 9, 2010. Archived from the original on February 10, 2012. Retrieved November 2, 2011.
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  8. ^ . NYTimes.com. December 3, 2006. Archived from the original on February 25, 2012. Retrieved November 3, 2011.
  9. ^ Sumner, David E. (2010). The Magazine Century: American Magazines Since 1900. Peter Lang. ISBN 9781433104930. from the original on 2018-03-03. Retrieved 2018-03-02.
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  11. ^ "Si Newhouse of Advance Publications, Conde Nast dies at 89". al. Associated Press. 2017-10-01. from the original on 2019-10-01. Retrieved 2019-10-01.
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  13. ^ Salmans, Sandra (1983-02-06). "Courting the Elite at Conde Nast". The New York Times. ISSN 0362-4331. from the original on 2017-08-04. Retrieved 2019-10-01.
  14. ^ Journal, Wendy BoundsStaff Reporter of The Wall Street (1999-06-23). "Conde Nast's Udell to Step Down As Self Magazine's Editor in Fall". The Wall Street Journal. ISSN 0099-9660. from the original on 2019-10-01. Retrieved 2019-10-01.
  15. ^ Bagli, Charles. . The New York Times. June 6, 1999. Archived from the original on November 16, 2012. Retrieved November 3, 2011.
  16. ^ Agovino, Theresa. . Crain's New York. June 6, 1999. Archived from the original on September 3, 2011. Retrieved November 3, 2011.
  17. ^ Kuczynski, Alex. . The New York Times. August 20, 1999. Archived from the original on March 10, 2013. Retrieved November 3, 2011.
  18. ^ Condé Nast Redesigns Its Future 2018-09-26 at the Wayback Machine, The New York Times, 26 October 2003
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  22. ^ N; P; R (2009-10-05). "Conde Nast Closing 'Gourmet,' 3 Other Magazines". NPR. from the original on 2022-04-13. Retrieved 2022-04-13.
  23. ^ Kaplan, David. . PaidContent. June 29, 2011. Archived from the original on September 14, 2011. Retrieved November 3, 2011.
  24. ^ Vranica, Suzanne. "Magazines Join With New Tablet Challenger". The Wall Street Journal. September 29, 2011. from the original on 2015-03-17. Retrieved November 3, 2011.
  25. ^ Tatiana Siegel (May 12, 2013). "Conde Nast Launches Digital Video Network – The Hollywood Reporter". The Hollywood Reporter. from the original on 2013-05-20. Retrieved June 23, 2013.
  26. ^ Erik Hayden (May 15, 2013). "Conde Nast Entertainment Launches 'Wired' Video Channel". The Hollywood Reporter. from the original on 2013-06-24. Retrieved June 23, 2013.
  27. ^ Erik Maza (May 2, 2013). "Condé Entertainment Previews Video Channels for Vogue, Wired and Vanity Fair". Women's Wear Daily. from the original on 2013-06-24. Retrieved June 23, 2013.
  28. ^ Buckley, Cara (Oct 23, 2013). "Sued Over Pay, Condé Nast Ends Internship Program". The New York Times. from the original on 2017-05-06. Retrieved 2017-02-15.
  29. ^ "Why Condé Nast Felt It Had To Stop Using Interns". Forbes. October 24, 2013. from the original on 2017-07-22. Retrieved 2017-08-26.
  30. ^ "Condé Nast Colonizes Lower Manhattan". The New York Times. 2015-09-30. ISSN 0362-4331. from the original on 2018-03-03. Retrieved 2018-03-02.
  31. ^ Somaiya, Ravi (September 14, 2015). "Condé Nast Names Robert Sauerberg New C.E.O." The New York Times. from the original on 2015-09-17. Retrieved September 14, 2015.
  32. ^ a b Somaiya, Ravi (13 October 2015). "Condé Nast Buys Pitchfork Media". The New York Times. from the original on 2017-10-08. Retrieved 13 October 2015.
  33. ^ Emma Bazilian (26 July 2016). "Condé Nast Is Connecting Media Consumption and Purchase Data to Improve Branded Content". Adweek. from the original on 2016-07-27. Retrieved 28 July 2016.
  34. ^ Steigrad, Alexandra (2016-11-01). "Charles Townsend Retires from Condé Nast as Chairman". WWD. from the original on 2021-03-22. Retrieved 2021-03-19.
  35. ^ Kandell, Jonathan (2017-10-01). "S.I. Newhouse Jr., Who Turned Condé Nast Into a Magazine Powerhouse, Dies at 89". The New York Times. ISSN 0362-4331. Archived from the original on 2017-10-01. Retrieved 2021-05-18.
  36. ^ "Condé Nast Influencer Platform: 'Journalism' for Cash?". Ikon London Magazine. 2 March 2018. from the original on 24 May 2018. Retrieved 3 March 2018.
  37. ^ Spangler, Todd (May 13, 2019). "Discovery Buys Golf Digest From Condé Nast for $30 Million". Variety. from the original on May 16, 2019. Retrieved May 13, 2019.
  38. ^ Siegler, Mara (2019-08-14). "Condé Nast slams former W editor Tonchi as 'faithless' extortionist". Page Six. from the original on 2021-04-25. Retrieved 2021-03-19.
  39. ^ Hays, Kali (2019-08-13). "Condé Nast Hits Back Hard at Stefano Tonchi's W Magazine Lawsuit". WWD. from the original on 2021-03-03. Retrieved 2021-03-19.
  40. ^ "Condé Nast Calls Stefano Tonchi a "Faithless Servant" and Sues". Daily Front Row. 2019-08-13. from the original on 2021-01-28. Retrieved 2021-03-19.
  41. ^ . Anyword. 2018-02-23. Archived from the original on 2022-04-13. Retrieved 2022-04-13.
  42. ^ "Condé Nast veut développer les revenus issus des lecteurs". Le Figaro. Le Figaro. October 2019. from the original on 14 January 2020. Retrieved 14 January 2020.
  43. ^ Helmore, Edward (13 June 2020). "Can Anna Wintour survive fashion's reckoning with racism?". The Guardian. from the original on 13 June 2020. Retrieved 13 June 2020.
  44. ^ "The world of Hibernia" 2012-04-07 at the Wayback Machine. National Library of Ireland Catalog.
  45. ^ "Bad tidings; it is the end of the World of Hibernia – Independent.ie". from the original on 2016-12-20. Retrieved 2016-12-12.
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  49. ^ "Conde Nast Publications Inc acquires K-III Magazines-Magazine Sub from Primedia Inc (1992/04/22)". Thomson Financial. Archived from the original on July 20, 2012. Retrieved October 28, 2008.
  50. ^ "Conde Nast Publications Inc acquires Knapp Communications Corp (1993/04/20)". Thomson Financial. Archived from the original on July 22, 2012. Retrieved October 28, 2008.
  51. ^ "Conde Nast Publications Inc acquires Wired Magazine(Wired Ventures) from Telefonica SA (1998/06/12)". Thomson Financial. Archived from the original on July 17, 2012. Retrieved October 28, 2008.
  52. ^ "Conde Nast Publications Inc acquires Fairchild Publications Inc from Walt Disney Co (1999/12/01)". Thomson Financial. Archived from the original on July 16, 2012. Retrieved October 28, 2008.
  53. ^ "Conde Nast Publications Inc acquires Johansens Ltd(Daily Mail) from Rothermere Investments Ltd (2001/09/05)". Thomson Financial. Archived from the original on July 16, 2012. Retrieved October 28, 2008.
  54. ^ "Conde Nast Publications Inc acquires Modern Bride Group(Primedia) from Primedia Inc (2002/02/28)". Thomson Financial. Archived from the original on July 16, 2012. Retrieved October 28, 2008.
  55. ^ "Conde Nast Publications Inc acquires remaining interest in Ideas Publishing Group from Advance Publications Inc (2002/03/28)". Thomson Financial. Archived from the original on July 30, 2012. Retrieved October 28, 2008.
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  57. ^ . Thomson Financial. Archived from the original on August 28, 2010. Retrieved October 28, 2008.
  58. ^ "Breaking News: Condé Nast/Wired Acquires Reddit (2006/10/31)". TechCrunch. 31 October 2006. from the original on 2006-11-17. Retrieved October 31, 2006.
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  62. ^ . Thomson Financial. Archived from the original on June 29, 2021. Retrieved October 28, 2008.
  63. ^ . Thomson Financial. Archived from the original on October 18, 2010. Retrieved October 28, 2008.
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External links

  • Condé Nast homepage
  • Condé Nast Middle East homepage

May 04, 2023
condé, nast, this, article, about, media, company, founder, condé, montrose, nast, other, uses, disambiguation, global, mass, media, company, founded, 1909, condé, montrose, nast, 1873, 1942, owned, advance, publications, headquarters, located, world, trade, c. This article is about the media company For the founder see Conde Montrose Nast For other uses see Conde Nast disambiguation Conde Nast ˌ k ɒ n d eɪ ˈ n ae s t is a global mass media company founded in 1909 by Conde Montrose Nast 1873 1942 and owned by Advance Publications 1 Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan Conde NastTypeSubsidiaryIndustryMass mediaFounded1909 114 years ago 1909 FounderConde Montrose NastHeadquartersOne World Trade CenterNew York City 10007U S Area servedWorldwideKey peopleRoger Lynch Chief executive officer Anna Wintour Artistic Director Global Chief Content Officer ProductsMagazinesParentAdvance PublicationsSubsidiariesConde Nast EntertainmentPitchforkWebsitecondenast wbr comThe company s media brands attract more than 72 million consumers in print 394 million in digital and 454 million across social platforms These include Vogue The New Yorker Conde Nast Traveler GQ Glamour Architectural Digest Vanity Fair Pitchfork Wired and Bon Appetit among many others US Vogue editor in chief Anna Wintour serves as Artistic Director and Global Chief Content Officer In 2011 the company launched the Conde Nast Entertainment division tasked with developing film television social and digital video and virtual reality content Contents 1 History 1 1 2000 2009 1 2 2010 2020 2 Current US publications and digital assets 2 1 Print 2 2 Digital 3 Defunct publications 4 Mergers and acquisitions 4 1 Acquisitions 4 2 Stakes 5 See also 6 Notes 7 References 8 External linksHistory Edit One World Trade Center the Manhattan headquarters of the company The company traces its roots to 1909 when Conde Montrose Nast a New York City born publisher purchased Vogue a printed magazine launched in 1892 as a New York weekly journal of society and fashion news 2 Nast initially published the magazine under the corporate name Vogue Company In 1922 he incorporated Conde Nast Publications as the holding company for his interests 3 Nast had a flair for nurturing elite readers as well as advertisers and upgraded Vogue sending the magazine on its path of becoming a top haute couture fashion authority Eventually Nast s portfolio expanded to include House amp Garden Vanity Fair briefly known as Dress and Vanity Fair Glamour and American Golfer published from 1908 1920 4 The company also introduced British Vogue in 1916 and Conde Nast became the first publisher of an overseas edition of an existing magazine Conde Nast is largely considered to be the originator of the class publication a type of magazine focused on a particular social group or interest instead of targeting the largest possible readership 5 Its magazines focus on a wide range of subjects including travel food home and culture with fashion the larger portion of the company s focus Nast opened a printing facility in Old Greenwich Connecticut in 1924 but closed in 1964 to make way for more centrally located sites capable of producing higher volumes 6 7 During the Great Depression Conde Nast introduced innovative typography design and color Vogue s first full color photograph by Edward Steichen was featured on the cover in 1932 marking the year when Conde Nast began replacing fashion drawings on covers with photo illustrations an innovative move at the time 8 Glamour launched in 1939 was the last magazine personally introduced to the company by Nast who died in 1942 9 In 1959 Samuel I Newhouse bought Conde Nast for US 5 million as an anniversary gift for his wife Mitzi who loved Vogue 10 He merged it with the privately held holding company Advance Publications His son S I Newhouse Jr known as Si became chairman of Conde Nast in 1975 11 Under Newhouse Conde Nast acquired Brides in 1959 12 revived Vanity Fair in 1983 after it was shuttered in 1936 13 and launched the new publication Self in 1979 14 2000 2009 Edit At the outset of the new millennium in January 2000 Conde Nast moved from 350 Madison Avenue to 4 Times Square 15 The move was viewed as a significant catalyst for the gentrification of Times Square 16 In the same year Conde Nast purchased Fairchild Publications 17 now known as Fairchild Fashion Media home to W and WWD from the Walt Disney Company In 2001 Conde Nast bought Golf Digest and Golf World from The New York Times Company for US 435 million 18 On October 31 2006 Conde Nast acquired the content aggregation site Reddit 19 later on spun off as a wholly owned subsidiary of Conde Nast in September 2011 The company folded the women s magazine Jane with its August issue in 2007 and later shut down its website 20 One of Conde Nast s oldest titles the American edition of House and Garden ceased publication after the December 2007 issue 21 Portfolio Mademoiselle and Domino were folded as well On May 20 2008 the company announced its acquisition of a popular technology oriented website Ars Technica On October 5 2009 Conde Nast announced the closure of three of its publications Cookie Modern Bride and Elegant Bride 22 Gourmet ceased monthly publication with its November 2009 issue the Gourmet brand was later resurrected as Gourmet Live an iPad app that delivers new editorial content in the form of recipes interviews stories and videos In print Gourmet continues in the form of special editions on newsstands and cookbooks On February 18 2009 Conde Nast announced the launch of Love magazine a bi annual British style magazine founded by fashion journalist Katie Grand In 2020 Grand announced her departure and was replaced by Whembley Sewell citation needed 2010 2020 Edit In July 2010 Robert Sauerberg became Conde Nast s president In May 2011 the company was the first major publisher to deliver subscriptions for the iPad starting with The New Yorker the company has since rolled out iPad subscriptions for nine of its titles In the same month Next Issue Media a joint venture formed by five U S publishers including Conde Nast announced subscriptions for Android devices initially available for the Samsung Galaxy Tab 23 In September 2011 Conde Nast said it would offer 17 of its brands to the Kindle Fire 24 The company launched Conde Nast Entertainment in 2011 to develop film television and digital video programming In May 2013 CNE s Digital Video Network debuted featuring web series for such publications as Glamour and GQ 25 Wired joined the Digital Video Network with the announcement of five original web series including the National Security Agency satire Codefellas and the animated advice series Mister Know It All 26 27 In October 2013 the company ended its internship program after being sued by two former interns claiming they had been paid less than minimum wage for summer internships there 28 29 In November 2014 the company moved into One World Trade Center in Manhattan where its headquarters are now located 30 On September 14 2015 the company announced Sauerberg as its new CEO with former CEO Charles H Townsend taking the role of Chairman and S I Newhouse Jr taking the role of Chairman Emeritus in January 2016 31 On October 13 2015 Conde Nast announced that it had acquired Pitchfork 32 In July 2016 the company announced the launch of Conde Nast Spire a new division of the company focusing on consumer purchasing data and content consumption through the company s own first party behavioral data 33 The Chairman of the company Charles Townsend retired at the end of 2016 34 and the Chairman Emeritus Newhouse died the following October 35 In March 2018 Conde Nast announced the launch of the influencer based platform Next Gen 36 The company s Chief Revenue and Marketing Officer Pamela Drucker Mann stated that the platform would feature both in house and external talent with significant and meaningful social followings In April 2019 Conde Nast appointed the former CEO of Pandora Media Roger Lynch as the company s first global CEO why It also sold the magazine Brides to the digital media company Dotdash and in May of the same year announced the sale of Golf Digest to Discovery Inc 37 In June of the same year Conde Nast sold W to a new holding company Future Media Group 38 39 W editor Stefano Tonchi later sued the company for wrongful termination with Conde Nast suing Tonchi in response seeking the return of all monies paid to Tonchi during his period of disloyalty claiming that he had acted as a faithless servant during the sale of W and had interfered with the sale to benefit himself 40 Roger Lynch was appointed chief executive officer in April 2019 and in October 2019 announced plans to increase Conde Nast s revenue from readers 41 42 In June 2020 following the global outbreak of the coronavirus COVID 19 it was reported that Conde Nast had experienced a drop in advertising revenues of 45 as a result of the pandemic It was also reported that the company had in previous years sublet six of the company s 23 floors in the One World Trade Center following the cancellation of a number of its publishing titles 43 Current US publications and digital assets EditPrint Edit Architectural Digest Bon Appetit Conde Nast Traveler GQ The New Yorker Vanity Fair Vogue WiredDigital Edit Allure Ars Technica Backchannel Epicurious Glamour Pitchfork Reddit them Teen Vogue Self Love La Cucina ItalianaDefunct publications Edit American Golfer Cargo Cookie Details Elegant Bride Golf for Women Golf Digest Gourmet Jane Lucky Mademoiselle Men s Vogue Modern Bride NowManifest blog Portfolio Magazine Style com Vitals Men Vitals Women World of Hibernia 44 45 WomenSports YMMergers and acquisitions EditAcquisitions Edit Date Company Business Country Value USD ReferencesDecember 30 1987 Signature Magazine note 1 Magazine United States 46 November 30 1988 Woman note 2 Magazine United States 10 000 000 47 June 25 1990 Cook s note 3 Magazines United States 48 April 22 1992 K III Magazines Magazine Sub note 4 Subscriber lists United States 49 April 20 1993 Knapp Communications Magazines United States 175 000 000 50 June 12 1998 Wired Magazine note 5 Magazines United States 90 000 000 51 January 8 2000 Fairchild Publications note 6 Magazines and newspapers United States 650 000 000 52 September 5 2001 Johansens note 7 Accommodation guides United States 53 February 28 2002 Modern Bride Group note 8 Magazines United States 52 000 000 54 March 28 2002 Ideas Publishing Group note 9 Publishing United States 55 July 11 2006 Lycos Inc Wired News note 10 Online news United States 25 000 000 56 July 20 2006 Nutrition Data Internet service provider United States 57 October 31 2006 Reddit Social news United States 58 April 23 2008 SFO Media Web sites United States 59 May 20 2008 Ars Technica Web sites United States 60 April 11 2012 ZipList Web sites amp Mobile Apps United States 61 October 13 2015 Pitchfork Web sites United States 32 Stakes Edit Date Company Business Country Value USD ReferencesNovember 29 1988 Wagadon note 11 Magazines United States 62 January 19 1994 Wired Magazine Magazines United States 63 January 17 2001 Ideas Publishing Group note 12 Publishing United States 64 See also EditConde Nast union Genwi 2011 launch of Conde Nast s The Daily W appNotes Edit Citicorp Signature Magazine was acquired from Citigroup Harris Publications Woman was acquired from Harris Publications Pennington Publishing Cook s was acquired from Bonnier AB K III Magazines Magazine Sub was acquired from Primedia Wired Magazine was acquired from Telefonica Fairchild Publications was acquired from The Walt Disney Company Johansens the parent company of Daily Mail was acquired from Rothermere Investments Modern Bride Group was acquired from Primedia Ideas Publishing Group was acquired from Advance Publications Lycos Inc Wired News was acquired from Telefonica Conde Nast Publications acquired a 40 interest in Wagadon Conde Nast Publications acquired a majority interest in Ideas Publishing Group References Edit Advance Publications Forbes Archived from the original on 3 November 2021 Retrieved 3 November 2021 A Brief History of the Conde Nast Publications New York CNP 1993 Brown Marianne 20 June 2017 Conde Nast 1040 Park Avenue Home Work amp Play LinkedIn Archived from the original on 3 November 2021 Retrieved 3 November 2021 American Golfer Magazine 1908 1920 golfclubatlas com Archived from the original on 2021 05 18 Retrieved 2021 05 18 Today in History March 26 Library of Congress November 9 2010 Archived from the original on February 10 2012 Retrieved November 2 2011 Merchant Robert 14 December 2015 Effort afoot to restore Conde Nast pillars in Old Greenwich Greenwich Time Hearts CT Media Archived from the original on 22 January 2022 Retrieved 22 January 2022 Conde Nast Publications Inc History Funding Universe Archived from the original on 22 January 2022 Retrieved 22 January 2022 IN VOGUE The Illustrated History of the World s Most Famous Fashion Magazine NYTimes com December 3 2006 Archived from the original on February 25 2012 Retrieved November 3 2011 Sumner David E 2010 The Magazine Century American Magazines Since 1900 Peter Lang ISBN 9781433104930 Archived from the original on 2018 03 03 Retrieved 2018 03 02 Mahon Gigi 1989 09 10 S I Newhouse and Conde Nast Taking Off The White Gloves The New York Times Archived from the original on 2017 10 26 Retrieved 2017 08 26 Si Newhouse of Advance Publications Conde Nast dies at 89 al Associated Press 2017 10 01 Archived from the original on 2019 10 01 Retrieved 2019 10 01 Hsu Tiffany 2019 05 15 Conde Nast Sells Brides Magazine to Barry Diller s Dotdash The New York Times ISSN 0362 4331 Archived from the original on 2019 10 01 Retrieved 2019 10 01 Salmans Sandra 1983 02 06 Courting the Elite at Conde Nast The New York Times ISSN 0362 4331 Archived from the original on 2017 08 04 Retrieved 2019 10 01 Journal Wendy BoundsStaff Reporter of The Wall Street 1999 06 23 Conde Nast s Udell to Step Down As Self Magazine s Editor in Fall The Wall Street Journal ISSN 0099 9660 Archived from the original on 2019 10 01 Retrieved 2019 10 01 Bagli Charles Conde Nast s Stylish Clan Moves Into Times Sq The New York Times June 6 1999 Archived from the original on November 16 2012 Retrieved November 3 2011 Agovino Theresa Conde Nast deal at 1 WTC now official Crain s New York June 6 1999 Archived from the original on September 3 2011 Retrieved November 3 2011 Kuczynski Alex Merger Planned for 2 Giants of Fashion Publishing The New York Times August 20 1999 Archived from the original on March 10 2013 Retrieved November 3 2011 Conde Nast Redesigns Its Future Archived 2018 09 26 at the Wayback Machine The New York Times 26 October 2003 Arrington Michael Breaking News Conde Nast Wired Acquires Reddit TechCrunch Archived from the original on 2018 02 15 Retrieved 2018 03 02 Perez Pena Richard 2007 07 10 Conde Nast to Close Jane Ending Effort at Revival The New York Times ISSN 0362 4331 Archived from the original on 2022 04 13 Retrieved 2022 04 13 Elliott Stuart Perez Pena Richard 2007 11 06 Publication to Cease for House amp Garden The New York Times ISSN 0362 4331 Archived from the original on 2022 04 13 Retrieved 2022 04 13 N P R 2009 10 05 Conde Nast Closing Gourmet 3 Other Magazines NPR Archived from the original on 2022 04 13 Retrieved 2022 04 13 Kaplan David Next Issue Media Works To Build The Storefront Before The Audience Arrives PaidContent June 29 2011 Archived from the original on September 14 2011 Retrieved November 3 2011 Vranica Suzanne Magazines Join With New Tablet Challenger The Wall Street Journal September 29 2011 Archived from the original on 2015 03 17 Retrieved November 3 2011 Tatiana Siegel May 12 2013 Conde Nast Launches Digital Video Network The Hollywood Reporter The Hollywood Reporter Archived from the original on 2013 05 20 Retrieved June 23 2013 Erik Hayden May 15 2013 Conde Nast Entertainment Launches Wired Video Channel The Hollywood Reporter Archived from the original on 2013 06 24 Retrieved June 23 2013 Erik Maza May 2 2013 Conde Entertainment Previews Video Channels for Vogue Wired and Vanity Fair Women s Wear Daily Archived from the original on 2013 06 24 Retrieved June 23 2013 Buckley Cara Oct 23 2013 Sued Over Pay Conde Nast Ends Internship Program The New York Times Archived from the original on 2017 05 06 Retrieved 2017 02 15 Why Conde Nast Felt It Had To Stop Using Interns Forbes October 24 2013 Archived from the original on 2017 07 22 Retrieved 2017 08 26 Conde Nast Colonizes Lower Manhattan The New York Times 2015 09 30 ISSN 0362 4331 Archived from the original on 2018 03 03 Retrieved 2018 03 02 Somaiya Ravi September 14 2015 Conde Nast Names Robert Sauerberg New C E O The New York Times Archived from the original on 2015 09 17 Retrieved September 14 2015 a b Somaiya Ravi 13 October 2015 Conde Nast Buys Pitchfork Media The New York Times Archived from the original on 2017 10 08 Retrieved 13 October 2015 Emma Bazilian 26 July 2016 Conde Nast Is Connecting Media Consumption and Purchase Data to Improve Branded Content Adweek Archived from the original on 2016 07 27 Retrieved 28 July 2016 Steigrad Alexandra 2016 11 01 Charles Townsend Retires from Conde Nast as Chairman WWD Archived from the original on 2021 03 22 Retrieved 2021 03 19 Kandell Jonathan 2017 10 01 S I Newhouse Jr Who Turned Conde Nast Into a Magazine Powerhouse Dies at 89 The New York Times ISSN 0362 4331 Archived from the original on 2017 10 01 Retrieved 2021 05 18 Conde Nast Influencer Platform Journalism for Cash Ikon London Magazine 2 March 2018 Archived from the original on 24 May 2018 Retrieved 3 March 2018 Spangler Todd May 13 2019 Discovery Buys Golf Digest From Conde Nast for 30 Million Variety Archived from the original on May 16 2019 Retrieved May 13 2019 Siegler Mara 2019 08 14 Conde Nast slams former W editor Tonchi as faithless extortionist Page Six Archived from the original on 2021 04 25 Retrieved 2021 03 19 Hays Kali 2019 08 13 Conde Nast Hits Back Hard at Stefano Tonchi s W Magazine Lawsuit WWD Archived from the original on 2021 03 03 Retrieved 2021 03 19 Conde Nast Calls Stefano Tonchi a Faithless Servant and Sues Daily Front Row 2019 08 13 Archived from the original on 2021 01 28 Retrieved 2021 03 19 Keeping Up With the Conde Nast CTR Anyword 2018 02 23 Archived from the original on 2022 04 13 Retrieved 2022 04 13 Conde Nast veut developper les revenus issus des lecteurs Le Figaro Le Figaro October 2019 Archived from the original on 14 January 2020 Retrieved 14 January 2020 Helmore Edward 13 June 2020 Can Anna Wintour survive fashion s reckoning with racism The Guardian Archived from the original on 13 June 2020 Retrieved 13 June 2020 The world of Hibernia Archived 2012 04 07 at the Wayback Machine National Library of Ireland Catalog Bad tidings it is the end of the World of Hibernia Independent ie Archived from the original on 2016 12 20 Retrieved 2016 12 12 Conde Nast Publications Inc acquires Citicorp Signature Magazine from Citigroup Inc 1987 12 30 Thomson Financial Archived from the original on July 21 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Harris Publications Woman from Harris Publications Inc 1988 11 30 Thomson Financial Archived from the original on July 18 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Pennington Publishing Cook s from Bonnier AB 1990 06 25 Thomson Financial Archived from the original on July 20 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires K III Magazines Magazine Sub from Primedia Inc 1992 04 22 Thomson Financial Archived from the original on July 20 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Knapp Communications Corp 1993 04 20 Thomson Financial Archived from the original on July 22 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Wired Magazine Wired Ventures from Telefonica SA 1998 06 12 Thomson Financial Archived from the original on July 17 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Fairchild Publications Inc from Walt Disney Co 1999 12 01 Thomson Financial Archived from the original on July 16 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Johansens Ltd Daily Mail from Rothermere Investments Ltd 2001 09 05 Thomson Financial Archived from the original on July 16 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires Modern Bride Group Primedia from Primedia Inc 2002 02 28 Thomson Financial Archived from the original on July 16 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires remaining interest in Ideas Publishing Group from Advance Publications Inc 2002 03 28 Thomson Financial Archived from the original on July 30 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires LYCOS Inc Wired News from Telefonica SA 2006 07 11 Thomson Financial Archived from the original on July 17 2012 Retrieved October 28 2008 Conde Nast Publications Inc acquires NutritionData com 2006 07 20 Thomson Financial Archived from the original on August 28 2010 Retrieved October 28 2008 Breaking News Conde Nast Wired Acquires Reddit 2006 10 31 TechCrunch 31 October 2006 Archived from the original on 2006 11 17 Retrieved October 31 2006 Conde Nast Publications Inc acquires SFO Media LLC 2008 05 20 Reuters April 24 2008 Archived from the original on September 10 2012 Retrieved November 14 2008 Conde Nast Publications Inc acquires Ars Technica LLC 2008 05 20 Thomson Financial Archived from the original on May 2 2009 Retrieved October 28 2008 The Conde Nast Startup Story Yahoo Should Study For Tumblr 2013 05 23 Forbes Archived from the original on 2013 06 07 Retrieved April 11 2012 Conde Nast Publications Inc acquires a minority stake in Wagadon Ltd 1988 11 29 Thomson Financial Archived from the original on June 29 2021 Retrieved October 28 2008 Conde Nast Publications Inc acquires a minority stake in Wired Magazine Wired Ventures from Telefonica SA 1994 01 19 Thomson Financial Archived from the original on October 18 2010 Retrieved October 28 2008 Conde Nast Publications Inc acquires Ideas Publishing Group 2001 01 17 Thomson Financial Archived from the original on July 29 2012 Retrieved October 28 2008 External links Edit New York City portal Companies portalConde Nast homepage Conde Nast Middle East homepage Retrieved from https en wikipedia org w index php title Conde Nast amp oldid 1151457542, wikipedia, wiki, book, books, library,

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