Author Topic: Condé Nast selling off mags after $120,000,000 loss (Read 4653 times)

rcjordan · « **on:** August 02, 2018, 09:43:43 PM »

buckworks · « **Reply #1 on:** August 03, 2018, 12:17:15 AM »

More here:

https://www.businessoffashion.com/articles/news-analysis/facing-losses-conde-nast-plans-to-put-3-magazines-up-for-sale

Conde Nast hasn't been well managed for a long time.

Example: they couldn't keep Gourmet Magazine afloat even though "recipes" is one of the busiest search categories on the web.

rcjordan · « **Reply #2 on:** August 03, 2018, 12:52:31 AM »

They likely have more overhead baggage than most. As we've seen, online revenues will not sustain an old-school print media business.

ergophobe · « **Reply #3 on:** August 03, 2018, 05:23:09 PM »

A. What of value does CN have other than magazines?

B. In which century were those magazines still worth $120,000,000?

rcjordan · « **Reply #4 on:** August 03, 2018, 05:29:23 PM »

>A

Reddit

<added>
It's owned by CN's parent company.

rcjordan · « **Reply #5 on:** January 25, 2019, 08:51:03 PM »

<time warp>

Oh yeah, this is going to work.

Conde Nast plans to charge advertisers a premium for digital subscribers - Business Insider
https://www.businessinsider.com/conde-nast-plans-to-charge-advertisers-a-premium-for-digital-subscribers-2019-1

ukgimp · « **Reply #6 on:** January 26, 2019, 12:23:24 PM »

Clueless

rcjordan · « **Reply #7 on:** November 02, 2019, 01:15:12 PM »

Will Condé Nast As We Know It Exist in a Decade?
http://nymag.com/intelligencer/2019/10/will-cond-nast-as-we-know-it-exist-in-a-decade.html

^{Note the question mark, so the answer is 'No.'}

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