Word: nast
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...forces assembled against print media scored a big scalp on Monday when Condé Nast announced that Gourmet magazine was finished. The 68-year-old foodie look book will close after the publication of its November issue, although the title will live on in books and on TV shows and some of its content will be folded into Epicurious.com...
...McGraw-Hill, unlike Forbes or Time Inc., does not see running a consumer magazine as a core business. What McGraw-Hill does best is provide specialized information: trade magazines, financial-services data, textbooks. The news business is not in its DNA, just as business journalism wasn't in Conde Nast's. Business Week was a stepchild tolerated only as it more or less paid its own way and offered prestige. Once it became a burden, it needed to be hustled off the estate...
...still remember Peter W. Kaplan ’76’s last day as editor-in-chief—it was my first day on the job. He was leaving for Conde Nast Traveler as their new creative director, to cook up ideas for saving journalism, but wouldn’t say good-bye without meeting the new interns...
Portfolio folding of by Conde Nast...
...None of the extravagance, it should be noted, is extraordinary at Condé Nast or other glossies. While ex-staffers say Lipman's background in newspapers afforded her little understanding of how much high-end magazine journalism costs, Condé Nast chairman S.I. Newhouse Jr. stuck by her a month past the April issue, which at 106 pages was reputed to be the thinnest his company had ever published. The magazine relied on advertisers from the finance, corporate-branding, car, travel and luxury-goods industries, all hard hit in this recession, and it never became a must...