Articles about "Conde Nast"


2 bosses depart Condé Nast, former Time Inc. exec joins as CFO

Condé Nast CEO Charles Townsend announced Wednesday the hiring of a new chief financial officer and the departure of two company executives.

In a memo to employees, Townsend announced that David Geithner will be joining the company as CFO, replacing John Bellando, who “has decided to leave the company.” Geithner is a former Time Inc. executive who lost his job when the company was reorganized earlier this year. Also gone is Thomas Wallace, Condé Nast’s editorial director since 2005.… Read more

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Conde Nast ends internship program

WWD

Conde Nast plans to end its internship program beginning next year, Erik Maza reports in Women’s Wear Daily.

“The end of the program comes after the publisher was sued this summer by two former interns who claimed they were paid below the minimum wage during internships at W and The New Yorker,” he writes.… Read more

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New Yorker introduces Aaron Swartz-developed privacy tool Strongbox

The New Yorker | The Washington Post | The New York Times | Wired | Guardian | All Things D

The New Yorker on Tuesday introduced its new, anonymous electronic tip tool Strongbox, coincidentally on the heels of renewed concerns over privacy for journalists’ sources following revelations of Department of Justice surveillance of AP staffers (which The Washington Post’s Timothy B. Lee notes is “likely perfectly legal”)

The Strongbox site ostensibly allows people to submit letters, documents, emails or any other files to the New Yorker anonymously. It was developed in conjunction with Wired investigations editor Kevin Poulsen and the late Web activist and developer Aaron Swartz, who hanged himself in January after facing charges of wire fraud and computer fraud. Poulsen, whose publication also is owned by New Yorker parent Conde Nast, wrote about Swartz’s involvement, and why Strongbox was a necessity.… Read more

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Major magazine publishers launch own digital newsstand with flat pricing

VentureBeat | New York Times
Five major magazine publishers launched their own digital newsstand today called Next Issue Media. Hearst, Conde Nast, Time Inc., Meredith, and News Corp. are basically trying to create a Netflix for magazines — for $9.99 or $14.99 a month, subscribers can read unlimited amounts of the 32 included magazines. Its market is currently limited to newer Android tablets, but should come to the iPad later this year.… Read more

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Magazine execs say tablet revenue is strong

Women’s Wear Daily
Editors and executives who gathered at the American Magazine Conference this week express optimism about their future on tablet devices. Hearst Magazines expects to have $10 million worth of e-subscriptions by next summer, president David Carey said. Hearst gets about 300,000 paid digital downloads a month and expects that to double with strong holiday sales of the Kindle Fire and Nook Color e-readers. Meanwhile, Conde Nast projects $15 million in tablet revenue this year (counting subscriptions and ad revenue). | Related: Magazine editors discuss the problems and successes of developing mobile and tablet content || Earlier: Hearst memo: We’re becoming “the magazine company of the future”Read more

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Conde Nast execs not amused by @CondeElevator

The Atlantic Wire | ABC News | New York Daily News
The recently launched account “suggests that many people care a great deal about what happens at Conde Nast,” says a Conde Nast spokeswoman. The magazine publisher doesn’t know if the overheard conversations are real or made up, but it’s dying to find out who’s behind the feed. “We are still looking into it, so I don’t know what will or won’t happen” if the tweeter is unmasked, says the spokeswoman. The New York Daily News’ Gatecrasher column is told the “the probability of this person being a Teen Vogue employee is quite high.”… Read more

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Twitter account shares small talk overheard in Conde Nast elevator

New York Observer | TVSpy
A new Twitter account, Conde Elevator, shares elevator small talk that reveals life inside the Condé Nast building. “So far,” writes Kat Stoeffel, “the dispatches reflect the Condé Nast we know and love: fear of Anna Wintour, food anxiety, women who date ambitiously, and male editors beleaguered by squeezing sex jokes into headlines.” A couple recent tweets:

Meanwhile, a spoof Twitter account has started to chronicle the newsgathering of the fictitious local news station, Channel 11 News:… Read more

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Publishers turn to digital business services to offset declining ad revenue

News publishers have had to develop a number of new digital capabilities in recent years, such as online advertising, social media, search-engine optimization, email marketing, video production, Web design and mobile app development.

After making those investments, most find their online sales comparatively meager compared to print ad revenue, which is still declining. In search of other income, some are using their new online skills and staff to provide paid client services.

These companies are finding that as businesses large and small discover the importance of their online presence — such as developing an effective presence on Facebook or Twitter, or optimizing their sites to appear higher in search results — demand for those services is booming. Media companies who have developed their own expertise in those areas can fill that need with new business-to-business products.

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Magazine publishers take steps toward ‘digital newsstand’ for tablets

Ad Age
A consortium of major magazine publishers, including Time Inc., Conde Nast, Hearst, Meredith and News Corp., is preparing to launch an app marketplace to sell digital editions on their own terms, Ad Age reports. “By the fourth quarter you’ll see us offering our unified marketplace, which will offer a consistent user experience across all titles and unique features like cross-title search, personalization and flex pricing,” said Morgan Guenther, CEO of Next Issue Media. For now the focus is on Android-powered tablets; on Wednesday the group started selling magazines via Verizon’s V Cast store on the Samsung Galaxy Tab. || Related: Report: 40% of magazine app users opt to let Apple share their data with publishers.… Read more

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Magazine execs’ approach to tablets: Wait and see and hope

Women’s Wear Daily
At Monday’s National Magazine Awards, “there was a decidedly less-than-enthusiastic feel to everything tablet-y,” write Amy Wicks and John Koblin. They report that the deal Conde Nast struck with Apple last week is pretty much what Steve Jobs has been proposing for months, and that publishers threw in the towel and now will see if they can make a go of it. (David Carr asks: Is the iPad just a new way to give away magazines?) Wicks and Koblin point out some encouraging news:

Since Monday, when The New Yorker subscriptions on the iPad went up for sale, it has been listed as the top-grossing app in the iTunes store, the best result for a Condé title since Wired’s app went up for sale last May.

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