FashionIndie » john koblin http://fashionindie.com FashionIndie features all facets of fashion lifestyle. Thu, 16 Feb 2012 00:48:36 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 PRINT IS DEAD: Conde Nast To Cut Back!!!http://fashionindie.com/conde-nast-25-cuts-layoffs-loom-except-at-the-new-yorker-media/ http://fashionindie.com/conde-nast-25-cuts-layoffs-loom-except-at-the-new-yorker-media/#comments Wed, 23 Sep 2009 18:26:50 +0000 Hillary Frazier http://fashionindie.com/conde-nast-25-cuts-layoffs-loom-except-at-the-new-yorker-media/ PRINT IS DEAD: Conde Nast To Cut Back!!!
John Koblin from the New York Observer talked to insiders from McKinsey that told him the news about Conde Nast’s cut backs:
  • Budget reductions of around 25% at Details, Traveler, Glamour, Gourmet, and Teen Vogue.
  • Unknown budget cuts at the rest of the Conde mags—except the New Yorker, which is escaping unscathed, according to the NYO.
  • The various mag editors get to determine how to achieve their budget cuts.
  • No immediate magazine closures are predicted, but some of the weaker titles may reduce their frequency.
  • Layoffs are coming.

I’m going to say it again…Print is DEAD!!

LINK LOVE: Gawker

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