Mired in losses (Condé Nast Publications lost $120 million in 2017 whilst Condé Nast International lost $50 million in its last reported figures for 2016), Condé Nast has experienced another ‘annus horribilis‘ with the announcement of the departure of its CEO Bob Sauerberg.
What a crazy, up-and-down year this has been in publishing!
NEW YORK – The Grand Ballroom of The Yale Club in Manhattan was packed with some of magazine media’s brightest minds on Thursday to celebrate Folio:’s list of the top 100 innovators, entrepreneurial thinkers, and industry-disruptors from over the past year.
“It was around this time last year that things were starting to look a little dicey for the media industry’s once breathlessly-hyped digital unicorns,” Joe Pompeo wrote for Vanity Fair this week.
First Media — the millennial women-focused publisher behind brands like Blossom, So Yummy and Blusher — has finally made the leap to Snapchat. But its strategy is unlike that of Snapchat Discover publishers of years past.
Consumers today have more choice in how, where, and when they access content than ever before.