Condé Nast Inc. is an American mass media company founded in 1909 by Condé Montrose Nast, based at One World Trade Center and owned by Advance Publications.[1]
The company attracts more than 164 million consumers across its 19 brands and media: Allure, Architectural Digest, Ars Technica, Backchannel, Bon Appétit, Brides, Condé Nast Traveler, Epicurious, Glamour, Golf Digest, GQ, Pitchfork, Self, Teen Vogue, The New Yorker, Vanity Fair, Vogue, W and Wired.
Robert A. Sauerberg Jr. is Condé Nast's current chief executive officer and president. US Vogue editor-in-chief Anna Wintour serves as the current artistic director of Condé Nast. The company launched Condé Nast Entertainment in 2011 to develop film, television and digital video programming.
Condé Nast Inc. | |
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Subsidiary | |
Industry | Mass media |
Founded | 1909 |
Founder | Condé Montrose Nast |
Headquarters | One World Trade Center, , United States |
Area served | Worldwide |
Key people |
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Products | Magazines |
Parent | Advance Publications |
Subsidiaries | Condé Nast Entertainment Pitchfork |
Website | condenast |
Condé Montrose Nast, a New York City-born publisher, launched his magazine empire in 1909 with the purchase of Vogue, which was first created in 1892 as a New York weekly journal of society and fashion news.[2]
At first, Nast published the magazine under Vogue Company and did not incorporate Condé Nast until 1923. He had a flair for nurturing elite readers as well as advertisers and upgraded Vogue, sending the magazine on its path of becoming a top fashion authority. Eventually, Nast's portfolio expanded to include House & Garden, Vanity Fair (briefly known as Dress and Vanity Fair), Glamour and American Golfer. The company also introduced British Vogue in 1916, and Condé Nast became the first publisher of an overseas edition of an existing magazine.
Condé Nast is largely considered to be the originator of the "class publication," a type of magazine focused on a particular social group or interest instead of targeting the largest possible readership.[3] Its magazines focus on a wide range of subjects, including travel, food, home, culture, and other interests, with fashion the larger portion of the company's focus.
Nast opened a printing press in 1924, which closed in 1964 to make way for more centrally located sites capable of producing higher volumes. During the Great Depression, Condé Nast introduced innovative typography, design and color. Vogue's first full color photograph was featured on the cover in 1932, marking the year when Condé Nast began replacing fashion drawings on covers with photo illustrations―an innovative move at the time.[4] Glamour, launched in 1939, was the last magazine personally introduced to the company by Nast, who died in 1942.[5]
In 1959, Samuel I. Newhouse bought Condé Nast for US$5 million as an anniversary gift for his wife Mitzi, who loved Vogue.[6] He merged it with the privately held holding company Advance Publications. His son, S.I. Newhouse, Jr., known as "Si," became chairman of Condé Nast in 1975.
The Newhouse era at Condé Nast launched a period of acquisitions (Brides was acquired in 1959), overhauls of existing magazines (after being shuttered in 1936, Vanity Fair was revived in 1983) and the founding of new publications (Self was launched in 1979).
In January 2000, Condé Nast moved from 350 Madison Avenue to 4 Times Square,[7] which at the time was the first skyscraper built in New York City since 1992 and boasted a Frank Gehry cafeteria. The move was also viewed as contributing to the transformation of Times Square.[8] In the same year, Condé Nast purchased Fairchild Publications[9] (now known as Fairchild Fashion Media), home to W and WWD, from the Walt Disney Company. In 2001, Condé Nast bought Golf Digest and Golf World from The New York Times Company for US$435 million.[10]
On October 5, 2009, Condé Nast announced the closure of three of its publications: Cookie, Modern Bride, and Elegant Bride. Gourmet ceased monthly publication with its November 2009 issue; the Gourmet brand was later resurrected as "Gourmet Live," an iPad app that delivers new editorial content in the form of recipes, interviews, stories and videos. In print, Gourmet continues in the form of special editions on newsstands and cookbooks.
Other Condé Nast titles were shut down as well. The company folded the women's magazine Jane with its August issue in 2007 and later shut down its website. One of Condé Nast's oldest titles, the American edition of House and Garden, ceased publication after the December 2007 issue. Portfolio, Mademoiselle and Domino were folded as well.
Condé Nast has also made some notable acquisitions. On October 31, 2006, Condé Nast acquired the content aggregation site Reddit,[11] which was later spun off as a wholly owned subsidiary in September 2011. On May 20, 2008, the company announced its acquisition of a popular technology-oriented website, Ars Technica.
In July 2010, Robert Sauerberg became Condé Nast's president. In May 2011, Condé Nast was the first major publisher to deliver subscriptions for the iPad, starting with The New Yorker; the company has since rolled out iPad subscriptions for nine of its titles. In the same month, Next Issue Media, a joint venture formed by five U.S. publishers including Condé Nast, announced subscriptions for Android devices, initially available for the Samsung Galaxy Tab.[12]
In June 2011, Condé Nast announced that it would relocate its headquarters to One World Trade Center in 2015.[13]
In September 2011, Condé Nast said it would offer 17 of its brands to the Kindle Fire.[14]
The company launched Conde Nast Entertainment in 2011 to develop film, television and digital video programming. In May 2013, CNÉ's Digital Video Network debuted, featuring web series for such publications as Glamour and GQ.[15] Wired joined the Digital Video Network with the announcement of five original web series including the National Security Agency satire Codefellas and the animated advice series Mister Know-It-All.[16][17]
In late October 2013, the company ceased its low and unpaid internship program.[18][19]
In November 2014, Condé Nast moved into One World Trade Center, where its new headquarters is located.[20]
On September 14, 2015, the company announced Robert A. Sauerberg Jr. was appointed as its chief executive officer (CEO) and will remain its president; its former CEO, Charles H. Townsend, would be its chairman, while S.I. Newhouse Jr. would be chairman emeritus (effective January 2016).[21]
On October 13, 2015, Condé Nast announced that it had acquired Pitchfork.[22]
In July 2016, Conde Nast announced the launch of Condé Nast Spire, a new division that will focus on finding links between consumers' purchasing activity and their content consumption by connecting Condé's own first-party behavioral data.[23]
Chairman Charles Townsend retired at the end of 2016[24] and chairman emeritus S.I Newhouse died the following October 1.
In March 2018, Condé Nast announced the launch of Influencer Platform Next Gen.[25] "The Platform features both in-house and external talent with significant and meaningful social followings,” said Pamela Drucker Mann, chief revenue and marketing officer for Condé Nast.
Date | Company | Business | Country | Value (USD) | References |
---|---|---|---|---|---|
December 30, 1987 | Signature Magazine[note 1] | Magazine | ![]() |
— | [28] |
November 30, 1988 | Woman[note 2] | Magazine | ![]() |
$10,000,000 | [29] |
June 25, 1990 | Cook's[note 3] | Magazines | ![]() |
— | [30] |
April 22, 1992 | K-III Magazines-Magazine Sub[note 4] | Subscriber lists | ![]() |
— | [31] |
April 20, 1993 | Knapp Communications | Magazines | ![]() |
$175,000,000 | [32] |
June 12, 1998 | Wired Magazine[note 5] | Magazines | ![]() |
$90,000,000 | [33] |
January 8, 2000 | Fairchild Publications[note 6] | Magazines and newspapers | ![]() |
$650,000,000 | [34] |
September 5, 2001 | Johansens [note 7] | Accommodation guides | ![]() |
— | [35] |
February 28, 2002 | Modern Bride Group[note 8] | Magazines | ![]() |
$52,000,000 | [36] |
March 28, 2002 | Ideas Publishing Group[note 9] | Publishing | ![]() |
— | [37] |
July 11, 2006 | Lycos Inc-Wired News[note 10] | Online news | ![]() |
$25,000,000 | [38] |
July 20, 2006 | Nutrition Data | Internet service provider | ![]() |
— | [39] |
October 31, 2006 | Social news | ![]() |
— | [40] | |
April 23, 2008 | SFO*Media | Web sites | ![]() |
— | [41] |
May 20, 2008 | Ars Technica | Web sites | ![]() |
— | [42] |
April 11, 2012 | ZipList | Web sites & Mobile Apps | ![]() |
— | [43] |
October 13, 2015 | Pitchfork | Web sites | ![]() |
— | [22] |
Date | Company | Business | Country | Value (USD) | References |
---|---|---|---|---|---|
November 29, 1988 | Wagadon[note 11] | Magazines | ![]() |
— | [44] |
January 19, 1994 | Wired Magazine | Magazines | ![]() |
— | [45] |
January 17, 2001 | Ideas Publishing Group[note 12] | Publishing | ![]() |
— | [46] |
4 Times Square, also formerly known as the Condé Nast Building, is a skyscraper in Times Square in Midtown Manhattan, New York City. Located on Broadway between West 42nd and 43rd Streets, the structure was finished in January 2000 as part of a larger project to redevelop 42nd Street. The architects were Fox & Fowle, who also designed the Reuters Building as part of the larger project. The 809-foot (246.5 m), 52-story building is the 28th tallest building in New York City and the 59th tallest in the United States. Owned by the Durst Organization, the building contains 1,600,000 square feet (150,000 m2) of floor space.
Architectural DigestArchitectural Digest is an American monthly magazine founded in 1920. Its principal subject is interior design, rather than architecture more generally. The magazine is published by Condé Nast, which also publishes international editions of Architectural Digest in China, France, Germany, Russia, Spain, Mexico, and Latin America.Architectural Digest is aimed at an affluent and style-conscious readership, and is subtitled "The International Design Authority". The magazine also releases the annual AD100 list, which recognizes the most influential interior designers and architects around the world.
Ars TechnicaArs Technica (; a Latin-derived term that the site translates as the "art of technology") is a website covering news and opinions in technology, science, politics, and society, created by Ken Fisher and Jon Stokes in 1998. It publishes news, reviews, and guides on issues such as computer hardware and software, science, technology policy, and video games. Many of the site's writers are postgraduates and some work for research institutions. Articles on the website are written in a less-formal tone than those in traditional journals.
Ars Technica was privately owned until May 2008, when it was sold to Condé Nast Digital, the online division of Condé Nast Publications. Condé Nast purchased the site, along with two others, for $25 million and added it to the company's Wired Digital group, which also includes Wired and, formerly, Reddit. The staff mostly works from home and has offices in Boston, Chicago, London, New York City, and San Francisco.
The operations of Ars Technica are funded primarily by online advertising, and it has offered a paid subscription service since 2001. The website generated controversy in 2010, when it experimentally prevented readers who used advertisement-blocking software from viewing the site.
Condé Nast TravelerCondé Nast Traveler is a luxury and lifestyle travel magazine published by Condé Nast. The magazine has won 25 National Magazine Awards.The Condé Nast unit of Advance Publications purchased Signature, a magazine for Diners Club members, for $25 million in 1986. The company used it as the basis for Condé Nast Traveler, led by Sir Harold Evans in 1987, with a focus on literary journalism and hard news reporting. As editor in chief, Evans coined the motto "Truth in Travel," which declared that travel industry freebies would not be accepted.
Condé Nast Traveler is currently led by Editor in Chief Pilar Guzman. Ms. Guzman was the founding editor of Cookie magazine from 2005-2009. Ms. Guzman oversaw the revamp of Martha Stewart Living from 2011-2013, for which the magazine was awarded a National Magazine Award for General Excellence in Lifestyle.Condé Nast Traveler is produced at Condé Nast's US headquarters at One World Trade Center, New York, NY.
An entirely separate UK edition, Condé Nast Traveller, is produced from Condé Nast's offices at Vogue House in London.
Condé Nast Traveler's main competitors are National Geographic Traveler and Travel + Leisure.
Condé Nast TravellerCondé Nast Traveller is published by Condé Nast Publications Ltd, from Vogue House in Hanover Square, Mayfair, London. It is a luxury travel magazine aimed at the upmarket, independent traveller.
It can be differentiated from the American version of the magazine because of the UK spelling of the word Traveller, and contains mainly original UK content, though some features are used from the US magazine and repackaged for a UK audience.
Cookie (magazine)Cookie was a lifestyle magazine for the modern mother published from 2005 until November 2009 by Condé Nast Publications. According to Conde Nast, it featured "an editorial mix of fashion, home décor, travel, entertainment and health for her and her family."Cookie had a total circulation of 500,000. It was targeted to women, which made up 86% of their readership, with a median age of 36.9 and median household income of $82,442. The magazine started by publishing six issues per year, but by the time it folded it appeared ten times annually. The official website for the magazine was cookiemag.com.
On October 5, 2009, Condé Nast announced that Cookie would no longer be published and that the resources used to publish the magazine would be used elsewhere in the company.
Details (magazine)Details was an American monthly men's magazine published by Condé Nast, founded in 1982 by Annie Flanders. Though primarily a magazine devoted to fashion and lifestyle, Details also featured reports on relevant social and political issues. In November 2015 Condé Nast announced that the magazine would cease publication with the issue of December 2015/January 2016.
GQGQ (formerly Gentlemen's Quarterly) is an international monthly men's magazine based in New York City and founded in 1931. The publication focuses on fashion, style, and culture for men, though articles on food, movies, fitness, sex, music, travel, sports, technology, and books are also featured.
GQ (Indian edition)GQ is the Indian edition of the American monthly men's magazine called GQ. It is the 15th international edition of GQ and is published by Condé Nast India Pvt. Ltd., a 100% owned subsidiary of Condé Nast International. Condé Nast gained 100% ownership after regulatory changes in 2005 permitted 100% foreign direct investment in non-news and current affairs publications. GQ was the second magazine released in India, after Vogue India, that is 100% foreign owned. Condé Nast India is based in Mumbai and also has an office in New Delhi.The magazine was launched with the October 2008 issue, which was unveiled by Condé Nast on 29 September 2008. The cover, shot by Pascal Chevallier, featured Saif Ali Khan and Katarina Ivanovska on the regular cover, and Yuvraj Singh, Lisa Haydon, Arjun Rampal and Ujjwala Raut on the gatefold cover.
Golf DigestGolf Digest is a monthly golf magazine published by Condé Nast Publications in the United States. It is a generalist golf publication covering recreational golf and men's and women's competitive golf. Condé Nast Publications also publishes the more specialized Golf for Women, Golf World and Golf World Business. The magazine started in 1950, and was sold to The New York Times Company in 1969. The Times company sold their magazine division to Condé Nast in 2001. The headquarters of Golf Digest is in Des Moines, Iowa.
Golf WorldGolf World was a weekly magazine covering the game of golf published by Condé Nast. It was in circulation between 1947 and 2014.
Gourmet (magazine)Gourmet magazine was a monthly publication of Condé Nast and the first U.S. magazine devoted to food and wine. Founded by Earle R. MacAusland (1890–1980), Gourmet, first published in January 1941, also covered "good living" on a wider scale.
On October 5, 2009 Condé Nast announced that Gourmet would cease monthly publication by the end of 2009, due to a decline in advertising sales and shifting food interests among the readership. Editor Ruth Reichl, in the middle of a tour promoting the Gourmet Today cookbook, confirmed that the magazine's November 2009 issue, distributed in mid-October, was the magazine's last.The Gourmet brand continues to be used by Condé Nast for book and television programming and recipes appearing on Epicurious.com. Since the end of its regular run, Condé Nast has also used the Gourmet brand in a series of special edition magazines, covering niches ranging from grilling and Italian food, to quick recipes, holiday foods, and comfort foods.
Portfolio.comPortfolio.com was a website published by American City Business Journals that provideed news and information for small to mid-sized businesses (SMB). It was previously the website for the monthly business magazine Condé Nast Portfolio, published by Condé Nast from 2007 to 2009.Portfolio.com had several interactive features, including "BizWatch," which had updates on companies and executives from selected news sources.
Style.comStyle.com was a luxury e-commerce website, launched by international media company Condé Nast in September 2016. In June 2017 Style.com was closed and absorbed by online retailer Farfetch.comBefore its closure Style.com offered established and emerging luxury brands, encompassing womenswear, menswear, beauty and grooming. The website combined e-commerce with original and curated content from Condé Nast's titles, including British Vogue and British GQ.
Using a proprietary website merchandising engine, Style.com offered a personalised commerce experience for the customer that adaptively recommends products and editorial stories based on the user journey.A specially designed shopping layer also rendered editorial features on Vogue.co.uk and GQ.co.uk fully shoppable, allowing readers to purchase featured products available on Style.com.
President of Style.com Franck Zayan oversaw the UK-based website, with fashion and retail expert Yasmin Sewell as fashion director, Melissa Dick serving as editorial director, Jane Gorley as creative director and Natalie Varma as head of innovation.Jonathan Newhouse, Robert A Sauerberg Jr, Anna Wintour, Nicholas Coleridge, Charles H Townsend, Pascal Cagni and Franck Zayan sit on the board of directors.
Vanity Fair (magazine)Vanity Fair is a magazine of popular culture, fashion, and current affairs published by Condé Nast in the United States.
The first version of Vanity Fair was published from 1913 to 1936. The imprint was revived in 1983 and currently includes five international editions of the magazine. As of 2018, the Editor-in-Chief is Radhika Jones.
Vogue (magazine)Vogue is a fashion and lifestyle magazine covering many topics including fashion, beauty, culture, living, and runway. Vogue began as a weekly newspaper in 1892 in the United States, before becoming a monthly publication years later.
The British Vogue was the first international edition launched in 1916, while the Italian version has been called the top fashion magazine in the world. As of today, there are 23 international editions.
Vogue IndiaVogue India is the Indian edition of the monthly fashion and lifestyle magazine called Vogue. It is the 17th international edition of Vogue and the first edition in South Asia. Vogue India is published by Condé Nast India Pvt. Ltd., a 100% owned subsidiary of Condé Nast International. Vogue India was the first magazine released in India that is 100% foreign owned. Condé Nast India is based in Mumbai and also has an office in New Delhi.
Vogue ItaliaVogue Italia is the Italian edition of Vogue magazine. Owned by Condé Nast International, it is the least commercial of all editions of Vogue magazine and has been called the top fashion magazine in the world.Its imagery is frequently shocking and provocative; according to the art director of British Vogue, its photographs "go beyond straight fashion to be about art and ideas".
Wired (magazine)Wired is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including Wired UK, Wired Italia, Wired Japan, and Wired Germany. Condé Nast's parent company Advance publications is also the major shareholder of Reddit, an internet information conglomeration website.In its earliest colophons, Wired credited Canadian media theorist Marshall McLuhan as its "patron saint." From its beginning, the strongest influence on the magazine's editorial outlook came from techno-utopian cofounder Stewart Brand and his associate Kevin Kelly.From 1998 to 2006, Wired magazine and Wired News (which publishes at Wired.com) had separate owners. However, Wired News remained responsible for republishing Wired magazine's content online due to an agreement when Condé Nast purchased the magazine. In 2006, Condé Nast bought Wired News for $25 million, reuniting the magazine with its website.
Wired contributor Chris Anderson is known for popularizing the term "the Long Tail", as a phrase relating to a "power law"-type graph that helps to visualize the 2000s emergent new media business model. Anderson's article for Wired on this paradigm related to research on power law distribution models carried out by Clay Shirky, specifically in relation to bloggers. Anderson widened the definition of the term in capitals to describe a specific point of view relating to what he sees as an overlooked aspect of the traditional market space that has been opened up by new media.The magazine coined the term "crowdsourcing", as well as its annual tradition of handing out Vaporware Awards, which recognize "products, videogames and other nerdy tidbits pitched, promised and hyped, but never delivered".
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