CONDÉ NAST TO SHUTTER THE PRINT EDITION OF ‘TEEN VOGUE’
It’s been just a year since Condé Nast announced that it would be scaling back Teen Vogue‘s print editions to a quarterly format, but the media giant is already parting ways with the magazine’s new model: Condé Nast is expected to shutter Teen Vogue‘s print editions, according to WWD.
In addition, WWD states that the publisher will slash “about 80 jobs,” which comes out to being a reported 2.5 percent decrease from its 3,000-person employee base. Condé Nast’s end-of-year cuts will also extend across the budgets of the company’s worst-performing magazines, reportedly reducing the frequency of all titles but Vanity Fair, Vogue and Wired, which publish monthly, Brides, which publishes bimonthly, and The New Yorker, which publishes weekly. WWD speculates GQ, Glamour, Allure and Architectural Digest will go from 12 to 11 issues per year, Bon Appétit from 11 to 10 and W and Condé Nast Traveler from 10 to eight.
As for what will become of Teen Vogue and its savvy, newly appointed Editor-in-Chief Elaine Welteroth, WWD‘s sources allege that Welteroth may remain “working on the title in some capacity and will likely find an additional role at the company.” Perhaps, sources claim, this could take the form of the top editor role at Glamour, replacing Cindi Leive (who announced her forthcoming departure from the title last month), or Allure, with current EIC Michelle Lee moving to Glamour? Or, could Welteroth open a new Condé Nast brand entirely, as editorial wunderkind Phillip Picardi has recently done with Them?I