- WWD, Thursday, November 8, 2007 11 AM
While the shuttering of
House & Garden came as little surprise to those who follow Condé Nast, it has led to speculation about which book may be the next to fold. It's generally believed
that a mature magazine at the company needs 1,000 to 1,200 ad pages a year, and "if you're not there, you're not a business," says Condé Nast chief Charles Townsend. "You're just shuffling money
around."
There are a few other titles that don't meet that criteria, including
Cookie, Elegant Bride, Men's Vogue, Golf for Women and
Domino. But they may be exceptions, as
Cookie, Men's Vogue and
Domino are still in launch mode, while
Golf for Women publishes six issues a year and
Elegant Bride is a quarterly. Meanwhile,
Cookie's pages
are up 35 percent and
Men's Vogue is up 73 percent.
Domino has been publishing 10 issues annually for the last two years and ad growth has been flat through the third quarter
to a total of just 468, leaving insiders wondering about its future. Beth Brenner,
Domino's vice president and publisher, owns up that the weak housing market has hurt, but says "I'm not
worried about it at all because my revenue is so pronounced, and my rate base is so pronounced. We're the fastest-growing and one of the only growing properties in the category."
Domino intends to boost its rate base to 750,000 by next year from its current 625,000. Further out, Brenner sees growth from advertisers that may come from
House & Garden and categories
including automotive, beauty, retail and technology. "I think we would have passed
House & Garden next year, in our third full year," she says
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