• New York Post, Friday, October 5, 2012 2:40 PM

The publisher of The New Yorker, Vogue and Vanity Fair is poring over preliminary budgets for next year — and it doesn’t look pretty. While not every mag is finished going over the books with President Bob Sauerberg and Chief Financial Officer John Bellando, so far most titles are being asked to come up with another 5 percent in budget cuts for the new fiscal year that starts Feb. 1. “I think the goal is 5%, and there is not a lot of leniency,” said one Condé insider. The cuts are on top of the 10% haircut that the top brass asked all titles to make earlier this summer for the current fiscal year.

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