Conde Nast Shuffles Digital Division
After announcing the demise of CondeNet, the previous incarnation of its
digital division, Conde Nast this week introduced a new organization of its magazine Web sites and destination sites, like Epicurious.com, Style.com, and Concierge.com. The new unit, Conde Nast
Digital, will consolidate these online properties under one editorial and sales management team. This decision effectively reverses the company's move two years ago to have CondeNet focus on the
content destination sites, leaving magazine editors responsible for the Web sites.
Although Conde Nast says the reorganization is not about cutting costs, it follows several
retreats on the digital front, including the closing of Flip.com, a social network. It also comes in the midst of a series of deep, wide-ranging cutbacks prompted by the economic downturn. Earlier
this week, Conde Nast closed
Domino, a 3-year-old shelter title that fell prey to the contraction in the real estate market, and in November, it closed
Men's Vogue. There have been
reports of layoffs, but no word how many positions were affected. In 2008, Conde Nast's total ad pages fell 13.3% compared to 2007, according to the Group Publisher's Report from TNS Media
Intelligence.
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Conde Nast follows other magazine publishers that have combined their print and online business operations. After years as separate divisions, in November Forbes said it was merging
the print magazine and Forbes.com; at the time, Steve Forbes explained in a memo that the move would allow the company to "move nimbly and swiftly to respond to our clients and marketers in the way
they want to do business."
PGA Promotes, Hires Sales Execs
The Publishing Group of America, which produces newspaper-distributed magazines including American Profile, Relish
and Spry, announced a number of executive hires and promotions this week. Amy Chernoff has been named senior vice president and group publisher for all PGA titles; most recently, she served as
vice president and publisher of American Profile and director of corporate sales. Chernoff will lead a group of associate publishers working with PGA's three main titles: Linda Rich was
promoted to associate publisher, direct response; Shannon Hay was promoted to East Coast associate publisher; Erica Schultz was promoted to Midwest associate publisher; and Frank Zier was promoted to
Nashville and West Coast associate publisher.
The position of associate publisher is a new one for PGA. On the hiring front, PGA named Michele Belier director of research marketing, another new
position; she previously worked as vice president and group print director for Zenith Media. Finally, Julia Light has been hired as marketing services director for PGA; she previously served as vice
president and marketing services director for Playboy.
RDA Cuts 8% of Workforce
Feeling the effects of the recession, the Reader's Digest Association is cutting 8% of its
workforce, or about 280 people out of a worldwide team of 3,500. The company is also suspending 401(k) contributions and requiring employees to take five days unpaid leave in 2009 and 2010.
NGS Launches Music Label
Nat Geo Music, the music division of the National Geographic Society, is launching a music label that will record, release and promote modern music from
around the world. The Nat Geo Music label is headed by General Manager Matt Whittington, formerly label manager for ESL Music/Thievery Corporation. The label will be distributed globally through
various partnerships. Marketing, radio promotion, press and logistical support will be provided by World's Fair Label Group.
Nat Geo Promotes Execs
The National Geographic
Magazine Group has promoted Bryan Kinkade to the post of advertising director for National Geographic Adventure magazine, and Jeff Nicholson to advertising director of National Geographic
Kids magazine. Kinkade was previously director of travel and tourism for National Geographic Adventure; Nicholson was previously East Coast account manager for the same magazine.
Seibert Named President of SmartMoney
Andrew Seibert has been named to the newly created role of president of SmartMoney magazine. Seibert will continue as vice president and
publisher of SmartMoney's Custom Solutions, its custom-publishing operation. Seibert will be responsible for circulation, advertising and marketing operations at the print magazine and for
SmartMoney.com.