Conde Nast slimming down portfolio
October 31st, 2008 Leave a comment Visited 39 times, 1 so far today
Conde Nast slimming down portfolio
Conde Nast has become the latest media company to announce some changes as the industry is struggling with falling advertising revenues.
The company has announced that they are now scaling back its plans for business magazine Portfolio.
They are also cutting company budgets 5 percent.
They are now going to publish Portfolio 10 times a year instead of 12.
Men’s Vogue would be published two times a year instead of 10.
Editor Joanne Lipman spoke about these changes: “We’re willing to adjust our business models to reflect the world.”
Checkout: Conde Nast
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