Condé Nast Adapts To New Forces, Leaving Some Employees Unsettled

by MR Magazine Staff

A few years ago, Anna Wintour, David Remnick and Graydon Carter went to see S. I. Newhouse Jr., the man who turned Condé Nast into a gilded publishing empire and who handpicked them to lead its flagship magazines. The economy had crashed. The publishing industry was fighting a financial crisis that amounted to an existential threat. Mr. Newhouse, in his 80s, was approaching the end of his career. They were concerned, they told him at his apartment, decorated with selections from a postwar American art collection, about Condé Nast’s future. To succeed, they said, Condé Nast needed strong creative leadership across its portfolio of disparate magazines, the kind of leadership that Mr. Newhouse himself and his longtime artistic director Alexander Liberman had provided for decades. Read more at The New York Times.