Conde Nast Cuts Website Launches but Still Hopeful About Magazines!
Conde Nast: Always looking to the future! Agency Spy is saying that a spy has told them that Conde Nast has decided to put all its website launches on hold for the time being. Maybe not all that surprising considering not that long ago they decided to downsize Portfolio…in the middle of a financial crisis. But still. We all know everyone is tightening their belt at the moment, but is reducing your presence online really a smart move?
Maybe the point is they don’t actually care all that much. At today’s Newhouse panel at the Plaza the three titans of Conde Nast — David Remnick, Graydon Carter, and (apparently not going anywhere) Anna Wintour — didn’t seem all that fazed. The New York Observer reports that when asked about the current media crisis this is what they had to say:
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