Condé Nast Cuts Self, Wired, Glamour Magazines

0:00On April 17th, Condé Nast is shutting down its Women's Health magazine himself after 47 years in business. They're also closing Wired's edition in Italy and glamorous operations in Germany, Spain, and Mexico. CEO Roger Lynch announced this in a memo, saying these moves free up cash for bigger growth areas. The main reason? These titles make up just over 1% of total revenue, but stay unprofitable as reader habits change online. Self, which when digital only back in 2017, still pulls in over 20 million monthly visitors. Its health content will now fold into brands like a lure and glamour. Folks in the industry aren't shocked, given self's long run and awards like a National Magazine award and a webby. But it hits hard for staff and loyal readers who've relied on its wellness tips for decades. Meanwhile, Condé Nast is shaking up its tech teams to handle AI faster, making them leaner and closer to brands. This follows recent shifts, like glamour dropping print in 2018, a lure going digital in 2022,

1:03pitchfork merging into GQ this, year, and vogue absorbing teen vogue last fall. The media world keeps contracting, with job cuts averaging over 14,000 a year since 2018. Condé Nast's betting on smarter integration to ride out the storm and build for what's next.