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Condé Nast Publications

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Condé Nast Publications

Type	Subsidiary
Founded	1907
Headquarters	London, New York, Sydney, Paris, Tokyo, Milan
Parent	Advance Publications

Condé Nast Publications Inc is a worldwide magazine publishing company based in New York City. Their office is located at 4 Times Square. The company also has offices in London, Los Angeles, Chicago, San Francisco, Paris, Milan, and elsewhere. Condé Nast is credited with creating the now widely used magazine marketing strategy emphasizing magazines focused on a particular class or interest, sometimes known as lifestyle magazines. Many Condé Nast magazines have their principal focus in fashion, although the company's publications also include travel, food, home, culture, and other interests. S.I. Newhouse recently announced the launch of his newest magazine, a business monthly called Condé Nast Portfolio. The Condé Nast family of publications also includes Fairchild Publications, a former competitor before it was bought by S.I. Newhouse. Fairchild publishes many successful monthly magazines in addition to the specialized daily trade publication Women's Wear Daily. Condé Nast Publications was founded by Condé Montrose Nast, who took over the flagship magazine, Vogue, in 1909. In 1959, S.I. Newhouse purchased a controlling interest. It is now part of the holding company Advance Publications which is owned by the Newhouse family. By 1998 the group included 17 such publications, many of them the largest in their markets. It had an average total circulation of over 13 million issues a month, and an estimated actual readership five times larger than that. Charles Townsend is the current CEO/president of Condé Nast, Richard D. Beckman is the president of the Condé Nast Media Group, David Carey and Mitchell B. Fox, the former publisher of Vanity Fair, are the current Group Presidents. Thomas J. Wallace, who was promoted from his position as editor-in-chief of Condé Nast Traveler, is the editorial director. Condé Nast Media Group is the corporate sales and marketing arm of the company and the creator of the 3 year old fashion, music spectacular on CBS called Fashion Rocks, which airs the first week in September. On October 31 2006, Condé Nast acquired the content aggregation site reddit.^[1] Condé Nast folded the women magazine Jane with its August issue in 2007. Its website will shut down as well.