fashion-memopad
fashion-memopad

Memo Pad: Chasing Roitfeld... Cuts at Condé Nast..

Most American viewers hoping to catch the CNN documentary on French Vogue editor in chief Carine Roitfeld will either have to play hooky or wait.

fashion-memopad/news


THE EARLY SHOW: American viewers hoping to catch the CNN documentary on French Vogue editor in chief Carine Roitfeld will either have to play hooky, set their TiVos, wait for the weekend — or catch it on the network’s Web site. The program was slated to air on U.S. television earlier this morning at 4:30 a.m. and again at 1:30 p.m. EST. The 30-minute episode of “Revealed” debuted Wednesday morning in Europe and is set to rerun over the weekend. In Europe, viewers can tune in on Saturday at 8:30 a.m. or 7 p.m. GMT, or on Sunday evening at 6:30 p.m. GMT, while Stateside the program will be aired on Saturday at 3 p.m. EST and on Sunday at 2:30 p.m. EST.

— Natasha Camilla Montrose




CUTS AT THE TOP:
Condé Nast chief executive officer Chuck Townsend warned staffers in an internal memo March 5 that the company “will have to make additional difficult decisions to manage costs and ensure our financial well-being.” On Wednesday, one of those decisions affected the Condé Nast Media Group: the division laid off around 10 of its 135 staffers. A company spokeswoman confirmed the layoffs but did not confirm a specific number of employees dismissed. The move comes as Condé Nast has taken another hard look at its numbers after a tough first quarter, where ad pages across its biggest titles posted large double-digit losses compared with the first quarter of 2008. The recession has taken a large bite out of the Media Group as well — though it’s responsible for nearly 80 percent of Condé Nast’s ad revenue, the division has canceled two of its largest marketing programs, Fashion Rocks and Movies Rocks, due to the economic climate.

In recent weeks, publishers within Condé Nast have been asked to identify another 10 percent of their individual budgets that could be trimmed, whether from head count or from expenditures on travel and events. The move follows a decision in November to trim 5 percent of both budgets and head count for the entire company. Since then, Condé Nast has instituted a company-wide wage freeze, cut tuition reimbursement and reduced pension benefits.

— Stephanie D. Smith



MAKE YOUR OWN MAGAZINE: Time Inc. on Friday will debut mine magazine, a service that combines content from magazines within Time Inc. and American Express Publishing Corp.into a customized magazine that will be tailored to a reader’s interests. The magazine, which will be produced once every two weeks in a digital and 36-page print format, is sponsored solely by Lexus and will be free to readers. Magazines that could be included in these customized issues include Time, Travel + Leisure, Real Simple, Food & Wine and In Style, with a total of 56 editorial combinations available.

Meanwhile, at Time Inc.’s Digital Showcase Wednesday, John Squires, executive vice president, said the publisher would begin testing a paid-content model within the next six to eight months, beginning with mobile. He didn’t detail which products or magazines would be involved. Time Inc. is the latest publisher to consider jumping onto the paid model bandwagon after The New York Times revealed it was examining how it could charge for some of its Web content.

— Amy Wicks

 

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