*By Carlo Versano* Condé Nast's shift to digital continued this week with an announcement that Glamour, the 80-year-old women's fashion magazine, would cease monthly print publication after its January 2019 issue. It follows similar moves by Teen Vogue and Self, other female-focused brands in the Condé stable. The vaunted magazine publisher lost $120 million last year amid a consolidation of its print properties. Samantha Barry, the editor-in-chief of Glamour, explained the decision in an interview with Cheddar Wednesday as a natural evolution of the brand ー to make sure it's "front and center" for its readers on the digital platforms they use most. She said she will invest in new initiatives, like digital covers, video series, and special projects for web and social audiences. Condé Nast said no layoffs were planned as part of the shift, [according to Variety](https://variety.com/2018/biz/news/glamour-ceases-print-magagazine-conde-nast-1203033464/). In order to focus on digitally-native content , Barry "wanted to come off a monthly cycle," she said. She noted that while Glamour's print circulation was robust and stable ー 2.2 million subscribers get the magazine every month ー it paled in comparison to its online audience, which totals 20 million people a month across platforms, according to a company spokesperson. In particular, Glamour's brand of "service journalism" that addresses wellness, sex, and fertility has been increasingly moving to online platforms. It was anachronistic to think that women were still waiting by their mailboxes each month to read and talk about those issues, Barry said. While revenues from glossy print ads are generally far higher than what media brands can charge for digital ads, Barry said she plans to offset that difference by diversifying Glamour's revenue model with new opportunities for sponsors, such as branded content and live events like the recent Women of the Year Awards. Barry added that Glamour would continue to produce two to three print issues a year, tied to flagship events like Women of the Year. She also said she was "exploring" a paywall that would be narrow in scope, and target certain areas ー career and negotiating tips, as an example ー but said a decision has not been made. As a Condé Nast title, Glamour is known for its high-quality content and lush photography. Barry said the shift to digital will not change that. "I want to take all of the quality that we've been doing in photography and fashion and beauty, and invest in that digitally." The last regular print issue of Glamour will hit newsstands Tuesday. For full interview click [here](https://cheddar.com/videos/glamour-eic-samantha-barry-says-goodbye-to-print-goes-digital).

Share:
More In Business
Meta's Earnings Meltdown: Weak Results, Apple iOS Privacy Impact, Metaverse Revenue Loss
Facebook parent company Meta reported weaker-than-expected fourth quarter earnings, and also issued disappointing guidance for Q1 2022. The tech giant is also under pressure due to Apple's iOS privacy change, as well as continued multi-billion dollar losses for its metaverse focused business unit. Angelo Zino, Tech Analyst at CFRA Research, joins Closing Bell to discuss the earnings results, how Apple's iOS privacy change will impact revenue, whether the metaverse is an underrated investment opportunity, and more.
Millions of Americans Forced to Relocate Due to Rising Rent
Rental prices are rising across the country, causing millions to relocate. Average rents rose 14 percent last year, and Americans expect rents will continue to rise by about 10 percent just this year. Daryl Fairweather, chief economist at Redfin, joins Cheddar News to discuss.
Gaming Industry Levels Up as Sony Acquires Bungie for $3.6 Billion
The video game industry has seen monumental growth the past few years - with an increasing amount of companies jumping head first into the space. In January alone, Microsoft announced its plan to acquire Activision Blizzard, game publisher Take-Two agreed to buy Zynga, and most recently, Sony announced it has agreed to buy game developer Bungie for $3.6 billion. Tobias Batton, CEO and founder of Ex Populus, joined Cheddar Movers to discuss the surge in M&A activity in the gaming space.
Facebook Parent Meta Slips on Disappointing Q4 Earnings
Facebook parent Meta reported disappointing results in its first quarterly earnings report since rebranding to focus on the metaverse. The tech giant delivered mixed results with quarterly profit falling well below Wall Street expectations. Shares plunged more than 20 percent in after hours trading as a result. Martin Garner, COO of CCS Insight, joined Cheddar Movers to break down the company's results.
Super Group Lists on NYSE as Sports Betting Heats Up
Super Group, the company behind leading global online sports betting and gaming businesses Betway and Spin, has landed on Wall Street. The company went public via SPAC with Sports Entertainment Acquisition Corp., and now lists on the NYSE under the ticker symbol 'SGHC.' This debut comes as the U.S. sports betting market continues to heat up with more and more states legalizing the practice. Eric Grubman, chairman of Super Group, joined Cheddar to discuss.
Miami Wants to Become Crypto Capital of the World
Miami wants to be the crypto capital of the world. Mayor Francis Suarez has gone all in on the blockchain, even accepting one of his first paychecks in Bitcoin, hosting one of the world's largest digital cryptocurrency conferences, and marketing Miami as a great place for tech experts to work. Maja Vujinovic, managing director of OGroupLLC, joined Cheddar's Fast Forward to discuss Miami's enthusiasm toward crypto, some of the potential risks that entails, and where the city might be heading when it comes to the crypto takeover.
Miami Booms as Tourist Destination, Despite Headwinds from Pandemic
Like so many other cities, Miami experienced a tourism boom over the summer after vaccines were distributed. But, the Omicron variant has thrown the travel industry for a loop. David Whitaker, president and CEO of the Greater Miami Convention and Visitors Bureau, joined Cheddar to discuss the city as a tourist destination, and how it has handled headwinds from the pandemic.
Miami Real Estate Market Explodes in Popularity During Pandemic
Miami's real estate market has boomed since early 2020, thanks to an overall strong housing market, remote work, and no income tax as incentives. The city is preparing to welcome even more residents as people relocate to warmer climates to work from home. Garrett Derderian, director of market intelligence at SERHANT, joined Cheddar to discuss the Magic City's red hot market.
Rockstar Unveils Unplugged New Hemp Seed Oil-Infused Drink, MTV Partnership
Rockstar Energy, a subsidiary of Pepsico, unveiled its new beverage brand, Rockstar Unplugged, changing up the energy drink formula with hemp seed oil as an ingredient. PepsiCo Energy CMO Fabiola Torres joined Cheddar News to talk about how the product promotes “good vibes” and allows consumers to unwind and discuss partnering with "MTV Unplugged" for a concert series. "We couldn't find a better partnership that MTV," she said. "MTV Unplugged has been such an iconic proposition … and we believe that we're the right partners because the insight of our proposition for Rockstar Unplugged comes from music.
Load More