*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).
Melissa Gonzalez, CEO and Founder of The Lionesque Group, joins Cheddar News' Closing Bell, where she explains why she feels mixed about the Walmart's new initiative and what will make mass adoption of this offering difficult.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
Despite Netflix's successful fourth-quarter earnings report, investors are hitting the 'pause' button after the company admitted that competition from other streaming platforms could eat into growth. Netflix is also lowering expectations for expected subscriber growth for the first quarter of this year, anticipating it will add just 2.5 million, far below the 3.98 million subscribers it added during the same quarter one year ago. What could happen to the streaming giant as the streaming wars keep heating up? Greg Martin, Co-Founder of Rainmaker Securities, joins Cheddar News' Closing Bell to discuss whether Netflix could lose its top spot, how it's trying to compete with other platforms, the streaming industry landscape, and more.
eToro, the social trading platform that offers crypto, forex, and equities, recently announced that it's giving U.S. users the option to include stocks and ETFs as part of their investment portfolios. Lule Demmissie, CEO of eToro U.S., joined Cheddar to talk about the company’s expanded offerings. "We felt, although crypto is a fantastic asset class, that individuals benefit from having a broader access to different kinds of investments, and equities is definitely one of them," Demmissie noted.
Coming off of CES, Blink Charging announced a partnership with legacy automaker General Motors to provide charging stations for its newest electric cars. The company specializes in stations they own and operate that also accommodate residential and commercial locations. Michael D. Farkas, founder and CEO, noted that they "don’t discriminate” when it comes to locating their chargers while also taking the philosophy of seeing their hardware more like hot water heaters rather than smartphones constantly in need of upgrading. "We believe it's one of the reasons why we were selected by GM," Farkas said. "These dealerships have to invest in these locations and make sure that this hardware is workable for a very, very long period of time."
Simeon Siegel, managing director and senior analyst at BMO Capital Markets joins Cheddar News to discuss CNBC's report that Peloton plans to halt production, despite the company's CEO denying those claims.
Mona Zhang, states cannabis policy reporter at POLITICO Pro joins Cheddar News to discuss major factors that caused Canada's retail marijuana sales to drop last year.
Jackie Rotman, founder and CEO of the Center for Intimacy Justice joins Cheddar News to talk about why Facebook is banning ads by companies targeting women's sexual health but not ads catered to men.
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.