Conde Nast's new global CEO is a former Pandora and Sling TV chief

Welcome to the latest edition of Ad Age Publisher's Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. On April 22, publishing conglomerate Condé Nast—home of Vogue, The New Yorker, Vanity Fair and other glossy titles—will get a new boss: Roger Lynch, the former CEO of Pandora. He'll move from San Francisco to take the top job at Condé's One World Trade Center headquarters in Manhattan, but he'll have more power than the previous New York-based chief, Bob Sauerberg, whose departure was announced last November. That's because the company is combining its international and U.S. divisions; Sauerberg ran the latter, but Lynch will lord over the whole shebang as global CEO. The outgoing head of Condé Nast International, Jonathan Newhouse—a member of the Newhouse family that owns the company—will become chairman of the board of directors. This is, of course, a brutally challenging time for legacy publishers, many of which have seen their largely advertising-supported business models nosedive as the Google-Facebook duopoly has risen. As I noted in this space when Bob Sauerberg's exit was announced, "the next leader of Condé Nast arguably has an even more torturous task than that faced by Sauerberg, as the company's big flagship titles—which once helped keep more marginal titles afloat—have lately seen continued dramatic revenue declines." Condé Nast has had some... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-04-04 00:00:00 UTC ]
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