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Reddit is seeking a valuation of up to $6.5 billion in its upcoming IPO, according to a person familiar with the matter. The Wall Street Journal was first to report on the expected range and valuation. Employees will be allowed to sell Reddit stock during the offering, the source added. Reddit had a private market valuation of $10 billion when it last raised a funding round of $1.3 billion in 2021, according to PitchBook. Reddit's IPO will represent the first major tech offering of the year and the first social media IPO since Pinterest's Wall Street debut in 2019.

Persons: Reddit, Sam Altman's, he'd, Altman, Condé Nast, Alexis Ohanian, Steve Huffman, Airbnb, OpenAI's, John Tuttle Organizations: New York Stock Exchange, Tencent, Advance Magazine Publishers, Securities and Exchange Commission, Google, Reddit Locations: Los Angeles , California, Reddit

☆ Inside The New York Times' big plans for its Cooking app
▼ + stars: | 2024-02-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

She joined the Times in 2007 as a web producer and later helped launch the Cooking app in 2014. Rachel Vanni via The New York TimesWhile many media companies have struggled recently, The New York Times has been a big digital success story. The Cooking app, along with Games, The Athletic, and Wirecutter, have bolstered the company's subscription business by providing different entry points. The "All Access" bundle strategy also lets the Times leverage upticks in demand for different types of content depending on the time of year (such as the winter holidays, which are peak cooking times) or news cycles. Cooking has learned that newer users perceive Times recipes as taking longer than they say.

Persons: foodies, Emily Weinstein, weren't, Rachel Vanni, Camilla Velasquez, Cooking's, Weinstein, Eric Kim, Melissa Clark, Clark, Matthew Tom, Wolverton, Adam Nagourney, Meredith Levien, Los Angeles Times haven't, they're, It's, Wirecutter, Condé, Bon Appétit, Carla Lalli, Molly Baz, Alison Roman, David Lebovitz's Organizations: The New York Times, Times, Business, New York Times, Games, The Athletic, Food, NYT, YouTube, longtime, Journalism, Athletic, Washington Post, Los Angeles Times Locations: America, TikTok

☆ Wait. Why is Reddit losing so much money?
▼ + stars: | 2024-02-27 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Last year, according to Reddit's newly filed IPO documents, the company generated $804 million in revenue and lost nearly $91 million. But it's still a lot of money to lose selling a free product. AdvertisementOne big, obvious answer: It has been hiring a lot of engineers and spending a lot of money on their salaries. (Note: There are some dumb stories floating out there about Reddit CEO Steve Huffman getting paid $193 million last year. The best argument I can make in their defense is that Reddit is still adding a lot of users and that more users equals more ad money.

Persons: —, it's, Condé Nast, that's, Steve, Greg Doherty, Steve Huffman, Elon Musk, Reddit, they're, Alex Heath Organizations: Service, Facebook, Business, Twitter, Google

☆ Margaret Zhang, Australian-born editor of Vogue China to step down
▼ + stars: | 2024-02-27 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Vogue China editorial director Margaret Zhang has announced that she is stepping down just three years after becoming the youngest person to lead any of the fashion bible’s 28 editions. Zhang’s appointment as Vogue China’s editorial director in 2021 came as something of a surprise. But she also won praise for modernizing Vogue China and championing diversity at the title. In her resignation announcement, Zhang said the publication had enjoyed “record growth in video” and the “highest engagement events in the history of Vogue China” during her editorship. The Ghanaian-born fashion editor unexpectedly stepped down last June after more than six years at the helm.

Persons: Margaret Zhang, ”, Zhang, —, Condé, — Anna Wintour, ” Zhang, Ik, “, Anna Sui, Edward Enninful, Condé Nast, Roger Lynch Organizations: CNN — Vogue China, Vogue, Vogue China, US, Milan, Condé Locations: China, Australian, Sydney —, Mulberry, Vogue China, Ghanaian

☆ Reddit has never turned a profit in nearly 20 years, but it just filed to go public anyway
▼ + stars: | 2024-02-23 | by ( Clare Duffy | John Towfighi | ) edition.cnn.com time to read: +6 min

The move would make Reddit the first major social media company to go public since Snapchat in 2017. In its 18 years as an online social hub, Reddit has seen enormous growth, occasional controversy and even market-shifting stunts. Reddit users often post anonymously in these forums, discussing everything from memes to major news events. Steve Huffman, CEO of Reddit attends Variety & Reddit An Evening With Future Makers at Wynn Las Vegas on January 05, 2023 in Las Vegas, Nevada. Still, the incident helped draw attention to the power of Reddit communities.

Persons: New York CNN — Reddit, Reddit, ”, Steve Huffman, ” Huffman, Condé Nast, Alexis Ohanian, Huffman, Sam Altman, Ohanian, TheFacebook, Greg Doherty, ” Reddit Organizations: New, New York CNN, San Francisco, New York Stock Exchange, Securities and Exchange Commission, Advance, University of Virginia, Facebook, YouTube, Twitter, Wynn Las, Variety, GameStop, Google Locations: New York, San, Wynn Las Vegas, Las Vegas , Nevada

☆ Reddit files to list IPO on NYSE under the ticker RDDT
▼ + stars: | 2024-02-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +6 min

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol "RDDT." The social networking company's core business is reliant on online advertising sales stemming from its website and mobile app. Reddit said the current addressable advertising market is $1.0 trillion, sans China and Russia. Reddit said that its non-employed moderators, known as Redditors, can participate in the company's IPO offering through its "directed share program."

Persons: Reddit, Pinterest, Alexis Ohanian, Steve Huffman, It's, DAUq, Condé Nast Organizations: Securities and Exchange Commission, New York Stock Exchange, P Global Market Intelligence, Google, eBay, . Publishing, Condé Locations: U.S, Reddit's U.S, China, Russia, Ukraine

☆ Debra OConnell to Oversee News at Disney
▼ + stars: | 2024-02-14 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

The Walt Disney Company announced on Wednesday that a longtime executive at the company, Debra OConnell, would become the president of a newly created division that will include ABC News and the company’s local stations. Image Debra OConnell will become the president of a newly created division that will include ABC News and the company’s local stations. Credit... Randy Shropshire/Variety, via Getty ImagesThe reorganization mirrors what has taken place at other network news divisions. Several executives at NBC News report to Cesar Conde, the chairman of the so-called NBCUniversal news group, a division that includes local news and cable networks like MSNBC. Wendy McMahon, the president of CBS News, also oversees local stations.

Persons: Debra OConnell, OConnell, ” Kim Godwin, Debra, ” Dana Walden, Randy Shropshire, Cesar Conde, Wendy McMahon Organizations: Walt Disney Company, ABC, America, ABC News, Disney Entertainment, Variety, Getty, NBC, MSNBC, CBS News

☆ Paramount Global to lay off 800 employees after record Super Bowl ad revenue and ratings
▼ + stars: | 2024-02-13 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes just days after its CBS network saw record-breaking advertising sales and the highest-rated telecast for the Super Bowl. The company’s chief executive, Bob Bakish, announced the layoffs in a memo to employees Tuesday obtained by CNN. While Bakish did not specify the number of layoffs, sources familiar with the matter told CNN around 800 employees, or roughly 3% cut of the company’s workforce, will be affected. Paramount is the latest media conglomerate to lay off staffers in 2024.

Persons: Bob Bakish, Bakish, —, ” Bakish, Shari Redstone, David Zaslav, David Ellison’s Skydance, Condé Nast Organizations: CNN, Paramount Global, CBS, Super, National, Warner Bros, Discovery, RedBird, Paramount, Bloomberg, Los Angeles Times, TIME, Business, Condé, Forbes, The New York Daily News

☆ Paramount's Super Bowl livestream problems are a warning for Netflix and the new mega sports streamer
▼ + stars: | 2024-02-12 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Paramount, which broadcast and streamed the game to what was probably the biggest audience in the game's history. And Paramount, whose Paramount Plus livestream conked out for some users, who took to the internet to complain. AdvertisementWithout more detail from Paramount, it doesn't make sense to speculate about the cause of Paramount's problems. Like Netflix, which struggled to show a live episode of "Love is Blind" less than a year ago.

Persons: —, Taylor Swift, Robert F, Kennedy Jr, ESPN's, it's, Roger Lynch, Lynch, Condé Nast, Comcast's Peacock Organizations: Service, Kansas City Chiefs, Paramount, San Francisco 49ers, Business, HBO, Big Tech, Netflix, NFL

☆ British Vogue features 40 ‘legendary’ cover stars for editor Edward Enninful’s final issue
▼ + stars: | 2024-02-09 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

CNN —For British Vogue’s final issue under Edward Enninful, the outgoing editor-in-chief put not one superstar on the cover, but 40 of them. Forty previous cover stars return for Enninful’s final issue. Steven Meisel“When it came to my last issue, I knew the cover would be dedicated to women. Ned RogersNaomi Campbell, who has now appeared on four British Vogue covers during Enninful's tenure. His other cover stars included 82-year-old Miriam Margolyes, who posed nude for last year’s Pride Month issue, and a then-85-year-old Dame Judi Dench.

Persons: Edward Enninful, Naomi Campbell, Cindy Crawford, Miley Cyrus, Linda Evangelista, Jane Fonda, Kate Moss, Serena Williams, Steven Meisel, Ned Rogers, Enninful, Steven Meisel “, ” Enninful, ”, shockwaves, Misan Harriman, Kennedi Carter, Ned Rogers Naomi Campbell, Ned Rogers Enninful, Fonda, Miriam Margolyes, Dame Judi Dench, Christy Turlington, CNN’s Christiane Amanpour, Anna Wintour’s, Condé Nast, Chioma Nnadi Organizations: CNN, Hollywood, Vogue, British Vogue Locations: Ghanaian, Dua Lipa, Manhattan, London, Paris, Milan, Los Angeles, British

☆ George Hoyningen-Huene: The man who captured the jazz age on film
▼ + stars: | 2024-02-07 | by ( Christian House | ) edition.cnn.com time to read: +7 min

CNN —In 1930 George Hoyningen-Huene pulled off one of the greatest dupes in the history of photography. George Hoyningen-Huene Estate ArchivesRönngren said Huene was “like Forrest Gump. George Hoyningen-Huene Estate ArchivesAll this gossip and glamour would, of course, make great television: and Rönngren is now working on a Netflix drama about the photographer’s life and times. The Jaeger exhibition, which presents works, dating from 1927 to 1955, coincides with the publication of “George Hoyningen-Huene: Photography, Fashion, Film” by Susanna Brown (Thames & Hudson). Photographer George Hoyningen-Huene in the studio in Paris, 1937.

Persons: George Hoyningen, Huene, Horst P, Horst, Lee Miller, ”, “ George Hoyningen, Katherine Hepburn, Josephine Baker, Benjamin Jaeger, Steffi, ” Huene, Baron Barthold Theodor Hermann von Hoyningen, Tsar Nicholas II, Susannah Brown, George, Salvador Dalí, Weissmuller, Huene “, Tommy Rönngren, Asa, Tommy “, Rönngren, Forrest Gump, Joseph Pilates, Ava Gardner, Sophia Loren, George Cukor, Condé Nast, Cole Porter, “ sauvage, Greta Garbo, Marlene Dietrich, “, Dietrich, Garbo, ’ ” Heune, Miriam Hopkins, Susanna Brown, Baker, Roger Schall, Lisa Fonssagrives, Irving Penn, Jaeger Organizations: CNN, Vogue, Cote, Jaeger Art, Jaeger, “, British Army, Condé, Thames & Hudson, Nexus Hall, Neue, Hudson Locations: Paris, Russian, New York, Côte, Berlin, St Petersburg, England, France, Montmartre, Swedish, Huene, Horst’s, Stockholm, “, Hollywood, revolté, Thames, Tokyo, Europe, Germany

☆ Some Fall Out of Vogue. She Jumped.
▼ + stars: | 2024-02-07 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

When Gabriella Karefa-Johnson, the fashion editor-personality who became famous as the first Black woman to style a Vogue cover (in 2021) and even more famous after she got into a social media brouhaha with Kanye West, was interviewing for her first big fashion job at Vogue, she ended up, not surprisingly, in front of Anna Wintour. Ms. Wintour asked Ms. Karefa-Johnson where she wanted to be in 10 years. Ms. Karefa-Johnson answered — as Ms. Wintour once had, when asked a similar question — editor in chief of Vogue. Almost exactly a decade later, Ms. Karefa-Johnson doesn’t necessarily want that any more. “I resigned as kind of a material action of solidarity and because it was just time for me to move on,” Ms. Karefa-Johnson, 32, said recently.

Persons: Gabriella Karefa, Johnson, Anna Wintour, Ms, Wintour, Karefa, —, Kamala Harris, Amanda Gorman, Margot Robbie, Barbie ”, Condé Nast, “ Organizations: Kanye, Vogue Locations: Israel, Gaza

☆ Miley Cyrus wows Grammy’s red carpet in gold safety-pin dress
▼ + stars: | 2024-02-05 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Pop star Miley Cyrus stunned the Grammys red carpet on Sunday by wearing a gown that appeared to be almost entirely made of gold safety pins. The metallic, net-like dress channeled both a 1920s flapper and an Egyptian goddess, its pins intricately arranged to resemble a collar and undergarments. Miley Cyrus poses on the red carpet on her way into the 66th Grammy Awards. Cyrus completed her red carpet look with a pair of yellow tabis, the split-toe shoes that have become a cult favorite among Margiela fans. Kevin Winter/Getty Images“This last year I featured Miley’s wet look for hair,” Recine said, according to a press statement from haircare brand Nexxus.

Persons: Miley Cyrus, Farrah Fawcett, —, Maison, Frazer Harrison, John Galliano, Cyrus ’, Cyrus, Gwendoline Christie, John Galliano's, Guy Marineau, Condé Nast, Pat McGrath —, James Kaliardos, Kaliardos, tresses, Bob Recine, Dolly Parton, Recine, Kevin Winter, ” Recine, Mariah Carey, Bob Mackie, Tina Turner —, Gucci Organizations: CNN, Getty Locations: Maison Margiela, Paris, France

☆ I spent $470 on a night at Gleneagles, Scotland's best hotel, and would recommend the splurge
▼ + stars: | 2024-02-04 | by ( Priya Raj | ) www.businessinsider.com time to read: +1 min

Gleneagles is a byword for Scottish luxury. The Gleneagles hotel first opened in 1924. David Cannon/Getty ImagesThe five-star luxury hotel opened in the town of Auchterarder, Perthshire, in 1924, and is celebrating its centenary. I'd heard about Gleneagles from friends whose parents are weekend golfers, and international students at my university who had some experience of the world's best hotels. I decided 2024 was the year I'd visit after Gleneagles was placed 32nd on the "World's 50 Best Hotels" list, the only Scottish property to be mentioned.

Persons: David Cannon, I'd, Gleneagles, Condé Locations: Auchterarder, Perthshire, Scotland

Pitchfork announced it was no longer a freestanding music site, after digital publications BuzzFeed News and Jezebel disappeared last year. Even The Washington Post, whose subscriptions boomed during the Trump administration, has seen a falloff, leading its management to acknowledge that it was too optimistic in expansion plans and needed to cut costs. THE PATH FORWARD IS JUST AS BUMPYSome of the troubled outlets also have unique issues that contributed to their problems. “We need journalists in society, and we will find a way to fill that need,” he said. But in the short run, it's going to be ugly.”___David Bauder covers media for The Associated Press.

Persons: —, tacos, Jezebel, Conde, walkouts, ”, Didier Saugy, Gray, Jeff Jarvis, ” Jarvis, “, Trump, Jeff Bezos, Patrick Soon, Jarvis, Aileen Gallagher, that's, Elon Musk's, ” Gallagher, Jim VandeHei, haven't, Tara Dublin, Steve Reilly, you've, ___ David Bauder Organizations: National Press, Los Angeles Times, Business, Time, Washington Post, Pitchfork, Washington Post , New York Daily News, Conde Nast, Press Club, Northwestern University, New York Times, Hollywood, Philanthropy, Associated Press, MacArthur Foundation, Knight Foundation, ” Tech, Syracuse University, Google, Publishers, Facebook, Twitter, Sports, Axios, Politico Locations: Washington, Washington Post , New, United States

CHICAGO (AP) — More than 200 reporters, photographers and other staffers with the Chicago Tribune and six other newsrooms around the nation began a 24-hour strike Thursday to protest years of “slow-walked” contract negotiations and to demand fair wages. The strike, which includes 76 members of the Chicago Tribune reporting staff, photographers and some editors, began at 5 a.m., said Caroline Kubzansky, a member of the Chicago Tribune Guild who is a general assignment reporter for the newspaper. The NewsGuild-CWA, which represents the employees, said the workers participating in the 24-hour strike are demanding fair wages and that management not eliminate their 401(k) match benefits. Photos You Should See View All 45 ImagesThe union said cuts imposed by Alden Global Capital have “gutted newsrooms” and included cutting the Chicago Tribune's staff from 111 to 76 people since June 2021. And in late 2023, more than 200 workers at The Washington Post, owned by billionaire Amazon founder Jeff Bezos, accepted buyouts.

Persons: Caroline Kubzansky, “, ”, Jon Schleuss, Alden, Mitch Pugh, Conde Nast, Jeff Bezos, Gray Organizations: CHICAGO, Chicago Tribune, Chicago Tribune Guild, Alden Global Capital, CWA, Tribune Publishing, Chicago Tribune's, Goldin Solutions, The Associated Press, Vogue, GQ, Los Angeles Times, The Washington Post, Amazon, Orlando Sentinel, Virginian, Daily Press, Virginia Gazette, Tidewater, Virginian Press, Daily Locations: U.S, New York, Challenger, Chicago, Allentown , Pennsylvania, Virginia

☆ Startup news site The Messenger shutters less than a year after its launch
▼ + stars: | 2024-01-31 | by ( Chloe Melas | Doha Madani | ) www.cnbc.com time to read: +1 min

The Messenger, a startup digital news website that launched in May, is shutting down after reports that it was running out of money, an executive at the outlet who has been briefed on the matter told NBC News on Wednesday. The Messenger launched in May with Jimmy Finkelstein, who previously owned The Hollywood Reporter and The Hill, at the helm. It promised to provide "thorough, objective, non-partisan, and timely news coverage" in a time of bias and misinformation. Earlier this month, Semafor reported that The Messenger's board was considering shutting down the website as the outlet was set to run out of funds by the end of January. A day before staff were informed they were now without jobs, The New York Post reported that Finklestein was working to secure deals to inject new revenue into The Messenger to keep the site going.

Persons: Jimmy Finkelstein, Semafor, Finklestein, Conde Nast Organizations: NBC News, Hollywood, New York Post, Los Angeles Times, Forbes, Time, Sports Illustrated, Tech Crunch, Business

☆ Reddit may be targeting a $5 billion valuation for its upcoming IPO
▼ + stars: | 2024-01-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

The success of the IPO is contingent in part on the state of the IPO market, which has struggled in recent years. When Reddit first began preparing to go public in late 2021 — a record-breaking year for venture capital — some thought the company could be valued as high as $15 billion in an IPO. Investors are hoping that 2024 will be a more active year for the IPO market. This year's IPO market may also be helped by the Fed's promised rate cuts and a weak M&A market. The last time a social media company went public was in 2019.

Persons: Reddit, —, IPOs, Klaviyo, Steve Huffman, Alexis Ohanian, Aaron Swartz, Condé Nast, Ohanian, Huffman Organizations: Service, Bloomberg, Business, Investors, University of Virginia

☆ News industry off to brutal 2024 start as mass layoffs devastate publishers, raising questions about future of journalism
▼ + stars: | 2024-01-25 | by ( Oliver Darcy | Jon Passantino | ) edition.cnn.com time to read: +8 min

The recent round of layoffs, while pronounced, are part of a much larger and unrelenting storm battering the journalism industry. Over the past 18 months, most news organizations have been forced to make difficult decisions to reduce their workforces. “I am sorry to say that I do not see turning around most legacy outlets,” Jeff Jarvis, the Leonard Tow Professor of Journalism Innovation at the Craig Newmark Graduate School of Journalism, told CNN. Dan Kennedy, a journalism professor at Northeastern University, noted some local news outlets have found financial sustainability. “There are reasons to be optimistic given the hundreds of independent local news organizations that have sprouted up in recent years,” he said.

Persons: Condé Nast, ” Jay Rosen, “, Jeff Jarvis, Craig Newmark, ” Jarvis, ” Rosen, Steve Bannon’s, Margaret Sullivan, Sullivan, ”, ” Sullivan, Jeff Bezos ’, Patrick Soon, Dan Kennedy, Shiong’s, Jeff Bezos, ” Kennedy, Rosen Organizations: CNN, Los Angeles Times, Business, Condé, Forbes, The New York Daily News, Washington Post, NPR, Vice Media, Sports, Vox Media, NBC News, CNBC, Gannett, Netflix, Columbia University, Google, Meta, New York University, Craig Newmark Graduate School of Journalism, America, Guardian, The Washington Post, The New York Times, “ Democracy, Jeff Bezos ’ Washington Post, Northeastern University, “ Billionaire, Minneapolis Star Tribune, Boston Globe, Journalists Locations: Covid, Jeff Bezos ’ Washington

NEW YORK (AP) — Journalists at The New York Daily News and Forbes walked off the job Thursday amid contentious contract talks with management and a difficult few weeks in the news industry. The one-day strike at the Daily News coincides with Forbes walkout, which runs through Monday. The labor union's actions come at a tumultuous time for media outlets, an increasing number of which are owned by billionaires. This week, Time magazine and Condé Nast, the publisher of Vogue, Vanity Fair, GQ and other marquee magazines, both announced significant job cuts. Forbes spokesperson Laura Brusca said the company is “working diligently” to reach a contract with the union.

Persons: “ Alden, Condé Nast, Jeff Bezos, Alden Global, Michael Gartland, they’re, “, Andrea Murphy, ”, didn’t, Laura Brusca, ” Murphy Organizations: — Journalists, The New York Daily News, Forbes, Daily, Daily News, Strikers, York, Vogue, GQ, Condé Nast, Los Angeles Times, The Washington Post, Amazon, Sports, Alden Global Capital, Alden, The Daily News Locations: New York, Manhattan

☆ Pitchfork, the Early Years
▼ + stars: | 2024-01-24 | by ( ) www.nytimes.com time to read: +1 min

Last week, Condé Nast announced that Pitchfork, the taste-making music news and criticism website it had acquired in 2015 — which had entranced and sometimes infuriated fans for more than two decades — would be brought under the editorial umbrella of GQ. The announcement felt like a death knell for a certain kind of critical posture — progressive but not inaccessible, knowledgeable but also curious — that feels increasingly remote in the current media landscape. Some version of the site will continue, but online, the news was received with dismay and frustration. Guests:Ryan Schreiber, the founder of Pitchfork and its editor in chief for approximately two decadesChris Kaskie, Pitchfork’s first employee and first CEOConnect With Popcast. Become a part of the Popcast community: Join the show’s Facebook group and Discord channel.

Persons: Condé Nast, Ryan Schreiber, Chris Kaskie, Pitchfork’s, Jon Caramanica Organizations: Pitchfork, GQ, Facebook, Twitter Locations: —

☆ Anna Wintour kept her sunglasses on while firing Pitchfork staff, writer says
▼ + stars: | 2024-01-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewAnna Wintour is famous for her intimidating black shades — and one writer says she didn't remove them while laying off workers at music site Pitchfork. This story is available exclusively to Business Insider subscribers. Allison Hussey, a former staff writer for Pitchfork, wrote on X that the longtime Vogue editor kept her sunglasses on in a meeting informing staff they were losing their jobs. Wintour was elevated to global chief content officer of Condé Nast and global editorial director of Vogue in 2020. Condé Nast did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Anna Wintour, Allison Hussey, Wintour, Condé Nast, Anna Wintour —, Hussey, Puja Patel, Semafor, Meryl Streep's, Wears, Meryl Streep, Catherine Martin, Baz Luhrmann, Vittorio Zunino Celotto, Lauren Indvik Organizations: Service, Pitchfork, Business, Vogue, GQ, Fox, CNN, Financial, Ritz Locations: London

☆ More than 400 Condé Nast staffers stage one-day walkout to protest layoffs
▼ + stars: | 2024-01-23 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

The company then revised the plan, announcing it would lay off 94 unionized members, or some 20% of the Condé Nast Union. It is time to start bargaining in good faith with us.”The NewsGuild of New York has filed an unfair labor practice charge on behalf of Condé Nast Union, citing regressive bargaining. “Media workers at Condé Nast are key to the company’s success and reputation for excellence. “Guild members in Condé Nast Union walked off the job today to remind management of their worth and urge company reps to bargain in good faith. We demand nothing less.”A Condé Nast spokesperson dd not immediately respond to a request for comment.

Persons: Condé Nast, Prada, “, ” Ben Dewey, Condé Nast, Susan DeCarava, Condé Organizations: CNN, Condé, Vogue, GQ, New, New York City, Condé Nast Union, CNE, Condé, Condé Nast Union, “ Media, Los Angeles Times, Washington Post Locations: New York, Condé Nast, Condé Nast

☆ Emma Stone, Billie Eilish and and more react to their Oscar nominations
▼ + stars: | 2024-01-23 | by ( Marianne Garvey | ) edition.cnn.com time to read: +5 min

CNN —Those who were lucky enough to hear their names read among the Oscar nominees on Tuesday morning are expressing their gratitude for the honor. Thank you to Bradley for handing me this gift of a role and an experience.”Carey Mulligan and Bradley Cooper in "Maestro." Jason McDonald/Netflix“Maestro” creator Bradley Cooper, nominated for best picture, best original screenplay and best actor said, “We are all so grateful to be recognized along all of these incredible works of art this year. Parrish Lewis/NetflixMusician Jon Batiste’s “It Never Went Away” from the film “American Symphony,” that in part chronicles his wife’s battle with cancer, was nominated for best original song. And in a year of so many extraordinary songs - including those from our incredible fellow Barbie contributors,” the statement said.

Persons: Emma Stone, ”, “, Bella, “ Oppenheimer, ” Maestro, “ El Conde, ” Annette Bening, Bening’s, Nyad, Jodie Foster, Carey Mulligan, Bradley Cooper’s “ Maestro, Bradley, ” Carey Mulligan, Bradley Cooper, Jason McDonald, Maestro ”, Jamie, Alex, Nina Bernstein, ” Colman Domingo, “ Rustin ”, BAYARD RUSTIN’s, ” Jeffrey Mackenzie Jordan, Colman Domingo, Rustin, Parrish Lewis, Jon Batiste’s, Suleika, ” Batiste, ” Mark Ronson, Andrew Wyatt, Ken ”, “ Barbie, Greta Gerwig’s, Billie Eilish, Finneas, Celine Song, Greta Lee, Jon Pack, we’ve Organizations: CNN, Academy, ” Netflix, Netflix Locations: ”

The website, beloved for being one of modern music’s true centers of gravity and renowned for its daily record reviews scored 0.0 to 10.0, will be folded into GQ, parent company Condé Nast announced Wednesday. Schreiber sold Pitchfork to Condé Nast in 2015. Says Snapes: “Music is so much more than a ‘men’s interest’ or leisure pursuit. Pitchfork paid close, longform critical attention to so many different types of music, and so many different niches. “It’s the independent, experimental artists that are going to suffer.”___ Maria Sherman writes about music for The Associated Press.

Persons: Condé Nast, Anna Wintour, ” Wintour, Ryan Schreiber, Pitchfork, Schreiber, ”, Laura Snapes, ” Snapes, “, ” Ann Powers, ” Powers, Wintour, Melissa Consorte, Condé, P4K, Consorte, Joanna Melissakis, Gareth Paisey, Yasmin Williams, Sam Sodomsky, Williams, Paisey, “ We’ve, Taylor Swift, ” ___ Maria Sherman Organizations: ANGELES, Pitchfork, GQ, Associated Press, Napster, “, SPIN, Blender, PITCHFORK, AP, Condé Nast, The Associated Press

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