More changes are afoot at media giant Condé Nast. The publishing company has just announced that they will be folding the print edition of the hugely popular magazine Teen Vogue as well as decreasing the print presence of many of their other brands.
The Teen Vogue website will continue to operate, however the company will be laying off 80 employees as part of the new restructuring. Condé Nast’s other print titles, including GQ, Allure, Glamour and Condé Nast Traveler will now publish fewer print issues a year. Folding Teen Vogue come as a bit of a surprise considering its widespread success recently, however as the industry becomes more and more dependent on the digital market, it does make sense.
We’ll have to wait and see how the publishing industry continues to develop as more publications transition to a digital-only presence. Stay tuned!