Janice Min Leaves Us Weekly, The Trouble at Conde
cityfile · 07/21/09 11:28AM• Janice Min isn't renewing her contract as editor-in-chief of Jann Wenner's Us Weekly. Her No. 2, Michael Steele, will become acting editor in chief. [NYT]
• Condé Nast announced yesterday that it had retained the management consulting firm McKinsey to "develop new perspectives." They sure have their work cut out for them. Condé revealed today that its monthly mags witnessed a 37 percent drop in advertising in September. [Gawker, AdAge, NYO]
• More pain at Condé may be on the way: "Significant cost cuts, including more layoffs and the closing of more magazines" are coming, says Keith Kelly. [NYP]
• Yet more Condé news: The company is closing down Men.Style.com so it can focus on the soon-to-be relaunched websites of GQ and Details. [AdAge]
• The Boston Globe's largest union voted yesterday to approve the new contract that had been proposed by the New York Times Co. [NYT, E&P]
• This can't be a good sign about the state of affairs at CNN: Time Warner Cable is moving it from channel 10 to 78 and replacing it with FX. [MCN]