Founded in 1909 by Condé Montrose Nast, with the publication of his first magazine, Vogue, dedicated to fashion, the company came up with the marketing strategy, now universalized, launching publications devoted to specific subjects such as fashion, cooking, decorating, architecture and golf.
It now has a total circulation of about 13 million copies to several months, with a readership of more than five times that number to 17 journal titles.
This clustering of magazines, full of divisions and subdivisions, decided it was time to break some “barriers” to adapt to new technological reality in which there are multiple digital platforms for content distribution.
From now on, each publisher will be responsible for selling advertising both the printed versions, as the digital versions. This may not seem a big change, but the fact is that this will give more power to publishers and can greatly increase the revenue of the magazines, for advertising campaigns can be integrated across all platforms for content distribution.
Although it is still early to say whether this change will work, the idea seems promising. Only time will tell if this will work or not.
She is a founder of EliteChoice, a known luxury blog started in 2006 and have also worked with Mint, Hindustan Times Business daily for 4 yrs. She is an observer, a dreamer, an intuitive soul and believes in creativity. This mix of her personality developed her interest in world of trend spotting and she continues to awe us with her beautiful writings. You can follow her on Twitter @MsTweets, Google+ +Nishu Kakkar or Connect on Facebook Nishu Kakkar.