Roger Lynch, former CEO of Pandora and Dish Network’s Sling TV, has been named CEO of Condé Nast in a move that signals the role technology will play in the future of traditional media companies.
Jonathan Newhouse, newly appointed chairman of the company, said a “thorough search” had determined that Lynch is “the right person to lead Condé Nast during our new phase of global integration, growth and transformation.”
Board member Steve Newhouse saluted Lynch’s “passion for great journalism, magazines that make a difference, and brands that have exceptional potential for growth.”
Condé has a stable of estimable magazine brands, including The New Yorker, Vogue and Vanity Fair, but has seen double-digit declines in print circulation and declines in advertising, with Facebook and Google vacuuming up nearly 80 cents of every dollar spent on online advertising.
Lynch, whose tech-oriented travels have also included stints at Video Networks International in...
Jonathan Newhouse, newly appointed chairman of the company, said a “thorough search” had determined that Lynch is “the right person to lead Condé Nast during our new phase of global integration, growth and transformation.”
Board member Steve Newhouse saluted Lynch’s “passion for great journalism, magazines that make a difference, and brands that have exceptional potential for growth.”
Condé has a stable of estimable magazine brands, including The New Yorker, Vogue and Vanity Fair, but has seen double-digit declines in print circulation and declines in advertising, with Facebook and Google vacuuming up nearly 80 cents of every dollar spent on online advertising.
Lynch, whose tech-oriented travels have also included stints at Video Networks International in...
- 4/4/2019
- by Dade Hayes
- Deadline Film + TV
Condé Nast has named former Pandora head Roger Lynch to the newly created position of global CEO, the company announced Thursday.
Lynch, an outsider tech executive, most recently served as CEO of music streaming service Pandora and before that as founder and CEO of Sling TV. His appointment caps a months long search for the job since Bob Sauerberg Jr revealed last November that he would leave the company.
Lynch will officially start work in the new job on April 22 at which time he will also join the Condé Nast board of directors.
Also Read: How Digital Video Publishers Are Racing to Take Advantage of Connected TV's Growth in Popularity
His appointment comes as the longtime media publisher faces grim industry headwinds that have forced a number of changes and contractions from many of the company’s signature media properties.
Last year, the company ended regular print runs of Glamour,...
Lynch, an outsider tech executive, most recently served as CEO of music streaming service Pandora and before that as founder and CEO of Sling TV. His appointment caps a months long search for the job since Bob Sauerberg Jr revealed last November that he would leave the company.
Lynch will officially start work in the new job on April 22 at which time he will also join the Condé Nast board of directors.
Also Read: How Digital Video Publishers Are Racing to Take Advantage of Connected TV's Growth in Popularity
His appointment comes as the longtime media publisher faces grim industry headwinds that have forced a number of changes and contractions from many of the company’s signature media properties.
Last year, the company ended regular print runs of Glamour,...
- 4/4/2019
- by Jon Levine
- The Wrap
Bob Sauerberg, who spent 18 years at Condé Nast and became CEO in 2016, will be leaving his post to make way for a new leader who will oversee both domestic and international operations.
The move comes as traditional publishers grapple with shifts in consumer habit and ongoing digital disruption. Sauerberg’s exit is more directly tied to an effort by the media company to unify its traditionally sprawling international ranks and become a global enterprise. He plans stay in the corner office until a search is completed for what the company described as “a CEO with global experience.”
Condé Nast, home of The New Yorker, Vanity Fair and Vogue, has been among the many traditional media players continually trimming expenses. It recently announced that Glamour would halt regular print publication to focus its efforts online, and leased some of the floors it originally occupied at its 1 World Trade Center headquarters.
One...
The move comes as traditional publishers grapple with shifts in consumer habit and ongoing digital disruption. Sauerberg’s exit is more directly tied to an effort by the media company to unify its traditionally sprawling international ranks and become a global enterprise. He plans stay in the corner office until a search is completed for what the company described as “a CEO with global experience.”
Condé Nast, home of The New Yorker, Vanity Fair and Vogue, has been among the many traditional media players continually trimming expenses. It recently announced that Glamour would halt regular print publication to focus its efforts online, and leased some of the floors it originally occupied at its 1 World Trade Center headquarters.
One...
- 11/27/2018
- by Dade Hayes
- Deadline Film + TV
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