The writing has been on the wall for a long time now; Digital has changed the print landscape. Lucky is the latest Condé Nast title to trim its
frequency, cutting back to 10 issues a year from 12. The move follows
Condé Nast’s decision last week to cut the frequency of W to 10 from 12, and the two titles join stablemates Details and Teen Vogue. Brides also recently cut its publishing schedule in half.
For
Lucky, the move is part of an ongoing reinvention of the title under
editor in chief Brandon Holley. Last month, in an unorthodox move, Condé
replaced publisher Marcy Bloom with Gillian Gorman Round, a former
beauty industry executive with no prior experience in publishing who
joined Condé a year earlier to lead so-called brand development. Round,
named general manager in charge of both business and editorial at Lucky,
is now tasked with finding a new business model that places greater
emphasis on digital.
In
January, Condé said Lucky would have a new digital platform in the
near future though it didn’t divulge any details about that plan. The
spokeswoman said Wednesday they had no announcements to make on that
front.
Lucky lost 15 percent of its newsstand sales in the first
half of 2012, the most recent data available, according to Alliance for
Audited Media, and 20 percent in ad pages for a total of 894, according
to Media Industry Newsletter.
This year, it will combine
December/January and June/July, and release a special interest
publication, similar to 2012’s “The Ultimate Style Guide,” with a second
SIP to be released in 2014.
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