Condé Nast closing Details magazine

Details, a men’s magazine with a circulation of about 560,000 according to Condé Nast’s own figures, had long been the subject of speculation that it would close. Its December 2015/January 2016 issue will be its last, Mr. Sauerberg said, and its editor, Dan Peres, and chief revenue officer, Drew Schutte, will leave the company.

The changes were presented as part of a broader business restructuring. GQ will expand its GQ Style offshoot to fill the space left by Details, with a larger digital presence and a new quarterly print schedule. The sales and marketing teams at Glamour and Self will also combine, and the publisher and chief revenue officer of Self, Mary Murcko, will leave the company.

The closing ends a 33-year run for Details, which was founded as an avant-garde magazine, covering fashion and the downtown Manhattan scene, to great acclaim. Condé Nast bought it in 1988, for what some reports suggested was around US$2m.

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Source: NYTimes

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