EXCLUSIVE: Condé Nast, like all media players, has been forced to reimagine itself. Over the past year, the company has laid off 5% of its staff, citing the impact of TikTok and other digital competition; reached a settlement with union members; and dealt with a decidedly choppy ad market.
Despite running that gauntlet, however, the media industry mainstay has notably not curtailed its ambitions to make a mark in film and television.
In fact, the company is starting to see encouraging returns on its commitment to a print-to-screen pipeline. Condé Nast now has 14 projects in production or post-production set up with distributors like Amazon, Netflix, HBO and Warner Brothers, plus another 23 projects in development with independent financial backers.
Two titles just out this month are based on Vanity Fair pieces. Breath of Fire, a multi-part docuseries on HBO and Max, explores the multi-million-dollar Kundalini yoga industry and its scandalous leader Guru Jagat.
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