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Karlie Kloss Leads Buyout of W Magazine, With Jason Blum Among New Owners
Todd Spangler NY Digital EditorW Magazine, the high-end fashion publication formerly owned by Condé Nast, has a new ownership group — led by supermodel/influencer/entrepreneur Karlie Kloss.On Friday, W Magazine Editor-in-Chief Sara Moonves (daughter of ousted CBS chief Leslie Moonves) announced that she assembled a group of investors led by Kloss to acquire the brand as part of a newly formed joint venture called W Media.Other investors in W Media include movie producer Jason Blum, founder/CEO of Blumhouse Productions; Lewis Hamilton; Forerunner Ventures’ Kirsten Green; Dara Treseder, now head of marketing at Peloton; Kaia Gerber; LionTree’s Aryeh B.
