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Karlie Kloss, Kaia Gerber and Lewis Hamilton lead buyout of W magazine
Lewis Hamilton are among the names of investors who have come together to buy W Magazine.The high-end fashion magazine was formerly owned by Condé Nast, but now has a new ownership group named W Media.As well as Karlie, Kaia and Lewis, the group also includes W Magazine’s Editor-in-Chief Sara Moonves, movie producer Jason Blum, Forerunner Ventures’ Kirsten Green and Peloton’s Head of Marketing Dara Treseder.Under the new company, W is set to release ‘one aggregate print issue’ for the rest of the year due to the ongoing coronavirus pandemic.So this will be the annual New Originals issue which hits stands later this Fall.Then the magazine plans to resume the usual six issues per year publishing schedule.W Media say they will ‘focus on