Conde Nast’s Townsend on Why Gourmet Was Shut Down


NEW YORK (AdAge.com) — Not long after Conde Nast shut down Gourmet, Cookie and two wedding magazines on Monday, we asked its president-CEO, Charles H. Townsend, how much of a role visiting McKinsey consultants played, whether this decision means the company is veering from elite magazines toward mass titles, what's happened to magazine launches this decade — and when this whole McKinsey process finally finishes.

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