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Condé Nast Responds To Media Upheaval By Looking To The Screen: Film & TV Roster Now At 37 Titles And Counting
Although Condé Nast is under intense pressure due to challenges across the media industry, the company's film and TV production efforts have borne abundant fruit.
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. CNE has a long screen history, with the advent of YouTube and social media fueling the production of thousands of short-form pieces during the 2010s under the leadership of onetime CW and Lifetime exec Dawn Ostroff. While feature and series adaptations have existed for decades, the focus on them intensified after Ostroff left the company in 2018 (for a senior gig at Spotify) as buyer demand exploded amid the streaming boom.
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