Tag Archives: Advanced Publications

Vogue publishing bosses to make $1.4 billion from Reddit

Steven Newhouse assumes control of a publishing empire with other third-generation members of the Newhouse dynasty – Sean Zanni The American billionaires behind the Condé Nast media empire will reap a $1.4bn (£1.1bn) windfall from Reddit’s Wall Street listing, 18 years after paying just $10m for the social media company. Advance Publications, owned by the… Read More »