Sydney Ember and Michael Grynbaum::
At a time of belt-tightening, celebrity editors, with their big salaries and expensive tastes, are increasingly passé. Budget-minded executives at publishers like Hearst and Condé Nast are looking more critically at requests for six-figure photo shoots and $5-a-word writers.
“The timing doesn’t really surprise me,” said Tom Harty, president and chief operating officer at Meredith, which publishes Better Homes & Gardens and Family Circle. Magazines, Mr. Harty said, often circulate upcoming budget numbers in September.
“When you start thinking about the revenue stream for the following year,” he said in an interview, “it must lead to some cost discussion.”
In some ways, the spate of departures was a coincidence. Mr. Carter, 68, said he would have left earlier this year if not for the election of President Trump, whom he enjoys covering. Mr. Wenner, 71, has been deferring to his son, Gus, 27, who this year was named president of Wenner Media. Nancy Gibbs of Time had worked at the company for 32 years. And Cindi Leive of Glamour and Robbie Myers of Elle both served for nearly two decades.