Overview
- Reports in the Daily Mail and Hindustan Times claim Jeff Bezos is in talks to buy Condé Nast for an estimated $5 billion.
- A source close to Bezos has labeled the acquisition rumors “totally untrue,” and no formal sale discussions have been confirmed.
- The June cover shoot featured Lauren Sánchez in a Dolce & Gabbana wedding gown curated by Anna Wintour, intensifying industry chatter.
- Condé Nast’s recent global layoffs and the closure of its Hanover Square offices in London have raised questions about the publisher’s strategic direction.
- Despite Bezos’s 2013 purchase of The Washington Post, the Newhouse family continues to own Condé Nast through Advance Publications with no sale announced.