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Supermodel and Venture Runway host Karlie Kloss is main an traders group that has acquired W journal.
The consortium behind the brand new three way partnership, W Media, contains Jason Blum, Lewis Hamilton, Kirsten Inexperienced and Dara Treseder, Kaia Gerber, Lion Tree’s Aryeh B. Bourkoff and Copper.
W journal editor-in-chief Sara Moonves will proceed to run the luxurious media journal. “By way of our wonderful editorial and authentic content material, I’m excited to interact our viewers in new methods and convey new members into the fold as we increase our international footprint throughout the ever evolving digital media panorama whereas upholding W’s legacy as a foremost chief in artwork, tradition and vogue,” Moonves, the daughter of former CBS head Les Moonves, mentioned in a press release.
Bustle Digital Group (BDG) will deal with gross sales and operations for the brand new journal model, with BDG CEO Bryan Goldberg serving as managing associate. Because of the influence of the COVID-19 pandemic, W is planning one print subject for the remainder of 2020, and beginning in 2021 will resume an everyday schedule with six print points yearly.
Kloss was represented by Greenberg Glusker.
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