Why? “High priced travel is out, businesses are ordering employees to go coach, airlines are cutting back flights and hotels are sitting empty. NG Traveler sits behind Conde Nast Traveler and Travel + Leisure, who are both suffering badly (especially the former), making them a likely Reaper victim.”
Apparently, something is awry at the Society’s Magazine group. John Q. Griffin, National Geographic’s President of Publishing, just announced that two longtime lieutenantsâ€”Steve Giannetti and Dawn Drewâ€”â€œwill leaveâ€ NGS as part of a restructuring that elevates Claudia Malley to Senior Vice President and Publisher, NG Global Media.
“[W]e believe that this new structure positions us well in this challenging media environment,” says Mr. Griffin. His goal: To “further streamline our efforts to provide integrated service to our corporate advertising partners.”
Elsewhere in the news: