Conde Nast | featured news

Parent company Conde Nast may still think the web is not that important, but The New Yorker does. The 87-year-old magazine decided to make a “big investment” in its website six to eight months ago, Nicholas Thompson, editor of newyorker.com, says. The web team was expanded to 12 full-time employees, including Thompson, who was named editor in March after working “on the magazine side” as a senior features editor for two years. Editor-in-chief David Remnick thought he would be a good fit for the website in part because he had a background in technology coverage, having spent five years as a senior editor at Wired, Thompson says.

In a surprising shift, Bob Sauerberg will become the next president of Conde Nast, replacing Chuck Townsend, who will remain on as chief executive.

2009 was a very rough year for magazines, with over 400 titles folding over the course of the year. Some were surprising, like the death of big Condé Nast brands including Portfolio, Gourmet, and Cookie; others went relatively unnoticed.

Below, see 25 magazines that folded in 2009 and vote for the ones you'll miss the most:

Gourmet, a magazine of almost biblical status in the food world, and three other titles will be shuttered in a cost-cutting move.

Portfolio, a business magazine that Condé Nast began publishing in April 2007 with much fanfare, will cease publication immediately.