The New Yorker Publisher Quits
The New Yorker magazine Publisher David Carey, quit Condé Nast to manage Gruner & Jahr's USA Business Information Group. Carey, 39, is president and CEO overseeing recently acquired Inc. and Fast Company magazines.
The publisher reports Carey's hiring is part of Gruner & Jahr's efforts towiden its presence in the US. Gruner & Jahr, 74.9 percent owned by German Bertelsmann AG and 25.1 percent by Jahr Group, publishes such magazines as YM, Family Circle, Fitness, Parents and the new Rosie.
At The New Yorker, Carey boasted 2,408 advertising pages in 2000, up 16 percent from the year before, according to the Publishers Information Bureau. The magazine reavhed $106.5 million in revenues, up almost 30 percent from 1999, the bureau also reported. Carey became publisher of The New Yorker in June 1998, shortly after the resignation of high-profile editor Tina Brown headed to Talk. He became the magazine's vice president last year.