S.I. Newhouse Jr., Publishing Icon Who Ran Conde' Nast, Dies at 89
Source: New York Times
By JONATHAN KANDELLOCT. 1, 2017
S.I. Newhouse Jr., who as the owner of The New Yorker, Vogue, Vanity Fair, Architectural Digest and other magazines wielded vast influence over American culture, fashion and social taste, died on Sunday at his home, a family spokesman said. He was 89.
Mr. Newhouse, known as Si, and his younger brother, Donald, inherited an impressive publishing empire from their father, Solomon I. (Sam) Newhouse, and built it into one of the largest privately held fortunes in the United States, with estimates of the family wealth running over $12 billion at the turn of the 21st century. While Donald led the more profitable newspaper and cable television operations, Si took charge of the more glamorous magazine division.
Much of that glamour was created under Si Newhouses direction. Though himself a shy man often painfully awkward in public, Mr. Newhouse hired some of the most charismatic magazine editors of the late 20th century, among them Tina Brown at Vanity Fair and Diana Vreeland and Anna Wintour at Vogue, and encouraged them to behave like the celebrities they extolled in his publications. It helped that he rewarded them with salaries, expense accounts, clothing allowances and housing loans that were the envy of their peers. Newhouse editors also enjoyed spectacularly generous budgets at their magazines, which often ran deep in the red for years before turning profits.
I am not an editor, Mr. Newhouse told The New York Times in 1989. I flounder when people ask me, What would you do? His philosophy, he said, was to let his editors run free. We feel almost that whichever way it goes, as long as it doesnt do something absolutely screwy, you can build a magazine around the direction an editor takes. But when Mr. Newhouse deemed a magazines direction screwy, he didnt hesitate to fire editors, sometimes so maladroitly that they first found out about their dismissals on television or in the gossip columns.
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