Condé Nast is courting YouTube stars
Move over, Hamish Bowles. The new video star at Condé Nast is a YouTube personality.
The publisher has struck a deal with Claudia Sulewski, who has more than a million subscribers on her BeyondBeautyStar YouTube channel, in an effort to expand its Teen Vogue YouTube channel. Sulewski will become Teen Vogue’s regular “YouTube host,” working with Teen Vogue editors and Condé Nast Entertainment, the company’s video arm, to create and star in regular video content exclusively for that channel. Condé Nast plans to work with other YouTube stars in a similar capacity across other famous magazines in its stable, such as Wired, Bon Appétit, GQ and Vanity Fair.
It’s a pivot from the early days of Condé Nast’s video series, which starred editors of its own magazines. By teaming up with established YouTube talent, Condé Nast hopes to grow its audience on Google’s video-streaming platform. The idea is to give Sulewski and other YouTubers the resources to create high-quality videos while still keeping their voice and personality intact. That way, they can create the kind of content that has already resonated with their fans, who may decide Teen Vogue or other Condé Nast properties are suddenly must-watch channels.
“This is all about allowing these influencers to be their authentic selves,” said Michael Klein, evp of programming and content strategy at Condé Nast Entertainment. “In the case of Claudia and Teen Vogue, it’s what the audience is looking for on YouTube, and Claudia can really deliver that.”
It’s a boon for Sulewski and other YouTubers, too, who will receive the compensation and access that come from working with a prominent magazine publisher (Condé Nast wouldn’t disclose the terms of the deal). “With this entire collaboration, I definitely have a lot of freedom,” said Sulewski. “It feels very mutual and equal on both sides.”
Sulewski’s YouTube channel racks up nearly 2.4 million monthly views, whereas the Teen Vogue channel, with 213,000 subscribers, attracts just 887,000 monthly views, according to YouTube analytics platform OpenSlate. But YouTube stars aren’t Condé Nast’s only rivals in the YouTube ecosystem; it also competes with its own advertisers. Chanel, Louis Vuitton, Dior and other fashion brands have a major presence on YouTube, where they can bypass Condé Nast’s fashion publications and reach consumers directly.
“Condé Nast realizes it’s losing ground on digital,” said Fahad Khan, CEO of Tube Centrex, which builds video apps for brands and YouTube stars. “Working with YouTube stars is a very necessary step for them to revive their presence on digital, especially on digital video. And if they don’t do that, they’ll be dead.”
Other publishers have centered their video strategies around YouTube influencers. Mashable signed a deal with Collective Digital Studio in late 2013 to co-produce several video series starring the company’s YouTube talent. More recently, Condé Nast rival Hearst doled out more than $81 million for a 25 percent stake in AwesomenessTV, a large multichannel network.
“There are many publications that have tapped into influencers, but our strategy is to be very judicious about the influencers we work with,” said Klein. “You can see, when others have done it, it can be a very cynical relationship. If it’s not grounded in authenticity, it’ll fall apart.”
Homepage image courtesy Condé Nast
How The 19th relied on memberships and funding to launch during a pandemic
In order to keep on schedule to launch ahead of the U.S. presidential election, non-profit publisher The 19th had to rely heavily on membership and fundraising to meet its launch goal of $4 million.
‘Let the buyers know you exist’: How Morning Brew plans to grow brand ad dollars from its base of direct response
Direct-response ads accounted for 90% of Morning Brew's 2019 revenue in 2019. Its CEO wants brand advertising to account for 50% by the end of 2021.
‘A significant uptick in deal flow’: Why Europe is becoming a hotbed of ad tech innovation
Ad tech companies with data privacy and identity solutions are in vogue among the sector's investors and acquirers.
SponsoredPublishers: Assessing risk and ensuring payments in times of crisis
As the industry navigates the continued impacts of COVID-19, here’s the questions publishers should ask their programmatic partners or ad management providers to protect themselves from clawbacks and lost revenue.
‘We can be agile and evolve’: News UK is quickly growing a 7-figure incremental revenue stream from social video
The goal for Social Studio is a 10-day turnaround from campaign booking to going live.
Lack of events revenue squeezes B2B media, forcing virtual volume — and innovation
Advertising, subscriptions and commerce have begun to recover. But events have not, and B2B media companies are feeling the squeeze.