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W Magazine Sold to Group Led by Karlie Kloss, Kaia Gerber and Jason Blum

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New York Times on Friday. Bustle Digital Group will now be its operating partner.Representatives for BDG and Future Media, which acquired W Magazine from Condé Nast in 2019, did not immediately return TheWrap’s request for comment.In a statement to the Times, W’s editor Sara Moonves explained the entire deal was made over Zoom video calls: “None of us even met in person.”Moonves will remain in her role, which she acquired after the 2019 acquisition of W by FMG.

She replaced longtime top editor Stefano Tonchi, who left W and Condé Nast after nine years amid the deal. Moonves is the daughter of former CBS chief Les Moonves, who was ousted from the network in 2018 after multiple accusations of sexual misconduct.Future Media Group, a.

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