Conde Nast, One World Trade Center, building exterior, New York City, New York, USA

Business

A third-generation family dynasty restructures and makes a killing on ultra-new media

Conde Nast, One World Trade Center, building exterior, New York City, New York, USA

Supposedly, third-generation family businesses are the weak link in the evolution of the concept. It’s when, according to the old adage, greed takes over and innovation stops. But there are plenty of examples where this isn’t the case. A good recent one involves a famous American media dynasty. 

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