Condé Nast Print Ads End 'Flat' In Q1

Print Ads Fall Flat
This image released by Vogue shows actress Jessica Chastain on the December cover of Vogue magazine. (AP Photo/Vogue)
This image released by Vogue shows actress Jessica Chastain on the December cover of Vogue magazine. (AP Photo/Vogue)

Condé Nast Media Group president Lou Cona said ad pages were flat across the company’s magazines in its first quarter in a memo to staffers sent Thursday.

Though pages were up in January and March, a "flagging" February contributed to the results, Cona said in the note obtained by Capital. He added that the numbers reflected the “volatility of the broader global economy.” The results are a drop from the first quarter of 2013, when the company reported a five percent gain in ad pages, making for its strongest showing in the period in five years.

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