Teen Vogue print folds

Condé Nast has announced plans to close the print version of Teen Vogue and solely invest in the brands digital value. The news comes as part of a larger  round of movements into digital for the publishing giant, who appear to be moving away front the newsstand. 

In August 2016 Teen Vogue reduced its publishing frequency to 4 times a year, with editor Elaine Welteroth commenting that the team was "reimagining how to engage [readers] more meaningfully in print."

The news also comes as technology and strategy consulting firm Activate released the statistic that the average American spends only 4 percent of their media consumption hours with print, compared to 20 percent on personal computers and 28 percent on mobile.

Teen Vogue has seen its online operation grow under Philip Picardi, who joined as digital editorial director in 2015.