It’s still more than six months until Portfolio launches, but Condé Nast isn’t letting things go until the last minute. In addition to scooping up several reporters and editors for Portfolio, the company has also just acquired a website, www.porfolio.com, for the forthcoming business magazine. Condé Nast did not announce the purchase price of the website, which the company obtained from Portfolios.com. Portfolios.com sells commercial art and provides freelance job listings.
Condé Nast has also, not coincidentally, entered into a “promotional program” with Portfolios.com.
Full release—with oddly hilarious headline—below.
CONDE NAST ACQUIRES THE URL PORTFOLIO.COM
The Conde Nast Business Media Group has acquired the url portfolio.com from Portfolios.com, it was announced today by Ari Brandt, General Manager, Digital Media. Portfolio.com will be the url for Conde Nast Portfolio. The web site will be launched alongside the magazine, Conde Nast Portfolio.
In addition, Conde Nast Business Media has entered into a promotional program with Portfolios.com, designed to raise awareness for its community of freelance creative professionals. Portfolios.com members showcase their talent to the advertising, publishing, and creative industries at www.portfolios.com and through a network of participating websites.
The magazine, Conde Nast Portfolio, and website will launch in May 2007 (on sale and live April 24).