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  3. Media & Entertainment
  4. Wired
Wired logo
Media & Entertainment

Who Owns Wired?

Wired is owned by Condé Nast, the private American media company controlled by the Newhouse family's Advance Publications. Founded in San Francisco in 1993 by Louis Rossetto and Jane Metcalfe, Wired was acquired by Condé Nast in 1998 for approximately $80 million. Under global editorial director Katie Drummond, Wired has shifted to a digital-first strategy, ending UK print production in 2026 and reaching 482,935 total subscribers.

Parent Company

Condé Nast

Acquired

1998

Status

Private

Headquarters

New York, New York, USA

Wired Timeline

1909
Condé Nast

Parent company established in New York City, New York, USA

Company Founded
1993

Wired

Founded by Louis Rossetto, Jane Metcalfe

Founded
1998
Acquired by Condé Nast

Condé Nast acquired Wired

Acquired
premiumcategory leaderGlobalall-consumersOfficial Website

Who Owns Wired?

  • Parent Company: Condé Nast
  • Ownership Type: Wholly owned
  • Acquisition Year: 1998
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
WiredCondé NastWholly owned

Where to Buy

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AmazonWired on Amazon

History of Wired

  • Founded: 1993
  • Founders: Louis Rossetto, Jane Metcalfe
  • Acquired by Condé Nast: 1998

Louis Rossetto and Jane Metcalce launched Wired in January 1993 in San Francisco. The magazine targeted readers at the intersection of technology, culture, and business. Its visual design, created by creative director John Plunkett, was widely imitated throughout the publishing industry. Wired became the defining voice of the internet era in the mid-1990s, covering the rise of Silicon Valley, the World Wide Web, and digital culture.

Wired attempted an IPO in 1996 but withdrew due to unfavorable market conditions. Condé Nast acquired the company in 1998 for approximately $80 million, bringing the magazine to New York and integrating it into the Condé Nast portfolio.

Under Condé Nast ownership, Wired expanded internationally. Wired UK launched in 2009 as a separately edited edition for the British market. Wired Italy and other international editions followed. The brand built a substantial digital presence at Wired.com, becoming one of Condé Nast's most digitally focused properties.

Katie Drummond joined Wired as global editorial director in August 2023, coming from Vice where she was senior vice president of global news and entertainment. Drummond previously held leadership positions at Bloomberg.com and Gizmodo. Her appointment marked a shift in Wired's editorial direction toward more aggressive news reporting.

Under Drummond's leadership, Wired experienced a subscriber surge in early 2025. The magazine signed up 62,500 new subscribers in just two weeks, driven by coverage of the Trump administration and Elon Musk's Department of Government Efficiency. Drummond positioned Wired to specialize in breaking news, moving beyond its traditional technology and culture coverage into hard political reporting.

In 2026, Wired made the decision to end print publication in the UK. The UK edition had already reduced from six to four issues per year at the end of 2024. No UK print magazine was published in 2026, as the brand focused on global digital subscriber growth. The US print magazine continues, though Drummond has stated that "every decision we make about print is a digital-first decision."

Direct-to-publisher subscribers were up 20% in 2025, and new subscribers choosing the digital-only option doubled. Wired is working on improving its digital design and storytelling, has reopened comments on stories, connects readers with journalists via livestream Q&As, and planned to launch an app in the first half of 2026.

About Condé Nast

Who owns Condé Nast?
Condé Nast is owned by Advance Publications, the private media holding company controlled by the Newhouse family. Samuel Irving Newhouse Sr. began acquiring Condé Nast in 1959, and the Newhouse family has controlled it since. Advance Publications also owns a network of US newspapers and local television stations. Condé Nast operates as a wholly owned subsidiary.

Is Condé Nast publicly traded?
No, Condé Nast is not publicly traded. The company is a wholly owned subsidiary of Advance Publications, which is itself privately held by the Newhouse family. Condé Nast does not file financial reports with the SEC and is not required to disclose revenue, profit, or executive compensation. Revenue estimates of approximately $2 billion annually come from industry analysts.

What magazines does Condé Nast publish?
Condé Nast publishes approximately 20 brands globally, including Vogue, The New Yorker, Wired, GQ, Vanity Fair, Architectural Digest, Bon Appétit, Allure, Condé Nast Traveler, and Glamour. In 2026, the company closed Self magazine, several international Glamour editions, and Wired's Italian edition. The company also sold Them to Equalpride.

Who is the CEO of Condé Nast?
Roger Lynch has served as CEO of Condé Nast since 2019. He is the first person from outside the company to hold the role. Prior to joining Condé Nast, Lynch was CEO of Pandora. He has overseen the company's return to profitability, restructuring of operations, AI partnerships, and portfolio consolidation.

Is Condé Nast profitable?
Yes, Condé Nast has reported four consecutive years of profit growth since 2020. CEO Roger Lynch stated in February 2026 that the company closed 2025 with revenue growth and profit growth. Q1 2026 exceeded both revenue and profitability budgets. The company does not disclose specific profit figures because it is privately held.

What happened to Self magazine?
Condé Nast closed Self as a digital publication in April 2026. CEO Roger Lynch stated that the company had not found a path for Self to continue in its current form as audience behaviors shifted. Health and wellness content from Self is being integrated into other Condé Nast brands, including Allure and Glamour.

Does Condé Nast have AI deals?
Yes, Condé Nast has signed agreements with OpenAI, Perplexity, Microsoft, and Amazon to license its content for AI training and retrieval. The company is running approximately 70 AI pilots to integrate AI tools into workflows and products. CEO Roger Lynch has stated that the company takes a firm stance against those who scrape its journalism without permission.

  • Founded: 1909
  • Headquarters: New York City, New York, USA
  • Company Type: Privately Held
  • Revenue: ~$2B (estimated)
  • Employees: ~5,000

Visit Condé Nast website

View full company profile for Condé Nast

Where Is Wired Made / Based?

  • Headquarters: New York, New York, USA
  • Manufacturing / Operations: United States, United Kingdom

Wired Categories & Tags

Technology MediaMagazinePublishingDigital MediaScienceAmerican Brand

Wired Sustainability & Ethics

As a media brand, Wired's sustainability and ethics focus on editorial independence, journalistic standards, and the environmental impact of print production.

Editorial Independence: Wired maintains editorial independence within Condé Nast's corporate structure. Katie Drummond has taken positions that have drawn criticism from tech industry figures, demonstrating a willingness to publish critical coverage of powerful technology companies and executives.

Journalistic Standards: Wired has invested in investigative reporting and breaking news capabilities. The brand's coverage of the Trump administration and Elon Musk's government activities in 2025 demonstrated its commitment to original reporting rather than aggregation or commentary.

Print Production: The decision to end UK print production in 2026 reduces the environmental impact associated with magazine printing, paper sourcing, and distribution. The US print magazine continues but is increasingly a byproduct of digital-first editorial decisions.

Staff Transitions: The departure of seven London-based journalists in 2025, including senior editorial leadership, raised questions about Condé Nast's commitment to its UK editorial operations. Drummond has stated that London remains important to the global operation, but the staff reductions and end of print production have created uncertainty.

Awards & Recognition

Subscriber Growth: Wired's addition of 62,500 subscribers in two weeks in early 2025 was recognized as one of the most successful digital subscription drives in media. Business Insider covered the achievement, noting that Wired's strategy of becoming a primary source for breaking news drove the surge.

Editorial Transformation: Katie Drummond's transformation of Wired from a technology and culture magazine into a source for aggressive political reporting was recognized by Editor and Publisher in March 2026, which profiled her approach and its impact on the publication's relevance and growth.

Digital Innovation: Wired's plans to launch an app, reopen comments, and connect readers with journalists via livestream Q&As have been noted as innovative approaches to building direct reader relationships in the digital media era.

Print Heritage: Wired's founding in 1993 and its role in defining technology journalism for the internet era have been recognized as a significant contribution to media history. The magazine's design aesthetic, editorial voice, and cultural influence in the 1990s are widely studied in journalism and media programs.

Wired Recalls & Controversies

Editorial Direction Criticism: Katie Drummond's shift toward political reporting has drawn criticism from readers and commentators who believe Wired has strayed from its technology roots. Critics argue that the magazine's coverage of the Trump administration and skeptical reporting on tech billionaires represents a departure from its founding techno-optimism. Drummond has explicitly rejected this criticism.

UK Staff Departures: The departure of seven London-based journalists in 2025, including Greg Williams as deputy global editorial director and UK editor-in-chief, raised concerns about Condé Nast's commitment to Wired's UK operations. The subsequent end of UK print production in 2026 intensified these concerns.

Tech Industry Relationships: Wired's critical coverage of tech industry figures, including Elon Musk and other technology executives, has created tension with the companies and individuals the magazine covers. Some tech leaders have publicly criticized the publication, while Drummond has embraced this friction as evidence of editorial independence.

Financial Pressures: Condé Nast has faced broader financial challenges, including advertising declines and the need to build sustainable digital subscription businesses. Wired's subscriber growth has been a positive sign, but the broader Condé Nast portfolio faces ongoing pressure to demonstrate sustainable digital revenue models.

IPO Failure: Wired's attempted IPO in 1996 was withdrawn due to market conditions, representing an early failure in the publication's business history. The company was subsequently acquired by Condé Nast at a lower valuation than the IPO would have implied.

Brands Owned by Condé Nast

VogueMedia Entertainment

Vogue

Owned by Condé Nast

American fashion and lifestyle magazine founded in 1892, published by Condé Nast with 27 international editions and Anna Wintour as global editorial director.

fashion-magazinemediapublishing
View all brands owned by Condé Nast

Wired Ownership: Pros & Cons

Advantages

  • +Condé Nast's resources support a global editorial operation of approximately 120 people
  • +Access to Condé Nast's advertising and subscription infrastructure
  • +Strong brand recognition built over 30-plus years of technology journalism
  • +Digital subscriber growth of 20% in direct-to-publisher subscriptions in 2025
  • +Editorial independence under Katie Drummond's leadership
  • +Portfolio synergy with other Condé Nast brands for cross-promotion and shared resources

Considerations

  • -Condé Nast's broader financial pressures could limit investment in Wired
  • -UK print production ended in 2026, reducing international presence
  • -Staff departures in London raised concerns about editorial commitment
  • -Shift toward political reporting has alienated some traditional technology readers
  • -Privately held parent company means no public financial data for Wired
  • -Competition from digital-native technology publications like The Verge and The Information

Frequently Asked Questions About Wired

Sources & Further Reading

  • Wired Official Website -
  • Condé Nast Brands Page -
  • Wired Ends UK Print Magazine (Press Gazette, 2026) -
  • How Wired Editor Signed Up 62,000 Subscribers (Business Insider) -
  • Wired's New Editor (Editor and Publisher, March 2026) -
  • Wired Masthead -
  • Katie Drummond Author Page -

Competitors to Wired

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
DC ComicsDC Comics
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Discovery ChannelDiscovery Channel
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New York MagazineNew York Magazine
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PremiumUnited statesAll Genders
PeoplePeople
Iac
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VogueVogueSister Brand
Conde Nast
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1892
Category leaderGlobalFemale

Learn More About Competitors

DC ComicsMedia Entertainment

DC Comics

Owned by Warner Bros. Discovery

American comic book publisher and entertainment intellectual property brand owned by Warner Bros. Discovery (NASDAQ: WBD). Founded in 1934, DC Comics holds approximately 25.8% of the US comic book market share and owns characters including Superman, Batman, and Wonder Woman.

comic-bookssuperheroesentertainment
Discovery ChannelMedia Entertainment

Discovery Channel

Owned by Warner Bros. Discovery

American cable television network known for documentary, reality, and educational programming about science, nature, and exploration.

documentaryreality-televisioneducational
New York MagazineMedia Entertainment

New York Magazine

Owned by Vox Media

Biweekly magazine covering New York City life, culture, politics, and business, now part of Vox Media\'s digital portfolio.

magazinedigital-medianew-york-city
PeopleMedia Entertainment

People

Owned by IAC Inc.

American celebrity and entertainment magazine founded by Time Inc. in 1974, now owned by Dotdash Meredith (IAC). Highest-circulation weekly magazine in the United States.

celebrity-magazineentertainment-mediapublishing
VogueMedia Entertainment

Vogue

Owned by Condé Nast

American fashion and lifestyle magazine founded in 1892, published by Condé Nast with 27 international editions and Anna Wintour as global editorial director.

fashion-magazinemediapublishing

Competitive Analysis

Market Positioning: Wired competes with 5 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Wired

Looking for brands with different ownership structures? These similar brands are not owned by Condé Nast, giving you alternative choices that support different corporate structures.

Call of DutyMedia Entertainment

Call of Duty

Owned by Microsoft Corporation

Video game franchise specializing in first-person shooter games, owned by Microsoft through Activision.

video-gamesfirst-person-shootergaming-franchise
Publicly Traded

Call of Duty is owned by Microsoft Corporation, a public company, a different structure than Wired's parent.

Asylum RecordsMedia Entertainment

Asylum Records

Owned by Warner Music Group

American record label founded in 1971 by David Geffen, now a subsidiary of Warner Music Group, known for its 1970s folk-rock roster including the Eagles, Joni Mitchell, and Jackson Browne.

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Publicly Traded

Asylum Records is owned by Warner Music Group, a public company, a different structure than Wired's parent.

Atlantic RecordsMedia Entertainment

Atlantic Records

Owned by Warner Music Group

American record label owned by Warner Music Group, founded in 1947, known for rhythm and blues, rock, and hip-hop artists.

record-labelmusicwarner-music
Publicly Traded

Atlantic Records is owned by Warner Music Group, a public company, a different structure than Wired's parent.

Capitol Music GroupMedia Entertainment

Capitol Music Group

Owned by Universal Music Group

American record label umbrella founded in 1942, owned by Universal Music Group, housing Capitol Records and affiliated labels.

record-labelmusicpop
Publicly Traded

Capitol Music Group is owned by Universal Music Group, a public company, a different structure than Wired's parent.

DC ComicsMedia Entertainment

DC Comics

Owned by Warner Bros. Discovery

American comic book publisher and entertainment intellectual property brand owned by Warner Bros. Discovery (NASDAQ: WBD). Founded in 1934, DC Comics holds approximately 25.8% of the US comic book market share and owns characters including Superman, Batman, and Wonder Woman.

comic-bookssuperheroesentertainment
Publicly Traded

DC Comics is owned by Warner Bros. Discovery, a public company, a different structure than Wired's parent.

Decca RecordsMedia Entertainment

Decca Records

Owned by Universal Music Group

Historic British record label founded in 1929 by Edward Lewis, now owned by Universal Music Group (Euronext: UMG). Decca operates as part of the Verve Label Group in the US and Decca Music Group in the UK, specializing in classical, jazz, pop, and rock music.

record-labelmusicclassical
Publicly Traded

Decca Records is owned by Universal Music Group, a public company, a different structure than Wired's parent.

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Last reviewed: August 15, 2026 · Reviewed by Who Brands Editorial Team