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DeadWorld@lemm.ee

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Anne Hathaway Walks Out of Vanity Fair Photo Shoot in Solidarity With Condé Nast Union Work Stoppage (variety.com)

submitted 9 months ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee

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cross-posted from: https://hexbear.net/post/1674258

Nearly 400 union members who work at Condé Nast are currently holding a 24-hour work stoppage to protest negotiation practices they claim are unlawful.

The work stoppage coincided with the announcement of the 2024 Oscar nominations... ET. Employees at Vanity Fair, Vogue, GQ, Allure, Condé Nast Entertainment, Architectural Digest, Glamour, Self, Teen Vogue and other Condé Nast publications walked to hold a rally in front of the company’s offices in New York.

Hathaway was unaware of the work stoppage when she arrived at the New York City photo shoot. She was still in hair and makeup when her team was notified by a staffer from SAG-AFTRA to advise Hathaway to support the work stoppage.

“They hadn’t even started taking photos yet,” a source tells Variety. “Once Anne was made aware of what was going on, she just got up from hair and makeup and left.”

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[–] Vendul@feddit.de 3 points 9 months ago (1 children)

That would explain ALOT

[–] pelespirit@sh.itjust.works 1 points 9 months ago* (last edited 9 months ago)

It's kind of worse than that even:

Reddit was founded by University of Virginia roommates Steve Huffman, Alexis Ohanian, and Aaron Swartz in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications.[11] In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto. [12] Their investment valued the company at $500 million at the time.[13][14] In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder.[15] In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $3 billion. [16] In August 2021, a $700 million funding round led by Fidelity Investments raised that valuation to over $10 billion.[17] The company then reportedly filed for an IPO in December 2021 with a valuation of $15 billion.[18][19]

https://en.wikipedia.org/wiki/Reddit