Condé Nast Pulls Plug on Teen Web Properties

About a year ago, Condé Nast converted from a standalone teen networking Web site to an online application on Facebook. Now, the company is shutting down the application altogether, along with the application’s Web site,

Users were informed that the app would come down Dec. 16.

Flip, which launched in 2007 as an online scrapbooking site, reached more than 300,000 users but failed to achieve a traffic level that would rival major social networks like Facebook and MySpace.
Condé Nast also is taking down message board, the online survivor of the defunct YM magazine, whose assets Condé Nast bought in 2004.
“The idea is that we’re encouraging people to go to,” said a spokesperson for Condé Nast digital arm CondéNet, referring to the Web counterpart of Condé Nast’s teen title.

Last month, Condé Net made widespread cuts across its edit, business, production and technology departments in the face of declining ad revenue across the magazine industry.