Carter, 68, who has steered Vanity Fair through
the shifting journalism landscape and expanded it onto a
successful digital platform as well as print edition, will
oversee its 2018 Hollywood issue, the publication said.
"I’ve loved every moment of my time here and I've pretty much
accomplished everything I’ve ever wanted to do,” Carter said in
a statement, adding that he was "now eager to try out this
‘third act’ thing."
Carter's feud with Trump dates back to his time as co-founder of
Spy magazine. The satirical monthly, which spanned the 1980s and
'90s, ridiculed the New York real estate magnate as a
"short-fingered vulgarian."
Trump, in turn, has not minced words in his criticism of Vanity
Fair and Carter. In November 2015, Trump tweeted, "I have
watched sloppy Graydon Carter fail and close Spy Magazine and
now am watching him fail at @VanityFair Magazine. He is a total
loser!"
Last December, after Trump won the White House, Vanity Fair
published a scathing review of the Trump Grill restaurant and
Trump's New York Trump Tower. In return, Trump tweeted, "Has
anyone looked at the really poor numbers of @VanityFair
Magazine. Way down, big trouble, dead! Graydon Carter, no
talent, will be out!"
Vanity Fair’s average monthly print circulation was 1.2 million
for the six months ended June 2017, According to the Alliance
for Audited Media.
In an interview with the New York Times published on Thursday,
Carter said he wanted to "leave while the magazine is on top."
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"I want to leave while it's in vibrant shape, both in the digital
realm and the print realm," he told the Times.
The Times said no replacement has been named yet for Carter, who
earns a "seven-figure salary" at the magazine, but suggested that
New York magazine's editor-in-chief, Adam Moss, and Janice Min,
former editor of The Hollywood Reporter, are potential candidates.
Carter was appointed editor of Vanity Fair in 1992, and turned the
magazine's focus to crime, culture and celebrities. He nurtured
revered writers such as Christopher Hitchens and Dominick Dunne,
humorists Fran Lebowitz and James Wolcott, and photography great
Annie Leibovitz.
Some of the magazine's biggest stories under Carter include a 2005
piece unmasking of former FBI official Mark Felt as "Deep Throat" in
the Watergate scandal and a 2015 feature depicting Caitlyn Jenner
after her gender transition.
One of Carter's legacies as editor is the annual Vanity Fair
post-Oscars party, the most exclusive gathering of A-list
celebrities to mark the culmination of Hollywood's awards season.
Carter also oversees the magazine's annual dinner party for the
White House Correspondents' Association in Washington, which draws
the political elite.
(Reporting by Piya Sinha-Roy; Editing by Jonathan Oatis)
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