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Re:Conde Nast refuses to run Prop 19 ads on reddit by tullius on Friday August 27, 2010 @04:30PM (#1640142)
They are a private company owned by the Newhouse family. They can do what they want.
Re:Conde Nast refuses to run Prop 19 ads on reddit by staunch on Friday August 27, 2010 @05:19PM (#1640313)
Public or not the officers still have a fiduciary responsibility to those shareholders. Not that there's any concrete way to argue that this issue has anything to do with fiduciary responsibility.