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    Paper
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    Paper

    "New York's independent voice in fashion, pop culture, and the underground since 1984."

    Founded 1984 New York City
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    About

    Paper Magazine started in 1984 as a scrappy monthly chronicling New York's downtown arts, fashion, and nightlife scenes. Founders David Hershkovits and Kim Hastreiter built it from the ground up, giving space to emerging artists, musicians, and designers long before they hit the mainstream. The magazine's covers were never safe, think Lady Gaga in a meat dress before that was a thing, or Kanye West in his pre-Yeezy era. Its pages mixed high fashion with street style, club kids with gallery openings, all shot by photographers who pushed boundaries.

    The brand's biggest cultural detonation came in November 2014 with the 'Break the Internet' issue featuring Kim Kardashian. Jean-Paul Goude's photograph of her balancing a champagne glass on her rear end went viral in a way that felt unprecedented at the time. The cover wasn't just a stunt, it was a masterclass in digital marketing, generating millions of shares and cementing Paper's reputation as a publication that understood the internet's appetite for provocation. After that, Paper leaned into the 'Break the Internet' concept as a recurring franchise, applying it to other covers and digital features designed to spark conversation.

    In 2017, former Conde Nast executive Tom Florio acquired a majority stake, bringing corporate structure to the indie operation. Events and partnerships expanded, but the fundamental challenge of print economics never went away. When COVID-19 hit in 2020, Paper paused its physical edition indefinitely. The website and social channels kept running, but the print era, 36 years of glossy pages, ended without fanfare. As of today, Paper exists as a digital-only publication, still headquartered in New York, still covering culture with an insider's eye, though its future shape remains undefined.

    Products & Sub-brands

    Paper Magazine (print, 1984-2020)papermag.com (digital publication)Break the Internet franchiseEvents and brand partnerships

    Frequently Asked Questions

    Who owns Paper Magazine?
    Paper Magazine was founded in 1984 by David Hershkovits and Kim Hastreiter. In 2017, former Conde Nast executive Tom Florio acquired a majority stake and became CEO. Current ownership details after the 2020 print suspension are not publicly confirmed.
    Is Paper Magazine still in business?
    Yes, Paper Magazine is still active as a digital publication at papermag.com. It paused physical print production in 2020 due to the COVID-19 pandemic but continues producing online content covering fashion, pop culture, music, art, and film from its New York City headquarters.
    Who is the CEO of Paper Magazine?
    Tom Florio, former CEO of Conde Nast's Fairchild Fashion Media, became CEO after acquiring a majority stake in 2017. Prior to that, the magazine was founder-operated. Current CEO information following the 2020 transition is not publicly available.
    How much is Paper Magazine worth?
    Paper Magazine's exact valuation is not publicly disclosed as it is privately held. The 2017 acquisition by Tom Florio's group indicated significant brand value. Industry estimates for similar independent magazines typically range from $1-5 million, but specific figures for Paper are unconfirmed.
    What is the difference between Paper Magazine and V Magazine?
    Paper Magazine has a distinctly New York downtown identity and was founded in 1984, while V Magazine launched in 1999 with a more international, celebrity-focused approach. Paper is known for its 'Break the Internet' viral moments and underground credibility, whereas V focuses more on high-fashion photography and Hollywood stars.

    Keywords

    Paper Magazineindependent magazineNew York culturefashion magazineBreak the InternetKim Kardashian coverDavid HershkovitsKim HastreiterTom Floriopop culturenightlifedowntown New Yorkprint magazinedigital publication

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    Company Info

    Founded
    1984
    Founder
    David Hershkovits, Kim Hastreiter
    Headquarters
    New York City
    Industry
    Media
    Founders
    David Hershkovits, Kim Hastreiter
    Print run
    1984-2020
    Most famous cover
    Kim Kardashian 'Break the Internet' (2014)

    Official Website

    papermag.com

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