After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading >> [ Source: Publishers Weekly | 2018-02-13 00:00:00 UTC ]
For the first time in its 129-year history, the Financial Times said digital advertising revenue has surpassed print. The company credits a chunk of its success to content marketing studio Alpha Grid, which it acquired a controlling stake in last June.The Alpha Grid acquisition was part of a... Continue reading >> [ Source: Advertising Age | 2017-04-20 00:00:00 UTC ]
First quarter sales in 2014 fell 11% at Simon & Schuster, to $153 million, but operating income rose to $11 million from $10 million in the first quarter of 2013, parent company CBS reported. Continue reading >> [ Source: Publishers Weekly | 2014-05-08 00:00:00 UTC ]
Sales were “crazy, crazy,” at Sal Ali’s grocery and news shop in Manhattan, where issues of Time magazine featuring a controversial cover on attachment parenting were selling off the rack. It was the rack, of course, that generated so much interest for the May 21 cover story, illustrated with an... Continue reading >> [ Source: AdWeek | 2012-06-04 00:00:00 UTC ]