Merging of daily newspaper and celebrity magazine employees is latest move by owner, Reach, to cut costsThe Daily Mirror is to merge its staff with those on the celebrity title OK! magazine in the latest move by the UK’s largest commercial news publisher to further cut costs.The plan to combine... Continue reading >> [ Source: The Guardian | 2024-11-23 15:06:40 UTC ]
Soon, when you go to stream Succession or The Last of Us, you'll no longer be looking for an app called HBO Max. As has been rumored, Warner Bros. Discovery (WBD) is changing the name of the streaming service to simply "Max." The company is folding content from Discovery+ into the platform to... Continue reading >> [ Source: Engadget | 2023-04-12 17:16:11 UTC ]
After a large job cut in mid-July, Callisto Media made another significant staff reduction on Monday in a move to cut costs during an uncertain economic climate. Continue reading >> [ Source: Publishers Weekly | 2022-10-25 04:00:00 UTC ]
Newspaper publisher Gannett Co. confirmed Friday that it’s laying off some of its newsroom staff as part of a cost-cutting effort to lower its expenses as its revenue crumbles amid a downturn in ad sales and customer subscriptions Continue reading >> [ Source: ABC News | 2022-08-12 21:45:49 UTC ]
When it comes to retro portable gaming, even the better handhelds usually only emulate the original PlayStation and N64 era. But if you’re a fan of the GameCube or PS2 libraries (and you should be), the number of handhelds capable enough, well-made enough and reasonably priced enough is... Continue reading >> [ Source: Engadget | 2022-05-13 11:15:33 UTC ]
Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%. Continue reading >> [ Source: The Bookseller | 2020-04-17 01:14:48 UTC ]
Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading >> [ Source: The Bookseller | 2020-03-19 15:51:43 UTC ]
Great Hill Partners, a private equity firm, bought The Onion from Univision Communications Inc. Plus, the firm bought several other Gawker Media properties, including Gizmodo, Deadspin and Jezebel, to Great Hill Partners. Great Hill Partners has enlisted veteran digital editor Jim Spanfeller to... Continue reading >> [ Source: Advertising Age | 2019-04-09 00:00:00 UTC ]
JetBlue Airways is removing its fares and schedules from 11 online travel booking sites, saying the move will cut costs and help keep fares low. The decision follows the lead of Southwest Airlines, which has long kept its booking information from some of the most popular online travel sites.... Continue reading >> [ Source: Los Angeles Times | 2017-10-21 00:00:00 UTC ]
Entertainment Weekly is preparing to move closer to the film stars and TV personalities it covers. In March it plans to leave the company's headquarters across from 1 World Trade Center and relocate to Los Angeles, moving into offices that also hold People magazine's West Coast operations.The... Continue reading >> [ Source: Advertising Age | 2017-10-05 00:00:00 UTC ]
Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017. Continue reading >> [ Source: Publishers Weekly | 2017-02-23 00:00:00 UTC ]
Fife is considering the closure of 16 libraries, along with the loss of 25 jobs. Libraries in the area are already run by a separate body to the council, called the Fife Cultural Trust. The trust is looking to cut costs of £813,000, after the council reduced the management fee paid to the body.... Continue reading >> [ Source: The Bookseller | 2015-06-19 00:00:00 UTC ]
USA TODAY announced Wednesday that it will offer buyout packages to veteran employees to trim staffing, its latest effort to cut costs and invest more in digital products amid a plan by parent company Gannett to spin off the publishing business as a ... Continue reading >> [ Source: Editor & Publisher | 2015-03-19 00:00:00 UTC ]
• Added the role of publisher of Columbia Home magazine to her responsibilities when the previous publisher left. • Took over Columbia Home with a decreased budget, using relationships with vendors to cut costs. Continue reading >> [ Source: Folio Magazine | 2013-10-10 00:00:00 UTC ]
Microsoft’s SkyDrive will host the latest digital issue of Complex magazine, in what might be an effective cost-saving solution for niche publications. Microsoft representatives also indicated that a similar partnership would be revealed on Thursday, with more of a pop-culture bent. The Complex... Continue reading >> [ Source: PC World | 2013-06-04 00:00:00 UTC ]
Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading >> [ Source: Folio Magazine | 2012-02-09 00:00:00 UTC ]
Fnac, the leading French cultural products chain, will lay off 510 of its 17,000 staff and may... Continue reading >> [ Source: The Bookseller | 2012-01-16 00:00:00 UTC ]
Written By: Lisa Campbell Nine HMV stores have shut their doors as the music retailer begins it's programme of closures. The HMV Group announced at the beginning of the year it would shut 40 HMV stores and 20 Waterstone's shops within 12 months in a bid to cut costs, and it has begun to close... Continue reading >> [ Source: The Bookseller | 2011-02-01 00:00:00 UTC ]