Amazon, in what it described as a "difficult decision," is winding down Kindle Vella and shutting it down completely in February 2025. When the company launched the serialized story platform in 2021, it said Vella was a way for readers to discover new fictional stories and a new way for authors... Continue reading >> [ Source: Engadget | 2024-10-29 12:00:30 UTC ]
You can no longer buy either print or Kindle Newsstand magazine and newspaper subscriptions from Amazon, as the company appears to implement yet another cost-cutting measure. The e-commerce giant announced that it was halting Newsstand subscriptions on March 9th (via The Verge) and that the... Continue reading >> [ Source: Engadget | 2023-03-17 09:28:33 UTC ]
Coffee company announces ‘difficult decision’ to end the prizes, sparking a chorus of disappointment across the books industryThe Costa book awards, after running for half a century, have been abruptly scrapped. The coffee shop chain has said the 2021 awards, which were announced in February... Continue reading >> [ Source: The Guardian | 2022-06-10 13:00:18 UTC ]
Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the... Continue reading >> [ Source: Folio Magazine | 2020-05-19 13:43:21 UTC ]
The Economist Group is laying off 90 employees, about 7% of its 1,300 total staffers, the company said Friday, citing the business impact of the COVID-19 pandemic. The cuts primarily affected employees in events and client solutions roles, as well as TVC, the London-based content marketing... Continue reading >> [ Source: Folio Magazine | 2020-05-15 15:03:09 UTC ]
As an ever-increasing portion of the global population finds themselves confined to their homes this week, coronavirus-related coverage is driving major surges in web traffic to publishers, and not just those that specialize in hard news, multiple vendors are reporting this week. The analytics... Continue reading >> [ Source: Folio Magazine | 2020-03-17 18:19:10 UTC ]
Penguin Random House has today withdrawn from the London Book Fair, following the move made by Hachette Livre earlier in the day. Continue reading >> [ Source: The Bookseller | 2020-03-02 23:26:51 UTC ]
Completing a two-year-long divestment process, Rogers Media, once far and away Canada's largest magazine publisher, will soon pull out of the print media business entirely. The company has reached an agreement to sell all five of its remaining magazines—including 114-year-old news... Continue reading >> [ Source: Folio Magazine | 2019-03-21 00:00:00 UTC ]
Acting president and CEO of LifeWay Christian Resources Brad Waggoner announced the “difficult” decision to close all 170 bricks-and-mortar stores this year, opting instead for a “greater focus on digital channels.” Continue reading >> [ Source: Publishers Weekly | 2019-03-20 00:00:00 UTC ]
The rise of programmatic advertising has wreaked havoc across digital media, giving media buyers far more leverage while pushing down the value of publisher inventory. It has also torn apart the traditional ad network business, which is one reason Federated Media, today announced it would stop... Continue reading >> [ Source: Advertising Age | 2014-01-28 00:00:00 UTC ]