Mayor Eric Adams announced a revised $111.6 billion budget plan on Wednesday that avoids new spending cuts and increases estimates of the city’s tax haul, reflecting his administration’s increasingly sunny view of New York’s finances. But the proposal rebuffs the City Council’s request to undo far more of the billions of dollars in cuts he has ordered since last year, setting the stage for a tug-of-war with lawmakers in the coming weeks.The budget restores $80 million for childhood programs, cultural organizations and police classes that he had previously cut starting last year, when he warned that the migrant crisis and shrinking federal aid would lead to alarming shortfalls in the coming years. And City Hall says it has staved off the need for further cuts thanks to an improving economy, money from the state and its own efforts to pare down spending, especially on migrants — although critics have charged that the administration overstated the need for the initial cuts in the first place.“Thanks to our discipline and prudent approach, we’re able to invest in the things that matter to New Yorkers,” Adams said in a City Hall speech on Wednesday. The mayor has made a show in recent months of reversing some of the cuts he ordered beginning in November, no doubt conscious of polls that showed his approval rating plummeting amid widespread disapproval of his budgeting.Adams’ executive budget, which has grown compared to his $109 billion January plan, will serve as a framework... Continue reading at 'Crains New York'
[ Crains New York | 2024-04-24 16:53:57 UTC ]
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There's no sign that Amazon and Hachette are close to burying their ebook hatchet, which has prompted the authors caught in the middle to speak up. One of those affected, Douglas Preston, penned an open letter to Jeff Bezos, requesting that he... Continue reading at Engadget
[ Engadget | 2014-08-08 00:00:00 UTC ]
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Adams Publishing Group, LLC announced today that it has purchased the assets of Chronotype Publishing Company located in Rice Lake, Wisconsin. The acquisition includes The Chronotype, Northwestern Wisconsin’s largest weekly newspaper, and T ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-08-07 00:00:00 UTC ]
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Gayle Forman's 'If I Stay,' adapted into a film to be released on August 22, landed in the top spot on Apple's iBooks bestseller list for the week ended August 4. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-06 00:00:00 UTC ]
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O’Reilly Media has acquired the remaining 50% stake in Safari Books, a subscription ebook service offering access to business and tech content, originally launched as a joint venture with the Pearson Technology Group in 2001. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-05 00:00:00 UTC ]
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The circus came to town, yet again: this year’s Comic-Con: International ran from Wednesday through Sunday, July 23–27 and brought 130,000 attendees, hundreds of exhibitors, and thousands of professionals to San Diego, Calif. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-01 00:00:00 UTC ]
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Bidart, Wolcott, and playwright David Rabe are among the recipients of the 2014 PEN Literary Awards. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-08-01 00:00:00 UTC ]
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Quadrille has appointed Sarah Lavelle as its new publishing director, replacing Jane O'Shea,... Continue reading at The Bookseller
[ The Bookseller | 2014-07-31 00:00:00 UTC ]
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The European Commission is to take "a few more weeks" to finalise its White Paper on... Continue reading at The Bookseller
[ The Bookseller | 2014-07-28 00:00:00 UTC ]
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New partnership for a new house; book award nominations open; indie honors for two publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-23 00:00:00 UTC ]
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Adams Publishing Group, LLC announced that it has purchased the assets of Huckle Media LLC located in southern Minnesota, according to John Cribb, Cribb, Greene & Associates who represented the Huckle family in the transaction. The acquisition ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-07-14 00:00:00 UTC ]
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Simon & Schuster UK is expanding its commercial women’s fiction website Books and the... Continue reading at The Bookseller
[ The Bookseller | 2014-07-10 00:00:00 UTC ]
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James Patterson’s YA book franchise, which has sold over 30 million copies, is about to go digital. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-09 00:00:00 UTC ]
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The stand-off between the internet retail giant and the publishing corporation has drawn both sides into open contention over commercial termsThe extraordinary stand-off between Amazon and Hachette saw battle lines further entrenched on Tuesday as both parties took to the public arena to insult... Continue reading at The Guardian
[ The Guardian | 2014-07-09 00:00:00 UTC ]
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You've built and furnished a home. You regularly tweak and maintain the property so your equity grows. But when you're away, strangers gain access. They sell your appliances, plumbing fixtures and furniture and when you return, it's clear the value you've worked so hard to attain has... Continue reading at Advertising Age
[ Advertising Age | 2014-07-07 00:00:00 UTC ]
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The CEO of Germany's largest newspaper group is one of the few powerful figures speaking out about the web giantMatthias Döpfner is a man on a mission. The motives behind the mission need to be scrutinised, but when so many of old media's authority figures seem at sea in a changing environment,... Continue reading at The Guardian
[ The Guardian | 2014-07-06 00:00:00 UTC ]
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One one side are established authors including Stephen King, John Grisham and James Patterson. On the other side are self-published authors. They're taking sides in the weeks-old dispute between Amazon.com Inc. and Hachette Book Group. King, Grisham and Patterson have signed their names to a... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2014-07-04 00:00:00 UTC ]
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And whoever comes out on top, you can bet the poor old writer won't be any better offA few weeks ago, we published a book called Denglisch for Better Knowers, a (hopefully) humorous book about how the English language could be improved by taking new words and concepts from German. Like "ear... Continue reading at The Guardian
[ The Guardian | 2014-06-30 00:00:00 UTC ]
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Brick-and-mortar book stores have clearly been on the decline for a while -- just look at Barnes & Noble's rocky finances. However, there's now some tangible evidence that the pendulum has swung in favor of internet-based sales. BookStats estimates... Continue reading at Engadget
[ Engadget | 2014-06-30 00:00:00 UTC ]
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Tartt and Goodwin were on hand to accept their medals, and both gave enthusiastic speeches celebrating libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-29 00:00:00 UTC ]
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Video is on the tip of every publisher's tongue these days. And for good reason: Advertisers want it. Still, video is complex and not necessarily for everyone-at least not right away. That is, there's no disputing that the medium has arrived but what's still debatable is the value proposition... Continue reading at Folio Magazine
[ Folio Magazine | 2014-06-26 00:00:00 UTC ]
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