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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Eli Horowitz does not think of himself as someone who “fetishizes the book.” But he’s also seen what books become, in digital form, and has not always been impressed. A former managing editor and publisher at McSweeney’s, Horowitz describes much of what he has seen in the digital revolution in... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-09-01 00:00:00 UTC ]
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Bookworld, formerly Borders.com.au, has internet giant Amazon in its sights with new book business. Continue reading at The Sydney Morning Herald
[ The Sydney Morning Herald | 2012-08-30 00:00:00 UTC ]
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Community groups in West Yorkshire are banding together in an attempt to take over libraries... Continue reading at The Bookseller
[ The Bookseller | 2012-08-29 00:00:00 UTC ]
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Volunteers will take over the running of ten libraries in Surrey after the county council was... Continue reading at The Bookseller
[ The Bookseller | 2012-08-17 00:00:00 UTC ]
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The story is about a criminal who wins the lottery, and the author has moved to America, land of the super PACs, so money is on his mind.Martin Amis, once dubbed "fiction's angriest writer," continues dissecting the absurdity and excesses of postmodern society in his latest novel, "Lionel Asbo:... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-08-12 00:00:00 UTC ]
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School libraries are being forced to scrape by on ever-decreasing budgets, according to a new... Continue reading at The Bookseller
[ The Bookseller | 2012-07-30 00:00:00 UTC ]
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E-book sales have helped Amazon to gain a 21.1% share of the entertainment market in the UK,... Continue reading at The Bookseller
[ The Bookseller | 2012-07-24 00:00:00 UTC ]
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Penguin Children’s will continue what it describes as its transition from traditional... Continue reading at The Bookseller
[ The Bookseller | 2012-07-23 00:00:00 UTC ]
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Traditional trade publishers have been testing the digital-first/digital-only publishing waters for more than two years now, and the pace is accelerating. This month alone, Penguin is reviving the Dutton Guilt Edged Mysteries line as a digital only imprint, Kensington has launched eKensington as... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-07-13 00:00:00 UTC ]
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E-books, plus the consumer downturn, have taken a £50m bite out of the print book market... Continue reading at The Bookseller
[ The Bookseller | 2012-07-06 00:00:00 UTC ]
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Bloomberg Businessweek has signalled its intention to make greater inroads into the UK market and become a “real global brand” by increasing its circulation in Europe and Asia by 80,000 copies a week. The US-based magazine giant ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-07-05 00:00:00 UTC ]
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The board of Fairfax, publisher of the Herald, has rebuffed Gina Rinehart's bid for a seat because she will not agree to its charter of editorial independence. In an explosive statement released late yesterday, Fairfax chairman Roger Corbet ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-06-27 00:00:00 UTC ]
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Wattpad, a booming ebook community site, hosts five million stories, with 500,000 added per month. Continue reading at AllThingsD
[ AllThingsD | 2012-06-06 00:00:00 UTC ]
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Take-up by academics of the option to publish via Open Access models is “variable”,... Continue reading at The Bookseller
[ The Bookseller | 2012-06-01 00:00:00 UTC ]
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A dozen books a year? Some writers are accelerating the pace in this brave new world of ebooks. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-05-15 00:00:00 UTC ]
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With ebooks and digital subscription of magazines and newspapers becoming the new hot, many are sending off the message that print is gradually losing or has even already lost to its digital counterpart, while others argue that print is far from dead. Needless to say, being one of the leading... Continue reading at Engadget
[ Engadget | 2012-05-12 00:00:00 UTC ]
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Although print accounts for 80% of Hearst's revenues, the publisher is spending 80% of its time on the "huge potential" of digital, according to Ella Dolphin, publishing director of Hearst Magazines UK's young women's group. Continue reading at Media Week
[ Media Week | 2012-05-09 00:00:00 UTC ]
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Soho Press, an independent publisher with a full-time staff of nine, is made up of a band of fiercely loyal book lovers. The press was taken over by publisher Bronwen Hruska in 2010.Juliet Grames, Soho’s senior editor, said, about working with her: “For our first 25 years we were a quality... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-05-04 00:00:00 UTC ]
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The general secretary of the Society of Authors has called for a one-on-one meeting with culture... Continue reading at The Bookseller
[ The Bookseller | 2012-05-04 00:00:00 UTC ]
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