Between January and May this year, approximately 3,000 people working in the news industry were laid off or offered a buyout. That’s according to figures compiled by Challenger, Gray & Christmas Inc.—a Chicago-based firm that helps workers find new employment—and reported yesterday in a depressing article by Bloomberg’s Gerry Smith. The industry, Smith writes, is on course for its worst year jobs-wise since 2009. Back then, the Great Recession had hammered the economy across the board; now, with America’s unemployment rate at a 50-year low, journalism is a notable outlier. “In most industries, employers can’t find enough people to fill the jobs they have open,” Andrew Challenger, vice president at Challenger, Gray & Christmas, tells Smith. “In news, it has been the opposite story. And it seems to have been accelerating.” The decline of the media job market, especially in print, is nothing new. But 2019 has been particularly brutal. All job losses are not equal—layoffs are not buyouts are not firings—and different publications have their own specific problems beyond malign, industry-wide revenue trends. Nonetheless, by my rough, incomprehensive count, this year has seen: 200 layoffs at BuzzFeed; 250 layoffs at Vice; 800 layoffs at properties owned by Verizon, including HuffPost and Yahoo; more than 1,000 layoffs or buyout offers at newspapers owned by Gannett, McClatchy, and GateHouse; the loss of every staff writer at the East Bay Express, a California alt-weekly;... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2019-07-02 12:07:17 UTC ]
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A John Green-like debut novel from France draws international buyers; the memoir by a once-illiterate Colombian artist gets set as a future Penguin Classic; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-07 00:00:00 UTC ]
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A new European Commission-funded project will study whether or not reading digitally changes people’s comprehension of the text they consume. The Evolution of Reading in the Age of Digitisation (EREAD) research will launch next week in Ljubljana, Slovenia, and carry on until autumn 2017 at... Continue reading at The Bookseller
[ The Bookseller | 2015-04-03 00:00:00 UTC ]
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Berkley lands indie sensation for seven figures and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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This week: Larry Kramer's epic novel 30 years in the making, new Ann Packer, and the life of a "New Yorker" copyeditor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Despite several store closings, independent bookstores continue to open in greater numbers, like B&F Books in West New York, N.J. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Bonnier Corporation, publisher of dozens of special-interest publications including Saveur and Popular Science, is in talks to buy Men's Fitness magazine from American Media Inc., according to two people with knowledge of the conversations.One person said the expected sale price is "just shy of... Continue reading at Advertising Age
[ Advertising Age | 2015-03-30 00:00:00 UTC ]
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The potential fragility of new bookstore ventures was driven home when two-year-old Granada Books in Santa Barbara announced that it needs $50,000 to stay open. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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This week, Jon Ronson's fascinating exploration of shaming, Pulitzer-winner Tracy K. Smith's wonderful memoir, and how to clone a mammoth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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In this week's column, the concentration camp memoir from a French actress goes global; an Iranian punk rocker's posthumous novel draws buzz; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-24 00:00:00 UTC ]
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Lhooq Books opens, while Sparta Books marks its 50th anniversary. And Independent Bookstore Day (May 2) moves forward with a new interactive map. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-20 00:00:00 UTC ]
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Houghton Mifflin Harcourt is honoring the 100th birthday of its short fiction compilation Best American Short Stories with a special anniversary edition, edited by Lorrie Moore, called '100 Years of The Best American Short Stories.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-18 00:00:00 UTC ]
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A new award aims to honor children's books that feature "events and people that shaped the history of the U.S." Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-17 00:00:00 UTC ]
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Picador has pre-empted a début novel by American writer Nathan Hill. Associate publisher Ravi Mirchandani signed UK and Commonwealth rights in The Nix from Antony Goff at David Higham. US rights went to Tim O'Connell at Knopfy, while Gallimard and Piper acquired French and German rights at... Continue reading at The Bookseller
[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Two bookstores changed hands this week—Main Street Books in Davidson, N.C., and Partners Village in Westport, Mass. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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This week: Ayn Rand's connection to the 2008 financial collapse, America's youngest serial killer, and a modern retelling of "Madame Bovary." Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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Bookstore sales dipped in January and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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In this week's column, a backlist Dutch thriller sees new life after a movie adaptation; a Mexican debut novel with a bizarre culinary twist draws publisher in the U.K.; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-10 00:00:00 UTC ]
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One-hundred and twenty one in a series. Welcome to this week's overview of the best apps and games released for Windows in the past seven days. If you are interested in the development of Windows 10, you may be interested in screenshot leaks of build 10031 and build 10022 which allow you to... Continue reading at Betanews
[ Betanews | 2015-03-06 00:00:00 UTC ]
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The NEA’s Read Across America program continues through Saturday with a number of locations around the country celebrating children's literacy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-06 00:00:00 UTC ]
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This week: Erik Larson's account of the 'Lusitania,' and a coming-of-age novel about a girl...who's also a cannibal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-06 00:00:00 UTC ]
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