AOL Inc. is eliminating about 500 positions at its struggling Patch local-news business, or close to half of the division’s more than 1,000 employees, according to a person with knowledge of the decision.About 350 people will lose their jobs today, and roughly 150 will be asked to stay for 60 more days as the company seeks partners for some of the 900 Patch sites, said the person, who asked not to be identified because the matter is confidential. Chief Executive Officer Tim Armstrong, who apologized this week for firing a staff member in front of colleagues, announced the job cuts this morning to Patch workers.Mr. Armstrong, who has said he aims to make Patch profitable by the end of the year, told the staff last week that 400 sites would close down or look for partners, such as other local-news publishers. Today, Mr. Armstrong told employees the company may shutter as many as 20% of the Patch sites, with another 20% destined for partnerships or consolidation, the person said.Patch, which covers school-board meetings, local businesses and other neighborhood stories, has been a costly part of AOL’s strategy to transform the dial-up provider into an advertising-driven content publisher. The company has spent more than $300 million developing the sites, which serve communities and neighborhoods across the country.“Patch’s strategy will be to focus resources against core sites and partner in sites that need additional resources,” AOL said today in an e-mailed statement. “The... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-16 00:00:00 UTC ]
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Lucy Danziger, most recently editor-in-chief of "SELF" magazine, is joining Ballantine Bantam Dell in the newly created position of editor-at-large. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-04 00:00:00 UTC ]
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Stephanie Wong has been promoted to lifestyle marketing and publicity manager at Chronicle Books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-31 00:00:00 UTC ]
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Yvonne Hunter, former v-p, publicity and marketing at Penguin Group Canada, will be heading up literary, cultural and special events programming at the Toronto Public Library. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-29 00:00:00 UTC ]
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At Houghton Mifflin Harcourt, Bridgett Paradise has been named senior v-p of human resources and chief people officer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-28 00:00:00 UTC ]
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Abigail Naqvi has joined Bloomsbury as the head of academic marketing for the Americas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-25 00:00:00 UTC ]
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After over nine years years at Penguin, Beth Parker, associate publicity director of Gotham and Avery books, has left the company to start her own company, Beth Parker PR. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-24 00:00:00 UTC ]
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At Portfolio, Sentinel, and Current, Jacquelynn Burke and Margot Stamas have been promoted to senior publicist. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-23 00:00:00 UTC ]
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Marie Florio has been promoted to director of subsidiary rights for the Simon & Schuster Publishing Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-22 00:00:00 UTC ]
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Jenna Pocius has joined little bee books as associate editor. Pocius was previously assistant editor at Bloomsbury Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-21 00:00:00 UTC ]
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Penny Makras will be joining the Harper marketing team on July 21 as a senior marketing manager. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-18 00:00:00 UTC ]
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Kelli Chipponeri has been promoted to editorial director, children's, at Chronicle Books Children’s Publishing. Chipponeri joined the company in 2010 as executive editor. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Cambridge University Press has appointed Mandy Hill as the new managing director of academic publishing, taking over for Richard Fisher, who will be leaving in December after 30 years at the Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-14 00:00:00 UTC ]
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Teresa Zampino has joined Penguin Random House International Sales & Marketing as Penguin Group marketing manager, international. She was previously at Hachette Book Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-10 00:00:00 UTC ]
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At Norton, Elizabeth Riley has been promoted to senior publicity director. Rachel Salzman and Erin Lovett have also been promoted to publicity directors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-09 00:00:00 UTC ]
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Becky Green has been promoted to v-p, director, children’s retail sales, Random House Children’s Books. She was previously the division's v-p. national accounts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-08 00:00:00 UTC ]
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Libraries in Derbyshire could see staffing reduced and opening hours slashed as the county... Continue reading at The Bookseller
[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Ann Lawson has been appointed head of Publishing Technology’s ingentaconnect division. Prior to joining Publishing Technology, Lawson spent seven years at EBSCO Information Services where she served most recently as senior director. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-07-07 00:00:00 UTC ]
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Sandra Bishop, v-p of MacGregor Literary, is leaving the company to become an independent agent. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-27 00:00:00 UTC ]
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Tom Cox has been appointed v-p, adult mass merchandise and distributor sales at Penguin Random House. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-26 00:00:00 UTC ]
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Patrick Janson-Smith has joined London-based digital publisher Apostrophe Books as editor-at-large. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-24 00:00:00 UTC ]
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