AT&T cuts more than 8,700 workers in third quarter amid Covid-19

The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
News tagged with: #time warner

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4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | April 17

At the end of a week that's seen a deluge of negative headlines, both in the media business and the news in general, there remain plenty of opportunities to look for the helpers. As we have each of the last three Fridays, today we highlight four more publishers who are giving back in some way... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-17 17:13:27 UTC ]
More news stories like this | News stories tagged with: #raise awareness #latest issue #give back


What Book Orgs Are Doing to Help the Biz Through Covid-19

Trade associations and other organizations have stepped up to provide information and resources to help those in the book publishing industry navigate the crisis. Below is an overview of what a number of groups are doing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #provide information #book publishing


Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
More news stories like this | News stories tagged with: #cut costs #bloomsbury


Informa Cuts Executive Pay, Suspends Dividends and Issues New Equity

The world's largest exhibitions organizer, London-based Informa plc, outlined on Thursday morning a series of emergency actions it's taking to alleviate the impact of the COVID-19 pandemic on its events business, which drives nearly two-thirds of the company's overall revenues. Noting that the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-16 18:02:14 UTC ]
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Amazon Cuts Affiliate Commission Fees for Certain Product Categories

Some publishers already reeling from lost revenue as a result of the COVID-19 pandemic are about to take another hit. Amazon says it will soon drastically reduce the commission rates of its affiliate marketing program—the cut of sales it rewards to participating websites that drive customers to... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-15 01:15:20 UTC ]
More news stories like this | News stories tagged with: #retail partners #bauer media #bonnier corp #hearst magazines #business insider #digital trends #york magazine #strategic partnerships #hearst #bonnier


Vox Solicits Reader Contributions to Keep Its Content Free Amid Ad Declines

The near-simultaneous rush among publishers with subscription businesses to loosen their paywalls and provide free access to reporting on the COVID-19 pandemic has reignited long-standing debates about whether the news should fundamentally be free, even as ad-supported journalism (with some... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-10 16:17:19 UTC ]
More news stories like this | News stories tagged with: #caption id= #subscription model #apple news+ #york magazine #media industry


4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | April 10

Here we are in week three of our new (hopefully short-lived) weekly roundup of praise for publishers doing their part to give back to their communities and readerships during the COVID-19 pandemic. It’s heartening to see publishers act selflessly, despite the challenges their own businesses and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-10 13:51:46 UTC ]
More news stories like this | News stories tagged with: #working directly #marketing manager #dc comics #donated $250 #economic crisis #comic book #book industry


‘We’re just doing our best to adapt’: Emma Straub on running an indie bookstore amid coronavirus

The best-selling author and co-owner of Books Are Magic discusses how her store is weathering the crisis while supporting writers, staff, and other bookstores. For years, independent bookstores fought to stay in business in the face of big box stores and Amazon’s unstoppable growth. Now, they... Continue reading at Fast Company

[ Fast Company | 2020-04-10 10:30:03 UTC ]
More news stories like this | News stories tagged with: #business online #emma straub #coronavirus pandemic #best-selling author #bookstore


Publishing's First Quarter in 2020: A Good Start, Then the Virus

Publishing sales got off to a decent start in 2020—but as the new coronavirus increased its grip on the country’s economy, sales have softened. The business outlook for the second quarter is, at best, uncertain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing sales #good start


Learning at Home in the Age of Covid-19

While schools are closed nationwide due to the pandemic, educational companies and publishers are rushing to offer digital resources for educators and families. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #educational companies


Wired Sees Subscription Bump Despite Lifting Its Paywall on Covid-19 Content

In mid-March, Wired joined fellow Condé Nast titles The New Yorker and Vanity Fair, as well as numerous other newspapers and magazines, in opening up free access to its coverage of the COVID-19 pandemic, moving that content outside of the metered paywall that otherwise limits non-subscribers... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-09 17:20:07 UTC ]
More news stories like this | News stories tagged with: #coronavirus update #email newsletter #long run #digital subscription


Confronting COVID-19: ‘Publishers Weekly’ President Discusses Book Industry Impact, Shares Hope

Publishers Weekly has been providing news to book businesses since 1872, weathering many world crises since then. While the coronavirus pandemic brings new challenges to the magazine and the book industry it serves, current technologies are enabling the publisher to adapt. Continue reading at Publishing Executive

[ Publishing Executive | 2020-04-09 16:57:30 UTC ]
More news stories like this | News stories tagged with: #book businesses #publishers weekly #book industry


Hearst Promises Journalists at Its Newspapers No Furloughs, No Pay Cuts

Bucking the newspaper industry trend, Hearst Corporation has told its newsrooms there will be no layoffs, no furloughs and no Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-09 14:52:48 UTC ]
More news stories like this | News stories tagged with: #pay cuts #hearst corporation #hearst


Piatkus to bring out 'guidebook on surviving the Covid-19 crisis'

Piatkus is publishing "a guidebook on surviving the Covid-19 crisis, embracing the global pause and emerging with a new kind of future" by Beth Kempton. Continue reading at The Bookseller

[ The Bookseller | 2020-04-09 10:48:50 UTC ]
More news stories like this | News stories tagged with: #covid-19 crisis #beth kempton


How is the internet handling increased traffic during the COVID-19 crisis?

With the current COVID-19 pandemic leading to increased demand for online services there have been concerns about the web's ability to cope. New analysis by Fastly of traffic patterns between January and March looks at regional trends for key US states and countries around the globe that are... Continue reading at Betanews

[ Betanews | 2020-04-09 10:31:56 UTC ]
More news stories like this | News stories tagged with: #covid-19 crisis #increased demand #online services #covid-19 pandemic #school closures #stay-at-home orders #digital publishing


Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #$50 million #adjusted ebitda


Bloomsbury reveals plans to support indies amid pandemic

Bloomsbury has announced a strategy to support independent bookshops during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 07:54:28 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #bloomsbury


Religion Book Deals: April 8, 2020

A former beauty queen lands at Convergent, country music singer Sara Evans brings a memoir to Howard Books; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #memoir


As Magazines Seek New Footing During the COVID-19 Crisis, Newsstands Try to Hang On

For most publishers, the newsstand business has become ancillary. But prior to The Great Recession, America’s top 500 magazines delivered nearly 350 million copies to newsstands across the country. Times have changed, to say the least. That number now is a small fraction of what it once was,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-07 15:37:04 UTC ]
More news stories like this | News stories tagged with: #greater good #supply chain #entire ecosystem #things return #road ahead #hearst


Hachette UK and Bonnier Books UK furlough 10% of workers

Both Hachette UK and Bonnier Books UK have revealed they are furloughing roughly 10% of their overall workforces.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-07 07:24:49 UTC ]
More news stories like this | News stories tagged with: #hachette uk #hachette #bonnier