Baltimore Sun looks to non-profit status to stay afloat amid coronavirus threat

Paper owned by Tribune has seen deep cuts to newsroomBaltimore-based group wants paper to become non-profitThe Baltimore Sun has just won the Pulitzer prize for local reporting, despite years of job cuts and as the coronavirus pandemic appears set to ravage the nation’s journalism sector even more. Related: FT reporter accused of listening to Zoom calls of rival outlet resigns Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-05-12 10:00:08 UTC ]
News tagged with: #baltimore sun #job cuts #zoom calls #pulitzer prize

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RuPaul has launched an online bookshop that will share its profits with writers.

There’s a new online bookstore in town—and this time it’s helmed by RuPaul. Yes, that RuPaul. (Reading being, after all, fundamental.) Allstora, announced today*, is a membership-based bookstore that offers a profit-split to authors. RuPaul serves as Allstora’s Chief Creative Officer and... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-04 16:45:28 UTC ]
More news stories like this | News stories tagged with: #online bookstore #bestselling author #bookstore #bookshop


Your Next Book Based on Your Relationship Status

Ah yes. Literature. The vehicle through which we may explore faraway lives we would have otherwise never imagined. From my little, rugged armchair, I can witness forbidden love in the 18th century. Peek into a bustling kitchen in New York City. Discover the dramatic betrayal that fractured the... Continue reading at Electric Literature

[ Electric Literature | 2024-02-14 12:00:00 UTC ]
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Profits Soar at HarperCollins as Audio Sales Boom

A 29% increase in sales of digital audio, coupled with lower costs, resulted in a 67% increase in profits at the publisher in the quarter ended December 31, 2023, over the comparable period a year ago. Total sales were up 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #total sales #digital audio #lower costs #harpercollins


Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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Another Round of Public Library Bomb Threats

Minnesota public libraries have had a wave of bomb threats called in over the last week, closing institutions early & increasing fear. Continue reading at Book Riot

[ Book Riot | 2024-01-11 14:27:23 UTC ]
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Beware the ‘botshit’: why generative AI is such a real and imminent threat to the way we live | André Spicer

Unless checks are put in place, citizens and voters may soon face AI-generated content that bears no relation to realityAndré Spicer is professor of organisational behaviour at the Bayes Business School at City, University of LondonDuring 2023, the shape of politics to come appeared in a video.... Continue reading at The Guardian

[ The Guardian | 2024-01-03 12:00:01 UTC ]
More news stories like this | News stories tagged with: #hillary clinton #generative ai #ron desantis #book business


Regnery Publishing Will Stay with Salem Media Group

Salem Media Group, parent company of Regnery Publishing, has been selling assets in an effort to cut its debt debt load, but a proposed sale of the publisher has been called off. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 05:00:00 UTC ]
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Sales Rise, Profits Soar at Amazon

Total sales at Amazon increased 13%, to $143.1 billion, in the third quarter ended September 30, 2023, over the comparable period in 2022, and operating income jumped to $11.2 billion, from $2.5 billion in the third quarter 2022. Online sales rose 7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-27 04:00:00 UTC ]
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Bloomsbury’s fantasy list helps it to record £17.7m first-half profits

Publisher to double dividend after demand grows for books by Sarah J Maas and Samantha ShannonBusiness live – latest updatesThe book publisher Bloomsbury has hit record profits in the first half of the year thanks in part to a boom in fantasy fiction driven by the American author Sarah J Maas,... Continue reading at The Guardian

[ The Guardian | 2023-10-26 07:50:43 UTC ]
More news stories like this | News stories tagged with: #year earlier #continuing popularity #harry potter #american author #book publisher


September Religion Bestsellers: Jonathan Cahn Returns; ‘The Stranger’ Stays

Biblical prophecy author Jonathan Cahn’s latest title, ‘The Josiah Manifesto,’ takes #1 on PW’s Religion Nonfiction Bestsellers list. In fiction, ‘The Stranger in the Lifeboat’ by Mitch Albom remains at the top. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-11 04:00:00 UTC ]
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Appeals Court Temporarily Stays Injunction Blocking Texas Book Rating Law

The temporary hold, which is not based on the merits of the case, puts Judge Alan D. Albright's preliminary injunction on ice while the Fifth Circuit considers the state's bid to stay the injunction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-26 04:00:00 UTC ]
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Vice Media Group’s Cory Haik says company’s publishing business is ‘very close to profitability’

During the Digiday Publishing Summit, the COO of VMG’s news and entertainment arm explained how its publishing business plans to bounce back over the next 12 to 18 months. Continue reading at Digiday

[ Digiday | 2023-09-20 04:01:00 UTC ]
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These drag performers say protests, threats won't stop them from reading to kids at storytime events

Drag performers who read stories to children at libraries across Canada have faced an increase in protests calling the events destructive for kids, and in some cases, even threats of violence. But the king and queens say they won't let that stop them, because storytimes are about joy and literacy. Continue reading at CBC

[ CBC | 2023-09-16 08:00:00 UTC ]
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Nielsen replaces CEO amid measurement turbulence

Nielsen named Karthik Rao, who headed Nielsen Audience Measurement, as CEO of the entire company, succeeding David Kenny, who will become executive chairman. Continue reading at Advertising Age

[ Advertising Age | 2023-09-14 13:51:57 UTC ]
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Drew Barrymore is dropped as National Book Awards host amid writers' strike controversy

The National Book Foundation has rescinded Drew Barrymore's invitation to host the National Book Awards while her show tapes amid the Hollywood strikes. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-09-12 23:23:20 UTC ]
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Costs Cut into Profits at Big Publishers

In the first half of 2023, publishers struggled to keep expenses down, with multiple companies citing higher costs as the major reason margins shrank in the first six months of 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-01 04:00:00 UTC ]
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With Key Decision Imminent, Judge Orders Status Conference in Texas Book Rating Case

The moves come after the court held a second hearing on a bid to block the law from taking effect on August 28, and with the law's September 1 effective date bearing down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-31 04:00:00 UTC ]
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After Six Turbulent Months, Penguin Random House Profits Increase Slightly

Despite a tumultuous first half of 2023 that included major buyouts and some layoffs, sales at Penguin Random House rose 9.5% in the first six months of 2023 over the comparable period in 2022. Operating earnings increased slightly, by €1 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
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