BNP Media Shutters Five Magazines, Laying Off Numerous Staffers

BNP Media is shuttering five of its trade magazines and merging others in a round of downsizing that will see several employees let go over the coming weeks. Appliance Design, Ceramic Industry, Hotel F&B, Reeves Journal and the Spanish-language Industria Alimenticia will each shut down by the end of May—some as soon as this week—while Brand Packaging will be folded into Packaging Strategies and Flexible Packaging, bimonthly SNAP into its sister title Architectural Record, and Distribution Trends into HVAC industry weekly The ACH&R News. "Given the past performance of these brands, the current marketing conditions, and the foreseeable future, it does not make business sense to continue them," said an internal memo sent out Monday, March 18. "This is not an easy decision but one that we believe is best for the overall health of BNP Media." Impacted employees were notified of the cuts the previous Friday, March 15. Current staffers, on condition of anonymity, said the layoffs extend beyond just the magazines being shut down and that further cuts are expected, but couldn't put an exact number on the amount of employees being laid off. Reps for BNP Media declined to share specifics. "The three titles we are merging had become redundant with some of our larger titles. It just made sense to consolidate our efforts," Tagg Henderson, co-CEO of BNP Media, tells Folio:. "While we made every effort to succeed with the discontinued titles, the markets they serve had become too... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-03-26 00:00:00 UTC ]
News tagged with: #media brand #regional magazine #careful consideration #hard work

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Flipboard Rival: New York Times Deal is Good News for the Media Industry

Publishing giants The New York Times and The Wall Street Journal firmed up exclusive deals with Flipboard and Pulse earlier in the week for exclusive content to go out to these third-party mobile apps, but as one Flipboard rival explains, this news c ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-02 00:00:00 UTC ]
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Media Decoder Blog: Even if News Corp. Divides, the Murdochs' Control Is Undiluted

Critics of the company's dual-class share structure, which gives the Murdoch family 40 percent voting control, registered their concerns that nothing would change if the company split into entertainment and publishing businesses. Continue reading at The New York Times

[ The New York Times | 2012-06-29 00:00:00 UTC ]
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Media Decoder Blog: News Corporation Announces Split

Rupert Murdoch, the chairman and chief executive, confirmed Thursday that the company was spinning off its publishing division. He defended his newspaper assets, vowing to "unleash their real potential.'' Continue reading at The New York Times

[ The New York Times | 2012-06-28 00:00:00 UTC ]
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Hearst Unveils Private Ad-Buying Marketplace for Its Magazine Websites

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[ Editor & Publisher | 2012-06-27 00:00:00 UTC ]
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Media giant News Corp. considering breakup

News Corp. is considering a breakup that would put its 20th Century Fox film studio, Fox broadcast network and Fox News Channel in one company and its newspapers and book publishing assets in another.News Corp. is contemplating what once was unthinkable — splitting its entertainment and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-06-27 00:00:00 UTC ]
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Australian Billionaire Threatens to Dump Fairfax Media Stake

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[ Editor & Publisher | 2012-06-26 00:00:00 UTC ]
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SmartMoney magazine goes online-only

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[ Crains New York | 2012-06-22 00:00:00 UTC ]
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Flipboard finally brings its magazine-like news reader to Android

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[ Betanews | 2012-06-22 00:00:00 UTC ]
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[ Editor & Publisher | 2012-06-21 00:00:00 UTC ]
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Media Decoder Blog: From Penguin, a Plan to Make Its E-Books Available in New York City Libraries

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[ The New York Times | 2012-06-21 00:00:00 UTC ]
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Media Decoder Blog: Pearl Buck Novels to Be Published as E-Books

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[ The New York Times | 2012-06-18 00:00:00 UTC ]
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Fairfax to Cut 1,900 Jobs in Restructuring of Media Operations

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[ The New York Times | 2012-06-18 00:00:00 UTC ]
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[ Engadget | 2012-06-14 00:00:00 UTC ]
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[ Editor & Publisher | 2012-06-13 00:00:00 UTC ]
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[ The New York Times | 2012-06-13 00:00:00 UTC ]
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[ The New York Times | 2012-06-07 00:00:00 UTC ]
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[ Engadget | 2012-06-06 00:00:00 UTC ]
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Media Decoder Blog: Attacking Amazon, Authors Group Urges Opposition to E-Book Settlement

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[ The New York Times | 2012-06-05 00:00:00 UTC ]
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