Borders cuts losses as suitors circle

Written By: Bookseller Staff Publication Date: Wed, 22/06/2011 - 09:15 Borders has cut its net losses by almost $100m (£61.7m) in May as two "buyout moguls" have emerged as contenders to take over the business. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-06-22 00:00:00 UTC ]
News tagged with: #net losses

Other Publishing stories related to: 'Borders cuts losses as suitors circle'


Los Angeles Times announces 74 job cuts due to economic challenges

The Los Angeles Times says it is cutting 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization Continue reading at ABC News

[ ABC News | 2023-06-07 20:06:25 UTC ]
More news stories like this | News stories tagged with: #economic challenges #digital media


Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225mVice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price... Continue reading at The Guardian

[ The Guardian | 2023-05-15 09:23:50 UTC ]
More news stories like this | News stories tagged with: #vice news #vice tv #bankruptcy protection #$6bn 5bn #digital publisher


BuzzFeed News to be shuttered in corporate cost cutting move

Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that's shedding about 15% of its entire staff Continue reading at ABC News

[ ABC News | 2023-04-20 23:02:36 UTC ]
More news stories like this | News stories tagged with: #buzzfeed news #corporate parent #digital media #pulitzer prize


In Canada, the Indigenous Editors Association Widens Its Circle

The Indigenous Editors Association is working to broaden the Indigenous presence in all aspects of Canadian publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #canadian publishing


The National Book Critics Circle Awards Return to Manhattan

This year's National Book Critics Circle Awards, honoring books published in 2022, returned to its in-person format for the first time since 2019 to present awards to Joy Harjo, Hua Hsu, Ling Ma, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #in-person format #joy harjo #hua hsu #ling ma


Ukrainian Author Andrey Kurkov Among National Book Critics Circle Award Winners

A collection of fantastical short stories and a book of poems about escaping capitalist society were also among the 2022 winners. Continue reading at The New York Times

[ The New York Times | 2023-03-24 00:51:07 UTC ]
More news stories like this | News stories tagged with: #short stories


Barnes & Noble to Overhaul Membership Program, Cut Free Educator Program

"Just use your library" is not the solution to the new price hikes and benefit decreases in Barnes & Noble's membership changes. Continue reading at Book Riot

[ Book Riot | 2023-03-01 12:57:36 UTC ]
More news stories like this | News stories tagged with: #barnes noble


News Corp cuts driven by Murdoch’s mission to prop up news assets

Weeks after Fox merger scrapped investors say market value languishing because of underperforming businesses in portfolioThe shrinking of Rupert Murdoch’s News Corporation by 1,250 roles after a plunge in profits of almost a third serves as a stark reminder that the billionaire mogul’s abortive... Continue reading at The Guardian

[ The Guardian | 2023-02-10 16:37:18 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #news corporation #stark reminder #media empire #fox news #news corp


News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
More news stories like this | News stories tagged with: #marketing spend #york post #major publishing #news corp


2023 National Book Critics Circle Awards Finalists Announced

Finalists in six categories for the annual awards honoring the best books of the previous publishing year have been announced. 'New York Times' critic Jennifer Wilson, poet Joy Harjo, and City Lights Booksellers & Publishers have won special awards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-31 00:00:00 UTC ]
More news stories like this |


HarperCollins Is Cutting 5% of Its North American Workforce

The publisher, which has been embroiled in a labor standoff since November, will lay off 5% of its North American staff by June 30, the end of its current fiscal. CEO Brian Murray said the company was facing lagging demand and “unprecedented supply chain and inflationary pressures." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-30 05:00:00 UTC ]
More news stories like this | News stories tagged with: #inflationary pressures


Two-thirds of UK’s biggest advertisers to cut television spend

Traditional TV shunned in favour of digital media and last-minute promotional campaignsMore than two-thirds of the UK’s biggest advertisers intend to cut back spending on traditional TV next year, as the recession fuels a shift to digital media and last-minute bursts of promotion.A survey of 59... Continue reading at The Guardian

[ The Guardian | 2022-11-21 00:01:39 UTC ]
More news stories like this | News stories tagged with: #biggest advertisers #traditional tv #digital media


Amazon Makes Cuts to Its Book Group

As part of a companywide effort to reduce costs, Amazon has eliminated an unspecified number of jobs in its Books business. Word of the reductions came in a letter sent yesterday to employees from CEO Andy Jassy describing “role eliminations” in the company's Books and Devices units. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-18 05:00:00 UTC ]
More news stories like this | News stories tagged with: #books business #book group #reduce costs #unspecified number


Brigitte Giraud Wins Goncourt Prize With Tragic Novel of Loss

The prestigious French literary award went to “Living Fast,” or “Vivre Vite,” which explores the causes of an accident that killed the author’s partner. Continue reading at The New York Times

[ The New York Times | 2022-11-03 14:26:37 UTC ]
More news stories like this | News stories tagged with: #literary award


After Massive July Layoff, Callisto Media Cuts Staff Further

After a large job cut in mid-July, Callisto Media made another significant staff reduction on Monday in a move to cut costs during an uncertain economic climate. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #cut costs


Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times

[ The New York Times | 2022-10-12 21:51:53 UTC ]
More news stories like this | News stories tagged with: #voluntary buyouts


Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #expects sales #quarter loss #2% increase #scholastic


Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #restructuring charges #higher costs #operating loss


Alex Ross Comes Full Circle

PW talked with Alex Ross about his return to the Marvel comics universe with ‘Fantastic Four: Full Circle’, a new graphic novel starring The Fantastic Four, and his first effort writing and drawing a full graphic novel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #alex ross #full circle #pw talked #graphic novel


Panel Mania: Fantastic Four: Full Circle by Alex Ross

Acclaimed superhero cover artist Alex Ross’s 'Fantastic Four: Full Circle', a passionate homage to Marvel’s great superhero artist Jack Kirby, is his first solo effort at writing and drawing a full superhero graphic novel. An eight-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #full circle #alex ross #eight-page excerpt