David Lipson, third-generation owner of Boston and Philadelphia magazine publisher Metro Corp., is stepping down as CEO and bringing in management consultant Nick Fischer to run the company through the COVID-19 pandemic and beyond, staffers learned this week. Fischer currently serves as managing partner at Calidus Inc., a middle-market consulting firm he co-founded, which Lipson says Metro Corp. had contracted for financial planning and analysis prior to the pandemic. In the past, Fischer has served as CFO of the retail chain Betteridge Jewelers, director of finance at Nordstrom and senior manager, FP&A at Capital One. "[Fischer] will be bringing to the company financial and operational expertise that we need to navigate our way through this pandemic and emerge with a sustainable business model," Lipson tells Folio: via email. [caption id="attachment_180159" align="alignright" width="150"] David Lipson[/caption] The change marks the first time in over 70 years that a member of the Lipson family will not run day-to-day operations at Philadelphia magazine, which was first acquired by Lipson's grandfather, S. Arthur Lipson, in 1946. The family business evolved into Metro Corp. after adding Boston magazine in 1970. Apart from the management change, Lipson says both Boston and Philadelphia will reduce their print frequency to 10 issues per year, and that both magazines will be implementing a digital paywall (Philadelphia's will debut in June, Boston's in January), selling... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-04-29 22:35:01 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 12/05/2011 - 15:34 Random House UK's switch to the agency model this week could lead other publishers to follow suit, despite the Office of Fair Trading investigating ebook pricing. The publisher's switch on Tuesday meant it has around... Continue reading at The Bookseller
[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Publication Date: Thu, 12/05/2011 - 09:30 Lonely Planet is to move some operations to London at the same time as making 70 staff redundant in Australia. Staff at the Lonely Planet office in Melbourne have been told a large part of the company's web operations are moving to the UK following... Continue reading at The Bookseller
[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Publication Date: Thu, 12/05/2011 - 09:30 Lonely Planet is to move some operations to London at the same time as making 70 staff redundant in Australia. Staff at the Lonely Planet office in Melbourne have been told a large part of the company's web operations are moving to the UK following... Continue reading at The Bookseller
[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Apple is winning over the big publishers. Last week, Hearst Corp. said it planned to start selling its magazines using Apple's new iTunes subscription service. Now rival Conde Nast is actually doing it, via the publisher's New Yorker title. Continue reading at AllThingsD
[ AllThingsD | 2011-05-09 00:00:00 UTC ]
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Hearst will begin selling iPad subscriptions to Esquire, Popular Mechanics, and O, The Oprah Magazine. Continue reading at PC World
[ PC World | 2011-05-05 00:00:00 UTC ]
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Denver, Colorado-based regional magazine 5280 has acquired the intellectual property of its main competitor, Denver Magazine, including Federal trademark of the brand name, Internet domains including http://denvermagazine.cim and Denver's Twitter account and Facebook pages. Continue reading at Folio Magazine
[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Fri, 08/04/2011 - 15:53 Sheila Bounford has been promoted to managing director at Plymouth-based book distributor NBN International (NBNi). Bounford joined NBNi as head of new business development in 2004 after serving as executive director of the... Continue reading at The Bookseller
[ The Bookseller | 2011-04-08 00:00:00 UTC ]
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The bookseller is proceeding with plans to open its own Android app store for the Nook Color, announcing new tools for developers and promising they will get a 70 percent cut of revenue. The first apps and store are due out with a major update to the Nook software due out this spring. Continue reading at AllThingsD
[ AllThingsD | 2011-04-08 00:00:00 UTC ]
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On Monday, Bonnier officially launched a spin-off company called Moving Media+ which will be offering the Mag+ app creation tool to any publisher that wants to use itas a free download. The app reader and continued services, however, come at a cost. Continue reading at Folio Magazine
[ Folio Magazine | 2011-04-06 00:00:00 UTC ]
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As you may have heard, the cookbook sensation of the season, if not the decade, is Modernist Cuisine, a six-volume magnum opus on contemporary cooking principles that will set you back roughly $500. Self-published by Nathan Myhrvoldthe genius founder of Microsoft's research division,... Continue reading at Slate
[ Slate | 2011-04-01 00:00:00 UTC ]
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Tech publisher TechTarget has agreed to buy the Web sites and event products related to Reed Business Information's Computer Weekly, while the 45-year-old magazine will close. ComputerWeekly.com serves IT managers in Europe and the U.K. and draws an average of 425,000 visits and 1 million page... Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-29 00:00:00 UTC ]
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Written By: Barbara Casassus Publication Date: Tue, 22/03/2011 - 16:45 Hachette Livre and the French National Library (BnF) have signed a print-on-demand agreement for the publisher to sell through bookshops out-of-copyright works from the BnFs online library Gallica. An initial 15,000 titles... Continue reading at The Bookseller
[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Zinio CEO Rich Maggiotto has posted an open letter apologizing for the digital newsstand being down for several days last week and attributing the problem to "misconfigured operational scripts that took down both core and redundant servers at Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-15 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Tue, 15/03/2011 - 09:07 Simon & Schuster has brought forward publication of its first tie-in titles to the Octonauts CBeebies television series from the summer to the end of March. The publisher had originally signed a deal with Chorion to publish... Continue reading at The Bookseller
[ The Bookseller | 2011-03-15 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Mon, 14/03/2011 - 15:38 Bethan Roberts has moved from Serpent's Tail to Chatto and Windus after the Random House imprint bought her latest novel, inspired by the life of E M Forster. Senior editor Poppy Hampson bought world rights to My Policeman from... Continue reading at The Bookseller
[ The Bookseller | 2011-03-14 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 09/03/2011 - 08:28 Canongate has appointed former Headline and Bloomsbury marketing executive Cate Cannon to the role of digital content developer. Sales and marketing director Jenny Todd said: "Cate's creative flair and marketing expertise... Continue reading at The Bookseller
[ The Bookseller | 2011-03-09 00:00:00 UTC ]
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College stores may have taken the word "book" out of their name, but they still have a lot in common with their independent bookstore brethren. At this year's 88th annual meeting of the National Association of College Stores and Campus Market Expo many concerns shared with ABA stores, such as... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-03-07 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 02/03/2011 - 18:05 Random House US is introducing 17,000 books to the iBookstore, several days after it announced it had moved to agency pricing. At this afternoon's Apple iPad event in San Francisco, Apple c.e.o. Steve Jobs said users have... Continue reading at The Bookseller
[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 02/03/2011 - 08:43 John Grisham has switched publisher from Random House to Hodder & Stoughton, the publisher of his books aimed at younger readers. read more Continue reading at The Bookseller
[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 01/03/2011 - 09:53 Random House UK has said it will continue to evaluate options for ebook pricing but will not follow its US business in adopting the agency model. A statement from Random House US issued overnight said agency would... Continue reading at The Bookseller
[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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