BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructureBuzzFeed announced plans to lay off dozens of employees after offloading Complex Networks at a significant discount.The struggling digital media group, which also owns HuffPost, said it would reduce its remaining workforce by 16% as part of a strategic restructuring. This will save the firm about $23m a year, it said. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-02-21 22:57:22 UTC ]
News tagged with: #significant discount #buzzfeed plans #selling complex #media group #offloading complex #owns huffpost #remaining workforce #strategic restructuring #digital media

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Oregon weekly newspaper to relaunch print edition after theft forced it to lay off its entire staff

An Oregon weekly newspaper that had to lay off its entire staff after its funds were embezzled will relaunch its print edition next month Continue reading at ABC News

[ ABC News | 2024-01-28 01:58:28 UTC ]
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Wild Rumpus Bookstore Ownership Transferred to Four Employees

Collette Morgan, owner of the Minneapolis children's bookstore that she and her then-husband opened in 1992, has transferred its ownership to four of the store's eight employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-19 05:00:00 UTC ]
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Twitch Quietly Ends Partnerships With Rolling Stone, Complex, Vice

Livestream platform Twitch quietly ended a series of multiyear partnerships in 2023 that it brokered with publishers including Rolling Stone, Complex and Vice, according to three people familiar with the agreements. Twitch invited the publishers to establish channels on... Continue reading at AdWeek

[ AdWeek | 2024-01-18 10:34:51 UTC ]
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Tattered Cover Submits Bankruptcy Plans, Owes Nearly $4 Million to Creditors

On Tuesday, the ownership group that controls Denver's Tattered Cover bookstores filed the first part of its bankruptcy reorganization plans, citing some $3.1 million owed to unsecured creditors, including half a million dollars to its former CEO. A further $820,000 is owed to secured lenders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News

[ ABC News | 2024-01-11 22:47:05 UTC ]
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Create and sell an e-book for just $25 this January

If you’re looking for more ways to earn an income or diversify revenue streams, e-books are a great avenue. You don’t need to be an expert, either. With My AI eBook Creation Pro, you can create premium e-books in a matter of clicks without the writing or design expertise. Powered by... Continue reading at PC World

[ PC World | 2024-01-10 08:00:00 UTC ]
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At PRH, CEO Nihar Malaviya Sets Employee Priorities for 2024

Improving psychological safety, clarity around corporate strategy, and more attention on professional development are the three areas of focus Penguin Random House will prioritize over the two years, according to a memo from global CEO Nihar Malaviya. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
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Vignette Books Succeeds In Selling Surprise Vintage Titles

Vignette Books is new online bookstore based in Austin, Tex., cofounded by a former employee at Book People. It has attracted an audience willing to gamble on buying used and vintage books based solely on their categories, without knowing exactly which title will arrive. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-04 05:00:00 UTC ]
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After Outcry, Scholastic Lays the Groundwork for Its Spring Book Fairs

Books once included in Scholastic's optional Share Every Story, Celebrate Every Voice collection, along with additional books with inclusive content, will become part of regular book fair shipments next year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-04 05:00:00 UTC ]
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A Spider-Man comic that cost 12 cents in 1962 is now selling for nearly $60K in Moncton

A Moncton comic book shop is selling one of the most valuable issues of Spider-Man comics out there. The Comic Hunter in Moncton is looking for $60,000 for a copy of Amazing Fantasy #15. Continue reading at CBC

[ CBC | 2023-12-03 21:53:26 UTC ]
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What Not To Say to Bookstore Employees

Let's unpack the psyche behind the shelf. Here are a few things to avoid saying to bookstore employees — from a former bookseller. Continue reading at Book Riot

[ Book Riot | 2023-11-30 11:31:00 UTC ]
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Powell’s Books Employees Reject Proposed Contract

On November 9, following nine months of negotiations, Powell’s Books workers represented by ILWU Local #5 rejected a tentative contract with Powell’s management. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-15 05:00:00 UTC ]
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At Guadalajara Book Fair: Guest of Honor EU Plans a Professional Program

The Guest of Honor EU program at Guadalajara includes a three-day program for European, Latin American, and Caribbean professionals. The post At Guadalajara Book Fair: Guest of Honor EU Plans a Professional Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-09 21:45:06 UTC ]
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G/O Media Shutters Jezebel, Lays Off Staff and Editorial Director Merrill Brown

The digital publisher G/O Media has shuttered Jezebel, the feminist publisher, amid a broader sweep of layoffs across the G/O Media portfolio that will affect 23 staff in total, according to an internal memo shared by chief executive Jim Spanfeller. The cuts come just two days after the company... Continue reading at AdWeek

[ AdWeek | 2023-11-09 16:29:51 UTC ]
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The 16 Books Most Commonly Stolen from High School Libraries

The most commonly stolen books from high school libraries follow a pattern: they're usually mystery, poetry, or graphic novel titles. Continue reading at Book Riot

[ Book Riot | 2023-11-07 11:32:00 UTC ]
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Britney Spears’s Memoir Sells 1.1 Million in First Week

Britney Spears's memoir sold 1.1 million copies in its first week. Here are some other recent celebrity memoir sales numbers. Continue reading at Book Riot

[ Book Riot | 2023-11-02 14:55:52 UTC ]
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Britney Spears's 'The Woman in Me' Sells More Than 1 Million Copies

In its first week on sale in the U.S., the pop star's debut memoir sold a total of 1.1 million copies across pre-orders, sales of print books, e-books, and audiobooks formats, according to publisher Gallery Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-02 04:00:00 UTC ]
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Frankfurt: 2024 Guest of Honor Italy Presents Plans

At a press conference on Thursday, 2024 Guest of Honor Italy previewed its Frankfurt Book Fair plans featuring 120 authors and artists. The post Frankfurt: 2024 Guest of Honor Italy Presents Plans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-10-19 15:10:39 UTC ]
More news stories like this | News stories tagged with: #post frankfurt #press conference #frankfurt book fair