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

Other Publishing stories related to: 'BuzzFeed plans to lay off 16% of employees after selling Complex'


This Week's Bestsellers: October 16, 2023

'Icebreaker' author Hannah Grace has the #1 book in the country and it's selling like 'Wildfire.' Plus Alix E. Harrow's 'Starling House' is the October Reese's Book Club pick, and Le Bernadin owner and chef Eric Ripert makes 'Seafood Simple.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club


Book Deals: Week of October 16, 2023

George Stephanopoulos sells a history of the White House Situation Room to Grand Central, Random House buys a memoir from Salman Rushdie, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #grand central #salman rushdie #memoir #random house


DK Restructures, Plans To Expand Adult Publishing

The London-based global publisher has created four operating divisions, with CEO Paul Kelly seeking to find a managing director to head the new adult publishing group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-10 04:00:00 UTC ]
More news stories like this |


16 New Books by Indigenous Authors You Should Be Reading

Encompassing a wide range of genres from historical fiction to fantasy to poetry to investigative journalism to memoir, this exciting abundance of books published in 2023 by emerging and acclaimed Native writers speak to the rich diversity of the Indigenous experience. From meditations on the... Continue reading at Electric Literature

[ Electric Literature | 2023-10-09 11:00:00 UTC ]
More news stories like this | News stories tagged with: #reading appeared #indigenous authors #wide range #investigative journalism #lasting impact #climate change #electric literature #historical fiction


Lego employees share 10 secrets for finding boundless creativity

Tips for feeling motivated, embracing bad ideas, getting over creative blocks, and more. Some conference room tables boast bowls of candy or a gaggle of diminutive bottles of water. Others, painfully benign centerpieces, like a vase filled with colored glass beads. But when the Chronicle Books... Continue reading at Fast Company

[ Fast Company | 2023-10-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #books publishing


Hardie Grant Sells U.K. Division to PRH UK

Penguin Random House UK has acquired Australia-based publisher Hardie Grant Publishing’s U.K. publishing business, which is comprised of Hardie Grant UK and Quadrille. The sale will have no direct impact on Hardie Grant North America's business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business #prh uk #direct impact #penguin random house


Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
More news stories like this | News stories tagged with: #in-app purchases #paying subscribers #music service #audiobook listening #audiobook


VideoAmp laying off 10% of workforce in the latest measurement shakeup

The move follows Nielsen laying off 9% of its own staff and comes a day after VideoAmp announced a $150 million funding round. Continue reading at Advertising Age

[ Advertising Age | 2023-09-14 20:19:52 UTC ]
More news stories like this | News stories tagged with: #nielsen


WaterBrook’s Wingfeather Saga Sells 1 Million Copies ‘On Its Own Terms’

Wingfeather, Andrew Peterson’s middle grade fantasy series from Christian publisher WaterBrook, follows three siblings as they encounter good versus evil, in a story ‘that doesn’t cheapen the reality that the world can be a scary place,’ the author says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
More news stories like this |


PRH Updates Hybrid Work Policy, Plans to Shrink Headquarters

Penguin Random House will "encourage employees to go to the office more frequently" without mandating company-wide in-person attendance. The publisher will also "change" its current office space and "reduce our footprint at 1745 Broadway" beginning this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin random house


How Does a Best-Selling Author Name Her Characters?

Lisa Jewell puts a great deal of thought into the monikers she chooses for the people who populate her books. Here are her rules of thumb. Continue reading at The New York Times

[ The New York Times | 2023-09-07 09:02:29 UTC ]
More news stories like this | News stories tagged with: #great deal #best-selling author


Greystone and Postmedia Plan 'Instant Book' on Wildfire Season

Canadian indie publisher Greystone and news media organization Postmedia aim to have 'The Summer Canada Burned' on shelves for November. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #indie publisher


'Amazing Grace' Soothes Souls, Sells Books

The 251-year-old hymn of God's transforming love—a church staple and a music chart-topper—also resonates with writers today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sells books


Much-hyped biography of Tucker Carlson struggles to sell

Tucker by Chadwick Moore sells just 3,227 copies in first week after publication on 1 August, Publishers Weekly figures revealA much-hyped biography of the former Fox News host Tucker Carlson has struggled to find favour with readers, a leading US publishing authority said, listing just over... Continue reading at The Guardian

[ The Guardian | 2023-08-15 16:05:23 UTC ]
More news stories like this | News stories tagged with: #publishers weekly


Paramount Global sells Simon & Schuster to private equity firm KKR. Here’s what to know

The sale comes after Paramount failed to sell the book publishing giant to Penguin Random House. Iconic American publishing company Simon & Schuster has a new owner. On Monday, the publisher was acquired by private equity firm KKR in a $1.62 billion deal. Here’s what you need to know.Read... Continue reading at Fast Company

[ Fast Company | 2023-08-08 08:50:00 UTC ]
More news stories like this | News stories tagged with: #american publishing #book publishing


Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm

The deal, for $1.62 billion, will put control of a cultural touchstone in the hands of a financial buyer. Continue reading at The New York Times

[ The New York Times | 2023-08-07 23:51:30 UTC ]
More news stories like this |


Equity Firm Eyeing Simon & Schuster to Sell RBmedia for $1 Billion

In what is likely a record price for an audiobook publisher, KKR, the private equity firm that owns RBmedia—and a rumored contender to buy S&S—is selling the company for an alleged $1 billion sum. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #$1 billion #record price #audiobook publisher #audiobook


Barnes & Noble reopening, new stores planned at The Avenue at White Marsh

Barnes & Noble will reopen its bookstore at The Avenue at White Marsh in a redesigned format on July 26, the bookseller announced Wednesday. It's one of several changes and new stores planned for the center. Continue reading at Baltimore Sun

[ Baltimore Sun | 2023-07-19 17:11:00 UTC ]
More news stories like this | News stories tagged with: #stores planned #barnes noble #bookseller #bookstore


IPG Lays Off Nine, Including Key Editors at Chicago Review Press

IPG CEO Joe Matthews told PW the company remains committed to its 50-year-old publishing programs but that "the current market" required adjustments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing programs #current market


TikTok Sells A Lot of Books. Now, Its Owner Wants to Publish Them, Too.

As ByteDance launches a publishing company, many in the book world wonder if it will create an uneven playing field by boosting its own authors at the expense of others. Continue reading at The New York Times

[ The New York Times | 2023-07-01 09:00:50 UTC ]
More news stories like this | News stories tagged with: #book world