BuzzFeed to lay off 200 staff in latest round of cuts

Online publisher announces job losses to shore up finances as Verizon unveils plan to sack 800 workersBuzzFeed has announced plans to lay off hundreds of staff, as digital media firms struggle to turn a profit while dealing with the same financial issues that have plagued traditional publishers for years.Jonah Peretti, BuzzFeed’s founder, said about 200 staff would be leaving, while in a separate announcement Verizon Media Group – the owner of HuffPost, Yahoo, and AOL – said it would sack about 800 employees. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-01-24 00:00:00 UTC ]
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Upper West Side shop latest indy bookstore to shutter

After 35 years at West 80th Street and Broadway, Westsider Rare & Used Books is closing next month because of slowing sales. []  "> To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-01-15 00:00:00 UTC ]
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After Stephen King Tweeted at a Maine Paper for Cutting Book Reviews, It Gave Readers a ‘Scary Good’ Offer

The Portland Press Herald in Maine said it would bring back its local book reviews if the author and his followers brought in 100 new subscriptions. They brought in twice that. Continue reading at The New York Times

[ The New York Times | 2019-01-14 00:00:00 UTC ]
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PW Staff Picks: The Best Books We Read in 2018

Though we've named our best books of 2017, we all have our personal favorites, and not all of them are from 2017. These are the best books we read this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-26 00:00:00 UTC ]
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Jim McKelvey’s latest venture raises $20 million

Based in Clayton, Invisibly is seeking to help publishers monetize digital content they put on the internet. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-12-21 00:00:00 UTC ]
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S&S president hails 'magnificent year' in staff briefing

Simon & Schuster president and c.e.o. Carolyn Reidy has discussed the “phenomenal” sales of Bob Woodward’s Fear, the fastest selling audiobook in the publisher’s history, whilst acknowledging the booming backlist sales and the UK big-hitters in a staff newsletter heralding a "magnificent" year.  Continue reading at The Bookseller

[ The Bookseller | 2018-12-19 00:00:00 UTC ]
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Slate's editorial staff goes on strike as tensions at digital publisher escalate

Writers and editors at Slate have voted nearly unanimously to green-light a strike, escalating tensions between the digital publication and its newly unionized employees.Slate's editorial employees authorized the potential strike by a vote of 52 to 1, according to a spokesman for the Writers... Continue reading at Advertising Age

[ Advertising Age | 2018-12-12 00:00:00 UTC ]
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Industry Notes: Bologna Round Table in New York; New ‘Handmaid’ Images in Milan

The Bologna Children's Book Fair's 50th year illustration exhibition has a session in New York this week, and Milan illustrators Anna and Elena Balbusso produce new 'Handmaid's Tale' artwork ahead of Margaret Atwood's sequel. The post Industry Notes: Bologna Round Table in New York; New... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-12-11 00:00:00 UTC ]
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Canongate scoops Lewis Hyde's latest 'unforgettable' novel

Canongate has won the rights to the latest novel from The Gift author Lewis Hyde - A Primer for Forgetting.  Continue reading at The Bookseller

[ The Bookseller | 2018-12-11 00:00:00 UTC ]
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Monitor staff picks the best 2018 nonfiction titles

Rick Bragg's 'The Best Cook in the World' and 'Enlightenment Now' by Steven Pinker were two of our favorites for this year.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2018-12-08 00:00:00 UTC ]
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Latest CIPFA stats reveal yet more library closures and book loan falls

A familiar picture of declining spending on UK public libraries, with yet more library closures and staff cuts, and continuing drops in library visits and book loan numbers, has been revealed in the latest library statistics compiled by CIPFA. Continue reading at The Bookseller

[ The Bookseller | 2018-12-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #staff cuts #library closures


Sheryl Sandberg asked Facebook staff to investigate George Soros' finances

Sheryl Sandberg, the chief operating officer of Facebook Inc., told employees to investigate the financial interests of billionaire George Soros in response to his January criticism of the social media giant. Sandberg wanted to know if Soros had a financial incentive to criticize Facebook, the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-01 00:00:00 UTC ]
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Sheryl Sandberg asked Facebook staff to 'look into' Soros investments

It has been about two weeks since the New York Times published an exposé on Facebook's response to bad press and protests against it over the last couple of years. Since then, an outgoing exec took responsibility for hiring a PR firm, Definers... Continue reading at Engadget

[ Engadget | 2018-11-30 00:00:00 UTC ]
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Amazon is now taking a 30 percent cut of ad sales from Fire TV

Amazon is taking a bigger piece of ad sales on Fire TV, its connected TV devices, by requiring TV networks and digital publishers to hand over 30 percent of their commercial space for it to sell, according to new terms from the e-commerce giant.Until last month, Amazon let the publishers sell... Continue reading at Advertising Age

[ Advertising Age | 2018-11-20 00:00:00 UTC ]
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B&N Cuts Q2 Losses as Comp Sales Improve

Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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Seventeen Magazine Cutting Publication Schedule to ‘Special’ Issues Only

Seventeen magazine says they will only print special issues next year, timed around news events and "key moments" for readers as Hearst prioritizes growing its brands digitally. "Seventeen is leading an authentic conversation with a growing audience, from social issues to important life advice,... Continue reading at AdWeek

[ AdWeek | 2018-11-16 00:00:00 UTC ]
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Sharjah Grows As Deals Are Cut at Pre-Fair Publishing Conference

The 37th Sharjah International Book Fair brought nearly 380 publishers and agents to UNESCO's Cultural Capital of the Arab World for a rights-oriented pre-fair publishing conference as issues plaguing freedom to publish worldwide hung over panel discussions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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Chancellor confirms cut to business rates, schedules 'Amazon tax' for 2020

The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons... Continue reading at The Bookseller

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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Amazon opens Manchester office, recruits 1,000 staff

Amazon is opening a new 90,000 sq ft corporate office in Manchester next year, for 600 fresh employees, along with boosting its development centres in Edinburgh and Cambridge. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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PRH plans staff sale of 'Becoming' to empower the Advocacy Academy

Viking will be selling copies of Michelle Obama’s upcoming autobiography, Becoming, to PRH UK staff for £5-apiece on publication day to raise money for the Advocacy Academy. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Walliams visits the Arctic in latest fiction adventure

David Walliams’ November releases will be a novel about about an ice monster in Victorian times and a picture book about a baby penguin who wants to fly, HarperCollins Children’s Books has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-10-17 00:00:00 UTC ]
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