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 ]
News tagged with: #latest round #announced plans #jonah peretti

Other news stories related to: "BuzzFeed to lay off 200 staff in latest round of cuts"


The New York Times is cutting its online price, but there’s a catch

The $12.99/month package bundles online access to the Times with nearly unlimited ebooks, audiobooks, and other material from Scribd. With 3.8 million subscribers–2.9 million paying just for digital access–The New York Times has been one of the early success stories for paywalls, which partly or... Continue reading at Fast Company

[ Fast Company | 2018-10-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #unlimited ebooks


Biteback buys Bernie Sanders' latest call to arms

Biteback Publishing has acquired the UK and Commonwealth rights to Where We Go from Here: Two Years in the Resistance, the upcoming title by US politician Bernie Sanders. Continue reading at The Bookseller

[ The Bookseller | 2018-10-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #upcoming title #biteback publishing


Latest R&J Book Club line-up features Hanks, Navin, Vaughan

Tom Hanks features as one of five debut authors in the latest WH Smith Richard and Judy Book Club line-up, launched as part of an enhanced campaign that sees an extra selection each year. Continue reading at The Bookseller

[ The Bookseller | 2018-10-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #debut authors


BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’

Once dependent on Facebook, the publisher is broadening the ways it distributes its news and makes money. The post BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #makes money #ben smith #buzzfeed news


Neurosurgeon Henry Marsh moves to Jonathan Cape for latest title

Jonathan Cape has acquired a third book from writer and neurosurgeon Henry Marsh, author of the hugely successful Do No Harm: Stories of Life, Death and Brain Surgery (2014) and its follow-up Admissions: A Life in Brain Surgery (2017), both published with Weidenfeld & Nicholson. Continue reading at The Bookseller

[ The Bookseller | 2018-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #latest title #jonathan cape


Lightning Books acquires latest from bestselling NZ writer

Eye Books imprint Lightning Books has acquired The Beat of the Pendulum by New Zealand author Catherine Chidgey. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
More news stories like this |


Quarto confirms four UK job cuts

Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #recent round


Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #trading performance #quarto reports


Bibliotech raises $4m, will double London staff

E-textbook platform Bibliotech has raised $4.2m in its latest funding round and plans to double the size of its 15-strong software and sales team in London over the next two years. Continue reading at The Bookseller

[ The Bookseller | 2018-09-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sales team


Russian State Libraries’ Consolidation Program Moves Forward Amid Staff Shakeups

More than two years into its controversial plan for library system consolidations, staff leadership shakeups at Russia's leading state libraries are part of a plan to eventually streamline and digitally network libraries across the country. The post Russian State Libraries’ Consolidation Program... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-09-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #controversial plan


Ikea’s latest collection is an ode to the best parts of childhood

Look away, helicopter parents. A giant monster hand. A loom. A 32-foot-long coloring book tapestry. A paint roller. You read that right, parents. A. Paint. Roller. This is the Ikea Lustigt collection, the company’s latest limited edition collection developed in conjunction with the design... Continue reading at Fast Company

[ Fast Company | 2018-09-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #latest collection #helicopter parents


Pan Mac teams up with The Pool and Pigeonhole for Morton's latest

Pan Macmillan has teamed up with The Pool and digital book club The Pigeonhole to offer readers of Kate Morton’s sixth novel a shared reading experience, culminating in a live event. Continue reading at The Bookseller

[ The Bookseller | 2018-09-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #live event #offer readers #pan macmillan #kate morton


Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff

'Underlying operating revenue and profit numbers for Penguin Random House in US dollars have been stable year-over-year,' Markus Dohle tells PRH staff, following the half-year report from Bertelsmann. The post Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bertelsmann reports #post germany


Amazon staff employed to defend company on Twitter

A group of Amazon employees in the US is being paid to promote the company on Twitter. Continue reading at The Bookseller

[ The Bookseller | 2018-08-29 00:00:00 UTC ]
More news stories like this |


BuzzFeed News quietly tests a membership program

The news publisher is testing a membership program that will let readers contribute $5 to $100 to support its journalism. The post BuzzFeed News quietly tests a membership program appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-08-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #news publisher #membership program


Tuesday Wake-Up Call: BuzzFeed News asks for donations, and the NFL hires a new chief marketer

Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: BuzzFeed, the for-profit, venture... Continue reading at Advertising Age

[ Advertising Age | 2018-08-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #news outlets #harvard university #news organization #journal notes #banner ad


Video: On BuzzFeed’s ‘Solid Bounce-Back Year’ and Its Plans for the Future

Adweek recently caught up with BuzzFeed CEO Jonah Peretti and chief revenue officer Lee Brown about the state of the digital publisher, the challenges of a changing industry and where they see the company in the years ahead. We also chatted with them about the evolution of Tasty in the three... Continue reading at AdWeek

[ AdWeek | 2018-08-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #changing industry #digital publisher #years ahead


Latest Omarosa Recording Proves Trump Campaign Duo Lied About “N-Word Tape” Conversation

Continuing her book tour, Omarosa Manigault Newman released an audio recording on Tuesday of former Trump campaign aides discussing the possible existence of a Trump “N-word tape” and how the campaign would respond if it were released. The recording itself did not shed any light on whether the... Continue reading at Slate

[ Slate | 2018-08-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #manigault newman #book tour #audio recording


SourceMedia Lays Off 14, Including Execs

At least 14 employees have been laid off at SourceMedia, the b2b publisher serving the financial, technology, and healthcare sectors, according to an internal memo obtained by Folio:. The cuts—which appear to range from the senior level down to middle management—arrive about four months after... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #trim costs #recently served #source familiar


Tronc chief executive Justin Dearborn cuts the price again on Florida home

Justin Dearborn, chief executive officer of publishing company Tronc Inc., has lowered the price on his Naples, Fla., home to $409,900, down from $419,000. That’s the fourth price-chop the one-story house has received this year. Hmm … can you say motivated seller? Built in 2004, the home opens... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #one-story house #justin dearborn