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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After Cutting Open-Market Programmatic, Bloomberg Media Sees Efficiency Gains, Revenue Losses

On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek

[ AdWeek | 2023-07-18 11:31:59 UTC ]
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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 ]
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Supreme Court Justice Sotomayor's staff prodded colleges and libraries to buy her books

For colleges and libraries seeking a big name for a guest lecturer, few come bigger than Sonia Sotomayor, the Supreme Court justice who rose from poverty in the Bronx to the nation’s highest court Continue reading at ABC News

[ ABC News | 2023-07-11 14:02:45 UTC ]
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BBC: Metropolitan police say ‘no investigation at this time’ into suspended presenter – latest updates

Force says detectives met with BBC to discuss allegations presenter paid teenager for sexual images Persephone Bridgman Baker, a partner at Carter-Ruck, has spoken on Sky News about the legal situation, reminding viewers why the name of the presenter has been kept from the public eye so far. She... Continue reading at The Guardian

[ The Guardian | 2023-07-10 14:37:56 UTC ]
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World Editions publishing has been bought out by a senior staff member.

Fans of the publisher World Editions, which has brought translations of work by Maryse Condé, Amin Maalouf, Pilar Quintana, Jaap Robben and Zhang Yueran to English-language audiences, has found a new owner—none other than the US director Christine Swedowsky. A rare fairy-tale finish! World... Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-30 13:57:16 UTC ]
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French newspaper staff strike after ‘far-right personality’ made editor

Public figures back strike at Le Journal du Dimanche to protest against appointment of Geoffroy LejeuneActors, novelists and leftwing politicians have joined support for major strike action at France’s flagship Sunday newspaper, Le Journal du Dimanche, to protest against the appointment, ahead... Continue reading at The Guardian

[ The Guardian | 2023-06-27 15:32:49 UTC ]
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Cannes Today—Twitter and Meta make pitches, Omnicom hooks up with Google AI and Grand Prix latest

Welcome to Day Two of Ad Age’s Cannes Today newsletter. Reading this online and want it delivered straight to your inbox? Sign up here.  For real-time updates, follow our live blog. And see all our coverage here. Plus, click here for a recap of Day One. Twitter is beachless but bullish and Meta... Continue reading at Advertising Age

[ Advertising Age | 2023-06-20 20:38:54 UTC ]
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How a round-the-clock team turned the Jan. 6 Report into recorded history in 26 hours

The Jan. 6 Report could be reprinted or recorded by any publisher. So when Macmillan Audio got the draft, the race unfolded with the precision of a heist film. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-13 13:00:31 UTC ]
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Los Angeles Times announces 74 job cuts due to economic challenges

The Los Angeles Times says it is cutting 74 jobs due to economic challenges as the newspaper strives to transform itself into a digital media organization Continue reading at ABC News

[ ABC News | 2023-06-07 20:06:25 UTC ]
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Abrams Lays Off Unspecified Number of Staffers

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[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
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10 New Manga Releases of June 2023 to Round Out Your Summer Reading List

The new manga releases out June 2023 include isekai, a slice-of-life romance, a new story from the creator of Chainsaw Man, and much more! Continue reading at Book Riot

[ Book Riot | 2023-06-06 10:31:00 UTC ]
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Vice and BuzzFeed were meant to be the future of news. What happened? | Jane Martinson

Their young audience made them the envy of the media’s old guard. But, ultimately, they couldn’t convert this into profitAfter Rupert Murdoch invested tens of millions of pounds in his digital publishing company in 2013, Shane Smith, boss of Vice Media, laughed at how much old media companies... Continue reading at The Guardian

[ The Guardian | 2023-05-20 07:00:50 UTC ]
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After layoffs and an AI scandal, CNET's staff is unionizing

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[ Engadget | 2023-05-16 16:13:18 UTC ]
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Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

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[ ABC News | 2023-05-15 11:47:06 UTC ]
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Vice files for bankruptcy protection amid cut-price sale to consortium

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[ The Guardian | 2023-05-15 09:23:50 UTC ]
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10 New Bookish Tote Bags for Your Latest Library or Bookstore Haul

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[ Book Riot | 2023-05-01 10:31:00 UTC ]
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Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

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[ The Guardian | 2023-04-29 06:00:28 UTC ]
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BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans | James Hennessy

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[ The Guardian | 2023-04-26 03:36:53 UTC ]
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Why Nielsen Isn’t Joining TV’s Latest Measurement Collaboration

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[ AdWeek | 2023-04-25 14:14:53 UTC ]
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Facebook Made BuzzFeed, Then Killed It

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[ Wired | 2023-04-24 11:00:00 UTC ]
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