Callisto Media, Promising to 'Act Swiftly and Decisively,' Lays Off 35% of Workforce

Last week, Callisto Media fired about 140 employees in an effort to reduce spending by about $20 million. As a result of the job cuts, title output has been reduced significantly. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-07-21 04:00:00 UTC ]

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9 Eye-Opening Digital Marketing Stats From the Past Week

It was an unusually interesting week in digital marketing stats, with some numbers proving to be surprising and others mind-boggling. The following nine data points particularly got our attention. 1. Talk about a ridiculous YouTube win Emirates, the airline from United Arab Emirates, was... Continue reading at AdWeek

[ AdWeek | 2016-10-21 00:00:00 UTC ]
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Scotsman staff threaten strike action over job cuts

More than 30 jobs set to be axed across parent company Johnston Press’s Scottish operationStaff at the Scotsman are gearing up for strike action as more than 30 jobs look set to go across parent company Johnston Press’s Scottish operation.The regional newspaper publisher is seeking to cut about... Continue reading at The Guardian

[ The Guardian | 2016-02-04 00:00:00 UTC ]
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Chris Hughes Puts The New Republic Up for Sale

Chris Hughes' ownership of The New Republic looks like it will come to an end.The Facebook co-founder, in a staff memo later published on Medium, announced that he is seeking a new owner for the magazine, which he acquired in 2012."After investing a great deal of time, energy, and over $20... Continue reading at Advertising Age

[ Advertising Age | 2016-01-11 00:00:00 UTC ]
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Religion Scholars, Academic Publishers Meet in Atlanta

Attended by over 10,000 people, the joint annual summit revealed an increase in title output at academic religion publishing houses as well as the launch of several new lines. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-25 00:00:00 UTC ]
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APA Survey: Audiobook Sales, Production Still Growing

The results of the latest annual sales survey from the Audiobook Publishers Association are in, and they show big jumps in both sales and title output in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-07 00:00:00 UTC ]
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Report: Tim Duncan claims he lost $20 million to financial advisor

Tim Duncan claims he lost more than $20 million to a dishonest financial advisor, according to a report in Bloomberg Business. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-06-18 00:00:00 UTC ]
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New York Times Buyout Requests Don't Meet Paper's Goal

At least 85 New York Times employees applied for voluntary buyouts by yesterday's deadline, falling short of the number the newspaper publisher said was needed to avoid firings, according to a union representative.Grant Glickson, the chairman of the New York Times unit of the Newspaper Guild of... Continue reading at Advertising Age

[ Advertising Age | 2014-12-02 00:00:00 UTC ]
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Apple's $450 million ebooks settlement gets final approval

A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400... Continue reading at PC World

[ PC World | 2014-11-22 00:00:00 UTC ]
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Layoffs, Reshuffling Begin at Conde Nast

Conde Nast began laying off employees of its corporate sales division this week, according to people with knowledge of the matter. The job cuts could number in the 70s, they said, confirming a Wall Street Journal report from earlier this week.A spokesman for Conde Nast declined to comment.The... Continue reading at Advertising Age

[ Advertising Age | 2014-10-17 00:00:00 UTC ]
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Conde Nast Traveler Said to Cut Half of Editorial Staff

Conde Nast Traveler, the glossy travel magazine from Conde Nast, has eliminated about 14 editorial positions, more than half its staff, according to two people with direct knowledge of the matter.The job cuts include five editors, the entire photo desk and the the graphics department, according... Continue reading at Advertising Age

[ Advertising Age | 2013-09-26 00:00:00 UTC ]
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Second Quarter Earnings Jump at S&S

Second quarter sales at Simon & Schuster held even at $189 million in the period ended June 30, 2013, while operating income jumped to $20 million from $7 million in last year’s second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-31 00:00:00 UTC ]
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Eason job cuts talks continue

Talks between Eason and Irish workers union Siptu on job cuts will reconvene on Friday (25th... Continue reading at The Bookseller

[ The Bookseller | 2011-11-24 00:00:00 UTC ]
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Up to 150 jobs on the line at Eason

Written By: Lisa Campbell Publication Date: Mon, 14/11/2011 - 08:25 The long wait for news about job cuts at Eason's should be over by the end of this month following weeks of negotiation, it has been revealed. More than 145 full-time positions at the Irish chain are currently under threat.... Continue reading at The Bookseller

[ The Bookseller | 2011-11-14 00:00:00 UTC ]
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Future sets aside £4.9m for job cuts and unused property

Magazine publisher Future expects to pay out up to £4.9m to cover redundancies and unused property, according to a trading update released today. Continue reading at Media Week

[ Media Week | 2011-09-28 00:00:00 UTC ]
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More job cuts, closures in store for REDgroup

Administrators for Borders and Angus & Robertson have announced new lay-offs and warned that more bookshops could close. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-03-17 00:00:00 UTC ]
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