Commercial printer Cadmus Communications is shuttering its Richmond, Va. printing plant and will lay off up to 184 employees by May 31, according to a WARN Act notice filed by parent company Cenveo Corp. this week. "The COVID-19 pandemic has adversely impacted our customers’ businesses and, in turn, has diminished the available work at the facility," the notice reads. "One large customer has ceased all work permanently, several publishers have cancelled or delayed their print projects, and nearly all comic production has ceased." "Most" of the 184 employees at the plant are expected to be permanently laid off by May 31, the notice said. Long operated by Cadmus Communications, which grew to become one of the largest publication printers in North America by the time it was acquired by Cenveo for $430 million in 2006, the Richmond plant specialized in printing comic books, journals, books and magazines, including Richmond Family, Virginia Living, and Virginia Business, which first reported the news of the closure on Wednesday. Publication printers across the country are suffering from declining revenues, a trend that's only been accelerated as publishers reduce frequencies or suspend print production during the COVID-19 pandemic. LSC Communications, which filed for Chapter 11 bankruptcy in April after revenues fell 17% year-over-year in 2019, indicated three days later that it was temporarily closing its Baraboo, Wisc. facility amid a "sudden and unexpected" decrease in... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-07 19:05:44 UTC ]
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Commercial printer Cadmus Communications is shuttering its Richmond, Va. printing plant and will lay off up to 184 employees by May 31, according to a WARN Act notice filed by parent company Cenveo Corp. this week. "The COVID-19 pandemic has adversely impacted our customers’ businesses and, in... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-07 19:05:44 UTC ]
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With magazine publishers bracing for a likely downturn in single-copy sales as the COVID-19 pandemic forces the closures of newsstands and retail outlets across the country, providers of digital-replica editions are sensing an opportunity to onboard new clients. "We’re actually seeing a huge... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-06 15:15:47 UTC ]
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Moving its dates for a third time this year, the Shanghai Children's Book Fair is changing venue in an effort to host the event in December. The post Shanghai’s Children’s Book Fair Changes Venue Amid COVID Constraints appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-11-09 18:16:05 UTC ]
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The authors’ uneven investigation could overshadow their warning about lab safety. Continue reading at The Washington Post
[ The Washington Post | 2021-11-14 13:00:00 UTC ]
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Total publishing income hit record levels in 2020, rising 2% to £6.4bn, buoyed by a digital surge that helped offset a 6% decline in print sales, a report by the Publishers Association shows. Continue reading at The Bookseller
[ The Bookseller | 2021-04-26 10:50:38 UTC ]
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Interviews Michael Berry is a professor of Asian languages and cultures and director of the Center for Chinese Studies at UCLA. He has published extensive works on addressing the richness and diversity of Chinese art and culture in sinophone... Continue reading at World Literature Today
[ World Literature Today | 2021-02-24 15:28:04 UTC ]
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Call for inquiry into academic publishers as locked-down students unable to access study material onlineCoronavirus – latest updatesSee all our coronavirus coverageLibrarians at UK universities say students’ reading lists for this term are being torn up because of publishers’ “eye-watering”... Continue reading at The Guardian
[ The Guardian | 2021-01-29 12:00:00 UTC ]
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Demand an explanation for why Chicago Public Libraries are open to in-person services while COVID positivity rates soar above 15%. Continue reading at Book Riot
[ Book Riot | 2020-11-27 15:17:51 UTC ]
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In a deal that closed on October 31, Bertelsmann Printing Group USA’s Berryville Graphics division acquired Quad’s book printing plants in Fairfield, Pa., and Martinsburg, W.Va. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-03 05:00:00 UTC ]
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The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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Val McDermid, Brad Parks and Ann Cleeves have new novels to distract readers from reality. Continue reading at The Washington Post
[ The Washington Post | 2020-10-05 12:00:00 UTC ]
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The biggest airport in Canada is eliminating 500 jobs because of the dramatic reduction in demand for air travel due to COVID-19. Continue reading at CBC
[ CBC | 2020-07-14 14:02:27 UTC ]
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Print sales for the UK’s biggest national newspapers slumped by as much as 39% last month, as the coronavirus lockdown Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-05-22 22:41:14 UTC ]
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Some titles fall up to 39% as publishers grapple with selling copies with shops shut and transport hubs closedCoronavirus – latest updatesSee all our coronavirus coveragePrint sales for the UK’s biggest national newspapers slumped by as much as 39% last month, as the coronavirus lockdown shut... Continue reading at The Guardian
[ The Guardian | 2020-05-21 13:50:38 UTC ]
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Most consumer magazine publishers may be forecasting declines in print advertising revenue during the second quarter as a result of the COVID-19 pandemic, but Danny Seo isn't one of them. The editor-in-chief and publisher of the eponymous Naturally, Danny Seo—a quarterly, clean living-focused... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-12 17:49:02 UTC ]
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The Christian Retail Association surveyed over 220 independent Christian bookstores to see how the Covid-19 pandemic has impacted them, offering an idea of the number of store closures, furloughs, layoffs, and ways retailers are coping. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-11 04:00:00 UTC ]
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Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller
[ The Bookseller | 2020-04-23 16:58:47 UTC ]
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Physical books sales in the United States are holding up in the wake of the coronavirus pandemic, with NPD BookScan reporting that 166.9 million units had been sold in 2020 through the week ending 11th April, just a 1.3% decline on the same period in 2019. Continue reading at The Bookseller
[ The Bookseller | 2020-04-20 18:30:17 UTC ]
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Two West Coast booksellers have found success with custom care packages during Covid-19 closures, shipping books, gifts, and cards to customers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Paraclete Press announced that it is delaying the publication of two titles originally slated for release May and early June due to the new coronavirus outbreak and “a mostly disrupted book market at every level,” the publisher said. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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