The City Council said it has found an additional $6 billion in newly identified city dollars to undo many of Mayor Eric Adams’ spending cuts and make new investments in affordable housing construction and education.Lawmakers on Monday released their official response to the mayor’s $109 billion budget proposal for the coming 2025 fiscal year, saying they will push to undo some of the $7 billion in spending cuts that the mayor has imposed since last year. The money comes from the $3 billion in greater tax revenues that the council projects through next year compared to the mayor’s office, as well as $2 billion in likely underspending on vacant positions and $550 million of in-year reserves.“We have consistently said that the budget cuts made by the administration were far too broad and have negative impacts on our constituents and the stability of our city,” said Council Speaker Adrienne Adams at a Monday press conference. Finance chair Justin Brannan added that lawmakers would fight to undo “all of the previously proposed cuts — and then some.”About $1 billion would be left over as surplus under the council plan. The document will serve as lawmakers’ guiding light as they begin budget talks with the Adams administration ahead of a June 30 deadline to pass a spending plan.The council’s priorities will include undoing the $58 million in cuts to the city’s public library system, which leaders say will end weekend service and delay renovations unless the money is restored in... Continue reading at 'Crains New York'
[ Crains New York | 2024-04-01 17:27:55 UTC ]
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Trade book revenues were nearly flat in 2023, according to the AAP. Digital audiobooks saw continued growth, outpacing ebook sales. The post AAP StatShot: In 2023, US Revenues Were $12.6 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-26 20:56:08 UTC ]
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LaGuardia Airport just won a customer satisfaction award. Yes, really.The much-maligned Queens airport that President Joe Biden notoriously compared to “some Third World country" in 2014 earned the 2023 Airport Service Quality Award (ASQ) for hubs serving 25 to 40 million passengers per year.The... Continue reading at Crains New York
[ Crains New York | 2024-03-14 19:49:00 UTC ]
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Libraries across the U.S. are struggling to cover the cost of e-books, which have grown in popularity Continue reading at ABC News
[ ABC News | 2024-03-12 14:54:40 UTC ]
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'We ask politicians on all sides to recognize the publishing industry’s economic value,' says the Publishers Association's Dan Conway. The post LBF: UK Publishing’s Impact Worth £11 Billion, New Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-12 03:55:23 UTC ]
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Rebecca Yarros's publisher, Entangled Publishing, has signed agreements with 12 self-published romance authors to acquire print rights to their bestselling e-books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-08 05:00:00 UTC ]
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Books to read in March include "James" by Percival Everett, "Wandering Stars" by Tommy Orange and "Age of Revolutions" by Fareed Zakaria. Continue reading at Los Angeles Times
[ Los Angeles Times | 2024-03-01 11:02:40 UTC ]
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As 'House of Flame and Shadow' hits number one in numerous markets around the world, publisher Bloomsbury predicts that total sales for the company will increase by 10% over last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-02-14 05:00:00 UTC ]
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Vroman’s is a community landmark in Pasadena, Calif. Now, its longtime owner says he’s ready to turn over the reins. Continue reading at The New York Times
[ The New York Times | 2024-02-08 14:22:44 UTC ]
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Job cuts add to costs for streaming service but it gains 10m premium subscribers in fourth quarterSpotify’s push beyond music has tipped the streaming service into the red again, after it acquired the rights to 200,000 audiobooks for premium subscribers, with Prince Harry’s autobiography and... Continue reading at The Guardian
[ The Guardian | 2024-02-06 15:45:35 UTC ]
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Expanding its scholarly journals from the 'New England Journal of Medicine' group, Wolters Kluwer adds an artificial intelligence journal. The post The Netherlands’ Wolters Kluwer Adds ‘NEJM AI’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-02-01 22:45:46 UTC ]
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OpenAI's new chatbot store opened on Jan. 10, but digital publishing companies haven’t been all that eager to dive in head first just yet due to their own limited resources and the lack of clear audience and revenue growth opportunities. Continue reading at Digiday
[ Digiday | 2024-01-26 05:01:00 UTC ]
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Bethanne Patrick recommends 10 new books to kick off 2024, including an alternate Mexican history, memoirs of wildfire seasons and open marriage and more. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-12-29 11:00:49 UTC ]
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Samsung has added a new medication tracking feature to its Health app and it's expected to launch in the US when the app updates later this week. Using the new feature, you can set up alerts to remind yourself when to take medications and get reminders for when to request refills from your... Continue reading at Engadget
[ Engadget | 2023-12-20 17:40:53 UTC ]
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In a highly anticipated appeal brief, officials at the Internet Archive argued that district court judge John G. Koeltl misunderstood the facts and misapplied the law in finding that the IA’s scanning and lending of print library books infringed publishers’ copyrights. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-18 05:00:00 UTC ]
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CEO Peter Warwick attributed lower than expected second quarter results to a “complex” school environment characterized by “growing polarization in U.S. society and politicized schools and school boards.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-15 05:00:00 UTC ]
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England's merged Cambridge University Press & and Assessment reports record revenues and numbers of users in 2022-2023. The post Year End: Cambridge University Press Reports Record £1 Billion in Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-12-12 20:15:01 UTC ]
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In a 31-page filing, Amazon claims the FTC ignores “the facially procompetitive” effects of the company's conduct, and urges a federal court to dismiss the case. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-11 05:00:00 UTC ]
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Bethanne Patrick recommends 10 new books to get you through the end of 2023, including dystopias, a quirky travelogue and an uncommonly exciting math primer. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-11-29 11:00:46 UTC ]
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Bethanne Patrick's November highlights include new fiction from Michael Cunningham, a wild alt-history from Ed Park and nonfiction on COVID, mental illness and AI. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-10-31 13:00:40 UTC ]
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United Kingdom regulators were effectively the last hurdle stopping Microsoft from purchasing Activision Blizzard, in the biggest merger the video game industry has ever seen. That hurdle was cleared this morning as the UK’s Competition and Markets Authority relented to adjusted terms.... Continue reading at PC World
[ PC World | 2023-10-13 14:10:14 UTC ]
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