Charles Womack III, president of Womack Newspapers, Inc. (WNI) announced today that the North Carolina-based alt-weekly publication, Creative Loafing Charlotte—which was acquired by WNI in 2014 from SouthComm Inc.—has been sold to his son C. Alex Womack IV, president of Womack Digital LLC, for an undisclosed amount. Along with the sale, the publisher said that the Oct. 31 issue of the print edition would be its last. The announcement, which was posted on the alt-weekly’s Twitter page, said that the decision to shutter print was due to the Alex Womack’s vision of taking the publication digital-first. “It’s time for the product to be innovated and taken to the next level,” said Charles Womack in a statement. “Alex has a lot of experience in the digital world and is very passionate about innovation and technology.” In response to the publishers’ statement, former editor-in-chief of Creative Loafing Charlotte Ryan Pitkin announced on Twitter that all of the publication’s staffers had also been let go, without severance, and another former staffer tweeted her outrage at the former owner and publisher. [embed]https://twitter.com/pitkin_ryan/status/1057681032001085441[/embed] Courtney Mihocik, most recently the associate editor of Creative Loafing, tells Folio: that the staff was given the deadline of noon on Wednesday to go to print, but within 10 minutes of doing so, their work emails had been closed. “We all thought this might be an emergency." Shortly after, Mihocik says... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-11-01 00:00:00 UTC ]
Media giant to create two companies, one of which will focus on broadcasting and digital content and the other on publishingGannett, the publisher of USA Today, is to take full ownership of the auto website Cars.com and spin off its publishing assets into a publicly traded company as it focuses... Continue reading at The Guardian
[ The Guardian | 2014-08-05 00:00:00 UTC ]
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The newer, flatter design puts Kindle, Fire, and Prime categories front and center.Amazon has unveiled a new homepage design to select users, placing a new emphasis on the retail giant's biggest brands: the Kindle ebook platform, its Fire lineup of tablets and smartphones, and the Prime... Continue reading at Fast Company
[ Fast Company | 2014-07-30 00:00:00 UTC ]
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You’d be forgiven for thinking Amazon CEO Jeff Bezos wants to compete with other phone makers with his company’s new Fire smartphone. But forget the multiple cameras and pretty 3-D-like effects, the device is really about selling more stuff.The Fire comes with close ties to Amazon’s online... Continue reading at PC World
[ PC World | 2014-06-19 00:00:00 UTC ]
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Spain's Pentian crowdfunding platform for books offers a new business model: paying 50% of profits from book sales to backers of the book and 40% to the author. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-09 00:00:00 UTC ]
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Fortune and Money magazines each rolled out their own websites Sunday, ending a long partnership with CNNMoney.com under which their digital content had been subsumed in the larger site.The collaboration is coming to an end because the magazines' and CNN's family is splitting up: Time Warner is... Continue reading at Advertising Age
[ Advertising Age | 2014-06-01 00:00:00 UTC ]
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Inkling, a multimedia publishing platform, has laid off about 25% of its workforce after refocusing its business model from consumer ebook sales to a business enterprise model. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
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Tinicum, a private equity firm with investments in media and e-commerce, has purchased a majority stake in F+W, A Content + eCommerce Company, an old media content company that has transformed itself into a digital content and retailing platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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Humble Bundle, the online venture that distributes bundles of digital content for a price decided by the consumer, is releasing its third bundle of ebooks, including a self-produced DRM-free audiobook of Cory Doctorow's novel "Homeland." Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-18 00:00:00 UTC ]
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How positioning your business model around your most engaged customers will reap beaucoup returns.As a long-time comic book artist, fan, and professional, I have experienced firsthand how comics collectors travelled long distances to meet up with others who shared these passions. In the 1990s,... Continue reading at Fast Company
[ Fast Company | 2014-03-11 00:00:00 UTC ]
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Christian Waters has been named director of marketing and new business development at Osprey Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-20 00:00:00 UTC ]
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Mark Coker of Smashwords, which recently inked a major content deal with Scribd, weighs in on how the all-you-can-read model changes the way we read, how authors make creative choices, and how everyone gets paid.Is a "Netflix for ebooks" nearing viability? Yesterday, Smashwords, the largest... Continue reading at Fast Company
[ Fast Company | 2013-12-20 00:00:00 UTC ]
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Its second bankruptcy now behind it, RDA Holding Co. is entering a new phase. CEO Robert Guth is putting his stamp on the company's flagship brand, Reader's Digest, with a redesign and changes to the business model. The new magazine—which went on sale last week—has updated its logo, invested $1... Continue reading at Folio Magazine
[ Folio Magazine | 2013-12-16 00:00:00 UTC ]
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The once-explosive growth of ebooks losing some steam, but tech companies like Amazon.com, Apple and Google are still the most influential players in the publishing industry today, said Christopher Kenneally, a panelist at the Miami Book Fair International. The director of business development... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2013-11-20 00:00:00 UTC ]
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BlackBerry has abandoned plans to sell itself and has instead found about $1 billion in new funds that it will use to try to turn its business around. The company is also planning far–reaching changes to management and will remove both its CEO Thorsten Heins and some directors. Heins is replaced... Continue reading at Fast Company
[ Fast Company | 2013-11-04 00:00:00 UTC ]
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Takeaway: Zucker-Scharff has built a ‘narrative map’ of CFO’s content to better match audience preferences with digital content. Continue reading at Folio Magazine
[ Folio Magazine | 2013-10-09 00:00:00 UTC ]
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• A nationally recognized and award-winning blogger. • Leads all of the company’s business development and public relations efforts. Continue reading at Folio Magazine
[ Folio Magazine | 2013-10-08 00:00:00 UTC ]
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Wiley CEO Stephen Smith says that over 50% of the company's revenue comes from digital content and services. Prior to his appearance in Frankfurt, Smith discusses the company's reinvention. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-09-30 00:00:00 UTC ]
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Lee Milstein, who had been heading up YouTube's efforts to link up with news organizations, has left to become chief strategy officer at OverDrive, a company that distributes digital books to libraries. Cleveland-based OverDrive, which handles the Kindle Lending Library program for Amazon, plans... Continue reading at AllThingsD
[ AllThingsD | 2013-09-18 00:00:00 UTC ]
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Malcolm Campbell has been hired as vice president of business development at The FADER. Previously he had worked for more than five years as publisher at Spin Media. Continue reading at Folio Magazine
[ Folio Magazine | 2013-08-08 00:00:00 UTC ]
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In its second major digital hire of late, Hearst Magazines has hired Todd Haskell from The New York Times as svp and chief digital revenue officer. Haskell will be responsible for driving sales and revenue for Hearst Magazines Digital Media’s 24 sites, including Cosmopolitan.com, Esquire.com... Continue reading at AdWeek
[ AdWeek | 2013-07-29 00:00:00 UTC ]
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