Future of digital journalism in question as Buzzfeed and HuffPost lay off 1,000

Job losses follow sales or cuts at Mic, Refinery29 and elsewhere, but publishing as a whole had already shrunk sharplyRevenue-per-click, the business strategy that has informed digital publishers for years, was effectively pronounced DOA this week as leading players in a sector once viewed as the future of journalism announced deep cuts.In a letter to employees headlined “Difficult Changes”, the BuzzFeed founder and chief executive Jonah Peretti said the company would reduce headcount by 15%, or around 250 jobs, to around 1,100 employees globally. Related: BuzzFeed to lay off 200 staff in latest round of cuts Related: As HuffPost and BuzzFeed shed staff, has the digital content bubble burst? Related: Newseum: journalism museum sells Washington home to balance losses Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-01-27 00:00:00 UTC ]
News tagged with: #digital journalism #business strategy #leading players #latest round

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German publisher halts sale of top author’s books after leak reveals he received €600,000 from Putin ally

Broadcaster NDR launches investigation after Hubert Seipel admits receiving support for work on two books on Russian leaderA German publisher has announced a stop to the sale of books authored by a leading journalist and Russia expert after an investigation showed he had received at least... Continue reading at The Guardian

[ The Guardian | 2023-11-15 14:31:23 UTC ]
More news stories like this | News stories tagged with: #vladimir putin #russian leader #german publisher


‘It is a beast that needs to be tamed’: leading novelists on how AI could rewrite the future

Novelists and poets, Bernardine Evaristo, Jeanette Winterson, Stephen Marche and others, consider the threats and thrilling possibilities of artificial intelligenceChatGPT seems to have blindsided us all. In less than a year it has proved that it can make writers redundant, which is one of the... Continue reading at The Guardian

[ The Guardian | 2023-11-11 09:00:30 UTC ]
More news stories like this | News stories tagged with: #bernardine evaristo #jeanette winterson #stephen marche #writers guild #jodi picoult #creative writing #novelists


G/O Media Shutters Jezebel, Lays Off Staff and Editorial Director Merrill Brown

The digital publisher G/O Media has shuttered Jezebel, the feminist publisher, amid a broader sweep of layoffs across the G/O Media portfolio that will affect 23 staff in total, according to an internal memo shared by chief executive Jim Spanfeller. The cuts come just two days after the company... Continue reading at AdWeek

[ AdWeek | 2023-11-09 16:29:51 UTC ]
More news stories like this | News stories tagged with: #feminist publisher #digital publisher


The #35,000 Aspen Words Literary Prize Names Its 2024 Longlist

The Aspen Words Literary Prize in issue-driven fiction lists its seventh season's longlist, with a winner announcement in April. The post The #35,000 Aspen Words Literary Prize Names Its 2024 Longlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-08 22:42:17 UTC ]
More news stories like this | News stories tagged with: #seventh season #winner announcement #literary prize


The 'Wall Street Journal' Drops Its Bestseller Lists

With this past weekend's edition, the 'Journal' has ended running weekly bestseller lists. The paper had carried a total of seven lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-07 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bestseller lists #past weekend


S&S Results Drop in Q3, But Jon Karp Is Revved Up About the Future

After a long run of record financial results, sales at Simon & Schuster fell 13%, and operating income dropped 35.5%, in the third quarter ended September 30, 2023. Nonetheless, CEO Jonathan Karp is excited about prospects for both the holiday season and life after Paramount Global. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #long run #holiday season #paramount global


Britney Spears's 'The Woman in Me' Sells More Than 1 Million Copies

In its first week on sale in the U.S., the pop star's debut memoir sold a total of 1.1 million copies across pre-orders, sales of print books, e-books, and audiobooks formats, according to publisher Gallery Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #britney spears #pop star #print books #memoir


Here’s the winner of the £25,000 British Academy Book Prize.

Today in London, the British Academy announced the winner of the 11th British Academy Book Prize for Global Cultural Understanding: Courting India: England, Mughal India and the Origins of Empire by Nandini Das. “Nandini Das has written the true origin story of Britain and India,” said Professor... Continue reading at Literrary Hub

[ Literrary Hub | 2023-10-31 19:20:23 UTC ]
More news stories like this | News stories tagged with: #book prize


Frankfurt: Public Turnout Drives Totals to 215,000 Visitors

With a press corps of more than 7,000 journalists, the 75th Frankfurter Buchmesse adds a 30-percent boost in public attendance. The post Frankfurt: Public Turnout Drives Totals to 215,000 Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-10-23 01:57:06 UTC ]
More news stories like this | News stories tagged with: #post frankfurt #frankfurter buchmesse


A new $25,000 book prize will recognize the best new literature about the arts.

Attention all writers who write about writing (or painting, or dancing, or music…): the Interlochen Center for the Arts and The Pattis Family Foundation have established a new annual award that seeks to recognize “outstanding works of fiction or nonfiction” that “inspire, illuminate, or... Continue reading at Literrary Hub

[ Literrary Hub | 2023-10-19 16:06:19 UTC ]
More news stories like this | News stories tagged with: #creative writing #annual award #creative process #book prize


PW Close-Up: Three Questions for Robin Stevenson

In 'Queer History A to Z: 100 Years of LGBTQ+ Activism' (Kids Can Press, May 2024), Robin Stevenson explores the people, events, and circumstances that helped shape the rich history of LGBTQ+ activism in North America. Stevenson, a Stonewall Book Award recipient, spoke to PW about making queer... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #pw close- #lgbtq+ activism #helped shape #rich history #young readers #lgbtq+ literature #book award


Music, history and courageous journalism: Baillie Gifford prize shortlist announced

Judges praise the final six ‘exquisite and ambitious’ works in contention for the £50,000 award for nonfictionBooks tackling climate change, China, the NHS, European revolutions, ballet and music feature on the shortlist for this year’s Baillie Gifford prize for nonfiction.The six-long list... Continue reading at The Guardian

[ The Guardian | 2023-10-08 19:00:48 UTC ]
More news stories like this | News stories tagged with: #judging chair #literary editor


‘Fortnite’ maker Epic Games lays off 830 employees, 16% of workforce

The company is also selling and spinning off some of its divisions as the video game industry faces cutbacks. Epic Games, maker of the smash hit Fortnite, isn’t immune to the troubles of the video game industry. The publisher announced Thursday it was laying off 16% of its staff, which works... Continue reading at Fast Company

[ Fast Company | 2023-09-28 14:15:00 UTC ]
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Albanese says attacks on Dan Andrews ‘low point in journalism’ as News Corp vitriol continues after resignation

Murdoch papers declare the premier’s electoral popularity was a ‘cult’ and his legacy nothing but a state ‘deep in debt’Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Sunday Herald Sun’s front-page photo of the... Continue reading at The Guardian

[ The Guardian | 2023-09-27 03:28:06 UTC ]
More news stories like this | News stories tagged with: #victorian premier #free morning #latest updatesget #free app #front pages #herald sun #national broadsheet #guardian australia #news corp


Warner Bros studios in Leavesden to expand, creating 4,000 UK jobs

Studios behind Harry Potter films to undergo 400,000 sq ft expansion by 2027, in boost to struggling industryThe Warner Bros studios behind the Harry Potter film series are to undergo a major expansion, creating 4,000 jobs and providing a boost to Britain’s beleaguered film and TV production... Continue reading at The Guardian

[ The Guardian | 2023-09-21 21:30:09 UTC ]
More news stories like this | News stories tagged with: #major expansion #harry potter


Media Briefing: Publishers say a cookie-less future remains murky, overheard at the Digiday Publishing Summit

Publishers who attended the Digiday Publishing Summit opened up about their top challenges, concerns and curiosities during closed-door, anonymous town hall meetings. Continue reading at Digiday

[ Digiday | 2023-09-21 04:01:00 UTC ]
More news stories like this | News stories tagged with: #media briefing #publishing summit


Russell Brand publisher pauses all future books with comedian

Bluebird, who were due to publish Brand’s new self-help book in December, took the decision in light of ‘very serious allegations’The publisher of one of Russell Brand’s books has said that it is pausing all future publishing of books by the comedian after he was accused of rape and sexual... Continue reading at The Guardian

[ The Guardian | 2023-09-18 14:31:47 UTC ]
More news stories like this | News stories tagged with: #future books #russell brand #future publishing #sexual assault #pan macmillan #self-help book


Métro Média to declare bankruptcy as local journalism takes another hit

Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province's two largest cities, the head of the Quebec newspaper publisher said Sunday. Continue reading at CBC

[ CBC | 2023-09-17 21:15:07 UTC ]
More news stories like this | News stories tagged with: #local government #largest cities


VideoAmp laying off 10% of workforce in the latest measurement shakeup

The move follows Nielsen laying off 9% of its own staff and comes a day after VideoAmp announced a $150 million funding round. Continue reading at Advertising Age

[ Advertising Age | 2023-09-14 20:19:52 UTC ]
More news stories like this | News stories tagged with: #nielsen


News Corp gasses up ‘green’ fossil fuels in a series on future energy – but does it pass the sniff test? | Temperature Check

Series sponsored by organisations including coal and gas companies features ‘incorrect’ claims on ‘green gas’ and context missing on carbon capture technology Get our morning and afternoon news emails, free app or daily news podcastIn a double-page spread in News Corp Australia’s metropolitan... Continue reading at The Guardian

[ The Guardian | 2023-09-13 22:00:11 UTC ]
More news stories like this | News stories tagged with: #free app #metropolitan newspapers #european union #news articles #news corp