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

Other Publishing stories related to: 'Future of digital journalism in question as Buzzfeed and HuffPost lay off 1,000'


Abrams Lays Off Unspecified Number of Staffers

Abrams Books has made an unspecified number of job cuts this week, with some speculating that cuts were in the double digits. The company declined to comment on the size of the workforce reduction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #job cuts #unspecified number #abrams books #double digits #company declined


Spotify is laying off 200 employees from its podcast division

Spotify isn't done with layoffs this year. The company is cutting 200 jobs in its podcast division, or about 2 percent of its workforce, as part of a "strategic realignment." Spotify is moving to a more "tailored approach" that optimizes resources for each podcast creator and their shows, and... Continue reading at Engadget

[ Engadget | 2023-06-05 13:47:49 UTC ]
More news stories like this | News stories tagged with: #ll continue #existing audience #business models #top publisher


APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year

The Audio Publishers Association finds in its annual report that audiobook sales generated $1.8 billion in the United States in 2022. The post APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-01 15:27:14 UTC ]
More news stories like this | News stories tagged with: #11th year #annual report #publishers association #audiobook


Lit Hub Daily: June 1, 2023

HAPPY PRIDE: 37 Drag Race contestants (and RuPaul) on drag as an art form and the show’s legacy • Jess deCourcy Hinds on building an LGBTQ picture book library for her queer family • Cat Sebastian on the unexpected power of Mary Renault’s The Charioteer, the 1950s novel that presaged queer... Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-01 10:30:49 UTC ]
More news stories like this | News stories tagged with: #art form #picture book


Torino’s Book Fair Braves the Storm: 215,000 Attendees

Torino's 35th international book fair with its professional program and rights center, succeeded amid torrential rains, flooding. The post Torino’s Book Fair Braves the Storm: 215,000 Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-05-23 16:49:04 UTC ]
More news stories like this | News stories tagged with: #professional program #rights center #book fair


Hello Sunshine’s CEO shares the questions her team asks to catalyze change

Sarah Harden says, “If there’s one word we talk about over and over again, it’s shifting from judgment to curiosity.” The morning I spoke with Hello Sunshine CEO Sarah Harden I revisited Cheryl Strayed’s book, Tiny Beautiful Things. A compilation of letters from Strayed’s advice column, Dear... Continue reading at Fast Company

[ Fast Company | 2023-05-22 05:00:00 UTC ]
More news stories like this | News stories tagged with: #reese witherspoon #advice column #daisy jones #production company #advancing women #book club


Kraft increases investment in its digital media mix with a focus on nostalgia and millennial parents

In addition to preparing television and sponsored ads, Kraft has also taken an interest in digital OOH and social media displays to account for how consumer shopping habits have changed. Continue reading at Digiday

[ Digiday | 2023-05-22 04:01:00 UTC ]
More news stories like this | News stories tagged with: #millennial parents #digital media


Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News

[ ABC News | 2023-05-15 11:47:06 UTC ]
More news stories like this | News stories tagged with: #vice media #meteoric rise #digital media


'New York Times' reports slower digital subscription growth and weakening ad revenue

The paper has been a bright spot for digital media despite falling ad revenue and a slowing growth rate for new subscribers Continue reading at Crains New York

[ Crains New York | 2023-05-10 18:44:39 UTC ]
More news stories like this | News stories tagged with: #bright spot #digital media


It's Pulitzer Prize day, honoring journalism's best work

The Pulitzer Prizes will be awarded Monday to honor outstanding journalism during a violent year that included Russia’s brutal invasion of Ukraine, mass shootings that targeted an elementary school and supermarket, and floods and flames fueled by clima... Continue reading at ABC News

[ ABC News | 2023-05-08 05:17:36 UTC ]
More news stories like this | News stories tagged with: #pulitzer prizes #mass shootings #elementary school #pulitzer prize


‘Too greedy’: mass walkout at global science journal over ‘unethical’ fees

Entire board resigns over actions of academic publisher whose profit margins outstrip even Google and AmazonMore than 40 leading scientists have resigned en masse from the editorial board of a top science journal in protest at what they describe as the “greed” of publishing giant Elsevier.The... Continue reading at The Guardian

[ The Guardian | 2023-05-07 07:00:16 UTC ]
More news stories like this | News stories tagged with: #editorial board #oxford university #college london #publishing giant #academic publisher


Illustrated children’s biography of King Charles hits No 1 on UK book chart

Maria Isabel Sánchez Vegara’s book, illustrated by Matt Hunt, is the first of the Little People, Big Dreams series to top the standingsA children’s biography of King Charles III has topped the UK book chart before the coronation on 6 May.Maria Isabel Sánchez Vegara’s King Charles is part of the... Continue reading at The Guardian

[ The Guardian | 2023-05-05 09:57:25 UTC ]
More news stories like this | News stories tagged with: #illustrated children #king charles #stephen hawking #michelle obama #uk book


Condé Nast Unveils Expanded Digital Video Slate During NewFronts

The digital media company Cond? Nast unveiled a slate of new video offerings, ad products and experiential franchises at its NewFronts presentation this morning in The Spiral at Hudson Yards, furthering its embrace of business lines that extend beyond its core editorial product. Speaking to a... Continue reading at AdWeek

[ AdWeek | 2023-05-04 14:15:00 UTC ]
More news stories like this | News stories tagged with: #newfronts presentation #ad products #business lines #digital media


Stephen King Has 1 Simple Demand For Lauren Boebert, Marjorie Taylor Greene

The bestselling author urged all Republican lawmakers to stop the distractions and focus on this key issue. Continue reading at HuffPost

[ HuffPost | 2023-05-04 08:27:12 UTC ]
More news stories like this | News stories tagged with: #stephen king #lauren boebert #key issue #bestselling author


Digital content platforms and streamers pitch new ad formats in short and long-form video on NewFronts day two

On IAB NewFronts day two, digital content platforms and streamers pitched new ad formats (with a focus on artificial intelligence and shoppable content) in short-form social video and longer-form TV shows and movies. Continue reading at Digiday

[ Digiday | 2023-05-03 10:01:00 UTC ]
More news stories like this | News stories tagged with: #ad formats #artificial intelligence #digital content


Nielsen and the Future of TV Measurement

We all have our favorite TV shows, and it seems every year there's a new hit series to add to our watchlist. What do these trends mean, especially to marketers? For decades, Nielsen was the place where advertisers and marketers could turn to better connect with their audiences by understanding... Continue reading at AdWeek

[ AdWeek | 2023-05-02 20:53:41 UTC ]
More news stories like this | News stories tagged with: #tv measurement #hit series #nielsen


Book Riot’s SFF Deals for May 1, 2023

The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot

[ Book Riot | 2023-05-01 15:35:42 UTC ]
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Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers inBen Smith is a willing passenger on the rollercoaster also known as the internet. He reported for Politico, was founding editor-in-chief at BuzzFeed News and did a stint as a... Continue reading at The Guardian

[ The Guardian | 2023-04-29 06:00:28 UTC ]
More news stories like this | News stories tagged with: #buzzfeed news #ben smith #keen eye #sharp wit #tucker carlson #penguin random house


This Week's Bestsellers: May 1, 2023

David Grann's 'The Wager' dwarfs his previous four books in first-week sales, Mary Higgins Clark has a posthumous hit, a passel of cookbooks hit the top 10 in nonfiction, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #david grann #first-week sales


Book Deals: Week of May 1, 2023

HarperCollins buys world rights to a collection of journals and lyrics by Amy Winehouse, NBCC winner Isaac Butler sells a “military history of the first decade in the culture wars” to Bloomsbury, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #amy winehouse #military history #culture wars #world rights #harpercollins