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'


Taipei International Book Exhibition: 505,000 Attendees in Six Days

As many as 1,393 stands representing 470 exhibitors were at the 2023 Taipei International Book Exhibition, from 33 nations. By Porter Anderson, Editor-in-Chief | @Porter_Anderson See also: Marketing in ‘Tandem’: Naomi Bacon and Taipei’s Publishers Interview: Taipei International Book Fair’s... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-06 16:42:45 UTC ]
More news stories like this | News stories tagged with: #porter anderson #naomi bacon #31st edition #editor-in-chief @porter_anderson


The Sensitive Question of Sensitivity Readers

Agent Jeffrey Hermann argues that changing a book based on a sensitivity read can make it less authentic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
More news stories like this | News stories tagged with: #sensitivity readers #book based


Tinuiti’s Q4 digital ads report shows soft pricing but promise for performance channels

Tinuiti's analysis of fourth-quarter activity shows most corners of the digital media landscape saw less than stellar financial results. Continue reading at Digiday

[ Digiday | 2023-02-02 05:01:00 UTC ]
More news stories like this | News stories tagged with: #digital media


BuzzFeed stock price skyrockets on news of deals with Meta and ChatGPT creator OpenAI

Shares of the digital media company have been struggling since it went public in a SPAC deal in late 2021. If you’re an owner of BuzzFeed stock (Nasdaq: BZFD), the last 24 hours have been very good for you. Yesterday, the stock soared thanks to news that BuzzFeed was partnering with OpenAI to... Continue reading at Fast Company

[ Fast Company | 2023-01-27 08:45:00 UTC ]
More news stories like this | News stories tagged with: #spac deal #generate content #separate deal #digital media


U.S. Justice Department, 8 states sue Google over digital ad dominance

The U.S. Department of Justice and eight states, including California, filed suit against Google in a Virginia federal court on Tuesday, claiming that the company illegally used its market powers to dominate Internet advertising. In a court filing originally reported on by CNN, the DOJ... Continue reading at PC World

[ PC World | 2023-01-24 19:39:28 UTC ]
More news stories like this | News stories tagged with: #higher quality #ad business #header bidding #small businesses #publishers make


The Future of Libraries

Libraries have existed for 5,000 years, but what does their future look like in an ever-changing world. One writer explores. Continue reading at Book Riot

[ Book Riot | 2023-01-18 11:37:00 UTC ]
More news stories like this | News stories tagged with: #ever-changing world #writer explores #libraries


Digital Book World: Startups Are Entering 'A New Age'

DBW's final day looked at a recent study of publishing industry startups and found that innovation takes all forms, from wildly successful ideas that took time to take off, like Audible, to cutting edge innovations, like blockchain book retailing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-18 05:00:00 UTC ]
More news stories like this | News stories tagged with: #recent study #innovation takes #publishing industry


Digital Book World: Startups Are Entering 'A New Age'

DBW's final day looked at a recent study of publishing industry startups and found that innovation takes all forms, from wildly successful ideas that took time to take off, like Audible, to cutting edge innovations, like blockchain book retailing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-18 05:00:00 UTC ]
More news stories like this | News stories tagged with: #recent study #innovation takes #publishing industry


Charles Tripp Chairs the British Academy’s £25,000 Book Prize Jury

The British Academy Book Prize for Global Cultural Understanding will name its winner in October. Publishers are submitting now. The post Charles Tripp Chairs the British Academy’s £25,000 Book Prize Jury appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-01-17 04:15:36 UTC ]
More news stories like this | News stories tagged with: #british academy #book prize


Digital Book World Focuses on Data and Accessibility

Digital Book World, a conference focused on innovation in publishing, opened in New York City with a talk from the International Publishers Association about a two-year project focusing on data collection, as well as the need for more accessible books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #data collection #conference focused #accessible books #publishers association #digital book #book world


Digital Book World Focuses on Data and Accessibility

Digital Book World, a conference focused on innovation in publishing, opened in New York City with a talk from the International Publishers Association about a two-year project focusing on data collection, as well as the need for more accessible books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #data collection #conference focused #accessible books #publishers association #digital book #book world


Media Agencies Call on Marketers to Change Their Digital Strategies

Most senior media agency professionals want their clients to invest in emerging media and explore new digital channels this year. With global advertising spend forecast to slow this year from record levels of spend and the rising cost of digital media spend, marketers will be scrutinizing where... Continue reading at AdWeek

[ AdWeek | 2023-01-11 13:54:14 UTC ]
More news stories like this | News stories tagged with: #digital strategies #emerging media #digital channels #record levels #digital media


OverDrive: Record Number of Libraries Surpassed One Million Digital Lends in 2022

OverDrive officials said 129 library systems hit the milestone with the Los Angeles Public Library becoming its first library system to surpass 10 million digital circulations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-11 05:00:00 UTC ]
More news stories like this | News stories tagged with: #record number #library system #libraries


December Religion Bestsellers: ‘Faith Still Moves Mountains’ #1 in Nonfiction; Rivers Reigns in Fiction

Fox News host Harris Faulkner’s ‘Faith Still Moves Mountains’ remains in the #1 spot on PW’s Religion Nonfiction Bestsellers list for December; Francine Rivers takes three spots on Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-11 05:00:00 UTC ]
More news stories like this | News stories tagged with: #religion fiction #moves mountains ##1 spot


Prince Harry’s memoir hits No 1 on Amazon, predicted to be one of year’s bestsellers

Spare is already the UK’s top-selling title a day ahead of publication, with high-street retailers expecting sustained interest in the royal psychodramaPrince Harry’s Spare is currently the No 1 in the UK Amazon bestseller charts and among the biggest pre-order titles for high-street retailers,... Continue reading at The Guardian

[ The Guardian | 2023-01-09 17:46:20 UTC ]
More news stories like this | News stories tagged with: #prince harry #top-selling title #day ahead #high-street retailers #official release #marry camilla #bestseller charts #memoir


The Future Is Now: Close-Up on BibioSuite from Virtusales

PW caught up with Richard Hart, CTO at Virtusales, to talk about the company's BiblioSuite publishing software and why its a vital solution for publishers like Penguin Random House, Hachette, Macmillan, Bonnier, Oxford University Press, and Harvard University Press. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #pw caught


OverDrive Digital Library Circulation Grew 10% in 2022

The 2022 figures suggest that demand for digital resources in libraries continues to be robust even as the rate of growth slows from pandemic levels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #digital resources #libraries


CES 2023 Day 1 recap: Catch up on the biggest news from the year's biggest tech show

We’re back in Vegas for CES, and while the show doesn’t officially open until tomorrow, many exhibitors have already unveiled their new products at various press conferences and media events. Today, we’re starting to see some of the early car news that frequently dominates CES, as well as more... Continue reading at Engadget

[ Engadget | 2023-01-05 19:50:52 UTC ]
More news stories like this | News stories tagged with: #configuration options #favorite app #headphone jack #youtube channel #stay tuned #digital content


Paperback to the Future: Must-Read Paperbacks to Kick Off 2023

Now in paperback! Here are 40 great paperback releases to start your 2023 reading year off right. Continue reading at Book Riot

[ Book Riot | 2023-01-05 11:34:00 UTC ]
More news stories like this |


BMW's i Vision Dee concept digitizes the driving experience with a full-width heads-up display

BMW is once again ready to give the world a glimpse of the futuristic tech it has in the works as p[art of its i Vision concept vehicle program. Following 2017's iVision Dynamics, 2018's iNext SAV, and last year's iVision Circular, the German automaker revealed at CES 2023 on Thursday the i... Continue reading at Engadget

[ Engadget | 2023-01-05 04:15:55 UTC ]
More news stories like this | News stories tagged with: #fingers crossed #digital life #sound effects #communicate directly #digital content