Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the layoffs and pay cuts in a statement, pointing to the COVID-19 pandemic as the reason for the changes. “Due to impacts of COVID-19 on our business, we had to make the very difficult decision of implementing cost-cutting measures, including reducing our workforce and conducting salary reductions for some of our top earners," the spokesperson said. "This is a necessary step many businesses are facing during this uncertain economic climate.” A source in the company said the cuts impacted editorial, marketing and events staffers, but couldn't say how many people were let go altogether. Two other sources familiar with the situation both said 40 total employees were laid off. Among those let go was the longtime editor-in-chief of Architect magazine, Ned Cramer, who had been in that role since Hanley Wood first launched the publication in 2006. The cuts come a little over a year after private equity firm MidOcean Partners acquired Hanley Wood and merged it with housing industry data provider Meyers Research, a move that coincided with the departure of former Hanley Wood CEO Peter Goldstone. Since then, Meyers Research founder Jeff Meyers has been running the combined Hanley Wood/Meyers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
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Meg Wolitzer talks to her mom, Hilma, about her new collection, “Today a Woman Went Mad in the Supermarket,” parenthood, writing and how humor carries them through Continue reading at The Washington Post
[ The Washington Post | 2021-08-31 12:00:00 UTC ]
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Solaris has landed Aubrey Wood's "edgy" debut novel Bang Bang Bodhisattva, a comic science fiction mystery. Continue reading at The Bookseller
[ The Bookseller | 2021-08-31 10:17:52 UTC ]
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Louis Theroux has signed a deal with Pan Macmillan for a new book, Theroux the Keyhole, billed as a “heartwarming diary of the weirdness of family life in Covid world”. Continue reading at The Bookseller
[ The Bookseller | 2021-08-25 15:16:12 UTC ]
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In ‘The Madness of Crowds,’ the sweet town of Three Pines struggles with the pandemic and its fallout. Continue reading at The Washington Post
[ The Washington Post | 2021-08-24 13:00:00 UTC ]
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In this fifth and final installment of our series, we asked editors to tell us about a book of theirs, published during the pandemic, that they wish had gotten more love. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-19 04:00:00 UTC ]
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Amazon’s oldest Kindles are being cut off from the internet. But don’t blame Amazon—these e-readers are collateral damage in the phaseout of 2G and 3G cellular service.The first two generations of Kindle e-readers used a cellular antenna to connect to the internet for downloading content.... Continue reading at PC World
[ PC World | 2021-08-18 16:45:00 UTC ]
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Irish publisher Doire Press will publish two October titles inspired by the Covid-19 pandemic, with commissioning editor John Walsh acquiring world English language rights directly from authors Madeleine D’Arcy and William Wall. Continue reading at The Bookseller
[ The Bookseller | 2021-08-17 23:27:41 UTC ]
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More than 60 bookshops launched in the UK and Ireland in the past 18 months – but who would open one in a pandemic? We asked five to share their stories, while bestselling author Val McDermid remembers the bookshops of her youthWhen I was growing up in a small Scottish town, we had a bookshop... Continue reading at The Guardian
[ The Guardian | 2021-08-15 11:00:06 UTC ]
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Online retail giant Amazon has cut back its pioneering drone delivery team, but says it will still have a Prime Air presence in the UK. Continue reading at The Bookseller
[ The Bookseller | 2021-08-09 16:20:14 UTC ]
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HarperCollins has reported “record profits”, with global revenues growing 19% in the financial year ending 30th June 2021, according to figures from parent firm News Corp. Continue reading at The Bookseller
[ The Bookseller | 2021-08-06 19:17:08 UTC ]
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From frequency changes and staff reorgs to automation and list cleanup, publishers are getting creative when it comes to ensuring long-term viability. The post How Magazine Publishers Are Cutting Print Costs to Improve Profits appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine
[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
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Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine
[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
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Revenue at Reed Exhibitions declined 40% in the first half of 2021 compared to last year, and parent company RELX gave a tepid forecast for the business for the remainder of the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-30 04:00:00 UTC ]
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With sales in nonfiction categories all falling again, unit sales of print books declined 4.9% last week compared to the week ended July 25, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-29 04:00:00 UTC ]
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The books we love coming out this week include new titles by Melinda Wenner Moyer, Alexander McCall Smith, and Richard Culatta. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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S&S Books for Young Readers buys a middle grade series from Dan & Jason, Somali British poet Warsan Shire sells her debut collection to Random House, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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'The Paper Palace,' Miranda Cowley Heller's debut, is the July Reese's Book Club pick and the #5 book in the country. Plus two new novels, 'Falling' and 'Fallen,' have similar titles and starred reviews, but the likeness ends there. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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A new survey from charity Read for Good, which has donated bundles of books to 50 schools nationwide, has found school library funding has been hit by the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-07-03 13:06:00 UTC ]
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Staff at the academic publisher Springer Nature are being given an extra day of holiday on 2nd July to thank them for their "extraordinary efforts" during the Covid-19 pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-07-01 17:57:04 UTC ]
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I’ve been watching the Extremely Sad Show for Extremely Sad People for a few months now. I only learned this a few weeks ago, though. At an editorial meeting for the literary magazine where I’m a columnist, someone said she was watching “the extremely sad show for extremely sad people.” Another... Continue reading at Electric Literature
[ Electric Literature | 2021-06-30 11:00:00 UTC ]
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