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 ]
News tagged with:
#multiple sources
#provide details
#difficult decision
#sources familiar
#longtime editor-in-chief
#b2b media
#ll update
#informa plc
After six straight years of growth, North American digital comics sales dropped 10% in 2015, to $90 million. The decline, documented in a new report issued by the pop culture trade news site ICv2, mirrors a similar decline in the sales of prose ebooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#report issued
Libraries across the country continue to be threatened with closure, with councils proposing to close 22 venues altogether across Swindon, Gateshead and Coventry. Continue reading at The Bookseller
[ The Bookseller | 2016-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#country continue
Layout and production assistant Matt White recommends 'Sunny' by Taiyo Matsumoto, a manga about the lives of misfit adolescents at the Star Kids Home in 1970s suburban Japan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-08 00:00:00 UTC ]
More news stories like this |
Chancellor George Osborne has pledged to cut corporation tax from 20% to 15% to encourage businesses to keep investing in the UK, according to news reports. Continue reading at The Bookseller
[ The Bookseller | 2016-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#news reports
Attorneys for the publishers argue that a recent Supreme Court decision in another high profile copyright case—Kirtsaeng v. Wiley—should take them off the hook for paying GSU's legal fees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#legal fees
Senior reviews editor Peter Cannon recommends 'Art in the Blood: A Sherlock Holmes Adventure' by Bonnie MacBird, featuring a vulnerable, fallible, more modern Holmes who must recover a kidnapped boy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-24 00:00:00 UTC ]
More news stories like this |
The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended June 19, 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bestselling ibooks
Reviews editor Everett Jones recommends 'The Man with the Golden Typewriter' by Ian Fleming, a selection of the author's James Bond-related correspondence. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ian fleming
Limitations of reading devices and "digital fatigue" are cited as causes for the decline in ebook sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#reading devices
#ebook sales
Pew Research Center reports print circulation fell an average of just two percent last year for 14 of the largest news magazines. The post News Magazines Resist Print Declines; Digital Editions Show Growth appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-15 00:00:00 UTC ]
More news stories like this |
Assistant editor Drucilla Shultz recommends the Penryn and the End of Days Trilogy by Susan Ee, a refreshingly dark YA love story set during an angel apocalypse. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#susan ee
Universities are taking different approaches to handling shrinking budgets, from cutting back on staff to expecting presses to rely more on their own resources. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#budget cuts
#cutting back
General Interest magazines are the big winners as the Celebrity and Women's categories, as well as convenience stores, continue to struggle. The post Newsstand Declines Slowed in Q1 of 2016 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#big winners
#convenience stores
Reviews editor Seth Satterlee recommends 'The Pocket-Size God' by Robert F Griffin, a collection of columns from the Notre Dame cleric between 1972 and 1994. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
More news stories like this |
The annual survey, conducted by the Publishers Communication Group (PCG) found that a sputtering global economy is still affecting library budgets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#annual survey
Features editor Carolyn Juris recommends 'Central Station' by Lavie Tidhar, a set of linked short stories in a post-singularity world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#lavie tidhar
Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#divert customers
#reading platform
#digital sales
PW's digital director recommends an anthology of essays about the changing landscape of literary publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#literary publishing
#changing landscape
Reviews director Louisa Ermelino recommends 'Siracusa' by Delia Ephron, a novel following two married couples and on a vacation in Italy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#delia ephron
There's something to be said about a printed book. It's easy to read outdoors, you can lend it to a friend and, unlike a top-end Kindle, it doesn't spell disaster if you lose it. E-readers have their place, but today The Publishers Association (PA) h... Continue reading at Engadget
[ Engadget | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book sales
#printed book
#read outdoors