Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at 'ABC News'

[ ABC News | 2020-07-25 15:28:47 UTC ]
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The Australian appoints Michelle Gunn as first female editor in newspaper's 56-year history

Gunn, who will remain as editor of the Weekend Australian, began her career as a cadet journalist at the News Corp titleThe weekday Australian has appointed its first female editor in its 56-year history in Michelle Gunn, the editor of the Weekend Australian since 2012.Editor John Lehmann is... Continue reading at The Guardian

[ The Guardian | 2020-05-15 05:41:11 UTC ]
More news stories like this | News stories tagged with: #female editor #michelle gunn #christopher dore #told staff #friday afternoon #news corp


Why a children's book startup is giving hazard pay during pandemic

CEO Jessica Ewing said frontline employees deserve to benefit from the company's growth this year, as parents look for ways to entertain and intellectually nourish their children during the pandemic. Literati, which runs a subscription service for children's books, could be shipping "about a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-01 05:01:00 UTC ]
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University Press of Kentucky Has New Funding, Director

The University Press of Kentucky has had its state funding restored after losing it in 2018; and in March, Ashley Runyon took over as director of the press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-30 04:00:00 UTC ]
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Two Used Book Chains Start to Reopen

Gottwals Books reopened two stores in Georgia yesterday, while Half Price Books is planning to reopen some stores this weekend. In both instances, reopening has resulted in difficult discussions between employees and management. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-28 04:00:00 UTC ]
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BA criticises Amazon for 'ill-judged' hardship fund donation

The Booksellers Association (BA) has branded Amazon's £250,000 donation to a booksellers hardship fund an “ill-judged attempt to mitigate a decades-long campaign to undermine the bookselling sector”. Continue reading at The Bookseller

[ The Bookseller | 2020-04-24 16:27:46 UTC ]
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Amazon revealed as £250k donor to bookseller coronavirus fund

Amazon has been revealed as the mystery donor which pledged £250,000 to a fundraising drive to help booksellers impacted by the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 04:37:57 UTC ]
More news stories like this | News stories tagged with: #amazon revealed #fundraising drive #coronavirus crisis #bookseller


Informa Cuts Executive Pay, Suspends Dividends and Issues New Equity

The world's largest exhibitions organizer, London-based Informa plc, outlined on Thursday morning a series of emergency actions it's taking to alleviate the impact of the COVID-19 pandemic on its events business, which drives nearly two-thirds of the company's overall revenues. Noting that the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-16 18:02:14 UTC ]
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Bluemoose's Duffy calls for industry fund to support indie presses

Bluemoose Books founder Kevin Duffy has called on the publishing industry to rally behind its smaller presses at this time of crisis and to establish a fund to help independent publishers survive what Duffy said had been a 90% reduction in revenue as a result of the lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-14 17:49:26 UTC ]
More news stories like this | News stories tagged with: #smaller presses #publishing industry


Claire McFall releases e-book to raise funds for food banks

Scottish YA author Claire McFall is releasing an e-book title, Making Turquoise, to raise money for food banks.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 05:38:55 UTC ]
More news stories like this | News stories tagged with: #raise funds #food banks #raise money #e-book


Arts Funders Launch Artist Pandemic Relief Fund

In response to the impact of the pandemic on the arts community, a multi-disciplinary coalition of arts organizations have joined together to launch Artist Relief, a nonprofit fund that will award $5,000 grants to individual artists facing economic need due to Covid-19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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Diamond Reveals New Payment Terms; Execs Take Pay Cut

Diamond Distributors founder Steve Geppi outlined the terms under which the distributor of comics, graphic novels, and prose books would resume payments to publishers and other vendors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-07 04:00:00 UTC ]
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Elsevier makes small reduction to high gender pay gap

Elsevier, which for the past two years has reported significant median gender pay gaps of 40% and 39.4%, has reduced that number slightly to 37% in its latest filing. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 20:51:43 UTC ]
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Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

Higher paid staff at Pan Macmillan have been asked to volunteer for a pay reduction and employees at its distribution arm will be furloughed as the publisher unveiled measures to help “safeguard” its business during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 10:15:37 UTC ]
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Author James Patterson Funding Drive To Save Indie Booksellers

On Thursday, the best-selling author pledged $500,000 to a new campaign: #SaveIndieBookstores. Continue reading at HuffPost

[ HuffPost | 2020-04-02 20:17:14 UTC ]
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‘Everyone feels the pain’: Major digital publishers enact pay and benefits cuts to stanch the bleeding

Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday

[ Digiday | 2020-03-31 04:01:00 UTC ]
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UK national newspaper sales plummet under Covid-19 lockdown

Fears for jobs as print sales drop by as much as 30% after thousands of newsagents closeCoronavirus – latest updates See all our coronavirus coverageNational print newspaper sales have fallen by as much as 30% since the start of the government-ordered coronavirus lockdown, according to industry... Continue reading at The Guardian

[ The Guardian | 2020-03-27 14:04:29 UTC ]
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Clive Palmer buys huge ad to push plan to fund malaria drug as possible cure for Covid-19 | Amanda Meade

Mining magnate took over page two and three of the Australian for his grand scheme. Plus: News Corp journos forced to take leaveOn Friday the Australian published a double-page advertisement paid for by the mining magnate Clive Palmer, promoting his plan to fund 1m doses of the malaria drug... Continue reading at The Guardian

[ The Guardian | 2020-03-27 01:06:05 UTC ]
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Arts Council England announces £160m coronavirus emergency fund

Arts Council England (ACE) has announced a £160m emergency funding package to help artists and art organisations cope with the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 04:57:11 UTC ]
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Here’s how to support worker relief funds for booksellers trying to survive coronavirus closures.

The coronavirus pandemic has hit independent bookstores hard, with booksellers and other book workers now in need of emergency support. Here are some opportunities we’ve spotted to help out, but please let us know of any others and will add to the post. (Email [email protected].) The Book Industry... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-23 20:01:09 UTC ]
More news stories like this | News stories tagged with: #assists booksellers #coronavirus pandemic #book workers #book industry


Trade rallies to launch emergency hardship funds for authors and booksellers

The trade has pulled together to launch a series of emergency measures to support authors and booksellers affected financially as a result of the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 17:45:38 UTC ]
More news stories like this | News stories tagged with: #support authors #coronavirus outbreak