A lot has happened since I wrote to you last week about the rapid spread of COVID-19, its impact on all of us in publishing and our continued commitment to serve you. As I stated then, Folio: will keep our promise to seek out positive stories on how our community can get through this unprecedented time. And we will also remain committed to keeping you informed on what’s happening with your industry without spin or puffery. So with that in mind, let me be frank: things are not so good today. The immediate impact the novel coronavirus has had on publishing has already become palpable, and for many who have been around this this business for more than a decade, it's likely bringing back bad memories of the 2008 recession. Like many other businesses across the country and the globe, publishers are suffering from a liquidity problem. That makes it very hard to maintain an operation. Hopefully swift government intervention will prevent many businesses from running out of cash or securing the credit they need to stay afloat and make payroll. In less than two weeks, COVID-19 has exposed the vulnerability of our industry, despite years of hard work building out more recession-proof businesses. Playboy ended its print magazine's frequency in response to the impact of the virus. It's unlikely it will be the last iconic publication to do this in 2020. Time Out has temporarily suspended its print edition across all of its global markets and closed its chain of upscale food halls in... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-03-26 13:00:37 UTC ]
The past few months have restricted physical access to bookshops, interrupted supply chains and created a raft of logistical complexities for the publishing industry. Even with restrictions easing, traditional consumer marketing and PR are trickier to execute safely. However, our data at The... Continue reading at The Bookseller
[ The Bookseller | 2020-07-07 15:24:03 UTC ]
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The board of directors at Ebony has removed CEO Willard Jackson, the magazine said Sunday, citing an ongoing independent investigation into "a number of transactions that Jackson led." A co-founder and vice chairman of Clear View Group (CVG), the private equity firm that acquired Ebony from... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-06 17:59:58 UTC ]
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The Spanish publishing industry has gained new clarity on where it stands with the government and is ratcheting up its demands for pendemic assistance. The post Coronavirus Impact: Spain’s Publishers Open a Two-Front Strategy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-07-06 13:44:10 UTC ]
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There’s no doubt COVID-19 has forever changed the world as we know it. A small slice of life that had to shift trajectory is the publishing industry. Debut authors are especially struggling as the books they have worked on for countless years are released into a world without in-person book... Continue reading at Electric Literature
[ Electric Literature | 2020-06-30 11:00:00 UTC ]
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A group of B2B publishers and ad tech firms are banding together to curtail the harvesting of publisher-specific data from online ad auctions by third-parties, a practice they argue is an unauthorized breach which places their relationships with their audiences at risk. Referred to as data... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-17 21:29:40 UTC ]
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The social media campaign could force publishers to focus on black writers by encouraging readers to buy their booksCould the New York Times’ Best Seller book list ever be filled entirely by black authors?As industries undergo reckonings around race, in the wake of international demonstrations... Continue reading at The Guardian
[ The Guardian | 2020-06-17 10:00:17 UTC ]
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I want to acknowledge that my experience as a South Asian is not the same as those of Black people in this country. Although it’s important to note that we may have some shared experiences, the current BLM protests are about Black Lives, and it’s crucial to know the difference. However, the... Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 19:31:29 UTC ]
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As Black Lives Matter protests take place across the world, the publishing world is rushing to support those ‘ignored by the mainstream’. Who is the mainstream, then?The publishing industry is stilted and archaic. I worked in it for seven years, and left due to reasons I can’t legally talk... Continue reading at The Guardian
[ The Guardian | 2020-06-11 09:44:22 UTC ]
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I am a Black author and publisher in an industry that is dominated by white people. Black Lives Matter is not a hashtag. It is a movement that will carry on until we have seen real change. It is being said time and time again but there is still not enough representation in the publishing... Continue reading at The Bookseller
[ The Bookseller | 2020-06-11 01:22:51 UTC ]
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Author Dorothy Koomson has written an open letter to the publishing industry, in which she describes it as a “hostile environment for Black authors”. Continue reading at The Bookseller
[ The Bookseller | 2020-06-10 06:37:48 UTC ]
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Frontline booksellers are the first people customers see when they set foot in bookstores across America, and are among the most vulnerable workers in the publishing industry. This is what their world looks like now. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-05 04:00:00 UTC ]
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Cultural Cross Sections Taylor Hickney In this profile, one of Marie-Helene Bertino’s students at the New School provides a personal glimpse of the author, whose new novel, Parakeet, was published June 2. On the evening of the National Book Awards,... Continue reading at World Literature Today
[ World Literature Today | 2020-06-04 19:40:55 UTC ]
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Asking consumers to remember what booksellers mean to them, Spain's publishing industry associations roll out a campaign to reopen book retailers. The post Coronavirus Response: Spain’s Publishing Industry Mobilizes Bookstore Support appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-06-04 13:07:04 UTC ]
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The proportion of authors reporting a drop in income since the coronavirus pandemic began has increased, with almost 60% now seeing a decline in their income following the outbreak according to the Society of Author's latest poll, up over a third from a month ago. Continue reading at The Bookseller
[ The Bookseller | 2020-06-04 06:12:06 UTC ]
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Pandemic Dispatches Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has made... Continue reading at World Literature Today
[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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Cultural Cross Sections Elena Poniatowska In this column that originally appeared in La Jornada, Elena Poniatowska considers the role of editors and talks with Diego Rabasa, founder of publisher Sexto Piso. Already precarious, the pandemic lockdown has... Continue reading at World Literature Today
[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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Today sees the launch of South Asian LitFest, a free, live online festival I've created to show celebrate and showcase authors both from the subcontinent and the diasporic South Asian writing community around the world. Why do we need it? Well, even as the publishing industry talks about... Continue reading at The Bookseller
[ The Bookseller | 2020-05-27 22:25:54 UTC ]
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Having dropped up to 2.5 million units in its worst 'acute COVID period' week, Kristin McLean says the US publishing industry needs to assess, predict, and harden weak spots for challenges ahead. The post NPD’s Kristen McLean on the US Industry: Weathering the Pandemic appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-05-27 12:33:49 UTC ]
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Recently, a colleague experienced an irksome response from a coworker when she could not meet with him at short notice. She felt frustrated that he seemed to show little compassion or understanding when she’s currently balancing a full-time job and homeschooling two young children. She’s not... Continue reading at Publishing Executive
[ Publishing Executive | 2020-05-27 12:00:06 UTC ]
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