It Hasn’t Taken Long for COVID-19 to Wreak Havoc on Publishing

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 ]
News tagged with: #rarely deliver #month ago #biggest threat #human capital #invisible hand #publishing industry

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Covid-19 forces widespread bookshop closures as major publishers go remote

The impact of the coronavirus has seen the Booksellers Association issue a rallying cry to the trade, as many publishers enforce home working to safeguard staff. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 23:39:55 UTC ]
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Coronavirus: International Publishers Make COVID-19 Research Content Freely Available

Research houses and scholarly publishers and associations are pooling their content for professional and public access free of charge. The post Coronavirus: International Publishers Make COVID-19 Research Content Freely Available appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-16 08:15:00 UTC ]
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Exclusive: TEN Publishing Is Shuttering 19 Car Magazines

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[ Folio Magazine | 2019-12-06 14:31:12 UTC ]
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Barker questions publishing's long-term commitment to diversity

Pat Barker says she has a distrust of the publishing industry’s regional and class diversity drives because it could be "fashionable" and may not represent a long-term commitment. Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 18:57:47 UTC ]
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It hasn't taken long for USC sprinter Twanisha Terry to become elite

The notebook is red, with the word “elite” printed across the front in black. It is here where USC sophomore sprinter Twanisha Terry records her goals like a checklist. When she arrived at USC the summer before her freshman year, Terry looked up school records for each event she runs and wrote... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-18 00:00:00 UTC ]
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BIEF’s Nicolas Roche on French Publishing in the World: ‘Meetings All Year Long’

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Publishing in the Baltic Region 2018: Long Live #IAmIntrovert!

Latvia's quirky campaign to promote its writers has attracted a following of fans. Continue reading at Publishers Weekly

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Nobel prizewinner Claude Simon's book rejected by 19 publishers in fan experiement

French author Claude Simon may have won the 1985 Nobel prize for literature, but according to a recent experiment he would not be published today. Continue reading at Stuff

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Long-term Murdoch lieutenant Les Hinton to publish memoirs

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Scale-hungry Facebook video publishers are in trouble if they don’t think long term

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Digital sales down 19%, but print strong for trade publishers in first half

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Meredith Long Named Group Publisher of Time, Fortune, and Money

Leadership shuffle sees Long replace Eric Danetz; Jorg Strattman promoted to associate publisher. The post Meredith Long Named Group Publisher of Time, Fortune, and Money appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-12 00:00:00 UTC ]
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Flooding wreaks havoc for bookshops

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Social Media Censorship in Bangladesh Hints at Long-Term Problems for Publishers

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[ Editor & Publisher | 2015-12-03 00:00:00 UTC ]
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Smart: 'publishers do invest long-term in authors'

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Tablet to Tablet: What Hasn’t Changed in Publishing — and Should

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William Heinemann to publish long lost love letters

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Byliner, an Online Publisher of Long-Form Writing, Seeks Partners

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Behind Time Inc. Purchase of American Express Publishing Lies a Long History

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As Library E-Books Live Long, Publisher Sets Expiration Date

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