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

Other Publishing stories related to: 'It Hasn’t Taken Long for COVID-19 to Wreak Havoc on Publishing'


Godine to Publish Restored Werfel Classic

Best known for The Song of Bernadette (1941), which was turned into an Oscar-winning movie, Jewish writer Franz Werfel (1890–1945) was also the author of one of the most popular Book-of-the-Month Club titles ever, The Forty Days of Musa Dagh. First released in 1933, the work is a historical... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #musa dagh


Agate Publishing and Chicago Tribune Enter New Ebook Partnership

Evanston, IL—Agate Publishing Inc., the Evanston, Illinois-based independent press, has entered into a partnership with the Chicago Tribune to produce ebooks created from Chicago Tribune-owned content. The ebooks will appear as pa ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #agate publishing #ebook partnership #chicago tribune


At MPA Digital: Swipe, Publishers See Gains From Tablet Efforts

NEW YORK - Today’s MPA Digital: Swipe event brought the consumer magazine industry together to focus on what’s next in tablet editions. Continue reading at Folio Magazine

[ Folio Magazine | 2012-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mpa digital #tablet editions


Bonnier imprint to publish scented books

Bonnier-owned Autumn Publishing Group is to launch Smellessence, a division which will use new... Continue reading at The Bookseller

[ The Bookseller | 2012-03-21 00:00:00 UTC ]
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Allen Lane publish Shakespeare's world in 20 objects

Allen Lane will be publishing another title by Neil MacGregor, author of A History of the World... Continue reading at The Bookseller

[ The Bookseller | 2012-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #allen lane


New iPad's Perk for Publishers

The new high-res iPad would, like so many things from Apple, seem a mixed bag for publishers. Its richer visuals raise concerns that consumers already frustrated by long download times for digital editions of magazines will have to suffer still more waiting. But some good news: Apple is... Continue reading at AdWeek

[ AdWeek | 2012-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital editions #amazon kindle #gregg hano #bonnier corp


The New Press: 20 Years of Publishing ‘in the Public Interest’

Twenty years after it was founded by former Pantheon publisher Andre Schiffrin as a nonprofit publisher with a mission statement to publish “in the public interest,” the New Press is on something of a roll. The house has a new bestseller—Michelle Alexander’s The New Jim Crow—spacious offices in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #twenty years #book publishing #public interest #mission statement #diverse selection


Publishers must be more 'dynamic' over pricing, IPG hears

Publishers need to emerge from the shadow of Nielsen BookScan and use their own judgement while... Continue reading at The Bookseller

[ The Bookseller | 2012-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan


Challis new Weldon Owen publisher

Martina Challis has been appointed the publisher at Weldon Owen, the Bonnier Publishing-owned... Continue reading at The Bookseller

[ The Bookseller | 2012-03-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #weldon owen


Des Moines Register Publisher Laura Hollingsworth Embraces Changes

One way to deal with change is to get comfortable with the uncomfortable. Laura Hollingsworth knows. As president and publisher of the Des Moines Register and a group president for Gannett Co. Inc.'s U.S. Community Publishing Division, Hollingsw ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-03-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #des moines #publishing division


Apple, Publishers Must Address All Allegations Before E-book Case Can Be Closed, EU Says

Apple along with five ebook publishers must address all the European Commission's antitrust concerns before any settlement can be reached warned the European... Continue reading at PC World

[ PC World | 2012-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook publishers #european commission #e-book case


EU ready to settle with publishers over ebook price-fixing, but no talks yet

European Union antitrust chief Joaquin Almunia says that the Competition Commission is open to a settlement with publishers in the increasingly high-profile ebook price fixing case, but only if the companies address key regulatory issues. Almunia says regulators are coordinating with the Justice... Continue reading at Betanews

[ Betanews | 2012-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook price-fixing #competition commission #justice department #simon schuster #key issue


Andy Healy promoted to publishing director at Immediate Media

Immediate Media has promoted Andy Healy to the position of publishing director, it was announced today (12 March). Continue reading at Media Week

[ Media Week | 2012-03-12 00:00:00 UTC ]
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Lower ebook prices ahead as government threatens Apple, publishers?

The Justice Department has told Apple and five major publishers that it's planning to sue them for fixing ebook prices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major publishers #justice department


Bookshops bypassed by academic publishers

Tensions between academic booksellers and publishers are likely to heighten following the... Continue reading at The Bookseller

[ The Bookseller | 2012-03-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academic publishers #academic booksellers


U.S. reportedly warns Apple, ebook publishers about price-fixing

The U.S. Justice Department has warned Apple Inc. and five top book publishers that lawsuits over alleged ebook price fixing might be in the offing, according to a report in the Wall Street Journal. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook publishers #justice department #warned apple


Publishers warned on ebook prices

Five US publishers are being threatened with legal action over the way they set prices for electronic books according to reports. Continue reading at BBC World

[ BBC World | 2012-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers warned #ebook prices #legal action #set prices #electronic books


U.S. Warns Apple, Publishers

The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter. Continue reading at AllThingsD

[ AllThingsD | 2012-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #justice department #warned apple #allegedly colluding #electronic books #people familiar


McDermid backs value of publishers

Little, Brown author Val McDermid has backed the role of publishers, as children's laureate... Continue reading at The Bookseller

[ The Bookseller | 2012-03-07 00:00:00 UTC ]
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The Amazon Paradox: Coming to Terms With Publishing's Colossus

Despite consumer uncertainty in buying online, and publisher uncertainty in partnering with Amazon, ebooks sales are dominating the market. Continue reading at The Atlantic

[ The Atlantic | 2012-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buying online