Subscription-based sports startup The Athletic has laid off several-dozen staffers and implemented company-wide pay cuts on Friday, while several editors, writers and producers at Vox Media's sports site SB Nation have accepted buyouts. In total, 46 staffers were laid off at The Athletic, a figure confirmed by basketball writer Brett Dawson, who said he was among those let go. That amounts to about 8% of the The Athletic's staff, the company said. "With sports on pause due to the ongoing pandemic, today we made the difficult decision to reduce the size of our staff in select coverage areas, affecting approximately eight percent of employees," The Athletic said in a statement. "While we are hopeful that sports will soon resume, this measure was necessary to ensure that the company can weather the uncertainty that lies ahead. Overall, our subscriber base remains steady and we are proud of our newsroom's continuing coverage of the return of sports." Axios, which first reported the news Friday afternoon after obtaining an internal memo, adds that those laid off will be given four weeks of severance pay, and that "most" employees remaining with the site will be taking a 10% pay cut for the rest of the year, with those earning more than $150,000 subject to higher cuts. It's unclear which coverage areas, specifically, The Athletic chose to cut from, but writers covering the NBA, NFL and college football are confirmed to be among those impacted. Meanwhile, numerous editorial... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-06-05 17:49:09 UTC ]
“Facebook makes me despise many of my friends and Twitter makes me hate the rest of the world,” Gawker founder Nick Denton said.The publishing pioneer, who connected with fellow bloggers at South by Southwest in the early days of web publishing, returned to the festival Sunday to reflect on the... Continue reading at PC World
[ PC World | 2017-03-13 00:00:00 UTC ]
More news stories like this
New Press will release three edited collections this spring that will examine the recently-concluded presidential election and what likely lies ahead for the country under the Trump administration. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-25 00:00:00 UTC ]
More news stories like this
The era of the living room computer finally has its last—and maybe most important—piece: Lapboards. Razer’s Turret finally shipped in late April and today Corsair announced that its competing Lapdog ($120 on Newegg) is available for purchase.It’s been a long time coming. We’ve been seeing... Continue reading at PC World
[ PC World | 2016-05-26 00:00:00 UTC ]
More news stories like this
Sourcepoint, a New York-based content compensation platform for publishers, recently released new data on the effects of ad blockers on its clients' sites. "As the threat of ad blocking is becoming more prevalent, publishers are working hard to identify sustainable ways of being compensated for... Continue reading at AdWeek
[ AdWeek | 2016-01-19 00:00:00 UTC ]
More news stories like this
Vox Media -- the digital publisher behind sites like The Verge, SB Nation and Vox.com -- has opened a department in Los Angeles aimed at making more digital video and, possibly, traditional TV.As Vox Creative Director Chad Mumm told The Hollywood Reporter about the new Vox... Continue reading at Advertising Age
[ Advertising Age | 2015-03-12 00:00:00 UTC ]
More news stories like this
Time Inc., the nation's largest magazine publisher, is reorganizing its executive suite.Executive VP Evelyn Webster, who oversees the company's lifestyle titles including InStyle, will assume responsibility of Time Inc.'s entire U.S. portfolio, excluding People and Entertainment Weekly,... Continue reading at Advertising Age
[ Advertising Age | 2014-12-03 00:00:00 UTC ]
More news stories like this
On the heels of last week's announcement about its new German-language publishing program, Amazon has said, in an internal memo from Jeff Belle, that the company plans to hire 70 more staffers for its publishing programs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-19 00:00:00 UTC ]
More news stories like this