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 ]
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Ad spending for the 200 biggest U.S. advertisers rose a solid 8% in 2022. Internet companies from Amazon to Ally drove ad spending growth, and digital media grabbed the lion's share of budgets for blue-chip marketers. Budgets could come under pressure amid looming signs of recession. Continue reading at Advertising Age
[ Advertising Age | 2023-06-26 09:45:00 UTC ]
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Six months after the beloved literary magazine Bookforum announced its December 2022 issue would be its last, the Nation announced its resurrection. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-06-24 00:21:58 UTC ]
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After ceasing publication in December 2022, the literary quarterly will resume operations under the stewardship of the 'Nation' while remaining editorially independent. The first issue of the relaunched 'Bookforum' will appear in August. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-22 04:00:00 UTC ]
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The problem with studying the universe around us is that it is simply too big. The stars overhead remain too far away to interact with directly, so we are relegated to testing our theories on the formation of the galaxies based on observable data. Simulating these celestial bodies on computers... Continue reading at Engadget
[ Engadget | 2023-06-18 15:30:05 UTC ]
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As the government passed landmark legislation for the arts, it was jarring to see the national broadcaster take steps in the other directionGet Guardian Australia’s weekend culture and lifestyle emailIt’s been a momentous week for the arts in Australia: a nation electrified by creative work... Continue reading at The Guardian
[ The Guardian | 2023-06-16 15:00:05 UTC ]
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You get free stuff, you get free travel, you get the nifty cool title of "brand ambassador," what's not to love about being an internet influencer? There's the consequences, for one. Not even just the warranted consequences of your actual actions, mind you, but also those arriving unbidden based... Continue reading at Engadget
[ Engadget | 2023-06-11 14:30:57 UTC ]
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Abrams Books has made an unspecified number of job cuts this week, with some speculating that cuts were in the double digits. The company declined to comment on the size of the workforce reduction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
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We Americans love to have ourselves a big old time. It's not just our waistlines that have exploded outward since the post-WWII era. Our houses have grown larger, as have the appliances within them, the vehicles in their driveways, the income inequalities between ourselves and our neighbors, and... Continue reading at Engadget
[ Engadget | 2023-06-04 14:30:20 UTC ]
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Some of us do our best thinking in the shower, others do it while on the toilet. Renee Descartes, he pondered most deeply while ensconced in a baker's oven. The man simply needed to be convinced of the oven's existence before climbing in. Such are the quirks of the most monumental minds humanity... Continue reading at Engadget
[ Engadget | 2023-05-28 14:30:30 UTC ]
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CNET, the venerable tech site which began publication nearly 30 years ago, has become the latest digital media company whose staff have chosen to band together and demand more. The CNET Media Worker's Union (CMWU) today sent a letter to Red Ventures, the private equity concern which purchased... Continue reading at Engadget
[ Engadget | 2023-05-16 16:13:18 UTC ]
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Seemingly overnight, Sam Bankman-Fried, the founder of FTX, went from cryptocurrency wunderkind to wanted for questioning by the FBI. After years of unfettered success, the walls of SBF's blockchain empire came crumbling down around him as his tricky financial feats failed and his generalized... Continue reading at Engadget
[ Engadget | 2023-05-14 14:30:33 UTC ]
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Maria Isabel Sánchez Vegara’s book, illustrated by Matt Hunt, is the first of the Little People, Big Dreams series to top the standingsA children’s biography of King Charles III has topped the UK book chart before the coronation on 6 May.Maria Isabel Sánchez Vegara’s King Charles is part of the... Continue reading at The Guardian
[ The Guardian | 2023-05-05 09:57:25 UTC ]
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Since releasing a book earlier this month, Rep. Katie Porter has been everywhere trying to pump sales. The tour has had the added effect of boosting her U.S. Senate bid. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-05-02 12:00:49 UTC ]
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If the more than 100 bills in state legislatures aiming to ban books fail, lawmakers want to cut library budgets — which could mean cuts to resources for America's most vulnerable. Continue reading at HuffPost
[ HuffPost | 2023-04-28 09:45:11 UTC ]
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As part of a plan to cut 5% of its North American workforce force by June 30, HarperCollins has closed its Harper Design imprint this week, among other layoffs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-28 04:00:00 UTC ]
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Long a fixture of checkout queues and newsstand kiosks, the celebrity news publisher The National Enquirer will soon bring its salacious storytelling online for the first time in its 96-year-old history. The publisher, along with its sister sites Globe, National Examiner and The National... Continue reading at AdWeek
[ AdWeek | 2023-04-20 11:59:40 UTC ]
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“ALA calls on readers everywhere to show our commitment to the First Amendment by doing something concrete to preserve it,” said ALA president Lessa Kanani'opua Pelayo-Lozada. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-20 04:00:00 UTC ]
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Just a few short weeks after Nielsen CEO David Kenny told Adweek the company was "making real progress" on earning back its accreditation status, the Media Rating Council lifted its suspension imposed in 2021. Top line The MRC first stripped Nielsen's accreditation of its national ratings in... Continue reading at AdWeek
[ AdWeek | 2023-04-17 15:00:00 UTC ]
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The latest celebration of emerging literary talent brings thrills, charm and emotional punch to the page. But this new generation have taken an inward turn compared with the more worldly themes of bygone yearsEvery decade since 1983, an editor of the literary quarterly Granta has tasked a panel... Continue reading at The Guardian
[ The Guardian | 2023-04-16 06:00:03 UTC ]
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The winners of the United States' '5 Under 35' honors are 34 or younger and are chosen by selectors for the National Book Foundation. The post US National Book Foundation Names Its ‘5 Under 35’ Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-04-06 16:25:09 UTC ]
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