Layoffs loom for Mashable as site reportedly sells for less than $50M

The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.” Mashable employees are reportedly being let know about their … Continue reading “Layoffs loom for Mashable as site reportedly sells for less than $50M” The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.”Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2017-12-05 00:00:00 UTC ]
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Bookshops report brisk festive trading in annual survey, with almost 60% well up

The Bookseller’s annual Christmas trading survey, backed up by new data from the Booksellers Association, suggests that the majority of indie booksellers had an excellent festive sales period. Continue reading at The Bookseller

[ The Bookseller | 2022-01-16 11:21:18 UTC ]
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French book trade reports 20% sales surge in 2021

The coronavirus pandemic may continue to cloud people’s lives, but it has generated a silver lining for the French book business.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-10 14:15:46 UTC ]
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New York Times to buy subscription sports site the Athletic for $550m

Acquisition of 2016 startup and its 1.2 million subscribers puts newspaper on target for 10 million paid subscriptions The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab... Continue reading at The Guardian

[ The Guardian | 2022-01-06 23:27:19 UTC ]
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The New York Times is buying subscription-based sports site The Athletic

The Athletic, which quickly came to prominence for publishing exclusive reporting and high-quality sports journalism, is getting a new owner. As first reported by The Information, The New York Times has agreed to buy the subscription-based digital media company for $550 million. The deal is... Continue reading at Engadget

[ Engadget | 2022-01-06 17:05:15 UTC ]
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In London, Book Aid International Reports 2021 Operations in 24 Countries

The UK-based Book Aid International introduced its second innovative shipping-container library in 2021, in rural Zanzibar. The post In London, Book Aid International Reports 2021 Operations in 24 Countries appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-06 15:01:13 UTC ]
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OverDrive Reports More than Half a Billion Digital Library Loans in 2021

In exceeding more than 500 million annual lends for the first time, OverDrive's 2021 figures suggest the pandemic has, as librarians have suggested, raised demand for digital content in public libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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The Raven Book Store Owner Sells Large Stake in Store to Seven Employees

Danny Caine, the owner of the Raven Book Store in Lawrence, Kans., has sold a 49% stake in the 35-year-old bookstore to a group of seven employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-04 05:00:00 UTC ]
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The tech industry's accessibility report card for 2021

In spite of all the advancements we’ve seen in tech, the industry as a whole has consistently neglected people with disabilities. There have been some improvements, including video call apps like FaceTime, Zoom, Microsoft Teams, Google Hangouts and more adding better support for sign language... Continue reading at Engadget

[ Engadget | 2021-12-31 21:00:34 UTC ]
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New York's library e-book licensing bill vetoed as Maryland challenge looms

The Association of American Publishers (AAP) has welcomed the decision by New York Governor Kathy Hochul to veto a bill that would have forced publishers and authors to grant e-book licences to libraries under state-imposed terms. Continue reading at The Bookseller

[ The Bookseller | 2021-12-31 06:31:54 UTC ]
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Best-Selling Debut Novels Are the Bald Eagles of the Book World

Unless an author is a household name or has a celebrity endorsement, the hardcover fiction list can be elusive for first-timers. Continue reading at The New York Times

[ The New York Times | 2021-12-23 10:00:01 UTC ]
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Vivendi denies plans to sell off Editis after Lagardère takeover

Vivendi has denied a report that it plans to sell off Editis, France’s second largest book publisher, after it takes over Lagardère, owner of market leader Hachette Livre, French trade magazine Livres Hebdo has reported. The newsletter La Lettre A reported on Wednesday (22nd December) that... Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 07:07:12 UTC ]
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Inaugural city report on Asian, Pacific Islander health sheds light on disparities

Plus: Pfizer to buy immuno-inflammatory drugmaker in $6.7 billion deal Weill Cornell receives $5.6M gift from Barnes & Noble founder for Black scholarships Panel preview: Who gets to... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2021-12-14 10:30:00 UTC ]
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Anne Rice, best-selling novelist who helped launch a vampire revival, dies at 80

Her first novel, “Interview With the Vampire,” launched a blockbuster book series and was adapted into a movie starring Brad Pitt and Tom Cruise. Continue reading at The Washington Post

[ The Washington Post | 2021-12-14 00:33:11 UTC ]
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Why is Agatha Christie the Best-Selling Author of All Time?

Agatha Christie, the Queen of Mystery, is the best-selling novelist of all time. What makes her work so timeless? Continue reading at Book Riot

[ Book Riot | 2021-12-06 11:40:00 UTC ]
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Jakucho Setouchi, Buddhist nun and best-selling Japanese author, dies at 99

She wrote a modern translation of "The Tale of Genji," one of Japan's most celebrated novels. Continue reading at The Washington Post

[ The Washington Post | 2021-11-30 02:12:35 UTC ]
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University presses report robust year despite challenges of the pandemic

University presses have had to adapt to the challenges brought on by Covid-19 and delays in the supply chain but many are making the most of new opportunities.     Continue reading at The Bookseller

[ The Bookseller | 2021-11-26 19:13:57 UTC ]
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Wilbur Smith, Best-Selling Author of Swashbuckling Novels, Dies at 88

His books were full of lovers, dysfunctional families, pirates and hunters, and set in locations from ancient Egypt to colonial Africa. They sold in the millions. Continue reading at The New York Times

[ The New York Times | 2021-11-19 23:10:00 UTC ]
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Sharjah Reports 1.69 Million Attendees at 40th International Book Fair

The public-facing 40th Sharjah International Book Fair's 11-day run drew close to 1.7 million attendees and 1,632 exhibitors. The post Sharjah Reports 1.69 Million Attendees at 40th International Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-16 11:39:14 UTC ]
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Wilbur Smith, best-selling author of African adventure tales, dies at 88

His novels — filled with bloodshed and bodice ripping — sold more than 140 million copies. Continue reading at The Washington Post

[ The Washington Post | 2021-11-16 01:36:30 UTC ]
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Editors and agents laud actors’ impact on audio editions as spectre of AI looms

Figures from across the trade discuss the importance of securing professional voice artists to create a slick listening experience, as automated voice development continues apace.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-11 20:41:18 UTC ]
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