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 ]
News tagged with:
#layoffs loom
#show signs
#$250 million
#$50 million
The complicated life of Elias Demetracopoulos, who had as many detractors as sources. Continue reading at The Washington Post
[ The Washington Post | 2020-09-11 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#complicated life
Bookshop.org, a retail site billed as a way for indies to counter Amazon’s online dominance, is coming to the UK in time for Christmas after smashing its US sales targets since launching in late January. Continue reading at The Bookseller
[ The Bookseller | 2020-09-11 06:49:17 UTC ]
More news stories like this | News stories tagged with:
#counter amazon
#online dominance
#late january
Seven’s objections include weaker squads and reduced crowdsSummer without cricket on free-to-air TV loomsThe spectre of a summer without cricket on free-to-air TV has cast a shadow over the upcoming season amid reports Seven West Media has begun the process of cancelling its contract with... Continue reading at The Guardian
[ The Guardian | 2020-09-11 02:30:20 UTC ]
More news stories like this | News stories tagged with:
#legal letter
#news corp
An internal report on workforce demographics at Penguin Random House shows that 78% of PRH non-warehouse employees are white. In addressing the report, PRH U.S. CEO Madeline McIntosh said the company is determined to make its workforce "reflect the demographics of American society.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-09 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#workforce demographics
#american society
#penguin random house
National papers missing from some newsagents after protest over climate crisis coverageFour major national newspapers including the Sun and the Daily Mail were missing from some newsagents’ shelves on Saturday morning after members of Extinction Rebellion blockaded two UK printworks owned by... Continue reading at The Guardian
[ The Guardian | 2020-09-05 05:55:14 UTC ]
More news stories like this | News stories tagged with:
#daily mail
#saturday morning
#rupert murdoch
#friday evening
#ecological emergency
#news corp
ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann's chief says he's interested. The post Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-09-02 18:34:05 UTC ]
More news stories like this | News stories tagged with:
#post report
#sale process
#simon schuster
#bertelsmann
In the wake of significant executive and editorial layoffs at DC Comics, Daniel Cherry, formerly chief marketing officer at Activision Blizzard Esports, has been named senior v-p and general manager of the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#dc comics
#general manager
Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller
[ The Bookseller | 2020-09-01 10:51:49 UTC ]
More news stories like this | News stories tagged with:
#global revenues
#30th june
#penguin random house
#bertelsmann
With this year’s Independent Bookstore Day occurring at a particularly rough time for booksellers, the iconic Powell’s Books in Portland has decided to make a statement and stop selling through Amazon. In a statement, owner Emily Powell notes that the occasion, this year, feels “especially... Continue reading at Literrary Hub
[ Literrary Hub | 2020-08-27 19:29:44 UTC ]
More news stories like this | News stories tagged with:
#stop selling
#independent bookstore
In “I Promise,” LeBron James and the illustrator Nina Mata give hope to kids when they need it most. Continue reading at The New York Times
[ The New York Times | 2020-08-20 09:00:01 UTC ]
More news stories like this | News stories tagged with:
#lebron james
#children’s book
San Antonio-based cloud services company Rackspace Technology Inc. could get investment from Seattle-based tech giant Amazon.com Inc., according to a Reuters report citing an anonymous source close to the deal. Amazon (Nasdaq: AMZN) would acquire a minority stake in Rackspace (Nasdaq: RXT) in... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-08-17 16:02:51 UTC ]
More news stories like this | News stories tagged with:
#amazon plans
#minority stake
#apollo global management llc
LinkedIn offloaded presentation-sharing service SlideShare to ebook and audiobook platform Scribd for an undisclosed price. The professional network acquired SlideShare for $118.75 million in May 2012. Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd... Continue reading at AdWeek
[ AdWeek | 2020-08-12 14:55:00 UTC ]
More news stories like this | News stories tagged with:
#undisclosed price
#general terms
#privacy policy
#audiobook
Podcast and video business with more than 100,000 subscribers sold to All3Media-owned firmBroadcaster Dan Snow has sold his Netflix-style streaming service and popular podcast business to Little Dot Studios, the digital content firm owned by Fleabag and 1917 producer All3Media.Snow, a favourite... Continue reading at The Guardian
[ The Guardian | 2020-08-11 11:47:47 UTC ]
More news stories like this | News stories tagged with:
#video business
#digital content
Newly named IDW publisher Jud Meyers, who was placed on administrative leave less than a week after being promoted to the position, has reportedly been fired. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-10 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#idw publishing
Lesley M.M. Blume tells the story of John Hersey’s influential article on the bomb’s aftermath. Continue reading at The Washington Post
[ The Washington Post | 2020-08-07 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#john hersey
Calling his ownership and management of The Bookseller 'the greatest privilege of my working life,' Nigel Roby sells The Stage's Hugh Comerford. The post Nigel Roby Sells the UK’s ‘The Bookseller’ to Stage Media Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-08-07 09:05:55 UTC ]
More news stories like this | News stories tagged with:
#working life
#bookseller
Having risen by a slim 1.1 percent over 2018, the United States' book industry logged $25.63 billion in overall annual revenue in 2019. The post US Market Statistics: The AAP StatShot Annual Report for 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-07-31 15:51:24 UTC ]
More news stories like this | News stories tagged with:
#annual revenue
#book industry
In mid-March, Major League Baseball, the National Basketball Association, the National Hockey League, and Major League Soccer issued a joint statement: members of the media would henceforth be barred from locker rooms and clubhouses, to help prevent the spread of the coronavirus. The leagues... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-07-28 12:21:27 UTC ]
More news stories like this | News stories tagged with:
#joe biden
[caption id="attachment_103859" align="alignright" width="192"] Troy Young[/caption] Hearst has parted ways with the president of its magazines division, Troy Young, the company said Thursday, a day after a report in The New York Times described multiple complaints of "bullying or harassing... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
More news stories like this | News stories tagged with:
#appeared defiant
#greatly exaggerated
#racial discrimination
#general apology
#female coworkers
#work overhauling
#run separately
#print side
#businesses earned
#joanna coles
#widely speculated
#rival candidate
#carey returned
#elected chairman
#marie claire
#hearst
Hearst initially stood by Young amid allegations of inappropriate behavior, but later announced he was resigning effective immediately. The post Hearst Magazines President Troy Young Resigns After NYT Report appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
More news stories like this | News stories tagged with:
#inappropriate behavior
#hearst