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 ]
News tagged with: #layoffs loom #show signs #$250 million #$50 million

Other Publishing stories related to: 'Layoffs loom for Mashable as site reportedly sells for less than $50M'


Canadian Indies Report Encouraging 2013

Despite the challenge of competing with online booksellers, Canadian independents contacted by PW reported that 2013 was an encouraging year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online booksellers


Times Co. Reports Digital Subscriber Increase, but Continued Ad Declines

The New York Times Company said it added digital subscribers and slowed its declines in print and digital advertising revenue during the fourth quarter of 2013, a year of transition for the newspaper publisher. For all of 2013, revenue from digital ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fourth quarter


Facebook’s Looming Role as Media Kingpin

While Facebook is positioning Paper as a way for publishers to better reach -- and, hopefully, monetize -- mobile readers, Paper may make publishers too dependent on Facebook for traffic. The meteoric rise of sites like Elite Daily, Upworthy and Viral Nova shows how social-savvy publishers can... Continue reading at Digiday

[ Digiday | 2014-02-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make publishers #meteoric rise #elite daily #substantial portion


S&S Unveils Web Site for Biz Book Coverage

250 Words is a "publisher-agnostic" site featuring essays, reviews, and interviews. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
More news stories like this |


Why Publishers Need to Embrace Automated Ad Selling

The president of The Media Kitchen sees private marketplaces gaining traction with top publishers, and that's a good thing.The post Why Publishers Need to Embrace Automated Ad Selling appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top publishers #good thing


ReDigi Gets Patent to Manage and Sell Used E-books

The first online digital marketplace gets the nod for its invention of a system for "copyless" digital transactions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-29 00:00:00 UTC ]
More news stories like this |


BBC faces damning criticism over £100m DMI fiasco in NAO report

• BBC admits it 'got this one wrong'• Executive board 'applied insufficient scrutiny'• 'Governance arrangements … were inadequate'Read the NAO report on the BBC's handling of the DMI projectThe BBC's handling of the £100m Digital Media Initiative fiasco has come in for further criticism, with a... Continue reading at The Guardian

[ The Guardian | 2014-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #single point


PP for Italy’s Giornale della Libreria: Does Social Media Sell?

Publishing Perspectives's latest column for the Italy's Giornale della Libreria looks at whether social media really influences readers to buy books. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest column #buy books


S&S Gets Court Okay to Sell Good Books Titles

The court overseeing the Chapter 7 liquidation of Good Enterprises has approved a motion allowing Simon & Schuster to continue distributing the Good Books titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good enterprises


Guardian Media Group to sell 50.1% stake in Trader Media Group

Guardian, Observer and theguardian.com publisher to invest sale proceeds, thought to be £600m to £700m, in core businessGuardian Media Group is selling its 50.1% stake in Auto Trader owner Trader Media Group to private equity firm Apax Partners in a deal thought to be worth £600m to £700m to the... Continue reading at The Guardian

[ The Guardian | 2014-01-21 00:00:00 UTC ]
More news stories like this |


Barefoot Stops Selling Direct to Bookstores

As part of its transition to a lifestyle company, the Cambridge, Mass.-based publisher terminated its contracts with sales reps. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales reps


Selling Speed Addiction

Are Americans working too hard, too fast, and too chaotically for our own good? Slate books editor Dan Kois was eager to find out when a review copy of Stephanie Brown’s Speed: Facing Our Addiction to Fast and Faster—and Overcoming Our Fear of Slowing Down landed on his desk. So he proposed a... Continue reading at Slate

[ Slate | 2014-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #human life


Good Enterprises Wants S&S to Keep Selling its Books

Christine Shubert, the trustee overseeing the Chapter 7 proceedings of Good Enterprises, has asked the bankruptcy court to give Good Books’ distributor, Simon & Schuster, the authority to continue to sell the company’s titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good enterprises #trustee overseeing #bankruptcy court #simon schuster


Selling Spanish Language Books in the US is a Rewarding Responsibility

Mark Haber of Brazos Bookstore in Houston argues that selling Spanish language books in the US is a challenging responsibility with unexpected rewards. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #brazos bookstore


For Sale or in Flux, a Big Year Looms for Business Magazines

With Forbes for sale, Fortune's website divorcing from CNNMoney.com and Bloomberg Businessweek getting assessed as part of a companywide strategic review at Bloomberg, the year ahead could see a dramatic shift for top business magazines.The category offers a glimpse into the publishing world at... Continue reading at Advertising Age

[ Advertising Age | 2014-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media buyers #high-quality content #revenue streams


Independent bookstores, Amazon all report successful holiday season

Many independent bookstores reported holiday sales as good or better than last year's, while Amazon called the 2013 holiday season its best ever. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores


Why Is Hard News a Hard Sell for Advertisers?

Rob NormanNewspapers and news magazines' print editions are fading. Their readers are literally dying. Other industries have new demography and geography to conquer, but no new generation is acquiring a breakfast-table habit that has persisted for 200 years -- even in Myanmar, where 12 daily... Continue reading at Advertising Age

[ Advertising Age | 2014-01-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hard news #hard sell #print editions


Report: Snapchat exploits can steal your private info, expose you to spam

A group of security researchers has published a pair Snapchat security exploits, claiming the popular social startup has ignored requests to address them since August -- prior to any Facebook acquisition talk. The Gibson Security team is hoping ... Continue reading at Engadget

[ Engadget | 2013-12-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #security researchers


Selling Abroad

Books that showed strong on English language bestseller lists in recent months populated the top spots on foreign charts in November. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling abroad #top spots


ABFFE Defends Right to Sell 'Anarchist,' 'Happy'

Late Thursday afternoon, the American Booksellers Foundation for Free Expression issued a statement defending the right of booksellers to sell The Anarchist Cookbook and Happy Happy Happy. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anarchist cookbook