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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ALA Report 2012

It was an upbeat annual conference for the American Library Association in Anaheim, Calif., highlighted by the awarding of the Andrew Carnegie Medal for Excellence, the ALA’s first-ever book award for adult fiction and nonfiction. But with the release of a new Pew report and a pilot project... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-06-29 00:00:00 UTC ]
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PA welcomes select committee report on Hargreaves

The Publishers Association has welcomed the Business, Innovation and Skills Select Committee... Continue reading at The Bookseller

[ The Bookseller | 2012-06-27 00:00:00 UTC ]
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Carly Simon sells long-awaited memoir

Carly Simon, the singer and songwriter who has had a rocky life and a storied career, has sold her autobiography to Random House for a sum in the seven figures, according to a person familiar with the deal. Ms. Simon, the author of several children's books, is writing the memoir herself. It's... Continue reading at Crains New York

[ Crains New York | 2012-06-02 00:00:00 UTC ]
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GfK MRI Spring 2012 Report Reveals a 1.7 Percent Decline in Print Readership

GfK MRI's latest Survey of the American Consumer reveals an unsurprising drop-off in print readership, along with a glimmer of hope from digital editions. Continue reading at Folio Magazine

[ Folio Magazine | 2012-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest survey #digital editions


HuffPo to help brands make their own sites

The Huffington Post is expanding the way it works with brands in an effort to cash in on the popular brand-as-publisher trend, Ad Age has learned. The company, part of AOL, has been talking to ad agencies and marketers about helping them build websites for brands and subsequently aiding in... Continue reading at Crains New York

[ Crains New York | 2012-05-23 00:00:00 UTC ]
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Waterstones to sell Amazon Kindle

UK bookseller Waterstones plans to sell Amazon's Kindle ebook reader and other Kindle digital services. Continue reading at BBC News

[ BBC News | 2012-05-21 00:00:00 UTC ]
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UK bookseller Waterstones to start selling Kindles

The UK's biggest bookstore chain has announced that it will start selling Kindles alongside other digital services from Amazon. Waterstones stores will let Kindle owners digitally browse books in-store and link up with special offers, tying into the chain's plans for substantial renovations that... Continue reading at Engadget

[ Engadget | 2012-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital services #waterstones stores #special offers #opposite direction #kindle sales


Kobo to sell Potter ebooks

Kobo is to join the ranks of physical and online booksellers licensed by Pottermore to sell Harry... Continue reading at The Bookseller

[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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Comma sells Blasim tales to Penguin US

Manchester-based independent Comma Press has sold short story collection The Corpse Exhibition by... Continue reading at The Bookseller

[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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Bertelsmann reports revenue, profit rise

Random House parent company Bertelsmann has reported an increase in revenues in its first quarter... Continue reading at The Bookseller

[ The Bookseller | 2012-05-09 00:00:00 UTC ]
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Pottermore ebook store sells '£3m in first month'

The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller

[ The Bookseller | 2012-05-04 00:00:00 UTC ]
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Wired, Nat Geo Win 2012 Webby Awards for Magazine Site Category

The International Academy of Digital Arts & Sciences announced its 16th annual Webby Award winners this week, honoring “the best of the web” among internet sites, interactive advertising & media, online film & video and mobile & apps. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-02 00:00:00 UTC ]
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Hachette Livre sells its ebook distribution platform

Hachette Livre has sold its ebook distribution platform Numilog to its founder and c.e.o. Denis... Continue reading at The Bookseller

[ The Bookseller | 2012-04-17 00:00:00 UTC ]
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'Fifty Shades of Grey' by E.L. James is selling books (and more)

'Fifty Shades of Grey' by E.L. James and sequels are an ebook and paperback phenomenon that is also causing a sales spike in sex shops. How did it all happen?The staff of the Pleasure Chest, a high-end West Hollywood sex shop, were first tipped to the "Fifty Shades of Grey" phenomenon by their... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #selling books #young woman #west hollywood


Northcliffe Reports 6% Revenue Fall and 13% Cost Reduction

Regional newspaper publisher Northcliffe Media has reported a further six per cent year-on-year decline in like-for-like revenue over the past six months. Parent company Daily Mail and General Trust (DMGT) said in a trading update today that althou ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-04-17 00:00:00 UTC ]
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Reports: Apple Could Face Federal E-Book Suit Today

The Department of Justice may file a suit against Apple today over ebook price-fixing complaints, according to reports from Reuters and Bloomberg. The DOJ has been probing antitrust complaints regarding Apple's 2010 pacts with  book publishers; several of the biggest publishers are preparing to... Continue reading at AllThingsD

[ AllThingsD | 2012-04-11 00:00:00 UTC ]
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Antitrust officials reportedly sue Apple, publishers over ebooks

WASHINGTON -- Antitrust officials are expected to announce Wednesday that they are filing suit against Apple Inc. and five major book publishers for allegedly colluding to fix the price of ebooks. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announce wednesday #filing suit #allegedly colluding


Report: Media/Marketing M&A Up 7 Percent in Q1 2012

The first quarter of 2012 saw a seven percent gain in media and marketing M&A transaction volume from fourth quarter 2011, according to investment advisory firm Berkery Noyes. Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-11 00:00:00 UTC ]
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New Reports Chart the Rise of E-books

Two new reports released in the past 10 days document the ebook market’s rapid growth in the U.S. and the U.K., and suggest that a significant global spike is close at hand. Among the major takeaways from the “Bowker Market Research Global eBook Monitor” or GeM, study, ebooks are beginning to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-04-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook market #rapid growth #major takeaways #latest survey


Pew Report: E-reading on the rise

About a fifth of American adults have read an ebook in the past year, a figure likely helped along by the recent holiday surge in the sale of tablet and e-reader devices, according to a report from the Pew Internet and American Life Project. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pew report #american adults #e-reader devices #pew internet