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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Consumer Reports Bundles iPad Sub with Print Edition

Consumer Reports is joining the ranks of publishers offering iPad subscriptions bundled at no extra cost to its print subscribers, beginning with its January 2012 issue, set to hit newsstands next week. Continue reading at Folio Magazine

[ Folio Magazine | 2011-12-01 00:00:00 UTC ]
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New Midpoint Web Site Gives Clients Access to Data

Midpoint Trade has rolled out a new upgraded Web site, called Midpoint Access, with a focus on providing more sales transparency to its distribution clients. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-11-28 00:00:00 UTC ]
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German Catholic Church to sell Wetbild

Germany’s Catholic Church has announced this week its intention to sell Weltbild, one of... Continue reading at The Bookseller

[ The Bookseller | 2011-11-24 00:00:00 UTC ]
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Reports: Publisher, Top Editors Out At Newsweek/Daily Beast

Ray Chelstowski--who joined Newsweek/Daily Beast as publisher in January as part of the new joint management team--is out while executive editor Edward Felsenthal and managing editor Tom Weber have both resigned, according to sources including The New York Times and Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-15 00:00:00 UTC ]
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Cole becomes 15th member of £50m club

Written By: Philip Stone and Charlotte Williams Publication Date: Wed, 09/11/2011 - 15:54 Martina Cole has become the first British female adult-audience novelist to surpass the £50m sales mark since records began. Thanks to the solid sales of her 18th thriller, The Faithless (Headline), which... Continue reading at The Bookseller

[ The Bookseller | 2011-11-09 00:00:00 UTC ]
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Stelling sells his football stories to Headline

Written By: Charlotte Williams Publication Date: Fri, 04/11/2011 - 11:01 Headline has acquired the next book by “Soccer Saturday” presenter Jeff Stelling, with the Sky Sports football pundit moving with his editor Jonathan Taylor from HarperSport. Publishing director Taylor bought world... Continue reading at The Bookseller

[ The Bookseller | 2011-11-04 00:00:00 UTC ]
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Cashmore Offers Peek at Mashable Model

New York—Mashable has come a long way from its beginnings as a Wordpress blog that a 19-year-old Pete Cashmore launched as a way to connect with his peers and learn about social media and tech as he went along. Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-03 00:00:00 UTC ]
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Jobs biog sells 379,000 copies Stateside

Written By: Philip Stone Publication Date: Wed, 02/11/2011 - 14:00 Walter Isaacson's biography of Apple co-founder Steve Jobs sold 379,000 copies in the US in its first week on bookshop shelves, BookScan US data has revealed. The $35 publication, published by Simon & Schuster in the US,... Continue reading at The Bookseller

[ The Bookseller | 2011-11-02 00:00:00 UTC ]
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Jobs biography sells 379,000 Stateside

Written By: Philip Stone Publication Date: Wed, 02/11/2011 - 14:00 Walter Isaacson's biography of Apple co-founder Steve Jobs sold 379,000 copies in the US in it first week on bookshops shelves, BookScan US data has revealed. The $35 publication, published by Simon & Schuster in the US,... Continue reading at The Bookseller

[ The Bookseller | 2011-11-02 00:00:00 UTC ]
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EUP reports 40% rise in ebook sales

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[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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New Culture Trip site offers world of literature

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[ The Bookseller | 2011-10-25 00:00:00 UTC ]
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Quarto reports 'much improved' third quarter trading

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[ The Bookseller | 2011-10-21 00:00:00 UTC ]
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HC to sell Hello Kitty dictionaries

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[ The Bookseller | 2011-10-18 00:00:00 UTC ]
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Report: Media M&A Flat Through Third Quarter

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[ Folio Magazine | 2011-10-05 00:00:00 UTC ]
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Canongate sells controlling stake in Text Publishing

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[ The Bookseller | 2011-10-03 00:00:00 UTC ]
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Summit Business Media Sells Off Highline Data

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[ Folio Magazine | 2011-09-28 00:00:00 UTC ]
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ACE library report "a disappointment"

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[ The Bookseller | 2011-09-22 00:00:00 UTC ]
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Book Warehouse takes over Travel Bookshop site

Written By: Benedicte Page and Philip Jones Publication Date: Tue, 20/09/2011 - 10:14 The Travel Bookshop premises in Notting Hill will reopen as a bookshop this week after The Book Warehouse acquired the lease to one-half of the building from the Travel Bookshop's founder Sarah Anderson. read... Continue reading at The Bookseller

[ The Bookseller | 2011-09-20 00:00:00 UTC ]
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In E-Books, Publishing Houses Have a Rival in News Sites

Swiftly and at little cost, newspapers, magazines and sites like The Huffington Post are publishing their own version of ebooks. Continue reading at The New York Times

[ The New York Times | 2011-09-19 00:00:00 UTC ]
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John Wiley reports 5% first quarter growth

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[ The Bookseller | 2011-09-08 00:00:00 UTC ]
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