Medium founder and CEO Ev Williams disclosed today in a blog post that his four-and-a-half-year-old company is eliminating 50 jobs and shutting down offices in New York and Washington, D.C. In a philosophical letter to the public, he recounted how his team's ultimate goals had gotten off course thanks to the monetization model known as advertising. "We set out to build a better publishing platform—one that allowed anyone to offer their stories and ideas to the world and that helped the great ones rise to the top," Williams wrote. "In 2016, we made big investments in teams and technology aimed at attracting and migrating commercial publishers to Medium. And in order to get these publishers paid, we built out and started selling our first ad products. This strategy worked in terms of driving growth, as well as improving the volume and consistency of great content." While it appears Medium is doing away with its sponsored posts ads product, he wrote that 2016 was his company's best year in terms of key metrics. For instance, published posts jumped roughly 300 percent year over year, and monthly visitors reportedly reached 60 million in December, representing a 140 percent year-over-year increase. Medium, a digital storytelling platform, has even attracted scores of public figures—most notably President Barack Obama—to get their messages out. Meanwhile, publishers of all sizes have been able to try to make money off their Medium stories, which have been sponsored in... Continue reading at 'AdWeek'
[ AdWeek | 2017-01-05 00:00:00 UTC ]
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In “Welcome to Dunder Mifflin,” Baumgartner and producer Ben Silverman explore the iconic Scranton workplace Continue reading at The Washington Post
[ The Washington Post | 2021-11-13 13:00:00 UTC ]
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Uwem Akpan’s novel follows Ekong — whose name means war — as he travels to the United States. Continue reading at The Washington Post
[ The Washington Post | 2021-11-02 17:31:46 UTC ]
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The best-seller lists as we know them today have their roots in the Aug. 9, 1942, issue — but the Book Review has been tracking sales for much longer than that. Continue reading at The New York Times
[ The New York Times | 2021-10-21 14:55:10 UTC ]
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After a year’s hiatus due to the Covid-19 pandemic, New York Comic Con returned to New York City's Javits Convention October 7-10, and welcomed back thousands of fans to the newly expanded convention center. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-19 04:00:00 UTC ]
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Mr. Kristof, a two-time Pulitzer Prize winner, is weighing a run for governor of Oregon, the state where he grew up. Continue reading at The New York Times
[ The New York Times | 2021-10-14 12:08:45 UTC ]
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Supply chain specialist Woodland Group has acquired 50% of logistics company Worldwide Book Services, Continue reading at The Bookseller
[ The Bookseller | 2021-10-14 10:19:35 UTC ]
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New York Comic Con returned to the Javits Convention October 7-11, welcoming back tens of thousands of fans to the newly expanded convention center. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-12 04:00:00 UTC ]
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Revelations about exaggerated audience sizes helped sink the star-studded digital news outletAll the right boxes looked to have been ticked when digital media company Ozy began. Launched in 2013 with the intention of shaking up both online and broadcast journalism, the American startup quickly... Continue reading at The Guardian
[ The Guardian | 2021-10-03 07:00:21 UTC ]
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The digital media start-up had come under scrutiny for its business practices after articles in The Times. Continue reading at The New York Times
[ The New York Times | 2021-10-02 01:54:04 UTC ]
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An in-depth report into the publishing industry, and how accessible it is to those with disabilities, shows there is much work to do to make the book trade truly reflective of society Continue reading at The Bookseller
[ The Bookseller | 2021-09-26 08:40:19 UTC ]
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A virtual memorial service for Scholastic's beloved chairman, president, and CEO, Dick Robinson, featured a mix of speakers eulogizing him, including celebrities, authors, company executives, and employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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The Nigerian writer, the first sub-Saharan winner of the Nobel Prize, discusses 'Chronicles from the Land of the Happiest People on Earth.' Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-09-23 13:00:36 UTC ]
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W H Allen will publish The 1619 Project: A New American Origin Story, created by Pulitzer Prize-winning journalist Nikole Hannah-Jones and the New York Times Magazine. Continue reading at The Bookseller
[ The Bookseller | 2021-09-09 11:16:58 UTC ]
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Canongate has signed the first Radiohead books from lead vocalist Thom Yorke and artist Stanley Donwood. Continue reading at The Bookseller
[ The Bookseller | 2021-09-07 15:39:20 UTC ]
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“Happy Hour,” a debut novel by Marlowe Granados, follows a pair of thrifty, stylish and nimble young women navigating the big city. Continue reading at The New York Times
[ The New York Times | 2021-09-07 09:00:04 UTC ]
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Watching local channels just got a lot more expensive unless you can use an antenna. Locast, a nonprofit service that used a loophole in copyright law to stream local TV channels on the cheap, delivered a blow to cord cutters this week by abruptly suspending its operations.Read Full Story Continue reading at Fast Company
[ Fast Company | 2021-09-02 15:10:40 UTC ]
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A new paid externship program aims to entice students from underrepresented groups to consider a career in educational publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-26 04:00:00 UTC ]
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Penguin Random House will require staff to wear masks “at all times and in all areas, including inside offices” in the US, but the firm's UK employees will follow a different policy. Continue reading at The Bookseller
[ The Bookseller | 2021-08-25 05:32:23 UTC ]
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In the run-up to COP26, the Springer Nature Group creates a Climate Action Officer position as it works with the SDG Publishers Compact. The post Springer Nature Appoints a ‘Climate Action Officer’ for Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-24 14:16:55 UTC ]
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Fifty bookshops, including independents and selected Waterstones across the UK and Ireland, are opening early on 7th September to mark the publication of Sally Rooney's new novel Beautiful World, Where Are You. Continue reading at The Bookseller
[ The Bookseller | 2021-08-23 17:19:48 UTC ]
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