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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My memoir is not unique. But only in the sense that my story unfolds with New York City as the backdrop, where so many other stories have unfolded and will continue to unfold long after I’m gone. That’s the beauty of this multilayered city: it unravels you, and no one’s unraveling is alike. Yes,... Continue reading at Electric Literature
[ Electric Literature | 2020-08-25 11:00:12 UTC ]
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Michael Cohen's memoir about U.S. President Donald Trump will be released Sept. 8 by Skyhorse Publishing, which confirmed the news on Thursday. Continue reading at CBC
[ CBC | 2020-08-14 12:29:48 UTC ]
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ReedPop, organizer of New York Comic Con, scheduled to be held October 8-11 at the Javits Convention Center, has canceled the annual in-person 2020 event and plans to partner with YouTube to produce an all-digital version of the giant pop culture convention. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-12 04:00:00 UTC ]
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The show is partnering with YouTube for the con, which is usually at the Jacob K. Javits Convention Center. Continue reading at The New York Times
[ The New York Times | 2020-08-11 17:11:03 UTC ]
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HBG CEO Michael Pietsch said that the publisher will not reopen its Manhattan and other offices until further notice and that company employees will receive a six week notice ahead of any office reopenings. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Waterstones has announced the permanent closure of its bookshop in the Centre MK Shopping Centre, Milton Keynes, over “excessive” rent demanded from its landlord. Continue reading at The Bookseller
[ The Bookseller | 2020-08-04 18:17:36 UTC ]
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Following a survey of its workforce gauging employee experience with working remotely and reaction to the prospect of returning to its Manhattan offices, Penguin Random House US has confirmed that it will not return to its offices "until sometime next year." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Review of ‘True Crimes and Misdemeanors: The Investigation of Donald Trump” by Jeffrey Toobin Continue reading at The Washington Post
[ The Washington Post | 2020-07-30 07:51:15 UTC ]
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Waterstones has announced it is making a number of redundancies at its London Piccadilly head office. Continue reading at The Bookseller
[ The Bookseller | 2020-07-28 20:30:55 UTC ]
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At Cosmopolitan staff meetings, workers complain of discrimination and tokenism. Former employees say Hearst Magazines president Troy Young made sexually offensive remarks. Continue reading at The New York Times
[ The New York Times | 2020-07-22 15:31:50 UTC ]
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The owners of Greenlight Bookstore, which has two Brooklyn locations, came forward this week to take responsibility for “negative experiences of Black customers and employees in our stores” with a commitment to improving. In an open letter published Wednesday, co-owners Rebecca Fitting and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-10 16:24:01 UTC ]
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The following is excerpted from The Great Gatsby: The Graphic Novel. * __________________________________ From The Great Gatsby: The Graphic Novel by F. Scott Fitzgerald. Copyright © 1925 by Charles Scribner’s Sons. Copyright renewed 1953 by Frances Scott Fitzgerald Lanahan. Adapted Text and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-09 08:47:44 UTC ]
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New York-based Veritas Equity and Leeds Equity Partners consolidated multiple large education technology firms to form Anthology, based in Boca Raton. The company made it official this week after the private equity companies acquired Boca Ration-based Campus Management; Campus Labs in Buffalo,... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-07-07 18:29:21 UTC ]
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Mo Willems, Kyo Maclear, and other children’s book authors on what Arnold Lobel’s series means to them. Continue reading at Slate
[ Slate | 2020-07-03 14:30:00 UTC ]
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Two of the oldest and most respected radical English-language publishers have managed to be more relevant than ever by staying true to their roots. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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Two of the oldest and most respected radical English-language publishers have managed to be more relevant than ever by staying true to their roots. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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One hundred and fifty members of staff at W H Smith's head offices in London and Swindon have entered redundancy consultations, the retailer has confirmed to The Bookseller. Continue reading at The Bookseller
[ The Bookseller | 2020-07-02 04:43:21 UTC ]
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The Board of Trustees of the Southern Newspaper Publishers Association Foundation elected a new slate of officers for 2020-2021 at Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-06-17 22:27:51 UTC ]
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It may come as a surprise, but when I heard about the lockdown, the anxiety that the world seemed to be feeling did not grip me. I never felt worried or confined by the limitations placed on us. For introvert like me, it felt like a long weekend with the same cycle of activities consisting of... Continue reading at The Bookseller
[ The Bookseller | 2020-06-17 05:58:38 UTC ]
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Hachette UK has revealed plans to open new offices in Edinburgh, Newcastle, Manchester, Sheffield and Bristol over the next 12 months, following a year-long consultation with staff who have volunteered to relocate. Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 21:58:40 UTC ]
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