Modern Luxury Media Furloughs Staff, Combines Issues

Modern Luxury Media, publisher of more than 40 high-end regional lifestyle magazines, has furloughed a significant number of staffers across the company through at least the end of June as a result of the COVID-19 pandemic. CEO Michael Dickey—who noted that he and other executives are forgoing their salaries entirely while employees are furloughed—declined to share specific numbers, but said employees impacted include those in editorial, design, production, circulation and finance, as well as the company's entire marketing department. Citing an inability to put on events amid widespread shelter-in-place orders, as well as interruptions to its distribution model, which depends heavily on retail outlets, Dickey said the company has been forced to operate with a reduced headcount across all of its titles, with the lone exception being Hamptons magazine, which will move ahead with its Memorial Day issue next month and continue to operate as usual. In the meantime, the rest of the company's magazines, from Boston Common to Michigan Avenue to Modern Luxury San Diego, will be producing a singular, special edition May/June "Hope Issue," which Dickey said will focus on "both local and national heroes who have been selflessly innovative in supporting their neighbors," adding that it's the first time in Modern Luxury's history that identical print issues will appear in all of its markets (apart from Hamptons). "The horrible thing about it is that we were having our best year within... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-04-14 18:53:14 UTC ]
News tagged with: #michigan avenue #special edition #sales teams #home delivery #taking place

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Microsoft Mulling Nook Media LLC Purchase For $1 Billion

Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we’ve obtained. In this plan, ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-09 00:00:00 UTC ]
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‘Inferno’ Heats Up Social Media

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[ Publishers Weekly | 2013-05-04 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-05-01 00:00:00 UTC ]
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[ The Bookseller | 2013-04-29 00:00:00 UTC ]
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Why the Traditional Advertiser-Media Sales Rep Relationship Is Dead

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Jane Goodall book postponed after plagiarism issues raised

Primatologist Jane Goodall and publisher Grand Central announced they will delay publication of Goodall's forthcoming book "Seeds of Hope" amidst accusations that certain passages were plagiarized. Primatologist Jane Goodall and publisher Grand Central have announced they will delay publication... Continue reading at Los Angeles Times

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Newspaper Advertising In China Is Being Affected By New Media, Too

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[ Editor & Publisher | 2013-03-04 00:00:00 UTC ]
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[ Engadget | 2013-02-25 00:00:00 UTC ]
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[ Editor & Publisher | 2013-02-14 00:00:00 UTC ]
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3 Epiphanies About Social Media Marketing for Books

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