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 ]
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Media Decoder Blog: Amanda Knox's Ex-Boyfriend Signs Book Deal

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[ The New York Times | 2012-03-16 00:00:00 UTC ]
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Andy Healy promoted to publishing director at Immediate Media

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[ Media Week | 2012-03-12 00:00:00 UTC ]
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[ Editor & Publisher | 2012-03-07 00:00:00 UTC ]
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Jonathan Franzen – this time taking on Twitter – heaps more scorn on social media

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[ The Christian Science Monitor | 2012-03-07 00:00:00 UTC ]
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Association Publishing Priorities, Challenges and Hot-Button Issues for 2012

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[ Folio Magazine | 2012-03-02 00:00:00 UTC ]
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How To Lose Friends And Alienate Twitter Followers: 5 Stupid Social Media Mistakes

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[ Fast Company | 2012-03-01 00:00:00 UTC ]
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GateHouse Media to use SAXOTECH to Manage Print and Digital Content Across Publishing Platforms

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[ Editor & Publisher | 2012-02-28 00:00:00 UTC ]
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[ The New York Times | 2012-02-17 00:00:00 UTC ]
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[ Folio Magazine | 2012-02-15 00:00:00 UTC ]
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Sun Staff Turn on Murdoch: Senior Journalists Criticize News Corp.

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[ Editor & Publisher | 2012-02-14 00:00:00 UTC ]
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[ Publishers Weekly | 2012-02-10 00:00:00 UTC ]
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Conde Nast’s Domino Returns as a Special Issue

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[ Folio Magazine | 2012-02-08 00:00:00 UTC ]
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Has Social Media Made Search-Driven Publishing Irrelevant?

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[ Editor & Publisher | 2012-02-06 00:00:00 UTC ]
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Bloomberg to Launch Luxury Lifestyle Magazine

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[ Editor & Publisher | 2012-01-27 00:00:00 UTC ]
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Media Decoder: 'Hunger Games' Book Sales Bode Well for the Film

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