Magazine fulfillment services provider Palm Coast Data will lay off up to 150 of its 400 employees, outsource some key operations to competitor CDS Global and leave its Northeast Florida headquarters for a smaller facility in the region by mid-August. The news comes shortly after the conclusion of a six-month dispute between PCD's former owner, AMREP Corp., and its current one, Ireland-based media company and former client Studio Media Group, which acquired PCD from AMREP in April 2019. Under the terms of that deal, AMREP maintained ownership of PCD's two existing facilities in Palm Coast, Fla., entering into a ten-year lease agreement with Studio Media Group which essentially turned PCD's former owner into its new landlord. In December, a subsidiary set up by AMREP to manage the properties filed a civil suit against PCD and Studio Media, accusing PCD of failing to pay its rent on time and seeking to have the company evicted from the properties, according a complaint filed in a Florida circuit court. In a subsequent January filing, Studio Media responded by accusing AMREP of concealing liabilities and "fraudulently misrepresenting" PCD's financial standing prior to the sale, claiming they never would have made the acquisition had they known "the true state of facts surrounding Palm Coast." The two sides settled out of court in May, with PCD agreeing to vacate the facilities by August 15 at the latest. In a memo dated May 19, CEO John Meneough informed PCD staffers that... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-06-16 15:17:21 UTC ]
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Indigo Books and Music, Canada's dominant bookstore chain, closed all of its 199 retail locations on March 18. On Friday, March 27, the company laid off 5,200 of 7,000 total employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
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Little, Brown has launched a personalised book recommendation service on its social media channels. Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 03:26:31 UTC ]
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At the coronavirus outbreak reshapes our industry, The Bookseller is inviting staff members from across the book trade to share their experiences of working during the coronavirus outbreak. Continue reading at The Bookseller
[ The Bookseller | 2020-03-24 12:47:26 UTC ]
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Bookstores and indie publishers have been scrambling as state-mandated closures expanded along the West Coast late last week and the new coronavirus outbreak worsened. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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The Strand bookstore confirmed Sunday that 188 employees, the majority of the bookstore’s staff, have been let go in the wake of the Covid-19 outbreak. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-22 04:00:00 UTC ]
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At the recent Digital Media India conference, Rohan Tiwary of Google Asia Pacific, offered updates on some of the company’s ongoing Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-03-17 17:30:42 UTC ]
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Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Three prominent bookstores, McNally Jackson in New York City, Powell's Books in Portland, Ore., and Busboys and Poets in Washington, D.C., have together laid off more than 600 employees as a result of the coronavirus crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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With book tours, festivals, conferences, and other literary events being canceled around the world due to COVID-19 concerns, the tech-friendly west coast literary community has begun creating digital events to keep authors and readers connected during the coming weeks of social distancing and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-16 04:00:00 UTC ]
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Penguin Random House UK is expecting all London-based staff to work from home from Tuesday (17th March) and cancelling all events, including bookshop events, Penguin Live, launch parties and "any meetings". Continue reading at The Bookseller
[ The Bookseller | 2020-03-16 02:54:57 UTC ]
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The impact of the coronavirus outbreak continues to be felt across the trade, with further cancellations of literary events and larger numbers in the book trade now working from home to fight the spread. Continue reading at The Bookseller
[ The Bookseller | 2020-03-15 14:06:36 UTC ]
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Acknowledging that many people in its New York City headquarters may be uncomfortable commuting to its office, PRH US CEO Madeline McIntosh issued a memo saying the any employees who are able to complete their work from home may do so. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
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On Friday, Woody Allen's publisher, Hachette Books Group, decided to cancel the planned release of his memoir Apropos of Nothing. The decision came after dozens employees staged a walkout in protest of the book's publication. Continue reading at CBC
[ CBC | 2020-03-06 20:54:52 UTC ]
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Flipboard TV, a curated video service inside the Flipboard application featuring content from publisher partners and local TV stations, debuted Friday with 16 channels, exclusively on Samsung Galaxy S20 phones. Flipboard Flipboard TV will provide video from major publishers including American... Continue reading at AdWeek
[ AdWeek | 2020-03-06 17:05:10 UTC ]
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Art publisher Phaidon is relocating its London headquarters to Stratford, joining companies including Sadler’s Wells and the BBC in moving to the East End. Continue reading at The Bookseller
[ The Bookseller | 2020-03-05 22:29:59 UTC ]
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Staff at Hachette Book Group staged a walkout of its New York and Boston offices yesterday (5th March) in protest against its decision to publish Woody Allen’s autobiography. Continue reading at The Bookseller
[ The Bookseller | 2020-03-05 22:07:34 UTC ]
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HQ has acquired the first adult memoir from children’s author Anna Wilson, billed as a “searing” account of autism and ageing. Continue reading at The Bookseller
[ The Bookseller | 2020-03-05 06:36:10 UTC ]
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Following the reunification of Viacom and CBS, Simon & Schuster's chief Carolyn Reidy tells the staff that its parent company will explore seelling The post Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-04 17:27:00 UTC ]
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No staff members from Hachette Livre will be attending London Book Fair, the publisher has confirmed. Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 09:43:47 UTC ]
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This week's book events are fully locavore: Lynell George's essays on the city's rich cultural tapestry; Erin Khar's memoir of teen addiction in the mid-1980s; Thomas Pynchon's Cali counterculture noir; a debut novel from Los Angeles Review of Books founder Tom Lutz; and a visit from Pod Save... Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-02-28 19:52:47 UTC ]
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