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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US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make... Continue reading at The Guardian
[ The Guardian | 2014-06-06 00:00:00 UTC ]
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Inkling, a multimedia publishing platform, has laid off about 25% of its workforce after refocusing its business model from consumer ebook sales to a business enterprise model. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
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Could this be the global data plan of our dreams? A fan site for Shakira, the artist set to perform at T-Mobile's UnCarrier event tonight, published a teaser on its Facebook page today. The image above suggests that the carrier will announce data plans that include global roaming in more than... Continue reading at Engadget
[ Engadget | 2013-10-10 00:00:00 UTC ]
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The Daily, News Corp.’s attempt to create a digital newspaper for the iPad age, is laying off nearly a third of its staff. The publisher plans to tell its workers today that it will fire 50 of its 170 employees, according to people famili ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-07-31 00:00:00 UTC ]
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This Saturday, the 39th annual TD Canadian Children's Book Week kicks with 29 authors, illustrators, and storytellers participating in more than 400 book-related events across the country. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
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Context is everything when it comes to analyzing data, says Hilary Mason. Are you selling a million copies of a book, or one copy of a million books? The post A Data Scientist Explains Some Approaches to “Big Data” appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-01-19 00:00:00 UTC ]
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It's a day for launching advertiser tools: not just Tremor Video but data leviathan Acxiom, as well, is bringing a new tool to the digital marketplace, and where Tremor has extensive publisher relationships to leverage its new DSP, Acxiom has all the information anyone could ever want about more... Continue reading at AdWeek
[ AdWeek | 2013-09-23 00:00:00 UTC ]
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Measurement companies are looking to measure up ahead of the upfront season, with Nielsen making "big data" announcements and the Joint Industry Committee (JIC) certifying Comscore and VideoAmp. To explain exactly what's going on in measurement, ADWEEK went to great... Continue reading at AdWeek
[ AdWeek | 2024-04-04 19:17:06 UTC ]
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This afternoon, ADWEEK CEO Will Lee announced the appointment of Conde Nast veteran Mike Beyman as chief of staff/head of strategy and business operations, a new role at the brand. In a memo, Lee also shared a number of promotions across the newsroom as well as the... Continue reading at AdWeek
[ AdWeek | 2024-03-27 21:00:35 UTC ]
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“My job as a parent isn’t over until your book gets published,” my father said, years ago. I don’t remember the circumstances of this statement—where we were, what we were doing. I want to say it had something to do with his body, maybe the deterioration of his lungs to COPD, his breathing so... Continue reading at Literrary Hub
[ Literrary Hub | 2024-03-27 08:54:34 UTC ]
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Katie Pryde, owner of the comic shop Books with Pictures is leading an industry effort to improve the quality of comics metadata and explains the new standards just released by ComicsPRO at its annual meeting. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-08 05:00:00 UTC ]
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Penguin Random House UK was planning to close its Grantham Book Services warehouse as it shuts down its third-party distribution business. But the facility will now be converted into a hub for PRH US to service is U.K. and European retailers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Newsroom director decries The Australian’s ‘constant’ swipes at individual ABC employees. Plus: a mushroom misstepFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhen the ABC Indigenous affairs editor, Bridget... Continue reading at The Guardian
[ The Guardian | 2024-02-16 02:50:06 UTC ]
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