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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When users open an Incognito browser on Chrome, they'll see a notification warning them that other people using their device won't be able to see their activity but that their downloads, bookmarks and reading items will still be saved. Now, Google has updated that disclaimer in Chrome's... Continue reading at Engadget
[ Engadget | 2024-01-17 10:38:07 UTC ]
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Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News
[ ABC News | 2024-01-11 22:47:05 UTC ]
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If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most... Continue reading at Engadget
[ Engadget | 2024-01-11 22:00:11 UTC ]
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Stores on the East Coast, in the South, and two chains, Half-Price Books and Kinokuniya, reported strong sales over the holidays and through much of 2023. Romantasy, prize winners and nominees, and books promoted on social media continue to dominate. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-01-11 05:00:00 UTC ]
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The data supports the work of libraries and library workers far more than it doesn't. That, plus this week's book censorship news. Continue reading at Book Riot
[ Book Riot | 2024-01-05 11:40:00 UTC ]
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On December 22, workers at the Barnes & Noble flagship Union Square location walked off the job over what their union, the RWDSU, called "the company's failure to return on economic portions of the contract amid their highest sales season." Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-01-02 05:00:00 UTC ]
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The streaming platform has shared its most in-depth look at what their many subscribers have been watchingIn news that will excite anyone who spent a substantial chunk of their youth poring over the purple “Life” section of USA Today for Nielsen ratings and box office reports, Netflix has... Continue reading at The Guardian
[ The Guardian | 2023-12-13 17:53:11 UTC ]
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As you probably know, Literary Hub is produced by a small staff; most of us are writers, and/or moonlight as editors on other projects. This year, four of our number—that would be 36% percent of full time Literary Hub staffers, not too shabby—published books, which is certainly worthy of... Continue reading at Literrary Hub
[ Literrary Hub | 2023-12-11 17:52:31 UTC ]
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Books once included in Scholastic's optional Share Every Story, Celebrate Every Voice collection, along with additional books with inclusive content, will become part of regular book fair shipments next year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-04 05:00:00 UTC ]
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You can read countless ebooks, listen to audiobooks, and browse comics with one of these WIRED-tested digital reading subscriptions. Continue reading at Wired
[ Wired | 2023-12-02 14:00:00 UTC ]
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Bookwire's 'WAY' audiobook services are to be available to French-language publishers early in 2024. The post Germany: Bookwire’s Audiobook Service Goes to Brazilian, English, Spanish Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-11-29 04:44:54 UTC ]
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Not unlike the 'Storytel Originals' effort to create new audiobook content in some markets, France's Vivlio is starting a 'Stories' platform. The post France’s Vivlio, 10 Years Old, Launches New Ebook Service appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-11-16 22:07:48 UTC ]
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A little over a month after launching in the U.K. and Australia, Spotify's new streaming audiobook service is now available the U.S., meaning that tens of millions of Spotify premium subscribers now have access to a catalog of more than 200,000 audiobook titles—including titles from all the Big... Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-11-08 05:00:00 UTC ]
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Since 2017, 130-year-old Canadian publisher La Presse has been digital only, a shift that's led to a focus on growing online audiences. The publisher has grown from 4 million monthly unique visitors in 2019 to over 4.6 million as of July 2023, according to data by Comscore, which only has data... Continue reading at AdWeek
[ AdWeek | 2023-09-29 06:00:00 UTC ]
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The company is also selling and spinning off some of its divisions as the video game industry faces cutbacks. Epic Games, maker of the smash hit Fortnite, isn’t immune to the troubles of the video game industry. The publisher announced Thursday it was laying off 16% of its staff, which works... Continue reading at Fast Company
[ Fast Company | 2023-09-28 14:15:00 UTC ]
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After Apple's iPhone event and just before Microsoft shows off new Surface devices, Amazon is set to reveal its latest arsenal of hardware. As it typically does every September, Amazon is hosting an event to unveil the goods, only this time it's doing so not in Seattle,... Continue reading at Engadget
[ Engadget | 2023-09-20 14:00:09 UTC ]
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Ahead of Banned Books Week, the ALA reported 695 attempts to censor library materials between January 1 and August 31, 2023, and 1,915 unique titles challenged—a 20% jump over last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-20 04:00:00 UTC ]
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The move follows Nielsen laying off 9% of its own staff and comes a day after VideoAmp announced a $150 million funding round. Continue reading at Advertising Age
[ Advertising Age | 2023-09-14 20:19:52 UTC ]
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Following a contentious meeting last week, Nielsen won't change panel currency used to write deals but will make Amazon first-party data part of offering. Continue reading at Advertising Age
[ Advertising Age | 2023-09-07 20:12:10 UTC ]
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Nielsen says networks had months to integrate their own streaming data, but networks deny meaningful talks happened. Continue reading at Advertising Age
[ Advertising Age | 2023-08-30 21:14:51 UTC ]
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