Paramount is laying off 15 percent of its US workforce, according to reporting by Deadline. This follows a lean second quarter earnings report in which total revenue fell short from an expected $7.21 billion to $6.81 billion. The layoffs will impact around 3,000 people. “The industry continues to evolve, and Paramount is at an inflection point where changes must be made to strengthen our business,” company CEOs wrote in a staff memo. Paramount representatives say these cuts will happen in three stages, with layoffs beginning today and 90 percent of all cuts being completed by the end of September. The layoffs will primarily impact employees involved in marketing and communications, though the company’s legal and finance arms will also face cuts. Paramount already laid off three percent of its workforce back in February, and this was after a three percent increase in revenue growth that was largely credited to its streaming and film businesses. So, a three percent increase of revenue translated to a three percent reduction of Paramount’s workforce and missing revenue expectations by around four percent is leading to layoffs accounting for 15 percent of company employees. Workers can’t catch a break. All of these layoffs are likely being used to clear the runway, so to speak, for the forthcoming merger with Skydance. The merger was announced back in June and will soon head to the regulatory review process. Paramount has also been raising prices for its streaming service... Continue reading at 'Engadget'
[ Engadget | 2024-08-13 15:31:20 UTC ]
News tagged with:
#streaming service
#regular people
#expected $7
#industry continues
#inflection point
#staff memo
#finance arms
#revenue growth
#largely credited
#film businesses
#revenue translated
#announced back
#raising prices
#corporate executives
#libraries
The 76th edition of the world's largest international book publishing trade show sees 114,000 trade visitors from 131 countries. The post Frankfurt at Midpoint: Trade Visitors Are Up 9 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-19 03:06:44 UTC ]
More news stories like this | News stories tagged with:
#international book
#trade visitors
#post frankfurt
Whether you're looking to read a fantasy, a murder mystery, romance, or something else, there's a YA book deal for you this week! Continue reading at Book Riot
[ Book Riot | 2024-10-15 13:30:00 UTC ]
More news stories like this | News stories tagged with:
#ya book
#murder mystery
October Prime Day may have come and gone, but you can still save on Lego sets at the moment. While you may think it's early to think about holiday shopping, these kits make amazing presents — for the young and full-grown adults alike. At Engadget, we're most interested in specific sets from... Continue reading at Engadget
[ Engadget | 2024-10-11 14:13:50 UTC ]
More news stories like this | News stories tagged with:
#harry potter
#follow @engadgetdeals
#back $44
#stay tuned
#buying advice
#inches high
#final product
#hogwarts castle
#work-from-home setup
#mario fans
#musical accessories
#biggest discount
#dixie kong
#mario space
I’ve been reading from outside of Phoenix, where there have been over 120 days of 100 degree temperatures as summer comes to a close. With Hurricane Helene devastating the Southeast and war spreading in the Middle East, the uncertainty about our collective futures—whether it is from climate... Continue reading at Electric Literature
[ Electric Literature | 2024-10-11 11:05:00 UTC ]
More news stories like this | News stories tagged with:
#small press
#electric literature
#climate change
#middle east
In these final hours of Amazon's October Prime Day sale, we're down to just two Kindle models on sale (or, really available at all) on Amazon's site. Why are there just two active listing for Kindles right now? It's almost certainly because Amazon is going to announce new models soon. We have no... Continue reading at Engadget
[ Engadget | 2024-10-09 22:01:36 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#pay $20
#stay tuned
#buying advice
#two-year warranty
#late-night reading
#flush-front design
#standard devices
#free trial
#extended warranty
#adult counterparts
#reading preferences
#300-ppi screen
#budget ereader
October Prime Day presents a good opportunity for Prime members to snag holiday gifts early, and that’s perhaps most relevant for those eyeing Amazon’s own devices. Gadgets like Echo speakers, Fire TV sticks and Kindles are almost guaranteed to be on sale during members-only sale events like... Continue reading at Engadget
[ Engadget | 2024-10-09 12:22:50 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#stay tuned
#buying advice
#cooling levels
#automatically adjusting
#video doorbells
#include cameras
#prime days
#doorbell wiring
#privacy zones
#months ago
#alarm systems
#security cameras
#shopping giant
Creators including Michael Deforge, Lemony Snicket, and Tillie Walden have partnered with the independent San Francisco–based comics publisher and comics shop Silver Sprocket on one-of-a-kind prints to support a new fundraising effort. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-09 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#fundraising effort
#tillie walden
#lemony snicket
Amazon’s second Prime Day of the year is here and a few of the deals extend to Kindle ereaders. Unfortunately, the standard Kindle is currently out of stock, as are a few other models. That could be a hint that a new Kindle device is on the horizon, but we don't know anything for certain yet on... Continue reading at Engadget
[ Engadget | 2024-10-09 00:25:26 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#pay $20
#stay tuned
#buying advice
#reading preferences
#300-ppi screen
#budget ereader
#two-year warranty
#late-night reading
#flush-front design
#standard devices
#free trial
#extended warranty
October Prime Day is here, and we're seeing great deals on tech devices — but we also wanted to point out a few choice Lego deals we've had our eye on as well. You could use this as an opportunity to kickstart the holiday shopping season — even if you haven't even thought about the holidays yet,... Continue reading at Engadget
[ Engadget | 2024-10-08 23:27:33 UTC ]
More news stories like this | News stories tagged with:
#harry potter
#follow @engadgetdeals
#back $44
#stay tuned
#buying advice
#mini builds
#inches high
#final product
#hogwarts castle
#work-from-home setup
#mario fans
#musical accessories
#biggest discount
#dixie kong
#mario space
When it comes to tech on sale for Amazon Prime Day, Amazon’s own hardware is at the top of the list. The online retailer usually discounts Echo speakers, Fire tablets, Kindles and the like to record-low prices for October Prime Day, and this year is no different. We’re seeing some of the best... Continue reading at Engadget
[ Engadget | 2024-10-08 22:19:15 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#stay tuned
#buying advice
#cooling levels
#automatically adjusting
#video doorbells
#include cameras
#prime days
#doorbell wiring
#privacy zones
#months ago
#alarm systems
#security cameras
#shopping giant
When it comes to tech on sale for Amazon Prime Day, Amazon’s own hardware is at the top of the list. The online retailer usually discounts Echo speakers, Fire tablets, Kindles and the like to record-low prices for October Prime Day, and this year is no different. We’re seeing some of the best... Continue reading at Engadget
[ Engadget | 2024-10-08 14:38:30 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#stay tuned
#buying advice
#video doorbells
#include cameras
#prime days
#doorbell wiring
#privacy zones
#months ago
#alarm systems
#security cameras
#shopping giant
#cable box
A new Kindle is no doubt on the horizon — the latest model, the Kindle Scribe, came out nearly two years ago. And now that other ereader companies, like Kobo and Boox, have color models, Amazon will no doubt want to catch up. That said, an ereader is, at its heart, a method for reading words on... Continue reading at Engadget
[ Engadget | 2024-10-08 13:33:23 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#pay $20
#stay tuned
#buying advice
#two-year warranty
#flush-front design
#free trial
#extended warranty
#adult counterparts
#basic pen
With October Prime Day just a few days away, we're starting to see more and more early deals pop up each day. While it might be too early for your liking to think about holiday shopping, you might want to after you check out the latest Prime Day Lego deals. A number of Lego sets from the Super... Continue reading at Engadget
[ Engadget | 2024-10-06 14:23:10 UTC ]
More news stories like this | News stories tagged with:
#harry potter
#follow @engadgetdeals
#back $44
#stay tuned
#buying advice
#mini builds
#inches high
#final product
#hogwarts castle
#work-from-home setup
#mario fans
#musical accessories
#biggest discount
#dixie kong
#mario space
With October Prime Day just around the corner, we're starting to see more and more early deals pop up each day. While it might be too early for your liking to think about holiday shopping, you might want to after you check out the latest Prime Day Lego deals. A number of Lego sets from the Super... Continue reading at Engadget
[ Engadget | 2024-10-04 14:30:08 UTC ]
More news stories like this | News stories tagged with:
#harry potter
#follow @engadgetdeals
#back $44
#buying advice
#mini builds
#inches high
#final product
#hogwarts castle
#work-from-home setup
#mario fans
#musical accessories
#biggest discount
#dixie kong
#mario space
Physical books are heavy and given everything else a youngster has to carry around in their backpack, who needs to deal with those as well? An ereader can help to lighten the load and there's a good deal on a kid-friendly option at the minute. Just ahead of the October edition of Prime Day,... Continue reading at Engadget
[ Engadget | 2024-10-02 19:31:31 UTC ]
More news stories like this | News stories tagged with:
#kindle
#follow @engadgetdeals
#buying advice
#kindle fire
#kid-friendly cover
#prime day
#physical books
#bundle includes
Fifteen years ago, Electric Literature started as a print and digital quarterly journal during the glory days of the print magazine era. Our very first issue surpassed 10,000 copies in sales, we were stocked in newsstands and bookstores, and as an e-book. We were one of the first to publish... Continue reading at Electric Literature
[ Electric Literature | 2024-09-27 11:10:00 UTC ]
More news stories like this | News stories tagged with:
#literary fiction
#electric literature
#time appeared
Can the industry save itself from short-term thinking, even if Google is dealt a blackened eye, or bloodied nose during a raft of government tussles? Continue reading at Digiday
[ Digiday | 2024-09-20 04:01:00 UTC ]
More news stories like this | News stories tagged with:
#digital media
A 26.8-percent decrease in returns was a factor in the US market's trade net sales in June, according to the AAP's new StatShot report. The post AAP StatShot: US Book Industry Was Up 6.2 Percent in June appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-09-19 21:48:55 UTC ]
More news stories like this | News stories tagged with:
#book industry
#statshot report
#aap statshot
#june appeared
OUP has laid off its U.S./North America design team and U.S. content transformation and standards team, per a release from OUP USA Guild, which added that the layoffs included 13 members of its bargaining unit. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-12 04:00:00 UTC ]
More news stories like this | News stories tagged with:
The Southern California Independent Bookstore Bestsellers list for Sunday, Sept. 15, 2024, including hardcover and paperback fiction and nonfiction. Continue reading at Los Angeles Times
[ Los Angeles Times | 2024-09-11 13:00:58 UTC ]
More news stories like this | News stories tagged with:
#independent bookstore
#hardcover
#paperback
#paperback fiction
#including hardcover
#bestselling books