Publishers Prove That Investing in Talent Pays Off

Layoffs are not a new trend in the industry. They've become so frequent at both digital and print publishers that the news of new rounds of cuts is almost unsurprising.  But not all publishers are feeling the pressures to cut staff when budgets get tighter and revenue streams become shallow. Some companies are capitalizing on the big return on investment that a strong staff provides, and whether they're setting aside a specific budget for 100 new staffers or are looking to invest more into the existing in-house talent, these publishers know that people are one of their greatest assets. “When we announced about a year ago that we were going to hire 100 people, we thought that it would probably take 12 to 15 months to do that,” says The Atlantic president Bob Cohn, and though he now expects that the hiring process will likely extend later into 2019, he still feels that they are on track. The figure of 100, while pretty, is actually not an arbitrary goal. According to Cohn, while he and his team were plotting their path of expansion, they looked at both their resources and what the estimated cost of talent was going to be and it “got darn near an even 100, so I thought let’s make it an even 100 because it’s a number we can remember." Since the plan was announced in February 2018, Cohn says that 60 new roles were created and 80 total hires were made, some of that accounting for normal turnover. At the time of publication, The Atlantic is about 40 hires away from reaching its... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-04-05 00:00:00 UTC ]
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Other Publishing stories related to: 'Publishers Prove That Investing in Talent Pays Off'


Phoenix Yard to publish colouring book series

Phoenix Yard Books has acquired the world English rights to publish a series of colouring books from Dutch publisher BBNC. The range, which will be launched in May, includes three books for adults - The One and Only Colouring Book For Adults, The Second One and Only Colouring Book For Adults... Continue reading at The Bookseller

[ The Bookseller | 2015-04-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #colouring books #adults - #phoenix yard #colouring book


Authors call for better communication with publishers

Publishers need to communicate better with authors, pay them more and utilise writers’ skills to market books, but most writers would still choose to be published traditionally, a survey has found. The Do You Love Your Publisher? survey, co-produced by authors Harry Bingham (in the UK) and Jane... Continue reading at The Bookseller

[ The Bookseller | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors call #authors based #market books #jane friedman #traditionally published


Publishers and agents agree to speed up contracts

Publishers and agents have agreed a set of guidelines for negotiating author contracts, following concerns author payments were being delayed.  The Publishers Association (PA) and Association of Authors’ Agents (AAA)  said the guidelines were designed to “speed up the process for the benefit of... Continue reading at The Bookseller

[ The Bookseller | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #agents agree #agents aaa


Trade pays tribute to Ion Trewin

Tributes have been paid to a “true friend” of literature, Ion Trewin, who died yesterday (8th April) at the age of 71. Trewin, who was literary director of the Booker Prize Foundation, was diagnosed with untreatable cancer last October. He leaves behind his wife Sue, son Simon, who is head of... Continue reading at The Bookseller

[ The Bookseller | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ion trewin #true friend #literary director #untreatable cancer #son simon


Happy Ending for Gay Author Thwarted by Small Publisher

When Sweetwater Books declined to publish a book with a co-author's biography that mentioned a "partner," the book found a new, better home: Scholastic. The post Happy Ending for Gay Author Thwarted by Small Publisher appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #happy ending #small publisher


Maze signs self-published Lynch

Avon's digital-first imprint Maze has signed a novel from self-published author Amy Lynch. Editor Caroline Kirkpatrick signed world all language rights in Bride Without a Groom in a deal with agent Frank Fahy. The novel will be published as an ebook on 7th May. Kirkpatrick said: "With the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #language rights #full swing #romantic comedy


Report Looks at New Publishing Business Models

Spain-based Dosdoce.com this week released an English language version of its 2014 report “New Business Models in the Digital Age.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #spain-based dosdoce #business models #digital age


Berthe Amoss Reflects on a Life in Publishing

Even today Berthe Amoss shows no signs of slowing down as she prepares for the upcoming release of her young adult mystery 'Mischief and Malice,' the follow-up to her 1979 book, 'Secret Lives.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #upcoming release #secret lives


Borough Press pays six figures for Pearson sequel

The Borough Press has pre-empted a sequel to Allison Pearson's I Don't Know How She Does It in a "high six-figure" deal. Executive publisher for fiction and non-fiction Kate Elton signed UK and Commonwealth rights to the book from Caroline Michel at PFD. North American rights were signed by... Continue reading at The Bookseller

[ The Bookseller | 2015-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #borough press #allison pearson #high six-figure #executive publisher #caroline michel #st martin


The Roundup: Spirituality and Religion Publishing News from Around the Web, April 8, 2015

Reporter corners Deepak Chopra; pollsters release new data on unbelievers and the unchurched. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-08 00:00:00 UTC ]
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Greek Publishing Spotlight: An Agent's Perspective

Greek literary agent Evangelia Avloniti on how publishers in the economically embattled country are faring, fears of "Grexit" and why nonfiction has become so popular among Greeks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-07 00:00:00 UTC ]
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Publishers’ love-hate relationship with Drudge Report

Facebook traffic is the new elixir of news publishers, but don’t write off The Drudge Report, a reliable traffic firehose since 1996. The Web 1.0 news aggregator sends millions of pageviews to publishers including The New York Times, Bloomberg and The Washington Post. Drudge outranks social... Continue reading at Digiday

[ Digiday | 2015-04-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news publishers #publishers including #post publishers #love-hate relationship #drudge report #facebook traffic


Self-published star Jasinda Wilder lands seven-figure deal with traditional imprint

After selling more than 2m ebooks under her own steam, the DIY star has now sold ‘dark, sexy’ Madame X trilogy to Berkley BooksRomance novelist Jasinda Wilder has become the latest self-published writer to land a major deal with a mainstream publisher, after her “dark, sexy” Madame X trilogy was... Continue reading at The Guardian

[ The Guardian | 2015-04-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #2m ebooks #major deal


Removing import restrictions would impact Australian authors, say publishers

Local book industry argue changes proposed in Harper Review will impact their bottom line and may see less long-term investment in Australian writersAustralian publishers would be less likely to support, nurture and develop talented writers like Tasmania’s Richard Flanagan if the Australian... Continue reading at The Guardian

[ The Guardian | 2015-04-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bottom line #richard flanagan #import restrictions


Harper Lee Declared Fit to Publish

Harper Lee is, according to the state of Alabama, well enough to have signed off on the release of her forthcoming novel, 'Go Set a Watchman.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harper lee


April 2015: Top Reviews of Self-Published Books from BlueInk Review

Our April 2015 selection of reviews from BlueInk Review, a service which reviews self-published books. The post April 2015: Top Reviews of Self-Published Books from BlueInk Review appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top reviews #self-published books #blueink review


Taylor & Francis appoint global publishing director

Taylor & Francis Group has appointed Leon Heward-Mills as global publishing director, journals, taking on a leadership role for the worldwide editorial team. Heward-Mills joins Taylor & Francis from Society of Endocrinology, where he was chief executive and m.d. of its commercial... Continue reading at The Bookseller

[ The Bookseller | 2015-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leadership role


New Hachette HQ will be 'talent magnet'

Hachette’s new London headquarters Carmelite House will become a “talent magnet” for authors and publishers, but the move will not compromise competition between the adult divisions, c.e.o. Tim Hely Hutchinson has said. In an interview with The Bookseller, Hely Hutchinson also addressed the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #hely hutchinson #author contracts


Sony Debuts New DRM for Publishers: Digital Spotlight 2015

In recent ears, the big question surrounding digital rights management (DRM) software in publishing has been whether or not publishers should use it at all. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sony debuts


Egmont to publish Pooh anthology sequel

Egmont Publishing will next year release a Winnie-The-Pooh anthology to mark the 90th anniversary of the original A A Milne book. The anthology, currently untitled, is a sequel to Return to the Hundred Acre Wood in 2009, which was the first authorised sequel to A. A. Milne’s stories. The... Continue reading at The Bookseller

[ The Bookseller | 2015-04-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #egmont publishing #year release #90th anniversary #stephanie thwaites #curtis brown