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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European publishers share their biggest revenue challenges

Digital advertising revenue isn't replacing publishers' lost print revenue. So, publishers are having to create new business units to make up the loss. But that's hard to pull off. Trinity Mirror says it's looking at user behavior to identify new revenue streams. Meanwhile, Norway's Dagens... Continue reading at Digiday

[ Digiday | 2015-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business units #trinity mirror #revenue streams


Fresh Talent promotion from WHS Travel

WH Smith Travel has launched a promotion to back new and emerging authors called Fresh Talent. The retailer has picked 12 titles to promote on dedicated bays in WHS Travel shops, with bespoke point of sale information featuring author photographs.  All the titles will be offered in a "buy one... Continue reading at The Bookseller

[ The Bookseller | 2015-03-12 00:00:00 UTC ]
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Spirituality and Religion Update: Evergreens for Publishers

Certain kinds of books are the staff of life for publishers, because readers never tire of them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #religion update


Belle Gibson's book publisher never verified cancer survivor's health claims

Penguin says it published The Whole Pantry ‘in good faith’ and never checked Gibson’s claims she cured her brain cancer through diet and lifestyle aloneThe publisher of a recipe book has admitted to never fact-checking claims made by the author that she survived terminal brain cancer through... Continue reading at The Guardian

[ The Guardian | 2015-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recipe book #book publisher #good faith #brain cancer


Wimbledon BookFest to pay authors

Wimbledon BookFest is to start paying a fee of £150 each to all participating authors. This will be the first year the 10-day book festival has paid authors for appearing. Previously it only paid chairs of events. The announcement follows a story in The Bookseller in which a number of authors,... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pay authors #participating authors #wimbledon bookfest #start paying #linda grant


Profits Fell 12% at Lagardere Publishing in 2014

Profits at Lagardere Publishing, parent company of Hachette Book Group, fell to 197 million euros in 2014 from 223 million euros in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lagardere publishing


What worries European publishers most

Publishing online is easy; making money online is harder. Publishers have been hit on all sides. Not only is the traditional ad revenue model increasingly tough to pull off, but most publishers are still in the early stages of replacing that lost revenue with new businesses. Subscriptions sound... Continue reading at Digiday

[ Digiday | 2015-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #early stages #lost revenue #readers interested #video production #content studios #user data


Are the US and UK Children’s Publishers Getting Stale?

Global children's publishers are turning away from the US and UK and toward Asian, French, Italian, Portuguese or Eastern European publishers for fresh content. The post Are the US and UK Children’s Publishers Getting Stale? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk children #global children


McVeigh publishes debut novel

Salt is publishing the first novel by Paul McVeigh, director of the London Short Story Festival (LSSF). Continue reading at The Bookseller

[ The Bookseller | 2015-03-09 00:00:00 UTC ]
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HC Expands Spanish-Language Publishing Efforts

HarperCollins is creating two new Spanish-language publishing divisions: HarperCollins Español and HarperCollins Iberica. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins iberica


Orion to publish Breaking Bad's Cranston

Orion Books is to publish the autobiography of “Breaking Bad” actor Bryan Cranston. Amanda Harris, deputy publisher, Non-fiction at Orion Books bought UK and Commonwealth rights, excluding Canada, in Say My Name, from Julian Alexander of Lucas Alexander Whitley. 58-year-old Cranston is best... Continue reading at The Bookseller

[ The Bookseller | 2015-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #orion books #amanda harris #deputy publisher #julian alexander #drama series


Publishers' Move Could Mean 'Whole New Trial' in GSU Copyright Case

With the case now back at the district court, the three publisher plaintiffs are seeking to introduce new evidence to determine whether the university’s e-reserve policies are infringing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-06 00:00:00 UTC ]
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March 2015: Top Reviews of Self-Published Books from BlueInk Review

Our March 2015 selection of reviews from BlueInk Review, a review of self-published books, includes a memoir from Romanian tennis pro Peter Marmureanu. The post March 2015: Top Reviews of Self-Published Books from BlueInk Review appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top reviews #blueink review #self-published books


AFC+A Launches Publishing Arm

Mandel Vilar Press will publish titles with a Jewish and Latino/Latin American focus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-06 00:00:00 UTC ]
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Post-Censorship, Publishing Continues to Evolve in Burma

At The Irwaddy, U San OO, owner of Seikku Cho Cho publishing house spoke about the development of Burmese publishing, translations and ebooks in the country. The post Post-Censorship, Publishing Continues to Evolve in Burma appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing continues


The latest Web publishing design trend: Mimic print

Publishers have long treated the digital and print parts of their designs as separate animals. But as their digital audiences start to outstrip their dwindling print subscribers, they're coming up with new ways of infusing print design and editorial sensibilities into their digital operations.... Continue reading at Digiday

[ Digiday | 2015-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital operations


Four Canadian Publishers Move Distribution to University of Toronto Press

Douglas & McIntyre, House of Anansi Press/Groundwood Books, Greystone Books, and New Society Publishers will move distribution to the University of Toronto Press beginning in May. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #greystone books


Ocean Home Publisher Buys Luxury Pools Magazine

RMS Media Group adds 62,000-circ. brand to its luxe portfolio. The post Ocean Home Publisher Buys Luxury Pools Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-05 00:00:00 UTC ]
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Newsonomics: Tribune Publishing is Busy Playing Catch-Up

Throughout this morning’s earnings call, the thought reoccurred: Jack Griffin’s new Tribune Publishing Company is playing catch-up. Then, toward the end of the call, one a little more informative than average, the CEO said it plai ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings call #tribune publishing #playing catch-


Ebury Press to publish Hynde memoir

Ebury Press is to publish the memoir of Chrissie Hynde, frontwoman of The Pretenders, acquired in a “major deal”. Publisher and deputy m.d. Jake Lingwood bought world English and translation rights, excluding North America, while Gerry Howard, v.p., executive editor at Doubleday, Penguin Random... Continue reading at The Bookseller

[ The Bookseller | 2015-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebury press #major deal #translation rights #gerry howard