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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Indian STM Publishing Worth $200m, 20% Growth, 2% Ebooks

A snapshot of STM publishing in India, which represents 84% of the publishing industry's profits in the country, from this February's GLOBALOCAL conference. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-27 00:00:00 UTC ]
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Quarto rebrands publishing divisions, records 'solid' 2013

The Quarto Group has rebranded its publishing divisions, and announced what c.e.o. Marcus Leaver... Continue reading at The Bookseller

[ The Bookseller | 2014-02-26 00:00:00 UTC ]
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Explaining Australia’s Fair Use Publishing Conundrum

We look at what would the proposed introduction of fair use to Australian copyright law mean for publishers, and why is it attracting international attention. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-26 00:00:00 UTC ]
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Publishing for All Seasons

A bookseller, distributor, and publisher, gathered for another installment of PW's discussion series on the Future of Book Publishing to discuss the relevancy of publishing seasons. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
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Random House to publish first from Geithner

Random House Business Books is to publish a book by former US Treasury Secretary Timothy Geithner... Continue reading at The Bookseller

[ The Bookseller | 2014-02-26 00:00:00 UTC ]
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Bringing Tools of the Trade to Self-Publishing

In Publishing Perspectives' Issues on the Ether, Porter Anderson asks #EtherIssue participants to focus on tools needed by entrepreneurial authors. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-25 00:00:00 UTC ]
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Penguin Random House Remains Committed to Indian Publishing

Despite the controversy surrounding its publication of "The Hindus: An Alternative History," Penguin Random House said it remains committed to publishing in India. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-25 00:00:00 UTC ]
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Do publishers need a WhatsApp strategy?

WhatsApp, Facebook's bold $19 billion acquisition, may be best known as a cross-platform instant messaging service for smartphones. But it could become an invaluable distribution tool for publishers.The post Do publishers need a WhatsApp strategy? appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-02-21 00:00:00 UTC ]
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Yellow Kite to publish Ella Woodward

Hodder & Stoughton imprint Yellow Kite is to publish blogger Ella Woodward’s cookbook... Continue reading at The Bookseller

[ The Bookseller | 2014-02-21 00:00:00 UTC ]
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Time to rethink the publishing internship?

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[ Digiday | 2014-02-21 00:00:00 UTC ]
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Investment Firm Makes Proposal for 51% of B&N

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[ Publishers Weekly | 2014-02-21 00:00:00 UTC ]
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The Way Publishers Cash In Twitter Referrals Now (Hint: More Ads)

Much bandwidth has been consumed discussing the effects of Facebook's recent algorithm change to favor sites offering "high quality" content. It's been said to hurt viral sites like Upworthy -- a notion the site's founders have denied -- while rewarding other publishers including Mental... Continue reading at Advertising Age

[ Advertising Age | 2014-02-21 00:00:00 UTC ]
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LinkedIn opens its blog publishing platform to everyone

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[ Engadget | 2014-02-20 00:00:00 UTC ]
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Steam's Linux game count explodes in one year, big publishers still absent

Since Valve released the first stable version of Steam for Linux a year ago, the number of Linux-supported games has grown more than fivefold.Valve's digital game distribution service now hosts 333 games for Linux, compared to 60 games last February. (Strangely, Steam's store page claims that... Continue reading at PC World

[ PC World | 2014-02-20 00:00:00 UTC ]
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The Search For Talented Writers In The Prison System Is Changing It, Too

A digital publishing house is conducting a semi-legal, large-scale search for the next great incarcerated author. The reaction from authorities isn't what you'd expect.Jack London, Ken Kesey, William Burroughs, Oscar Wilde, Malcolm X, Voltaire, Cervantes, E.E. Cummings, Martin Luther King, Mark... Continue reading at Fast Company

[ Fast Company | 2014-02-20 00:00:00 UTC ]
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Investment Group Buys codeMantra

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[ Publishers Weekly | 2014-02-20 00:00:00 UTC ]
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Tribune Co. expects $325-million dividend from publishing spinoff

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[ Los Angeles Times | 2014-02-19 00:00:00 UTC ]
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Digital Manga, Inc. to Publish Tezuka Backlist

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[ Publishers Weekly | 2014-02-19 00:00:00 UTC ]
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Tricks of the trade: How to game the publishing system

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[ Digiday | 2014-02-19 00:00:00 UTC ]
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Cornerstone buys four from self-published Tracy Bloom

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[ The Bookseller | 2014-02-19 00:00:00 UTC ]
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