Whether or not we’re actually ready, America is reopening. The process to return to “normal” will be uneven and gradual across the country in the coming days, weeks and months. And regrettably, we are no more certain today than we were six weeks ago about what recovery will actually look like. The impact on our economy from this pandemic is still yet to be fully realized, and it may take a generation to fully articulate. During the first quarter of the year our national GDP fell nearly 5%—the most since 2008. Worse, Q2’s GDP is forecasted to be down between 30-40%, which is not only unthinkable, but would also be a historical record in the U.S. As of this morning, 30 million Americans had filed for unemployment, either because they were laid off or furloughed. Realistically, that number hasn’t quite peaked. And sadly, many of the jobs lost or put on hold may not come back, at least not for a good while. Publishing has been hit hard, surely not as hard as some industries, but times are tough just the same. Anyone that wanted to read this story already knew that. I don’t need to recap who the victims are, but our industry has all the problematic symptoms of this downturn—pay cuts, furloughs, layoffs and shutdowns. Ad spending is drying up. The events business is ravaged beyond comprehension. Retailers are unable to open, thus unable to sell magazines, books and newspapers. It’s an economic horror story caused by microscopic genetic RNA material, also known as the COVID-19... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-04-30 16:26:17 UTC ]
News tagged with:
#scary thing
#human capital
#bottom lines
#critically important
#digital publishing
News Corp co-chairman said competitors were 'irresponsible' to talk about a time when it would stop printing newspapers The co-chairman of News Corp, Lachlan Murdoch, has mounted a strong defence of the future of newspapers in the digital age while condemning his Australian competitors for... Continue reading at The Guardian
[ The Guardian | 2014-06-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital age
Two data analytics companies, Next Big Book and Qlovi, won startup prizes at BEA, but several others caught our eye and are worth watching through 2014. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#big book
#worth watching
People magazine lost roughly a dozen staff members to layoffs and buyouts last week, according to people familiar with the matter. The departures come just before Time Inc., owner of People, starts to trade independently of Time Warner on Monday, June 9.People is the largest money maker at Time... Continue reading at Advertising Age
[ Advertising Age | 2014-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#people familiar
#sec filings
#comment specifically
The biggest players in the online publishing space converged in Barcelona this week to discuss the wholesale transformation of the industry into a digital and multiplatform phenomenon. We asked a handful of them one simple question: What's next for native advertising? The post Where top... Continue reading at Digiday
[ Digiday | 2014-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#native advertising
#top publishers
#biggest players
#simple question
Prominent African-American and Hispanic children's book publishers, publicists, agents, and authors were featured on the BookCon panel "Where Are the People of Color in Children's Books?" held on Saturday, May 31. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookcon panel
#book publishers
Publishers tend to focus their social media strategies around the twin titans of Facebook and Twitter. But perhaps they are ignoring WhatsApp at their own peril. FTW, USA Today’s viral sports site, offers a good ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishers tend
A panel of veteran literary agents discussed the ways in which they now approach their jobs in the Thursday BookExpo panel “Beyond Authors: Self-Publishing & the 'New' Agents.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this |
Philip Gulley writes about what he knows: a smalltown Quaker pastor who serves and loves imperfectly, but who always points others to God. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#philip gulley
The late author's UK editor remembers a funny, gracious, kind, demanding, delightful and wise human being and writer of one of the world's great autobiographiesMaya Angelou was one of the world's most important writers and activists. She lived and chronicled an extraordinary life: rising from... Continue reading at The Guardian
[ The Guardian | 2014-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#north carolina
#barack obama
#james baldwin
For publishers of religion books aimed at young readers, it's easier than ever to find readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#christian children
#books sell
#young readers
#find readers
Providing cloud-based business management products is Media Services Group’s forte. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
More news stories like this |
Oscar Dystel, an early pioneer of mass market paperbacks and one-time CEO of Bantam Books, passed away at the age of 101. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#oscar dystel
#bantam books
Amazon has said a bitter dispute with publisher Hachette, which has led to a block on pre-orders, will not be resolved soon. Continue reading at BBC World
[ BBC World | 2014-05-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publisher hachette
Image celebrates 60 years; Gary Chapman endows chair at Moody; Cambridge Bibles back to Cambridge; awards and honors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#short takes
Virago Modern Classics has acquired three titles by Joan Aiken for its children’s list.... Continue reading at The Bookseller
[ The Bookseller | 2014-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#joan aiken
If you're hoping to pre-order books by J.K. Rowling, Michael Connelly and other Hachette Book Group authors, you'll have to go somewhere besides Amazon.com. Continue reading at Los Angeles Times
[ Los Angeles Times | 2014-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pre-order books
#michael connelly
Hachette author Jeffery Deaver among those speaking out against Amazon's decision to stop selling certain Hachette titlesStray punches in a corporate slugfest knocked spectacles from authors noses and left readers with black eyes this week, after Amazon, the online retailer, stopped selling... Continue reading at The Guardian
[ The Guardian | 2014-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#online retailer
#titles published
#put pressure
A Christian self-publisher will acquire a PR firm to enhance its services to authors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pr firm
PW will introduce BookLife, a new website for self-publishers, at this year’s BookExpo America. Simultaneously, we are integrating reviews of self-published books into our regular review coverage. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookexpo america
#self-published books
Crowdfunding, and Kickstarter in particular, continue to make inroads in book publishing, providing financing for everything from one-off projects to support for entire lists. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#make inroads
#book publishing