Dow Jones is closing the print edition of SmartMoney, the 20-year-old personal finance magazine, and expanding its digital news team, the company said today, confirming news first reported by The Wall Street Journal. The print edition's September issue will be its last, meaning the elimination of 25 jobs, Dow Jones said. SmartMoney.com will add six new editorial positions as part of the plan, which will also add the SmartMoney brand and tools to a personal finance section on MarketWatch, a Dow Jones sibling. SmartMoney was a joint venture between Hearst and Dow Jones for many years, but Dow Jones bought Hearst's 50% stake in 2010. The company, however, has recently seen changes at the top: News Corp. named Lex Fenwick the new CEO of Dow Jones in February and Dow Jones President Todd Larsen left on Tuesday. This year has been disappointing so far for print publishers, who hoped early positive signs in the economy would be reflected in ad buys. SmartMoney's print ad pages from January through the July issue declined 9.3% from the comparable period in 2010, compared with a 5.6% decline across monthlies as a whole, according to the Media Industry Newsletter. SmartMoney averaged paid circulation of 815,154 in the second half of last year, roughly unchanged from 817,747 in the half a year earlier, according to its reports with the Audit Bureau of Circulations. Continue reading at 'Crains New York'
[ Crains New York | 2012-06-22 00:00:00 UTC ]
Retail therapy meets art therapy.Whether you call them lighthearted anxiety-relieving tools or regressive escapes from reality, coloring books for adults have become a full-fledged craze (and lucrative market for print publishers).Read Full Story Continue reading at Fast Company
[ Fast Company | 2016-01-25 00:00:00 UTC ]
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Former Labour culture minister among new appointments along with co-founder of lastminute.com Brent HobermanThe Economist has shaken up its board with appointments including former Labour culture minister Tessa Jowell and Brent Hoberman, the co-founder of lastminute.com and Made.com, as former... Continue reading at The Guardian
[ The Guardian | 2015-12-10 00:00:00 UTC ]
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Sale marks end of an era for former FT owner as it exits newspaper publishing business after selling its stake to Russian entrepreneur Pearson, which recently agreed to offload the Financial Times, and the publisher of the Wall Street Journal have sold off their stakes in Russian business... Continue reading at The Guardian
[ The Guardian | 2015-11-20 00:00:00 UTC ]
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Facebook is instituting something akin to employee performance reviews for app publishers in its ad network, grading how well their inventory achieves advertiser objectives like driving downloads or selling product.The company already uses that information to decide which ad buys it doles out to... Continue reading at Advertising Age
[ Advertising Age | 2015-10-06 00:00:00 UTC ]
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HarperCollins has continued the expansion of its Global Publishing Program with the creation of HarperCollins Italia. Harlequin Mondadori, which has operated in Italy for 34 years and was formerly a joint venture with Harlequin Enterprises and Mondadori Libri, will now be fully owned by... Continue reading at The Bookseller
[ The Bookseller | 2015-10-02 00:00:00 UTC ]
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Publishing group Pearson says it has agreed to sell its 50% stake in the Economist Group for £469m. Continue reading at BBC News
[ BBC News | 2015-08-12 00:00:00 UTC ]
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Existing shareholder Exor increases its holding from 4.7% to 43.4% to become the largest single shareholder in the publishing groupPearson has sold its 50% stake in the Economist Group, publisher of the Economist newspaper, to existing shareholders for £469m in cash.The deal, a fait accompli... Continue reading at The Guardian
[ The Guardian | 2015-08-12 00:00:00 UTC ]
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Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times. Continue reading at BBC News
[ BBC News | 2015-07-26 00:00:00 UTC ]
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Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-07-23 00:00:00 UTC ]
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The Authors Guild of America has launched a Fair Contract Initiative to “address the major inequities in many boilerplate contract terms today” and educate authors on what terms they can negotiate on. The initiative, announced on Friday (28th May) at BEA, aims to “restore balance to the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-02 00:00:00 UTC ]
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Joint venture between US site and Axel Springer will also publish 30,000-copy print edition in Brussels, London, Paris and BerlinThe European arm of Politico will go live online on 21 April with more than 40 journalists spread across the continent as the US media outlet aims to fulfil its... Continue reading at The Guardian
[ The Guardian | 2015-03-17 00:00:00 UTC ]
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Lucky magazine, the women's shopping title that was once a blockbuster success for Conde Nast, laid off about 10 staff members this week. One person with knowledge of the matter said nearly 15 employees were let go. A Lucky spokeswoman, however, put the number at "less than 10."The spokeswoman... Continue reading at Advertising Age
[ Advertising Age | 2015-02-06 00:00:00 UTC ]
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Bono, Colm Tóibín, Paul McCartney and Salman Rushdie are among the big names contributing to an anthology about sons and fathers, as part of a joint venture between Hutchinson and The Irish Hospice Foundation. Jason Arthur, publisher of Hutchinson, Heinemann and Windmill, agreed a joint-venture... Continue reading at The Bookseller
[ The Bookseller | 2015-02-04 00:00:00 UTC ]
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Publishers and booksellers in Ireland have breathed a sigh of relief as the market experienced an unprecedented rebound in 2014, surpassing expectations. Figures from Nielsen BookScan reveal that 9.6 million physical books were sold through the tills in Ireland, equating to €106.4m (£79.4m) in... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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The joint venture will create a publishing group of 1.5 billion euros in sales, and 13,000 employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-15 00:00:00 UTC ]
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Penguin Random House division Cornerstone is to take over trade publication of titles crowd-funded by start-up Unbound, after the two companies agreed a joint venture deal. Continue reading at The Bookseller
[ The Bookseller | 2015-01-13 00:00:00 UTC ]
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Conde Nast ended years of speculation on Monday about whether it would shutter Lucky or continue to print the sputtering magazine by instead spinning off Lucky into a separate company called The Lucky Group.The new company is a joint venture between Conde Nast and BeachMint, an e-commerce... Continue reading at Advertising Age
[ Advertising Age | 2014-08-12 00:00:00 UTC ]
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Among the magazines with the largest number of single-copy sales, only four saw increases at the newsstand through the first half of 2014: Prevention and Women's Health, which are owned by Rodale; HGTV Magazine, a joint venture between Hearst and Scripps; and All You, a Time Inc.... Continue reading at Advertising Age
[ Advertising Age | 2014-08-08 00:00:00 UTC ]
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A 1.6% decline in the number of traditionally published print titles in the US last year shows... Continue reading at The Bookseller
[ The Bookseller | 2014-08-05 00:00:00 UTC ]
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O’Reilly Media has acquired the remaining 50% stake in Safari Books, a subscription ebook service offering access to business and tech content, originally launched as a joint venture with the Pearson Technology Group in 2001. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-05 00:00:00 UTC ]
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