SourceMedia Lays Off 14, Including Execs

At least 14 employees have been laid off at SourceMedia, the b2b publisher serving the financial, technology, and healthcare sectors, according to an internal memo obtained by Folio:. The cuts—which appear to range from the senior level down to middle management—arrive about four months after Gemma Postlethwaite took over as the third CEO in the company's 14-year history, succeeding Doug Manoni, who recently stepped down after eight years in the role. Departments impacted include editorial, sales, events, and facilities. SourceMedia declined to comment. The company held an all-hands meeting at its New York headquarters last week "to discuss the direction of the organization," according to one source familiar with the situation. Among those let go were senior VP Jim Callan, who had been with the company since its formation and most recently served as group publisher of Employee Benefit News, Employee Benefit Adviser, and Health Data Management. Going forward, his duties will be split by Kurt Kriebel and Rich West, who were each elevated to publisher. Also affected by the cuts was VP Paul Vogel, another company veteran, who most recently headed up SourceMedia's in-house content studio. "I would like to thank all employees who are leaving for their years of service and wish them well in their future endeavors," wrote Postlethwaite in the memo. The layoffs, which some sources speculate arrive amid pressure from equity backer Observer Capital to trim costs, cap off a bumpy 12... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-08-08 00:00:00 UTC ]
News tagged with: #source familiar #recently served #trim costs

Other Publishing stories related to: 'SourceMedia Lays Off 14, Including Execs'


SourceMedia Lays Off 14, Including Execs

At least 14 employees have been laid off at SourceMedia, the b2b publisher serving the financial, technology, and healthcare sectors, according to an internal memo obtained by Folio:. The cuts—which appear to range from the senior level down to middle management—arrive about four months after... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #source familiar #recently served #trim costs


IPG Lays Off Nine, Including Key Editors at Chicago Review Press

IPG CEO Joe Matthews told PW the company remains committed to its 50-year-old publishing programs but that "the current market" required adjustments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing programs #current market


Four More Execs Depart SourceMedia in Latest Restructuring

The shakeup continues at SourceMedia. Chief content officer David Longobardi is out after 11 years in the role and 15 with the company as it prepares to reveal a series of new additions to its executive team, Folio: has learned. The lone holdover on a five-person C-suite that has now entirely... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-22 18:08:05 UTC ]
More news stories like this | News stories tagged with: #senior writer #recent weeks #general manager #marketing department #client solutions #developing story


Time Inc. Names New Editors, Including a Former Hill Holliday and JWT Exec

Time Inc., the nation's largest magazine publisher and owner of titles like People and Time, announced another editorial shakeup Wednesday, marking its second masthead move in a week.Hunter Lewis, the executive editor at Time Inc.'s Southern Living magazine, was named editor of Cooking Light on... Continue reading at Advertising Age

[ Advertising Age | 2014-08-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #named editor #cooking light #verified circulation #audited media


The week's bestselling books, April 14

The Southern California Independent Bookstore Bestsellers list for Sunday, April 14, 2024, including hardcover and paperback fiction and nonfiction. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-04-10 13:00:31 UTC ]
More news stories like this | News stories tagged with: #bestselling books #including hardcover #paperback fiction #paperback #hardcover #independent bookstore


Kobo’s new ereaders include its first with color displays

Rakuten has a trio of new Kobo ereaders, including the company’s first two with color displays. On Wednesday, the company revealed the $220 Kobo Libra Colour and $150 Clara Colour alongside the monochrome $130 Clara BW. You can preorder them today, ahead of their April 30 launch. The Kobo Libra... Continue reading at Engadget

[ Engadget | 2024-04-10 04:01:53 UTC ]
More news stories like this | News stories tagged with: #front light #ebooks


Roald Dahl rewritten by stars including Greg James, Adam Kay and Konnie Huq

James has co-written a spin-off of The Twits with Chris Smith, while a short story collection, Charlie and the Christmas Factory, will be published in OctoberThe Twits and Matilda are among the much-loved Roald Dahl characters set to appear in brand new stories inspired by the late British... Continue reading at The Guardian

[ The Guardian | 2024-04-05 13:47:01 UTC ]
More news stories like this | News stories tagged with: #greg james #adam kay #konnie huq #chris smith #stories inspired #stories written #publishing director


On Publishing My Memoir of Grief As My Father Lays Dying

“My job as a parent isn’t over until your book gets published,” my father said, years ago. I don’t remember the circumstances of this statement—where we were, what we were doing. I want to say it had something to do with his body, maybe the deterioration of his lungs to COPD, his breathing so... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-27 08:54:34 UTC ]
More news stories like this | News stories tagged with: #memoir


Book Riot’s Children’s Deals of the Day for February 14, 2024

A dirty cat, complicated middle school friendships, a cut-throat school election, and more of today's best children's book deals. Continue reading at Book Riot

[ Book Riot | 2024-02-14 14:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #children's book


Oregon weekly newspaper to relaunch print edition after theft forced it to lay off its entire staff

An Oregon weekly newspaper that had to lay off its entire staff after its funds were embezzled will relaunch its print edition next month Continue reading at ABC News

[ ABC News | 2024-01-28 01:58:28 UTC ]
More news stories like this | News stories tagged with: #print edition


UK: The Research and Scholarly Forum: London Book Fair, March 14

The 'Research and Scholarly Forum' at London Book Fair will look at AI, open access, and academic publishing policy. The post UK: The Research and Scholarly Forum: London Book Fair, March 14 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-01-22 19:37:19 UTC ]
More news stories like this | News stories tagged with: #post uk #open access #academic publishing #london book fair


Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce Continue reading at ABC News

[ ABC News | 2024-01-11 22:47:05 UTC ]
More news stories like this | News stories tagged with: #job cuts #audiobook


Audible reportedly lays off over 100 employees

If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most... Continue reading at Engadget

[ Engadget | 2024-01-11 22:00:11 UTC ]
More news stories like this | News stories tagged with: #strong year #variety reports #recent round #uncertain times #strong performance #good shape #audiobook


The week's bestselling books, Jan. 14

Southern California Independent Bookstore Bestsellers list for Sunday, January 14 Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-01-10 13:00:07 UTC ]
More news stories like this | News stories tagged with: #bestselling books #independent bookstore


AI: Copyright Challenges Now Include a New York Times Lawsuit

The newly launched lawsuit of OpenAI and Microsoft by The New York Times parallels legal actions from the book publishing industry. The post AI: Copyright Challenges Now Include a New York Times Lawsuit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-01-04 19:59:05 UTC ]
More news stories like this | News stories tagged with: #post ai #book publishing


Lit Hub Daily: December 14, 2023

To the members of the literary community we lost this year, we say a last thank you, and goodbye. | Lit Hub Shaan Sachdev pens an ode to Chandler Bing, “one of sarcasm’s most effective global exporters.” | Lit Hub Film & TV What Rachel Zucker is reading now and next, from Mary Ruefle’s The […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-14 11:30:20 UTC ]
More news stories like this | News stories tagged with: #rachel zucker #literary community