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

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Former Thomson Reuters unit Refinitiv to lay off more than 100 in Eagan

Refinitiv, a risk and financial data provider that was once part of Thomson Reuters, is set to lay off more than 100 employees at its Eagan facility. The London-based company will terminate primarily IT-related positions starting in December 2019, according to a filing with Minnesota's... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-17 17:52:04 UTC ]
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New Short Fiction, Including a National Book Foundation Honoree

Ashley Wurzbacher’s debut, “Happy Like This,” is among this fall’s standout story collections. Continue reading at The New York Times

[ The New York Times | 2019-10-15 09:00:08 UTC ]
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This week's agency moves, hires, and partnerships: October 14, 2019

Serviceplan Group Middle East hired Akhilesh Bagri as executive creative director. Previously, he held positions at BBDO, JWT, Leo Burnett and FP7 on brands including HSBC, Coca-Cola, Mastercard, Emirates Airlines, HSBC, Sony, PepsiCo, Nestle and Mars. Gabriel Guedelha joins The Via Agency as... Continue reading at Advertising Age

[ Advertising Age | 2019-10-14 19:04:03 UTC ]
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Book Deals: Week of October 14, 2019

Seven-figure deals dominate this week’s column, as publishers open their wallets in the run-up to this week’s Frankfurt Book Fair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-11 04:00:00 UTC ]
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This Week's Bestsellers: October 14, 2019

MSNBC host Rachel Maddow has the #1 book in the country with ‘Blowout.’ Plus Ryan Holiday, the Daily Stoic, reminds acolytes that ‘Stillness Is the Key,’ and Reese’s Book Club selects a nonfiction title about ‘Fair Play.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-11 04:00:00 UTC ]
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Century triumphs in 14-way auction for memoirs of Anti-Social Behaviour Officer

Century has snapped up the "wickedly-funny and heartbreaking" memoirs of an Anti-Social Behaviour Officer following a major 14-publisher auction. Continue reading at The Bookseller

[ The Bookseller | 2019-10-10 22:25:39 UTC ]
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Anthony Bourdain’s estate auction includes a lot of his early writings.

An auction of various things from the estate of Anthony Bourdain, the late writer, chef, and TV host, is happening now through October 30, and it includes a number of Bourdain’s early writings. The current bid for the original manuscript of A Chef’s Christmas, his 2002 holiday audiobook, is... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-10 18:10:41 UTC ]
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Ex-Pan Mac chief exec Charkin joins finance firm Trillium

Ex-Pan Mac c.e.o. Richard Charkin has joined private capital and mergers and acquisition specialists Trillium Partners as a senior advisor. Continue reading at The Bookseller

[ The Bookseller | 2019-10-09 20:33:04 UTC ]
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Tariffs on E.U. Goods to Include Books

New tariffs imposed by the Trump administration on goods imported from the European Union will include books produced in Germany and the U.K. These titles will be subjected to a 25% tariff beginning October 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-03 04:00:00 UTC ]
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A Woman Confronted Her Rapist 14 Years Later. Here’s What He Said.

In her memoir “Things We Didn’t Talk About When I Was a Girl,” Jeannie Vanasco seeks answers to her trauma. Continue reading at The New York Times

[ The New York Times | 2019-10-01 09:00:06 UTC ]
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Laying Down and Rolling Over on Pub Dates (shelftalker)

The tricky business of managing “onsale” dates creates friction between publishers and booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-16 12:00:16 UTC ]
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2019 Booker Shortlist Includes Atwood, Rushdie

Two former winners, Margaret Atwood and Salman Rushdie, both made the cut—a week before Atwood's book, 'The Testaments,' has even been published. Lucy Ellmann, Bernardine Evaristo, Chigozie Obioma, and Elif Shafak are also still in the race. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-03 04:00:00 UTC ]
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David Lynch’s 5 favorite books include these surprising beach reads!

lol. jk. My dude has never been to the beach. Dave’s actual Top 5 list (according to Far Out magazine) is, of course, a throughly Lynchian quintet of unheimlich surrealism, existentialist historical fiction, disturbing found photography, hundred-year-old art criticism, and auteur biography. Each... Continue reading at Literrary Hub

[ Literrary Hub | 2019-08-22 16:15:22 UTC ]
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Hearst Promotes Three Execs, Begins Search for Chief Business Officer | People on the Move

Hearst Magazines announced new roles for three executives within its corporate sales and marketing structure, the first stages of a succession plan following last month's departure of Michael Clinton, who retired and transitioned to an advisory role after spending the last nine years as Hearst... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-15 20:06:35 UTC ]
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Literary San Diego: A Reading List That May or May Not Include Ron Burgundy

What place does San Diego have in the cultural imagination? Because this is where I grew up, it’s hard for me to see it clearly. San Diego can seem like a joke—always trying to be something more than what it is, never measuring up, the overlooked younger sibling of LA and San Francisco. Our... Continue reading at Literrary Hub

[ Literrary Hub | 2019-08-05 08:48:04 UTC ]
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Bloomsbury signs deal with Classoos for 14,000 academic books

Bloomsbury has signed a licensing agreement to make 14,000 of its academic books available through digital textbook platform Classoos. Continue reading at The Bookseller

[ The Bookseller | 2019-07-25 06:50:05 UTC ]
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Booker Prize longlist includes Margaret Atwood, Salman Rushdie, Valeria Luiselli

The Booker Prize Foundation revealed the longlist for its literary award Tuesday, with Margaret Atwood, Salman Rushdie, Valeria Luiselli and Jeanette Winterson among the nominees. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-07-24 19:43:58 UTC ]
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Why Active Interest Media Salvaged 14 Titles From the F+W Bankruptcy

After F+W Media filed for chapter 11 bankruptcy protection and auctioned off its portfolio of 50 magazines earlier this year, Active Interest Media’s Cruz Bay Publishing placed the winning bids for 14 total brands across the Woodworking, Writing, Horticulture and Collectibles Groups, in order... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-23 18:09:05 UTC ]
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Should books include credits like films?

Books are generally presented as the work of one person, but almost 60 others worked on mine. But will readers care enough to read about them?We writers lead a necessarily solitary life – at least, that’s what we like to think. Though the act of writing can involve lots of lonesome glaring at an... Continue reading at The Guardian

[ The Guardian | 2019-07-19 06:01:08 UTC ]
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Separation of Church and State Is (Mostly) Dead in Media, Execs Say

The age-old sacred barrier that once separated media companies' editorial and sales teams has all but disappeared in the age of branded content and marketing services—and that isn't necessarily a bad thing, a panel of media-company CEOs suggested at a recent Folio:-hosted roundtable in New... Continue reading at Folio Magazine

[ Folio Magazine | 2019-07-18 17:39:35 UTC ]
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