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 ]
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As the campaign season ramps up, so too are the releases of political memoirs; we recently saw publication of Chris Christie’s "Let Me Finish," as well as Cliff Sims’ gossipy “Team of Vipers: My 500 Extraordinary Days in the Trump White House.” One of the most high-profile books is by a notable... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-29 00:00:00 UTC ]
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Job losses follow sales or cuts at Mic, Refinery29 and elsewhere, but publishing as a whole had already shrunk sharplyRevenue-per-click, the business strategy that has informed digital publishers for years, was effectively pronounced DOA this week as leading players in a sector once viewed as... Continue reading at The Guardian
[ The Guardian | 2019-01-27 00:00:00 UTC ]
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The athlete-centric sports publisher has laid off eight employees as the business undergoes a strategic shift. The post Bad week for digital media: The Players’ Tribune lays off eight appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-01-26 00:00:00 UTC ]
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A confident indie bookselling sector looks to the future—and to next year's conference in Baltimore, Md. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-25 00:00:00 UTC ]
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Online publisher announces job losses to shore up finances as Verizon unveils plan to sack 800 workersBuzzFeed has announced plans to lay off hundreds of staff, as digital media firms struggle to turn a profit while dealing with the same financial issues that have plagued traditional publishers... Continue reading at The Guardian
[ The Guardian | 2019-01-24 00:00:00 UTC ]
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"We generated revenue from brands. If content was so important, you’d think we would be trying harder to please publishers." The post ‘Publishers were always a second priority’: Confessions of a former Facebook exec on the platform’s struggles with video appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-01-18 00:00:00 UTC ]
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The executive chairman of the Booksellers Association has called for positivity in the year ahead as he says booksellers are bucking the trend of high street closures. Continue reading at The Bookseller
[ The Bookseller | 2019-01-03 00:00:00 UTC ]
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Leodora Darlington, publishing executive at Bookouture, has launched Owned Voices - a creative writing workshop focused specifically on nurturing writing talent from traditionally underrepresented backgrounds in publishing. Continue reading at The Bookseller
[ The Bookseller | 2018-12-15 00:00:00 UTC ]
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Librarians keep the heat on in the final days of the 115th Congress; Congress wastes a chance to get answers out of Google CEO Sundar Pichai; and more on the University of California's tough negotiation with publisher Elsevier. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-14 00:00:00 UTC ]
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Luthfa Begum, Ebury’s digital publishing lead, is leaving Penguin Random House after more than 14 years. Continue reading at The Bookseller
[ The Bookseller | 2018-12-08 00:00:00 UTC ]
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An advertising and product development executive at a traditional news publisher discusses the internal tug of war. The post ‘There is no dialogue’: Confessions of a publisher product development exec appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-12-05 00:00:00 UTC ]
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Relationship blogger Ashley Willis is bringing her next book to FaithWords, IVP signed a book of letters from a mother to her son about race, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-14 00:00:00 UTC ]
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The Chancellor of the Exchequer Philip Hammond will use today's Budget to announce a £1.5bn package of support for the High Street, including £900m in business rate relief, according to widespread reports. Continue reading at The Bookseller
[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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The bestselling Apple Books in biographies and memoirs, fiction and literature, mysteries and thrillers, and more for the week ended October 14, 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-19 00:00:00 UTC ]
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The debut novel from Deepa Anappara, which sparked a flurry of excitement over Frankfurt Book Fair (FBF), has now secured 14 international territories. Continue reading at The Bookseller
[ The Bookseller | 2018-10-17 00:00:00 UTC ]
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There's special interest at Frankfurt in the new category for translated literature, as the 2018 National Book Awards in America announce finalists. The post US National Book Awards Finalists: This Year Including Translations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-12 00:00:00 UTC ]
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Fashioned into everything from clothing to furniture, Hawaii’s exotic, native woods are showing their rich patterns and their versatility during a free exhibit in Honolulu. Designers from across the state and beyond are showcasing their creations at Hawaii's Woodshow, which runs through Sunday.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-10-05 00:00:00 UTC ]
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[caption id="attachment_137733" align="alignright" width="234"] Mike Gulledge[/caption] Longtime Billings Gazette publisher Mike Gulledge—who also serves VP of publishing at Lee Enterprises and regional publisher of the Missoulian and the Ravalli Republic—has announced his resignation from the... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-26 00:00:00 UTC ]
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Facebook is moving forward with its controversial Ad Archive with a new system that will decide whether to include individual publishers in the archive. The post Facebook rolls out system to include news publishers in its controversial Ad Archive appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-09-18 00:00:00 UTC ]
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Warner Bros. Entertainment, now owned by mobile giant AT&T, has formed a new division to make the most of its big brands, including comic book publisher DC Entertainment. The new unit, which carries the buzzword-heavy name of Warner Bros. Global Brands and Experiences, will be led by Pam... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-14 00:00:00 UTC ]
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