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 U.S. Ambassador and CNET Exec Buys Louisville Magazine

Louisville Magazine and its website Louisville.com have been purchased by former U.S. ambassador to the United Kingdom, Matthew Barzun, for an undisclosed amount. The monthly publication, which is known in its community for shedding light on often-ignored neighborhoods and stories, will be under... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-28 00:00:00 UTC ]
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Fatherly Taps Condé Nast Exec as VP of Marketing | People on the Move

[caption id="attachment_134125" align="alignright" width="150"] Kelley Gudahl[/caption] Kelley Gudahl was tapped as Fatherly’s first VP of marketing this week. In her new position, Gudahl will be tasked with leading the pre-sale RFP process, generating multi-purpose franchise ideas with the... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-23 00:00:00 UTC ]
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Barack Obama's summer reading list includes empathy, understanding and 'Factfulness'

Former President Obama has shared his summer reading list, and it shows a drive toward understanding and empathy. Obama posted some of his book recommendations on Facebook on Sunday. The former president praised five books he's enjoyed in the last months, including a novel by a Canadian literary... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-20 00:00:00 UTC ]
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Facebook exec: media firms that don't work with us will end up 'in hospice'

Campbell Brown, head of news partnerships, tells publishers that without Facebook’s help their businesses will dieA senior Facebook executive told Australian media companies that if they didn’t cooperate with the social network, their businesses would die.According to a report by The Australian,... Continue reading at The Guardian

[ The Guardian | 2018-08-14 00:00:00 UTC ]
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Facebook hires Spiegel exec (and sometimes critic) to strengthen relations with publishers in Europe

“A lot of trust has been destroyed in the past months due to Facebook's unpredictable and unreliable actions." The post Facebook hires Spiegel exec (and sometimes critic) to strengthen relations with publishers in Europe appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-07-02 00:00:00 UTC ]
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Condé Nast exec Dawn Ostroff departs, joins Spotify

Spotify has named Dawn Ostroff as its new chief content officer, the company said Tuesday, replacing Stefan Blom who departed the music streaming platform shortly before it went public. Ostroff will lead all aspects of Spotify's content partnerships across music, audio and video, the company... Continue reading at Advertising Age

[ Advertising Age | 2018-06-26 00:00:00 UTC ]
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Facebook, New York Times Execs Get Into Heated Debate Over Ad Policy

Campbell Brown, head of global news partnerships at Facebook, said publishers have "welcomed" the company's approach to including them in their political ads policy. Mark Thompson, CEO of The New York Times, called bullshit. Brown and Thompson were discussing the findings in the 2018 Reuters... Continue reading at AdWeek

[ AdWeek | 2018-06-15 00:00:00 UTC ]
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British Book Awards Include Political Commentary Amid Celebration

The 'Nibbies,' as they're known, combined their usual glamour with a certain amount of politically tinged commentary, Brexit coming in for sharp criticism as the industry's best-performing people and writings were honored at the British Book Awards. The post British Book Awards Include Political... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-15 00:00:00 UTC ]
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This Week's Bestsellers: May 14, 2018

The #1 book in the country is 'A Day in the Life of Marlon Bundo,' Rick Riordan’s 'The Burning Maze' tops our children's list, Andrew Sean Greer’s Pulitzer-winning 'Less' appears on our Hardcover Fiction list for the first time, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
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PW Picks: Books of the Week, May 14, 2018

This week: Michael Chabon on fatherhood, plus Michael Pollan on how to change your mind. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
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Book Deals: Week of May 14, 2018

A former porn star lands at Picador, Delacorte nabs a YA debut from poet Morgan Parker, and more in this week's book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
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Frankfurter Buchmesse’s 70th Year Events Include Opening of the Frankfurt Pavilion

The new 300-seat performance and presentation space being created for the Agora at the center of Frankfurter Buchmesse is designed to be dismantled and stored from year to year. The post Frankfurter Buchmesse’s 70th Year Events Include Opening of the Frankfurt Pavilion appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-03 00:00:00 UTC ]
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Abu Dhabi International Book Fair Includes 25 Translations from French, English, and German

With 1,350 exhibitors on tap and more than 800 sessions and events planned for visitors, the 28th iteration of  the Abu Dhabi International Book Fair is expected to showcase some 500,000 titles and to introduce the Kalima Translation Project's latest volumes. The post Abu Dhabi International... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-19 00:00:00 UTC ]
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Chris Ferrell’s Endeavor Business Media Recruits Another SouthComm Exec

The newly formed trade publisher says another round of acquisitions is imminent. The post Chris Ferrell’s Endeavor Business Media Recruits Another SouthComm Exec appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-17 00:00:00 UTC ]
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Why publishers’ membership programs often include access to editorial staffers

Publishers including The Atlantic, New York magazine and Spirited Media give members access to their reporters. The post Why publishers’ membership programs often include access to editorial staffers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-04-13 00:00:00 UTC ]
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Brace Yourself, James Comey Wrote a Memoir. Here’s Some of What It Says, “the Golden Showers Thing” Included.

Former FBI Director James Comey has a book dropping on Tuesday, so prepare for the president of the United States to be tweetin’. The Republican Party is already gearing up for a fight with a Trumpspeak-inspired “Lyin’ Comey” website. While it will surely be interesting and instructive to hear... Continue reading at Slate

[ Slate | 2018-04-13 00:00:00 UTC ]
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London Book and Screen Week CAMEO Awards Include Film, Stage, Gaming Adaptations

The public-facing London Book and Screen Week opens with adaptation awards in film, television, gaming, audio, and stage. The post London Book and Screen Week CAMEO Awards Include Film, Stage, Gaming Adaptations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-10 00:00:00 UTC ]
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Conde Nast’s digital leadership ranks thin with recent exec departures

The departures come at a particularly challenging time for the embattled prestige magazine publisher. The post Conde Nast’s digital leadership ranks thin with recent exec departures appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-04-10 00:00:00 UTC ]
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Closures and lay-offs for France Loisirs

The France Loisirs book club and its four service subsidiaries will close 36 of its 200 retail outlets and lay off 450 of its 1,350 staff in France. Continue reading at The Bookseller

[ The Bookseller | 2018-04-04 00:00:00 UTC ]
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Ferry good show: McFall trilogy sells into 14 markets

Scottish author Claire McFall’s Ferryman trilogy has sold in 14 territories since the film rights were bought by Legendary Entertainment in January, says Ben Illis, founder of the Ben Illis Agency. Continue reading at The Bookseller

[ The Bookseller | 2018-03-27 00:00:00 UTC ]
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