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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Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek
[ AdWeek | 2018-03-22 00:00:00 UTC ]
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Hours after AWP18 wound down last week, the literary organization's board of trustees severed ties with its longtime executive director, David Fenza. The move has angered a number of former board members and others within the literary community. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-19 00:00:00 UTC ]
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Bonnier Publishing’s acting chief executive has told The Bookseller he is working on a "new strategy" to ensure the company has a "sustainable future", after it emerged that the firm has been beset by profitability issues in recent years. Continue reading at The Bookseller
[ The Bookseller | 2018-03-02 00:00:00 UTC ]
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Picador has triumphed in a 14-way auction for a "heart-stopping and gripping" debut novel set in the Pre-Raphaelite circle of Victorian London. Continue reading at The Bookseller
[ The Bookseller | 2018-03-01 00:00:00 UTC ]
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Finalists for the 2017 Los Angeles Times Book Prizes include Joyce Carol Oates, Ron Chernow, Ta-Nehisi Coates and Jesmyn Ward. The awards will be presented on the campus of USC on April 20, the eve of the L.A. Times Festival of Books. Finalists for the book prizes, which are awarded in 10... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-02-21 00:00:00 UTC ]
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The publication’s editorial team will be combined with other Hearst magazines, including Cosmopolitan. Men’s Health faces a similar fate. It’s bad out there for the magazine industry as more consolidation leads to more dismissals. Hearst Media is laying off at least 15 editorial employees from... Continue reading at Fast Company
[ Fast Company | 2018-02-14 00:00:00 UTC ]
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Among this week's deals, a football fable from Tony Dungy, how to confront hunger from InterVarsity, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
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At the American Magazine Media Conference, top brass acknowledges that the future remains unclear, but brand affinity and loyal readers will light the way forward. The post Magazine Execs Batten Down the Digital Hatches at AMMC appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-02-07 00:00:00 UTC ]
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These are the Facebook execs using Twitter to promote the social network and attack its critics. The post The Facebook execs who turn to Twitter for publisher charm offensive appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-02-01 00:00:00 UTC ]
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The Awl shuts its doors, Hanley Wood expands its data offerings, Cole Publishing acquires several Grand View titles, and more from around the industry. The post Hearst To Lay Off 145 Former Rodale Staffers | Industry Notes appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-01-17 00:00:00 UTC ]
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Microsoft fittingly released Windows 10 Insider Preview Build 17074 in the late hours of Thursday afternoon. The new build adds Quiet Hours, which will automatically dial down notifications, as well as a host of other improvements such as autofilling forms in Microsoft Edge.As might be expected,... Continue reading at PC World
[ PC World | 2018-01-12 00:00:00 UTC ]
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Three weeks after actress and comedian Charlyne Yi leveled sexual harassment charges against Giuseppe Castellano, an executive art director at Penguin Workshop, he has stepped down. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-05 00:00:00 UTC ]
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Now we’re really cooking: New standout cookbooks include 'America: The Cookbook' and 'Milk Street' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-02 00:00:00 UTC ]
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ESPN is laying off about 150 employees, including people who work in studio production, digital content and technology, the sports company said Wednesday. The cuts, which are the latest sign of the financial pressures the Bristol, Conn.-based operation faces, follow a round of layoffs in April... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-30 00:00:00 UTC ]
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Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
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New stores to open in Maryland and Virginia; a Texas store to close; touring Chicago's Dial Books; the day-to-day of a Long Island bookseller; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-14 00:00:00 UTC ]
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Alexandra McNicoll, currently joint head of translation rights at C+W, is joining A M Heath as director of foreign rights from 3rd January 2018. Continue reading at The Bookseller
[ The Bookseller | 2017-11-02 00:00:00 UTC ]
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In the world of digital publishing, sites, brands and podcasts saw tremendous growth this year thanks to politics, partnerships and social media. By being true to themselves and leaning into what they do best, destinations like BuzzFeed's Tasty and Teen Vogue resonated with their audiences even... Continue reading at AdWeek
[ AdWeek | 2017-10-30 00:00:00 UTC ]
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After 30 years, the magazine is shutting down its monthly print issue, per multiple reports, with the November edition as its last. The post Competitor Running Shutters Print Edition, Lays Off Staff appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-10-18 00:00:00 UTC ]
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The shortlist for the Man Booker Prize, considered one of the most prestigious fiction awards in the world, was revealed Wednesday. Three American authors made the cut from the longlist: George Saunders, for “Lincoln in the Bardo”; Paul Auster, for his novel “4 3 2 1”; and Emily Fridlund for... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-09-14 00:00:00 UTC ]
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