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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SourceMedia Launches New Digital Platform

B2B publisher aims to harness audience engagement, native ad integration with company-wide digital makeover. The post SourceMedia Launches New Digital Platform appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-02-09 00:00:00 UTC ]
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Magazine Company Execs Talk About Taking On Tech, Disruption

The five magazine media company executives who graced the stage at the Grand Hyatt in Midtown Tuesday night all had specific (well, somewhat specific) ideas for how to grow their companies and take advantage of industry-wise disruptions, but only one called for an across-the-board increase in... Continue reading at Advertising Age

[ Advertising Age | 2016-02-03 00:00:00 UTC ]
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Open Road Restructures, Adds New Execs

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[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
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Publishers Association Names New Chief Exec

Stephen Lotinga will succeed Richard Mollet as chief executive of the U.K.-based advocacy group for publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
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Obituary: Penguin Exec Carl L. Jolley

Carl L. Jolley, a longtime Penguin Group (USA) distribution executive who retired in 2009 as v-p, corporate director, distribution, passed away on Monday, December 14, at his home in Pennsylvania. He was 70. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-16 00:00:00 UTC ]
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Mark Tavani Joins Putnam as Exec Editor

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Book Deals: Week of December 14, 2015

Gizmodo’s former editor signs with Tor, Barry Eisler inks a two-book deal with Thomas & Mercer, and more in this week's notable book deals. Continue reading at Publishers Weekly

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This Week's Bestsellers: December 14, 2015

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Ben Greenberg Named Exec Editor at Random House

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Apple News arrives in the UK with 14 newspaper and magazine partners

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[ The Guardian | 2015-10-22 00:00:00 UTC ]
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Illustrators included in Carnegie nominations

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[ The Bookseller | 2015-10-20 00:00:00 UTC ]
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Religion News From Around the Web: October 14, 2015

Maya Angelou’s final act of love and compassion for her mother and how parents can help heighten religious tolerance are among the most-talked about topics online today. Continue reading at Publishers Weekly

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Consumer Rights Act updated to include digital purchases

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[ The Guardian | 2015-10-01 00:00:00 UTC ]
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Authors on the Air September 14, 2015: Bethany McLean

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Book Deals: Week of September 14, 2015

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This Week's Bestsellers: September 14, 2015

‘The Girl in the Spider's Web,” which continues Stieg Larsson’s Millennium series, is the #1 book in the country. Plus the literary journey to the next Star Wars movie begins, a Philadelphia bakery's book debuts in hardcover nonfiction before its official on-sale date, and much more. Continue reading at Publishers Weekly

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Conde Nast Taps Two Execs to Lead Branded Entertainment Arm

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[ Advertising Age | 2015-09-11 00:00:00 UTC ]
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PW Asks: You Read A Lot of Books This Summer, Including 'Watchman'

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