SpinMedia Gets New Investors, Hires New CRO

SpinMedia Group, a publisher of celebrity and entertainment sites, today announced that it's lined up new investors and hired sales vet Tom Morrissy as chief revenue officer as it attempts to put its struggling financial past behind it. The company has lately made headlines for laying off staff and shutting down the print magazine editions of Spin and Vibe; the staff of 165 is down from more than 250 last September. SpinMedia hasn't been consistently profitable, CEO Dale Strang admitted. But he said that he hoped to finally achieve that goal for real "early this year." His predecessor made similar pronouncements that didn't materialize, but Strang said the difference this time around is that the company has a new structure that's allowed it to vastly reduce its debt. SpinMedia (formerly Buzz Media) just got in $10 million in new funding from investors including MC Partners, Focus Ventures, Anthem Ventures and TDF Ventures. The Web publisher is in the process of rolling out mobile responsive sites to capture consumers and ad dollars that are moving to smaller screens. It's also focusing on its sites deemed to have the most growth opportunity, starting with ones like The Frisky, Stereogum, Idolator, Spin and its biggest, Celebuzz. "We're really bullish," Strang said. "Entertainment as a category continues to grow. With this new structure and focus, we can hire people like Tom to bring it to market successfully." Morrissy knows his way around entertainment and digital... Continue reading at 'AdWeek'

[ AdWeek | 2014-02-04 00:00:00 UTC ]
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McMillan appointed director at Midas amid string of promotions and hires

Hannah McMillan has been promoted to director at Midas amid a string of promotions and new hires at the communications agency. Continue reading at The Bookseller

[ The Bookseller | 2022-02-01 04:10:51 UTC ]
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Boston Speaks Up with investor, entrepreneur and Butlr president Raghav Gupta

In the latest podcast episode of Boston Speaks Up, Raghav “Rags” Gupta shares his thoughts on entrepreneurship and ideas from his bestselling book "One to Ten: Finding Your Way from Startup to Scaleup." Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2022-01-11 12:25:00 UTC ]
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Politics and Prose employees moved to unionize—then the store owners hired an anti-union law firm.

DCist reports that workers at DC’s indie bookstore Politics and Prose have decided to unionize, joining a growing list of bookstores (and other workplaces) that have unionized this year. If they do unionize, they’ll become the only bookstore in DC with a unionized workforce. But Politics and... Continue reading at Literrary Hub

[ Literrary Hub | 2021-12-17 16:47:07 UTC ]
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Question how you hire

Most of us will have been to at least one job interview where we felt a real connection with our interviewer. Continue reading at The Bookseller

[ The Bookseller | 2021-12-10 00:18:14 UTC ]
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Knights Of gets first public investor as 9 Story acquires stake

Nine Story Media Group has acquired a minority equity stake in Knights Of, becoming the inclusive publisher's first public investor. Continue reading at The Bookseller

[ The Bookseller | 2021-10-01 03:32:48 UTC ]
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String of hires at One More Chapter as Morgan steps up

HarperCollins digital-first division One More Chapter has announced a number of new hires in both its marketing and editorial teams and a promotion for assistant editor Bethan Morgan. Continue reading at The Bookseller

[ The Bookseller | 2021-09-29 18:15:19 UTC ]
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Graywolf Hires Soft Skull Editor-in-Chief

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[ Publishers Weekly | 2021-03-01 05:00:00 UTC ]
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Five Religion Publishers Announce Promotions, Hires

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A Kids Book About building a podcast network, hires head of podcasts

The fast-growing children's book publisher A Kids Book About is building a podcast network to extend its reach and expand the way it tells stories and sparks conversations. Continue reading at Silicon Valley Business Journal

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Hodder scoops biography of Silicon Valley investor Masayoshi Son

Hodder & Stoughton is publishing the first English-language biography of Silicon Valley investor and SoftBank c.e.o. Masayoshi Son in June.  Continue reading at The Bookseller

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Guardian Media Group hires new advertising chief

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Comscore's new investors will leave once embattled company is 'essentially debt free'

CEO Bill Livek alludes to bigger, but debt-laden, rival Nielsen with analogy to how Netflix overtook Blockbuster. Continue reading at Advertising Age

[ Advertising Age | 2021-01-08 00:41:20 UTC ]
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'Much work to do': pay transparency and hiring processes must change now, FutureBook hears

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Kurien hired to drive rapid expansion of Orion Dash list

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Frisco social media network raises angel funding from Austin investor

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[ Silicon Valley Business Journal | 2020-10-24 12:00:00 UTC ]
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Our Frankfurt Magazine: Denmark’s Saga Egmont Is Hiring for Digital Releases

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[ Publishing Perspectives | 2020-10-18 13:25:15 UTC ]
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Bernardine Evaristo to UK Publishing: Hire More Diverse People

At the Frankfurt Book Fair conference, writer Bernardine Evaristo delivered a forceful keynote on the systemic bias against people of color in the UK publishing industry The post Bernardine Evaristo to UK Publishing: Hire More Diverse People appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-14 18:02:09 UTC ]
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Good Literary Agency hires Ogunsanwo as agent

The Good Literary Agency (TGLA) has hired Kemi Ogunsanwo as an agent, tasked with building a list across fiction and non-fiction. Continue reading at The Bookseller

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Bookouture hires Bonnier's Proko in audio push

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PRH accelerates inclusion plan with targets on leadership, hires and books

Penguin Random House has published an “accelerated inclusion plan”, including a commitment on "radical and urgent action" to make its senior leadership teams representative of UK society. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 07:47:24 UTC ]
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