Stora Enso Restructures to Drop $63.6 Million in Costs

Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2012-02-09 00:00:00 UTC ]

Other news stories related to: "Stora Enso Restructures to Drop $63.6 Million in Costs"

Daily Mirror and OK! magazine to merge staff

Merging of daily newspaper and celebrity magazine employees is latest move by owner, Reach, to cut costsThe Daily Mirror is to merge its staff with those on the celebrity title OK! magazine in the latest move by the UK’s largest commercial news publisher to further cut costs.The plan to combine... Continue reading at The Guardian

[ The Guardian | 2024-11-23 15:06:40 UTC ]
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Wiley Second Quarter Marked by Rightsizing Efforts

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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HBO Max will just be called 'Max' when it folds in Discovery+ on May 23rd

Soon, when you go to stream Succession or The Last of Us, you'll no longer be looking for an app called HBO Max. As has been rumored, Warner Bros. Discovery (WBD) is changing the name of the streaming service to simply "Max." The company is folding content from Discovery+ into the platform to... Continue reading at Engadget

[ Engadget | 2023-04-12 17:16:11 UTC ]
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After Massive July Layoff, Callisto Media Cuts Staff Further

After a large job cut in mid-July, Callisto Media made another significant staff reduction on Monday in a move to cut costs during an uncertain economic climate. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-25 04:00:00 UTC ]
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Publisher of USA Today, other papers axes staff to cut costs

Newspaper publisher Gannett Co. confirmed Friday that it’s laying off some of its newsroom staff as part of a cost-cutting effort to lower its expenses as its revenue crumbles amid a downturn in ad sales and customer subscriptions Continue reading at ABC News

[ ABC News | 2022-08-12 21:45:49 UTC ]
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The Morning After: The Odin is a capable, portable retro console

When it comes to retro portable gaming, even the better handhelds usually only emulate the original PlayStation and N64 era. But if you’re a fan of the GameCube or PS2 libraries (and you should be), the number of handhelds capable enough, well-made enough and reasonably priced enough is... Continue reading at Engadget

[ Engadget | 2022-05-13 11:15:33 UTC ]
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Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%. Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
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LSC Communications Files for Chapter 11 and Raises $100M in Liquid Capital

After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
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Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 15:51:43 UTC ]
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The Onion gets a new owner

Great Hill Partners, a private equity firm, bought The Onion from Univision Communications Inc. Plus, the firm bought several other Gawker Media properties, including Gizmodo, Deadspin and Jezebel, to Great Hill Partners. Great Hill Partners has enlisted veteran digital editor Jim Spanfeller to... Continue reading at Advertising Age

[ Advertising Age | 2019-04-09 00:00:00 UTC ]
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JetBlue to remove its fares from several online travel booking sites

JetBlue Airways is removing its fares and schedules from 11 online travel booking sites, saying the move will cut costs and help keep fares low. The decision follows the lead of Southwest Airlines, which has long kept its booking information from some of the most popular online travel sites.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-21 00:00:00 UTC ]
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Bye Bye Big Apple: Entertainment Weekly Heads to Hollywood

Entertainment Weekly is preparing to move closer to the film stars and TV personalities it covers. In March it plans to leave the company's headquarters across from 1 World Trade Center and relocate to Los Angeles, moving into offices that also hold People magazine's West Coast operations.The... Continue reading at Advertising Age

[ Advertising Age | 2017-10-05 00:00:00 UTC ]
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Trade Division Bright Spot in Bad Year for HMH

Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-23 00:00:00 UTC ]
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USA Today Offers Buyouts to Veteran Staffers

USA TODAY announced Wednesday that it will offer buyout packages to veteran employees to trim staffing, its latest effort to cut costs and invest more in digital products amid a plan by parent company Gannett to spin off the publishing business as a ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-19 00:00:00 UTC ]
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No more appeals against Suhrkamp restructure

German literary powerhouse Suhrkamp and its publisher Ulla Unseld-Berkéwic who also owns 61% of the company, have been handed an early Christmas gift by the three judges of the Federal Constitutional Court in Karlsruhe. By dismissing an injunction by minority owner Hans Barlach they have allowed... Continue reading at The Bookseller

[ The Bookseller | 2014-12-24 00:00:00 UTC ]
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Sarah Redohl

• Added the role of publisher of Columbia Home magazine to her responsibilities when the previous publisher left. • Took over Columbia Home with a decreased budget, using relationships with vendors to cut costs. Continue reading at Folio Magazine

[ Folio Magazine | 2013-10-10 00:00:00 UTC ]
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SkyDrive, Complex team up for digital magazine distribution

Microsoft’s SkyDrive will host the latest digital issue of Complex magazine, in what might be an effective cost-saving solution for niche publications. Microsoft representatives also indicated that a similar partnership would be revealed on Thursday, with more of a pop-culture bent. The Complex... Continue reading at PC World

[ PC World | 2013-06-04 00:00:00 UTC ]
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