Tate has announced it is making 313 redundancies in its commercial operations, Tate Enterprises, including at its bookshops and publishing arm. Continue reading at 'The Bookseller'
[ The Bookseller | 2020-08-12 12:23:19 UTC ]
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#commercial operations
#publishing arm
Even as layoffs, pay cuts and indefinite furloughs become an almost daily occurrence in the media industry, news about such developments grows no less tragic and alarming. Such was the case Thursday morning, when Atlantic Media chairman David Bradley revealed in a staff memo that, despite... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-21 16:30:08 UTC ]
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#financially viable
#full ownership
#feel optimistic
#monthly traffic
#audience growth
Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
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#multiple sources
#provide details
#difficult decision
#sources familiar
#longtime editor-in-chief
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#ll update
#informa plc
The Economist Group is laying off 90 employees, about 7% of its 1,300 total staffers, the company said Friday, citing the business impact of the COVID-19 pandemic. The cuts primarily affected employees in events and client solutions roles, as well as TVC, the London-based content marketing... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-15 15:03:09 UTC ]
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#company declined
#economist group
#editorial team
#broader set
#digital offerings
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#pay cuts
#difficult decision
#statement provided
Chancellor drops 20% levy on online news subscriptions and books as industry strugglesAmazon has confirmed it will cut the price of its Kindle ebooks from Friday, after the government announced it would bring forward plans to stop charging VAT on online publications because of the pandemic.The... Continue reading at The Guardian
[ The Guardian | 2020-04-30 18:11:42 UTC ]
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#kindle ebooks
#government announced
#online publications
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Jo Fenn is the HR Director of Imagine That Publishing and the star of this week's My Job in 5 Continue reading at The Bookseller
[ The Bookseller | 2020-04-21 15:48:57 UTC ]
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Simon & Schuster Children’s UK has pre-empted a "major", three-book middle-grade series from debut children's author Larry Hayes, in a six-figure deal struck following a "high-speed pitch" via video conferencing platform Zoom. Continue reading at The Bookseller
[ The Bookseller | 2020-04-21 06:25:25 UTC ]
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#middle-grade series
#six-figure pre-empt
#children's author
Facing what it called "a significant decline in advertising revenues" as a result of the COVID-19 pandemic, Meredith Corp. says it's implementing sweeping pay cuts across 60% of its approximately 5,000 employees, suspending quarterly dividends and withdrawing the 2020 fiscal outlook it... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-20 17:45:12 UTC ]
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#homes gardens
#magnolia journal
#sweet july
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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#cut costs
#bloomsbury
The world's largest exhibitions organizer, London-based Informa plc, outlined on Thursday morning a series of emergency actions it's taking to alleviate the impact of the COVID-19 pandemic on its events business, which drives nearly two-thirds of the company's overall revenues. Noting that the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-16 18:02:14 UTC ]
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Meet Federico Andornino, Editorial Director at Orion Books, he's under the spotlight this week for My Job in 5. Continue reading at The Bookseller
[ The Bookseller | 2020-04-16 13:02:33 UTC ]
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#orion books
Peter Phillips is the CEO of Cambridge University Press and he's under our spotlight for this week's My Job in 5. Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 23:05:38 UTC ]
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#cambridge university press
Becca Harper-Day is a Digital and Social Marketing Manager and lets us in on how she drives crowdfunding for Unbound Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 19:31:48 UTC ]
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Some publishers already reeling from lost revenue as a result of the COVID-19 pandemic are about to take another hit. Amazon says it will soon drastically reduce the commission rates of its affiliate marketing program—the cut of sales it rewards to participating websites that drive customers to... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-15 01:15:20 UTC ]
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#retail partners
#bauer media
#bonnier corp
#hearst magazines
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#digital trends
#york magazine
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#bonnier
Bucking the newspaper industry trend, Hearst Corporation has told its newsrooms there will be no layoffs, no furloughs and no Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-04-09 14:52:48 UTC ]
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#pay cuts
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The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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#national endowment
#$75 million
John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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#coronavirus outbreak
#$50 million
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Diamond Distributors founder Steve Geppi outlined the terms under which the distributor of comics, graphic novels, and prose books would resume payments to publishers and other vendors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-07 04:00:00 UTC ]
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#payment terms
#pay cut
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Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-04-03 21:34:37 UTC ]
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#digital media
The steady erosion of book sales is impacting all parts of publishing as the Covid-19 pandemic tightens its grip of the U.S. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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#book sales
Macmillan Publishers has laid off an undisclosed number of employees across all divisions, temporarily reduced pay for select employees, and implemented a hiring freeze, effective today. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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#macmillan publishers
#hiring freeze
#effective today
#macmillan