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 agency acquired by The Economist Group in 2012, a company spokeswoman said, adding that the The Economist's editorial team was spared from any changes. Additionally, the company is shifting its bimonthly lifestyle magazine, 1843, to a digital-only product beginning with its August/September issue, a move that it says was already under consideration but accelerated by the pandemic. That development comes about 14 months after 1843 was relaunched for the second time in three years, with a new editor and, notably, a broader set of digital offerings. Several top executives are taking voluntary salary reductions, including CEO Lara Boro and editor-in-chief Zanny Minton-Beddoes as well as the members of the board, though the company declined to share details on the pay cuts. "We have made the difficult decision to restructure and reduce roles in the parts of our business most affected by COVID-19," reads a statement provided to Folio:. "Each one of our departing colleagues has been instrumental in helping us build the business we have today and leaves with our heartfelt thanks and our promise to build on the legacy they leave behind.” Like many publishers, The Economist Group has seen an... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-05-15 15:03:09 UTC ]
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American writer Janice Deal’s “Lost City” has won the Moth Short Story Prize 2021, judged by Ali Smith, while Stratford-upon-Avon butcher Kathy Stevens has scooped second prize. Continue reading at The Bookseller
[ The Bookseller | 2021-09-01 16:38:23 UTC ]
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A new paid externship program aims to entice students from underrepresented groups to consider a career in educational publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-26 04:00:00 UTC ]
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She focuses on racism and other ills, but without offering context or recognizing progress. Continue reading at The Washington Post
[ The Washington Post | 2021-08-20 12:00:00 UTC ]
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The purchase of Workman is the publisher’s sixth acquisition in eight years—and its biggest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-20 04:00:00 UTC ]
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There’s a scene in 2014’s Wolfenstein: The New Order where J, a character inspired by Jimi Hendrix, explains to the game’s white protagonist, BJ Blazkowicz, why he’s not fighting. After Blazkowicz talks back, J tells him: "You don't get it, do you? Before all this, before the Germans, before the... Continue reading at Engadget
[ Engadget | 2021-08-19 17:45:33 UTC ]
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Amazon’s oldest Kindles are being cut off from the internet. But don’t blame Amazon—these e-readers are collateral damage in the phaseout of 2G and 3G cellular service.The first two generations of Kindle e-readers used a cellular antenna to connect to the internet for downloading content.... Continue reading at PC World
[ PC World | 2021-08-18 16:45:00 UTC ]
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Hachette Book Group has announced that it is to acquire Workman Publishing, an independent publisher in the US, for $240m (£174m). Continue reading at The Bookseller
[ The Bookseller | 2021-08-17 21:02:19 UTC ]
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Workman Publishing, more than 50 years old, is one of the United States' largest independent publishers with a focus in nonfiction. The post Hachette Book Group Announces Acquisition of Workman Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-16 21:05:46 UTC ]
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Travel publishers have reported an uptick in sales in recent months as coronavirus restrictions have eased. However many warn it may be “years” until things return to normal, with some pivoting towards popular UK and activity-based guides. Continue reading at The Bookseller
[ The Bookseller | 2021-08-16 11:20:27 UTC ]
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A senior editor at a digital publisher had been looking forward to working from the company’s office but, with masks now required, has found there aren’t many reasons to go. The post ‘Harder than I expected’: Confessions of a media employee on their experience returning to the office appeared... Continue reading at Digiday
[ Digiday | 2021-08-16 04:01:00 UTC ]
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Sporting titles are moving beyond rote tellings of achievement as a number of stars from across disciplines are using their platforms to speak out on broader societal issues. Continue reading at The Bookseller
[ The Bookseller | 2021-08-12 14:56:47 UTC ]
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On this day in 1937, the prolific author Walter Dean Myers was born Walter Milton Myers in Martinsburg, West Virginia. The three-time National Book Award finalist was known for his realistic, groundbreaking, affecting portrayals of the Black urban experience, which did not shy away from... Continue reading at Literrary Hub
[ Literrary Hub | 2021-08-12 14:30:33 UTC ]
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Bluebird has landed two more books from Solve for Happy (Bluebird) author and entrepreneur Mo Gawdat. Continue reading at The Bookseller
[ The Bookseller | 2021-08-12 07:44:28 UTC ]
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Baking blogger Jane Dunn's cookbook Jane's Patisserie (Ebury) has risen straight into the UK Official Top 50 number one spot, selling 44,444 copies through Nielsen BookScan's Total Consumer Market in its first three days on sale. Continue reading at The Bookseller
[ The Bookseller | 2021-08-10 07:50:17 UTC ]
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Online retail giant Amazon has cut back its pioneering drone delivery team, but says it will still have a Prime Air presence in the UK. Continue reading at The Bookseller
[ The Bookseller | 2021-08-09 16:20:14 UTC ]
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At 'Publishers Weekly,' Iyana Jones has been named digital media coordinator, Nathalie Mairena has been hired as digital assistant, and Sophia Stewart has joined as editorial assistant. Mike Morris has been promoted to director of digital operations. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-09 04:00:00 UTC ]
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Denne Michele Norris has been named editor-in-chief of 'Electric Literature' starting on August 10. She succeeds Jess Zimmerman, who had held the role since 2017 before stepping away earlier this summer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-09 04:00:00 UTC ]
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Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine
[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
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From frequency changes and staff reorgs to automation and list cleanup, publishers are getting creative when it comes to ensuring long-term viability. The post How Magazine Publishers Are Cutting Print Costs to Improve Profits appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine
[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
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With budget constraints and shorter times to market, publishers are turning to digital proofs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
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