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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All Chicago Public Schools high school students and staff can freely access the e-book and digital audio of 'A Promised Land' through December 31, 2020, via OverDrive's Sora app. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-24 05:00:00 UTC ]
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The Borough Press has bought The Aerialists by Katie Munnik, a “haunting” novel based on the true story of teenage girl who fell to her death during the Great Exhibition of 1896. Continue reading at The Bookseller
[ The Bookseller | 2020-11-22 19:21:41 UTC ]
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For many in the university press sector, the pandemic’s impact on digital working practices and consumption patterns have hastened plans to transition—and a number are positive about the future Continue reading at The Bookseller
[ The Bookseller | 2020-11-22 15:12:18 UTC ]
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The incoming president of the Association of Rural & Small Libraries argues that Covid-19 has shown us the urgent need for a national broadband strategy and a more equitable, sustainable digital library market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-20 05:00:00 UTC ]
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The deal will bring together two of the world's most high-profile digital media firms. Continue reading at BBC World
[ BBC World | 2020-11-19 19:56:28 UTC ]
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As part of the deal, Verizon is acquiring a minority stake in BuzzFeed, which will use the telecom giant’s ad platform to reach more customers. Continue reading at Advertising Age
[ Advertising Age | 2020-11-19 19:16:51 UTC ]
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Digiday’s Deep Dive: The Future of Publishing, is a collection of videos and key takeaways from our recent Publishing Summit Worldwide Live . The post Deep Dive: How the future of publishing is taking shape in the ongoing coronavirus crisis era appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-17 15:18:24 UTC ]
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The Frankfurt Book Fair has warned job cuts are on the way as director Juergen Boos outlined future “modernising” plans that will see virtual events play a larger part in future fairs. Continue reading at The Bookseller
[ The Bookseller | 2020-11-13 02:55:29 UTC ]
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HQ has landed two more novels from six-time Sunday Times bestselling author Miranda Dickinson. Continue reading at The Bookseller
[ The Bookseller | 2020-11-12 20:03:27 UTC ]
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She tried her hand at fiction, to no avail. So she wrote a memoir about a circle of strangers instead. Continue reading at The New York Times
[ The New York Times | 2020-11-12 10:00:04 UTC ]
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The Harvard Book Store in Cambridge, Mass., has temporarily closed to in-person browsing after a member of the staff tested positive for Covid-19. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-12 05:00:00 UTC ]
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Alison Rich has been named to the newly created role of senior v-p of author development at Penguin Random House, and is charged with growing authors' platforms in ways that may be tangential to the business of marketing their books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-12 05:00:00 UTC ]
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Government will oversee online news, social media and video streaming platformsIndia’s government has ordered that all online news, social media and video streaming platforms such as Netflix and Amazon Prime are to be subject to state regulation, raising fears of increased censorship of digital... Continue reading at The Guardian
[ The Guardian | 2020-11-11 18:02:04 UTC ]
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With “Moonflower Murders,” Horowitz adds layers of mystery to a richly plotted tale. Continue reading at The Washington Post
[ The Washington Post | 2020-11-11 14:00:00 UTC ]
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You would expect the recent coronavirus crisis to have helped digital entertainment, but with reading it is still led by the traditional hardback and softback formats. However, the pandemic is helping to dethrone physical books, as people are more cautious about going out. While paper books... Continue reading at Betanews
[ Betanews | 2020-11-11 10:35:53 UTC ]
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The B2B digital publisher generated $60 million in revenue in 2020, ahead of expectations going into the year. The post ‘Help us solve goals that we can’t solve in person’: How Industry Dive soared revenue as B2B budgets migrated to digital appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-10 05:01:23 UTC ]
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All six roles at Mirror Books have been placed at risk of redundancy as the imprint is taken over by the Reach publishing team. Continue reading at The Bookseller
[ The Bookseller | 2020-11-10 04:48:24 UTC ]
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Tate chronicles how her therapy group — and its zero-confidentiality policy — helped turn her life around. Continue reading at The Washington Post
[ The Washington Post | 2020-11-06 13:00:00 UTC ]
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Penguin Random House executives this week confirmed that the publisher is extending its "temporary" digital license terms for e-books and digital audio in libraries and schools through March 31, 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-05 05:00:00 UTC ]
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Media companies don’t have to choose between operating a standalone CTV app or a 24/7 channel within a third-party platform, but for some publishers, it’s not even a choice. The post Digital publishers hunt for home on connected TV appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-11-04 05:01:32 UTC ]
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