“The single hardest thing to do in business is to make a deal, whether you’re buying or selling.” Former SouthComm, Inc. COO Blair Johnson knew the magnitude of the task before him when, in November 2017, the company’s equity backer Solidus ousted CEO Chris Ferrell and indicated its desire to exit the publishing business within eight months. “At that time, Solidus had decided they wanted to liquidate their position and get out of SouthComm,” Johnson tells Folio:. “[Managing partner] Vic Gatto and the board made a decision that we needed to do it, and do it quickly, and that Chris was probably not the right person to do it. He likes to buy and build, and it’s a different strategy when you have to liquidate.” And so Solidus handed the company reins to Johnson—who took over as CEO—and CFO Bob Mahoney, and the pair immediately began the process of selling off a company that comprised alt-weeklies serving five different cities, a robust b2b media business, and hundreds of employees, among other assets. In a b2b-media space characterized by frequent mergers and acquisitions, the circumstances may have felt a bit like déjà vu all over again for Johnson, who had arrived at SouthComm from Cygnus Business Media in 2015 after four years helping transition that company from bankruptcy to breakup. “We essentially had eight different entities that we had to find a new home for,” Johnson continues. “Clearly, the biggest of these was the b2b assets from legacy Cygnus.” The relative... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-08-03 00:00:00 UTC ]
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“The single hardest thing to do in business is to make a deal, whether you’re buying or selling.” Former SouthComm, Inc. COO Blair Johnson knew the magnitude of the task before him when, in November 2017, the company’s equity backer Solidus ousted CEO Chris Ferrell and indicated its desire to... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-03 00:00:00 UTC ]
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“The world here beats faster than a hummingbird’s wings,” writes Alexandra Chang in her new collection Tomb Sweeping. Chang, the author of Days of Distraction and a National Book Foundation 5 Under 35 recipient, writes poignantly about tenuous connection. In these stories, a wealthy housewife... Continue reading at Electric Literature
[ Electric Literature | 2023-11-02 11:00:00 UTC ]
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Holly Smale, bestselling author of the Geek Girl series, discusses how autistic characters, and authors, should no longer be seen as ‘niche’ Continue reading at The Bookseller
[ The Bookseller | 2021-09-23 18:27:19 UTC ]
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“The Way Inn,” “The Terror,” “The Deep” and pretty much anything by Shirley Jackson. Continue reading at The Washington Post
[ The Washington Post | 2020-10-19 15:34:52 UTC ]
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Newsweek has fired a reporter and says it's demoted an unnamed editor over "the failures that led to the publication of an inaccurate report" speculating about President Trump's Thanksgiving plans—prior to those plans being made public on Thursday afternoon. Shortly after 10 a.m. ET on Thursday... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-03 17:38:32 UTC ]
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#— donald
Oneworld has acquired the memoir of the woman who raised seven extraordinarily talented musical children, the Kanneh-Masons, exploring parenting, music education and the boundless potential of all children. Continue reading at The Bookseller
[ The Bookseller | 2019-10-16 16:07:07 UTC ]
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Profile Books will publish Cambridge Analytica whistleblower Christopher Wylie's debut, Mindf*ck: Inside Cambridge Analytica’s Plot to Break the World, next week. Continue reading at The Bookseller
[ The Bookseller | 2019-09-30 16:47:46 UTC ]
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Digital imprint Bookouture has snared a "rapid-fire" trio of novels in a new crime thriller series by US author Gregg Olsen. Continue reading at The Bookseller
[ The Bookseller | 2019-06-02 23:01:27 UTC ]
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Open Road has evolved into a leading marketing platform, boosting sales and discoverability for its publishing partners. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 04:00:00 UTC ]
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Cornerstone has acquired the rights to the “gripping” inside story of the “the last swashbucklers of global capitalism”. Continue reading at The Bookseller
[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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Octopus has signed a book by Netflix co-founder Marc Randolph, telling the inside story of how the business was built and changed the way people watch film and TV. Continue reading at The Bookseller
[ The Bookseller | 2019-03-02 00:00:00 UTC ]
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'A Fire Story' is an unflinching work of graphic nonfiction detailing the experiences of cartoonist Brian Fies, his family and their neighbors just before and in the aftermath of a devastating Northern California wildfire that destroyed their homes and all their possessions in late 2017. 'A Fire... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-06 00:00:00 UTC ]
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Investigative journalist John Carreyrou has won the £30,000 Financial Times and McKinsey & Company Business Book of the Year Award 2018 for Bad Blood: Secrets and Lies in a Silicon Valley Startup (Picador). Continue reading at The Bookseller
[ The Bookseller | 2018-11-14 00:00:00 UTC ]
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Former HDP leader Selahattin Demirtaş has published a short story collection, written while in jail awaiting trial – just the latest example of a writer clashing with Turkey’s governmentAt the Istanbul book fair last November, there was a signing for the politician Selahattin Demirtaş’s short... Continue reading at The Guardian
[ The Guardian | 2018-06-23 00:00:00 UTC ]
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Century has signed the "heart-warming story", Fire Dogs: Four-Legged Heroes, about the work and lives of the London Fire Brigade fire investigation dogs; Roscoe, Murphy and Sherlock. Continue reading at The Bookseller
[ The Bookseller | 2017-10-07 00:00:00 UTC ]
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For any major news publisher, when a story breaks overnight in particular, focus is on how to bring the information to places people can access via mobile. The post How CNN told the story of London’s Grenfell Tower fire on mobile platforms appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-07-17 00:00:00 UTC ]
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Pan Macmillan has signed the “exclusive” inside story of the New Zealand All Blacks. Continue reading at The Bookseller
[ The Bookseller | 2017-07-11 00:00:00 UTC ]
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Biteback is to publish Campaign 2017: The Inside Story of the Election that Shocked Britain by journalists Tim Ross and Tom McTague, this September. Continue reading at The Bookseller
[ The Bookseller | 2017-06-24 00:00:00 UTC ]
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Amazon Rapids is a new children's app that features short, illustrated stories designed to look like the text-chat feature on a smartphone. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-02 00:00:00 UTC ]
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Hodder & Stoughton is publishing a book on the "inside story" of the EU referendum authored by Craig Oliver, David Cameron’s communications director, this autumn. Continue reading at The Bookseller
[ The Bookseller | 2016-07-26 00:00:00 UTC ]
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