“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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An 18-year-old student and a 98-year-old survivor teamed up to write “Lily’s Promise,” a best-selling memoir of Auschwitz and its aftermath. Continue reading at The New York Times
[ The New York Times | 2022-05-26 09:00:09 UTC ]
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A selection of books published this week; plus, a peek at what our colleagues around the newsroom are reading. Continue reading at The New York Times
[ The New York Times | 2022-05-20 20:53:25 UTC ]
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Lingering Micro-USB ports are the bane of consumer electronics. Every time I see an allegedly “new” gadget with one of those fragile, asymmetrical charging tips I cringe. Following in the footsteps of its Kindle e-readers, Amazon is updating its phenomenally popular base model Fire Android... Continue reading at PC World
[ PC World | 2022-05-18 14:09:54 UTC ]
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Rudyard Kipling (1865-1936) was a prolific novelist, short-story writer, and poet, who is perhaps best-known for classic children’s books like The Jungle Book and for poems like ‘If—’. But Kipling’s short stories for adults often get overlooked – a fact which is perhaps hardly surprising given... Continue reading at Interesting Literature
[ Interesting Literature | 2022-05-18 14:00:38 UTC ]
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Hearst UK's Ryan Buckley and Faye Turner are testing everything from 50,000-person panels to clean rooms. The post Inside Hearst UK’s multi-pronged approach to third-party cookie replacements appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2022-05-17 04:01:00 UTC ]
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In her memoir “Mean Baby,” the “Hellboy” actress opens up about her childhood and career and how she has coped with a variety of challenges Continue reading at The Washington Post
[ The Washington Post | 2022-05-15 04:00:00 UTC ]
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The L.A. Times Book Clubs reads 'Letter to a Stranger,' a new collection that celebrates the serendipity of chance encounters. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-05-11 14:00:50 UTC ]
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Kim Stanley Robinson, one of the most acclaimed living science fiction writers, is done with deep space narratives. His focus now is on solving real problems — like climate change. Continue reading at The New York Times
[ The New York Times | 2022-05-11 09:00:20 UTC ]
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This faithful Netflix adaptation of a popular webcomic and graphic novel tells a heartwarming boy-meets-boy tale through live action and animation. Continue reading at The New York Times
[ The New York Times | 2022-05-09 20:44:12 UTC ]
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Lizz Huerta didn't get an MFA, but she did get an education while working on construction sites. Continue reading at The Washington Post
[ The Washington Post | 2022-05-05 10:00:00 UTC ]
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Shelby Van Pelt's novel joins the menagerie of books told from an animal's perspective. Continue reading at The Washington Post
[ The Washington Post | 2022-05-04 15:20:36 UTC ]
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Colin Barrett's second collection, 'Homesickness,' expands the reach of this mordantly funny Irishman beyond the small-town millennials of his debut. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-05-03 13:00:20 UTC ]
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Emily Binhgam’s new book explores the roots of the Kentucky Derby’s anthem. It may not be pretty, but it’s important to know. Continue reading at The Washington Post
[ The Washington Post | 2022-05-03 11:00:33 UTC ]
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Introducing Ye Zhaoyan’s Nanjing: The Story of a Chinese City and other unique Nanjing-specific titles from Phoenix Publishing and Media Group. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-02 04:00:00 UTC ]
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The 26th iteration in Germany of the 'I'll Give You a Story' project brings reading and environmentalism to schoolkids this year. The post Germany’s World Book Day: ‘I’ll Give You a Story’ of a Secret Lake appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-04-20 18:49:10 UTC ]
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Very short stories–also known as flash fiction, micro fiction, drabbles, and the like–are a delightful form of fiction. Start with these. Continue reading at Book Riot
[ Book Riot | 2022-04-19 10:34:00 UTC ]
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Tonight, The Story Prize announced that the 2021 winner is Brandon Taylor for Filthy Animals. The Story Prize’s $20,000 top prize is among the largest first-prize amounts of any annual U.S. book award for fiction. Now in it’s 18th year, The Story Prize annually honors the author of an... Continue reading at Literrary Hub
[ Literrary Hub | 2022-04-14 01:11:02 UTC ]
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The HarperCollins imprint has four straight bestsellers, thanks in large part to the cable news channel's promotional pop. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-04-13 15:00:58 UTC ]
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Literature is full of monsters whose names and appearance have passed into general circulation: we all recognise Frankenstein (even if, as pedants will be quick to point out, Hollywood has made us confuse the ‘monster’ with his creator), Dracula, and the Minotaur, among many others. But what are... Continue reading at Interesting Literature
[ Interesting Literature | 2022-04-13 14:00:46 UTC ]
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Taylor's second book, published by Riverhead, won the $20,000 prize honoring an outstanding story collection published in 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-13 04:00:00 UTC ]
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