Even compared to this year’s other brutal weeks for American journalism, the past seven days have been particularly turbulent. Last Wednesday, the publishing giant McClatchy reported severe liquidity problems along with its third-quarter results; its share price has since collapsed from $2.28 to $0.40. Last Thursday, shareholders voted to approve the merger of two more media giants—GateHouse and Gannett—despite stock in GateHouse’s parent, New Media Investment Group, also having cratered since the merger was announced. The deal closed yesterday; the new company is just called Gannett. Also yesterday, Alden Global Capital—a hedge fund, notorious for cost-slashing at its media properties, that itself tried to buy Gannett earlier this year—acquired a 25-percent stake in Tribune Publishing Company, becoming its biggest shareholder. To simplify, the Wall Street types who increasingly control local news are playing with all their biggest chips at once. As Nieman Lab’s Ken Doctor told CNN last night, this week marks a “major turning point” for the industry. “At a time when local news is needed more than ever, it is the bankers who are deciding what will be defined as news, and who will be employed to report it.” From archives: Politico embarrasses WSJ by publishing transcript The closure of the Gannett–GateHouse deal was the least surprising of these new developments, and is probably the most significant. Prior to their merger, the companies were, respectively, America’s first... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2019-11-20 13:10:34 UTC ]
Time Inc. has had a string of acquisitions and launches aimed at young women over the past year, from HelloGiggles to homegrown startups Mimi and Motto. Like the publishing giant itself, the Gen Y strategy reflects the awareness that young people aren’t all alike. So each site targets audiences... Continue reading at Digiday
[ Digiday | 2016-02-29 00:00:00 UTC ]
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Describe your role. I’m involved in so many aspects of editorial, but the main component of my role is to devise new title ideas and develop them with a strong sense of identity. This includes exploring new designs, authors, artists and concepts. I also oversee the work of the rest of the... Continue reading at The Bookseller
[ The Bookseller | 2016-02-06 00:00:00 UTC ]
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Experience on the buy side and sell side of media brought David Katz to where he is today, running ad solutions at Hearst's Core Audience, the programmatic ad buying division of the publishing giant. The senior director of ad solutions works with hundreds of salespeople, arming them with data... Continue reading at Advertising Age
[ Advertising Age | 2015-09-30 00:00:00 UTC ]
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Just how much of a problem is ad fraud? If you're a regular reader of Ad Age, you know it's a big problem -- though just how big depends on lots of variables, including the specific digital agencies, ad-tech vendors and publishers a given marketer choses to work with. And if you read our recent... Continue reading at Advertising Age
[ Advertising Age | 2015-09-25 00:00:00 UTC ]
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Granta Books has acquired two new books from Ben Marcus, author of The Flame Alphabet and Leaving the Sea. Senior editor of Granta Books, Max Porter, acquired UK & Commonwealth rights for a collection of stories and a novel, both as yet untitled, from Judith Murray at Greene and Heaton on... Continue reading at The Bookseller
[ The Bookseller | 2015-09-05 00:00:00 UTC ]
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Two Roads has acquired an originally self-published memoir by the general manager of Opera Holland Park. Michael Volpe’s Noisy at the Wrong Times was chosen by The Bookseller’s Caroline Sanderson as an Independent Author pick in April, and was named by the Sunday Times as one of its “100... Continue reading at The Bookseller
[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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Piatkus has acquired a book by Sareeta Domingo, who works as a senior editor at Hothouse Fiction. Anna Boatman, senior editor at Piatkus Fiction, bought world rights in The Nearness of You from Sara Keane at Keane Kataria Literary Agency. The Nearness of You is set in London and concerns a... Continue reading at The Bookseller
[ The Bookseller | 2015-06-20 00:00:00 UTC ]
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Scribner in the UK and Atria Books in the US, both part of the Simon & Schuster group, have acquired a new book by Swedish novelist and playwright, Jonas Hassen Khemiri. World English Language rights in the novel, titled Everything I Don’t Remember, were acquired by Rowan Cope, editorial... Continue reading at The Bookseller
[ The Bookseller | 2015-06-10 00:00:00 UTC ]
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Canongate will publish a new cookbook from Birmingham-born chef April Bloomfield featuring recipes using vegetables, titled A Girl and Her Greens. Jenny Lord, senior editor at Canongate, acquired UK and Commonwealth rights from Cullen Stanley at Janklow and Nesbit. Bloomfield is the... Continue reading at The Bookseller
[ The Bookseller | 2015-05-16 00:00:00 UTC ]
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Music critic Jessica Hopper’s work has been anthologised in a new book – still a rare accolade in the macho world of rock writingThe first essay reprinted in Jessica Hopper’s new book, The First Collection Of Criticism by a Living Female Rock Critic, sees her in 2002, imagining “what a REAL... Continue reading at The Guardian
[ The Guardian | 2015-05-14 00:00:00 UTC ]
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Sphere has acquired two novels by debut author Mark Hardie, who began writing full-time after losing his eyesight in 2002. Jade Chandler, senior editor for Sphere Fiction, acquired UK and Commonwealth rights to Burned and Broken and its sequel from Juliet Mahony and Sarah Lutyens at Lutyens... Continue reading at The Bookseller
[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Hodder non-fiction has promoted Briony Gowlett to senior editor. Gowlett, who was previously commissioning editor, has been at Hodder for a year, and bought books including Joey Essex’s Being Reem and most recently YouTuber Joe Sugg’s first book, a graphic novel. Hannah Black, publisher for... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Karyn Marcus is returning to Simon & Schuster as a senior editor, starting February 2. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-20 00:00:00 UTC ]
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Editors are predicting a continuing surge of debut fiction in 2015, following the success of authors like Jessie Burton and Elizabeth Healey, saying they are on the lookout for original voices and novels in translation, as well as strong homegrown talent. The trend for unreliable female... Continue reading at The Bookseller
[ The Bookseller | 2015-01-16 00:00:00 UTC ]
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Simon & Schuster has made two appointments to its editorial team in Canada, while confirming the departure of two other staff members. Nita Pronovost will now be joining the Canada operation as editorial director from her position as senior editor at Doubleday where she built “an impressive... Continue reading at The Bookseller
[ The Bookseller | 2015-01-13 00:00:00 UTC ]
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Publishing giant to pay more than 7,000 interns between $700 and $1,900 after lawsuit said some had been paid less than a dollar an hourTell us: how did you get by when working an unpaid internship? Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-11-15 00:00:00 UTC ]
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Former Labour MP and Europe Minister Denis MacShane is writing an assessment of Britain’s relationship with Europe for I B Tauris. The book, titled Brexit, was acquired by Jo Godfrey, senior editor at I B Tauris. ‘Brexit’ is a term coined by MacShane which blends the words 'British' and... Continue reading at The Bookseller
[ The Bookseller | 2014-11-11 00:00:00 UTC ]
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Stacey Barney, senior editor at Penguin/Putnam Books for Young Readers, has been added to PW’s breakfast discussion on diversity in publishing set for October 16. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-15 00:00:00 UTC ]
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Pat Strachan is no longer at Little, Brown and Company, where she had been a senior editor since 2002. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-23 00:00:00 UTC ]
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Megan Lynch has been named editorial director at Ecco, succeeding Lee Boudreaux who recently decamped the HarperCollins imprint to oversee her own unit at Hachette. Lynch, who was a senior editor at Riverhead, will start at HC on May 28. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-15 00:00:00 UTC ]
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