Time Inc. execs warn of layoffs

More job cuts could soon hit Time Inc., company executives told their top 300 managers at a quarterly meeting on Monday.The warning came during a question-and-answer session with Norm Pearlstine, Time Inc.'s newly appointed chief content officer. Asked by Time magazine Managing Editor Nancy Gibbs whether there will be layoffs, Mr. Pearlstine answered "yes" and said the decision would be a difficult one."He spoke compassionately," said one Time Inc. staffer who attended the meeting.Time Inc., publisher of magazines such as People and Sports Illustrated, began the year by cutting about 5% of its workforce, about 500 positions, in its biggest staff reduction since 2008. It is entering 2014 trying to get in shape for its spinoff from parent company Time Warner.Third-quarter revenue at Time Inc. decreased 2% to $818 million, fueled by a 4% decline in subscription revenues and 2% drop in ad revenue.A Time Inc. spokeswoman declined to comment for this story.Contrary to a report this weekend, the spinoff is still on track for the second quarter of 2014, according to Time Inc. CEO Joe Ripp, who appeared at the meeting along with Mr. Pearlstine and Chief Financial Officer Jeff Bairstow. The website 24/7 Wall Street wrote Saturday that the separation will mostly likely be delayed until the second half of next year to give Time Inc. time to overcome poor financial results coming in the fourth quarter.The move, originally envisioned for this year, has already been delayed once.Mr.... Continue reading at 'Crains New York'

[ Crains New York | 2013-12-10 00:00:00 UTC ]
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3 great new audiobooks for your walk, commute or chill-out time

This month’s picks: ‘Mecca,' by Susan Straight, ‘Funny Farm,’ by Laurie Zaleski and SJ Bennett’s ‘All the Queen’s Men’ Continue reading at The Washington Post

[ The Washington Post | 2022-04-25 11:00:29 UTC ]
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L.A. Times Book Festival: Janelle Monáe feels like she's living her 'second Earth life'

Janelle Monáe was joined by Times columnist Erika D. Smith to discuss her book 'The Memory Librarian' on Saturday at the L.A. Times Book Festival. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-04-24 17:01:01 UTC ]
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Rep. Adam Schiff, Véronique Tadjo and Paul Auster among winners of the L.A. Times Book Prizes

After a few years of virtual ceremonies, the 42nd Los Angeles Times Book Prizes was held in person Friday at USC, kicking off the Festival of Books. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-04-23 04:25:08 UTC ]
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Neo-Romanticism fell out of fashion. It’s time for another look.

"Theatres of Melancholy," by Patrick Mauriès, presents an alternative history of modern art which makes the case for the importance of a loosely aligned group of painters termed the Neo-Romantics. Continue reading at The Washington Post

[ The Washington Post | 2022-04-19 12:00:00 UTC ]
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Very Short Stories to Devour in Record Time

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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HBO Max exec admits to the app’s early flaws

Viewers have long complained about the early HBO Max app’s tendency to crash, and its lack of discoverability features. There have been a number of overhauls and fixes since then. Now we know why. Turns out that HBO Max launched its apps before they were ready in order to keep up with its... Continue reading at Engadget

[ Engadget | 2022-04-14 23:32:58 UTC ]
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The Best Short Stories of All Time

If you're in search of more of the best short stories of all time, start with this list to build your to-read list! Continue reading at Book Riot

[ Book Riot | 2022-04-05 10:32:00 UTC ]
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I like unusual books. Here’s what I’d read — if I had time.

If I could, I’d delve into undeservedly forgotten novels, works of intellectual history and biography -- and so much more Continue reading at The Washington Post

[ The Washington Post | 2022-03-30 16:51:25 UTC ]
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BuzzFeed News’ top editors resign as layoffs loom

The digital publisher finds there’s no avoiding the industry’s punishing economics To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2022-03-22 15:51:02 UTC ]
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Amazon's Kindle sale brings the Paperwhite back to an all-time low

Amazon's latest Kindle Paperwhite is one of the nicest (and newest) e-readers out there, and you can now pick one up at an all-time low. It's on sale for just $105, for a savings of $35 (25 percent) off the regular $140 price. You'll also find deals on the regular Kindle with a built-in front... Continue reading at Engadget

[ Engadget | 2022-03-22 10:35:35 UTC ]
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A Time of Renewal For America’s Libraries

With more than 4,000 library workers and advocates expected to attend, library leaders say this week's Public LIbrary Association conference, the largest in-person library gathering since February 2020, feels like a sign of renewal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-21 04:00:00 UTC ]
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Snow Days 2022: Booksellers Time Travel to 2032, Return Before Lunch

In the first event of ABA's Snow Days conference, game designer Jane McGonigal led more than 500 participants in a few rounds of “mental time travel,” in which she asked listeners, among other things, to peer 10 years ahead to everyone's collective future in bookselling, Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-09 05:00:00 UTC ]
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No Kids' Nonfiction Bestsellers Lists from 'Times,' But Advocates Press On

A recently circulated petition asking the 'New York Times' to introduce three children's nonfiction lists has been declined. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-08 05:00:00 UTC ]
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How to watch Jane Goodall discuss 'The Book of Hope' at the L.A. Times Book Club

Jane Goodall joins the L.A. Times Book Club to discuss 'The Book of Hope: A Survival Guide for Trying Times.' Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-02-25 23:21:39 UTC ]
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A Hayao Miyazaki graphic novel is being published for the first time in the U.S.

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[ Literrary Hub | 2022-02-25 18:53:27 UTC ]
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Mariana Enriquez, Michael Connelly, S.A. Cosby among LA Times Book Prize finalists

The awards recognize outstanding literary achievements in 12 categories, with winners to be announced at USC in-person on April 22. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-02-23 14:00:04 UTC ]
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Announcing The Sunday Times Charlotte Aitken Young Writer of the Year Award shortlist

Photo credit: Nigel DaviesSunday Times Charlotte Aitken Young Writer of the Year Award marks the 30th anniversary with one of it's most decorated shortlists to date:• Irish novelist Megan Nolan for her darkly funny debut novel Acts of Desperation;• US-based writer Anna Beecher for her novel... Continue reading at British Council global

[ British Council global | 2022-02-16 14:40:41 UTC ]
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‘Power of the Dog’ author Thomas Savage died in obscurity. It’s time to honor his work.

‘Power of the Dog’ author Thomas Savage died in obscurity. It’s time to honor his work. Continue reading at The Washington Post

[ The Washington Post | 2022-02-15 12:00:36 UTC ]
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Blackwell’s up for sale for first time in 143-year history

The UK’s largest independent bookshop chain Blackwell's is up for sale for the first time in its 143-year history. Continue reading at The Bookseller

[ The Bookseller | 2022-02-01 12:20:05 UTC ]
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