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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Lauren Child's latest story focuses on Christmas in a Clarice Bean story that is full of empathy and hope Continue reading at The Bookseller
[ The Bookseller | 2021-07-17 02:08:43 UTC ]
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I am a regular reader of @PublishingTea. This is a pastime I share with many others. Continue reading at The Bookseller
[ The Bookseller | 2021-07-16 02:15:14 UTC ]
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The Niles-Maine Public Library in suburban Chicago is being destroyed from the inside by politically-conservative Board officials. Continue reading at Book Riot
[ Book Riot | 2021-07-15 10:40:00 UTC ]
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"The notion of 'a book' is just a convenient fiction which we books go along with because it serves the needs of the bean counters in publishing, not to mention the ego of the writers. But the reality is far more complex.” So explains “the Book”, one of the narrators of Ruth Ozeki’s fourth novel... Continue reading at The Bookseller
[ The Bookseller | 2021-07-09 19:27:08 UTC ]
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American author Susan Choi has won the 2021 Sunday Times Audible Short Story Award with her "luminous" story "Flashlight". Continue reading at The Bookseller
[ The Bookseller | 2021-07-09 16:07:00 UTC ]
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The Nobel Prize winner talks about the pandemic, his novel “Klara and the Sun,” fatherhood and more. Continue reading at The Washington Post
[ The Washington Post | 2021-06-22 14:00:00 UTC ]
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Nielsen's ongoing quest to measure the fast-changing television landscape will now include a monthly snapshot into how consumers around the country are spending their TV screen time. A new monthly graphic, which Nielsen is calling The Gauge, will offer a window into total TV time, including both... Continue reading at AdWeek
[ AdWeek | 2021-06-17 21:56:31 UTC ]
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The final six stories competing for the £30,000 Sunday Times Audible Short Story Award have been revealed, featuring British author Jonathan Gibbs and Scottish writer Rachael Fulton alongside four US writers. Continue reading at The Bookseller
[ The Bookseller | 2021-06-06 11:11:42 UTC ]
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National Book Award winner Charles Yu discusses 'Interior Chinatown' with Times film critic Justin Chang at the L.A. Times Book Club Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-05-27 20:58:15 UTC ]
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The author speaks with Emirates Airline Festival of Literature director Ahlam Bolooki, asserting 'You don't have to write every day.' The post Author Tayari Jones on Timing at Abu Dhabi International Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-05-26 14:44:41 UTC ]
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Phyllis Mandel, retired senior v-p of fulfillment at Bantam, BDD, and Penguin Random House distribution facilities, died on May 20 in Cape Cod—the day after her 75th birthday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-24 04:00:00 UTC ]
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Paul Von Drasek, who worked in the sales departments at a number of publishing companies over the course of his 40-year career, died on May 16 at age 71. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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Ian Rankin's A Song for the Dark Times (Orion) has clearly struck a chord with the book-buying public, reaching a crescendo in its first full week on sale and hitting the UK Official Top 50 number one spot. Continue reading at The Bookseller
[ The Bookseller | 2021-05-11 02:14:07 UTC ]
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Williams Collins has pre-empted a memoir by political columnist and commentator Daniel Finkelstein uncovering his family’s devastating experiences of persecution during the Second World War. Continue reading at The Bookseller
[ The Bookseller | 2021-05-05 16:01:10 UTC ]
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Yesterday, after months of speculation, the LA Times appointed its next executive editor. The paper has given the job to Kevin Merida, the editor in chief of The Undefeated, an arm of ESPN that reports on the intersection of sports, race, and culture; prior to working there, he spent twenty-two... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-05-04 12:30:57 UTC ]
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American authors dominate the 2021 longlist for the Sunday Times Audible Short Story Award, the world’s richest short story prize with £30,000 for the winner. Continue reading at The Bookseller
[ The Bookseller | 2021-05-01 18:26:14 UTC ]
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Hachette UK has been selected as one of the Times Top 50 Employers for Women for the second year running. Continue reading at The Bookseller
[ The Bookseller | 2021-04-28 21:32:56 UTC ]
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The drumbeat against Google's cookieless tracking and ad targeting method gets louder as publishers including The Guardian and The Markup block FLoC. The post Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech... Continue reading at Digiday
[ Digiday | 2021-04-26 04:01:00 UTC ]
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Want to read what everyone else is reading? MarketWatch reports that in honor of World Book Day, Amazon has released a list of their 50 overall bestselling books in the U.S. (at least in the 27 years since their launch in 1994). Of course, not everyone buys their books on Amazon (may we suggest... Continue reading at Literrary Hub
[ Literrary Hub | 2021-04-23 16:45:58 UTC ]
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Former President Barack Obama and filmmaker Ava DuVernay discuss "A Promised Land" at the L.A. Times Community Book Club. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-04-21 21:09:15 UTC ]
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