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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Just a friendly reminder that tomorrow, August 29th, is Independent Bookstore Day. This year, the festivities will be both online and in-person at 600+ local bookstores around the country, starting tonight with a conversation between Mary Norris and Ann Goldstein about Elena Ferrante’s The Lying... Continue reading at Literrary Hub
[ Literrary Hub | 2020-08-28 17:01:59 UTC ]
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The storied culinary media brand lands a, well, seasoned publishing pro at a critical juncture. Continue reading at Advertising Age
[ Advertising Age | 2020-08-27 17:16:47 UTC ]
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Pearson has appointed Andy Bird, most recently president and chairman of Walt Disney International, to be Pearson's new chief executive. He will start on 19th October, subject to shareholder approval, with outgoing boss John Fallon remaining in the role until that date. Continue reading at The Bookseller
[ The Bookseller | 2020-08-24 08:02:27 UTC ]
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Icon Books is set to publish Dr Joe Mulhall’s The Global Far Right: Its Rise and Our Future next year. Continue reading at The Bookseller
[ The Bookseller | 2020-08-20 22:57:23 UTC ]
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Alice Wong’s work as an activist, podcaster, writer, qualitative researcher, and editor is on full display in her new anthology Disability Visibility: First Person Stories from the Twenty-First Century. Her new anthology is an extension of the projects she’s become known when it comes to always... Continue reading at Electric Literature
[ Electric Literature | 2020-08-19 11:00:00 UTC ]
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If Amazon's market power over book publishing is left unchecked, competition in the industry will continue to diminish, the heads of the AAP, ABA, and Authors Guild wrote in a letter to the chairman of the House Antitrust Subcommittee. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-18 04:00:00 UTC ]
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The novel, about a family that gives up modern conveniences to live in the woods, is a brutal, beguiling fairy tale about humanity. Continue reading at The Washington Post
[ The Washington Post | 2020-08-17 16:10:42 UTC ]
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Hachette UK has been selected as one of the Times Top 50 Employers for Women 2020, while its Gender Balance Network has won Employee Network Group of the Year (Private Sector) at the Employers Network for Equality & Inclusion (ENEI) Awards 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-07-29 15:13:59 UTC ]
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Richard Barrios’s new book delves into the history of the film adaptation that did boffo business and won multiple Oscars. Continue reading at The Washington Post
[ The Washington Post | 2020-07-29 13:56:23 UTC ]
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Should I keep the first edition or the fine dust jacket? Deciding what books should stay or go is more art than science. Continue reading at The Washington Post
[ The Washington Post | 2020-07-29 12:00:00 UTC ]
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Before the stay-at-home orders came down in Baltimore, the last thing I did in person was participate in a panel conversation about—ironically—“art and the apocalypse.” In retrospect, we should have cancelled, but the threat in Maryland still felt surreal; those were the days when it seemed like... Continue reading at Electric Literature
[ Electric Literature | 2020-07-28 11:00:00 UTC ]
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Netflix's German science fiction series stuck the landing in its third and final season. Continue reading at Wired
[ Wired | 2020-07-24 16:00:00 UTC ]
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Elliott developed his London listings and culture magazine into a ‘global media empire’Tony Elliott, the founder of the events listings magazine Time Out, has died after a long illness, the magazine has said.The 73-year-old set up the magazine in London in 1968 and grew it into a major... Continue reading at The Guardian
[ The Guardian | 2020-07-17 18:46:36 UTC ]
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Vox Media has confirmed what CNBC reported earlier this week, that it is indeed about to undergo a round of layoffs that will eliminate 72 positions, which accounts for 6% of its total staff of 1,200. In a letter to staff, CEO Jim Bankoff, broke the difficult news to his employees candidly,... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-16 14:53:51 UTC ]
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The 40th annual Los Angeles Times Book Prizes were announced today on Twitter. The prizes are given in 12 categories, and titles from Penguin Random House took home six. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-14 04:00:00 UTC ]
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Author Gill Lewis has been shortlisted for a fifth time in the Little Rebels Award's eight-year history for The Closest Thing to Flying (OUP). Continue reading at The Bookseller
[ The Bookseller | 2020-07-14 03:33:09 UTC ]
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The Strand Book Store’s union forcefully denounced the firing of twelve booksellers who were only recently rehired after mass layoffs during the first weeks of the new coronavirus outbreak in March. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-13 04:00:00 UTC ]
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Marketing and publicity teams need to make sure their middle-tier titles don't get lost in the crowded autumn, Canongate commercial director Jenny Fry has warned. Continue reading at The Bookseller
[ The Bookseller | 2020-07-09 17:47:50 UTC ]
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Library and Information Association CILIP has warned librarians not to participate in the government's contact tracing programme unless a series of criteria are met first. Continue reading at The Bookseller
[ The Bookseller | 2020-07-07 15:58:32 UTC ]
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Niamh Campbell has been awarded the Sunday Times Audible Short Story Award for her "original and touching" piece "Love Many". Continue reading at The Bookseller
[ The Bookseller | 2020-07-02 16:30:36 UTC ]
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