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, opening with: “With deep sadness, and as a consequence of the pandemic and its devastating impact on the economy, I am writing to let you know that today we will be informing some of our colleagues that they will no longer have jobs at Vox Media.” According to CNBC, Vox has struggled to generate enough revenue due to the economic downturn that has been caused by the COVID-19 pandemic. At current pace, it is expected to miss its full-year revenue goal by 25%. The publisher, who’s portfolio includes Vox.com, New York Magazine, The Cut, The Verge, Recode, SB Nation, Eater and Polygon and others, was considered a digital publishing role model by many media pundits for its ability to launch new brands and make smart acquisitions that fit into its core business model. But as we’ve seen recently with companies like Atlantic Media and Quartz, two organizations that were also celebrated for their innovative business models, nobody is immune to the current market conditions. According to Bankoff, the coming cuts will be a majority of staffers who were furloughed in May, but some who stayed on through the pandemic will also be laid off. No specifics as of yet to which departments will be... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-07-16 14:53:51 UTC ]
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With Barack Obama's memoir out from Viking on Tuesday (17th November), PRH's UK media campaign will kick off this weekend. Continue reading at The Bookseller
[ The Bookseller | 2020-11-13 00:35:10 UTC ]
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Government will oversee online news, social media and video streaming platformsIndia’s government has ordered that all online news, social media and video streaming platforms such as Netflix and Amazon Prime are to be subject to state regulation, raising fears of increased censorship of digital... Continue reading at The Guardian
[ The Guardian | 2020-11-11 18:02:04 UTC ]
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Sarah Hanson-Young secures inquiry after the popularity of Kevin Rudd’s petition for a royal commission into News CorpThe former prime ministers Kevin Rudd and Malcolm Turnbull will be called to give evidence at a Senate inquiry into media diversity that will examine the dominance of News Corp... Continue reading at The Guardian
[ The Guardian | 2020-11-11 08:24:08 UTC ]
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Greens senator says ‘cosy relationship’ between Coalition and News Corp should be scrutinised after half a million people back a royal commissionGreens senator Sarah Hanson-Young will move to establish a Senate inquiry into media diversity on Wednesday following the popularity of Kevin Rudd’s... Continue reading at The Guardian
[ The Guardian | 2020-11-10 16:30:14 UTC ]
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Independent publisher Tiny Owl, which specialises in diverse picture books for children, is launching an emergency crowdfunding campaign to survive the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2020-11-09 18:31:47 UTC ]
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“The Babur Nama is an oddly modern text, almost Proustian in its self-awareness.” William Dalrymple on the 16th-century memoir far ahead of its time. | Lit Hub Biography “We have had no truth and reconciliation process.” On the renaissance of American white supremacy, a conversation with Isaac... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-07 12:30:24 UTC ]
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Dealing with Security Holes in Chips — system security starts at the hardware layer. Ubooquity — free home server for your comics and ebooks library. “Like plex for books.” Noisepage — a relational database management system developed by the Carnegie Mellon Database Group. The research goal of... Continue reading at O'Reilly Radar
[ O'Reilly Radar | 2020-11-06 11:59:34 UTC ]
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Richard Osman's debut crime novel The Thursday Murder Club (Viking) has been named W H Smith's Book of the Year for 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-11-05 01:31:10 UTC ]
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Penguin Random House UK has revealed the 14 unpublished and underrepresented writers invited to join this year’s WriteNow editorial programme. Continue reading at The Bookseller
[ The Bookseller | 2020-11-04 23:15:02 UTC ]
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Reed Exhibitions' Andy Ventris follows Jacks Thomas as the new director of London Book Fair, which expects to return to spring dates by 2022. The post London Book Fair Announces June Dates for 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-04 12:43:02 UTC ]
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Reed Exhibitions' Andy Ventris follows Jacks Thomas as the new director of London Book Fair, which expects to return to spring dates by 2022. The post London Book Fair Announces June-July Dates for 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-04 12:43:02 UTC ]
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Access to the three-day online Creative Coalition festival is being made available free to everyone following the announcement of a fresh lockdown for England. Continue reading at The Bookseller
[ The Bookseller | 2020-11-03 16:09:58 UTC ]
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Bloomsbury has announced it will repay almost £700,000 to staff who took a pay cut during the first months of the pandemic, following the publisher's most succesful interim results since 2008. Continue reading at The Bookseller
[ The Bookseller | 2020-11-03 08:01:03 UTC ]
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In all, a total of 46 books (26 fiction, 20 nonfiction) were selected, with a six-title shortlist—three each for the fiction and nonfiction medals—to be announced on November 17. The two medal winners will be announced during an online event set for February 4, 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-29 04:00:00 UTC ]
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The Panorama Project, the OverDrive-funded cross-industry initiative devoted to “data-informed insights on public libraries’ role in the publishing ecosystem” has announced the appointment of Daniel Albohn as the new Project Lead, replacing Guy LeCharles Gonzalez, who has taken a full-time... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-29 04:00:00 UTC ]
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Former prime ministers urge others to join push for royal commission into lack of media diversity in AustraliaFormer Australian prime minister Malcolm Turnbull has signed Kevin Rudd’s petition calling for a royal commission into News Corp’s dominance of the Australian media.Rudd, also a former... Continue reading at The Guardian
[ The Guardian | 2020-10-25 05:42:32 UTC ]
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A Frisco startup is looking to cut through the noise of other social media apps and give digital content creators a way to reach more fans. TUBBR, an invite-only social network, announced landing Angel Funding from Global Ascent Partners that it plans to use for its upcoming beta launch.... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-10-24 12:00:00 UTC ]
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Six books will vie to win the 42nd Diagram Prize for the Oddest Book Title of the Year. Continue reading at The Bookseller
[ The Bookseller | 2020-10-22 18:15:14 UTC ]
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The Booker Prize will showcase its shortlisted authors with appearances via “Front Row”, social media and Guardian Live alongside readings from the Old Vic on the big night. Continue reading at The Bookseller
[ The Bookseller | 2020-10-16 04:23:16 UTC ]
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If you thought the landscape of classic SFF was exclusively male, peep these science fiction and fantasy stories by women, including Octavia’s Brood: Science Fiction Stories from Social Justice Movements edited by Walidah Imarisha and adrienne maree brown. Continue reading at Book Riot
[ Book Riot | 2020-10-14 10:37:00 UTC ]
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