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 ]
News tagged with:
#deeply affected
#uniquely positioned
#renewed growth
#digital publishing
Publishers are still challenged by digital media's limitations, but a few have found solutions. The post Magazine Media: Talking About a Better User Experience Isn’t Enough appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-28 14:20:54 UTC ]
More news stories like this | News stories tagged with:
#magazine media
A former Facebook adviser is urging governments around the world to shut down social media platforms until they can be reformed. Continue reading at CBC
[ CBC | 2019-05-28 14:17:44 UTC ]
More news stories like this |
A doctored video showing the US House Speaker "slurring" her words doesn't violate Facebook standards. Continue reading at Stuff
[ Stuff | 2019-05-25 05:42:55 UTC ]
More news stories like this | News stories tagged with:
#doctored video
#house speaker
Hours after House Speaker Nancy Pelosi addressed a conference Wednesday, a distorted video of the California Democrat’s conversation began spreading across the internet. The manipulated clip, slowed to make Pelosi sound as if she were slurring her words, racked up millions of views on... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-25 00:10:00 UTC ]
More news stories like this | News stories tagged with:
#doctored video
#conference wednesday
#distorted video
#california democrat
#manipulated clip
Hours after House Speaker Nancy Pelosi addressed a conference Wednesday, a distorted video of the California Democrat’s conversation began spreading across the internet. The manipulated clip, slowed to make Pelosi sound as if she were slurring her words, racked up millions of views on... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-25 00:10:00 UTC ]
More news stories like this | News stories tagged with:
#doctored video
#conference wednesday
#distorted video
#california democrat
#manipulated clip
Translator Damion Searls has received the US$10,000 Wolff Translator's Prize, and the Women Poet's Prize announces a collection of Rebecca Swift's work. The post Searls Wins Wolff Translator’s Prize; UK’s Women’s Poets Announce Swift Book appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-05-24 05:31:10 UTC ]
More news stories like this | News stories tagged with:
#prize announces
#rebecca swift
Facebook removed more than three billion fake accounts from October to March, twice as many as the previous six months, the social networking company said Thursday. Continue reading at CBC
[ CBC | 2019-05-23 16:32:45 UTC ]
More news stories like this | News stories tagged with:
#facebook removed
The London Book Fair and Screen Week has announced the shortlisted audiobooks for the Creativity Across Media: Entertainment and Originality Awards. The inaugural award in the U.S. will be presented at BookExpo on May 30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-23 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#screen week
Houghton Mifflin Harcourt Books & Media has started Fast Track, a program aimed at helping independent booksellers set up direct order accounts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#program aimed
Thanks to globe-spanning social platforms like Facebook, YouTube, and Twitter, misinformation (any wrong information) and disinformation (intentional misinformation like propaganda) Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-05-21 16:33:04 UTC ]
More news stories like this | News stories tagged with:
#fight misinformation
Former Vice executive Ryan Archibald and Ted Chung, a business partner of Snoop Dogg, have joined forces to launch a new global agency specializing in cannabis marketing. The shop, called Gram By Gram, has already inked a significant client–Canopy Growth, a Canadian cannabis firm recently... Continue reading at Advertising Age
[ Advertising Age | 2019-05-21 10:00:00 UTC ]
More news stories like this | News stories tagged with:
#canadian markets
#previously worked
Reiterating its emphasis on voices underrepresented in many parts of the publishing industry, the Amazon Literary Partnership reaches its 10th year. The post Amazon Literary Partnership Announces More than $1 Million in 2019 Grants appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-05-21 01:30:39 UTC ]
More news stories like this | News stories tagged with:
#$1 million
#publishing industry
#10th year
We still don't know how to deal with the downsides of social media like Twitter or Facebook, let alone deepfakes, says expert. Continue reading at Stuff
[ Stuff | 2019-05-20 18:00:00 UTC ]
More news stories like this |
May is Asian Pacific American Heritage Month, and it’s the perfect time to discover some new stories about Asian people, places, food and culture. Continue reading at The Huffington Post
[ The Huffington Post | 2019-05-20 09:45:24 UTC ]
More news stories like this | News stories tagged with:
#perfect time
The White House has launched a new tool that enables people to report the fact that they have been kicked off the likes of Twitter, Facebook, Instagram and YouTube. The tool is aimed at people who have had their social media presence curtailed and "suspect political bias" is involved. Anyone who... Continue reading at Betanews
[ Betanews | 2019-05-17 10:05:05 UTC ]
More news stories like this | News stories tagged with:
#enables people
#white house
#president trump
Michael Wolff's sequel to his blockbuster book "Fire and Fury: Inside the Trump White House," which became a runaway bestseller when it was released last January, will hit bookstore shelves next month, publisher Henry Holt & Co. said in a surprise announcement Wednesday. Wolff's latest,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-05-15 16:35:00 UTC ]
More news stories like this | News stories tagged with:
#michael wolff
#blockbuster book
#runaway bestseller
Carl Landau has officially sold Niche Media—the conferences and professional services network he founded over a decade ago to serve B2B, city/regional and special interest magazine publishers—to Second Street Media Solutions, a St. Louis-based provider of audience engagement software to... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#caption id=
#tv stations
B7 Media has announced an audiobook deal for a new historical crime series by Pauline Rowson. Continue reading at The Bookseller
[ The Bookseller | 2019-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#audiobook deal
#pauline rowson
Open Road has evolved into a leading marketing platform, boosting sales and discoverability for its publishing partners. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#open road
#boosting sales
#publishing partners