PBS cuts "will hit sales"

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Amazon Cuts Japanese Kindle Price; Sony’s eBookstore Again on iOS

Publishing Perspectives – 2012-11-08

Amazon lowered the price of its Japanese Kindle Paperwhite to 100 dollars, matching the price of the recently announced Kobo Glo, while Sony's ebookstore is again on iOS.

Canadian publisher cuts 500 jobs

Guardian – 2012-11-14

Québecor Media, one of Canada's largest newspaper publishers, is cutting 500 jobs from its Sun chain, which operates major dailies across the country as well as hundreds of community newspapers.The...

Scholastic cuts 2013 guidance

Crains New York – 2012-11-21

Children's book publisher Scholastic Corp. slashed its 2013 profit guidance and said revenue will be $1 billion lower than expected because schools are spending money on curriculum and holding back...

Amazon Kindle bookstore reaches Canada, cuts Americans (partly) out of the loop

Engadget – 2012-12-10

Canadians have had to be content with a form of Kindle Store limbo until now. They could buy Kindle e-books, but they've had to rely on a US-centric portal that scarcely acknowledges their literary...

Reader's Digest begins insolvency proceedings and cuts 90 jobs

Guardian – 2013-01-05

Private equity firm makes redundancies as UK direct marketing division faces prospect of restructuringThree-quarters of the British staff of Reader's Digest were made redundant on Friday after its...

Westminster library staff tackle bosses on cuts

The Bookseller – 2013-01-17

The staff of Westminster libraries have written an open letter to their council bosses, urging...

Time Inc cuts staff by 6 percent, hitting business and news

Reuters – 2013-01-31

(Reuters) - Time Inc on Wednesday began the process of cutting about 500 jobs, about 6 percent of its total staff as the largest U.S. magazine publisher grapples with challenges beleaguering the...

Time Inc. cuts some 500 jobs

Crains New York – 2013-01-30

Time Inc., the publisher of magazines including Time and Sports Illustrated, has begun eliminating about 6% of its head count—nearly 500 jobs—in the biggest round of cuts at the company...

Telegraph group cuts 80 print jobs as daily and Sunday titles merge

Guardian – 2013-03-12

The Telegraph group is to shed 80 of its 550 editorial staff as part of what the chief executive, Murdoch MacLennan, calls a root and branch restructure of the business. It will mean the complete...

Petition opposes Sheffield library cuts

The Bookseller – 2013-04-02

Proposed cuts to Sheffield’s libraries will be debated in the city after 10,000 people...

UNISON survey on library cuts

The Bookseller – 2013-06-18

A survey of 2,000 library staff by union UNISON has revealed claims of major cuts to schools...

Major library cuts for Lincolnshire

The Bookseller – 2013-06-19

Lincolnshire looks set to axe 32 libraries in a bid to save £2m from the county council...

Spending Review cuts 'mean more library closures'

The Bookseller – 2013-06-26

Library campaigners are braced for a further round of cuts as the Government unveils the latest...

Review: Free and portable Briss cuts PDFs down to size

PC World – 2013-06-26

This portable app's website says "Bright Snippet Sire," but everybody calls this open-source favorite Briss for…er…short. Briss crops a section of a PDF file and creates another PDF file of the...

Glasgow Herald staff to ballot over job cuts

Guardian – 2013-06-28

The National Union of Journalists is to hold a ballot among its members at Newsquest's Glasgow division, which publishes The Herald, Sunday Herald and Evening Times.The group's NUJ chapel will ask...

Axel Springer eyes cost cuts of over 20 million euros: CEO

Reuters – 2013-06-29

FRANKFURT (Reuters) - Germany's Axel Springer , Europe's largest newspaper publisher, is targeting at least 20 million euros ($26 million) of savings in a restructuring plan, its chief executive was...

'Times' Cuts One of its Three New York City Editions

Editor & Publisher – 2013-07-11

The New York Times has scrapped one of its New York editions, bringing down the number of editions it publishes every weekday from five to four, Capital has learned. The change went into...

Guardian publisher cuts annual losses as digital revenues grow by nearly 30%

Guardian – 2013-07-16

• Guardian News & Media increases digital revenues to £55.9m• Parent company GMG reports profits before tax of £22.7mGuardian News & Media cut its annual loss by 30% to £30.4m in the year to...

Future braces for job cuts after below-expected trading

Media Week – 2013-07-18

Future, the publisher of T3 and Total Film, is to accelerate its cost-saving programme with job losses likely, after reporting that trading in the three months to the end of June was below...

Radio station cuts longtime KCRA anchor Walt Gray

SacBee – 2013-07-25

Radio host and former Channel 3 (KCRA) television news anchor Walt Gray said he was laid off from 96.9 The Eagle at 10 a.m. Wednesday after finishing his weekday show. Walt Gray, a fixture on...

Apple iPad scam cuts no ice with post | Media Monkey

Guardian – 2013-08-13

As far as scams go, it was never going to make into Scotland Yard's book of Crimes of the Century. A couple of crooks decided that Apple's iPad was prime to pull a Royal Mail compensations claim. The...

Condé Nast Cuts Deal With Amazon To Turn Magazine Subscriptions Into An All–Access Business

Fast Company – 2013-08-20

Condé Nast has struck a deal with Amazon that will give the Vogue, Vanity Fair, and New Yorker publisher access to 200 million potential new subscribers who are already spending money shopping...

Tribune Looking For Cuts During Budget Review

HuffingtonPost – 2013-09-28

The Tribune Company is reviewing its budget in an effort to identify potential cuts at its newspapers, the Los Angeles Times reported Thursday. "We’re in the process, as we are every year at this...

Tribune CEO Liguori Orders $100 Million in Cuts

Editor & Publisher – 2013-09-27

It’s not clear how they’re supposed to do it, but Tribune Co. executives have been ordered to come up with $100 million in budget cuts, sources said, as the company prepares to...

Tribune Eyes Expense Cuts in Newspaper Unit

Editor & Publisher – 2013-09-30

Tribune Co., which owns the Los Angeles Times, Chicago Tribune and seven other daily newspapers, is reviewing possible cost cuts in its print publishing division. "We're trying to determine...

ADB cuts Asia growth forecasts

New Straits Times – 2013-10-02

HONG KONG: Slower growth in China and India and uncertainty over the US Federal Reserve's stimulus programme is hurting Asia's economic momentum, the Asian Development Bank said, as it cut its...

Martha Stewart's New CEO Choice Suggests Cuts Ahead

Advertising Age – 2013-10-29

Martha Stewart Living Omnimedia's choice of former metals-industry executive Daniel Dienst to lead the company meant going outside the media business for a manager with operational experience -- one...

Court reporting in the balance as newspapers' cuts bite

Guardian – 2013-11-11

Specialist agencies provide a vital service in covering the legal system – but they need the regional press's support to surviveLocal and regional newspapers have suffered all manner of reverses...

Price Cuts Bite Into Korean Book Sales, Fixed Price Considered

Publishing Perspectives – 2013-11-15

Despite a dramatic drop in book sales, Aladin used bookstores have thrived, with some publishers dumping books to boost sales; a fixed-price law is now under debate.

Tribune Publishing Cuts 700 Jobs as it Restructures

Editor & Publisher – 2013-11-20

Tribune Co. chief executive officer Peter Liguori tells employees that “we have decided to unify the non-editorial functions of our publishing businesses,” but...

Oregon Newspaper Publisher Cuts Health Insurance Benefits To Employees

The Huffington Post – 2013-11-27

Oregon newspaper publisher Western Communications informed its employees on Monday that they could no longer provide them with health insurance benefits, cutting off 280 employees from the company...

Lincolnshire library cuts passed by council

The Bookseller – 2013-12-03

Plans to hand control of the bulk of Lincolnshire's libraries over to volunteers have been...

As New York Mag Cuts Issues, The Week Decides to Add a Few

Advertising Age – 2013-12-03

One day after New York magazine said it would reduce its print frequency to every other week, The Week said it plans to increase the number of issues it publishes to 51 next year from 48.New York's...

Alt-Week 12.7.13: Wormhole short-cuts, watery planets and history as seen by Google Books

Engadget – 2013-12-08

Alt-week takes a look at the best science and alternative tech stories from the last seven days. Don't pack your bags just yet, but Hubble has found indirect evidence of water on five different...

Campaigners protest over Herefordshire library cuts

The Bookseller – 2013-12-16

Library campaigners in Herefordshire have urged the council to abandon plans to slash funding and...

Apple stocks falls as Wells Fargo cuts rating

Boston.com – 2014-01-03

Technology stocks lost ground Thursday after some analysts published gloomy notes about companies in the sector. Apple Inc. fell 1.4 percent after Wells Fargo cut its outlook on the stock to...

Major library cuts approved by Welsh authority

The Bookseller – 2014-01-09

Rhondda Cynon Taf has approved budget plans that will see more than half of its 26 libraries...

After expansion, Orange County paper cuts staff

Boston.com – 2014-01-17

LOS ANGELES (AP) — Following an aggressive staff expansion that defied trends in the struggling newspaper industry, the publisher of the Orange County Register announced Thursday that he was...

Outrage at Scotland’s Book Town library cuts

The Bookseller – 2014-01-27

Dumfries and Galloway Council is facing criticism after revealing plans to reduce the library...

Electronic Arts cuts sales outlook

BBC World – 2014-01-29

Shares of US video game publisher Electronic Arts fell after the company cut its full-year sales outlook due to reduced demand for older game consoles.

Barnes & Noble shares rise on news of job cuts among Nook staff

Reuters – 2014-02-11

(Reuters) - Barnes & Noble Inc shares rose by as much as 9.6 percent on Monday after news that the bookseller cut jobs from its team of hardware engineers working on its money-losing Nook digital...

Hands On: Nokia's Lumia Icon cuts the phablet down to size

PC World – 2014-02-12

Sanity has been restored to Nokia’s Lumia smartphone lineup with the release of the Nokia Icon. This Verizon exclusive pulls the best features from Nokia’s massive 6-inch phablets—the Lumia...

Sheffield approves major library cuts

The Bookseller – 2014-02-20

Sheffield City Council has approved plans to slash its library funding and leave only 12 of its...

South Carolina Legislators Use Budget Cuts To Punish Colleges Assigning LGBT Books

The Huffington Post – 2014-02-21

South Carolina’s House Ways and Means Committee voted 20-1 on Thursday in favor of a 2014-15 budget that cuts funding from two colleges in the state, as punishment for assigning LGBT-themed books...

B&N Makes Cuts, But is Committed to Nook Products

Publishers Weekly – 2014-02-11

Barnes & Noble acknowledged Monday that it has cut jobs throughout the company, but insisted that a report that said it had laid off its entire Nook hardware staff was “incorrect.”

Scholastic Cuts Loss Despite Sales Drop

Publishers Weekly – 2013-09-19

Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8% decline in total sales at Scholastic for the...

Beyond cuts: the many roles of a writer's editor

The Guardian – 2014-03-12

Novelist Eleanor Catton and her editor Max Porter's alliance shows how much more than wielding a blade goes into this relationshipHenry James called editing "the butchers' trade". But he also said,...

These College Budget Cuts Risk Violating The First Amendment, State Lawmakers Are Warned

The Huffington Post – 2014-03-19

Ten groups that care about free speech sent a letter Tuesday to South Carolina state senators warning that a bill to cut public college funding based on legislators' objections to certain books could...

Shadow culture minister condemns Lincolnshire library cuts

The Bookseller – 2014-04-15

The shadow culture minister has condemned library cuts in Lincolnshire, branding the plans as...

State Lawmakers Use Budget Cuts To Make Colleges Do What They Want

The Huffington Post – 2014-04-24

This article comes to us courtesy of Stateline, where it was originally published. State lawmakers around the country are brandishing their budget pens to penalize public colleges and universities...

Hachette cuts jobs in U.S. amid e-book dispute with Amazon

CBC – 2014-06-06

Authors Stephen Colbert and James Patterson are defending their publisher Hachette Book Group amid a dispute with Amazon that has seen the online retailer limit access to its books. Hachette is...

Time Inc. Will Make Even Deeper Staff Cuts As It Goes Solo

The Huffington Post – 2014-06-09

After multiple rounds of cuts, Time Inc. is apparently set to take the ax to its newly independent stable of magazines once more. The company has been fully spun off from Time Warner, and is set to...

Amazon cuts delays on JK Rowling novel after consumer pressure

The Guardian – 2014-06-20

The Silkworm, written as Robert Galbraith, was advertised with long delivery delays, but web retailer appears to have backed down· Review: The Silkworm by JK Rowling as Robert Galbraith· Digested...

Derbyshire faces cuts to library service

The Bookseller – 2014-07-07

Libraries in Derbyshire could see staffing reduced and opening hours slashed as the county...

Richard Desmond to seek fresh cuts at Express Newspapers

The Guardian – 2014-07-18

Cost-cutting at Express and Star titles, including voluntary redundancies, comes after mogul sold Channel 5 for £450mRichard Desmond is set to unveil cuts of more than £10m at Express...

BitPay cuts transaction fees on starter plan, making bitcoin payment processing free (and unlimited) for merchants

GigaOM – 2014-07-30

The Atlanta-based payment processor plans to announce today that it's dropped the 1 percent transaction fee on all starter plans. BitPay cuts transaction fees on starter plan, making bitcoin payment...

Liverpool, Glamorgan and Islington face library cuts

The Bookseller – 2014-08-08

More than half of Liverpool's libraries are at risk of closure as the city council looks to...

Ellora’s Cave Cuts Staff, Blames Big Amazon Sales Drop

Publishers Weekly – 2014-08-22

In a letter to her authors, Ellora’s Cave CEO Patty Marks blames the cuts on unexplained declines in e-book sales through Amazon.

At last: Dropbox shows vulnerability to rivals’ price cuts, offers 1 TB for $9.99/month

GigaOM – 2014-08-27

Under fire? Dropbox, which had held steady while competitors sliced and diced prices, now shows willingness to boost storage limits. At last: Dropbox shows vulnerability to rivals’ price cuts,...

Apple rolls out iCloud pricing cuts

GigaOM – 2014-09-10

Apple officially lowered its iCloud storage pricing today, confirming what the company said was coming during its Worldwide Developer Conference in June. Users can now sign up for a free 5 GB of...

How Reading Slowly (Real Books, Not Twitter) Cuts Stress

Fast Company – 2014-09-17

A "slow reading" movement touts the benefits of unplugged reading time, and the detriments of skimming the Internet.Before the dawn of the Internet, it was unlikely that while trying to read, you'd...

Tampa Bay Times Cuts Employee Pay 5 Percent, Reduces Severance Payments

Editor & Publisher – 2014-09-19

Paul Tash, CEO and chairman of the Times, announced the cuts in a memo to employees Thursday, citing a difficult summer that resulted in lower than expected revenue. "Newspaper publishing remains...

VW may use fewer temporary staff as part of cost cuts- CEO to magazine

Reuters – 2014-10-12

BERLIN, Oct 12 (Reuters) - German carmaker Volkswagen may use fewer temporary staff as part of efforts to reduce costs by 5 billion euros ($6.3 billion), its chief executive told a German magazine.

Brazil's Bradesco cuts loan book growth, ups revenue outlook

Reuters – 2014-10-30

SAO PAULO, Oct 30 (Reuters) - Banco Bradesco SA , Brazil's second-biggest non-government bank, announced on Thursday the following operating estimates for this year:

Time Cuts Revenue Outlook

The Wall Street Journal – 2014-11-04

Time Inc., the former Time Warner publishing business, lowered its revenue outlook, as the company looks to counteract weakness in print advertising.

Future Publishing cuts more than 400 jobs as part of restructure

The Guardian – 2014-11-21

Total Film publisher reports £35.4m loss in year to end of September, with digital making up 63% of total ad revenue Continue reading...

Chris Hughes' New Republic cuts frequency, moves to NY

Crains New York – 2014-12-05

The New Republic magazine, which reached its 100th anniversary last month, is reducing its frequency to 10 issues a year from 20, moving its headquarters to New York from Washington, D.C., and... To...

Chris Hughes' New Republic Cuts Frequency, Moves to New York

Advertising Age – 2014-12-05

The New Republic magazine, which reached its 100th anniversary last month, is reducing its frequency to 10 issues a year from 20, moving its headquarters to New York from Washington, D.C., and...

Gaiman criticises Labour's stance on Arts cuts

The Bookseller – 2015-01-08

High profile figures, including author Neil Gaiman, have criticised the Labour party for appearing to boast that it won’t cancel the Conservatives £83m cuts to the national arts budget.   The...

Birmingham hopes British Library could protect flagship from cuts

The Bookseller – 2015-01-08

Officials in Birmingham are hoping that a deal with the British Library could help protect the flagship Library of Birmingham from cuts. According to a report in the Birmingham Post, the council is...

Sky News camera cuts away as guest tries to show Charlie Hebdo cover

The Guardian – 2015-01-15

Former contributor to French satirical magazine manages only to show top half of controversial Muhammad image after berating UK media for not supporting French colleagues Continue reading...

Library cuts and falls in printed book sales | Letters

The Guardian – 2015-01-19

Has the editor of The Bookseller compared the fall of print sales of adult fiction since 2009 by more than £150m with the massively declined budgets of public libraries over the same five-year...

National Libraries Day to see Birmingham cuts protest

The Bookseller – 2015-02-04

Protesters will use National Libraries Day on Saturday as a chance to campaign against planned cuts at the Library of Birmingham.

Wrapports cuts two video producers in wake of sale of suburban newspapers

Silicon Valley Business Journal – 2015-02-04

The downsizing goes on at Chicago-based media and technology company Wrapports and its Sun-Times Media Group. A spokesman for Wrapports confirmed today that two video producers have been laid off as...

Library protests planned for Cardiff while Lincolnshire confirms cuts

The Bookseller – 2015-02-05

Protestors in Cardiff will use National Libraries Day this weekend to raise awareness of cuts facing the city's library service. Campaigners in Birmingham have already announced their own plans to...

Waterstones cuts losses as Daunt looks ahead with 'optimism'

The Bookseller – 2015-02-06

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards...

Cardiff library reprieve, but Birmingham cuts confirmed

The Bookseller – 2015-02-12

Libraries in Cardiff have seen a reprieve from the city council, but major cuts to the Library of Birmingham are to go ahead. The ruling Labour group in Cardiff has confirmed that the seven...

DCMS 'investigating' Lincolnshire library cuts

The Bookseller – 2015-02-17

The Department for Culture, Media and Sport is investigating whether Lincolnshire County Council is providing a “comprehensive and efficient” library service. The investigation – a preliminary...

Northern Irish government cuts Bookstart funding

The Bookseller – 2015-03-10

Booktrust says it is “very disappointed” that the Northern Ireland government has cut its Bookstart funding. The charity said 50,000 children “face disappointment” this year because of the...

ACNI slammed for 'fundamental misunderstanding' following cuts

The Bookseller – 2015-04-01

Publishing Ireland has slammed the Arts Council Northern Ireland (ACNI) for “fundamentally misunderstanding” how publishers operate following with withdrawal of funding for Blackstaff Press. The...

Rocket Internet cuts stakes in two lending sites: Spiegel

Reuters – 2015-05-01

FRANKFURT (Reuters) - Rocket Internet, a tech investor focused on emerging market ventures, has reduced its stakes in two of its Europe-focused financial services start-ups after facing setbacks...

Rocket Internet cuts stakes in lending sites: Spiegel

Reuters – 2015-05-02

FRANKFURT (Reuters) - Rocket Internet, a tech investor focused on emerging market ventures, has reduced its stakes in two of its Europe-focused financial services start-ups after facing setbacks...

Phaidon lifts turnover, cuts loss

The Bookseller – 2015-05-15

Phaidon Press has reported a 4.4% increase in annual turnover for the year to June 2014 due to a strong performance in the North American market. However, the company still reported a loss, which...

Industry seconds Franklin’s fears for further cuts to libraries

The Bookseller – 2015-05-15

Libraries, publishers and bookshops will suffer under a Conservative government, a leading independent publisher has warned. When collecting the Independent Publisher of the Year trophy at the...

VW works council boss calls for cuts to management board

Reuters – 2015-05-21

BERLIN (Reuters) - The head of Volkswagen's works council wants a pared-down management structure at the carmaker, he told a German magazine, as the company takes stock after the ouster of Chairman...

Indigo Cuts Loss on 3% Sales Increase

Publishers Weekly – 2015-05-26

Total revenue rose 3% at Indigo Books & Music in the year ended March 28, 2015 over fiscal 2014, and its net loss fell from $31 million last year to $3.5 million in fiscal 2015.

Job cuts begin at The Wall Street Journal

Poynter. – 2015-06-18

Capital New York The Wall Street Journal is undergoing a round of layoffs as that newsroom prepares for “a broad reorganization,” Capital New York’s Joe Pompeo reports. Quoting Tim...

More Staff Cuts Ahead for NOLA.com | The Times-Picayune

Editor & Publisher – 2015-06-18

Two days after executives at NOLA Media Group, publisher of NOLA.com | The Times-Picayune, announced the company would be merging with the Alabama Media Group to form a new "Southeast Regional...

Most water rights holders facing cuts miss state compliance deadline

Los Angeles Times – 2015-06-23

The majority of California growers, irrigation districts and others who have been ordered to stop drawing water from rivers and streams due to worsening drought conditions have failed to register...

Alleged Sean 'Diddy' Combs' target Sal Alosi cuts an intense image

Los Angeles Times – 2015-06-23

The UCLA coach who was allegedly attacked by Sean “Diddy” Combs on Monday is strength and conditioning coach Sal Alosi, according to a source with the football team who was not authorized to...

Trinity Mirror plans to double cuts

The Guardian – 2015-06-26

Daily Mirror publisher announces plan to offset falling print revenues by increasing savings to £20mTrinity Mirror is planning to double planned cuts to £20m to offset falling print revenues,...

B&N Cuts Its Way to Profitability

Publishers Weekly – 2015-06-26

If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2,...

Scribd makes cuts to romance in its catalog

The Bookseller – 2015-07-01

Scribd has announced to publishers and distributors that it is "making some adjustments, particularly to romance" in its $8.99-per-month ebook subscription service.

Scribd, Citing Profitability, Cuts Back on Love and Sex

Publishing Perspectives – 2015-07-02

Scribd found romance readers gorging on books through the ebook subscription service are costly and now the company is cutting back on the genre. The post Scribd, Citing Profitability, Cuts Back on...

BBC cuts: government forced to publish licence fee deal letter

The Guardian – 2015-07-09

Publication of letter from George Osborne and John Whittingdale to director general fuels fears that corporation faces further reductions in fundingThe government was forced to publish the letter...

Ascena Retail Group to Adjust Lane Bryant’s Book Value, Cuts Guidance for Year

The Wall Street Journal – 2015-07-11

Ascena Retail Group Inc. said it will adjust the book value of its Lane Bryant line somewhere between $275 million and $325 million and cut its financial projections for the year.

Is it wise to give regulators the power to impose cuts in state's gasoline use?

Los Angeles Times – 2015-07-16

The biggest bill still moving through the state Legislature this summer is backed by the Senate leader, the governor and essentially the pope. So opponents - mainly oil companies - don't have a...

National Journal Ends Print Edition, Newsroom Cuts Expected

The Huffington Post – 2015-07-17

NEW YORK -- National Journal, a staple Washington politics and policy magazine relaunched just last year, will suspend its print edition, Atlantic Media chief David Bradley announced Thursday. In a...

Angels fall to Astros, 6-3, and Garrett Richards cuts himself no slack

Los Angeles Times – 2015-07-30

Garrett Richards may not be the ace of the Angels rotation in name - he is reluctant to assume that title as long as longtime ace Jered Weaver is still around in some capacity.

Obama to impose deeper cuts in greenhouse gas emissions

Los Angeles Times – 2015-08-02

President Obama will impose even steeper cuts on greenhouse gas emissions from U.S. power plants than previously expected, White House officials said early Sunday, in what the president called the...

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