ePublishing Week in Brief – September 23rd to 27th, 2013
ePublishing Week in Brief – September 23rd to 27th, 2013
Tribune aims to cut publishing costs by 5 percent
A report that Tribune Co. wants to cut expenses at its publishing division by $100 million is roughly in line with previous cost-cutting targets of about 5 percent — as well as the decline in revenue at the company — say industry sources.
Media blogger Robert Feder, who has a marketing agreement with Tribune, reported late yesterday that CEO Peter Liguori asked Tribune newspapers executives at a Sept. 25 meeting to reduce costs by $100 million with reductions beginning Dec. 1. Tribune spokesman Gary Weitman declined to comment to Crain’s, but in a statement to USA Today he disputed the $100 million target while acknowledging that the company was reviewing cost cuts as it does regularly at this time of year.
When Jeff Bezos bought The Washington Post, it meant the end of one of America’s great publishing dynasties. For 80 years, the Graham family ran the paper with dignity, grace and a commitment to public service but, time had passed them by.
Some of the great old publishing empires remain, such as the Sulzbergers of The New York Times, the Newhouses of Conde Nast and, of course, the Forbes family. Yet they are now the exception rather than the rule.
Meanwhile, publishing itself is thriving—creating new fortunes in record time. Bleacher Report sold for around $200 million after only 5 years; Huffington Post reaped $315 million in 6 years and these juggernauts were founded by people with scant experience in the industry. Clearly publishers have lost their way. Here’s how they can get back on track. http://www.forbes.com/sites/gregsatell/2013/09/25/how-publishers-lost-their-way/
Facebook Finally Lets You Edit Posts After Publishing
One of the worst things about posting to Facebook is that once you hit publish, all of your typos and any other errors are set in stone. Your only option—before today—was to delete the post and repost it. Now, Facebook is rolling out the ability to edit your posts after they’ve been published.P
Author prosecuted over publishing Hitler’s speeches
Brno, Sept 25 (CTK) – Czech police have levelled charges against two heads of the Guidemedia publishers, author Lukas Beer and the firm itself for having published the book “Adolf Hitler: Speeches,” south Moravia police spokeswoman Petra Vedrova told CTK yesterday.
They were charged with denying, disputing, approving of and justifying genocide, Vedrova said.
“The charges were made on the basis of expert reports describing the content of the book. The case is also exceptional because apart from three individuals, the publishing house itself is being prosecuted,” she added.
Guidemedia published 10,000 copies of the 650-page book, but only online.
The online promotion texts say Hitler always spoke about Czechs with respect and appreciation, saying that everyone had the right to life.
The texts also say Hitler sought peace and friendship with England and had nothing against Russians.
ePublishing Week in Brief – September 23rd to 27th, 2013