Stephanie Cabot has joined Susanna Lea Associates, working primarily from the New York office.
The annual Rising Stars list of industry catalysts reaches its 10th instalment with the Class of 2020, and judging by their forebears’ success, this year’s batch have plenty to look forward to.
The coronavirus pandemic has hit the German book industry hard with sales down 13.9% year on year in the first half of 2020.
Jul 10 2020 The economic paralysis caused by the pandemic has clobbered a newspaper industry already on the mat. With revenues plummeting, substantial layoffs, furloughs and pay reductions have followed in newsrooms across the country. Meanwhile, the hedge funds and private equity firms that own many newspapers often siphon away profits rather than reinvest in local journalism. Frequently associated with this business model is the Alden Global Capital hedge fund, which controls 200 newspapers including The Denver Post, The Boston Herald, and many local newspapers that likely won't stay in business much longer. Source: New York Times More News Stories