But alas, despite its popularity, Jenny Craig could be shutting up shop for good, a leaked email sent to the US arm of the business revealing mass staff redundancies.
26.04.2023 - 22:07 / thewrap.com
an AdWeek report, Friday will be the last day for Paper Magazine’s editorial team, as the company laid off between 20 to 30 of its full-time staff members. All editorial operations have been halted, though Paper Magazine’s editor-in-chief will apparently stay on through May.
Representatives for Paper Magazine have not responded to TheWrap’s request for comment.Staffers like news editor Jade Gomez began announcing the news themselves on Twitter Wednesday, writing, “The cat is out of the bag. Our entire staff was laid off.”The cat is out of the bag.
Our entire staff was laid off. https://t.co/65bITcO58DPublisher Tom Florio broke news of the layoffs to staff earlier Wednesday, sharing that the publication’s decline in advertising was the catalyst for the decision.
Previously of Vogue, Teen Vogue, Bon Appétit and Condé Nast Traveler, the publisher most recently follows in the steps of media layoffs at and shutterings like those seen at BuzzFeed News. Per AdWeek, “the publisher generated 1.3 million page views, on average, in the first three months of the year, according to data from SimilarWeb, with 43% of traffic coming from organic search, followed by direct at 32% and social at 17%.”Paper has been a mainstay independent, New York City-based magazine since 1984, but grew in popularity after going viral and “breaking the internet” with its 2014 photoshoot with Kim Kardashian.
Since then, the magazine has been a centerpiece for pop culture, nightlife society and long-form celebrity features. Paper Magazine was founded in 1984 by Kim Hastreiter and David Hershkovits.
.But alas, despite its popularity, Jenny Craig could be shutting up shop for good, a leaked email sent to the US arm of the business revealing mass staff redundancies.
Jennifer Maas TV Business Writer Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday, following months of internal deliberations about integration amid Showtime’s rebranding into Paramount+ With Showtime. Additionally, MTV News — which was significantly affected by layoffs more than five years ago — will be shutting down. Other units, most of which are operations, will be shuttered as well. In a memo to staff, Showtime/MTV Entertainment Studios and Paramount Media Networks president Chris McCarthy said that, despite Paramount’s “success in streaming, we continue to feel pressure from broader economic headwinds like many of our peers,” and that “senior leaders in coordination with HR have been working together over the past few months to determine the optimal organization for the current and future needs of our business.”
In the latest wave of industry layoffs, the recently combined Showtime/MTV Entertainment Studios as well as Paramount Media Networks, overseen by the division’s President and CEO Chris McCarthy, is reducing its domestic team by 25% today. McCarthy addressed the cuts, which he called a “very hard but necessary decision”, in a company memo. (You can read it in full below.)
Tom Hanks has weighed in on the Writers Guild strike, saying that “like minds” are going to have to come together for the “common good” of the industry. Promoting his new book on CBS Mornings, Hanks was asked by co-host Gayle King about the strike, which is now in its second week.
EXCLUSIVE: Tom Hiddleston (Thor franchise) and Mark Hamill (Star Wars) are set to star in new Stephen King adaptation The Life Of Chuck, which will be a hot package at the upcoming Cannes market.
Patrick Frater Asia Bureau Chief Debut feature “Tiger Stripes” has already amassed several firsts – it is the first Malaysian film in Cannes for several years and director Amanda Nell Eu is the country’s first female helmer selected for a festival appearance – and it is now releasing its first trailer. The film, which will play in the Cannes Critics’ Week section is the tale of an 11-year-old girl who starts to experience horrifying changes to her body. Eu says that the film is both a metaphor for issues of female identity and the arrival of puberty and also a body horror entertainer. “This comes from my dark sense of humor. People always label young girls as little monsters. They say that teenage girls are emotional or crazy or hysterical. So, my thinking was ‘why don’t I tell a story about a young girl who actually does turn into a monster’ and let me show you what a monster is. It is a metaphor and a genre film,” she told Variety.
But alas, despite its popularity, Jenny Craig could be shutting up shop for good, a leaked email sent to the US arm of the business revealing mass staff redundancies.
RuPaul’s Drag Race fan favorite Shangela has been accused of rape by a former HBO production assistant. The allegation was made in a lawsuit f
Thomas Follin, the former director general of shuttered French streaming platform Salto, has joined France’s Canal+ Group in the role of Chief Global Transformation Officer.
“unrecognizable” — and may have had some cosmetic tweaks.“WTF has Meg Ryan done to her face?!” one baffled fan asked. “Is that really Meg Ryan? If so that’s such a shame and incredibly sad,” another cynic sniped.
Tom Brady offered his condolences to former Tampa Bay Buccaneers teammate Shaquil Barrett after his 2-year-old daughter, Arrayah, drowned in the family’s swimming pool.
Tom Brady is offering support to his former Buccaneers teammate, Shaquil Barrett, following the tragic death of Shaquil and his wife Jordanna’s two-year-old daughter Arrayah.
Patrick Frater Asia Bureau Chief Malaysian social drama “Abang Adik” was named best film and winner of the Golden Mulberry prize on Sunday at the Far East Film Festival in Italy’s Udine. The film is a story of two undocumented and orphaned men, who may or may not be real brothers, but who lift each other up. The film’s director Jin Ong collected the White Mulberry prize for best debut feature and “Abang Adik” added a third prize decided by the festival’s season pass holders. Second place on the podium went to South Korea with Chang Hang-jun’s “Rebound,” while third place went to “Yudo,” by Japan’s Suzuki Masayuki.
Clubhouse, the live audio app that once drew big buzz and interest in a multi-billion-dollar takeover, is “resetting” and letting go of 50% of its staff of a few dozen workers.
Middleton’s old town hall could be demolished to make way for new houses and an 80-bed care home. Parkfield House, on Manchester Old Road, was the former municipal borough’s HQ before the local government shake up of 1974 put the town under Rochdale council’s administration.Later bought by the North West Water Authority, the now vacant building was most recently used as offices for security firm Chubb. It dates to the mid-1960s. Having stood empty for three years, Muller Property Group has submitted plans to demolish the ‘brutalist’ structure and replace it with 20 two and four-bed town houses, as well as an 80-bed care home.
Fugees co-founder Pras Michel has been convicted for his involvement in a billion-dollar Malaysian money laundering scheme.Yesterday (Wednesday, April 26) a jury found Michel guilty of 10 federal counts, including campaign finance violations, money laundering, illegal lobbying, witness tampering, and lying to banks (via Consequence).The 50-year-old rapper, producer, songwriter and actor faces up to 20 years in prison.As reported previously, the case involved fugitive businessman Low Taek Jho (aka Jho Low). Jho had been accused of masterminding the theft of some USD$4.5billion from a Malaysian sovereign wealth fund known as 1 Malaysia Development Berhad.
IDW Media Holdings, the company that includes a prominent comics division and an entertainment division behind such series as Syfy’s Wynonna Earp, BBC America/Netflix’s Dirk Gently’s Holistic Detective Agency and Netflix’s Locke & Key, said Thursday it is undergoing cost-cutting measures including reducing its workforce by more than a third, delisting from the NYSE and making changes to senior management in response to “operational challenges.”
Kim Kardashian is stepping out for the day.
Kim Kardashian flashed her toned midriff in a sheer two-piece as she arrived at the Lincoln Center in New York City on Tuesday. Kim, who earlier attended a Lakers basketball game alongside Prince Harry and Meghan Markle, is no stranger when it comes to standout outfits from some of the biggest designers.
It’s getting hot in here! Jessica Simpson has kicked off bikini season.