Publishing

Warner Music Group Corp. WMG 0.63% plans to layoff about 4% of its global workforce, according to a memo from new Chief Executive Robert Kyncl, citing the need to reposition the company toward technology. The job cuts mark the first major strategic move made by Mr. Kyncl, who joined the company in January after departing Alphabet Inc.’s YouTube as its business chief. About 270 jobs will be eliminated.…

A federal judge ruled Friday that a nonprofit online platform violated the copyrights of four leading publishers by lending digitally scanned copies of their books without permission.U.S. District Judge John Koeltl in Manhattan rejected arguments by the organization Internet Archive that it was making fair use of the copyright-protected books in its possession by allowing online readers to borrow digital copies, one person at a time. The case was being closely watched as a test of copyrights and library lending in a…

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Axios’s software business raised $20 million from investors that it plans to use to build new artificial-intelligence-powered communication tools with the help of ChatGPT creator OpenAI, the company’s chief executive said.  Axios HQ, which was spun off from Axios last year when the digital publisher was sold to Cox Enterprises Inc., makes software that helps businesses communicate with employees and investors in a concise way that was championed by Axios—snippets that break down the main…

Amazon headquarters, called The Spheres, in Seattle, Washington. Image: David Ryder (Getty Images)After Amazon announced another round of layoffs affecting 9,000 employees earlier this week, a leaked document from inside the company revealed that listing too many job openings and subsequently over-hiring in some departments may have been a part of the problem.A leaked document obtained by Insider reveals that Amazon put hiring power in the hands of managers, and that the company had little oversight on the hiring process…

Meta's publishing arm for virtual reality games is now officially called Oculus Publishing. It's a completely different division from Oculus Studios, which is the company's label for first-party games. Oculus Publishing will instead support partner developers with conceptualization, funding, technological help, as well as promotion and merchandising. While the name is new, the division itself isn't. It had previously funded and supported over 300 titles, including Among Us VR, Bonelab and The Walking Dead: Saints &…

Labor tensions at the New York Times NYT -0.43% are intensifying, with the publisher expressing concerns about the union’s tactics in the negotiations and Times staffers taking to Slack to vent frustrations with management.After two years and over 50 bargaining sessions, the union and management have been unable to agree on wages and healthcare benefits, among other issues. Times publisher A.G. Sulzberger last week sent a note to members of the union’s bargaining group…

A federal judge on Monday will weigh pleas by four major book publishers to stop an online lending library from freely offering digital copies of books, in a case that raises novel questions about digital-library rights and the reach of copyright law that protects the work of writers and publishers. Nonprofit organization Internet Archive created the digital books, building its collection by scanning physical book copies in its possession. It lends the digital versions to readers worldwide, with more than three million…

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content I ran into Steve Forbes, the two-time candidate for the Republican presidential nomination and editor-in-chief of Forbes magazine, at an event in Washington a few weeks ago. Steve, a very bright guy, was in a bit of a panic about Chat Generative Pre-trained Transformer, better known as ChatGPT. As you probably know, ChatGPT is an…

Taylor Swift got her start in the music industry at the tender age of 16, with the release of her eponymous country album in 2006. In the years since, the 12-time Grammy winner has transformed herself into a pop superstar and built her brand into a global powerhouse, selling more than two million tickets for her upcoming “Eras Tour” in a single day and announcing plans to direct an upcoming feature film. Along the way, she has become a savvy businesswoman who has often used her clout to shake up the music industry. Most…