Layoffs at Meredith, Bloomberg Industry Group

 

Meredith Corporation cut 180 workers last week, the Des Moines Register reported. 

The layoffs hit 130 staff members from its local media group, owner of 17  television stations, the paper said. The other layoffs are at Des Moines-based Meredith’s national media group, which publishes People, Better Homes & Gardens and other titles.

Bloomberg Industry Group, meanwhile, publisher of Bloomberg Law, Bloomberg Tax and Bloomberg Government, informed employees that it’s cutting 21, Talking Biz News reported. The layoffs mostly involve the business side, said Talking Biz News. 

Allured Business Media acquired publishing house Creative Age on July 15. The move expands Allured Business Media's salon and spa professional brands from one to five and grows its professional beauty event repertoire, said a news release.

Before the acquisition, Illinois-based Allured Business Media was home to spa publication Skin Inc., fragrance brand Perfumer & Flavorist, cosmetic business brand Global Cosmetic Industry and cosmetic science brand Cosmetics & Toiletries.

The acquisition adds to Allured's portfolio medical aesthetic brand MedEsthetics, professional nail brand Nailpro, professional salon brand Beauty Launchpad and spa professional brand Dayspa, along with its associated sub-brands and the Nailpro events.

Many staff from Creative Age, based in California, will remain after the transition, including CEO Dbeorah Carver, the release said. The acquisition was brokered by John McGovern of Grimes, McGovern & Associates. No financial details were disclosed.

• Seattle magazine is coming back with a special issue later this summer, in concert with affiliated publication Seattle Business magazine, Seattle magazine announced. Seattle magazine had paused publication due to COVID-19.

• Birmingham magazine (Alabama) is stopping its print production, the Birmingham Business Journal reported. The coronavirus pandemic is behind the move, the journal reported. Advance owns the magazine as part of Alabama Media Group, which also has AL.com, the Birmingham News, the Huntsville Times, the Press-Register in Mobile and other publications.

• The Pilot (Southern Pines, North Carolina) is buying Walter, an arts and culture magazine covering Raleigh, from McClatchy.

• Southwest Journal (Minneapolis) says its final issue will be out Dec. 24. The publication blames COVID-19. The paper has been looking for a buyer for the Southwest Journal and its two magazines, Minnesota Parent and Minnesota Good Age.

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