Cygnus Business Media is eliminating the “president” position and former president Mike Martin will lead the publisher’s Public Safety & Security group going forward. Martin became president of the company in 2007. The publisher says the move is the final appointment in a seven-month process to install a new, flatter organizational “architecture.” In July, Cygnus announced a new organization around four affinity groups: Aviation, Public Safety & Security, Building & Construction and Agriculture. Each was to be headed by an executive vice president who acts as a point person for Cygnus in their particular market, overseeing sales, content and market for their brands.Public Safety & Security is Cygnus’ largest group, generating more than 1.5 million uniques each month across sites such as Officer.com. “We have a very aggressive footprint in the public safety & security sector and it is by far an area where market share could be challenged without the right person guiding it,” said Cygnus CEO John French. “I can think of no better person to affect, grow and innovate these brands under our new architecture than Mike.”
This article has been updated to reflect a response from Ebony.Faced with the threat of a second lawsuit in 12 months, Ebony has completed the third of four quarterly payments owed to freelance writers it had stiffed on a collective $78,000 of work going back to 2015—after initially failing to meet a court-ordered Sept. 28 deadline.The installment of $29,850—which covers 14 of the 45 total writers under the terms of a February settlement between Ebony owner Clear View Group and the National Writers Union—comes after two earlier installments of $14,385 and $15,955, both of which were paid on time. A final $18,328 payment is due Dec. 28 to 16 writers.After the Sept. 28 deadline came and went, the writers union threatened further legal action to compel payment from CVG, which is bound by the agreement—reached in the circuit court of Cook County, Ill.—to cover the payments should Ebony find itself unable to make them.“CVG was about three weeks late and wasn’t returning calls or emails,” National Writers Union president Larry Goldbetter tells Folio:. “After the [court] filing, the checks went out.”Michael Gibson, the chairman of CVG—a Texas-based private equity firm which bought Ebony in 2016—declined to share any reasons for the delay, but confirmed that the third set of checks have been mailed and said the fourth and final payment will be made in December. A spokeswoman for Ebony blamed “legacy business issues” for the outstanding payments. Michael GibsonAs writers awaiting overdue checks aired grievances on social media in recent weeks, Ebony promoted a star-studded gala celebrating its annual Power 100 list set for Friday evening at the Beverly Hilton—the site of the Golden Globe Awards since 1961—hosted by Chris Tucker.“I got my check at the end of October and was shocked to receive it, to be honest,” says Adrienne Gibbs, who served as managing editor of Ebony‘s January 2017 issue among other contributions, adding that another writer in that issue, Rashod Ollison, passed away last month from non-Hodgkin’s lymphoma before ever receiving his $900 check.“I talked with [Rashod’s] sister and made sure CVG—via the union’s lawyers—had his sister’s address,” Gibbs adds. “Rashod’s check was ‘in the mail’ for weeks even as he died and was raising money for medical bills.”The controversy ramped up in April of last year, when freelancer Jagger Blaec wrote an article on The Establishment asking, “Why Isn’t Ebony Paying Its Black Writers?” On Twitter, aggrieved freelancers coalesced around the hashtag #EbonyOwes, eliciting initial pushback from both Ebony and CVG vice-chairman Willard Jackson, who accused Blaec of writing an “attack article” and “wanting to tear down black businesses.”“Yeah well, your little Twitter rant isn’t going to change the way the media business is run,” read a deleted Tweet from the official Ebony account. “Y’all acting like it’s 100s of people. It’s 10.” (Turns out it’s at least 45.)Adrienne GibbsWeeks later, however, CVG issued a statement to NBC, asserting that it would pay all debts by early July 2017. When that deadline passed, the National Writers Union became involved, led by Goldbetter and Gibbs.Following the completion of the third quarter payment, the oldest outstanding invoice is now from this past March, and the most any individual writer is owed is $2,650.“In the time since we have started this case, I’ve heard from 10 additional writers who wanted to join the suit,” says Gibbs. “The whole situation is just sad. Every time a new story surfaces, even more people come out of the woodwork.”Gibson disputed this article shortly after it was posted, writing via email, “This story as we see it is completely inaccurate.” Asked which aspects, specifically, are inaccurate, Gibson referred Folio: to Katrina Witherspoon, SVP of marketing for Ebony, who gave the following statement:While unfortunately EBONY was contacted to provide limited response to only one question from Folio pertaining to this particular matter, Michael Gibson made it clear the company has satisfied all outstanding payments with the National Writers Union.As we have stated previously, all prior issues related to payment obligations to former freelance writers were the result of legacy business issues that predated the new business model put in place by Ebony’s current management. Furthermore, as it relates specifically to freelance writers, Ebony has instituted a policy that now provides increased transparency regarding payment terms and conditions for freelance writers we engage.The brand will continue to endure and evolve with a digital first strategy, ensuring its persistence and relevance for decades to come.
The Indian government’s drive against black money to get back ill-gotten wealth stashed away by its citizens abroad has drawn responses from 638 declarants for total assets worth Rs 3,770 crore ($580 million), an official statement said on Thursday.The amnesty scheme ended on September 30. It called for a tax of 30% and an equal amount in penalty, which is to be paid before December 31. The compliance window had opened on July 1.The official statement said the actual quantum of declaration, under what is called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, was subject to a final reconcilitaion.India has no official estimate about the quantum of black money stashed away by Indians abroad but unofficial estimates put the sum somewhere between $466 billion and $1.4 trillion.Even if the lowest estimate of $466 billion stashed away is taken into consideration, the amount declared as part of the drive is barely 1% of it.- With IANS inputs
At the Bombay Stock Exchange (representational image)Reuters fileHappy new year investors! One hopes that Dalal Street extends the gains of the last trading day of calendar year 2016 onto the first trading day of 2017. The BSE Sensex gained 260 points on Friday (December 30) to end at 26,626 while the NSE Nifty ended 82 points higher at 8,186.Bank, real estate, NBFC and home loan stocks are expected to be in focus after PM Narendra Modi’s speech on December 31, 2016 that spoke about dedicated 8 percent interest scheme for pensioners, interest subvention to home loan borrowers in specific categories and relief to small enterprises.SBI, ICICI Bank, PNB, Indiabulls Housing Finance, LIC Housing Finance, DHFL, Axis Bank, Prestige Estates Projects, Godrej Properties and related stocks could see significant movement.Stock markets ended 2016 on a positive note, despite many negative triggers, more so at the last two months, the most significant being the decision to demonetise Rs 500 and Rs 1,000 notes that sent the markets into a tizzy amid projections of a prolonged slowdown.The two benchmark indices are likely to trade in a narrow range in 2017, according to an analyst. “Overall looking at the picture, we believe the market to take time to beat its 2016 Nifty high and remain trading in the broader range of 7000 to 8500 for calendar year 2017,” Abnish Kumar Sudhanshu, Director & Research Head, Amrapali Aadya Trading & Investments, said in a note.What to look for in January 2017The triggers in the first week will be December 2016 car and two-wheeler sales data, followed by merchandise trade, inflation and civil aviation statistics for December.Analysts expect companies to report low volume growth and decline in some cases. Two-wheeler makers are likely to take the maximum hit, say brokerages Nirmal Bang, Motilal Oswal Securities and Nomura.Companies will also be declaring their demonetisation-impacted quarterly results, beginning with Infosys on January 13, 2017. Wipro will be announcing its December quarter results on January 25. Demonetisation is unlikely to have impacted IT software services exporters.Among lenders, Axis Bank will be announcing results on January 19, RBL Bank on January 20, HDFC Bank on January 24, followed by IDFC Bank the next day.Cues could emerge from statements/speeches by the top brass of the ruling party, the BJP. Prime Minister Narendra Modi will be addressing a rally in Lucknow on January 2 while tax collection figures for the 9-month period ended December would also be out.Of course, the mother of all triggers will be Budget 2017 likely to be presented on February 1.
Opinions expressed by Entrepreneur contributors are their own. There’s no getting around it — most of us suffer from email overload. Business messages come in too quickly to deal with, resulting in cluttered inboxes that inspire fear and anxiety.But there are potential solutions. The following tools can help tame even the most out-of-control inboxes and make you more productive:Email templates No matter what industry you’re in, chances are you wind up sending the same types of emails week after week. Whether it’s a message introducing your company to a prospective customer or follow-up communication to help move a sale forward, such emails can eat up an entrepreneur’s precious time.Instead of searching your “sent mail” archive and then copying and modifying each message, consider a template program such as Yesware. Free for individual users and $19 a month for teams, Yesware and other email template programs let you set up standard snippets of text that can be integrated into emails quickly using simple commands. Yesware also can be incorporated into your customer relationship management program.Related: Three Tips for Saving Time on Email Task creation and email trackingIf you manage your “to do” list from within your email system, there’s always a chance that relevant items will get buried in your folders, untagged and forgotten forever. You don’t necessarily need to add an external “to do” management program to your arsenal of business productivity tools. Instead, consider supplementing your email’s task management system with a free program such as meinKopp or Zendio, which costs $9.95 per month.Both programs can be integrated into an existing inbox to provide additional functionality beyond the simple “red flag” system that’s standard in Microsoft Outlook and other email programs. Zendio, for instance, allows you to quickly transfer action items from email to your “to do” list and prevent them from getting lost in your inbox clutter.Email archivingWhile managing task items within your email inbox is important, how you handle the message you’ve decided to file away can be just as critical. If you aren’t sure why, just ask the frazzled colleague in your office who has just spent hours trying to track down a missing, but mission critical, message.The standard email archiving tools that are integrated into programs such as Microsoft Outlook can be useful but they usually don’t provide all the features most entrepreneurs need to manage messages related to ongoing projects. For that, consider an external email archiving tool such as Mail Steward.Related: Is Technology Killing Your Productivity?With packages starting at $24.95, Mail Steward allows you to do two important things:Securely store large amounts of data to prevent file security concerns, andEasily search your email archive for past messages, based on a variety of criteria.Spam control Although most email providers come with spam control installed, these standard tools often fail to filter out all unwanted messages. If junk is slipping past your inbox’s default spam scripts, consider a program such as the Mac-based Spam Sieve. Its advanced technology learns and adapts to your email usage, so that it’s able to block nearly all junk messages while creating a whitelist that prevents messages from colleagues and clients from being marked as spam. It costs $30 as a one-time investment.Email processing methodologyAll the tools in the world can’t help you manage email effectively if you don’t first have a methodology in place for processing incoming messages. For example, if you mark every email you receive as a “to do” list item, it doesn’t matter how sophisticated your task creation tools are. You’ve simply added another level of complexity to an already inefficient process.Related: Everything You Need to Know About Office Email EtiquetteBefore adding any of these tools to your inbox, put a system in place to process incoming messages responsibly. Most professionals adopt a system in which they assign an action to every email they receive immediately. Instead of reading a message and deciding how to follow up on it later, organized people decide immediately whether an action should be completed right away, delegated to someone else or filed away for future reference.One helpful resource for implementing such a system is David Allen’s Getting Things Done blog. This site offers plenty of helpful tips and tricks on how to process incoming email messages responsibly in order to help you take control of your business email. 4 min read Listen Now Hear from Polar Explorers, ultra marathoners, authors, artists and a range of other unique personalities to better understand the traits that make excellence possible. How Success Happens January 23, 2012
FORT LAUDERDALE — Renovations are on the way for the soon-to-be-rebranded Dreams La Romana and that means closures to certain sections of the resort, however the enhancements will be phased in over time and by section to ensure minimum disruptions for guests.Dreams La Romana will get its new name, Hilton La Romana, an All-Inclusive Resort on Nov. 20.In a deal announced last week and reported on Travelweek.ca, the strategic alliance between Hilton and Playa Hotels & Resorts will introduce Hilton La Romana, an All-inclusive Resort, and Hilton Playa del Carmen, an All-inclusive Resort, adding 1,269 new Hilton guest rooms to its existing global portfolioAs part of the transaction Playa Hotels & Resorts is taking over management of Dreams La Romana. Playa Hotels & Resorts has been the owner of Dreams La Romana while it was managed by AMResorts.Also part of the deal, The Royal Playa del Carmen will become Hilton Playa del Carmen, an All-inclusive Resort.The agreement between Playa Hotels and Hilton also includes the potential for the conversion and management of 8 additional resorts by 2025.Following the rebranding Dreams La Romana will undergo a soft goods room renovation, says Froemming.More news: Onex paying big to get WestJet and that will send airfares soaring, says CWTThe first phase of renovations will close the adult-only section on Dec. 1, 2018 and scheduled to reopen on May 1, 2019.On May 1, 2019, the family section will close with expected reopening date of Dec. 1, 2019.“While certain elements will be closed during the renovation, we will maintain a variety of sophisticated and casual outlets and cuisines. Throughout the change in management, the majority of the staff that you have come to know, and love will also remain. The concept of Preferred Club accommodations will also remain,” says Kevin Froemming, Executive VP and Chief Marketing Officer, Playa Hotel & Resorts.Upon completion on Dec. 1, 2019, the resort will consist of an age restricted section for guests 18 and over and a family friendly section designed for guests of all ages.Here are details regarding future bookings:Guests who have booked stays before Dec. 1, 2018 will not be impacted.Guests booked in the Adult-Only section from Dec. 1, 2018 to April 30, 3019 can be accommodated in the all ages section or have the option to relocate to another Playa Hotels & Resorts adult-only resort/section including Dreams Punta Cana; Dreams Palm Beach; Jewel Paradise Cove; Jewel Dunn’s RiverFamilies booked in the All Ages section from May 1, 2019 to Dec. 1, 2019 can be accommodated at a Playa Hotels & Resorts family friendly resort including Dreams Punta Cana; Dreams Palm Beach; Jewel Runaway Bay; Panama Jack Resorts Cancun; and Panama Jack Resorts Playa del CarmenAdult guests booked in the family sections from May 1, 2019 to Dec. 1, 2019 will be accommodated in the adults only section or have the option to relocate to another Playa Hotels & Resorts adult-only resort/section including Dreams Punta Cana; Dreams Palm Beach; Jewel Paradise Cove; and Jewel Dunn’s River.Guests also have the option to cancel their booking and reschedule once the resort reopens should they choose to do so.Existing wedding and group bookings will be honored as is.More news: Transat calls Groupe Mach’s latest offer “highly abusive, coercive and misleading”Agents who have any additional questions regarding rebooking are asked to contact their Playa sales representative or email@example.com. Monday, September 24, 2018 Share Posted by << Previous PostNext Post >> Are your clients impacted by Dreams La Romana closures? Here’s the list of reno dates Tags: Dreams Resorts & Spas, Hilton, Openings & Renovations Travelweek Group