Walmart acquires last mile delivery platform (chainstoreage.com)

The DEAL Consortium and scholarly publisher Wiley today announced the signing of a new five-year agreement which will allow scientists from German academic institutions to publish their research open access (OA) within Wiley’s portfolio of scientific journals. The new agreement continues the successful collaboration that started in 2019 and through which by now over 38,000 articles have been published open access. It will provide authors at participating German institutions with open access publishing options across Wiley’s portfolio alongside read access to all Wiley journal content. The new agreement will also: *Support institutions in the transition to OA, honoring the immense value learned societies bring to the scholarly community. *Enhance infrastructure, including robust workflows to support authors, librarians and open access administrators. *Support participating institutions with bespoke training and continuing collaboration with the Wiley DEAL Advisory Board to monitor success.

McClatchy announced that it filed an asset purchase agreement with the U.S. Bankruptcy Court, formalizing the details of Chatham Asset Management's successful bid for ownership of McClatchy in the Chapter 11 sale process. The filing is a key milestone in the reorganization and paves the way for a change in control of the 163-year-old news company. Under Chapter 11 rules, the proposed asset purchase is scheduled for consideration by the Court for approval at a hearing on August 4. Under the agreement, Chatham will acquire McClatchy for $263 million in a credit bid of the Company's first-lien debt, plus new money consideration of $49 million in cash and the assumption of additional liabilities.

Anyone working in or around the magazine industry knows one thing for certain: Everyone’s got an opinion. Prognostications on the print magazine industry range from doom and gloom to nothing but sunshine and moonbeams. If you’re in the business of print magazines, like we are, you don’t have the luxury of choosing one position or the other. Common business sense requires us to critically examine what’s really going on. Is the print magazine industry in danger of collapse? Let’s take a closer look. Roy Stevenson is a travel magazine writer and industry coach, so he’s deeply in touch with the realities of his market niche. “These naysayers will tell anyone within earshot that the Internet has completely overtaken the print industry,” Stevenson writes on his travel writing site PitchTravelWrite. “One prominent travel blogger even predicted that by the year 2020 print magazines would cease to exist! Naturally, as a print media freelance writer I feel more than a little concern when I hear these gloomy predictions,” he continues. Click Read More below for more of the story.