Pros
Not much. Decent, quiet office setting. The pay isn't terrible.
Cons
Huge publishing company trying to become an Internet/Web company. And it is just painful. Attempting to bring ,any separate companies under one umbrella with a new crew of executives that are simply not up to the task. Frightening amount of micromanagement from managers that cannot grasp the technology, yet are expected to. Great deal of FUD in the upper echelons of management. One side of the house is trying to bring back 1993, in terms of operations; another wants to be the next Facebook. Creates a nearly schizophrenic atmosphere. Unstable environment is, predictably, driving out all the talent as they go elsewhere to find fulfillment; with the remaining workers either under-skilled or overwhelmed. Still a lot of good people that are trying hard, but even the most optimistic feel it is largely in vain.