Ad revenue falls again at The New York Times Co.

Ad revenue at The New York Times Co. declined 8.9% in the third quarter from the quarter a year earlier as print ad revenue dropped 10.9% and digital ad revenue slipped 2.2%, the company said today. Circulation revenue, however, increased 7.4% on the strength of growing digital subscriptions and an increase in print circulation prices in the first half, which offset falling print sales. The boost in circulation revenue was nearly enough to overcome the ad drop and a 2.9% decline in other revenue: Total company revenue was down just 0.6% from the third quarter of 2011. The company, which also publishes The Boston Globe, said it expects overall ad revenue trends in the fourth quarter to resemble the quarter just completed. Circulation revenue should increase in by a percentage in the mid- to high-single digits, it said. "While our results for the third quarter reflect continues pressure on advertising revenues, total circulation revenues rose led by the ongoing expansion of our digital subscription base," said Arthur Sulzberger Jr., chairman and interim CEO, in a statement accompanying the financial results on Thursday. "Digital subscription trends have remained robust and at quarter end, paid digital subscriptions across the Company totaled approximately 592,000, up 11 percent from the end of the second quarter." Digital subscribers to The New York Times and the International Herald Tribune comprised 566,000 of that total, up 11% from the end of the second quarter, while... Continue reading at 'Crains New York'

[ Crains New York | 2012-10-25 00:00:00 UTC ]
News tagged with: #digital subscribers #operating profit

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Is Native Advertising About to Go the Way of Pop-Up Ads?

When the concept of native advertising first gained widespread attention in 2012, it was expected to lift publishers' fortunes and rescue digital advertising from the perpetual downward slide of display ad rates.Fast-forward three years, and native has largely delivered on that promise.... Continue reading at Advertising Age

[ Advertising Age | 2015-09-04 00:00:00 UTC ]
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Fall Regional Bookselling Shows 2015: No Matter Where You Live, There's a Book for There: TK# Picks from Booksellers

Booksellers from across the country share standout books with strong regional ties. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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Fall Regional Bookselling Shows 2015: Publishers Offer Economics of Publishing 101 for Booksellers

Publishers will be using profit-and-loss statements to educate booksellers about their financial realities at this year's regional trade shows. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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Fall Regional Bookselling Shows 2015: Children’s Authors Appearing at the 2015 Regional Bookselling Trade Shows

A selection of some of the hundreds of children's book authors who will be at this season’s regional shows. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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Fall Regional Bookselling Shows 2015: The PW Guide

What’s in store at the annual booksellers associations’ gatherings, which kick off the week of September 14. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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Fall Regional Bookselling Shows 2015: Adult Authors Appearing at the 2015 Regional Bookselling Trade Shows

Here is a selection of some of the hundreds of authors who will be at this season’s regional shows. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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The Rabbit Who Wants to Fall Asleep sells to major publisher

Carl-Johan Forssén Ehrlin’s self-published bestseller to get traditional edition with Penguin Random HouseThe Swedish author of this summer’s surprise self-published hit, a bedtime story that promises to “make anyone fall asleep” using positive reinforcement techniques and plenty of yawns, has... Continue reading at The Guardian

[ The Guardian | 2015-09-03 00:00:00 UTC ]
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AOL Scoops Up Mobile Ad Network Millennial Media for $238 Million

After two months of speculation, AOL has acquired mobile ad network Millennial Media for $238 million, or about $1.75 per share. The Millennial deal is the newest step in building out AOL's tools to compete in mobile advertising against behemoths like Facebook, Yahoo and Google. With the deal,... Continue reading at AdWeek

[ AdWeek | 2015-09-03 00:00:00 UTC ]
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RH Children's Buys Self-Pubbed Phenom 'Rabbit Who Wants to Fall Asleep'

The self-published picture book 'The Rabbit Who Wants to Fall Asleep,' which shot to the top of Amazon's U.K. print list a few weeks ago, has officially been acquired in by Penguin Random House. The publisher took world English rights to the book in a joint deal between Random House U.S. and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-02 00:00:00 UTC ]
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iBooks Bestsellers: 'Grey' Falls to #12

EL James' consistently bestselling "Grey" fell a staggering eight spots to #12 on iBooks bestseller list for the week ended Aug. 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-02 00:00:00 UTC ]
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US book sales fall in first five months of 2015

Book sales of traditionally published books in the US fell by almost 6% in the first five months of this year, compared to the same period the year before. Overall sales for trade fiction and non-fiction, children, higher education, professional and university presses were down 5.8% from... Continue reading at The Bookseller

[ The Bookseller | 2015-09-02 00:00:00 UTC ]
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Exposing Yourself As a First-Time Author

Jay Keefe wrote a memoir about recovering from alcoholism and realizes, upon publication, that it a huge personal risk it was, albeit one with rewards. The post Exposing Yourself As a First-Time Author appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-01 00:00:00 UTC ]
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Sign of the times: how Show Me a Hero captures our political mood

Despite being set in the 1980s, David Simon’s new show seems spookily topical. It’s not the only TV series that has turned up in the right place at the right time...David Simon’s new series Show Me a Hero provides everything you might expect from a TV-maker with The Wire, Homicide: Life on the... Continue reading at The Guardian

[ The Guardian | 2015-08-31 00:00:00 UTC ]
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On ad pricing, Condé Nast bows to the reality of digital

Like all traditional publishers, Condé Nast has had to adapt its brands as readers and advertisers shift their habits and spending to digital platforms. The changes haven’t gone unnoticed by ad buyers. They applauded Condé Nast’s greater flexibility, manifest in its native ad platform 23 Stories... Continue reading at Digiday

[ Digiday | 2015-08-31 00:00:00 UTC ]
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The Mysterious Bounce of ‘The Rabbit Who Wants to Fall Asleep’

How the self-published Swedish picture book become an overnight international sensation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-28 00:00:00 UTC ]
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BuzzFeed partners with GroupM, world's largest buyer of online ads

BuzzFeed, the fast-growing media site, and GroupM, the world's largest buyer of online advertising, announced a partnership Thursday that underscores the rising lure of digital publishing to leading brands. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-27 00:00:00 UTC ]
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Why the Video Network StyleHaul Hired a Veteran Print Executive as Its Revenue Chief

A longtime print magazine sales executive may not be the obvious choice to run ad sales for a digital video network aimed at millennial women. But that's the choice StyleHaul has made with the appointment of former Meredith exec Dick Porter as its cheif revenue officer. He fills a position... Continue reading at Advertising Age

[ Advertising Age | 2015-08-26 00:00:00 UTC ]
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How Vox Media slashed its webpage load time in half

The sharp rise in mobile readership has forced publishers to ask themselves hard questions about their site performance. Joining the likes of GQ and The Washington Post, Vox Media has taken a hard look at its page load time, cutting it in half to an average of 11.5 seconds. Vox did this by... Continue reading at Digiday

[ Digiday | 2015-08-26 00:00:00 UTC ]
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How to Survive the Cruel Times: Life Lessons from Bestselling Rabbi Harold Kushner

In Kushner's 12th book, 'Nine Essential Things I've Learned About Life,' he offers reasons to come back to religion for those who have walked away. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-25 00:00:00 UTC ]
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Mobile Readers Abound; the Ads, Not So Much

Traditional and online publishers are struggling to cash in on their surging mobile traffic, raising questions about their future growth as consumers increasingly turn to smartphones and tablets for media. Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-08-24 00:00:00 UTC ]
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