Axel Springer Sees Earnings Hit by Investment, Restructuring

FRANKFURT, March 6 (Reuters) - German publisher Axel Springer on Wednesday forecast a drop in profitability in 2013, expecting investments in its digital business and restructuring efforts in its declining printing business to weigh on results. The ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2013-03-08 00:00:00 UTC ]
News tagged with: #restructuring efforts #digital business

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Axel Springer Sees Earnings Hit by Investment, Restructuring

FRANKFURT, March 6 (Reuters) - German publisher Axel Springer on Wednesday forecast a drop in profitability in 2013, expecting investments in its digital business and restructuring efforts in its declining printing business to weigh on results. The ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #restructuring efforts #digital business


A Slimmer Quarto Group Sees Sales and Earnings Fall

The combination of its decision to streamline its business and softer industry sales resulted in revenue at Quarto Group falling 16% in the first half of 2023, to $52 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fall #quarto


German publisher Axel Springer says journalists could be replaced by AI

Owner of Politico urges focus on investigative journalism and original commentary, as company prepares for job cuts at German papers Die Welt and BildJournalists are at risk of being replaced by artificial intelligence systems like ChatGPT, the CEO of German media group Axel Springer has... Continue reading at The Guardian

[ The Guardian | 2023-03-01 01:23:51 UTC ]
More news stories like this | News stories tagged with: #investigative journalism #original commentary #job cuts #boost revenue #die welt #digital media


Hodder & Stoughton restructure sees Dickinson step up and Howard leave

Hodder & Stoughton has announced a restructure to the fiction editorial team with Jo Dickinson stepping up and Kate Howard leaving the company after 16 years.  Continue reading at The Bookseller

[ The Bookseller | 2021-11-02 12:31:59 UTC ]
More news stories like this | News stories tagged with: #hodder stoughton #hodder


At Axel Springer, Allegations of Sex, Lies and a Secret Payment

A high-flying German media giant is ahead on digital media but seems stuck in the past when it comes to the workplace and deal-making. Continue reading at The New York Times

[ The New York Times | 2021-10-18 18:15:07 UTC ]
More news stories like this | News stories tagged with: #axel springer #digital media


Germany's Axel Springer to acquire Politico, Protocol

Germany publishing company Axel Springer says it has signed a deal to buy the U.S.-based political news site Politico and the tech news site Protocol from founder Robert L Continue reading at ABC News

[ ABC News | 2021-08-26 18:57:02 UTC ]
More news stories like this | News stories tagged with: #axel springer


More support needed as Covid-19 hits author earnings, say MPs

More targeted support is needed for the country’s “fragile creative and cultural sectors” beyond emergency funding, according to a new report into the impact of coronavirus on the UK’s authors and writers.  Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 05:20:25 UTC ]
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W H Smith to cut up to 1,500 jobs in restructure after Covid-19 hits business

W H Smith has announced plans for a major restructure which could see around 1,500 roles made redundant across the business. Continue reading at The Bookseller

[ The Bookseller | 2020-08-05 02:02:59 UTC ]
More news stories like this | News stories tagged with: #major restructure #announced plans #w h smith


Axel Springer Merges eMarketer, Business Insider Intelligence to Form ‘Insider Intelligence’

eMarketer, founded in 1996 and acquired by German publishing company Axel Springer in 2016, is being merged with Business Insider Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-06 21:51:48 UTC ]
More news stories like this | News stories tagged with: #business insider #german publishing


Coronavirus-hit Italy sees 25% drop in book sales

According to the Italian Publishers Association (AIE), Italy's book market fell 25% last week, with those areas worst-hit by the coronavirus—such as Lombardy, Veneto and Emilia—seeing drops of 50% and above. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 21:19:43 UTC ]
More news stories like this | News stories tagged with: #book sales #book market #publishers association


Walliams hits £100m earned through BookScan

David Walliams has surpassed the £100m mark through Nielsen BookScan's Total Consumer Market, a week ahead of The Beast of Buckingham Palace (HarperCollins) hitting the charts. Continue reading at The Bookseller

[ The Bookseller | 2019-11-20 22:12:15 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan #david walliams #week ahead #nielsen


Axel Springer Repositions as a ‘Media and Tech Company’

Someone needs to do a major rewrite of the Wikipedia article about Axel Springer because it’s not a digital publisher anymore like Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-09-23 18:00:02 UTC ]
More news stories like this | News stories tagged with: #tech company #digital publisher


Group Nine Media Raises $50 Million from Discovery, Axel Springer

Group Nine Media just raised $50 million from lead investor Discovery Inc. and partner Axel Springer SE, the company announced Monday. The digital media holding company also hinted that acquisitions may be on the horizon with the new increase in funds. Discovery initially invested $100 million... Continue reading at AdWeek

[ AdWeek | 2019-09-09 14:56:30 UTC ]
More news stories like this | News stories tagged with: #axel springer #video content #digital media


Scholastic's Earnings Take Big Hit in Fiscal 2019

Scholastic cited a host of factors for a 55% decline in operating income in the fiscal year ended May 31, 2019. Revenue rose 2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #big hit #operating income #scholastic


Brexit uncertainty has hit industry investment, PA president warns

The prolonged uncertainty over the shape and timeline of Brexit has led to delayed investment decisions from publishers which will affect industry growth further down the line, Publishers Association president Peter Phillips has said.     Continue reading at The Bookseller

[ The Bookseller | 2019-07-07 12:51:47 UTC ]
More news stories like this | News stories tagged with: #publishers association


Axel Springer Will Merge Insider Inc. and eMarketer Next Year

Insider Inc., the publisher of Business Insider, Markets Insider and Insider, will combine with eMarketer in 2020 in an effort to bolster the business-to-business digital research and intelligence services that both companies provide, Axel Springer said Thursday. The German publisher, which owns... Continue reading at AdWeek

[ AdWeek | 2019-06-13 18:36:53 UTC ]
More news stories like this | News stories tagged with: #business insider #axel springer #intelligence services #companies provide #german publisher


Promotions Hit HBG Sales Department Amid Restructuring

A slew of promotions came to Hachette Book Group's sales department this week that are related to a restructuring of the department due in part to the departure of some employees . Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales department


Indigo's Q3 Earnings Hit by Postal Strike

A strike at Canada Post late last year caused headaches at Indigo Books & Music, resulting in a dip in sales of 1.7% for the company's third quarter and a steep drop in earnings for the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steep drop


Amazon hits back at claims it is to blame for falling author earnings

Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #retail giant #median income #american literature #puts pressure #marketing fees


‘We’re giving them a harder time’: Axel Springer tries to turn up heat on Facebook

Publishers like Axel Springer are giving Facebook a harder time after user trust in Facebook dipped following the Cambridge Analytica scandal. The post ‘We’re giving them a harder time’: Axel Springer tries to turn up heat on Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook appeared #axel springer