Daily Mail Warns of 'Year of Transition' for Its Business

Shares in Daily Mail & General Trust slumped the most since 2001 after giving investors news they didn't want to hear: 2018 will essentially be a lost year.The publisher of the Daily Mail newspaper said fiscal 2018 will be a "year of transition," warning of weakness across its businesses, a higher tax rate and a hit from asset sales. The stock fell as much as 29 percent Thursday, the most since the Sept. 11 attacks, when the company's trade publishing business suffered losses from canceled New York events.The plunge shows some investors are losing patience with the company's delays in delivering a turnaround, a little over a year after CEO Paul Zwillenberg took over. Panmure Gordon & Co. berated the company for what it called "arguably the fifth transitional year in a row," highlighting how one of Britain's biggest media brands is struggling to reinvent itself from a tabloid publisher to a diversified global media group. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-11-30 00:00:00 UTC ]

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Lit Hub Daily: August 13, 2024

Navid Sinaki on Scheherazade, secrets, and finding his voice as a young, queer Iranian immigrant. | Lit Hub Memoir “What do we inherit from trauma? Complicated stories, frayed genetics, and many, many hidden secrets.” Danzy Senna, Kristopher Jansma, Rosie Schaap and more take the Lit Hub... Continue reading at Literrary Hub

[ Literrary Hub | 2024-08-13 10:30:55 UTC ]
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The Years: an audacious adaptation of Annie Ernaux’s masterpiece of memoir and sociology

A life in five parts in a changing France is wrought powerfully on stage in this adaptation of Annie Ernaux’s book The Years Continue reading at The Conversation

[ The Conversation | 2024-08-09 10:28:43 UTC ]
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Schiffer Publishing Celebrates 50 Years of Steady Growth

The company has largely flown under the industry radar since it was launched in 1974 by the wife-and-husband team of Nancy and Peter Schiffer. But the arts and crafts publisher today stands as a bona fide indie success story. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-09 04:00:00 UTC ]
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Durham's Letters Bookshop Transitions to Community-Owned Cooperative

Founded in 2013, Letters Bookshop in Durham, N.C., is transforming from a privately owned business to a community-supported cooperative, selling shares for $116, in an aim to sustain the store in amid a challenging retail environment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-06 04:00:00 UTC ]
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Freud's Writings Get an Update—30 Years in the Making

'The Revised Standard Edition of the Complete Psychological Works of Sigmund Freud,' copublished by Rowman & Littlefield and the Institute of Psychoanalysis, took three decades for editor and translator Mark Solms to complete. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-01 04:00:00 UTC ]
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This Booker longlist might just be the most enjoyable of recent years

No Sally Rooney, one clear favourite and a novel set in space - this is a longlist of unexpected discoveries and big ideas• Three British novelists make Booker 2024 longlist among ‘cohort of global voices’It is 10 years since the Booker prize expanded its remit to include American novelists. The... Continue reading at The Guardian

[ The Guardian | 2024-07-30 13:04:15 UTC ]
More news stories like this | All news stories tagged with: #novelists #modern classic #wider audience #american letters #huckleberry finn #david nicholls #rachel cusk #kevin barry #normal people


Lit Hub Daily: July 26, 2024

Lauren Markham on why she almost quit journalism (and what made her come back). | Lit Hub Memoir “I fear the obvious so much that my evasions of it have sometimes made me ridiculous.” Phil Christman considers the poetics of place. | Lit Hub Craft Sarah Manguso’s Liars, Anne... Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-26 10:30:31 UTC ]
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Jo Callaghan wins crime novel of the year with story of an AI detective

In the Blink of an Eye was praised at the Theakston Old Peculier crime writing festival as ‘changing the way we think about policing forever’A “boundary-pushing take on the police procedural” which features a human detective working with an AI sleuth in order to solve a missing persons case has... Continue reading at The Guardian

[ The Guardian | 2024-07-19 16:29:44 UTC ]
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Lit Hub Daily: July 18, 2024

In the undertaking of a lifetime, James Folta ranks 100 iconic ALA posters of celebrities urging you to read. | Lit Hub Maris Kreizman on being one of 500 literary voices who contributed to that New York Times best books of the century list: “If you’re a real book lover you know that 10 slots […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-18 10:30:18 UTC ]
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Christian Publisher Editorial Patmos Celebrates 25 Years in the U.S.

The company, which is headquartered in Miramar, Florida, and focuses exclusively on Christian titles, has seen significant growth in the U.S. market over the past quarter-century, with the U.S. now accounting for 52% of its total business, a testament to the growing Spanish-speaking population... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-16 04:00:00 UTC ]
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Romance Bookstores Increase Tenfold in Two Years

Have you heard? Romance is booming online and IRL. Print sales surge with the help of teens and social media. Continue reading at Book Riot

[ Book Riot | 2024-07-09 15:00:00 UTC ]
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Always Running: Luis J. Rodríguez’s memoir of gang days in LA is as relevant today as it was 30 years ago

Many of the book’s themes, including structural racism, inequalities and poverty are as topical now as 30 years ago. Continue reading at The Conversation

[ The Conversation | 2024-07-08 15:26:53 UTC ]
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Time strikes a deal to funnel 101 years of journalism into OpenAI's gaping maw

Time has joined a growing number of publications to sign a licensing deal with OpenAI. The ChatGPT creator will legally be able to train its large language models on 101 years worth of the storied publication's journalism, as Axios first reported. OpenAI will also have access to real-time... Continue reading at Engadget

[ Engadget | 2024-06-27 14:40:58 UTC ]
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Why the lines between digital advertising and direct mail are blurring

Tom Fleming, senior vice president of acquisition, Adstra Digital media has forever altered the ad industry by creating new ways of reaching and engaging consumers.  For a long time, digital advertising has stood separate from older offline tactics in terms of execution, organization, funding... Continue reading at Digiday

[ Digiday | 2024-06-26 13:42:23 UTC ]
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Five Years of Reading with Jenna Hager Bush

Over the past half-decade, the Read with Jenna Book Club has become a valuable platform for new literary voices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-21 04:00:00 UTC ]
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Lit Hub Daily: June 18, 2024

“We are all unreliable narrators, recounting our stories through the filters of perception and memory.” Matt Young considers the nuances of memoir and autofiction. | Lit Hub Craft Levi Vonk on Summer Brenner’s Dust and the complexities inherent to writing about the South. | Lit Hub Criticism... Continue reading at Literrary Hub

[ Literrary Hub | 2024-06-18 10:30:05 UTC ]
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Fall 2024 Adult Preview: Business & Economics

The misdeeds of the über-wealthy, the histories of famous brands, strategies for avoiding burnout, and the nuts and bolts of starting a new business are among the topics covered in this season’s offerings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-14 04:00:00 UTC ]
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Wiley Looks Ahead After a Transitional Fiscal 2024

With its divestiture program nearing completion, positive indicators in its research group, and ongoing generative projects, Wiley expects sales and earnings to bounce back in fiscal 2025. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-13 04:00:00 UTC ]
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Lit Hub Daily: June 12, 2024

What if Jane Austen is actually the master of anti-romance? Inger Sigrun Bredkjær Brodey on how Austen’s rushed endings undercut her reputation. | Lit Hub Criticism Living with a literary icon can teach some incredible lessons. Cory Leadbeater on his life-changing friendship with Joan Didion. |... Continue reading at Literrary Hub

[ Literrary Hub | 2024-06-12 10:30:38 UTC ]
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Why you might struggle to find this year’s International Booker winner in UK libraries – and why publishing suffers as a result

If you search for translated books all of them won’t come up in a library catalogue search. Continue reading at The Conversation

[ The Conversation | 2024-06-11 17:09:25 UTC ]
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