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: February 28, 2024

 “These girls thought themselves saints of something, and I nodded and kneeled.” Emmeline Cline on eating disorder memoirs and the contagion of identification. | Lit Hub Memoir Steven W. Thrasher on the murder of journalists in Gaza and the loss of critical American voices in journalism: “What... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-28 11:30:35 UTC ]
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Lit Hub Daily: February 27, 2024

“I was still reporting to my father, the things I had read and all that I had remembered.” Amitava Kumar on family, loss, and resonating with the words of other writers. | Lit Hub Memoir “Even in the worst of times, humans have a way of coming together to lighten the load and provide hope […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-27 11:30:51 UTC ]
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U.K. Publishing Spotlight: DK Celebrates 50 Years

The British illustrated reference publisher continues to reinvent itself a half-century on—and has used the milestone of the anniversary as catalyst for examining new opportunities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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U.K. Publishing Spotlight: Building Bridges Between the U.K. and U.S. Book Businesses

British publishers discuss how transatlantic collaboration can boost books’ performance and the work it takes to maintain mutually beneficial relationships. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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12 Brilliant Short Stories by Black Writers to Read Year-Round

From one girl’s aspiration to Olympic gymnastics glory, to a boy’s stint living in the Idaho wilderness in hopes of fixing his unruly behavior, something that remains a guiding principle in Black storytelling is the breadth of our lives. These stories, a collection of some of EL’s most-loved... Continue reading at Electric Literature

[ Electric Literature | 2024-02-22 12:00:00 UTC ]
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Lit Hub Daily: February 22, 2024

What’s Aisha Sabatini Sloan reading? Diana Arterian on the author’s nightstand. | Lit Hub Criticism “The intimacy I feel with what my home once was cannot be reconciled with what downtown has become.” Emma Dries reflects on her childhood home and how 9/11 changed downtown Manhattan forever. |... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-22 11:30:18 UTC ]
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Lit Hub Daily: February 19, 2024

Kate Sidley on writing in the aftermath of a home robbery: “When bad things happen, they happen off-page, out of sight, and with a certain delicacy.” | Lit Hub Memoir Lockdown may be over, but what did it to to our collective sense of balance? How the pandemic ruined our understanding of “free”... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-19 11:30:44 UTC ]
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Asian American Book Club Launches with Lunar New Year Party

The organization held its soft launch party last night in Brooklyn, N.Y., which event coproduced by Hachette Book Group and Kundiman and featured six authors, including Curtis Chin and Kat Chow. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-16 05:00:00 UTC ]
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ABC warns staff of agenda-driven criticism after News Corp pounces on Aboriginal land comment | The Weekly Beast

Newsroom director decries The Australian’s ‘constant’ swipes at individual ABC employees. Plus: a mushroom misstepFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhen the ABC Indigenous affairs editor, Bridget... Continue reading at The Guardian

[ The Guardian | 2024-02-16 02:50:06 UTC ]
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Starting this year, the National Book Awards will be open to non-citizens.

Today, the National Book Foundation announced a change in the eligibility criteria for the annual National Book Awards for Fiction, Nonfiction, Poetry, and Young People’s Literature. Beginning with the 75th National Book Awards, submissions for which open on March 13 of this year, the prizes... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-15 15:30:03 UTC ]
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Lucy Sante Discusses Her Memoir and Her Gender Transition

In her memoir “I Heard Her Call My Name,” the author reflects on her life and embarking on a gender transition in her late 60s. Continue reading at The New York Times

[ The New York Times | 2024-02-14 10:02:14 UTC ]
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Winter Institute 2024: Keynote Speakers Share Business World Wisdom

Private equity investor James Rhee, author of 'Red Helicopter,' suggested ways to amplify a bookstore or brand’s intangible qualities, and conflict resolution specialist William Ury, author of 'Possible,' advised booksellers on how to deal with people's differences "constructively." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-13 05:00:00 UTC ]
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From the Stage to the Page: 10 Years In, Z2 Comics Rocks On

For nearly a decade, Z2 Comics has worked to merge the twin fandoms, collaborating with musicians to produce titles that coexist with their musical work. The result: books that act as bridges between mediums. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-13 05:00:00 UTC ]
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These books were challenged at Ottawa's libraries last year

Challenges cited allegations of racism and hatred, as well as supposedly inaccurate or age-inappropriate content, but all were rejected. Continue reading at CBC

[ CBC | 2024-02-10 09:00:00 UTC ]
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Toronto breaks 86-year temperature record as unseasonable warmth hits

Temperatures are soaring across Ontario, with Toronto breaking a daily record and other cities poised to follow suit. The temperature cracked 11 C by 10 a.m. Friday at Toronto Pearson International Airport, busting a daily record set on the same day in 1938. Continue reading at CBC

[ CBC | 2024-02-09 17:27:50 UTC ]
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The Netherlands in Taiwan: 400 Years of Shared History

The 2024 Taipei International Book Exhibition’s Guest of Honor Netherlands reviews ‘400 year-long connections’ between the cultures. The post The Netherlands in Taiwan: 400 Years of Shared History appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-02-08 22:24:46 UTC ]
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130-Year-Old California Bookstore Seeks Buyer

Vroman’s is a community landmark in Pasadena, Calif. Now, its longtime owner says he’s ready to turn over the reins. Continue reading at The New York Times

[ The New York Times | 2024-02-08 14:22:44 UTC ]
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With Acquisitions, Our Daily Bread Ministries Expands Publishing, Outreach

ODBM has acquired the Institute for Bible Reading and its popular 'Immerse' Bible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-07 05:00:00 UTC ]
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The 23-Year-Old Publishing Satire That is Still Painfully Relevant

Black publishing industry figures weigh in on ERASURE and AMERICAN FICTION, Becky Chambers gets a Folio edition, and more, today in books. Continue reading at Book Riot

[ Book Riot | 2024-02-06 15:31:08 UTC ]
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Stephen Blake Mettee, Book Business Entrepreneur, Dies at 76

Stephen Blake Mettee died from a heart attack while snorkeling in the Galapagos Islands on November 18. A serial entrepreneur across many sectors, Mettee founded independent publisher Quill Driver Books in 1994 and Hummingbird Digital Media, a hybrid e-book distributing/retailing company, in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
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