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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How OpenAI's ChatGPT has changed the world in just a year

Over the course of two months from its debut in November 2022, ChatGPT exploded in popularity, from niche online curio to 100 million monthly active users — the fastest user base growth in the history of the Internet. In less than a year, it has earned the backing of Silicon Valley’s biggest... Continue reading at Engadget

[ Engadget | 2023-11-30 14:00:50 UTC ]
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How OpenAI's ChatGPT has changed the world in just a year

The 2023 Stocking Stuffer of the Year Award! (shelftalker)

One last chance for these once august awards to reclaim their honor and dignity. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-30 13:00:00 UTC ]
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Year of the Rabbit: Why We’re Seeing So Many Bunnies on Books

The bunny is having its book cover moment. If you don’t believe me, head to your closest bookstore and look for recent award winners: you’ll find Bora Chung’s Cursed Bunny, recently shortlisted for the National Book Award for Translated Literature, cozied up next to last year’s winner for... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-29 09:51:35 UTC ]
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Apple Books Names 2023 Bestsellers, Launches 'Year in Review' Feature

A new feature on Apple Books gives users Spotify Wrapped–style insights into their reading habits in 2023—a year in which Jack Carr, Prince Harry, Britney Spears, and Rebecca Yarros topped the Apple Books charts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-28 05:00:00 UTC ]
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Doctor Who has left the ABC after nearly 60 years – and Russell T Davies knows some fans aren’t happy

The Doctor Who showrunner sympathises with Australian fans annoyed about its move to Disney+ but hopes the show will provide something ‘positive and optimistic’After nearly 60 years, Doctor Who is leaving Aunty and moving in with the Mouse. The much-loved British science fiction show is no... Continue reading at The Guardian

[ The Guardian | 2023-11-25 19:00:02 UTC ]
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73-year-old who walked north to south in Gaza returns to Canada

A 73-year-old man who was first trapped in Gaza and then forced to walk from northern to southern Gaza to avoid Israeli airstrikes has reunited with his family at Toronto's Pearson International Airport. Continue reading at CBC

[ CBC | 2023-11-22 02:43:00 UTC ]
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France’s Vivlio, 10 Years Old, Launches New Ebook Service

Not unlike the 'Storytel Originals' effort to create new audiobook content in some markets, France's Vivlio is starting a 'Stories' platform. The post France’s Vivlio, 10 Years Old, Launches New Ebook Service appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-16 22:07:48 UTC ]
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It took 28 years, but this book club finally finished reading Finnegans Wake

After 28 years, a book club in Venice, Calif., has finally finished reading Finnegans Wake by James Joyce — but the club's founder Gerry Fialka would argue you're never really done reading it. Continue reading at CBC

[ CBC | 2023-11-14 22:49:00 UTC ]
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Shanghai’s Children’s Book Fair at 10: A Fifth Year for Its Bologna Partnership

The 10-year-old Shanghai International Children's Book Fair welcomes back its partner, Bologna, for collaboration and support. The post Shanghai’s Children’s Book Fair at 10: A Fifth Year for Its Bologna Partnership appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-14 22:06:29 UTC ]
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CEO of Hachette Book Group will step down at end of the year

The head of Hachette Book Group, Michael Pietsch, is retiring as CEO and will be succeeded by Hachette UK CEO David Shelley Continue reading at ABC News

[ ABC News | 2023-11-14 20:46:13 UTC ]
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This is the Best Book of the Year, According to Barnes & Noble

Barnes and Noble has announced their Book of the Year for 2023 — plus the inaugural winner of their Author of the Year award. Continue reading at Book Riot

[ Book Riot | 2023-11-13 15:03:30 UTC ]
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Barnes & Noble’s Best Books of the Year

Barnes & Noble has released the finalists for their Best Books of the Year. The 12 books include a mix of genres and age categories. Continue reading at Book Riot

[ Book Riot | 2023-11-10 20:12:21 UTC ]
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Research Publishing: Projekt DEAL, Springer Nature in New Five-Year Accord

The three-publisher program devised to elevate German open-access research publication reports that it expects a formal signing of a new accord within weeks. The post Research Publishing: Projekt DEAL, Springer Nature in New Five-Year Accord appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-08 21:43:12 UTC ]
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Lit Hub Daily: November 8, 2023

Read rapid-fire interviews with (almost) all the finalists for the 2023 National Book Award, before next week’s ceremony. | Lit Hub Is twinship the ideal relationship? Helena de Bres investigates. | Lit Hub Memoir A Gilded Age Kardashian: Why Apple TV+ made a mistake in passing on Sofia... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-08 11:30:33 UTC ]
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RELX Group Is the World's Largest Publisher for the Fifth Year Running

Our annual ranking of the world’s biggest book publishers was once again topped by the STM and legal giant, which toppled Pearson from its perch in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-03 04:00:00 UTC ]
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Up in smokes: Daily Tele’s taxpayer-funded ciggies help Labor minister destroy travel card | The Weekly Beast

News Corp reporter bought a pink doughnut, a soft drink and tobacco as part of a NSW government endorsed media stunt. Plus: cartoonists go their own wayFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhat happens when... Continue reading at The Guardian

[ The Guardian | 2023-11-03 02:06:22 UTC ]
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Lit Hub Daily: November 2, 2023

Hannah Lillith Assadi on losing home, identity, and her father: “I wonder what it is I have inherited from him more profoundly: his Palestinian-ness or his propensity to fall?” | Lit Hub Memoir At the Refocus Film Festival, Kristen Roupenian and director Susanna Fogel talk about adapting “Cat... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-02 10:30:44 UTC ]
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Trauma and drama: Britney Spears and the risky business of celebrity memoirs

The celebrity memoir is booming. But while such books have become part of entertainers' brand management, the focus on salacious details poses risks. Continue reading at CBC

[ CBC | 2023-10-28 08:00:00 UTC ]
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Carmen Giménez Looks Back at Her Year at Graywolf

The former English professor says there has been a learning curve moving from academia to the publishing industry, but she feels energized by the challenges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-27 04:00:00 UTC ]
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