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 23, 2023

“No one needs my opinion about books.” Longtime indie bookseller Josh Cook against the cultural authoritarianism of “good taste.” | Lit Hub Criticism When folk went mainstream: On Harry Everett Smith and the cultural paradigm shift that his Anthology of American Folk Music. | Lit Hub Music... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-23 10:30:23 UTC ]
More news stories like this | All news stories tagged with: #bookseller #anthology


Amazon hardware VP Dave Limp set to retire after almost 14 years

Dave Limp, Amazon’s Senior Vice President of Devices and Services, has announced his pending retirement from the company. Limp has been with the company for nearly 14 years and, as his title suggests, oversaw Amazon’s transition into dedicated hardware devices like Kindle e-readers,... Continue reading at Engadget

[ Engadget | 2023-08-15 18:23:15 UTC ]
More news stories like this | All news stories tagged with: #kindle #jeff bezos #revenue streams #buy things #$5 billion #kindle e-readers #title suggests #pending retirement


Lit Hub Daily: August 11, 2023

Jess deCourcy Hinds hopefully predicts a new trend in book publishing: the librarian memoir. | Lit Hub Libraries “It’s like someone hitting you on the side of the head. It’s marvelous.” Former Velvet Underground frontman Lou Reed talks to Allan Jones about making an unlistenable album. | Lit Hub... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-11 10:30:06 UTC ]
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Local newspaper group National World makes ambitious bid for Daily Telegraph

Edinburgh Evening News and Yorkshire Evening Post owner is ‘possible participant’ in sale, despite strike ballot and staff exodusA local newspaper publisher facing a staff exodus and a strike ballot over low pay has announced it is considering a bid for the Daily Telegraph.National World, which... Continue reading at The Guardian

[ The Guardian | 2023-08-10 12:57:44 UTC ]
More news stories like this | All news stories tagged with: #stock market #yorkshire post #low pay #daily telegraph


Galaxy Z Fold 5 review: Five years in, Samsung is treading water

In 2019, Samsung released the original Galaxy Fold, the first phone with a flexible display (not counting pretenders like the Royole Flexpai). And even though it had more than its fair share of flaws, you could see its potential. Over the next couple of years, Samsung refined its flagship... Continue reading at Engadget

[ Engadget | 2023-08-09 14:00:02 UTC ]
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Beyond Book Banning: PEN America Warns of ‘Booklash,’ Self-Censorship

PEN America says it sees book publishing 'at a crossroads' in a new report warning of cancel culture, review-bombing, and book banning. The post Beyond Book Banning: PEN America Warns of ‘Booklash,’ Self-Censorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-07 21:16:27 UTC ]
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New Stephen Hawking children’s book to be published next year

You and the Universe, adapted from his posthumous 2020 Earth Day message, will bring the late physicist’s ‘extraordinary work to life for readers of all ages’A new children’s picture book by Stephen Hawking is due to be published six years after the theoretical physicist’s death.You and the... Continue reading at The Guardian

[ The Guardian | 2023-08-04 12:26:34 UTC ]
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Lit Hub Daily: August 4, 2023

How author Aimie K. Runyan found a new way to approach story for her “reluctant reader” children. | Lit Hub Parenting “My wife was actually kind of freaked out by how happy I was during that time.” Adrian Tomine on the delight of collaborating on the film adaptation of his graphic novel... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-04 10:30:27 UTC ]
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Lit Hub Daily: August 2, 2023

Julie Schumacher on 30 years of correspondence with her late friend, Melissa Bank: “I feel the impulse to write to her when I see the coil of postage stamps on my desk, or when I read a book that I wish she could read.” | Lit Hub Memoir When the Beatles found their voice. | […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-02 10:30:58 UTC ]
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Harry Potter and the Cursed Child marks seven years in West End

Harry Potter and the Cursed Child is marking its seventh anniversary at London’s Palace Theatre Continue reading at BBC News

[ BBC News | 2023-07-30 06:50:32 UTC ]
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Actions of bystanders — including kids — saved 3-year-old from drowning in B.C. lake, police say

Chris Pearson told CBC News he was on his boat in the East Kootenay with his friend Jason when their kids came running over to tell them a little girl was floating in the waters of Wasa Lake. Continue reading at CBC

[ CBC | 2023-07-26 23:27:15 UTC ]
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Binc Launches Business Incubator for BIPOC and LGBTQ Booksellers

Book Industry Charitable Foundation has announced BincTank, a new business incubator offering mentorship and support for booksellers looking to open stores serving historically underrepresented or marginalized communities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #book industry #announced binctank


Binc Launches Business Incubator for BIPOC Booksellers

The Book Industry Charitable Foundation has announced BincTank, a new business incubator offering mentorship and support for BIPOC booksellers. The program will run for three years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
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Longest-running southern California newspaper closes after 168 years

Controversial owner Wendy McCaw has shut down Santa Barbara News-Press, which won Pulitzer prize in 1962The longest-running newspaper in southern California has ceased publication after filing for bankruptcy.The Santa Barbara News-Press has posted its last online edition after ceasing print... Continue reading at The Guardian

[ The Guardian | 2023-07-24 12:36:36 UTC ]
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Exclusive: Mailchimp Owner Intuit Launches Media Network for Small Businesses

Financial services giant Intuit is launching a small business-focused media network, letting advertisers target customers across the web and tapping into a new revenue line, executives exclusively told Adweek. The venture, called SMB MediaLabs, will let advertisers target the customers of... Continue reading at AdWeek

[ AdWeek | 2023-07-24 10:13:48 UTC ]
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Lit Hub Daily: July 18, 2023

“Once I can’t rely on sight to write anymore, will I, like Borges, no longer be quite sure who is writing this page?” Andrew Leland on Jorge Luis Borges’ blindness and his own. | Lit Hub Memoir It’s a banger week for new books, starting with a new Whitehead. | The Hub Alfred J. Naddaff […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-07-18 10:30:16 UTC ]
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Elliott Bay Book Co. Celebrates 50 Years in Seattle

Known for its soaring rafters and walls of staff picks on every flavor, Seattle’s Elliott Bay turned 50 years old this June—just a year after an ownership change. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-14 04:00:00 UTC ]
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Jerusalem’s Educational Bookshop at 39 Years: ‘The Palestinian Point of View’

Jerusalem's Educational Bookshop has focused on Palestinian literature and nonfiction since its first location opened in 1984. The post Jerusalem’s Educational Bookshop at 39 Years: ‘The Palestinian Point of View’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-07-11 18:34:49 UTC ]
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Catch Up on Your Mid-Year Reading Goals with These 8 New Manga Releases for July 2023

The manga new releases out July 2023 include a sweet high school romance, adventures at magic school, a body swap horror story, and lots more! Continue reading at Book Riot

[ Book Riot | 2023-07-06 10:33:00 UTC ]
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End-of-Year Celebrations That Rock

With the school year winding down, we spoke with three educators about how they help their students look back on what they've learned—and forward to a summer of possibilities—with special end-of-year celebrations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-26 04:00:00 UTC ]
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