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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Scholastic to Integrate School Book Fairs, Clubs Businesses

The new integrated school reading events business will be launched by June under the direction of Sasha Quinton, who has been president of Scholastic Book Fairs. Judy Newman, president of Scholastic Book Clubs, has been named Scholastic’s first chief impact officer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-03 04:00:00 UTC ]
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British Book Awards: Trade and ‘Book of the Year’ Shortlists

The British Book Awards contenders for Book Trade and Book of the Year are announced, with the shortlists consisting of 29 categories. The post British Book Awards: Trade and ‘Book of the Year’ Shortlists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-21 15:55:40 UTC ]
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Celebrating Five Years of Transformational Stories: Close-Up on Rick Riordan Presents

Author and publisher Rick Riordan reflects on half a decade of exceptional storytelling. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
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Lit Hub Daily: March 16, 2023

Alexa Hagerty decodes the messages of trauma written in the skeletons of Argentina’s death flights victims. | Lit Hub History “Just when you think you’re about to get a thick and steamy anthology of what women want, we find the same censorship and control at play.” Is Gillian Anderson’s new... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-16 10:30:52 UTC ]
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Tom Benn Wins England’s Young Writer of the Year Award

The £10,000 Young Writer of the Year award from the UK's Sunday Times goes to Tom Benn for his fourth novel, 'Oxblood.' The post Tom Benn Wins England’s Young Writer of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-15 17:35:58 UTC ]
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Lit Hub Daily: March 15, 2023

A more interesting autofiction: DK Nnuro examines how Black writers are “appropriating” their way into a literary movement. | Lit Hub Criticism Is the “first job” memoir dead? Bryony Lau makes the case for new narratives of work. | Lit Hub Criticism “If Don Draper is a metaphor for white... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-15 10:30:59 UTC ]
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Library minds own business as anti-gay pedophile self-destructs—some thoughts.

A man so upset by the Pride programming at his local libraries that he felt moved to graffiti “GROOMERS” onto the windows has been charged with possession of child pornography, the Washington Post reports. The man, Charles M. Sutherland, vandalized two branches in Maryland’s Prince George’s... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-14 15:13:40 UTC ]
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The National | Health-care fees, Transit woes, Inside Pearson airport

March 10, 2023 | Ottawa warns charging patients for medically necessary services could cost provinces. Plus, an inside look at Canada’s busiest airport. Continue reading at CBC

[ CBC | 2023-03-11 02:00:00 UTC ]
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Last Year's Sci-Fi Was More Genre-Bending Than Ever

Want a glimpse into the future of SFF? We look at some of the weird and wonderful standouts from The Best American Science Fiction and Fantasy 2022. Continue reading at Wired

[ Wired | 2023-03-10 17:00:00 UTC ]
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Wattpad Builds a Book Business

A lot has happened since Wattpad announced in January 2019 that it was starting a print publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-10 05:00:00 UTC ]
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Little Atlantic puffin rescued on busy N.B. roadway

A lost Atlantic puffin found itself in a bit of a bind after crashing down onto a busy New Brunswick street, far from where the seabirds are supposed to be found this time of year. Continue reading at CBC

[ CBC | 2023-03-04 11:00:00 UTC ]
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Haruki Murakami’s first novel in six years will be published this spring.

It’s true: a new Haruki Murakami novel—his first since 2017’s Killing Commendatore—will be published on April 13th . . . but only in Japan. Sorry to tease you, English-speaking readers! Still, not to fret: I’m sure this means that translations are forthcoming. In the meantime, here’s everything... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-02 15:32:49 UTC ]
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Lit Hub Daily: March 2, 2023

Carolyn Forche remembers the late, great poet Charles Simic. | Lit Hub Nerds, jocks, and a secret society: Will Schwalbe recalls the start of an unlikely friendship at Yale. | Lit Hub Memoir Bruce Krajewski unpacks the criticism of Erich Maria Remarque’s All Quiet on the Western Front and its... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-02 11:30:14 UTC ]
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Continental Sales Inc. Marks 25 Years

Completing its 25th year, the Barrington, Ill. rep group employs 25 reps and account managers throughout the U.S., and offers clients access to 101 gift and specialty market sales reps for sideline buys. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-02 05:00:00 UTC ]
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Science Fiction Tried to Warn Us about AI. Or Did It?, by Tom Gammarino

Science Fiction Tried to Warn Us about AI. Or Did It?, by Tom Gammarino Essay [email protected] Wed, 03/01/2023 - 03:46 Photo by NASA / Unsplash “All our AI Frankenstein stories,” the author writes, “warn us that AI will destroy us, but far... Continue reading at World Literature Today

[ World Literature Today | 2023-03-01 09:46:57 UTC ]
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Face to Face: Why Houston was key to building ad tech business Direct Digital Holdings

The founders of this Houston digital media company focus on an underserved market. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-02-27 20:46:59 UTC ]
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Roald Dahl collection to be published in original form later this year

Publisher Penguin Random House announced Friday it will publish "classic" versions of Roald Dahl's children's novels after it received criticism for cuts and rewrites that were intended to make the books suitable for modern readers. Continue reading at CBC

[ CBC | 2023-02-24 14:35:12 UTC ]
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Wi2023: This Year's Winter Institute Had Something for Everyone

Winter Institute 2023, held in Seattle, was the American Booksellers Association's largest ever, and the first in person since 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-24 05:00:00 UTC ]
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After 66 Years, 'How The Grinch Stole Christmas' Gets A Sequel

“How the Grinch Lost Christmas!” is not based on a Dr. Seuss manuscript, but was written and illustrated by an author and artist with previous experience with his work Continue reading at HuffPost

[ HuffPost | 2023-02-23 18:03:49 UTC ]
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