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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A Year of Giving Away Banned Books in Florida

Florida is one the most diverse and fastest growing states in the United States. It is also, tragically, the epicenter of book banning in America. Thousands of books have been banned from public schools and libraries in an attempt to silence dissenting voices that explore the experiences of... Continue reading at Electric Literature

[ Electric Literature | 2024-11-13 12:05:00 UTC ]
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Lit Hub Daily: November 13, 2024

“My personality is more indebted to The Simpsons than any other book or movie or album or show or art thing.” Meet the 2024 National Book Award finalists while they answer some of our quick questions. | Lit Hub In Conversation Mirza Waheed explains why he’s boycotting a screening of a film... Continue reading at Literrary Hub

[ Literrary Hub | 2024-11-13 11:30:55 UTC ]
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The UK’s Sustainability Industry Forum Evaluates Its First Two Years

The Independent Publishers Guild is one of seven associations collaborating on sustainability efforts in the book business. The post The UK’s Sustainability Industry Forum Evaluates Its First Two Years appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-11-12 15:25:00 UTC ]
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Lit Hub Daily: November 8, 2024

Jaydra Johnson on the intersections of literature, classism, and what it means to be called white trash. | Lit Hub Memoir “It’s hard to know how a film as perverse as this could have ended satisfyingly in a way that keeps faith with its themes.” Tim Robey remembers Babe: Pig In the City, the... Continue reading at Literrary Hub

[ Literrary Hub | 2024-11-08 11:30:51 UTC ]
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Mike Shatzkin, Popular Book Business Consultant, Dies at 77

Never shy about expressing his opinions, Shatzkin was a favorite of the publishing media, and on his long-running blog, the 'Shatzkin Files,' he regularly offered his opinions on the state of publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-08 05:00:00 UTC ]
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Here’s how the American press can survive four years of Trump | Margaret Sullivan

The media will be under siege, but former Washington Post editor Marty Baron has some ideas for what journalists can doEverything we know about the next US president suggests that the press in America will be under siege in the next four years as never before.After all, Donald Trump has... Continue reading at The Guardian

[ The Guardian | 2024-11-07 17:33:15 UTC ]
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Lit Hub Daily: November 7, 2024

“To be a mother was what a girl wanted then, and I did not.” Honor Moore on motherhood as a choice, not a destiny. | Lit Hub Memoir Dai George explains how Dylan Thomas made “the avant-garde sexy and immersive like no one else.” | Lit Hub Criticism Is protest a form of creative expression? […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-11-07 11:30:55 UTC ]
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ABA CEO Warns of New Challenges Post-Election

In a letter to members following the 2024 election, American Booksellers Association CEO Allison Hill voiced concerns about the future of the government's lawsuit against Amazon and the possibility of “new unconstitutional legislation and book bans” under a second Trump administration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-07 05:00:00 UTC ]
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B&N on Track to Open 60 Bookstores This Year

The book retailer plans to open 12 new stores in November as part of its goal of opening 60 outlets this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-06 05:00:00 UTC ]
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EveryLibrary Warns that U.S. Election Results Mean More Uncertainty for Libraries

The last few years have been difficult for libraries and librarians. And with last night’s election results, the future for the profession just got a lot murkier, according to the customary election night wrap-up from nonpartisan library political action committee EveryLibrary. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-06 05:00:00 UTC ]
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Amazon reportedly bumped back its AI-powered Alexa to next year

If you’re wondering what happened to Amazon’s new and improved version of its Alexa voice assistant, you’re not alone. Bloomberg reports that the new Alexa is still stuck in its developmental phase and Amazon has cut off access to its beta phase including its new “Let’s Chat” phase. As a result,... Continue reading at Engadget

[ Engadget | 2024-11-01 21:50:42 UTC ]
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‘One Hundred Years of Solitude’ Book Club Conversation Space: Main Discussion

Discuss our November book club selection, “One Hundred Years of Solitude,” by Gabriel García Márquez, with the Book Review. Continue reading at The New York Times

[ The New York Times | 2024-11-01 18:49:03 UTC ]
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‘One Hundred Years of Solitude’ Book Club Conversation Space: Spoiler Chat

Want to discuss spoilers related to our November book club selection, “One Hundred Years of Solitude,” by Gabriel García Márquez? Post them here. Continue reading at The New York Times

[ The New York Times | 2024-11-01 15:16:26 UTC ]
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10,000 Years of Spirituality in America

Thomas Tweed’s sweeping ‘Religion in the Lands That Became America: From the Ice Age to the Information Age’ explores the history of religious beliefs in North America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-01 05:00:00 UTC ]
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A New History Spans 10,000 Years of Faith in America

Thomas Tweed’s sweeping ‘Religion in the Lands That Became America: From the Ice Age to the Information Age’ explores 10,000 years of faith in North America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-01 05:00:00 UTC ]
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New Jersey’s largest paper ends daily print editions but will continue online

Star-Ledger’s owner said decision was due to rising costs, decreasing circulation and reduced demand for print copiesThe owner of New Jersey’s largest newspaper says it will stop publishing a daily print version of the paper early next year, but its online version will continue.The Newark... Continue reading at The Guardian

[ The Guardian | 2024-10-31 01:54:30 UTC ]
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25 Books for 25 Years of NYRB Classics

In honor of the 25th anniversary of New York Review Books Classics, we've selected 25 gems that the publisher has unearthed during its quarter century on earth—plus one from this year, for good measure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-29 04:00:00 UTC ]
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Brazilian Publishers: Upbeat on Business at Frankfurter Buchmesse

Market activity and overall reception were up at Frankfurter Buchmesse 2024, according to Brazilian publishers who made the trip. The post Brazilian Publishers: Upbeat on Business at Frankfurter Buchmesse appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-10-28 07:41:14 UTC ]
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Lit Hub Daily: October 22, 2024

“What I felt was the persistent, undefinable numbness that eventually overtakes you and won’t let go.” André Aciman on struggling to find his place in Rome. | Lit Hub Memoir “The literary mind cannot be isolationist.” Read Elif Shafak’s speech from the Opening Ceremony of the Frankfurt Book... Continue reading at Literrary Hub

[ Literrary Hub | 2024-10-22 10:30:20 UTC ]
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Publishers Celebrate 25 and 50 Years as Frankfurt Exhibitors

More exhibitor milestones were celebrated at the 2024 Frankfurt Book Fair with cake deliveries from book fair staff. The post Publishers Celebrate 25 and 50 Years as Frankfurt Exhibitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-10-18 14:59:25 UTC ]
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