Digital Nears a Third of New York Times Ad Revenue

The New York Times Co. posted second-quarter profit that topped analysts' estimates after the publisher cut expenses faster than revenue declined.Earnings excluding some items were 13 cents a share, the New York-based company said in a statement. That compares with the 11-cent average of estimates compiled by Bloomberg. Revenue, down 1.5% to $382.9 million, fell short of the $383.3 million average projection.Digital comprised 32.5% of total ad revenue at the company, up from 26.9%, as digital ad revenue rose 14.2% to $48.3 million. Print ad revenue losses again overwhelmed the digital gains, however, falling 12.8% for an overall advertising drop of 5.5%. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-08-06 00:00:00 UTC ]
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US Book Publishing Revenues in 2022 Were $28 Billion: AAP StatShot

Still 8.6 percent above 2019's total revenues, the US market in 2022 was 2.6 percent below 2021's revenue level, the AAP reports. The post US Book Publishing Revenues in 2022 Were $28 Billion: AAP StatShot appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-05-31 20:54:37 UTC ]
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International Booker Prize Winners on Nostalgia, Translation, and 'Time Shelter'

'Time Shelter,' written by Georgi Gospodinov and translated by Angela Rodel, is the first Bulgarian-language novel to win the prestigious International Booker Prize. The duo spoke with PW about the significance of the award, especially now. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-26 04:00:00 UTC ]
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How to watch LeVar Burton at the L.A. Times Book Club

On May 24, actor and author LeVar Burton discusses the State of Banned Books with Times readers in Los Angeles. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-05-24 20:15:39 UTC ]
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Kraft increases investment in its digital media mix with a focus on nostalgia and millennial parents

In addition to preparing television and sponsored ads, Kraft has also taken an interest in digital OOH and social media displays to account for how consumer shopping habits have changed. Continue reading at Digiday

[ Digiday | 2023-05-22 04:01:00 UTC ]
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New Books Find Voices of Faith in Fraught Times

Religion publishers address many of the most challenging social issues facing a polarized nation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-19 04:00:00 UTC ]
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Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News

[ ABC News | 2023-05-15 11:47:06 UTC ]
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Live from New York, It’s the U.S. Book Show!

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[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
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VIZ Manga subscription service releases English chapters the same time Japan gets them

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[ Engadget | 2023-05-09 04:57:23 UTC ]
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AAP Meeting Looks at Publishing During a 'Dicey Time'

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[ Publishers Weekly | 2023-05-09 04:00:00 UTC ]
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Oxford University Press Is Leaving Its New York Offices

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[ Publishers Weekly | 2023-05-05 04:00:00 UTC ]
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Thrillfest Returns to New York City

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[ Publishers Weekly | 2023-05-05 04:00:00 UTC ]
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This Alaska bookstore in Sarah Palin’s hometown isn’t backing down about its drag story time.

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[ Literrary Hub | 2023-05-04 15:21:17 UTC ]
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Condé Nast Unveils Expanded Digital Video Slate During NewFronts

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[ AdWeek | 2023-05-04 14:15:00 UTC ]
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Teachers Union Protests Outside Literacy Partners Gala in New York City

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[ Publishers Weekly | 2023-05-02 04:00:00 UTC ]
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Jenny Odell on Timing Our Lives in Rhythm With the Earth

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[ Literrary Hub | 2023-05-01 08:52:55 UTC ]
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The Most Influential Manga of All Time

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[ Book Riot | 2023-04-26 10:32:00 UTC ]
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Freedom to Read Supporters Say It's Time to Get Louder

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[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
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Los Angeles Times Book Prizes Winners Announced

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[ Los Angeles Times | 2023-04-22 04:49:44 UTC ]
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The National Enquirer Unveils Its First-Ever Digital Advertising Strategy

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[ AdWeek | 2023-04-20 11:59:40 UTC ]
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Live from New York: Curtis Sittenfeld on Dating Up, Writing Funny, and How SNL and the Iowa Writers’ Workshop Are Alike

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[ Literrary Hub | 2023-04-20 08:53:29 UTC ]
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