Economist nears the limit of an old growth theory

Editor John Micklethwait departs on a high. But print circulation may never be so high - nor fortunes quite so serene – againYou used to judge successful editors by a simple test. How many copies did they sell on day one, and how many on their last day in the chair? Plus, of course, parallel profit-and-loss figures. Today, the swirl of digital change makes everything more difficult. But put John Micklethwait’s nine years on top of the Economist to the ancestral test.In 2006, when he took over, the Economist had a circulation of 1.1m and operating profit of £28m. This month, as his successor – Zanny Minton Beddoes, the magazine’s brilliant business affairs editor – picks up the baton, the figure is 1.6m, with an operating profit of £59m. Micklethwait – heading now to New York as editorial boss of Bloomberg News – isn’t the only Economist editor to leave on a high. To the contrary, the build has been steady, and remarkable, for decades: a true British triumph of judgment and style. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-01-25 00:00:00 UTC ]
News tagged with: #print circulation #operating profit #bloomberg news

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Pottermore returns to growth

Pottermore, the digital content company for J K Rowling's Harry Potter books, returned to growth in its last financial year as the firm’s decision to make its ebooks and audiobooks available via Amazon, Apple, Audible and others “really paid off”. Continue reading at The Bookseller

[ The Bookseller | 2016-11-23 00:00:00 UTC ]
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NASA demonstrates EM Drive theory, but don't get too excited

A fuel-free engine is the stuff of science fiction for now, but scientists at NASA Eagleworks have published a peer-reviewed paper that suggests the ideas behind an EM Drive are worth testing further. Researchers at Eagleworks, a small NASA team task... Continue reading at Engadget

[ Engadget | 2016-11-22 00:00:00 UTC ]
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Shanghai Children's Fair Sees Fast Growth

The number of exhibitors at this year's Shanghai International Book Fair almost doubled over 2015 as organizers strive to make the event Asia's Bologna Book Fair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
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The new programmatic arsenal: How Turner, The Economist are beefing up their approach

Premium publishers and broadcasters are acknowledging programmatic as a key component of their digital ad strategies. In order to take control back from the demand side in today’s programmatic landscape, they’re stockpiling some tools in their programmatic arsenals—tools like automated... Continue reading at Digiday

[ Digiday | 2016-10-28 00:00:00 UTC ]
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NBC Universal Nearing Another $200M Investment in BuzzFeed

NBC Universal is nearing a deal to make a second $200 million investment in BuzzFeed, doubling its bet on the fast-growing digital publisher as the TV giant tries to reach younger audiences online, according to a person familiar with the matter.NBC's latest investment would value BuzzFeed at... Continue reading at Advertising Age

[ Advertising Age | 2016-10-22 00:00:00 UTC ]
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The Sun’s Facebook chatbot drove nearly half users back to its site

The Sun has been experimenting with a Facebook Messenger chatbot for a month, pushing football content. During this time, it published 263 notifications. The frequency increased as the transfer window deadline loomed. On this one day, 43 percent of the subscribers (who number in the low... Continue reading at Digiday

[ Digiday | 2016-09-14 00:00:00 UTC ]
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China ‘delivering sales growth’ for UK publishers

UK publishers said the demand for rights from Chinese publishers at BIBF “far exceeded expectations”, with children’s and illustrated books particularly in demand. Continue reading at The Bookseller

[ The Bookseller | 2016-09-02 00:00:00 UTC ]
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How To Sell Nearly a Half-Million Copies of a Poetry Bookts Sweet Spot with ‘Milk and Honey’

Rupi Kaur's book of poetry, 'Milk and Honey,' has sold nearly a half million print copies. How did that happen? Her publisher, Andrews McMeel, is just following "where the audience goes." Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Global Publishing Leaders 2016: Kabushiki-gaisha Kōdansha (Kodansha Limited)

Kodansha was founded by Seiji Noma in 1909 as a spin-off of the Dai-Nippon Yūbenkai (Greater Japan Oratorical Society). Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Beijing Book Fair 2016: Positive Vibes and Surprising Growth

The 23rd edition of the Beijing International Book Fair (BIBF) kicked off on Wednesday with more than 300,000 titles on display, 1,379 overseas exhibitors, and 16 Central Eastern European countries as guests of honor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-24 00:00:00 UTC ]
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Parragon plans US growth push

Bath-based Parragon plans to “grow significantly” in the next five years, including boosting its business in the US, with a new American publishing team starting up next month. Continue reading at The Bookseller

[ The Bookseller | 2016-08-15 00:00:00 UTC ]
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Bonnier Publishing in US growth push

Bonnier Publishing is launching a new US division, Bonnier Publishing USA, as part of "an ambitious programme for growth" in the territory lead by group c.e.o Richard Johnson. Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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Kortext hires new recruits to drive international growth

UK digital textbook platform Kortext has made two new senior appointments and is doubling the size of its development team in anticipation of "three-four times year-on-year growth" through international expansion. Continue reading at The Bookseller

[ The Bookseller | 2016-08-10 00:00:00 UTC ]
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‘We were wasting time churning out tweets’: The Economist guide to quality over quantity

The Economist has spent a year finessing its social media team, growing its writers from two to 10, mostly based in the U.K. Last year, for each article published, 15 separate tweets were written, now it’s more like three. The publisher has taken resource away from its posting to its lesser... Continue reading at Digiday

[ Digiday | 2016-07-27 00:00:00 UTC ]
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Quartz Said to Near $30 Million in Revenue, Without Clickbait or Standard Ad Units

Many digital media businesses chase readers on the largest scale possible, all the better to attract advertisers that want to spread their messages widely. But big reach comes at a cost -- in quality, in resources -- that isn't always justified by the ad rates online.Unfortunately the niche game... Continue reading at Advertising Age

[ Advertising Age | 2016-07-15 00:00:00 UTC ]
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Did Matayoshi ‘Spark’ Japan’s Growth in Book Sales?

Figures show 2015 book sales in Japan pulling ahead 'slightly' by comparison to magazine sales. One runaway bestseller might deserve as much credit as softer sales in the fashion media. The post Did Matayoshi ‘Spark’ Japan’s Growth in Book Sales? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-07-12 00:00:00 UTC ]
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After Steady Growth, Digital Comics Sales Decline in 2015

After six straight years of growth, North American digital comics sales dropped 10% in 2015, to $90 million. The decline, documented in a new report issued by the pop culture trade news site ICv2, mirrors a similar decline in the sales of prose ebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-12 00:00:00 UTC ]
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Nearly 400 Publishers Have Applied for Medium's Plan to Help Them Make Money

In early April, Medium, the platform founded by Ev Williams, made a pitch to the publishing community: come to Medium, and we'll help you make money. There's not a publisher these days that isn't looking for new revenue streams, so it's not surprising that nearly 400 publishers have applied to... Continue reading at Advertising Age

[ Advertising Age | 2016-06-24 00:00:00 UTC ]
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News Magazines Resist Print Declines; Digital Editions Show Growth

Pew Research Center reports print circulation fell an average of just two percent last year for 14 of the largest news magazines. The post News Magazines Resist Print Declines; Digital Editions Show Growth appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-15 00:00:00 UTC ]
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A Better Way to Limit Mass Shooting Carnage

This article was first published by the Trace, a nonprofit news organization that covers gun violence in America. You can sign up for its newsletter here, or follow its reporting on Facebook or Twitter. Continue reading at Slate

[ Slate | 2016-06-14 00:00:00 UTC ]
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