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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What Counts as an Online Ad View? A Standard Is Nearing, but the Fight's Not Over

Just as major advertising players finally seemed close to defining what should count as a billable ad impression online, a few blistering comments from AmEx show that the industry might be farther from consensus than many had hoped. Rachel Herskovitz, global media manager at American Express,... Continue reading at AdWeek

[ AdWeek | 2015-02-27 00:00:00 UTC ]
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Limited edition Knausgaard for Waterstones

Waterstones is to sell a special limited-edition run of Karl Ove Knausgaard’s forthcoming novel, Dancing in the Dark (Harvill Secker). The book, the fourth instalment in Knausgaard’s My Struggle series, will also be promoted with national press adverts, a targeted online pre-order ad campaign,... Continue reading at The Bookseller

[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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‘Fifty Shades’ Nears Big Premiere

With the big-screen adaptation of the first book in E.L. James’s trilogy set to hit theaters on Valentine’s Day, PW has a few key numbers on the Vintage movie tie-in, the book, the trilogy, and the forthcoming film. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-06 00:00:00 UTC ]
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Revisiting the Long Tail Theory as Applied to Ebooks

The myth of the Long Tail for ebooks may be fading away as the digital book market grows, and it is operated by few mega e-retailers, argues Marcello Vena. The post Revisiting the Long Tail Theory as Applied to Ebooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-01-08 00:00:00 UTC ]
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Facebook trumpets video growth as it prepares to take on YouTube

With 1bn views a day, the social network says that its users are now seeing nearly four times more videos in their news feeds than a year agoYouTube may be the king of online video with more than one billion monthly viewers, but Facebook is aiming to knock Google’s service off its perch in... Continue reading at The Guardian

[ The Guardian | 2015-01-08 00:00:00 UTC ]
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How Japan’s Kinokuniya Innovates, Fosters Growth

Japanese bookseller Kinokuniya has implemented several innovative strategies to fight declining domestic sales, while still expanding at home and abroad. The post How Japan’s Kinokuniya Innovates, Fosters Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-12-15 00:00:00 UTC ]
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Growth for UK's Small Business Saturday

Awareness of Small Business Saturday (SBS) in the UK is growing, with an extra £36m spent in small shops last weekend. The initiative, which encouraged people to shop in their local businesses last Saturday (6th December), is in its second year, but has already seen a marked increase in... Continue reading at The Bookseller

[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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News Corp Sees More Growth for HarperCollins

Robert Thomson, CEO of HarperCollins parent company News Corp, told analysts News could make another purchase in the book industry following its purchase of Harlequin. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-10 00:00:00 UTC ]
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New York Times Deadline for 100 Buyouts Nears

A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.The company has said there will be forced cuts if 100 jobs can't be eliminated through voluntary buyouts.Like many newspapers, the Times is... Continue reading at Advertising Age

[ Advertising Age | 2014-12-02 00:00:00 UTC ]
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Integrating Libraries and Bookstores: In Theory

Deborah Emin, publisher of Sullivan Street Press, offers a theoretical plan for saving bookstores and making libraries more robust. The post Integrating Libraries and Bookstores: In Theory appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-12-02 00:00:00 UTC ]
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Indies First: What's happening at a bookstore near you?

Indies First, in which authors appear at independent bookstores and sometimes work as booksellers, will be happening again this year on Small Business Saturday. Take a look at who's signed up. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-11-25 00:00:00 UTC ]
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Near Miss for Algeria’s Kamel Daoud for Goncourt

Unexpectedly, Algerian writer Kamel Daoud's powerful novelistic homage to Camus nearly took France's top literary prize. The post Near Miss for Algeria’s Kamel Daoud for Goncourt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-07 00:00:00 UTC ]
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AP Sees Expanded Coverage, Growth Ahead

The Associated Press will continue its efforts to retain U.S. newspaper publishers next year, adding an intermediate service level and a “shared news desk” for increased state coverage, says President and CEO Gary Pruitt.   E ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-11-04 00:00:00 UTC ]
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Children's fuels 2014 growth in US

YA/children's books are fuelling ebook growth in the US, according to new figures from the Association of American Publishers (AAP). New figures released by the group covering January to July 2014, show that the ebook revenue grew 7.5% compared to the same period in 2013. This was driven... Continue reading at The Bookseller

[ The Bookseller | 2014-10-29 00:00:00 UTC ]
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Gardners reports turnover up nearly 10%

Gardners boosted turnover by 9.7% last year and has revealed it plans to expand in the near future. The wholesaler’s annual results to the year ending 28th February 2014 were filed on Companies House this morning (23rd October) and revealed that turnover was up by 9.7% to £208.9m, up from... Continue reading at The Bookseller

[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Speedy growth for Macmillan's Open Research

In the 10 months since its creation as an independent business unit, there has been “enormous” growth at the Open Research arm of Macmillan Science & Education’s Nature Publishing Group and Palgrave Macmillan, its m.d. Sam Burridge (pictured) has said. Continue reading at The Bookseller

[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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At SCIBA, Teicher Says Booksellers Nowhere Near 'Endangered'

For anyone worried that independent bookstores are struggling, the upbeat mood at the Southern California Independent Booksellers Association show painted a reassuring and hopeful picture. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
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Subscriptions will help drive digital growth, says FutureBook Survey

E-books are continuing to provide the strongest growth in digital, according to early results of the FutureBook Digital Census, with a majority of respondents expecting the subscriptions model to become the most viable new model to emerge in the marketplace. So far more than 1,000 respondents... Continue reading at The Bookseller

[ The Bookseller | 2014-10-17 00:00:00 UTC ]
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Frankfurt Book Fair 2014: Nielsen: E-books Growth Continues in U.S. and U.K.

E-book sales continue to grow in both the U.S. and U.K., but to varying degrees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
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Religion Update Fall 2014: Mormon Studies Sees Steady Growth

Oxford has emerged as the major player in Mormon studies and has been releasing several titles a year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
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