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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Grief and Celebration: On the Traumatic Histories and Beauty of Growth in Soil

Emergence Magazine is an online publication with annual print edition exploring the threads connecting ecology, culture, and spirituality. As we experience the desecration of our lands and waters, the extinguishing of species, and a loss of sacred connection to the Earth, we look to emerging... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-24 09:58:59 UTC ]
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Recurrent Ventures’ Refurbished Outdoor Titles See 70% Audience Growth

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Loyola Relocates, Gears Up for Digital Growth

Catholic publisher Loyola moves its Chicago offices closer to O’Hare International Airport as it beefs up its audio, video, and other multimedia product offerings. Continue reading at Publishers Weekly

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Don Winslow Crushes GOP’s Favorite Conspiracy Theory With Trump’s Own Words

The bestselling author spots a big flaw in a right-wing conspiracy theory about the Jan. 6 attack on the U.S. Capitol. Continue reading at The Huffington Post

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Beagley joins Vertebrate as indie celebrates 'stellar' growth

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Welbeck on course for 'fantastic growth' says Leaver

The Welbeck Publishing Group is "on course to significantly surpass" its 2021 revenue in 2022 following a dip in turnover partly owing to the pandemic. Continue reading at The Bookseller

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How did Natalie Wood die? Forty years later, her sister offers theories in a new book.

Lana Wood’s “Little Sister” offers circumstantial evidence that Natalie’s death might not have been an accident. Continue reading at The Washington Post

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The Nobel Laureate Wole Soyinka Discusses His First Novel in Nearly Fifty Years

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Search Press owners look to future growth with spate of plans

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Amazon Growth Slows, Costs Jump

Amazon has seen huge gains in sales and profits since the pandemic began, but growth in the third quarter was a modest 15%. The company is spending billions to cope with supply chain issues and labor shortages. Continue reading at Publishers Weekly

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Pearson joins DK as Brown leaves after nearly 24 years

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Small minds: why a growth mindset is anathema to solving the climate crisis

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Get 'Mastering Python for Networking and Security -- Second Edition' ($27.99 value) FREE for a limited time

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'At long last, Idunit!' Wole Soyinka on his first novel in nearly 50 years

The Nigerian writer, the first sub-Saharan winner of the Nobel Prize, discusses 'Chronicles from the Land of the Happiest People on Earth.' Continue reading at Los Angeles Times

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Hitting the Books: A look at the 1920s airship that nearly made it to the North Pole

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S.J. Perelman was a master of comedy. Nearly a century later, his work still delivers laughs.

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Hodder snaps up Dylan’s ‘compulsive’ near-future SF novel

Hodder & Stoughton has acquired Mindwalker, a "compulsively page-turning" science fiction novel from Kate Dylan.  Continue reading at The Bookseller

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With Another Big Year, HarperCollins Sales Near $2 Billion

Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly

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The Novelry reveals expansion plans after 'massive growth' in pandemic

Online writing school The Novelry has announced a series of expansions, including newly recruited PRH editors, plans to set up a US branch, outreach programmes and its latest partnership with Madeline Milburn Literary, TV and Film agency.   Continue reading at The Bookseller

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The NBF Plans Limited In-Person National Book Awards Ceremony

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