Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results meeting. The publisher tripled its profits to $84m in the half-year to December 2016 compared to the same period last financial year.“While we have considered many options, the model we have developed involves continuing to print our publications daily for some years yet,” Hywood said. “This is the best commercial outcome for shareholders based on current advertising and subscription trends.” Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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Stressing ‘an African Sensibility,’ Etisalat Prize Announces Shortlist

The top prize in this pan-African, award program for debut authors includes the Etisalat Fellowship at the University of East Anglia. The post Stressing ‘an African Sensibility,’ Etisalat Prize Announces Shortlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-12 00:00:00 UTC ]
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Facebook hires former news anchor to help its relationships with media outlets

Facebook has hired former NBC and CNN anchor Campbell Brown to help with its ties to news outlets, which has been a point of friction. Brown will be the Menlo Park company’s head of news partnerships, she wrote in a Facebook post on Friday. “I will be working directly with our partners to help... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-01-07 00:00:00 UTC ]
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Citing a Surge in Subscriptions, The Atlantic Prints Second Run of Jan/Feb Issue

On newsstands and in mailboxes, the 160-year-old magazine continues to defy industry trends. The post Citing a Surge in Subscriptions, The Atlantic Prints Second Run of Jan/Feb Issue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-07 00:00:00 UTC ]
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Costa Book Awards’ Category Winners Contend for Book of the Year

Ireland's Sebastian Barry, already a two-time Costa winner, may be on track again for the program's Book of the Year at the end of the month. The post Costa Book Awards’ Category Winners Contend for Book of the Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-06 00:00:00 UTC ]
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The Top 10 Print Book and Amazon Kindle Bestsellers of 2016

The new Harry Potter book was by far the bestselling print title of 2016, and 'The Girl On the Train' was a major print and ebook bestseller for the second year in a row. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-06 00:00:00 UTC ]
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Print Book Sales Rose Again in 2016

Unit sales of print books rose 3.3% in 2016 over the previous year, making it the third-straight year of print growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-06 00:00:00 UTC ]
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W H Smith to invest £48m this year

W H Smith will invest £48m in stores this year as the business marks its 225th anniversary, its c.e.o. Steve Clarke has said. Continue reading at The Bookseller

[ The Bookseller | 2017-01-06 00:00:00 UTC ]
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In Media and Tech, M&A Activity Held Steady in 2016

Tech, trade shows, and digital media drove the majority of deals, while magazine publishers had a relatively quiet year. The post In Media and Tech, M&A Activity Held Steady in 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-06 00:00:00 UTC ]
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A year in review: Rowling, Wicks and Hawkins help TCM maintain growth

A second year of growth through the TCM saw the print market end 2016 in its best shape since 2010. Continue reading at The Bookseller

[ The Bookseller | 2017-01-06 00:00:00 UTC ]
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Independent Booksellers End Year on High Note

Independent booksellers overcame an election-year slump in November and the lack of a must-have title to finish the year flat or slightly up. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-06 00:00:00 UTC ]
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Print market posts 7% increase for 2016 as Wicks tops chart

The print market sold 195 million books for £1.59bn in 2016, a 7% boost in volume over the last 12 months and a 4.5% jump in volume. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Mary Pachnos retires after 20 years with Aitken Alexander

Mary Pachnos, who has worked with Aitken Alexander Associates for the last 20 years, has retired. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Profits Rose by Double Digits at HBG

In a letter to employees, HBG CEO Michael Pietsch said that excluding Perseus, profits rose 25%. The increase was higher when Perseus is included. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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Penske Media Corporation Buys Into Robb Report

Publisher of Variety, WWD partners with Rockbridge Growth Equity to share digital expertise. The post Penske Media Corporation Buys Into Robb Report appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-04 00:00:00 UTC ]
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Hoopla Touts Growth, Announces New Partners

For digital library platform Hoopla Digital, 2016 was a very a good year—and 2017 looks to be off to a strong start. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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The Winners and Losers in Magazine Media: 2016

The Modern Magazinist delivers his year-in-review. The post The Winners and Losers in Magazine Media: 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-03 00:00:00 UTC ]
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2016's top page-turners: the year's best books as voted for by you

With the winners announced earlier this month, Good Reads' Best Books of 2016 saw nearly 240,000 readers from around the world vote for their favourite books published this year. Continue reading at Stuff

[ Stuff | 2016-12-31 00:00:00 UTC ]
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Beevor knighted in New Year's Honours

Historian Antony Beevor has been knighted in the New Year's Honours list, and former Penguin UK m.d. Helen Fraser has been made a Dame. Beevor's honour was awarded "for services in support of Armed Forces Professional Development". while Fraser's is for services to Education, relating to her... Continue reading at The Bookseller

[ The Bookseller | 2016-12-31 00:00:00 UTC ]
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