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 ]
News tagged with: #daily newspapers #financial year

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Facebook, Google, consolidation: What drove media deals in 2016

Media ownership is being overhauled as companies try to figure out their place in a world where 85 percent of digital dollars are going to two companies: Facebook and Google. The platform giants' dominance were factors in AT&T's $85 billion bid for Time Warner and other mega deals that were... Continue reading at Digiday

[ Digiday | 2016-12-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post facebook #digital dollars #platform giants #time warner


Honest Few turns your social media posts into money for books

With ebook libraries, Amazon Prime Reading and the plethora of online services available putting free publications in your various devices, it's a wonder that people still pay any money for books anymore. But a new website called Honest Few is found... Continue reading at Engadget

[ Engadget | 2016-12-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books anymore #online services


Poetry School names its Books of the Year

Melissa Lee-Houghton's Costa Award shortlisted collection Sunshine (Penned in the Margins) has been named one of The Poetry School's 2016 Books of the Year, alongside four titles each from Picador and Sheffield-based publisher and writer development agency The Poetry Business. Continue reading at The Bookseller

[ The Bookseller | 2016-12-23 00:00:00 UTC ]
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Media Execs On Their Biggest Wins of 2016

As magazine media continues to change and leaders in the field wrangle emerging technologies, there were several major wins this year. The post Media Execs On Their Biggest Wins of 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-23 00:00:00 UTC ]
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The year in new platform features and tweaks, ranked

It was a busy year for digital media companies. New features like Facebook Live and Instagram Stories introduced publishers to new content formats and the potential to reach massive audiences. On the flip side, platforms’ priorities constantly seemed to be shifting, which often led to dramatic... Continue reading at Digiday

[ Digiday | 2016-12-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #busy year #platform features #facebook live #content formats #flip side #digital publishers


BrandPost: In the New Year, Use Tech to Live Life to the Fullest

It seems like every new year brings the same old batch of resolutions: lose weight, join a gym, organize that closet once and for all. But according to consumer research firm Nielsen, there’s another self-improvement pledge that’s nearly as popular as fitness: “Enjoy life to the fullest.”That... Continue reading at PC World

[ PC World | 2016-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #live life #lose weight


Cheaper books would save Australians $25m a year, says Productivity Commission

Authors and publishers condemn push to repeal parallel import restrictions and say there will be fewer Australian titlesThe federal government should move to make books cheaper in the next year and save Australians about $25m annually, the Productivity Commission believes, but the move is... Continue reading at The Guardian

[ The Guardian | 2016-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #productivity commission #latest report


What’s Trending in Magazine Media | 12.20.16

A recap of the week's top stories courtesy of VerticalFeed, a new service from Folio:. The post What’s Trending in Magazine Media | 12.20.16 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-20 00:00:00 UTC ]
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Agent Jan Michael hands over to Maydo Kooy after 40 years

Maydo Kooy Literary Agency is taking over from the Jan Michael Literary Agency, following the decision of agent Jan Michael to retire after 40 years in the business.  Continue reading at The Bookseller

[ The Bookseller | 2016-12-20 00:00:00 UTC ]
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Radio Times likely to be bought by German media group

Hubert Burda needs consent from BBC Worldwide before it can acquire publisher of Top Gear magazine and other titlesThe Radio Times is poised to go into foreign ownership, as German publisher Hubert Burda finalises a deal to buy its parent company.Immediate Media, which struck a £121m deal with... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #radio times #hubert burda #bbc worldwide #bbc magazines


Ad Age's Magazines of the Year 2016: See All the Winners

It's a challenging time for magazine publishers, right? Of course, because it's a challenging time for anyone in the business of creating content and attracting audiences -- even (or especially) pure-play digital companies.The truth is, there are countless Silicon Valley startups, propped up by... Continue reading at Advertising Age

[ Advertising Age | 2016-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #challenging time #creating content #venture capital #diverse range #alphabetical order #bottom lines


PW Notables of the Year: Carla Hayden

On October 21, just weeks after she was sworn in as the nation’s 14th librarian of Congress, Carla Hayden stunned observers by removing register of copyrights Maria Pallante. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
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PW Notables of the Year: Lisa Lucas

When Lisa Lucas, the new executive director of the National Book Foundation, climbed on the podium at the National Book Awards ceremony in November, her presence and her remarks marked a change at the NBF. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
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Here’s What We Learned From Our Top 10 Lists This Year

In the Slate Plus bonus segment of Wednesday’s edition of the Culture Gabfest, host Stephen Metcalf chats with Dana Stevens and Laura Miller about their top 10 favorite books and films of 2016. Continue reading at Slate

[ Slate | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bonus segment #culture gabfest #dana stevens #laura miller


Dominique Raccah: PW Person of the Year, 2016

In recognition of her determination, creativity, and energy in making Sourcebooks one of the country’s leading independent publishers, Dominique Raccah is PW’s Person of the Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
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PW Notables of the Year: Suzanne Nossel

Watching attacks against free speech mount in the Western Hemisphere, Suzanne Nossel will not sit idly by. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
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PW Notables of the Year: Rupi Kaur

Rupi Kaur, a Canadian poet, writer, and spoken-word artist, may only be 24 years old, with only one book published to date. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
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English PEN reports 'challenging year'

English PEN has reported a deficit of close to £90,00 in its annual report for the year ending 31st March 2016, describing it as "a challenging year". Continue reading at The Bookseller

[ The Bookseller | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #challenging year #english pen #annual report


PW Notables of the Year: Marcus Leaver

Following record revenue of over $182 million in 2015, Quarto posted an 8% sales increase in the first half of 2016 over the comparable period of 2015, and CEO Marcus Leaver is hopeful that the publisher will have a fourth straight year of sales increases in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pw notables #marcus leaver #record revenue #$182 million #sales increases


How Condé Nast's Food Innovation Group Plans to Take Over the 'Food Internet'

Condé Nast's Food Innovation Group dominated 2016 in all of those areas: food, innovation and groups. FIG houses Bon Appétit (the magazine and multiple digital platforms), Epicurious (the website and app), The Farm (the branded content division), and the FIG Influencers Network (the blog... Continue reading at AdWeek

[ AdWeek | 2016-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #drucker mann #younger generation #moving forward #brand partners #ll continue