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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Walsall plans to slash libraries from 16 to one

Walsall Council has revealed plans to cut the libraries in the borough from 16 to one in a bid to help make £86m worth of savings, the BBC has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revealed plans


Book Sales' Shapiro Retires After 52 Years

Shapiro, hailed as the sage of the bargain-book business, calls it a day after more than half a century in the business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book sales


PRH staffer's early-years journal delivered to MOM

Penguin Random House Children’s publishing director Shannon Cullen has signed with Michael O’Mara to publish a journal for parents after a “very competitive” auction. Continue reading at The Bookseller

[ The Bookseller | 2016-10-20 00:00:00 UTC ]
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Bonnier lays out expansion plans

Bonnier Books c.e.o. Jacob Dalborg has restated the company’s plans to grow and “grow fast” in English-language regions, but said that it was taking a long-term view of the market. Continue reading at The Bookseller

[ The Bookseller | 2016-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #expansion plans #bonnier books #jacob dalborg


Back to the future: were newspaper publishers wrong to go digital?

Leading US commentator asks: what if the entire industry made a business blunder by putting news up online for free while ignoring their print product? “What if”, asks Jack Shafer, “almost the entire newspaper industry got it wrong? What if, in the mad dash to put up editorial content on to the... Continue reading at The Guardian

[ The Guardian | 2016-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print product #editorial content #publishers made #print editions #vast majority #overwhelming majority #subscription revenue


JRR Tolkien's Middle-earth love story to be published next year

Beren and Lúthien, a story of the perilous romance between a man and an elf, is one of a number of texts by the author brought ‘together for the first time’JRR Tolkien’s legend of the mortal man Beren and the immortal elf Lúthien – a story that meant so much to the Lord of the Rings author that... Continue reading at The Guardian

[ The Guardian | 2016-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rings author #impossible task


Mashable Hires Gawker Media, Vocativ Veteran Jessica Coen

Mashable, the 11-year-old publisher of news and entertainment content, has hired Jessica Coen as executive editor, it was announced Monday morning.She will report up to chief content officer Gregory Gittrich, and will run the company's global editorial team, starting this week. Ms. Coen will be... Continue reading at Advertising Age

[ Advertising Age | 2016-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recently served


Mary Berry book signing dates announced

Mary Berry is emerging from the drama surrounding "The Great British Bake Off" to go on a month-long tour of book signings. Continue reading at The Bookseller

[ The Bookseller | 2016-10-15 00:00:00 UTC ]
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The Goddard Riverside Book Fair, 30 Years In

A lot has changed at Manhattan's Goddard Riverside Book Fair Gala in the 30 years it's been running, and this year's will be the last overseen by the current executive director. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-14 00:00:00 UTC ]
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The Death of Thailand's King Is Having a Massive Impact on Media There

Sunee Paripunna, Thailand CEO of Omnicom Media Group, said a national television pool would live-broadcast each day's funeral rites for the late king, with normal programs resuming afterward with restricted content. "Most (channels) are airing content tributes to the life and work of the late... Continue reading at Advertising Age

[ Advertising Age | 2016-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine publishers #print ads #temporarily paused


Sales of Print Books Slowed in Third Quarter

Though sales continue to be up over last year, the rate of growth is down from 6% for the first half of the year, to 3% in the third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales continue


Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority... Continue reading at Advertising Age

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #individual components #attract advertisers


IBW 'Best of the Best' books announced

Titles by Edmund de Waal and R J Palacio have been named as the favourite of booksellers and their customers from the last decade. The Hare With Amber Eyes by de Waal (Vintage) was named as booksellers' and readers' top title in the adult category, while Wonder by Palacio (Corgi Children’s) was... Continue reading at The Bookseller

[ The Bookseller | 2016-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #adult category #books announced #amber eyes #top title


Puffin announces Mr Men-style Doctor Who series

Puffin Books will next year release a series of Dr Who books written and illustrated in the style of Mr Men. Continue reading at The Bookseller

[ The Bookseller | 2016-10-12 00:00:00 UTC ]
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FutureBook 2016 keynote speakers announced

The four keynote speakers who will headline The Bookseller’s digital publishing conference FutureBook have been announced as author Andrew Keen, Ogilvy & Mather’s James Whatley, Bonnier AB’s chief digital and technology officer Anki Ahrnell, and Eva Appelbaum, partner at Digital Talent @ Work. Continue reading at The Bookseller

[ The Bookseller | 2016-10-08 00:00:00 UTC ]
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Faber sales up in ‘outstanding’ year

Faber has returned to profitability this year after recording a loss in 2015, helped by a “wide range of titles selling extremely well”. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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Finalists for 2016 National Book Awards Announced

Among the nominees for this year's awards, which will be given out on November 16, are Colson Whitehead, Viet Thanh Nguyen and Peter Gizzi. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-06 00:00:00 UTC ]
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Finalists Announced for 2016 NBA in Young People's Literature

On Thursday morning, the National Book Foundation narrowed its longlist down to five finalists for the National Book Award for Young People's Literature. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-06 00:00:00 UTC ]
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You Must Bring a Hat crowned Sainsbury’s Children's 'book of the year'

You Must Bring A Hat by Simon Philip and Kate Hindley (Simon & Schuster) was announced as the ‘book of the year’ at the Sainsbury Children’s Book Awards 2016. Continue reading at The Bookseller

[ The Bookseller | 2016-10-05 00:00:00 UTC ]
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Prime Members Now Get Unlimited Reading On Any Device, Amazon Announces - Deal Alert

Amazon has just announced one more compelling reason to consider a Prime membership -- "Prime Reading". As a Prime member, you now have unlimited access to over a thousand books, current issue magazines, comics, Kindle Singles, and more. With access from any device – including your phone,... Continue reading at PC World

[ PC World | 2016-10-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle singles #prime members #unlimited reading #compelling reason #prime reading #prime member #thousand books #unlimited music #photo storage #prime memberships