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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A Dangerous Calling: Kenneth Bae on Two Years As Prisoner in North Korea

The longest-held American prisoner of North Korea is revealing the details of his ordeal in a new book, ‘Not Forgotten.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-03 00:00:00 UTC ]
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Nepal earthquake anthology profits to go to charity

Head of Zeus is to publish the "biggest, most comprehensive" collection of writing about Nepal in print a year after the earthquake that devastated the country. Continue reading at The Bookseller

[ The Bookseller | 2016-04-29 00:00:00 UTC ]
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Publishers 'feeding on scraps from Facebook', says Bloomberg Media boss

Justin Smith says social network makes far more money from ads in its news feed than news organisations do from linked trafficNewspapers, magazines and other publishers are “feeding on the scraps” of Facebook’s multibillion-dollar ad business despite playing a central role in keeping the social... Continue reading at The Guardian

[ The Guardian | 2016-04-29 00:00:00 UTC ]
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Time Out plans £200m stock market flotation

Oakley Capital, which has controlling stake in magazine, intends floating company on London AIM market in JuneTime Out, the lifestyle and listing magazine turned international digital media business, is planning a stock market flotation later this year.Oakley Capital, which acquired a... Continue reading at The Guardian

[ The Guardian | 2016-04-29 00:00:00 UTC ]
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Amazon Posts a $1 Billion Profit

Helped by a strong performance in its cloud services group, Amazon reported an operating profit of $1.1 billion in the first quarter ended March 31, 2016 compared to $255 million in the 2015 first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Franciscan Media Names New President

Kelly McCracken, formerly director of shared services at Franciscan Media, has been appointed president of the Catholic publishing house. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Len Riggio, Barnes & Noble Founder, Announces Retirement

Len Riggio, who built Barnes & Noble from a single store into the country's largest bricks-and-mortar bookseller, will retire after the company's September annual meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-27 00:00:00 UTC ]
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Clays' parent company issues profit warning

St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Game of Thrones: will mini characters conquer viewers' hearts? | Media Monkey

Danaerys and Melisandre are among the stars from the HBO series to be turned into figuresWith its penchant for flaying, beheading and generally dying in any way other than peacefully in your sleep, Game of Thrones is an unlikely source of spin-off toy merchandise.And yet if adults can while away... Continue reading at The Guardian

[ The Guardian | 2016-04-27 00:00:00 UTC ]
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IPG Expands Print-On-Demand Services

The distributor has cut deals with Bookmasters and Edwards Brothers Malloy, moves that give the distributor an agreement with every major print-on-demand company in the market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-26 00:00:00 UTC ]
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Kids Comic Con: Celebrating 10 Years of Kids and Comics in the Bronx

For ten years, families and kids have flocked to the Bronx for Kids Comic Con to meet creators, take part in workshops, and learn how comics are created. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-26 00:00:00 UTC ]
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Henry Holt & Company Celebrates 150 Years

Henry Holt & Company has undergone a number of incarnations since it was formed in 1866, when Henry Holt partnered with Frederic Leypoldt to publish books under the name Leypoldt & Holt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-22 00:00:00 UTC ]
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Calvin Literary Festival Recap: Celebrating 25 Years, A New Director

More than 2,000 readers and writers attended the Calvin College Festival of Faith & Writing in Grand Rapids, Mich. to celebrate religious expression in literature. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-20 00:00:00 UTC ]
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L.A. Convention Center books 30 major gatherings for 2016, a 30% jump from last year

The Los Angeles Convention Center has booked 30 major conventions for 2016, a 30% increase over last year and a new record for big multi-day gatherings at the city facility. The conventions this year include a celebration of comic books and movies, a gathering of experts on allergies and a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-04-19 00:00:00 UTC ]
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The New Yorker Wins Two Pulitzers in a First for Magazine Media

Kathryn Schulz and Emily Nussbaum win for Feature Writing and Criticism, respectively. The post The New Yorker Wins Two Pulitzers in a First for Magazine Media appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-19 00:00:00 UTC ]
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Media Websites Battle Faltering Ad Revenue and Traffic

Changes in technology like ad blocking, and the dominance of platforms like Facebook leave many publishers unsure of how they will make money. Continue reading at The New York Times

[ The New York Times | 2016-04-18 00:00:00 UTC ]
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BEA 2016: Books Inc is PW's Bookstore of the Year

Having weathered every challenge possible since its 1851 founding, Books Inc. demonstrates its commitment to bookselling, even in difficult circumstances. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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BEA 2016: Lise Solomon is PW's Rep of the Year

Solomon is held in high regard in her Bay Area territory as a passionate reader, but Solomon said that is only part of what she does: “It’s also about being a passionate advocate,” she says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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MPA Announces Finalists for Inaugural “Imagination Awards”

Winners of the new awards honoring the best in independent magazine media to be revealed at the IMAG Annual Conference in San Francisco, May 11-13. The post MPA Announces Finalists for Inaugural “Imagination Awards” appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-15 00:00:00 UTC ]
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At London Book Fair Thursday: Kalimat & Quarto Announce Joint Imprint

Telling Publishing Perspectives about her 'good, great partnership' with London's Quarto, Sharjah's Bodour bint Sultan Al Qasimi announces that Kalimat Quarto will begin distribution in early 2017. The post At London Book Fair Thursday: Kalimat & Quarto Announce Joint Imprint appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-14 00:00:00 UTC ]
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