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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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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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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Should Media Companies Fear Facebook Live and Instant Articles or Embrace Them?

Of the many talking points Tuesday at Facebook's F8 conference, two stood out because of their potential ramifications: the full rollout of Instant Articles and Facebook Live opening up to developers. We did a quick poll of tech players to gain insight into whether media companies should fear... Continue reading at AdWeek

[ AdWeek | 2016-04-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #monetization opportunities #online video #user base #watching closely


Rights of Passage in a New Year of Trade Shows

As the 'Wall of Content' rises, the heart of the publishing trade show, its rights transactions, becomes all the more vital — as we see this week at London Book Fair. The post Rights of Passage in a New Year of Trade Shows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post rights #trade shows


YouTubers hit mainstream as digital media become top choice for new talent

They’ve become the voice of the millennials and now films, TV shows, book deals and live tours are followingYou may not have heard of Joe Sugg and Caspar Lee, but these British YouTube stars have more than 11 million subscribers and more than one billion views on Google’s online video service.... Continue reading at The Guardian

[ The Guardian | 2016-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #billion views #traditional media #production team #top gear #sales charts #digital download


Announcing the Winners of the 2016 Cartoonist Studio Prize

The Slate Book Review and the Center for Cartoon Studies are proud to announce the winners of the third annual Cartoonist Studio Prize. The winners were selected by Slate Book Review editor Dan Kois; the faculty and students at the Center for Cartoon Studies, represented by CCS Fellow Noah Van... Continue reading at Slate

[ Slate | 2016-04-09 00:00:00 UTC ]
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'Batman v Superman' Seen Earning Less Profit Than Superman Alone

"Batman v Superman: Dawn of Justice," is poised to conquer the box office for the third straight weekend. But beneath the cape, tights and superhero armor lies a mere mortal."Batman v Superman," one of the most expensive films ever made, is on pace to produce a $278 million profit for Warner... Continue reading at Advertising Age

[ Advertising Age | 2016-04-08 00:00:00 UTC ]
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Canadian Print Book Sales Up Slightly in 2015

Nonfiction category saw the largest boost, thanks to the popularity of coloring books such as 'Secret Garden' and 'Lost Ocean.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-08 00:00:00 UTC ]
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Guardian First Book Award to close after 17 years

The Guardian First Book Award is to close after 17 years due to a crowded "awards landscape" and the financial constraints of running the prize. Continue reading at The Bookseller

[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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StoryDrive Asia Powers On: Announcing a Singapore Debut

'Access for international publishers to entirely new players,' says Frankfurt Book Fair's Juergen Boos on the StoryDrive program's expansion to Singapore. The post StoryDrive Asia Powers On: Announcing a Singapore Debut appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-08 00:00:00 UTC ]
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Andrew Sullivan Joins New York Media: People on the Move | 4.6.16

Entertainment Weekly makes several additions, Elizabeth Gilbert joins O, The Oprah Magazine, and more... The post Andrew Sullivan Joins New York Media: People on the Move | 4.6.16 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-06 00:00:00 UTC ]
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Can newspapers do anything to stop the advertising exodus?

Print is losing out to television, adblocking is on the rise and newspapers are struggling to prove their worth to ad businessIn August last year a consortium of Britain’s leading national newspaper publishers launched an advertising campaign to draw attention to the merits of their titles as... Continue reading at The Guardian

[ The Guardian | 2016-04-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media agencies #ad revenue #money made #gloomy predictions


Nobel prize winners and stocking fillers – 65 years in the murky waters of London publishing

Ernest Hecht set up Souvenir Press from his bedroom in 1951. Now, following the death of Lord Weidenfeld, he is the last of the group of remarkable Jewish émigrés who transformed postwar British publishingA 65th birthday is a milestone but – now the official retirement age has been abolished –... Continue reading at The Guardian

[ The Guardian | 2016-04-02 00:00:00 UTC ]
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Virago duo inspired by memoir to run half-marathon

Inspired by Helen Stevenson's "poignant" memoir about her daughter Clara's struggle with cystic fibrosis, Virago's Donna Coonan and Poppy Stimpson are to run a half marathon in aid of the Cystic Fibrosis Trust. Continue reading at The Bookseller

[ The Bookseller | 2016-04-02 00:00:00 UTC ]
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PA plans to recruit 10,000 'Reading Ambassadors'

The Publishers Association is urging members of the public to "share their love of reading" by volunteering to become Reading Ambassadors in their local communities. Continue reading at The Bookseller

[ The Bookseller | 2016-04-02 00:00:00 UTC ]
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Judges Announced for National Book Awards

The judges for the 2016 National Book Awards include novelists Karen Joy Fowler and Jesmyn Ward, author and former TV host Melissa Harris-Perry, and poet Jericho Brown. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-01 00:00:00 UTC ]
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Bloomberg Media: Publishers should pause before rushing to platforms

Speaking at the Digiday Publishing Summit, Bloomberg CEO Justin B. Smith said publishers should pause in their rush to having a presence on every platform and “consider what’s really happening there.” He added: “It’s not that it’s pure doomsday scenario, but rather a call for caution and really... Continue reading at Digiday

[ Digiday | 2016-04-01 00:00:00 UTC ]
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20 Years of ‘New Books in German’

For twenty years, journal ‘New Books in German’ has provided insight and guidance about German literature to editors and publishers from around the world. The post 20 Years of ‘New Books in German’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-01 00:00:00 UTC ]
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BBC investigation finds 8,000 library jobs lost in six years

Widespread library closures across the UK have resulted in the loss of almost 8,000 jobs in the last six years, according to a report by the BBC. Continue reading at The Bookseller

[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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Australia's Booktopia plans IPO to expand

Booktopia, an Australian online book retailer, is set to float in the second half of 2016 for a $150m initial public offering as it plans to expand. Continue reading at The Bookseller

[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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