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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Waleed Aly: don't take social media bait of misogynist provocations

Host of the Project says outrage at ‘neo-masculinist’ Daryush Valizadeh should be channelled into something positive, rather than fuelling his public profileWaleed Aly has called for a social media blackout on Daryush Valizadeh, the leader of “neo-masculinist” group Return of the Kings who... Continue reading at The Guardian

[ The Guardian | 2016-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tuesday night #sell books


JK Rowling's empire lowers the drawbridge, boosts profits

The renowned author's digital publishing house, Pottermore, has retained a monopoly on the sale of Harry Potter ebooks and audio titles ever since its launch. But times they are a-changing, and the company's strategy is undergoing seismic shifts. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jk rowling #renowned author #audio titles


‘Sick of Reading about White Boys and Dogs,’ 11-Year-Old Launches #1000BlackGirlBooks

#1000BlackGirlBooks is a project headed by an 11-year-old in Philadelphia who wants to promote diversity in children's books. The post ‘Sick of Reading about White Boys and Dogs,’ 11-Year-Old Launches #1000BlackGirlBooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post sick #white boys #promote diversity


Marketers, It's Time to Rebalance Your Media Scale

We're going to hear a lot about comparable metrics this year -- finally. As emerging media platforms continue to dominate the headlines -- creating the perception that ad tech is where all the audience is -- smart advertisers will insist on a lens through which the avalanche of charts, claims,... Continue reading at Advertising Age

[ Advertising Age | 2016-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad tech #sharp rise #digital devices


Baroness Rebuck and Jimmy Wales join Guardian Media Group board

Chair of book publisher Penguin Random House UK and Wikipedia founder take up their roles with immediate effectGuardian Media Group has appointed Baroness Rebuck, the chair of book publisher Penguin Random House UK, and Wikipedia founder Jimmy Wales to its board.They join other high profile... Continue reading at The Guardian

[ The Guardian | 2016-01-27 00:00:00 UTC ]
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Meredith Close to Walking Away From $2.4B Acquisition by Media General

Meredith Corp. is close to walking away from its attempt to merge with Media General, allowing Nexstar Broadcasting Group to acquire the TV station owner after months of negotiation, according to people familiar with the matter.Meredith, the owner of broadcast stations and magazines like Better... Continue reading at Advertising Age

[ Advertising Age | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media general #fit pregnancy #tv stations #digital businesses #quarterly results


Hardinge's 'Lie Tree' named Costa Book of the Year

The Lie Tree by Frances Hardinge, published by Macmillan Children's Books, has been crowned the winner of the £30,000 2015 Costa Book of the Year: the first children's book to claim the prize in more than a decade. Continue reading at The Bookseller

[ The Bookseller | 2016-01-27 00:00:00 UTC ]
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Finalists Named for 2016 PW Bookstore of the Year

This year’s bookstore finalists represent a broad range of general independent bookstores, both big and small. The winner will be named in March. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-26 00:00:00 UTC ]
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Nautilus Partners with MIT Press to Co-Publish Print Edition

Bimonthly science magazine looks to expand circulation, sales and marketing. The post Nautilus Partners with MIT Press to Co-Publish Print Edition appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-26 00:00:00 UTC ]
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PUC plans a hearing on Charter's purchase of Time Warner Cable and Bright House

California Public Utilities Commission officials plan a public hearing on Charter Communications' proposed $67-billion acquisition of two cable companies, Time Warner Cable and Bright House Networks, which serve Southern California. The PUC hearing is scheduled for 6 p.m. Tuesday in the Junipero... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charter communications #public hearing #cable companies


Westchester stops Fairfax as singer Chris Brown, Flea turn up L.A. moment

It was one of those only in Los Angeles moments. Early in the second quarter of Friday night's City Section basketball showdown between Westchester and host Fairfax, fans from both sides of the sold-out bleachers started standing and screaming. And it wasn't because of a player. Singer Chris... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #friday night


VIDEO: Costa Book of the Year: Biography

The Costa Book of the Year is announced on January 26th. Nick Higham spoke to each of the shortlisted authors, including Andrea Wulf, winner of the biography prize. Continue reading at BBC News

[ BBC News | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biography prize #costa book #shortlisted authors


2016 Hans Christian Andersen Award Shortlist Announced

The International Board on Books for Young People has announced the shortlist for the 2016 Hans Christian Andersen Awards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
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Canada’s 2016 “Battle of the Books” Shortlist Announced

Five titles have been shortlisted for Canada Reads 2016, a program that highlights Canadian authors and gives the winner a significant sales boost. The post Canada’s 2016 “Battle of the Books” Shortlist Announced appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-21 00:00:00 UTC ]
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2015 Print Sales Up Slighty in Canada

Unit sales were up by 1%, according to BookNet Canada, while ebook sales remained at the same level they reached in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
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Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
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IEEE: 2016 will be the year of the drone, but there's bad news for MP3 players, digital cameras, and wearables

43 percent of UK consumers expect drones to be the most influential technology in 2016, according to IEEE’s annual survey, with smart phones (38 percent) and 3D printing (31 percent) close behind. The online survey, conducted in November 2015, questioned over two thousand adults to find out what... Continue reading at Betanews

[ Betanews | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #annual survey #online survey


Penthouse magazine axes print edition

Adult title’s move to go online-only follows rival Playboy’s announcement that it will no longer feature naked womenAdult magazine Penthouse is to end its print edition after 50 years and go online-only.The closure of the print edition of the magazine, which was founded in 1965 by Bob Guccione,... Continue reading at The Guardian

[ The Guardian | 2016-01-20 00:00:00 UTC ]
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Penthouse magazine plans to expand its website and move offices to L.A.

Adult magazine Penthouse will expand its website to include daily updates and more interactive content as traditional print publications continue to pivot to growing online readership. ------------FOR THE RECORD4:25 p.m.: An earlier version of this story said Penthouse would close its print... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #interactive content #earlier version


Canada's largest newspaper publisher cuts jobs and merges newsrooms

90 staff to go as Postmedia deals with falling revenue by creating joint operationsCanada’s largest newspaper chain, Postmedia Network, is cutting 90 staff and merging newsrooms to cope with declining revenue and heavy indebtedness.In Vancouver, Calgary, Edmonton and Ottawa – cities where... Continue reading at The Guardian

[ The Guardian | 2016-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #falling revenue #postmedia network #merging newsrooms #declining revenue #daily papers