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

Other Publishing stories related to: 'Fairfax Media announces half-year profit and plan to keep printing newspapers'


Cosmopolitan and Men's Health publisher sees profits fall by more than 30%

Hearst UK reports fall in pre-tax profits from £12.7m to £8.7mHearst UK, the publisher of titles including Men’s Health, Esquire and Cosmopolitan, saw pre-tax profits fall by more than 30% last year.Hearst UK reported a 31.5% fall in pre-tax profits from £12.7m to £8.7m in 2014. Continue reading... Continue reading at The Guardian

[ The Guardian | 2015-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-tax profits #5% fall


Social Media Could Inspire Horrors—Or Maybe Superpowers

In the new 'Geek's Guide to the Galaxy' podcast author David Wong discusses his latest book and its focus on the dark side of social networks. The post Social Media Could Inspire Horrors—Or Maybe Superpowers appeared first on WIRED. Continue reading at Wired

[ Wired | 2015-10-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dark side #social networks


'100 Years of Best American Short Stories' is vital yet flawed for loading the canon

When sickly Bostonian Edward J. O'Brien put together the first "Best American Short Stories" anthology in 1915, short stories were considered junky pop culture. He was hoping that his project would elevate the short-story form. He had no idea he was launching a series that would last a century... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-10-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #short stories


FBF 2015: Boos on the changes at this year's fair

Frankfurt Book Fair director Jurgen Boos talks about the major changes that are in store for the 2015 iteration of the industry's most important trade fair. Continue reading at The Bookseller

[ The Bookseller | 2015-10-09 00:00:00 UTC ]
More news stories like this |


Media embraces Super Thursday

Super Thursday and Books Are My Bag celebrations today (8th October) have attracted widespread media coverage from the BBC, Sky and national newspapers. Continue reading at The Bookseller

[ The Bookseller | 2015-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #super thursday #national newspapers


Indie Press Rain Taxi Celebrates 20 Years

Minneapolis independent press Rain Taxi is celebrating 20 years of promoting literary fiction and nonfiction, from its quarterly magazine to programs that bring literature into public spaces. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarterly magazine #public spaces


Gannett gets even bigger by acquiring 34 more US newspapers

Publisher pulls off its first major deal since it was spun off from its TV divisionThere are signs of a new round of consolidation in the US newspaper market with Gannett’s acquisition of the Journal Media Group for $280m (£183m).It adds the Milwaukee Journal Sentinel plus 16 other daily papers... Continue reading at The Guardian

[ The Guardian | 2015-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major deal #daily papers


World Digital Media Awards Winners Inspire Emotion, Awe

The awards were presented tonight at the start of the annual get-together after the first day of the World Publishing Expo in Hamburg.   Here is a look at the full list of this year's winners and what made their entries special and succ ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #full list


Johnston Press Announces Closures of 11 Free Titles to Focus on 'Digital Offering'

The regional publisher has axed eight free print titles in the Midlands and folded a further three into paid-for titles in the North West and South.   The company announced the closures in a statement to shareholders this morning in an update on ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #regional publisher #north west #company announced


What Twitter's New 'Moments' Feature Means to Viewers, Media Companies and Brands

Twitter today unveiled Moments, the long-rumored content-curation feature that industry observers believed for the last several weeks would be called Project Lightning. It's got something for everyone—viewers, media companies and brands.  Moments is designed to make it easier to use the... Continue reading at AdWeek

[ AdWeek | 2015-10-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prominent placement #video capabilities


Eclipse looms for newspaper giants buying a place in the digital sun

Ad blockers are wreaking havoc with the online revenue of newspapers, yet some groups continue to throw money around to acquire online rivals. What happens when boom turns to bust?On the one hand, the bad times are rolling for news on screens. Ad blocking is knocking a hole in revenue streams –... Continue reading at The Guardian

[ The Guardian | 2015-10-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad blocking #revenue streams #world association


To Defy Amazon, Kinokuniya Plans to Monopolize More Titles

After snapping up most of Murakami's latest book to thwart Amazon, Kinokuniya bookstore chain plans to try monopolizing more titles. The post To Defy Amazon, Kinokuniya Plans to Monopolize More Titles appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #titles appeared #defy amazon


It'll take 100 years to reach full gender equality in the C-suite based on the current trend, say LeanIn.Org and McKinsey

Women are as much as 10 decades away from reaching gender equality in the United States, according to a new study published Wednesday by LeanIn.Org and McKinsey & Co. The report from Facebook Inc. Chief Operating Officer Sheryl Sandberg’s nonprofit and the management consulting firm states... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #higher rates


Print Units Up 2% Through September

Unit sales of print books rose 2% in the first nine months of 2015, compared to the similar period in 2014, at outlets that report to Nielsen BookScan, which records about 80%–85% of all print sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print units #nielsen bookscan #print sales


HarperCollins Announces Creation of HarperCollins Italia

HarperCollins today announced that it will be continuing the expansion of its Global Publishing Program with the creation of HarperCollins Italia. The post HarperCollins Announces Creation of HarperCollins Italia appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins italia


Bloomberg Businessweek editor Josh Tyrangiel resigns after six years

Deputy editor Ellen Pollock to become first female editor in magazine’s historyBloomberg Businessweek editor Josh Tyrangiel has resigned after six years at the company. Deputy editor Ellen Pollock will replace Tyrangiel, becoming the magazine’s first female editor since its founding in 1929. ... Continue reading at The Guardian

[ The Guardian | 2015-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #female editor


Google Plans to Unveil Its Version of ‘Instant Articles’ Next Week

Three weeks ago, we told you about plans Google was hatching to launch a publishing tool to serve up articles on mobile devices. It would look similar to Facebook’s Instant Articles feature, only Google would cull articles from cached versi ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-01 00:00:00 UTC ]
More news stories like this |


Blackstone Audio Launches Print Imprint

Oregon-based audiobook publisher Blackstone is expanding into print with the launch of Blackstone Publishing, which will release classic and original contemporary titles in both print and ebook, beginning in fall 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-30 00:00:00 UTC ]
More news stories like this |


Cumulus Media Names Mary Berner CEO as Co-Founder Steps Down

Cumulus Media, the second-largest operator of U.S. radio stations behind IHeartMedia, replaced company co-founder Lew Dickey as CEO after an 84% drop in the stock price this year, naming longtime magazine publishing executive Mary Berner to replace him.Mr. Dickey will remain on the board as vice... Continue reading at Advertising Age

[ Advertising Age | 2015-09-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #stock price #vice chairman #magazine media #tv guide #conde nast #fairchild publications #online competitors


Meet Ad Age's 2015 Media Mavens

One honoree on our annual Media Mavens list markets cord cutting to millennials while taking a paycheck from a cord company -- well, a satellite company, but you get the idea. Another uses the data in Walmart's vaults to run a media-buying platform that informs hundreds of other advertisers'... Continue reading at Advertising Age

[ Advertising Age | 2015-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook executive #content directly #shake things