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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eCampus.com Wins 5-Year Contract at UW-Milwaukee

In a deal that bears striking similarities to ones that Amazon has crafted with Purdue and UMass Amherst over the past year, virtual textbook competitor eCampus.com has negotiated a $2.15 million contract with UWM. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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Ebooks Sold at Independent Bookstores Garner Pitiful Profits

A survey of Colorado independent bookstores reveals ebooks sales are tiny and offer just a pittance of profit — often just 50 cents a book. The post Ebooks Sold at Independent Bookstores Garner Pitiful Profits appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebooks sold


Trinity Mirror 'profits on course'

UK newspaper publisher Trinity Mirror says it expects to hit its profit forecasts for 2015, as half-year revenues and profits fall. Continue reading at BBC News

[ BBC News | 2015-08-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits fall #trinity mirror


Denis O'Brien, Irish media tycoon who is rarely out of the headlines

He has even turned up as a character in the Irish Times’s satire column Ireland’s major media tycoon, Denis O’Brien, is rarely out of the headlines (although he appears a little less often in newspapers owned by the publishing company in which he has a major interest).The weekend was a perfect... Continue reading at The Guardian

[ The Guardian | 2015-08-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #desist letter #irish times #finance minister #sunday independent


Future Artefacts fair seeks to show physical media far from dead

Ben Freeman, organiser of London event, says: ‘Everyone realises the internet hasn’t killed the record industry or the publishing industry – just changed it’A fair celebrating the future of physical objects in media – from books and magazines to records and cassettes – will debut in London this... Continue reading at The Guardian

[ The Guardian | 2015-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical objects #record industry #publishing industry #indie presses


Starz renews 'Black Sails,' plans Cuba-set drama called 'Havana Quartet' starring Antonio Banderas

Starz has renewed its Michael Bay drama "Black Sails" for a fourth season and announced it is developing "Havana Quartet," a drama based on the Leonardo Padura detective book series that will star Antonio Banderas. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fourth season #drama based


Sales dip at Hachette UK in first half

Sales at Hachette UK were down 3.5% in the first six months of 2015 compared to the year before, because of a “slate of new releases that was not as strong as the first half of 2014”, according to results announced by Hachette's parent company Lagardere. E-books represented 33% of sales in... Continue reading at The Bookseller

[ The Bookseller | 2015-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #sales dip #adult trade #digital market #1st january


Yakub Memon is hanged for role in 1993 Mumbai bombings, India media reports say

Indian authorities executed a 53-year-old man early Thursday for his role in a deadly 1993 bombing rampage in Mumbai, news media reported. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-30 00:00:00 UTC ]
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Man Booker Prize announces longlist

The 13 books longlisted for this year's Man Booker Prize are announced, with previous winner Anne Enright among those in contention. Continue reading at BBC News

[ BBC News | 2015-07-29 00:00:00 UTC ]
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Book Media Amplification is Key to Small Press Success

Chad Post of Open Letter Books explains how leveraging social networks for media amplification is now a key to small press marketing success. The post Book Media Amplification is Key to Small Press Success appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-29 00:00:00 UTC ]
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Forbes Media Expands Native Advertising Service

Forbes Media announced today the expansion of its native advertising efforts with BrandVoice "Special Features," which allows companies to publish branded digital content with the same tools as the editorial staff.This is the fourth BrandVoice feature created since the platform's debut in 2010.... Continue reading at Advertising Age

[ Advertising Age | 2015-07-28 00:00:00 UTC ]
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Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales rise #education division #sharp decline #south africa


Malaysia’s Karangkraf Media Group Does It All

Under the leadership of Dato, Karangkraf Media Group has become perhaps the most dominant book publisher and printer in Malaysia. The post Malaysia’s Karangkraf Media Group Does It All appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post malaysia


How Bloomberg monetizes readers who arrive from social media

Its social audience growing, Bloomberg Media Group is selling a product that lets advertisers target its audience that comes from those platforms. It's a counterintuitive move, as social audiences tend to be less engaged than direct ones. For advertisers that want to reach a social audience,... Continue reading at Digiday

[ Digiday | 2015-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #social audience


Media Monkey: Gillian Tett, Lionel Barber, Jesse Norman, and Tony Hall

How will FT’s Tett chief feature on Nikkei’s index, Andrew Gowers pours oil on troubled waters and BBC’s director general goes jogging in the dark• Gillian Tett is the FT’s US managing editor, the position Lionel Barber occupied before becoming editor 10 years ago. And last week’s Nikkei deal... Continue reading at The Guardian

[ The Guardian | 2015-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #people familiar


PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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The Guardian view on media globalisation: good news for the Financial Times | Editorial

It may not prove easy to marry British and Japanese journalistic cultures. But in a global media world this deal makes senseThe Financial Times is one of the best newspapers in the world, not just in Britain. It is quick without being rash, accurate without leaden pedantry, thoughtful without... Continue reading at The Guardian

[ The Guardian | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #everyday life #digital operations #make decisions


Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a... Continue reading at PC World

[ PC World | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-commerce site #video streaming #cloud computing #ebook readers #company continues #voice-controlled device #audio news


Amazon accused of spying on reviewer's social media profiles

Amazon has reportedly blocked a person from reviewing an ebook because the company thinks that they are friends with the author. Imy Santiago attempted to post a review of an unnamed title several times, each time being told that it was in violation... Continue reading at Engadget

[ Engadget | 2015-07-24 00:00:00 UTC ]
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‘Watchman’ Print King of The Digital Era

"Go Set a Watchman" sold more print copies in its first week than any book since Dan Brown’s "The Lost Symbol," which was released in September 2009. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital era #print copies #dan brown #lost symbol