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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HMH Books & Media Sets Indie Plan

Houghton Mifflin Harcourt Books & Media has started Fast Track, a program aimed at helping independent booksellers set up direct order accounts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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Bloomberg’s TicToc Plans to Launch on OTT Streaming Services This Year

Bloomberg’s goal to turn TicToc, its 24/7 news brand, into a fully fledged media network is taking shape. Launched on Twitter December 2017, Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-21 18:30:13 UTC ]
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Bloomberg’s TicToc plans to launch on OTT streaming services this year

"The mission is to live across all platforms that make up someone’s daily news diet," said Jean Ellen Cowgill, md of TicToc. The post Bloomberg’s TicToc plans to launch on OTT streaming services this year appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-05-21 04:01:14 UTC ]
More news stories like this | News stories tagged with: #post bloomberg #year appeared #tictoc plans


Wales Book of the Year Awards shortlists announced

The shortlists for this year’s English and Welsh language Wales Book of the Year Awards have been announced, reflecting the “incredible breadth” of the country’s literary scene. Continue reading at The Bookseller

[ The Bookseller | 2019-05-10 00:00:00 UTC ]
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131-year-old Luke paper mill in Western Maryland to close, Verso Co. announces, eliminating 675 jobs

The Luke paper mill, an economic engine in Western Maryland for 131 years, will close by June 30, owner Verso Co. announced Tuesday. The shutdown means 675 people spread across Maryland, Pennsylvania and West Virginia will lose their jobs, the company said. The company said it had explored... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-30 22:00:00 UTC ]
More news stories like this | News stories tagged with: #announced tuesday #west virginia


ESPN The Magazine Will Shutter Its Print Edition After 21 Years

While the future of America's biggest sports magazine remains an open question, its second-biggest will soon call it quits on print entirely. ESPN The Magazine will shutter its monthly print edition after September's annual Body Issue, its parent company announced Tuesday morning, ending a... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #senior editor #important work #developing story #greatest writers #great stories


This Year's Triangle Award Winners Announced

Alexander Chee, Hieu Minh Nguyen, and Imani Perry are among the winners of the 31st annual Triangle Awards, honoring LGBTQ fiction, nonfiction, poetry, and trans literature published in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-26 00:00:00 UTC ]
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Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
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Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | News stories tagged with: #boy king #$24 billion #unprofitable company


Ad-Free, Print-Only and Profitable, Kazoo Is Pushing Girls to Think Bigger

As is very often the case with great ideas, it was first inspired among the bookshelves. Browsing Barnes & Noble one day in the Spring of 2016, Erin Bried—an industry vet whose lengthy Condé Nast career had come to a layoff-induced end just months earlier—was disappointed by the retailer's... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #underprivileged neighborhoods #cash cow


Jerusalem International Book Forum Announces Initial 2019 Programming Plans

Book-to-film trends and streaming entertainment are topics at the Jerusalem International Book Forum in May, as are panels on book sales. The post Jerusalem International Book Forum Announces Initial 2019 Programming Plans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book sales


Faber reissues Bernhard fiction after 20 years out of print

Faber is reissuing the celebrated fiction of Austrian writer Thomas Bernhard after nearly 20 years out of print to commemorate the 30th anniversary of his death. Continue reading at The Bookseller

[ The Bookseller | 2019-02-14 00:00:00 UTC ]
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Daunt plans new buying structure after flat year at Waterstones

Waterstones is to split its centralised buying functions into two roles, aimed at resolving the disconnect between what is ordered by the chain and what is then sold through. Continue reading at The Bookseller

[ The Bookseller | 2019-02-05 00:00:00 UTC ]
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Print market posts fourth consecutive year of value growth

The UK print market has grown in value for a fourth year running, with  2018 showing a marginal volume increase too. Continue reading at The Bookseller

[ The Bookseller | 2019-01-03 00:00:00 UTC ]
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All the Magazine Brands That Moved Away From Print This Year

It's a tumultuous time in the media industry, and this year saw multiple publications change ownership and some--including, most recently, conservative magazine The Weekly Standard--shutter operations entirely. So it perhaps came as no surprise when a number of brands across three leading... Continue reading at AdWeek

[ AdWeek | 2018-12-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine brands #print products #tumultuous time #media industry #conservative magazine


B&N Announces Holiday Half-Off Sale

Barnes & Noble will discount more than 100 books at 50% off from today until December 24 in stores and December 25 online, provided supplies last. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-06 00:00:00 UTC ]
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Johnston Press: i newspaper publisher sets out rescue plan

Johnston Press plans to file for administration with its assets then immediately sold to its lenders. Continue reading at BBC News

[ BBC News | 2018-11-17 00:00:00 UTC ]
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Johnston Press: rescue plan for Scotsman newspaper group

The company will continue to publish more than 200 titles but the deal has been criticised by its largest shareholder and the NUJScores of local newspapers as well as titles including the i, the Yorkshire Post and the Scotsman, will continue to publish after its troubled owner agreed a deal to... Continue reading at The Guardian

[ The Guardian | 2018-11-17 00:00:00 UTC ]
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With no election results, Gannett newspapers edge into the future for their print product

Newspaper publishers know they have to experiment to keep their print products viable. But innovating an expensive product is risky. The post With no election results, Gannett newspapers edge into the future for their print product appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-11-06 00:00:00 UTC ]
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Shortlist for William Hill Sports Book of the Year announced

Titles about boxing, darts, football, golf, rugby, swimming and the Olympic Games are on the shortlist for this year’s £30,000 William Hill Sports Book of the Year Award. Continue reading at The Bookseller

[ The Bookseller | 2018-10-25 00:00:00 UTC ]
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