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'


These Print And Digital Publishers Are Redefining What It Means to Be a Media Brand in 2018

It's been a remarkable year for journalism and storytelling, as legacy media outlets continue to find their new identities in this rapidly evolving digital era. Others have had to nimbly reimagine themselves after being acquired by new owners, all while strategizing for the future with new... Continue reading at AdWeek

[ AdWeek | 2018-10-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital publishers #media brand #revenue streams #media executives


Attorney general announces review of social media platforms following Capitol Hill hearing

Lawmakers on Capitol Hill questioned top executives at Facebook and Twitter on Wednesday about their companies’ ability to thwart foreign interference, and hinted that industry regulations may be coming. The “size and reach of your platforms demand that we, as policy-makers, do our job, to ensure... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-05 00:00:00 UTC ]
More news stories like this |


Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff

'Underlying operating revenue and profit numbers for Penguin Random House in US dollars have been stable year-over-year,' Markus Dohle tells PRH staff, following the half-year report from Bertelsmann. The post Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post germany #bertelsmann reports


Video: On BuzzFeed’s ‘Solid Bounce-Back Year’ and Its Plans for the Future

Adweek recently caught up with BuzzFeed CEO Jonah Peretti and chief revenue officer Lee Brown about the state of the digital publisher, the challenges of a changing industry and where they see the company in the years ahead. We also chatted with them about the evolution of Tasty in the three... Continue reading at AdWeek

[ AdWeek | 2018-08-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #years ahead #digital publisher #changing industry


Cooking and Sci-Fi Are the Hot Print Segments This Year So Far

Much lower sales for last year's religious phenom, 'The Shack,' contributed to a decline in fiction units in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lower sales


Print Unit Sales Rose 2% in First Half of 2018

With unit sales of print books rising 4% in the adult nonfiction segment—the industry’s largest major category—total unit sales for the first half of 2018 increased 2% over the comparable period in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
More news stories like this |


Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike

The prosperity that some in the Russian book industry thought was rising this year may be headed in the other direction, if the expected rise in book VAT becomes a reality. The post Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-24 00:00:00 UTC ]
More news stories like this |


Shutterbug Shuts the Door on Print After 45 Years

The photography enthusiast magazine is going digital only in response to dwindling ad revenues and higher print costs. The post Shutterbug Shuts the Door on Print After 45 Years appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-22 00:00:00 UTC ]
More news stories like this |


Quarto's children's sales grow but profits plunge in 'tough year'

The Quarto Group's sales declined marginally by 1.4% to £152.5m last year, however, its operating profits plunged 58% to £7.2m. Continue reading at The Bookseller

[ The Bookseller | 2018-03-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough year #quarto group #sales grow


Music fans mourn end of 66-year-old British magazine NME's print edition

British music magazine NME, which helped mold musical tastes for several generations, will stop publishing its weekly print edition. Continue reading at Stuff

[ Stuff | 2018-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #stop publishing


NME to close print edition after 66 years

Publisher of music magazine consulting about redundancies, while title will continue online Tell us about your favourite edition of NME The NME is to cease publication in print after 66 years, the weekly music title joining a growing list of once mighty magazine brands that now only exist... Continue reading at The Guardian

[ The Guardian | 2018-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #continue online #cease publication #growing list


PubTechConnect in Its Second Year: Mixing Media Viewpoints on Innovation, Diversity

Touting again a 'mix of book publishing people and people from media companies and ancillary companies,' this year's PubTechConnect conference will focus on innovation in many forms. The post PubTechConnect in Its Second Year: Mixing Media Viewpoints on Innovation, Diversity appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #diversity appeared #pubtechconnect conference #media companies


Print Is Still Big Business in Magazine Media

Far from dead, print continues to be a critically important product for publishers. The post Print Is Still Big Business in Magazine Media appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print continues #post print #big business #magazine media


No. 2 Fairfax, No. 3 Taft rally in second half to win City Section playoff openers

There was plenty of drama on the opening night of the City Section Open Division basketball playoffs. At one point Saturday night, the Nos. 2, 3 and 4 seeds all trailed in the second half. At halftime in Woodland Hills, with No. 3 Taft down by eight points to No. 6 Crenshaw, standout guard Kihei... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #opening night


Mostly Lit and Waterstones announce year-long partnership

Books and pop-culture podcast, Mostly Lit, has teamed up with Waterstones on a year-long partnership to create a new series of events and online content for the bookseller. Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pop-culture podcast #online content


3 Predictions for Magazine Media in the Year Ahead

Will this be the year magazine media turns itself around, or should we expect more doom and gloom? The post 3 Predictions for Magazine Media in the Year Ahead appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine media #year ahead


Print book market grows for third year running

The print book market has posted growth in value for the third year running, with 2017 inching up 0.09% on 2016. Continue reading at The Bookseller

[ The Bookseller | 2018-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year running


Magazine Media’s Year in Review: A Series of Interesting Choices

From Playboy to Vanity Fair, several key decisions made this year will have profound repercussions in the years ahead—for better or worse. The post Magazine Media’s Year in Review: A Series of Interesting Choices appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine media #vanity fair


We’re Still Here: Media Buyers Keep the Print Faith

Magazines still offer things other channels don’t. The post We’re Still Here: Media Buyers Keep the Print Faith appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media buyers


Print is Still Very Much Alive at Bauer Media Group

The publisher not only continues to print, but plans to increase the frequencies of four weeklies in 2018. The post Print is Still Very Much Alive at Bauer Media Group appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-12-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post print