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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Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Print sales for Hillary Clinton’s book are best in five years for a nonfiction release

Preliminary numbers are finally out for Hillary Clinton’s newly released book, What Happened, and sales are doing quite well. According to the Associated Press, the book has already sold more than 300,000 copies–which includes hardcover, ebook, and audiobook. The hard copy sales, however, are... Continue reading at Fast Company

[ Fast Company | 2017-09-20 00:00:00 UTC ]
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Final chapter for Pears' Cyclopaedia after 125 years in print

The once hugely popular almanac has seen much-diminished sales in the digital era, and editor’s retirement persuades publisher to close itOne hundred-and-twenty years after Pears’ Cyclopaedia made its first appearance, offering “A Mass of Curious and Useful Information about Things that everyone... Continue reading at The Guardian

[ The Guardian | 2017-09-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #final chapter #digital era #publisher penguin

Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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The Village Voice will silence its print edition after 62 years

Website for beacon of alternative journalism, which featured literary giants Norman Mailer, James Baldwin and Ezra Pound, will continue to publishThe Village Voice will cease publication of its print edition, 62 years after its culture-focused, alternative journalism first hit the streets of New... Continue reading at The Guardian

[ The Guardian | 2017-08-23 00:00:00 UTC ]
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Gatehouse Media Parent Acquires 11 More Daily U.S. Newspapers

Across the U.S. today, various publications are relaying to their readers some pressing news: they've been sold. Morris Publishing Group, a part of Morris Communications Co., has been purchased by New York-based New Media Investment Group. This means that the Savannah Morning News, the Topeka... Continue reading at AdWeek

[ AdWeek | 2017-08-10 00:00:00 UTC ]
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Industry Notes: Canada’s Shifts in Ebook and Print; London Book Fair Plans a Writer’s Digest Day

In Canada, BookNet's check on sales shows ebooks a bit up, In the UK, a new author day is announced by London Book Fair and the US-based Writer's Digest. The post Industry Notes: Canada’s Shifts in Ebook and Print; London Book Fair Plans a Writer’s Digest Day appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-28 00:00:00 UTC ]
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Profit and revenue rise in Elsevier's first half

Publisher Elsevier saw revenue up 11% in the first half of 2017, to £1,171m, although underlying growth was a more modest 2%. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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Closing the Gap: How Magazine Media is Solving for Print Losses

Time Inc., New York Media and Atlantic Media offer three unique solutions. The post Closing the Gap: How Magazine Media is Solving for Print Losses appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-07-18 00:00:00 UTC ]
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Print Units Up 3% in First Half of 2017

Unit sales of print books rose 3% for the first six months of 2017 compared to the first half of last year at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-06 00:00:00 UTC ]
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Two Minnesota Bookstores Announce Expansion Plans

Moon Palace in Minneapolis and Content Books in Northfield are moving into larger spaces to accommodate customer demand. The stores have both been in business less than five years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-19 00:00:00 UTC ]
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Boys' basketball: After 35 years at Fairfax, Harvey Kitani wins his first Southern Section title

Retirement sure looks good to Harvey Kitani, who spent 35 years coaching at Fairfax High before stepping down as a coach and teacher. But his retirement isn't really a retirement. He took over as head coach at Rolling Hills Prep this season, and on Saturday, Kitani won his first Southern Section... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-03-05 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Magazine Media’s Half-Full Glass

Magazines may have an opportunity to lure marketers back to print, but platform dominance on digital remains an issue. The post Magazine Media’s Half-Full Glass appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-18 00:00:00 UTC ]
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AIM Ends Skiing Magazine’s Print Run after 70 Years

As part of an increased focus on mobile and video, the enthusiast publisher will redirect staff and resources toward sister title Ski magazine. The post AIM Ends Skiing Magazine’s Print Run after 70 Years appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-11 00:00:00 UTC ]
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Childwise report says print reading declines in teen years

Children aged 9-16 spend as much time reading online as reading print materials, although the number of young people reading books, comics and magazines drops in the teenage years, according to a new report. Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Stanfords returns profit for second time in 14 years

Stanfords has made a profit for the second time in 14 years after investing in its festival and awards and licensing its 163-year-old brand. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace

Led by Bruce Springsteen's bestselling 'Born to Run,' S&S CEO Carolyn Reidy reports a profitable year at S&S and a "period of relative stability in the publishing marketplace.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
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Analysis: Print Media’s Moment of Reckoning

How reckless circulation practices only accelerate the demise of consumer magazines. The post Analysis: Print Media’s Moment of Reckoning appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-19 00:00:00 UTC ]
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