Publisher of the Guardian and Observer to announce 25% rise in revenues in year to end of March 2014The Guardian is expected to report an increase in digital revenues of more than a quarter to almost £70m in the last year, as the future of its national newspaper titles is secured for the forseeable future following a £619m cash injection.Guardian News & Media – the publisher of the Guardian, Observer and the theguardian.com – will report a 25% rise in digital revenues from £55m to almost £70m in the year to the end of March 2014.The Guardian's monthly web browsers stand at more than 80 million, less than half that of the world's largest newspaper site Mail Online, which says it expects to hit £60m in revenues by the end of September.The increase in the Guardian's digital revenues comes as the publisher confirms the safety of its print potfotlio, as the company offcially reveals that the sale of 50.1% of the parent of AutoTrader to joint venture partner Apax will net £619m."We can look forward to an era of editorial innovation from the Guardian titles, which are proven pioneers of both journalism and digital distribution," said Dame Liz Forgan, chair of the Scott Trust, "The unique contribution made by the Guardian to national and international debate is now secure for generations to come."Guardian Media Group, the parent of the publisher of the Guardian, sold its remianing 50.1% stake in the parent of AutoTrader group to five-year partner Apax in January."Completion... Continue reading at 'The Guardian'
[ The Guardian | 2014-03-04 00:00:00 UTC ]
News tagged with:
#continuing popularity
#majority stake
#significant investment
Written By: Charlotte Williams The Publishers Association [PA] has attacked the culture secretary's decision to allow communications watchdog Ofcom to "delay" the Digital Economy Act. Culture Secretary Jeremy Hunt announced yesterday [1st February] that Ofcom is to assess whether the Act's... Continue reading at The Bookseller
[ The Bookseller | 2011-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#copyright infringement
#culture secretary
#charlotte williams
Hearst Corp. announced today that it has made an offer of 651 million euros (or about $889 million) for Lagardere's international press and magazine business, including 102 titles in 15 countries, and 50 related Web sites. The deal includes publishing rights to Elle in 15 countries as well as 10... Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#magazine business
#announced today
#digital units
#hearst corp
There was no shortage of debates and discussions at last week's second annual Digital Book World, where about 1,300 members of the trade publishing industry turned out in New York to explore ways to navigate the digital transition. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#digital transition
Mobile app downloads will increase 117 percent to 17.7 billion worldwide while mobile application store revenue will grow to more than $15.1 billion in 2011, a 190 percent increase, according to Gartner Inc. In 2010, app stores generated an estimated $5.2 billion from both download sales and... Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#advertising revenue
Written By: Katie Allen E-books are to be accepted for entry for the Man Booker prize for the first time in 2011 as a number of changes are made to the rules. Publishers are being asked to submit a digital version of their submissions as judges are to be supplied with e-readers for the first... Continue reading at The Bookseller
[ The Bookseller | 2011-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#digital version
#man booker
While publishers and Apple haggle over the pending launch of a digital newsstand, Barnes & Noble took the opportunity to remind everyone that it not only has a functional newsstand, but it's chugging right along. Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#barnes noble
#digital newsstand
Written By: Barbara Casassus Market research firm GfK has predicted that 1 million tactile tablets will be sold in France this year. A total of 435,000 worth 220 million euros were sold here in 2010, a strong start for the new market. Although tablet sales for Christmas were reported not to... Continue reading at The Bookseller
[ The Bookseller | 2011-01-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#strong start
#tablet sales
Borrowers can create a wish list queue of books they would like to read and lenders earn 1 credit for every 5 books they list on the site as available for borrowing. Continue reading at PC World
[ PC World | 2011-01-27 00:00:00 UTC ]
More news stories like this |
The assets of music magazine Pastewhich folded in print last fall but kept Pastemagazine.com alivehave been sold to Wolfgang's Vault, owner of a variety of music sites including Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#digital edition
Total revenue jumped 9 percent to $367 million for Meredith Corp in the second quarter of fiscal 2011, driven by strong advertising growth and integrated marketing services. Total advertising revenue for the first six months of fiscal 2011 jumped 11 percent to $420 million (with total revenue of... Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#large part
#total revenue
#$420 million
#meredith corp