Mail Online targets £60m revenues in 2014

Publisher aims to continue 2013's 50% growth to hit point at which website's income would exceed newspapers' declineMail Online has set a target of making more than £60m in revenues in 2014, with executives saying it is close to more than offsetting revenue declines at the Daily Mail and Mail on Sunday.The Daily Mail website, which on Thursday reported £41m in revenue for the year to 30 September in Daily Mail & General Trust's annual results, will need to maintain growth of 50% to hit the target in 2014."Maybe this is the year we see growth in Mail Online exceed the decline in Mail newspapers," said the DMGT finance director, Stephen Daintith."We are getting close now, last year [2012] the gap was 3% [decline], this year 2%. We may see in fiscal 2014, certainly we would hope to see by 2015, that it will move into positive [revenue growth] territory. It will be a very pleasing moment."Daintith admitted that Mail Online had just missed its revenue forecast of £45m for the year to the end of September."It came in a little bit short, August and September were a little below expectations," he said. "But revenue growth has accelerated [again] in the first seven weeks of DMGT's new financial year to 49%. At around 50% we hope to go past the £60m revenue mark [in 2014]."Of the £41m in revenue Mail Online made last year, £5m came from its burgeoning US operation.Daithith added that he expects the revenue growth rate in the US to outstrip the hefty 50% rate forecast for the UK... Continue reading at 'The Guardian'

[ The Guardian | 2013-11-21 00:00:00 UTC ]
News tagged with: #tipping point #print newspapers #newspaper operations

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Beijing Book Fair confirms it will be online only

The Beijing International Book Fair has finally made a public confirmation that it will be held as an online edition only this year. BIBF begins on 26th August. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 20:03:58 UTC ]
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This year’s National Book Awards Ceremony will be held online.

The National Book Foundation has announced that this year’s National Book Awards events—including the 71st annual ceremony—will be held digitally, due to the ongoing, not-even-remotely-controlled, coronavirus pandemic. Lisa Lucas, the National Book Foundation’s Executive Director, said of the... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-10 14:22:53 UTC ]
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The best of Lululemon’s online sale, from tank tops to swim trunks

Markdowns are live for five days only. Lululemon rarely has markdowns, but the online shopping deities have blessed us with the opportunity to shop the athleticwear brand’s stretchy, flattering, soft, comfortable-as-hell goodies on sale. Lulu is featuring on-sale gear and apparel in every... Continue reading at Fast Company

[ Fast Company | 2020-07-09 10:51:22 UTC ]
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PRH accelerates inclusion plan with targets on leadership, hires and books

Penguin Random House has published an “accelerated inclusion plan”, including a commitment on "radical and urgent action" to make its senior leadership teams representative of UK society. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 07:47:24 UTC ]
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Target non-traditional media to make campaigns inclusive, Seaward says

Publishers need to target non-traditional outlets and realise the media has changed if they want to make their book campaigns more inclusive, Dialogue senior publicity manager Millie Seaward has said. Continue reading at The Bookseller

[ The Bookseller | 2020-07-07 06:42:34 UTC ]
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A Literary Festival for Diverse Voices Finds a Home Online

What happens when you hand over the reins of a literary festival to the hosts of the popular feminist podcast Call Your Girlfriend? You get By The Books: A Collection of Rising Voices, a highly diverse online lit fest. By The Books starts today and is curated by Ann Friedman and Aminatou... Continue reading at AdWeek

[ AdWeek | 2020-07-06 20:50:30 UTC ]
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British Book Awards: Online and Upbeat, a Busy Round of the Nibbies

The 2020 British Book Awards are announcing prize winners in two parts online, the industry awards first, followed by the book awards. The post British Book Awards: Online and Upbeat, a Busy Round of the Nibbies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-29 16:44:39 UTC ]
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Coronavirus Update: BISG’s Annual Meeting ‘Repositions’ Online

The Book Industry Study Group–focused on supply chain in the United States–is reformatting its annual meeting to a series of digital events held over weeks. The post Coronavirus Update: BISG’s Annual Meeting ‘Repositions’ Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-29 14:01:13 UTC ]
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Frankfurter Buchmesse Adds an Online BookFest: Call for Proposals

The city-based BookFest is still being programmed for venues in Frankfurt. Now, Frankfurter Buchmesse adds a 16-hour single-day digital program. The post Frankfurter Buchmesse Adds an Online BookFest: Call for Proposals appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-29 12:16:21 UTC ]
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How To Start An Online Book Club From The Library

Steps for starting an online library book club, or converting an existing one that’s been on hiatus, while we wait for the ability to meet in person again. Continue reading at Book Riot

[ Book Riot | 2020-06-26 10:39:54 UTC ]
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Amid Crowded Q3 Events Slate, Farm Journal Targets an “Industry Institution”

Being a 144-year-old information provider to the agricultural industry, Farm Journal Media typically likes to stage its development deliberately. But when the COVID-19 pandemic rendered all-important live events off-limits, CEO Andy Weber describes the ensuing weeks at the company as more like... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-25 13:36:08 UTC ]
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Confederate monument enthusiasts targeted my store—and it comically backfired.

I purchased an independent bookstore in Salisbury, North Carolina just six months ago, after taking leave from my career as a foreign service officer with the U.S. Department of State. After tours in Afghanistan, India, and other cities overseas, I was eager to give my four-year-old daughter... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-23 17:42:00 UTC ]
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Frankfurter Buchmesse ‘Sends’ Publishers, Agents to Cannes Online

Frankfurt's program in which publishers and agents can present properties to producers at Cannes this year is playing out in the digital space. The post Frankfurter Buchmesse ‘Sends’ Publishers, Agents to Cannes Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-23 03:05:13 UTC ]
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China Bestsellers May: ‘Online Literature’ Powers a Trilogy

Book market developments in May point to growth in China's already powerful 'online literature' sector, led by the 'Ran Freely' trilogy by Wu Zhe. The post China Bestsellers May: ‘Online Literature’ Powers a Trilogy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-22 14:38:30 UTC ]
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Nibbies on the Ether: The British Book Awards Online at 30

The next awards program to move online is the 'Nibbies,' set for June 29 with access available to readers as well as to book business players. The post Nibbies on the Ether: The British Book Awards Online at 30 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-22 09:40:01 UTC ]
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B2B Publishers Call to End Data Misuse in Online Ad Auctions

A group of B2B publishers and ad tech firms are banding together to curtail the harvesting of publisher-specific data from online ad auctions by third-parties, a practice they argue is an unauthorized breach which places their relationships with their audiences at risk. Referred to as data... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-17 21:29:40 UTC ]
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Publishing revenues to plunge and thousands of jobs at risk, report says

Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 06:06:17 UTC ]
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Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
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CUP's online coronavirus essays prove a hit with readers

Cambridge University Press has revealed that its collection of online essays about coronavirus, Cambridge Reflections: Covid-19, has attracted 44,000 visitors in the month since it launched. Continue reading at The Bookseller

[ The Bookseller | 2020-06-11 09:01:30 UTC ]
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Child, Cole and Rankin join online festival in support of food banks

Crime fiction writers, including Lee Child, Martina Cole and Ian Rankin, are participating in an online festival to raise money for the food bank charity Trussel Trust. Continue reading at The Bookseller

[ The Bookseller | 2020-06-07 14:34:19 UTC ]
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