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 ]
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Bloomsbury beat out more than 550 books, journals and digital products across 51 subject categories to take home this year's R.R. Hawkins Award. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-08 00:00:00 UTC ]
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Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-07 00:00:00 UTC ]
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The UK is in danger of losing its children’s television industry, Anne Wood, founder of Ragdoll Productions, has told The Bookseller. Continue reading at The Bookseller
[ The Bookseller | 2018-02-02 00:00:00 UTC ]
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IDW Media reported that sales in its publishing group fell 12.1% in fiscal 2017 compared to fiscal 2016, but that it expects improved results in the current year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-30 00:00:00 UTC ]
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DK is publishing Parent Alert! How To Keep Your Kids Safe Online by celebrity mums and best friends Nadia Sawalha and Kaye Adams this July. Continue reading at The Bookseller
[ The Bookseller | 2018-01-26 00:00:00 UTC ]
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Publishers were able to make decent money on Facebook by making and selling custom videos for advertisers, but that could soon change. The post Facebook news-feed changes will cut into publishers’ branded-content revenue appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-01-22 00:00:00 UTC ]
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Fatherly COO Michael Wertheim discussed the fallout from Facebook’s latest algorithm changes for publishers, diversification of traffic sources and more. The post ‘Reach does not equal revenue’: A Digiday+ Slack town hall with Fatherly COO Michael Wertheim appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-01-19 00:00:00 UTC ]
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The IAC-owned finance information publisher is betting big on a commerce- and subscription-focused Academy product, which has turned Facebook into an ally. The post How Investopedia shifted to subscription revenue with video courses appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-01-12 00:00:00 UTC ]
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Facebook shares were down more than 4% early Friday to $180.10 after the social network announced it was making major changes to its signature News Feed. Facebook said it would begin prioritizing posts from users’ friends and families that spark the most interaction over posts from brands and... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-12 00:00:00 UTC ]
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Rather than compete for dwindling display ad revenue, local digital news publishers are pursuing branded content and consumer revenue instead. The post Local digital news publishers are ignoring display revenue appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-01-03 00:00:00 UTC ]
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Snapchat is looking to get more viewers on its videos by letting publishers post them outside the app.The "Stories Everywhere" video product currently in developmentfirst reported by Cheddar on Wednesdaywould be a way for the company to break out of its insular world and impact the larger... Continue reading at Advertising Age
[ Advertising Age | 2017-12-28 00:00:00 UTC ]
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'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-19 00:00:00 UTC ]
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Facebook says it will book the revenues it earns from selling advertising to Kiwi companies in New Zealand in future. The change is part of worldwide move by Facebook to restructure its accounting and appears a major victory for policy-makers concerned about the way Facebook and many other... Continue reading at Stuff
[ Stuff | 2017-12-15 00:00:00 UTC ]
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Company says it will book advertising revenue in countries where it is earned instead of through Dublin headquartersFacebook has said it will start booking advertising revenue in countries where it is earned instead of re-routing it via Ireland, although the move is unlikely to result in it... Continue reading at The Guardian
[ The Guardian | 2017-12-12 00:00:00 UTC ]
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Richard Johnson, Bonnier Publishing's group chief executive, has slammed the industry's "obsession with targets and quotas" when it comes to addressing lack of diversity in the book world as "nonsense". Continue reading at The Bookseller
[ The Bookseller | 2017-12-02 00:00:00 UTC ]
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Facebook needs to loosen its grip on Watch show sponsorships and mid-roll inventory, publishers say. The post Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-12-01 00:00:00 UTC ]
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"More thought is going into sonic branding." The post Radio broadcaster Global is using news publishers’ data to target audio ads appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-12-01 00:00:00 UTC ]
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Shares in Daily Mail & General Trust slumped the most since 2001 after giving investors news they didn't want to hear: 2018 will essentially be a lost year.The publisher of the Daily Mail newspaper said fiscal 2018 will be a "year of transition," warning of weakness across its businesses, a... Continue reading at Advertising Age
[ Advertising Age | 2017-11-30 00:00:00 UTC ]
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Statutory targets for improving diversity and inclusion are "patronising" and "too easy", according to digital and culture minister Matt Hancock. Continue reading at The Bookseller
[ The Bookseller | 2017-11-14 00:00:00 UTC ]
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European publishers are less likely than U.S. publishers to make most of their digital video revenues from their owned and operated sites. The post Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-13 00:00:00 UTC ]
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