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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Worldwide revenues at HarperCollins have grown by $12m (£9.13m) to $401m (£305.24m) for the first quarter of 2017, with digital sales increasing 6% due to growth in audiobook sales. Continue reading at The Bookseller
[ The Bookseller | 2017-11-11 00:00:00 UTC ]
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European publishers are building audiences on Snapchat, but they think it offers the worst revenue return among major video players. The post Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-10 00:00:00 UTC ]
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The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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After spending two decades pulling bookstore shoppers to its business online, Amazon.com Inc. is trying to lure some of them back to brick-and-mortar stores across the country. Amazon Books has quickly expanded its footprint since opening its first bookstore in Seattle two years ago. Amazon now... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-11-03 00:00:00 UTC ]
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The New York Times, Conde Nast and Time Inc. have hired talent from e-commerce and retail companies for their consumer marketing skills. The post In the hunt for consumer revenue, publishers are hiring e-commerce marketing veterans appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-02 00:00:00 UTC ]
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The Good Journal, a quarterly literary journal launched by Nikesh Shukla and Julia Kingsford to showcase UK BAME writers, has exceeded its £40k crowd-funding target. Continue reading at The Bookseller
[ The Bookseller | 2017-11-02 00:00:00 UTC ]
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The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading at The Bookseller
[ The Bookseller | 2017-10-25 00:00:00 UTC ]
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Google isn't kidding around when it says it wants to make amends with subscription-based news outlets. The search giant's head of news, Richard Gingras, told the Financial Times that the plan is to share revenues with publishers who take advantage o... Continue reading at Engadget
[ Engadget | 2017-10-23 00:00:00 UTC ]
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Businesses in the US now have a new way to sign up with one of Google's booking partners and to add a booking button to their search listing. Anyone in the US with a Google My Business account can benefit from the addition of a booking button that enables people to book a reservation with a... Continue reading at Betanews
[ Betanews | 2017-10-23 00:00:00 UTC ]
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JetBlue Airways is removing its fares and schedules from 11 online travel booking sites, saying the move will cut costs and help keep fares low. The decision follows the lead of Southwest Airlines, which has long kept its booking information from some of the most popular online travel sites.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-10-21 00:00:00 UTC ]
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W H Smith has reported a 2% rise in revenue and a 7% rise in pre-tax profits for the year to end August 2017. However its book business saw a like-for-like revenue drop of 4% on the previous year. Continue reading at The Bookseller
[ The Bookseller | 2017-10-13 00:00:00 UTC ]
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The government wants firms such as Facebook and Twitter to publish annual reports on abuse. Continue reading at BBC News
[ BBC News | 2017-10-11 00:00:00 UTC ]
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Over half of Liberation's mobile revenue comes from Facebook Instant Articles, which accounts for 10 percent of its mobile pageviews. The post French publisher Liberation now gets half of mobile ad revenue from Facebook Instant Articles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-10-04 00:00:00 UTC ]
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Advertisers on Facebook no longer can use offensive search terms such as “Jew hater” and “how to burn Jews” to target specific audiences, the company said Wednesday. The new policy comes a week after ProPublica published a story demonstrating how advertisers could reach thousands of Facebook... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-09-21 00:00:00 UTC ]
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Marilyn Warnick, long-serving Mail on Sunday books editor, handling serial rights, has stepped down from the role after 18 years. Continue reading at The Bookseller
[ The Bookseller | 2017-09-05 00:00:00 UTC ]
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Penguin Random House’s revenues in the first half of 2017 have remained stable at €1.5bn (£1.38bn), building marginally on 2016's first-half revenue by 1.1% year-on-year, its parent Bertelsmann has reported. Continue reading at The Bookseller
[ The Bookseller | 2017-09-01 00:00:00 UTC ]
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W H Smith said it expects its financial results for the year to be in line with expectations, with a continued “strong” performance in its Travel arm with new openings in Italy. Continue reading at The Bookseller
[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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Australia will reportedly begin a 10% tax on books ordered online from within Australia and shipped from abroad. Continue reading at The Bookseller
[ The Bookseller | 2017-08-22 00:00:00 UTC ]
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In July 2018, Australia will begin collecting a 10% tax on books ordered from within Australia online and shipped from abroad. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-21 00:00:00 UTC ]
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The Australian Society of Authors has launched a digital marketplace, showcasing and selling the work of writers to publishers, agents, and literary scouts throughout the world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-17 00:00:00 UTC ]
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