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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Retail website Bookshop.org has made more than £1m in profit for indie bookshops, hitting the milestone just four months after its UK launch. Continue reading at The Bookseller
[ The Bookseller | 2021-02-28 21:26:00 UTC ]
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Chancellor Rishi Sunak will offer shops in England grants of up to £6,000 to help them start trading again in this week's Budget and may also be planning a tax on online retail. Continue reading at The Bookseller
[ The Bookseller | 2021-02-28 15:29:53 UTC ]
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Lauren Oyler’s debut novel brings the reader down a rabbit hole of endless, mindless scrolling, online identities, and conspiracy theories. Fake Accounts follows the journey of a young woman after she discovers that her boyfriend is running an Instagram account spouting dangerous conspiracies... Continue reading at Electric Literature
[ Electric Literature | 2021-02-26 12:00:00 UTC ]
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Simon & Schuster Children’s Books is to launch an audiobook partnership with the Daily Mail. It will also feature a retail tie-in with Waterstones, with a campaign fronted by children’s author and actor Ben Miller (pictured). Continue reading at The Bookseller
[ The Bookseller | 2021-02-24 18:49:20 UTC ]
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'Readers want both digital books as well as the "old-fashioned" print book,' says Lindhardt & Ringhof's CEO. The post Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-02-23 12:58:26 UTC ]
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The expanded department’s objective, Sourcebooks said, is to drive online sales for all of the publisher’s retail partners. The unit will be overseen by Mike Zuccato. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-23 05:00:00 UTC ]
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Self-care and non-fiction subscription box business Wildwoman has launched its own online bookstore to help cope with the pandemic's effects on business. Continue reading at The Bookseller
[ The Bookseller | 2021-02-16 04:31:10 UTC ]
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A year ago next week, under President Trump, the State Department designated five Chinese media outlets—official mouthpieces of their country, with bureaus in the United States—as missions of a foreign government. The next day, China responded by kicking out three reporters for the Wall Street... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-02-12 13:31:13 UTC ]
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The company behind the London Book Fair, the “retired” BookExpo, and other publishing-adjacent events saw revenue plunge by 71% in 2020 compared to 2019. Reed said that, due to the pandemic, it is managing its 2021 event schedule “flexibly.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-11 05:00:00 UTC ]
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Lauren Oyler’s “Fake Accounts” and Patricia Lockwood’s “No One Is Talking About This” critique our Internet-attenuated lives. Continue reading at The Washington Post
[ The Washington Post | 2021-02-10 13:00:00 UTC ]
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Bookshop.org is to introduce more regular shared pool payments for booksellers, in addition to paid advertising which will see bookshops sharing 50% of revenues. Continue reading at The Bookseller
[ The Bookseller | 2021-02-09 07:40:24 UTC ]
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Waterstones is among a number of major retailers to have signed a letter warning Chancellor Rishi Sunak that the business rates burden on shops is risking thousands of high street jobs. Continue reading at The Bookseller
[ The Bookseller | 2021-02-07 17:20:06 UTC ]
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CAMP had to shift from brick-and-mortar to a strategy that more directly resembles a digital publisher with a penchant for e-commerce. The post ‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-02-03 05:01:00 UTC ]
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CAMP had to shift from brick-and-mortar to a strategy that more directly resembles a digital publisher with a penchant for e-commerce. The post ‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-02-03 05:01:00 UTC ]
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Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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“Fake Accounts,” Lauren Oyler’s debut novel, considers how social media has reconfigured our behavior, relationships and how we think of ourselves. Continue reading at The New York Times
[ The New York Times | 2021-02-01 10:00:02 UTC ]
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Oyler’s debut novel is about a smart, irascible narrator who is steeped in the concerns and tone of social media. Continue reading at The New York Times
[ The New York Times | 2021-01-26 21:16:27 UTC ]
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Julia Donaldson and Axel Scheffler's classic picture book The Gruffalo (Macmillan Children's Books) has now been translated into 105 languages and dialects. Continue reading at The Bookseller
[ The Bookseller | 2021-01-21 10:52:32 UTC ]
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'In the last year, we've really seen the importance of reliable digital products' amid the constraints of the pandemic, says David Clark. The post Oxford University Press Puts Its Full ‘World Classics’ List Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-15 21:53:45 UTC ]
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Andersen Press is to relaunch its weekly online children's storytime sessions in partnership with Seven Stories, the National Centre for Children's Books. Continue reading at The Bookseller
[ The Bookseller | 2021-01-15 10:26:35 UTC ]
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