Meredith Claims Improved Ad Results, Strong Circ Business in Q3

Meredith Corp. execs touted what they saw as encouraging signs for both print and digital advertising as well as a significant uptick in consumer-driven revenue on an earnings call Friday reporting the company's performance in the third quarter of 2019 (Meredith's fiscal years start in July and end in June). On the print side, the combined Meredith/Time Inc. portfolio was down only 7% in advertising revenue, according to president and CEO Tom Harty, compared to double-digit losses in the preceding quarters, while digital advertising "was up a couple percentage points" on a comparable basis—meaning just looking at February and March year-over-year, as the Time Inc. acquisition wasn't completed until January 31, 2018. "We said we would improve the print advertising performance of the acquired Time Inc. properties to Meredith's historic levels over time, and we did," added National Media Group president Jon Werther, crediting the application of Meredith's standards and practices to the Time Inc. properties and further investment in sales and marketing teams for the improved results over previous quarters. Moreover, Werther said digital ad revenues on the same comparable basis increased year-over-year, "despite a challenging digital advertising environment," similarly citing the application of best practices in audience development and yield management across the portfolio, as well as a new unified CMS providing all of its brands access to "premium ad products." Meanwhile,... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-05-14 16:48:23 UTC ]
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HarperCollins apologizes to Russian billionaire over book claiming Putin ordered Chelsea soccer team purchase

“Putin’s People” author Catherine Belton said the claim on Roman Abramovich’s acquisition of Chelsea “has not been admitted to be false.” Continue reading at The Washington Post

[ The Washington Post | 2021-12-23 08:51:35 UTC ]
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Strong festive footfall despite Covid but indies concerned lockdown may follow

Indie bookshops are reporting strong trading this Christmas despite the Covid-19 surge, though there is concern they could face a fresh lockdown after the festive period. Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 03:34:21 UTC ]
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Roman Abramovich settles libel claim over Putin biography

Russian oligarch ends his case against journalist Catherine Belton over her book Putin’s PeopleThe Russian oligarch Roman Abramovich has settled his libel claim against the journalist Catherine Belton over her best-selling book Putin’s People, after an agreement was reached late on Tuesday.The... Continue reading at The Guardian

[ The Guardian | 2021-12-22 11:36:02 UTC ]
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Pinch of Nom: Comfort Food claims the Christmas number one

Kay Featherstone and Kate Allinson's Pinch of Nom: Comfort Food (Bluebird) has claimed the Christmas Number One, selling 56,367 copies. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 22:54:01 UTC ]
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When Boeing put profit over quality in the 737 Max, the result was tragedy

Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post

[ The Washington Post | 2021-12-17 13:00:00 UTC ]
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Heligo set to launch into business and smart thinking space with fresh approach

Bonnier Books UK’s new list Heligo Books is seeking to broaden the market for business and smart thinking books by reaching new audiences with strong branding, says its editorial director Rik Ubhi. Continue reading at The Bookseller

[ The Bookseller | 2021-12-17 03:27:21 UTC ]
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Snap, Nielsen: Snap Ads Drive Double the ROI for CPGs vs. Industry Benchmarks

Snap Inc. commissioned two analyses from Nielsen to help it quantify sales driven by ads on the Snapchat platform for advertisers in the consumer packaged goods and beauty categories in the U.S. The company said in a blog post that advertisers are turning to measurement strategy market mix... Continue reading at AdWeek

[ AdWeek | 2021-12-16 22:30:00 UTC ]
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Penguin Business lands diversity guide for 'straight, white male leaders'

Penguin Business has landed a guide to diversity and inclusion aimed at "straight, white male leaders" by Suki Sandhu and Felicity Hassan. Continue reading at The Bookseller

[ The Bookseller | 2021-12-08 16:21:21 UTC ]
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‘Stories From the Malaysian Archipelago’—And Kuala Lumpur’s Book Business

As the Malaysian Book Council promotes international rights availabilities for books from its market, one publisher there talks about his company's pandemic experience. (Sponsored) The post ‘Stories From the Malaysian Archipelago’—And Kuala Lumpur’s Book Business appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-12-01 10:22:31 UTC ]
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Who Owns a Recipe? A Plagiarism Claim Has Cookbook Authors Asking.

U.S. copyright law protects all kinds of creative material, but recipe creators are mostly powerless in an age and a business that are all about sharing. Continue reading at The New York Times

[ The New York Times | 2021-11-29 21:11:57 UTC ]
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Russian oil giant Rosneft discontinues claim against Putin's People

Russian state oil company Rosneft is discontinuing its remaining claim against HarperCollins over comments made in Catherine Belton's book Putin's People (William Collins). Continue reading at The Bookseller

[ The Bookseller | 2021-11-26 19:40:03 UTC ]
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It’s Not About the Latte: Business and Personal Finance Books 2021

New personal finance guides eschew penny-pinching admonishments in favor of empowering readers to shift their money mindsets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-26 05:00:00 UTC ]
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The Way We Work: Business and Personal Finance Books 2021

Covid-19 has irrevocably redefined the phrase “office space,” and new books assess what it means for the future of employment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-26 05:00:00 UTC ]
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Do the Right Thing: Business and Personal Finance Books 2021

It’s time for a kinder, gentler C-suite, suggest consultants and coaches in these new books on applying the Golden Rule to the bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-26 05:00:00 UTC ]
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The Great and Powerful Oz(zes): Business and Personal Finance Books 2021

These new books draw back the curtain to depict the individuals pulling the levers at some of the past century’s most powerful organizations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-26 05:00:00 UTC ]
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Future of TV Briefing: How the TV ad measurement landscape has changed since summer

The Future of TV Briefing this week reviews the flurry of activity on the TV ad measurement front since the summer when the Media Rating Council stripped Nielsen of its accreditation and NBCUniversal opened the doors to alternative providers. The post Future of TV Briefing: How the TV ad... Continue reading at Digiday

[ Digiday | 2021-11-24 05:01:00 UTC ]
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Nielsen Will Measure TV Audiences For Individual Ads in C3 Overhaul

C3, TV's standard metric for commercial measurement since 2007, could be on its last legs. Nielsen said today it will create more precise Nielsen Individual Commercial Metrics, in which its audience estimates will be based on each individual ad, instead of overall commercial minutes. The switch,... Continue reading at AdWeek

[ AdWeek | 2021-11-22 14:00:00 UTC ]
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Publishing industry 'needs to collaborate' to improve sustainability

The publishing industry needs to collaborate in order to improve its sustainability, because the size of the challenge is “so enormous” FutureBook audiences were told today. Continue reading at The Bookseller

[ The Bookseller | 2021-11-20 06:42:09 UTC ]
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