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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Emily Oster says you should run your family like a business. Does that work in 2021 — or ever?

In the new book ‘The Family Firm,’ the controversial economics professor shares how to use meetings, rules and data to sort out parenting decisions Continue reading at The Washington Post

[ The Washington Post | 2021-07-30 12:00:00 UTC ]
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Pearson reports 'strong rebound' as it launches student subscription app

Pearson’s underlying revenue increased by 17% in the first half of 2021, reflecting a “strong rebound” from last year, and “encouraging momentum in the underlying business”. The company has also announced a new college app launching in the US today, called Pearson+.  Continue reading at The Bookseller

[ The Bookseller | 2021-07-30 05:24:08 UTC ]
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Hachette UK hails 'strong' first half as Lagardère begins to recover

Hachette UK has celebrated “an extremely strong" first half as parent company Lagardère showed a path to recovery in the six months to end of June 2021, with its publishing arm recording some decade-high results.  Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 10:16:57 UTC ]
More news stories like this | News stories tagged with: #extremely strong #hachette uk #hachette #lagardère


Livid Trump Wanted Person Who Leaked Bunker Story Executed, New Book Claims

Trump was taken to the White House bunker during protests last year over the police killing of George Floyd. Continue reading at The Huffington Post

[ The Huffington Post | 2021-07-14 04:58:33 UTC ]
More news stories like this | News stories tagged with: #police killing #george floyd


In-Person, Online: Edinburgh International Book Festival’s Business of Books

Amid some 250 events in August's hybrid edition of the Edinburgh International Book Festival, a group of programs welcomes industry players. The post In-Person, Online: Edinburgh International Book Festival’s Business of Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-07-09 18:10:26 UTC ]
More news stories like this | News stories tagged with: #books appeared #hybrid edition


Bookshop.org Continues to See Strong Sales

With the reopening of bookstores across the U.S. to in-store customers, Bookshop.org has seen sales slip in the April-June period compared to the second quarter of 2020, but sales for the entire first half of 2021 are still up 17%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #strong sales #sales slip #in-store customers


21 Books for the 21st Century: The Results of Our Readers’ Poll, by The Editors of WLT

Lit Lists Earlier this spring, the editors of WLT invited twenty-one writers to nominate a single book, published since the year 2000, that has had a major influence on their own work, along with a brief statement explaining their choice. We published... Continue reading at World Literature Today

[ World Literature Today | 2021-06-28 13:32:05 UTC ]
More news stories like this | News stories tagged with: #world war #twentieth century #claire messud #short stories #book written


DHH Agency celebrates decade in business with expansion and major deals

The DHH Literary Agency is celebrating its 10th anniversary this month with an expansion accompanied by a string of major debut writer deals signed through lockdown Zoom sessions. Continue reading at The Bookseller

[ The Bookseller | 2021-06-21 13:29:00 UTC ]
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Portuguese-Language SDG Book Club: Open for Business

The Portuguese-language SDG Book Club is divided into an effort in Portugal and a sister program in Brazil, each announcing its reading list. The post Portuguese-Language SDG Book Club: Open for Business appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-10 14:49:12 UTC ]
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PRH and Waterstones resolve dispute and return to 'business as usual'

Penguin Random House and Waterstones say they have returned to “business as usual” following a dispute that saw the bookseller limit the visibility of PRH titles in its stores. Continue reading at The Bookseller

[ The Bookseller | 2021-06-04 12:14:36 UTC ]
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Bloomsbury and Granta claim three each on Orwell Prize shortlists

Bloomsbury and Granta have three titles each shortlisted for the Orwell Prize for Political Writing, and Political Fiction. Continue reading at The Bookseller

[ The Bookseller | 2021-05-28 23:46:28 UTC ]
More news stories like this | News stories tagged with: #orwell prize #political writing #political fiction #bloomsbury


High court casts doubt on media companies’ claim of not being responsible for defamatory comments on social media posts

News Corp and Fairfax Media challenge ruling they are liable for defamatory comments on their Facebook postsThe high court has cast doubt on media companies’ claims that they are not responsible for defamatory comments on their social media posts. Fairfax Media and News Corp have taken the... Continue reading at The Guardian

[ The Guardian | 2021-05-18 07:19:27 UTC ]
More news stories like this | News stories tagged with: #media companies #fairfax media #high court #defamatory material #facebook comments #northern territory #royal commission #fairfax #news corp


Everyone wants a piece of Bluey – even the Morrison government is falsely claiming credit | Amanda Meade

Paul Fletcher makes the hit children’s TV show part of his budget announcement. Plus: News Corp lets go of its last photographersBluey, the Emmy award-winning children’s television show, is a smash hit for ABC Kids and has won the hearts of families Australia-wide. Continue reading... Continue reading at The Guardian

[ The Guardian | 2021-05-14 06:34:16 UTC ]
More news stories like this | News stories tagged with: #morrison government #television show #smash hit #news corp


RBmedia Buys M-H Professional Audiobook Business

RBmedia has acquired the audiobook publishing business of McGraw-Hill Professional in a deal that adds about 400 business books to the audio publisher's list, chief content officer Troy Juliar said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #mcgraw-hill professional #audio publisher #mcgraw-hill #audiobook


BA launches action group to improve diversity in bookselling

The Booksellers Association is launching an Equality, Diversity & Inclusion Action Group, as part of its work to improve diversity within bookselling and the wider trade. Continue reading at The Bookseller

[ The Bookseller | 2021-05-10 15:18:27 UTC ]
More news stories like this | News stories tagged with: #improve diversity #wider trade #booksellers association


Without Trade Unit, Q1 Results Stabilized at HMH

First quarter sales at learning technology company Houghton Mifflin Harcourt fell 3.7% compared to last year's first period, but its bottom line showed improvement. The trade group saw a 12% jump in sales, but those revenues are not included in HMH's official results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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Ad Age Agency Report 2021: Rankings and analysis

Ad Age Agency Report is an annual ranking and analysis of advertising and marketing-services agencies. The report includes rankings based on U.S. and worldwide revenue. We have published Ad Age Agency Report every year since 1945. We published Ad Age Agency Report 2021 on May 3, 2021. A... Continue reading at Advertising Age

[ Advertising Age | 2021-05-02 18:39:14 UTC ]
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SPCK buys Lion Hudson's publishing business

The Society for Promoting Christian Knowledge (SPCK) is acquiring the publishing business of Lion Hudson from the AFD Group to become the UK’s largest Christian publisher.    Continue reading at The Bookseller

[ The Bookseller | 2021-04-21 20:30:24 UTC ]
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Panel Mania: MPLS Sound by Joseph Illidge, Hannibal Tabu and Meredith Laxton

'MPLS Sound' is a new graphic novel by Joe Illidge, Hannibal Tabu, and Meredith Laxton that explores the music scene in 1970s Minneapolis and the impact of Prince through the experiences of Starchild, a fictional band organized by Theresa, a young guitarist. In this 8-page preview, a surprised... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-12 04:00:00 UTC ]
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Granta and Dialogue claim multiple titles on Orwell Prize longlists

Titles from Dialogue Books and Granta have made the longlists for the Orwell Prize for Political Writing and Prize for Political Fiction. Continue reading at The Bookseller

[ The Bookseller | 2021-04-10 00:25:15 UTC ]
More news stories like this | News stories tagged with: #political fiction