Meredith Increases Dividend by 50% and Authorizes a $100 Million Stock Repurchase

This story first appears on FOLIO: sister site, minonline. Meredith Corp. chairman/CEO (since July 2004) Steve Lacy announced that the board of directors approved a $1.02-to-$1.53 per-share increase in the quarterly dividend paid to investors and authorized the repurchase of $100 million of common stock. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2011-10-27 00:00:00 UTC ]
News tagged with: #sister site #meredith corp #$100 million #common stock

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Bolstered by Digital, Meredith Stabilizes

Judging by its 2014 fiscal first half earnings report, Meredith's National Media Group is stabilizing as it continues to diversify its revenue streams and adapt to a changing marketplace. The publisher of brands like Better Homes & Gardens and Parents saw revenue increase slightly to $517... Continue reading at Folio Magazine

[ Folio Magazine | 2014-01-31 00:00:00 UTC ]
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Kate DiCamillo's 'Flora & Ulysses' earns author a second Newbery award

Kate DiCamillo wins Newbery: The awards, the most prestigious in children's publishing, were announced Monday by the American Library Association. DiCamillo, a popular and acclaimed author, won the Newbery a decade ago for 'The Tales of Despereaux.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-29 00:00:00 UTC ]
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Issues on the Ether: Profit-Sharing Authors

Porter Anderson looks at Ian K. Ellard's concept of authors sharing profits with publishing-services experts in his winning essay at The Bookseller, The Toast. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-28 00:00:00 UTC ]
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South Korea authors heading for LBF

Ten prominent South Korea writers will attend the Korea Market Focus cultural programme at the... Continue reading at The Bookseller

[ The Bookseller | 2014-01-27 00:00:00 UTC ]
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Gollancz acquires trilogy from teenage author

Gollancz has acquired a trilogy written by a 17-year-old girl, which will “appeal to both... Continue reading at The Bookseller

[ The Bookseller | 2014-01-24 00:00:00 UTC ]
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Does digital publishing mean the death of the author? | Richard Lea

We used to know what it took to be a writer – you had to publish a book. But electronic publishing is piling pressure on myths of the author's lifeWhat's the difference between making money out of books and writing books that people want to buy? Turns out it's about 40% – if, that is, you... Continue reading at The Guardian

[ The Guardian | 2014-01-23 00:00:00 UTC ]
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Independent website could net Lebedevs millions in standalone sale

Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
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Pan Mac cites 4.3% print sales increase for 2013

Pan Macmillan has said its physical book sales in the UK grew by 4.3% in value in 2013. The... Continue reading at The Bookseller

[ The Bookseller | 2014-01-22 00:00:00 UTC ]
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Pew survey: Reading of print books increased in 2013

The Pew survey found that e-reading increased as well but that more adults read a print book in 2013 than in the previous year. 'Print remains the foundation of Americans’ reading habits,' the report stated. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-18 00:00:00 UTC ]
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Author Vanessa Curtis sets up literary consultancy

Author Vanessa Curtis, whose novels include Zelah Green and The Haunting of Tabitha Grey (both... Continue reading at The Bookseller

[ The Bookseller | 2014-01-17 00:00:00 UTC ]
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DBW 2014: Survey Finds Most Authors Want to Earn More

The Digital Book World/Writer's Digest 2014 survey, which polled just over 9,000 authors, found that many, given the chance, would still opt for a traditional book deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-15 00:00:00 UTC ]
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Oyster Raises $14 Million More

Oyster, the recently launched ebook subscription service, has raised $14 million in its latest funding round. The new funding was led by Highland Capital Partners and includes participation from the existing Founders Fund which was led by Peter Thiel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Adult Books & Authors at Wi9

A comprehensive list of the writers to look for and galleys and finished books available at the ABA conference. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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A Complete List of Children's Books and Authors at Wi9

PW has compiled a list of the children's books and galleys being given away at this year's Winter Institute, along with the buzz about why specific authors are attending. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Personalised digital magazine app Flipboard aims for 150 million users

Company plans enhanced discovery and search tools to explore the 5m magazines already createdPersonalised digital magazine app Flipboard is aiming to pass 150 million users in 2014, thanks to enhanced discovery and search tools that will allow users to better explore the 5m individual online... Continue reading at The Guardian

[ The Guardian | 2014-01-13 00:00:00 UTC ]
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Major library cuts approved by Welsh authority

Rhondda Cynon Taf has approved budget plans that will see more than half of its 26 libraries... Continue reading at The Bookseller

[ The Bookseller | 2014-01-09 00:00:00 UTC ]
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Author Starts Indiegogo Campaign to Buy Main Street

Although she has yet to make an offer, a local author and blogger launched an Indiegogo campaign Monday to raise $15,000 by February 5 to purchase Main Street Books in St. Charles, Mo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-07 00:00:00 UTC ]
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Why Don’t More Bookstores Stock Self-published Titles?

Bricks-and-mortar bookstores are missing a huge opportunity by failing to take advantage of the self-publishing revolution, argues Tanja Tuma. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-06 00:00:00 UTC ]
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Wattpad Grew to 18 Million Users in 2013

Wattpad, the online writing and reading community, continued its long arch of membership growth and increased social connectivity, finishing 2013 with more than 18 million registered users according to data released by the company today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
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Industry Stocks Soared in 2013

Aided by one of the biggest bull rallies in years, the core Publishers Weekly Stock Index soared 51.2% in 2013, almost double that of the gain posted by the entire Dow Jones Industrial Average. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-03 00:00:00 UTC ]
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