News Corp almost doubles its profits on back of digital advertising and subscribers

Rupert Murdoch’s publishing and media giant attributes record profits and revenue to acquisitions and digital transformationRupert Murdoch’s News Corporation has almost doubled its profits in 2021/22 to a record $US760m ($A1.1bn).The US-listed company owns News Corp Australia, as well as numerous mastheads in the US and UK, alongside book publisher HarperCollins and a majority stake in real estate advertising company REA Group. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2022-08-08 23:21:18 UTC ]

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Bertelsmann plans to raise stake in Penguin Random House

German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian

[ The Guardian | 2016-03-22 00:00:00 UTC ]
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Marketers Still Eager to Increase Spending on Facebook and Google, Study Finds

A record 57% of marketers and agencies are allocating 20% or more of budgets to digital advertising, including 23% who earmark more than half of their spending for digital, according to the most recent in a series of studies published by RBC Capital Markets in partnership with Ad Age. Two... Continue reading at Advertising Age

[ Advertising Age | 2016-03-17 00:00:00 UTC ]
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Louise Mensch to launch rightwing site for Rupert Murdoch’s News Corp

Publisher says US-focused site Heat Street will have no ‘safe spaces’Former Tory MP Louise Mensch is to launch a centre-right website for Rupert Murdoch’s News Corp.Mensch tweeted that under her leadership the libertarian website, Heat Street, will be a place where “disagreement will be... Continue reading at The Guardian

[ The Guardian | 2016-02-16 00:00:00 UTC ]
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Bowie was a 'true pioneer' says V&A

David Bowie’s book publisher and director of the V&A museum has called the singer a "true pioneer" and said his death is "a loss to us all". Continue reading at The Bookseller

[ The Bookseller | 2016-01-12 00:00:00 UTC ]
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Rupert Murdoch and top News Corp bosses 'met ministers 10 times in a year'

Media Reform Coalition says meetings between mogul’s executives and the government show little has changed since hacking scandal and Leveson inquiryRupert Murdoch and senior News Corp executives met government ministers 10 times in the year to the end of March 2015, more than any other newspaper... Continue reading at The Guardian

[ The Guardian | 2015-12-15 00:00:00 UTC ]
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Canadian publisher attacks rival for deciding who to support in election

Torstar chief accuses Postmedia chief of failing his group’s newspaper readers by dictating federal election endorsements... for the losing partyIn Britain, where there are a dozen national newspaper titles, most of which are uninhibitedly partisan, it is not considered unduly surprising that... Continue reading at The Guardian

[ The Guardian | 2015-11-10 00:00:00 UTC ]
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Prince Alwaleed sells shares in Asharq Al-Awsat publisher

Saudi prince, who also owns about 1% of Rupert Murdoch’s News Corp, offloads 30% stake in SRMGSaudi billionaire Prince Alwaleed bin Talal’s Kingdom Holding Company has announced the sale of its almost 30% share in a press group that publishes pan-Arab newspaper Asharq Al-Awsat.Kingdom Holding... Continue reading at The Guardian

[ The Guardian | 2015-11-02 00:00:00 UTC ]
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Playing Hot Potatoes With Ad Blocking

Everyone’s to blame for the state of digital advertising, but ad blocking is a problem that’s landed right in publishers’ laps. The post Playing Hot Potatoes With Ad Blocking appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-10-26 00:00:00 UTC ]
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Martin Sorrell on newspaper digital ad slowdown: 'paywalls are the way to go'

WPP chief says publishers cannot rely solely on digital advertising, adding that his marketing services group is re-evaluating its spend on Google and FacebookSir Martin Sorrell has said that the slowdown in digital newspaper advertising growth is proof that publishers should have... Continue reading at The Guardian

[ The Guardian | 2015-10-19 00:00:00 UTC ]
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Rupert Murdoch tweets Obama isn't 'real black president'

The founder of the global News Corp. media empire, Rupert Murdoch, is suggesting that President Obama isn't a "real black president." Murdoch was praising Republican presidential candidate Ben Carson and his wife on Twitter on Wednesday evening when he wrote: "Ben and Candy Carson terrific. What... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-10-08 00:00:00 UTC ]
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Tom Watson to speak at Unite-BookMachine event

Deputy leader of the Labour Party, Tom Watson will address United, We Publish, an evening of workshops hosted by Unite and BookMachine. Watson will discuss his role in exposing the phone-hacking scandal at News International and his book Dial M for Murdoch: News Corporation and the Corruption... Continue reading at The Bookseller

[ The Bookseller | 2015-10-08 00:00:00 UTC ]
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Digital Advertising’s Uncertain Future Focuses on Publishers

A major shakeout is coming to the digital media space as downward pricing pressure squeezes out some players.   Shane Smith, chief executive and co-founder of Vice Media, said the problem is so severe that only digital publishers who are able to ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-08 00:00:00 UTC ]
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Pharrell, publisher donate books to kids in need

Pharrell Williams and his book publisher have launched a "Happy" campaign for young readers. Continue reading at Stuff

[ Stuff | 2015-09-30 00:00:00 UTC ]
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News Corporation to Buy Unruly for Up to $176 Million

News Corporation announced Wednesday that it was buying Unruly, a video ad technology company, in a deal worth up to $176 million that underscores the publishing company’s continued push to remake itself for the digital age.   Fou ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-17 00:00:00 UTC ]
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Rebekah Brooks’ email to News UK staff on first day back – full text

Ex-News of the World chief executive says it ‘feels good to be home’ following appointment as head of Rupert Murdoch’s UK publishing arm Good morning,It is a privilege to be back and many thanks for the warm welcome. Related: Rebekah Brooks' return confirmed as Tony Gallagher is named Sun editor... Continue reading at The Guardian

[ The Guardian | 2015-09-07 00:00:00 UTC ]
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Rebekah Brooks says it ‘is a privilege’ to be back at News UK

Chief executive of Rupert Murdoch’s UK publishing business acknowledges Sun colleagues are still facing trial over alleged corrupt payments for storiesRebekah Brooks has described how good she feels to be back running Rupert Murdoch’s British publishing operation on her first day after being... Continue reading at The Guardian

[ The Guardian | 2015-09-07 00:00:00 UTC ]
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News Corp sees strong growth in digital real estate services and book publishing

The company’s quarterly earnings call beats analysts’ expectations despite a fall in total revenue from the previous quarter and a net loss of $379mNews Corp, owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital real... Continue reading at The Guardian

[ The Guardian | 2015-08-13 00:00:00 UTC ]
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Rupert Murdoch's News Corp. to pay dividend to shareholders

Publishing company News Corp. said its finances are in good shape and that it would begin paying investors a semiannual cash dividend. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-06-18 00:00:00 UTC ]
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Pay up Rupert Murdoch for an innocent member of your staff

Why the News Corporation chair should fund his former journalist’s legal costsI know it isn’t fashionable to champion former staff members of the News of the World. It was the newspaper where phone hacking took place and the resulting scandal was the reason that Rupert Murdoch closed it down.But... Continue reading at The Guardian

[ The Guardian | 2015-06-17 00:00:00 UTC ]
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Magazine Revenue to Climb Slightly as Newspaper Decline Continues

Traditional media companies will continue to feel a financial squeeze over the next four years, as flat or declining revenues are expected at magazine and newspaper publishers even as they post gains in digital advertising and subscriptions, a new report shows.Consumer magazine revenue will be... Continue reading at Advertising Age

[ Advertising Age | 2015-06-03 00:00:00 UTC ]
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