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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OpenAI and Wall Street Journal owner News Corp sign content deal

Deal lets ChatGPT maker use all articles from Wall Street Journal, New York Post, Times and Sunday Times for AI model developmentChatGPT developer OpenAI has signed a deal to bring news content from the Wall Street Journal, the New York Post, the Times and the Sunday Times to the artificial... Continue reading at The Guardian

[ The Guardian | 2024-05-22 21:39:09 UTC ]
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News Corp’s Rebekah Brooks joins Lachlan Murdoch in Sydney ahead of major Australian newspaper restructure

Staff brace for significant cuts as media giant prepares to make moves to counter decline of print and slow advertising marketGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch has been joined in Sydney by the News Corp UK boss, Rebekah Brooks, and global... Continue reading at The Guardian

[ The Guardian | 2024-05-22 11:07:22 UTC ]
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Latin American Publishers on Children’s Books, and Markets

For a Latin American publisher, it’s harder to enter Spain than the United States, one children's book publisher said at Bogotá's book fair. The post Latin American Publishers on Children’s Books, and Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-20 19:58:13 UTC ]
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News Corp quotes anti-immigration TikToker but fails to reveal ex-One Nation MP adviser role

Daily Telegraph featured Jordan Knight as a spokesperson for his self-founded Migration Watch• Follow our Australia news live blog for latest updates• Get our morning and afternoon news emails, free app or daily news podcastAn anti-immigration TikToker was featured in the Daily Telegraph as a... Continue reading at The Guardian

[ The Guardian | 2024-05-04 00:00:27 UTC ]
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Google to pay News Corp to fund AI push

Deal part of Google News Initiative to fund various journalism projects and content from news organizations. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-05-01 13:36:48 UTC ]
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Deals of the Day: April 26

LeasesStartup moving headquarters to Refinery at DominoAddress: 300 Kent Ave., BrooklynLandlord: Two Trees Management Co.Tenant: WhopLease size: 9,554 square feetAsset type: OfficeChildren’s book publisher inks Midtown South leaseAddress: 381 Park Ave. South, ManhattanLandlord: ATCO Properties... Continue reading at Crains New York

[ Crains New York | 2024-04-26 15:25:09 UTC ]
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Rizzoli International to Acquire Chelsea Green Publishing

The New York City–based subsidiary of Italian publisher the Mondadori Group has agreed to acquire the White River Junction, Vt.–based independent book publisher of titles on politics and sustainability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-15 04:00:00 UTC ]
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The Sun loses £66m amid costs from phone-hacking scandal

British arm of Rupert Murdoch’s News Corp empire reports near-£54m deficit due to TalkTV costsThe Sun lost £66m last year and its online audience dropped by 4 million readers as the newspaper continued to grapple with the fallout from the phone-hacking scandal.Total losses at the Murdoch-owned... Continue reading at The Guardian

[ The Guardian | 2024-04-09 14:02:36 UTC ]
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Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretaryBusiness live – latest updatesMedia groups have reportedly shown fresh interest in a takeover of the Telegraph and Spectator alongside Redbird IMI, the UAE backed consortium.Bloomberg said Rupert Murdoch’s... Continue reading at The Guardian

[ The Guardian | 2024-03-12 14:46:36 UTC ]
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Rupert Murdoch, 92, to wed retired molecular biologist Elena Zhukova, 67

It will be the billionaire’s fifth wedding, five months after he stepped down from his News Corp media empireThe media mogul Rupert Murdoch is engaged for a sixth time, it emerged on Thursday, this time to Elena Zhukova, a retired scientist.Murdoch’s office announced that the 92-year-old is set... Continue reading at The Guardian

[ The Guardian | 2024-03-07 23:53:05 UTC ]
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Kerry O’Brien criticises ABC, saying management needs ‘clarity of thought’ as Ita Buttrose departs

Former 7.30 and Lateline host uses interview ahead of chair’s final day to argue ABC in danger of losing its way and drifting closer to commercial modelFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe ABC is in... Continue reading at The Guardian

[ The Guardian | 2024-03-05 00:32:30 UTC ]
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Meta is killing the Facebook News tab in the US and Australia

In early April, the Facebook News tab will start disappearing for users in the US and Australia. Meta has announced that it's deprecating the dedicated tab found in the bookmarks section of its social network as part of its efforts to "align [its] investments to [its] products and services... Continue reading at Engadget

[ Engadget | 2024-03-01 08:27:50 UTC ]
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Google sued for $2.3bn by European media groups over digital ad losses

Lawsuit filed by publishers including Axel Springer allege Google ‘abused its dominant position’ in digital ad-techAlphabet’s Google was hit with a €2.1bn ($2.3bn) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the... Continue reading at The Guardian

[ The Guardian | 2024-02-28 19:24:36 UTC ]
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ABC warns staff of agenda-driven criticism after News Corp pounces on Aboriginal land comment | The Weekly Beast

Newsroom director decries The Australian’s ‘constant’ swipes at individual ABC employees. Plus: a mushroom misstepFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastWhen the ABC Indigenous affairs editor, Bridget... Continue reading at The Guardian

[ The Guardian | 2024-02-16 02:50:06 UTC ]
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Head of Bruce Lehrmann inquiry ‘infected’ by News Corp journalist against prosecutor, court told

Court also hears the Australian’s Janet Albrechtsen gave Walter Sofronoff Lehrmann’s contact details while he was examining prosecutionBruce Lehrmann defamation trial live stream: watch and follow the latest news and updatesGet our morning and afternoon news emails, free app or daily news... Continue reading at The Guardian

[ The Guardian | 2024-02-13 07:22:06 UTC ]
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Former News Corp and Daily Mail editor Luke McIlveen appointed executive editor of Nine newspapers

McIlveen was previously editor-in-chief of news.com.au and founding editor of Daily Mail Australia. He takes on Tory Maguire’s former role at the Age and SMHFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastFormer News... Continue reading at The Guardian

[ The Guardian | 2024-01-22 04:15:05 UTC ]
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Recovering the ‘Aryan worldview’: the West Australian book publisher under scrutiny over far right texts

Imperium Press, whose blog fosters a worldview it calls ‘folkishness’, has become an intellectual resource for the far right, but its works are widely available through mainstream sourcesGet our morning and afternoon news emails, free app or daily news podcastAt least one Australian-based online... Continue reading at The Guardian

[ The Guardian | 2024-01-14 14:00:30 UTC ]
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Chris Bowen calls on News Corp to sack Andrew Bolt for column saying Australians sick of ‘kowtowing to the primitive’

Columnist lashes out after climate change minister makes speech during Cop28 declaring ‘profound respect’ for Indigenous people’s care for landFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastChris Bowen has called on... Continue reading at The Guardian

[ The Guardian | 2023-12-14 05:53:25 UTC ]
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News Corp agreed to pay Bruce Lehrmann $295,000 to settle defamation claim, court documents reveal

Payment revealed after ABC agreed to pay him $150,000 and remove Facebook video of Brittany Higgins and Grace Tame speech at National Press ClubGet our morning and afternoon news emails,free app or daily news podcastNews Corp agreed to pay Bruce Lehrmann $295,000 to drop a defamation suit he... Continue reading at The Guardian

[ The Guardian | 2023-12-06 12:10:09 UTC ]
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Opening in the States: Italy’s 21lettere Expands With 26Letters

Independent book publisher Alberto Bisi brings his meticulous '21lettere' approach to the States, opening his new 26Letters. The post Opening in the States: Italy’s 21lettere Expands With 26Letters appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-05 23:40:01 UTC ]
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