News Corp Australia revenues fall as advertising drops and subscriptions stay flat

Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling subscriber numbers.But results released on Friday show that overall the globe-spanning media empire returned to the black in the year to the end of June, declaring a profit of US$155m (A$228m). Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-08-09 01:33:05 UTC ]
News tagged with: #rupert murdoch #australian mastheads #huge loss #results released #news corp

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News Briefs: Week of May 23, 2016

Goodreads offers daily discounts and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-20 00:00:00 UTC ]
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Haynes to axe 17% of workforce due to falling sales

Independent publisher of user manuals Haynes is to close its US and Swedish bases and axe 41 jobs due to falling demand for print manuals. Continue reading at The Bookseller

[ The Bookseller | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #falling sales #independent publisher


Epic Success in Kids' E-Book Subscription

Children's ebook subscription service Epic, based in Redwood City, Calif., is one company that is bucking the naysaying trends. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book subscription


Ghomeshi Signs a Peace Bond; Sexual Assault Charge Dropped

Former CBC radio host Jian Ghomeshi was scheduled to go to trial in June, but the complainant in this final sexual assault trial agreed to drop the charges in exchange for a peace bond and an apology. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-17 00:00:00 UTC ]
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Bookstore News: May 17, 2016

Two long-time New England bookstores change hands; a Seattle store opens its newest location; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-17 00:00:00 UTC ]
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Bookstore News: May 16, 2016

Greenlight Bookstore’s customers green light second location with six-figures in loans. Elsewhere in Brooklyn, a feminist collective combines bookselling with washing clothes. And the country’s oldest LGBT bookstore awarded money to upgrade web experience. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore news #greenlight bookstore


Former Sky News editor pens book on flags

London-based independent Elliott & Thompson is publishing Worth Dying For: The Power and Politics of Flags by Tim Marshall, former diplomatic editor of Sky News.  Continue reading at The Bookseller

[ The Bookseller | 2016-05-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tim marshall #sky news


The Wall Street Journal's Social Vendor Says Facebook Is Not Suppressing Conservative News

Facebook's main news section, called Trending, has never been so buzzy thanks to a political web it allegedly weaved itself, with many critics crawling to the surface in the last five days.  The digital giant has been bashed by right-wing pundits and other media watchers since Gizmodo... Continue reading at AdWeek

[ AdWeek | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #informal poll #real difference #scary thing #earlier version #story stated


UK ebook sales drop for the first time

It seems that our love affair with ebooks could be turning sour. For the first time since digital book sales were recorded, the number of ebooks sold in the UK dropped in 2015. The drop could be partly explained by the fact that we seem to be reading less in recent years. While sales of printed... Continue reading at Betanews

[ Betanews | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebooks sold #love affair #uk dropped #publishers association #printed books #audio books


Literary magazine Meanjin may close after losing Australia Council funding

Magazine with 76-year history in jeopardy after funding application to Australia Council rejected, ending council’s continuous support since 1974One of Australia’s longest-running literary magazines, Meanjin, may soon be forced to shut down after being told on Thursday its application for... Continue reading at The Guardian

[ The Guardian | 2016-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #australia council #began publishing


Bookstore News: May 11, 2016

A husband-and-wife duo preps to open a new bookstore in Washington state; NYC's Book Culture cozies up to the NYRB; Rainy Day Books goes Scottish; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore news #washington state


BEA 2016: Is A Flat Royalty Rate Possible?

A discussion on Wednesday between two publishers, a literary agent, and the executive director of the Authors Guild floated the possibility of a single royalty rate across book formats. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary agent #book formats


BEA 2016: Brightness Falls in McCormick

It’s been a long time since Jay McInerney attended a BEA, “at least 10 years,” says the author, whose highly anticipated new novel, Bright, Precious Days (Knopf) will land in bookstores this August. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
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April Religion Bestsellers: Ruth Soukup Takes Top Four, Amish Millionaire Series Stays #1

‘Unstuffed,’ a Christian take on the decluttering craze, broke the top five in Religion Nonfiction. Plus, Wanda Brunstetter’s Amish Millionaire series tops the Fiction list once again with the latest installment, ‘The Stubborn Father.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #religion nonfiction #wanda brunstetter #fiction list #latest installment


By getting into the news business, Facebook opened itself up to a new controversy

To lure more users and advertising dollars, Facebook has increasingly assumed the role of a news organization by curating and publishing articles -- and to great effect. Four in 10 U.S. adults now get their news from the social media giant. But with recent accusations that Facebook suppressed... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook opened #news business #news organization #advertising dollars #great effect


Berrett-Koehler Grows its Subscription Service

Berrett-Koehler has added titles from New World Library to its b-to-b digital subscription service, BKpedia. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #subscription service #added titles #world library


How Big Printers Are Changing to Stay Competitive

As sales of print books stabilize, book manufacturers are seeking to grow their revenue by offering warehousing and distribution, as well as editorial and other publishing services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-06 00:00:00 UTC ]
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Counterpoint, OR Books Partner on New Fall List

The two publishers, based in San Francisco and New York respectively, have launched a co-published list for fall featuring titles by Walter Mosley and Julian Assange. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fall list #walter mosley #julian assange


Sales, Earnings Drop at HarperCollins

Revenue fell 11% in the quarter ended March 31, 2016 compared to the period ended March 31, 2015 and earnings tumbles 36%, to $36 million. E-book sales were down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book sales #earnings drop


Bookstore News: May 5, 2016

A new store opens in Wyoming; a store will expand in Pennsylvania; and a B&N captures customers because of a bomb threat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #store opens #bookstore news #bomb threat