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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Abrams Dropping Stewart, Tabori & Chang Name

Beginning with this fall’s list Abrams will phase out the name of its Stewart, Tabori & Chang imprint and publish all titles under the Abrams banner. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-04 00:00:00 UTC ]
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Bookstore News: May 4, 2016

New bookstores are coming to Montana and Florida; a California store moves online; and a Pennsylvania shop becomes a community gathering place. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-04 00:00:00 UTC ]
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S&S Sees Earnings Gain, But Flat Sales, in Q1

Simon & Schuster reported revenue of $145 million in the first quarter of 2016, flat with revenue in the same period in 2015. Operating income rose 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-03 00:00:00 UTC ]
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Bookstore News: May 2, 2016

A new bookstore's opening in Connecticut; a store will change hands in Indiana; and bookstores in New Orleans are celebrating IBD a week after the rest of the country. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-02 00:00:00 UTC ]
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Report: Subscription Discounts Drive Down Newsstand Sales

New MagNet study finds monthly magazines offer subscriptions for an average of 63 percent off cover price. The post Report: Subscription Discounts Drive Down Newsstand Sales appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-04-30 00:00:00 UTC ]
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Library usage falls 14.3 percentage points since 2005

There has been a "significant" decrease in public library usage over the last nine years with usage falling from 14.3 percentage points since 2005, new figures have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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Bookstore News: April 28, 2016

New children's bookstore to open in California. Amazon expands pickup locations, on campus and off. And a Massachusetts bookstore faces protestors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Pupil interest in reading drops in secondary school

Secondary school pupils are far less interested in reading than children at primary school, with only 40% of 14-16 year-olds saying they enjoy reading compared with more than 70% of 8-11 year-olds, according to a new National Literacy Trust (NLT) report. Continue reading at The Bookseller

[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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Amazon expands kids subscription service

Amazon is adding content for children aged nine-12 to its Fire for Kids Unlimited subscription service, including Harry Potter and Dennis the Menace books. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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News From Around the Web: April 27, 2016

In religion and spirituality publishing news today: a lawsuit issued by Scientology leader David Miscavige against a U.K. publisher, an appeal against censoring children’s books, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-27 00:00:00 UTC ]
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Bookstore News: April 26, 2016

A poetry bookshop begins changing hands, while a new store gets ready to open in Massachusetts. B&N to open in downtown Hartford in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-26 00:00:00 UTC ]
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Bookstore News: April 25, 2016

A Queens bookstore gets one step closer to opening; a Virginia Books-A-Million preps its new location; and a Canadian indie is planning a big birthday celebration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-25 00:00:00 UTC ]
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News Briefs: Week of April 25, 2016

Constantine leaving Authors Guild and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-22 00:00:00 UTC ]
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Bookstore News: April 18, 2016

A D.C. store is preparing to open; an Indiana bookstore is getting new owners; a California bookstore is receiving a small business award; and a long-time Pittsburgh bookseller has died. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-18 00:00:00 UTC ]
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Follett Corp. Buys Baker & Taylor

In a major development in the publishing industry's wholesaling segment, Follett Corp. has acquired Baker & Taylor for an undisclosed price. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-18 00:00:00 UTC ]
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Media Websites Battle Faltering Ad Revenue and Traffic

Changes in technology like ad blocking, and the dominance of platforms like Facebook leave many publishers unsure of how they will make money. Continue reading at The New York Times

[ The New York Times | 2016-04-18 00:00:00 UTC ]
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News Briefs: Week of April 18, 2016

Strong February for bookstore sales and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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Bookstore News: April 15, 2016

An Alaska porn shop is becoming a bookstore; a California bookstore receives award for new business model; and ABA announces new board. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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Religion and Spirituality News From Around the Web: April 13, 2016

A Q&A with author Ros Barber, 24 books to read for inspiration, and the Bible ranking among the most challenged books of 2015 are a few of the topics causing a stir in the religion and spirituality publishing industry today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-13 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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