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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Fall 2024 Preview: Politics & Current Events

America’s rightward drift, reproductive healthcare in a post-Roe world, and players behind the January 6 Capitol attack feature in this fall’s noteworthy titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-14 04:00:00 UTC ]
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The Most Interesting Book News Of The Week Was….

Here are the stories from the last week in Today in Books that you all found the most interesting... Continue reading at Book Riot

[ Book Riot | 2024-06-08 12:00:00 UTC ]
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Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years Continue reading at ABC News

[ ABC News | 2024-06-04 20:54:20 UTC ]
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The Most Popular Book News of the Week

Where to start with romantasy, the return of Reese's YA book club, and more of the most clicked-on news of the week. Continue reading at Book Riot

[ Book Riot | 2024-06-02 15:00:00 UTC ]
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TMB Leans Further Into Video as Open Web Revenues Waver

The digital media company TMB, formerly Trusted Media Brands, is on pace to generate nearly $200 million in revenue in its most recent fiscal year, which ends in June, according to chief executive Bonnie Kintzer. Though the company isn't sharing financial specifics, the... Continue reading at AdWeek

[ AdWeek | 2024-05-29 14:50:39 UTC ]
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Charges dropped against 4 in Toronto Indigo bookstore vandalism

Charges have been dropped against four of the 11 people charged with mischief and criminal harassment, which police called "hate-motivated," after an Indigo bookstore was vandalized last fall. Continue reading at CBC

[ CBC | 2024-05-22 13:48:29 UTC ]
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Publishing Industry Sales Were Flat in the First Quarter of 2023

Trade publishing sales saw declines in the first quarter, precipitated by drops in the adult nonfiction and children's/YA categories, although audio continues to be a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-16 04:00:00 UTC ]
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Longtime Condé Nast Chief Revenue Officer Steps Down

Conde Nast chief revenue officer Pamela Drucker Mann announced her departure from the media company this morning, according to an internal memo shared by the company. Mann, who joined Conde Nast as the sales director for beauty at Jane magazine in 2005, has served as the... Continue reading at AdWeek

[ AdWeek | 2024-05-14 17:00:24 UTC ]
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How Fall Became The Big Season in Book Publishing

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[ Book Riot | 2024-05-10 18:14:10 UTC ]
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How To Prepare for Pride Month in Libraries 2024: Book Censorship News, May 10, 2024

How to prepare for Pride month in the library, both as library workers and library lovers. That, plus this week's book censorship news roundup. Continue reading at Book Riot

[ Book Riot | 2024-05-10 11:30:00 UTC ]
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UK: Book Revenues Surpassed £7 Billion Pounds in 2023

For the first time on record, the United Kingdom's book publishing industry exceeded £7billion in 2023, downloaded audio jumping 24 percent. The post UK: Book Revenues Surpassed £7 Billion Pounds in 2023 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-09 22:43:14 UTC ]
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Audible is testing a cheaper plan in Australia

Audible is testing a cheaper subscription tier in Australia that sounds like an answer to Spotify’s audiobook push. Like the more expensive plan, the new Standard membership gives you one free title per month. But, similar to gaming services like PlayStation Plus, you lose access to the books... Continue reading at Engadget

[ Engadget | 2024-05-02 19:13:47 UTC ]
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Spotify Is Ready to Compete for Video Advertising

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[ AdWeek | 2024-05-01 21:11:08 UTC ]
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Wisconsin-born satirical news outlet The Onion is sold ... No, really

It's "America's Finest News Source" ... or so it claims. The Onion, a Wisconsin-bred satirical news outlet — once a newspaper but now read only online — has a new owner. Jeff Lawson, the co-founder and recently departed CEO of San Francisco software company Twilio, has purchased The Onion.... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-04-27 14:51:02 UTC ]
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