News Corp. Misses Estimates as Ad Sales Decline

News Corp., the Wall Street Journal and New York Post publisher controlled by billionaire Rupert Murdoch, reported fiscal fourth-quarter profit that missed analysts' estimates as a decline in ad sales outweighed an increase in digital revenue in its real estate business.Earnings, excluding some items, were 10 cents a share, short of analysts' estimates of 13 cents a share, the average of projections compiled by Bloomberg. Revenue was $2.23 billion, the New York-based company said in a statement Monday. That exceeded predictions for $2.06 billion.As more readers get their news online, News Corp. has been trying to compensate for falling print revenue by boosting digital sales, especially at its online real estate business. At the same time, the company has remained wary of the publishing industry's growing alliance with Facebook. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-08-09 00:00:00 UTC ]

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Supreme Court Rejects Apple’s Appeal

At its March 4 conference, the Supreme Court declined to take up Apple’s appeal in its ebook price-fixing case, effectively ending one of the publishing industry's most closely-watched cases. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-07 00:00:00 UTC ]
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Protecting Intellectual Property Remains the Top Job for Association of American Publishers

The publishing industry's trade association had a busy year protecting copyright in a changing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-26 00:00:00 UTC ]
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News Corp. Plummets as Profit Trails Estimates on Ad Revenue

Shares of News Corp., controlled by billionaire Rupert Murdoch, had a record decline after the publisher of the Wall Street Journal and New York Post reported fiscal second-quarter profit that missed analysts' estimates.Earnings, excluding some items, were 20 cents a share in the period ended... Continue reading at Advertising Age

[ Advertising Age | 2016-02-06 00:00:00 UTC ]
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Publishing Industry Speculates About Expansion Plans for Amazon Books

Opinions were mixed about what Amazon's rumored plans to open more physical bookstores could mean for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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'Libraries have betrayed publishers', festival hears

A heated debate about the role of libraries in supporting the publishing industry has broken out at the Inpress Publishing Festival, with one publisher alleging libraries had "completely betrayed" the sector. Continue reading at The Bookseller

[ The Bookseller | 2016-02-02 00:00:00 UTC ]
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Publishing industry is overwhelmingly white and female, US study finds

Survey of workforce at 34 book publishers and eight review journals in US reveals 79% of staff are white and 78% female – with UK numbers still unmonitoredMan Booker winner Marlon James: ‘Writers of colour pander to the white woman’A survey of American publishing has found that it is blindingly... Continue reading at The Guardian

[ The Guardian | 2016-01-27 00:00:00 UTC ]
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What Does 2016 Hold for Digital?

What is going on with ebooks? As 2016 dawns, what’s driving a decline in trade ebook sales is one of the big questions hanging over the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-01 00:00:00 UTC ]
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#FutureBook15: Looking farther and wider

The Bookseller's conference FutureBook 2015 was a timely reminder for the publishing industry that its digital transformation has barely begun, that it has a whole universe of possibilities to explore, and that its careful progression may yet turn into an unsightly stumble. Continue reading at The Bookseller

[ The Bookseller | 2015-12-09 00:00:00 UTC ]
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Infographic: Launching University Press Week, November 8-14

University Press Week runs November 8-14. This handy infographic summarizes all you need to know about this dynamic segment of the publishing industry. The post Infographic: Launching University Press Week, November 8-14 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-11-06 00:00:00 UTC ]
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YouTube killed the publishing star?

Author James Dawson argues that the publishing industry needs not to fight the power of YouTube, but rather seek to harness it. Continue reading at The Bookseller

[ The Bookseller | 2015-11-05 00:00:00 UTC ]
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PW Asks, You Answer: On Diversity in Publishing

This week, we asked our readers what the publishing industry could do to encourage diversity within its ranks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
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Spain’s Publishing Industry: Positioned to Fight for the Future

Despite media reports to the contrary, Spain’s publishing industry is robust and diverse, and investing for the future, writes Antonio María Ávila. The post Spain’s Publishing Industry: Positioned to Fight for the Future appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-22 00:00:00 UTC ]
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Blendle’s Secret Weapon: Its Toolkit

Blendle isn’t just about unbundling the traditional news package. The Dutch startup is quietly building a set of tools for the publishing industry that goes well beyond selling stories by the slice within a neatly designed interface &nd ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-19 00:00:00 UTC ]
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Time Inc. Is in Talks to Buy Jane Pratt's Millennial-Focused xoJane

Time Inc. is close to acquiring Jane Pratt's xoJane and xoVain sites for an undisclosed sum as it looks to increase its content targeting millennial women, sources tell Adweek. The New York publisher is interested in buying Pratt's two sites to build up its focus on digital-only brands, which... Continue reading at AdWeek

[ AdWeek | 2015-10-17 00:00:00 UTC ]
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What the FutureBook Awards tell us about publishing

Publishing is more sinned against than sinning. You won’t find it hard to find someone somewhere having a pop at the business of books, pointing out its failings while ignoring its successes. It comes with the territory: that shock of the new and frustration with the traditional. As journalist... Continue reading at The Bookseller

[ The Bookseller | 2015-10-17 00:00:00 UTC ]
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PW Salary Survey 2015: What People in the Publishing Industry Actually Earn

From editorial assistants to senior VP’s, this is how much people who work in publishing reported earning last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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Frankfurt Book Fair 2015: A New Era Begins

After a decade of change in the publishing industry, the 2015 Frankfurt Book Fair (which runs October 14–18) marks something of a turning point. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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IPG becomes member of PLS

The Independent Publishers Guild (IPG) has become a member of the Publishers Licensing Society (PLS), meaning IPG members will now have a stronger voice in the area of collective licensing and the management of rights. The IPG will be the first new member to join the society since it was... Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
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Crowdfunding Journalism to Confront the Media Industry's 'Huge Problem'

There’s a huge problem at the moment in journalism and the publishing industry, which is that no journalism or media company has figured out how to actually fund their content in this new age of the Internet. The big reason is that newspape ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-23 00:00:00 UTC ]
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Mexico Needs a Government Policy to Promote Publishing, Reading

Mexico's publishing industry has great potential, but the lack of organized government is a persistent problem, argues Déborah Holtz of Trilce Ediciones. The post Mexico Needs a Government Policy to Promote Publishing, Reading appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-21 00:00:00 UTC ]
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