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 Dec. 31, trailing the 21-cent average of projections compiled by Bloomberg. Revenue fell 4% to $2.16 billion from a year earlier as advertising sales declined, hurt by the strength of the U.S. dollar, the New York-based company said Thursday in a statement. Analysts had estimated $2.13 billion on average.News Corp. shares slid as much as 10% to $10.96 in New York trading, the biggest intraday decline since the company's split from 21st Century Fox Inc. in June 2013. Through Thursday, they had dropped 8.6% this year. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-02-06 00:00:00 UTC ]
News tagged with: #year earlier #york-based company #ad revenue #projections compiled #estimated $2 #york trading

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Cost-cutting Newsquest/Gannett goes on the acquisition trail

US-based publisher adds 29 titles to its portfolio by buying the Romanes groupNewsquest, the US-owned regional newspaper group with more than 200 titles in the UK, has acquired 29 more by buying the Romanes Media group. Romanes publishes one daily newspaper, the Greenock Telegraph in Scotland,... Continue reading at The Guardian

[ The Guardian | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily newspaper #greenock telegraph #reading chronicle


Brands to Publishers: Let Us Check Your Viewability Rates or We'll Stop Buying Ads

Earlier this month Google announced that video ads running on YouTube have a chance to be seen 91% of the time. That's great, and a lot better than the 46% of video ads that Google runs outside of YouTube that never have a chance to be seen. But advertisers would like to be able to check... Continue reading at Advertising Age

[ Advertising Age | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #check google #ad viewability #chief concern #buying online


Global news organisations agree to share climate change content

The Guardian, El País, Le Monde and China Daily are among 25 publishers aiming to raise awareness in the runup to the next UN summitAn unprecedented alliance of news publishers including the Guardian, El País, Le Monde and China Daily have agreed to share climate change content to raise... Continue reading at The Guardian

[ The Guardian | 2015-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #el pas #le monde #china daily #raise awareness #dozen publishers #seattle times


UsVsTh3m's demise shows challenge of making news for Facebook

As news organisations sign up to publish straight to Facebook with Instant Articles, Trinity Mirror’s decision to cull new formats teams shows how social media is changing publishers’ priorities Asked what are my favourite pieces of digital journalism to emerge from newsrooms over the past few... Continue reading at The Guardian

[ The Guardian | 2015-05-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital journalism #coming back #parliamentary debate #entry point #bbc news #guardian sign


Publishers Willing to Give Facebook Their Articles, but Not Their Ad Sales

Why would publishers want to jump into bed with their top "frenemy" Facebook? Well, they're not, entirely.Four of the first U.S. publishers to publish mobile articles directly on Facebook through its new Instant Articles program -- The New York Times, BuzzFeed, National Geographic and NBC News... Continue reading at Advertising Age

[ Advertising Age | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #give facebook #sell ads #ad sales #national geographic


Facebook Publishing for Local News Outlets Could Arrive ‘in the Coming Months’

When Facebook on Wednesday unveiled its new Instant Articles feature that allows news organizations to publish directly to the social media platform—and, in the process, set off an avalanche of commentary and speculation about the future of ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #coming months #news organizations #publish directly


Facebook signs deal to directly publish news stories

Facebook has reached a deal with New York Times and eight other media outlets to post stories directly to the social network's mobile news feeds, as publishers strive for new ways to expand their reach. Continue reading at Stuff

[ Stuff | 2015-05-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media outlets


Facebook Begins Testing Instant Articles From News Publishers

Facebook’s long-rumored plan to directly host articles from news organizations will start on Wednesday, concluding months of delicate negotiations between the Internet giant and publishers that covet its huge audience but fear its growing p ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news publishers #news organizations #internet giant #huge audience


Dana Perino's 'And the Good News Is...' becomes a top seller

Former press secretary Perino's memoir is currently near the top of multiple bestseller lists. It was released this past April. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top seller #past april


At Times, L'Oréal Is Getting 90% Video Ad View Rates

L'Oréal has evidently found a video advertising vendor in Mediabong it's very high on. Mediabong—which is announcing a $5 million Series B round of funding today—said it achieved a 90 percent "video-through rate" for L'Oréal in a recent five-week ad campaign across various publishers.... Continue reading at AdWeek

[ AdWeek | 2015-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #land rover #hot topic #digital advertising #video ads


Facebook Instant Articles: BBC News and Guardian sign up to initiative

New initiative, which also involves BuzzFeed and the New York Times, speeds the process of loading news articles on the social networkBBC News and the Guardian are the first UK media companies to sign up to a new Facebook initiative that will transform the way users read news articles.Facebook... Continue reading at The Guardian

[ The Guardian | 2015-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #guardian sign #bbc news #online traffic #news publishers #web giant


NBC Pulls Facebook Post After Sneaking in an Ad for Subway

As Facebook looks to turn itself into a bona fide video platform, it's tightening its rules on what publishers can and cannot post. Clips with ads not sold by Facebook are not allowed, something NBC learned the hard way today. Yesterday afternoon, NBC posted a three-minute video from the latest... Continue reading at AdWeek

[ AdWeek | 2015-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest episode #universal pictures #video content


Agency view: The (few) publishers that get mobile ads right

Publishers get a bad reputation for their mobile ads, which often intrude on or confuse the user. But some get it right, say agencies. BuzzFeed's ads mirror the site's shareable editorial content. Mashable, ESPN and NY magazine strike a good balance of content to ad space. The Weather Company... Continue reading at Digiday

[ Digiday | 2015-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #native ads #ad space #weather company


Short Takes: Spirituality & Religion Publishing News Briefs, May 13, 2015

Another high-profile Christian-themed movie; a change in Bible rights management; an IVP author on tour; awards and honors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-12 00:00:00 UTC ]
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All the News That’s Fit to Like

When Facebook entered the news business in 2006, it set out to cover its own users. Facebook had launched as a static collection of profiles, but now, every time a user uploaded a new photo or changed her favorite quote, the development surfaced in a rolling stream of updates that Facebook... Continue reading at Slate

[ Slate | 2015-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #static collection #status update #guiding principle


News Briefs: Week of May 11, 2015

Macmillan to offer audiobooks to libraries via Hoopla and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #offer audiobooks


PA: publisher revenues 'steady' in 2014

The invoiced value of UK publishers’ annual sales remained absolutely flat year on year in 2014, with a top-line total of £4.3bn, precisely the same as 2013. The figure combines publishers’ revenues from both physical and digital editions and from journals’ income, and is revealed in the... Continue reading at The Bookseller

[ The Bookseller | 2015-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher revenues #uk publishers #digital editions #publishers association


Profits Up, Sales Down in S&S First Quarter

Simon & Schuster sales fell 5% in the first quarter ended March 31, 2015, to $145 million, but operating profit rose 9% to $12 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$145 million #$12 million


HC posts 14% quarterly revenue rise

The inclusion of Harlequin and strong sales of Chris Kyle’s memoir American Sniper (William Morrow) helped HarperCollins to a 14% increase in revenues in the three months to 31st March, compared to the year before. But ebook revenues declined 3% year-on-year, HarperCollins’ parent company News... Continue reading at The Bookseller

[ The Bookseller | 2015-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong sales #chris kyle #14% increase #31st march


The Times, Bloomberg News, and the Richest Man in China

Last Wednesday, the Times published a front-page story about the movie and real-estate mogul Wang Jianlin, who is the richest man in Asia, worth an estimated thirty-five billion dollars. The former People’s Liberation Army foot soldier has ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #times published #bloomberg news #richest man #front-page story #billion dollars