News Corp profits dive 75% as Rupert Murdoch-owned company hints at AI future

Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving AI-produced content.The US-listed media conglomerate – which owns mastheads in the US, UK and Australia, along with book publishers, subscription television and real estate advertising assets – recorded $US187m ($A287m) in net profit for the financial year, down from the previous year’s $US760m record. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2023-08-11 00:14:07 UTC ]

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Lena Waithe, Gillian Flynn to Become Book Publishers With Zando

The two women are joining Zando, an independent publishing company founded last year that plans to work with authors and sell books in unconventional ways. Continue reading at The New York Times

[ The New York Times | 2021-09-21 12:55:08 UTC ]
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Sky News Australia rolls out the red carpet for Piers Morgan, who vows to take on ‘woke world’

Another conservative loudmouth comes to town. Plus: a Sunrise interview with Meghan Markle’s father falls flatMove over Andrew Bolt, Alan Jones and Peta Credlin – there is a new conservative loudmouth in town.Piers Morgan, the former editor of the UK tabloid News of the World, has returned to... Continue reading at The Guardian

[ The Guardian | 2021-09-17 02:36:53 UTC ]
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Piers Morgan to launch new TV show in deal with News Corp

British presenter Piers Morgan will join News Corp and Fox News Media and host a TV show that will air in the U.S., Britain and Australia Continue reading at ABC News

[ ABC News | 2021-09-17 00:42:43 UTC ]
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News Corp Australia won’t muzzle commentators as it ramps up climate coverage

Newspapers to cover ‘all views’ and ‘not just the popular ones’, indicating the Murdoch empire may continue its pattern of climate science denialGet our free news app; get our morning email briefingNews Corp Australia has confirmed it will ramp up its company-wide coverage of climate change next... Continue reading at The Guardian

[ The Guardian | 2021-09-10 20:00:05 UTC ]
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How the Australian and the IPA’s attack on the ABC went horribly wrong | The Weekly Beast

A report into how many times the ABC mentioned News Corp or Murdoch had some embarrassing flaws. Plus: campaign to release Myanmar fixerThe Australian newspaper often gleefully reports the work of the rightwing thinktank the Institute of Public Affairs in an effort to undermine the ABC.Like the... Continue reading at The Guardian

[ The Guardian | 2021-09-10 02:44:13 UTC ]
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Is Rupert Murdoch’s News Corp Australia really shifting away from ‘climate denialism’?

The media tycoon’s outlets often give voice to ardent deniers of climate science, backers of fossil fuels and opponents of net zero. Is that all about to change?Get our free news app; get our morning email briefingNews Corp Australia, seen by many as the nation’s most enduring purveyor of... Continue reading at The Guardian

[ The Guardian | 2021-09-08 06:21:19 UTC ]
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Executive decision: Lachlan Murdoch turns back on media inquiry to reopen Fox News | The Weekly Beast

News Corp co-chairman declines Senate communications committee invitation. Plus: Daily Telegraph names and shames ‘index case’Lachlan Murdoch will be en route to reopen Fox News offices in Los Angeles on Monday when the Senate media inquiry reconvenes to consider YouTube’s temporary ban on Sky... Continue reading at The Guardian

[ The Guardian | 2021-09-03 03:21:06 UTC ]
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Amazon will recruit 2,500 UK staff to fuel expansion

Amazon is planning a global recruitment drive to hire 55,000 staff, including 2,500 in the UK, to accommodate the demand for online retail and digital advertising. Continue reading at The Bookseller

[ The Bookseller | 2021-09-01 19:48:27 UTC ]
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Lachlan Murdoch asked to appear at parliamentary inquiry into YouTube’s suspension of Sky News Australia

Hearing to examine temporary ban for breaching Covid misinformation policies with chair hoping to grill Murdoch on ‘standards of journalism and accurate reporting’Get our free news app; get our morning email briefingLachlan Murdoch has been invited to appear before a reconvened Senate inquiry... Continue reading at The Guardian

[ The Guardian | 2021-09-01 17:30:01 UTC ]
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Christian Porter tries to prevent publication of unredacted ABC defamation defence

Former federal attorney general seeks declaration that media outlets never publish ABC’s unredacted defence without judicial permissionChristian Porter has revived an element of his defamation proceedings, by seeking a declaration that three media outlets never publish the ABC’s unredacted... Continue reading at The Guardian

[ The Guardian | 2021-08-18 05:52:27 UTC ]
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Axed yet still ‘compelling’, Alan Jones is neither down nor out at News Corp

His column may have been dropped by a Sydney tabloid – but the broadcaster is still being lauded for his role at Sky News AustraliaIt’s been a week of mixed messages from News Corp Australia.Alan Jones, previously one of the media giant’s most bankable stars, was, according to the Murdoch... Continue reading at The Guardian

[ The Guardian | 2021-07-30 20:00:10 UTC ]
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Alan Jones laments Daily Telegraph column dropped but remains in News Corp stable| The Weekly Beast

The Sky News After Dark presenter denies being an anti-vaxxer as his regular sports column continuesAlan Jones has denied being an anti-vaxxer and encouraging the anti-lockdown protesters in an emotional broadcast after his regular column was dumped by the Daily Telegraph.“I now face a headline... Continue reading at The Guardian

[ The Guardian | 2021-07-30 04:08:30 UTC ]
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Ad Tracker Tool to Improve Advertisers’ Digital Media Carbon Footprint

As advertisers have been increasing their carbon impact through the growing use of digital advertising, one adtech business has developed a campaign in a bid to support their attempt to repair the damage. Good-Loop, has created an ad tracker, 'The Green Ad Tag', which can be run cross-platform... Continue reading at AdWeek

[ AdWeek | 2021-07-19 12:56:17 UTC ]
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Richard Branson, the press, and the space in between

It’s space, Richard—at least as NASA knows it. Yesterday, the British billionaire Richard Branson, two pilots, and three other people rode a rocket plane operated by Virgin Galactic, an arm of Branson’s business empire, fifty three and a half miles into the air—a test run for the sort of private... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-07-12 12:05:06 UTC ]
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Sweet Cherry Publishing: Life for Leicester children’s indie after Nibbies Small Press triumph

"We want to be recognised as one of the leading children’s book publishers in the industry: we want not only to be recognised, we want to be respected.” Sanjee de Silva (pictured), the new publisher at Sweet Cherry, recently named Small Press of the Year at the British Book Awards, has big... Continue reading at The Bookseller

[ The Bookseller | 2021-05-28 22:25:53 UTC ]
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Australian Press Council criticises Herald Sun for ‘misleading’ Pfizer Covid vaccine subheading

Regulatory body says subheading implying deaths of six people in clinical trials were due to the vaccine was not fair or balancedA subheading saying six people that took part in the Pfizer Covid-19 vaccine clinical trial died was not fair or balanced, the Australian Press Council has found,... Continue reading at The Guardian

[ The Guardian | 2021-05-19 02:44:28 UTC ]
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High court casts doubt on media companies’ claim of not being responsible for defamatory comments on social media posts

News Corp and Fairfax Media challenge ruling they are liable for defamatory comments on their Facebook postsThe high court has cast doubt on media companies’ claims that they are not responsible for defamatory comments on their social media posts. Fairfax Media and News Corp have taken the... Continue reading at The Guardian

[ The Guardian | 2021-05-18 07:19:27 UTC ]
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Everyone wants a piece of Bluey – even the Morrison government is falsely claiming credit | Amanda Meade

Paul Fletcher makes the hit children’s TV show part of his budget announcement. Plus: News Corp lets go of its last photographersBluey, the Emmy award-winning children’s television show, is a smash hit for ABC Kids and has won the hearts of families Australia-wide. Continue reading... Continue reading at The Guardian

[ The Guardian | 2021-05-14 06:34:16 UTC ]
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The challenge facing Sally Buzbee at the Washington Post

Since January, when Marty Baron announced his retirement as editor of the Washington Post, the media beat has hummed with speculation about his replacement: Would it be an internal candidate? Or one of a bevy of editors from the New York Times? Or Ben Smith? So it was impressive yesterday when... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-12 12:21:00 UTC ]
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News Corp completes Houghton Mifflin Harcourt consumer division deal

HarperCollins owner News Corp has completed its $349m (£252m) acquisition of Houghton Mifflin Harcourt's consumer division. Continue reading at The Bookseller

[ The Bookseller | 2021-05-10 12:46:20 UTC ]
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