News Corp Registers $1.6 Billion Fourth-Quarter Loss

Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun. The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $6 ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2012-08-08 00:00:00 UTC ]
News tagged with: #rupert murdoch #net income

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WaterBrook’s Wingfeather Saga Sells 1 Million Copies ‘On Its Own Terms’

Wingfeather, Andrew Peterson’s middle grade fantasy series from Christian publisher WaterBrook, follows three siblings as they encounter good versus evil, in a story ‘that doesn’t cheapen the reality that the world can be a scary place,’ the author says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
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Lit Hub Daily: September 6, 2023

25 new novels we think you should read this fall. | Lit Hub Reading Lists Yiyun Li muses on class, money, joy, and luxury—for writers and their characters. | Lit Hub Memoir Where creatives went to play: Jonathan Miles captures the “potent cultural cocktail” of the French Riviera. | Lit Hub... Continue reading at Literrary Hub

[ Literrary Hub | 2023-09-06 10:30:23 UTC ]
More news stories like this | News stories tagged with: #memoir


B&NE Has a Hopeful First Quarter

Barnes & Noble Education reported a 3.7% increase in sales in the quarter ended July 29, which the company took as a sign that its new First Day programs are being embraced by more students—and the first step back toward profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #7% increase #step back


Library Bomb Threats Continue to Increase: Book Censorship News, August 25, 2023

Seven suburban Chicago public libraries received bomb threats in the last month. That, plus this week's book censorship news. Continue reading at Book Riot

[ Book Riot | 2023-08-25 10:40:00 UTC ]
More news stories like this | News stories tagged with: #public libraries


Can You Guess the Fantasy Book Based on Its 1-Star Reviews?

Are you a fantasy mega-fan? Well, let's put it to the test: Can you guess these fantasy books based only on their 1-star reviews? Continue reading at Book Riot

[ Book Riot | 2023-08-21 10:35:00 UTC ]
More news stories like this | News stories tagged with: #1-star reviews #book based


Troubles for property insurers spells more losses at Digital Media Solutions

Revenue fell to a three-year low as insurance carriers downsized their advertising budgets. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-08-16 10:33:50 UTC ]
More news stories like this | News stories tagged with: #revenue fell #advertising budgets #digital media


Simon and Schuster is Being Sold to a Private Equity Firm for $1.6 Billion

The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot

[ Book Riot | 2023-08-08 13:23:36 UTC ]
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S&S Posts Solid Second Quarter

Led by another good performance by its audiobooks division and "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended June 30, 2023 over the comparable period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #good performance #simon schuster


Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market Continue reading at ABC News

[ ABC News | 2023-08-08 02:22:18 UTC ]
More news stories like this | News stories tagged with: #simon schuster #book market #publisher penguin


KKR Agrees To Buy Simon & Schuster for $1.62 Billion

The acquisition of Simon & Schuster by KKR, Jonathan Karp says, is enhanced by KKR's interest in company growth and employee equity. The post KKR Agrees To Buy Simon & Schuster for $1.62 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-07 21:40:44 UTC ]
More news stories like this | News stories tagged with: #simon schuster #jonathan karp


KKR Wins S&S for $1.62 Billion

The private investment firm KKR has agreed to buy Simon & Schuster for $1.62 billion. When the purchase closes, S&S will operate under current leaders Jonathan Karp and Dennis Eulau and KKR promised to "support new growth initiatives" for the country's third largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-07 04:00:00 UTC ]
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Book Bans May Bring the Return of Child-Free Libraries: Censorship News, August 4, 2023

Policies in response to book bans are pushing kids out of libraries — plus, this week's censorship and book banning news. Continue reading at Book Riot

[ Book Riot | 2023-08-04 10:40:00 UTC ]
More news stories like this | News stories tagged with: #book bans #libraries


Amazon Has Improved Second Quarter

Total Amazon sales rose 11% in the second quarter, with the company returning to profitability. Online sales lagged, increasing 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
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The Agence France-Presse is suing Elon Musk's X over news content payments

Elon Musk and X, the site formerly known as Twitter, are in more legal trouble. The Agence France-Presse (AFP) is suing X for not engaging in discussions about payment to the French publisher in exchange for its articles appearing on the platform. In 2019, France passed neighboring rights... Continue reading at Engadget

[ Engadget | 2023-08-03 10:55:01 UTC ]
More news stories like this | News stories tagged with: #fair agreement #elon musk #content produced #law requires #digital platforms #news content #copyright law #french publisher


Fox Wraps Upfront With Growth in Sports, News and Tubi

Fox is joining the wrap party. Today, Fox became the third major publisher to announce it's closed upfront talks. The company follows Paramount, which closed talks this morning, and NBCUniversal, which wrapped negotiations last week. According to Fox sources, Fox Sports, driven by NFL, MLB,... Continue reading at AdWeek

[ AdWeek | 2023-07-27 15:00:00 UTC ]
More news stories like this | News stories tagged with: #college football #world cup #major publisher


9 of the Best Manga Adaptations (and 1 that Should Never See the Light of Day)

We round up the very best manga adaptations to watch (along with one title that should never see the light of day). Check out our picks! Continue reading at Book Riot

[ Book Riot | 2023-07-26 10:33:00 UTC ]
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Google testing AI tool that writes news articles

Tool is said to have been pitched to several US news outlets as an aid for journalists rather than a replacementGoogle is testing an artificial intelligence tool that can write news articles, in the latest evidence that the technology has the potential to transform white-collar professions.The... Continue reading at The Guardian

[ The Guardian | 2023-07-20 12:04:29 UTC ]
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Panel Mania: 'Xogenasys, Vol. 1'

Xogenasys is a pro fighting league in the gang-dominated New York of 2069. Darius Smith, a teenage fight fan and devastating street fighter himself, is determined to stay away from gang life. The gangs have other ideas. An eight-page excerpt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-19 04:00:00 UTC ]
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After Cutting Open-Market Programmatic, Bloomberg Media Sees Efficiency Gains, Revenue Losses

On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek

[ AdWeek | 2023-07-18 11:31:59 UTC ]
More news stories like this | News stories tagged with: #user experience #privately owned


YA author shoots to No 1 on Amazon bestseller list after viral TikTok video

TikToker Jerrad Swearenjin approached Shawn Warner during a book signing because he looked ‘super defeated’A debut author struggling with sales became Amazon’s No 1 bestseller this week after a video of the writer at a quiet book signing went viral on TikTok.58-year-old Shawn Warner was sitting... Continue reading at The Guardian

[ The Guardian | 2023-07-07 13:47:16 UTC ]
More news stories like this | News stories tagged with: #book signing #fort worth #debut author #bestseller list