News Corp. returns to black in final year before spinoff

News Corp., the publishing company that owns The Wall Street Journal, reported $506 million in net income for the fiscal year ended June 30, the last year before its split from Rupert Murdoch's entertainment operations.The profit, which amounted to 87 cents a share, compared with a loss of $2.08 billion, or $3.58, in the year-earlier period, the New York-based company said Friday in a regulatory filing. Revenue climbed 2.7% to $8.89 billion.News Corp., where Mr. Murdoch serves as chairman, is narrowing its focus to larger publications such as the Journal, the New York Post and the U.K.'s Times. When the company broke off from 21st Century Fox Inc., it started out with $2.6 billion in cash and zero debt.The company also said it will pay a dividend at some point in the future, without specifying the date or the amount."Payment of future dividends to stockholders will fall within the discretion of its board of directors," News Corp. said in the filing. Continue reading at 'Crains New York'

[ Crains New York | 2013-09-21 00:00:00 UTC ]
News tagged with: #york-based company #company broke #net income #rupert murdoch #entertainment operations #york post

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Black Friday 2023: The best early deals from Amazon, Target, Best Buy and more

With each passing year, the phrase "Black Friday" becomes more of a misnomer. What was once a day of post-Thanksgiving special offers has become a month of sales promotions from retailers across the web. It's happening again in 2023: Target and Best Buy are already... Continue reading at Engadget

[ Engadget | 2023-11-03 16:30:54 UTC ]
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RELX Group Is the World's Largest Publisher for the Fifth Year Running

Our annual ranking of the world’s biggest book publishers was once again topped by the STM and legal giant, which toppled Pearson from its perch in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-03 04:00:00 UTC ]
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Take 60% off an Audible subscription in a killer early Black Friday deal

For a limited time, Amazon is offering an Audible deal on its audiobook subscription with a price of up to 60% off the normal subscription cost. You can cancel at any time during the discounted period and not be committed to a longer subscription. With the discounted Audible... Continue reading at PC World

[ PC World | 2023-11-02 15:59:38 UTC ]
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A Black Father Illustrated the Importance of “The Talk” in His Graphic Memoir

Darrin Bell didn’t set out to write his much anticipated graphic memoir, The Talk. He’d initially sold another project delving into the lives of three generations of men in his family, all descendants of an enslaved man named Addison Bell, in a two book deal to Henry Holt and Co. But as he was... Continue reading at Electric Literature

[ Electric Literature | 2023-10-30 11:00:00 UTC ]
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Ending Censorship Applies to Prison, Too: A Prison Banned Book Week News Roundup, 2023

U.S. prisons have banned tens of thousands of books and remain the largest purveyors of censorship. Continue reading at Book Riot

[ Book Riot | 2023-10-30 10:40:00 UTC ]
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Carmen Giménez Looks Back at Her Year at Graywolf

The former English professor says there has been a learning curve moving from academia to the publishing industry, but she feels energized by the challenges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-27 04:00:00 UTC ]
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6 books to get you started with Black horror, classic and new

Black horror pioneer Tananarive Due helps us pick 6 great books from the genre, from a Toni Morrison classic to a new anthology by Jordan Peele. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-10-26 10:00:53 UTC ]
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At Frankfurt: Salman Rushdie’s News Conference

The author Salman Rushdie is in Frankfurt as the recipient to receive the Peace Prize of the German Book Trade from the Börsenverein. The post At Frankfurt: Salman Rushdie’s News Conference appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-10-20 15:58:21 UTC ]
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‘I thought it was me alone’: how the Black British book festival has grown

Now in its third year, the event stepped up its ambitions and aims not only to spotlight authors but to change audiencesAs a child, Selina Brown had a Saturday routine: her mother would go shopping and leave her at the library, where she would speed her way through novels by Jacqueline Wilson... Continue reading at The Guardian

[ The Guardian | 2023-10-20 12:55:16 UTC ]
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A Memoir of My Former Self: Hilary Mantel's final book is a reminder of the many stories she still had to tell

The book shares secrets – Mantel’s own alongside those of the writers, historical figures and places she describes. Continue reading at The Conversation

[ The Conversation | 2023-10-19 14:40:38 UTC ]
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John Freeman and Omar El Akkad on a Literary Magazine’s Final Issue

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[ Literrary Hub | 2023-10-19 08:10:54 UTC ]
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News Publishers Welcome Tobacco Ads—Just Not for Cigarettes

In 1999, more than a dozen news publishers including The New York Times publicly pledged to ban cigarette advertisements. The move was part of a broader effort to curb the influence of an industry whose products were then--and remain now--the leading cause of preventable death in the United... Continue reading at AdWeek

[ AdWeek | 2023-10-19 06:00:00 UTC ]
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When Innocent Black People Die, I Mourn The Life, The Potential, And The Art

When I first encountered the work of Henry Dumas, I was very nearly finished with my undergraduate degree in English. I favored American literature in my time studying, and was lucky to have access to syllabi that spanned a more diverse array of writers. The Black writers I would come to know... Continue reading at Electric Literature

[ Electric Literature | 2023-10-13 11:15:00 UTC ]
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When Innocent Black People Die, I Mourn The Life, The Potential, And The Art

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[ Electric Literature | 2023-10-13 11:15:00 UTC ]
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Why Tim O'Brien's first novel in 20 years is about America's 'mythomania'

Tim O'Brien, author of the great novel 'The Things They Carried,' explains how COVID and Trump spawned 'America Fantastica,' his first novel in 20 years. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-10-13 10:00:10 UTC ]
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The program is one of a myriad of offerings from The Word, A Storytelling Sanctuary. Continue reading at Publishers Weekly

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Salman Rushdie’s memoir of the attempt on his life will be published next year.

As reported by Publishers Weekly earlier this morning, Random House will publish Salman Rushdie’s new memoir, Knife: Meditations After an Attempted Murder, on April 16, 2024. The book will mark Rushdie’s first time speaking at length about the brutal attack he suffered while onstage at the... Continue reading at Literrary Hub

[ Literrary Hub | 2023-10-11 15:03:03 UTC ]
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