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

Other Publishing stories related to: 'News Corp. returns to black in final year before spinoff'

Phaidon Celebrates 100 Years

Phaidon Press will celebrate its 100th anniversary in September with a slate of events, exhibitions, original digital content, and sales initiatives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-05 04:00:00 UTC ]
More news stories like this | News stories tagged with: #phaidon press #100th anniversary

Judge Finds Texas Library's Book Bans Unconstitutional, Orders Books Returned

In a victory for freedom to read advocates, federal judge Robert Pitman found that Llano County's "targeting and removal" of a host of allegedly "inappropriate" books from library shelves constituted viewpoint and content discrimination. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #read advocates #llano county

2023 Audie Awards Return to New York, Celebrate Viola Davis

At the Audio Publishers Association's first in-person Audie Awards ceremony since 2020, Viola Davis's 'Finding Me' took home the prize for Audiobook of the Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #viola davis #audiobook #publishers association's

Are Literary Agents Seeing Changes in Publishing with Increased Book Bans (A Survey): Book Censorship News, March 24, 2023

Are publishers acquiring fewer LGBTQ+ and diverse books in the wake of rising censorship? This week's book censorship news. Continue reading at Book Riot

[ Book Riot | 2023-03-24 10:40:00 UTC ]
More news stories like this | News stories tagged with: #diverse books #literary agents

The National Book Critics Circle Awards Return to Manhattan

This year's National Book Critics Circle Awards, honoring books published in 2022, returned to its in-person format for the first time since 2019 to present awards to Joy Harjo, Hua Hsu, Ling Ma, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #in-person format #joy harjo #hua hsu #ling ma

British Book Awards: Trade and ‘Book of the Year’ Shortlists

The British Book Awards contenders for Book Trade and Book of the Year are announced, with the shortlists consisting of 29 categories. The post British Book Awards: Trade and ‘Book of the Year’ Shortlists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-21 15:55:40 UTC ]
More news stories like this | News stories tagged with: #shortlists appeared #book of the year #book trade #british book

Celebrating Five Years of Transformational Stories: Close-Up on Rick Riordan Presents

Author and publisher Rick Riordan reflects on half a decade of exceptional storytelling. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-17 04:00:00 UTC ]
More news stories like this |

Tom Benn Wins England’s Young Writer of the Year Award

The £10,000 Young Writer of the Year award from the UK's Sunday Times goes to Tom Benn for his fourth novel, 'Oxblood.' The post Tom Benn Wins England’s Young Writer of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-15 17:35:58 UTC ]
More news stories like this | News stories tagged with: #sunday times #young writer of the year award #young writer

Last Year's Sci-Fi Was More Genre-Bending Than Ever

Want a glimpse into the future of SFF? We look at some of the weird and wonderful standouts from The Best American Science Fiction and Fantasy 2022. Continue reading at Wired

[ Wired | 2023-03-10 17:00:00 UTC ]
More news stories like this | News stories tagged with: #science fiction

Haruki Murakami’s first novel in six years will be published this spring.

It’s true: a new Haruki Murakami novel—his first since 2017’s Killing Commendatore—will be published on April 13th . . . but only in Japan. Sorry to tease you, English-speaking readers! Still, not to fret: I’m sure this means that translations are forthcoming. In the meantime, here’s everything... Continue reading at Literrary Hub

[ Literrary Hub | 2023-03-02 15:32:49 UTC ]
More news stories like this | News stories tagged with: #haruki murakami #first novel

Continental Sales Inc. Marks 25 Years

Completing its 25th year, the Barrington, Ill. rep group employs 25 reps and account managers throughout the U.S., and offers clients access to 101 gift and specialty market sales reps for sideline buys. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-02 05:00:00 UTC ]
More news stories like this | News stories tagged with: #25th year #account managers

Stunning Rupert Murdoch deposition leaves Fox News in a world of trouble

Media mogul’s admission in Dominion Systems election case that he let cable network broadcast falsehoods stuns observersIn his 71 years as a media executive, Rupert Murdoch has proved himself to be a grand master in the arts of survival. He has weathered bruising battles with British trade... Continue reading at The Guardian

[ The Guardian | 2023-02-28 21:09:35 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #media mogul #news corp

Haymarket Books, Kaepernick Publishing to Co-Publish Anthology Defending Black Studies

In response to educational bans, Haymarket Books and Kaepernick Publishing are collaborating on a compilation of essays by African American scholars and other Black intellectuals writing in defense of African American/Black Studies. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #haymarket books #kaepernick publishing #anthology

Roald Dahl collection to be published in original form later this year

Publisher Penguin Random House announced Friday it will publish "classic" versions of Roald Dahl's children's novels after it received criticism for cuts and rewrites that were intended to make the books suitable for modern readers. Continue reading at CBC

[ CBC | 2023-02-24 14:35:12 UTC ]
More news stories like this | News stories tagged with: #original form #roald dahl #books suitable #modern readers #publisher penguin

Wi2023: This Year's Winter Institute Had Something for Everyone

Winter Institute 2023, held in Seattle, was the American Booksellers Association's largest ever, and the first in person since 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-24 05:00:00 UTC ]
More news stories like this | News stories tagged with: #winter institute

After 66 Years, 'How The Grinch Stole Christmas' Gets A Sequel

“How the Grinch Lost Christmas!” is not based on a Dr. Seuss manuscript, but was written and illustrated by an author and artist with previous experience with his work Continue reading at HuffPost

[ HuffPost | 2023-02-23 18:03:49 UTC ]
More news stories like this | News stories tagged with: #previous experience #dr. seuss

We Go Way Back: 25 of the Best Historical Fiction Books of the Past 10 Years

Take a trip back in time without leaving your seat with 25 of the best historical fiction books of the past 10 years! Continue reading at Book Riot

[ Book Riot | 2023-02-21 11:34:00 UTC ]
More news stories like this | News stories tagged with: #trip back #historical fiction

Good… news? The HarperCollins Union has approved a new deal!

After almost hitting the 100-day mark on the picket line, HarperCollins Union members (UAW 2110) have agreed to a tentative deal with management. According to this tweet, yesterday, employees expect to return to work on February 21. Big News!!! We have voted to ratfiy the contract and will be... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-17 16:54:37 UTC ]
More news stories like this | News stories tagged with: #tentative deal #harpercollins union #picket line #big news #harpercollins

Storytel Touts Q4 Results in a ‘Truly Remarkable Year’

Audiobook subscription company Storytel cites a 22-percent increase year over year, at 3.2 billion Swedish kronor. The post Storytel Touts Q4 Results in a ‘Truly Remarkable Year’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-17 13:56:54 UTC ]
More news stories like this | News stories tagged with: #audiobook