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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Financial Times Announces a Shortlist in the £30,000 Business Book of the Year Award

The United Kingdom-based business book competition is in its 18th year. Its shortlist deals with economics, business, and politics. The post Financial Times Announces a Shortlist in the £30,000 Business Book of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-09-26 10:02:34 UTC ]
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Amazon's updated e-book return policy looks like a big win for authors

Anyone who has been taking advantage of Amazon's liberal return policy regarding e-books could soon be in for a shock. That's because following discussions with the Authors Guild, Amazon has agreed to block automatic returns on digital books that are more than 10 percent read. Currently, the... Continue reading at Engadget

[ Engadget | 2022-09-23 19:10:20 UTC ]
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Who Are The Groups Banning Books Near You?: Book Censorship News, September 23, 2022

Banned Books Week has been a busy week for banning books. That, plus a look at some of the regional groups pushing censorship. Continue reading at Book Riot

[ Book Riot | 2022-09-23 10:40:00 UTC ]
More news stories like this | News stories tagged with: #busy week #banning books #books week


2021 Was a Stellar Year for Publishing

Final statistics from the Association of American Publishers show that sales in 2021 topped $29 billion, with all categories posting increases. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
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In London and New York, Authors’ Trade Groups Hail Amazon’s Change on Self-Service Ebook Returns

Amazon's change reportedly will prevent a self-service return of a Kindle ebook for a full refund if a consumer has read more than 10 percent of the text. The post In London and New York, Authors’ Trade Groups Hail Amazon’s Change on Self-Service Ebook Returns appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-09-22 19:04:47 UTC ]
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Richard Osman is perfectly at ease pretending to be a 78-year-old woman

The “Thursday Murder Club” author talks about how he gets in character, where he hides his clues — and the murder story in his family history. Continue reading at The Washington Post

[ The Washington Post | 2022-09-21 12:00:00 UTC ]
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SPX Returns to In-Person Comics Festival

SPX, aka the Small Press Expo, held September 17-18 at the Marriott Hotel in Bethesda Md., returned as an in-person event after two years as a virtual show during the Covid pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
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It’s official: Book-banning attempts aimed at libraries are way up this year.

The American Library Association has released its preliminary data on attempts to censor books or limit library resources, and the numbers are bad. From Jan. 1 to Aug. 31, there were 681 “attempts to ban or restrict library resources,” targeting 1,651 titles in total. This number already exceeds... Continue reading at Literrary Hub

[ Literrary Hub | 2022-09-16 16:06:45 UTC ]
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A Banned Books Week Action List: Book Censorship News, September 16, 2022

Take action during Banned Books Week with these action items. That, plus this week's roundup of book censorship news. Continue reading at Book Riot

[ Book Riot | 2022-09-16 10:40:00 UTC ]
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10 Fantasy Book Series For FINAL FANTASY Fans

Read these fantasy book series for FINAL FANTASY fans and enjoy a great narrative while giving your eyes a break from screen time. Continue reading at Book Riot

[ Book Riot | 2022-09-16 10:36:00 UTC ]
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Anne Heche was working on another memoir before she died. It hits shelves next year

Anne Heche died in August of injuries she sustained from a fiery car crash. She published her first memoir, "Call Me Crazy," in 2001. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-09-15 21:01:10 UTC ]
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Byron Allen threatens to sue more advertisers in push to increase Black media spend

As McDonald's and Nielsen lawsuits proceed, Allen says spending on Black-owned media isn't rising fast enough. Continue reading at Advertising Age

[ Advertising Age | 2022-09-14 09:30:00 UTC ]
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August Religion Bestsellers: ‘Chase the Fun’ Takes Off; Wanda Brunstetter Returns

Podcaster Annie F. Downs breaks the top 10 on PW’s Religion Nonfiction Bestsellers list with her new book, ‘Chase the Fun: 100 Days to Discover Fun Right Where You Are’ after launching an interactive shopping campaign at Target and Walmart; Wanda Brunstetter’s latest Amish romance debuts at #3... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-14 04:00:00 UTC ]
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Amazon’s upgrades to its entry-level Kindle should finally silence critics

Last year, Amazon spiffed up the Kindle Paperwhite, infusing its mid-tier e-reader with an array of premium hardware upgrades. The tweaks were enough to push the humbler entry-level Kindle firmly out of the spotlight given its inferior screen, lower number of front light LEDs, and lack of... Continue reading at PC World

[ PC World | 2022-09-13 13:00:00 UTC ]
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Greenleaf: Stewards of Storytelling for 25 Years

With its stellar track record of retail success—including more than 50 New York Times and Wall Street Journal bestsellers—Greenleaf has been a proven innovator within the hybrid publishing world for 25 years and counting. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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Jonathan Escoffery on Navigating Identity, Blackness, and Literary Fame

Jonathan Escoffery’s first book, the superbly crafted, kinetic linked story collection If I Survive You, arrives with four starred pre-publication reviews and an early rave from The New Yorker’s Katy Waldman, with more to come. He’s a rare debut author with a lengthy track record. His stories... Continue reading at Literrary Hub

[ Literrary Hub | 2022-09-06 08:57:51 UTC ]
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A Black mother’s wary embrace of her neighborhood’s White mommy group

In her gentrifying D.C. neighborhood, Helena Andrews-Dyer confronts issues of race and belonging — and, as a new mom, finds a place to vent. Continue reading at The Washington Post

[ The Washington Post | 2022-09-02 10:00:29 UTC ]
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‘Goodnight Moon’: 75 years in the great green room

Decades after its first publication, Margaret Wise Brown’s classic children’s book “Goodnight Moon” still brings families together. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2022-09-01 15:59:00 UTC ]
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A peek at the landmark exhibition ‘In the Black Fantastic’

"In the Black Fantastic" has gotten rave reviews. Now there's a companion book by curator Ekow Eshun. Continue reading at The Washington Post

[ The Washington Post | 2022-09-01 12:00:40 UTC ]
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Good news for books: The Washington Post’s book section is back!

Sometime around 2006, everyone in publishing began to lament the death of the book section. In the face of declining readership, budget cuts, and mergers, newspapers began to realize that book review sections did not bring in enough ad revenue to cover their costs and so cut and culled until... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-26 16:03:34 UTC ]
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