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 ]
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Sarah Young’s ‘Jesus Calling,’ which just surpassed 40 million copies sold since its publication 18 years ago, takes #1 on the Religion Nonfiction Bestsellers list after having a banner month; Mitch Albom returns to #1 in Religion Fiction with ‘The Stranger in the Lifeboat.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-13 04:00:00 UTC ]
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The StatShot report from AAP shows United States trade book industry revenues falling 8.9 percent in April and 1 percent year-to-date. The post StatShot: US Industry Down 12.6 Percent in April; 2.3 Percent Year-to-Date appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-07-11 17:32:26 UTC ]
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After two straight years of solid growth, print book sales fell 6.6% in the first half of 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-08 04:00:00 UTC ]
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The Little Literary Fair, which celebrates West Coast publishing, will return to Los Angeles' Arts District for the final weekend of July. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-07-05 16:00:34 UTC ]
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The 2022 ALA Annual Conference, the first in-person annual conference since 2019, set a new high-water mark for the return to U.S. in-person events in the book business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-01 04:00:00 UTC ]
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Grief is one of those experiences that seems like a black-out to me. To comprehend the magnitude of what death really means—that concept of forever—is so challenging on an intellectual level that part of us shuts down in response so we can attend to the thought. Or use all our energy to escape... Continue reading at Literrary Hub
[ Literrary Hub | 2022-06-30 08:51:08 UTC ]
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In its fourth and final year, IPA’s Africa Publishing Innovation Fund will support publishers in accessibility. By Porter Anderson, Editor-in-Chief | @Porter_Anderson ‘Opening the Literary World to Everyone’ ur readers will recall that at mid-June, we had the announcement of the Africa... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-29 10:33:25 UTC ]
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The American Library Association held its first in-person annual conference since 2019 in Washington, D.C., beginning on June 23, and with today and tomorrow still to come, the show's return is getting solid reviews. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-27 04:00:00 UTC ]
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A onetime veterinarian, he became a regular on NPR with his comical stories and poems of rural life. Continue reading at The Washington Post
[ The Washington Post | 2022-06-26 02:24:49 UTC ]
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With the newspaper’s founder and senior editors jailed, other pro-democracy media outlets shut and 1,000 journalists out of work, can press freedom survive in the territory?Read more: ‘My career is finished, my friends are in prison and I’m an alien in my city’: life after Hong Kong’s Apple... Continue reading at The Guardian
[ The Guardian | 2022-06-24 05:01:07 UTC ]
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After a three year hiatus due to the pandemic, the Toronto Comic Arts Festival, held June 17-19, welcomed in-person artists and fans to the Toronto Reference Library for an international presentation of new titles and artists. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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Four writers and one bookseller gathered over Zoom to make a list devoted to fiction in which the city is more than mere setting. Continue reading at The New York Times
[ The New York Times | 2022-06-22 09:08:54 UTC ]
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Fans of Britain’s Queen Elizabeth II have new options for learning about her seven-decade reign. Continue reading at The Washington Post
[ The Washington Post | 2022-06-18 12:00:58 UTC ]
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Karolina Waclawiak, its executive editor of culture, takes over the newsroom at a difficult moment for the digital media company. Continue reading at The New York Times
[ The New York Times | 2022-06-16 21:14:16 UTC ]
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Haymarket Business Media won another two prizes, including best B2B digital publishing company. Continue reading at Media Week
[ Media Week | 2022-06-16 07:59:53 UTC ]
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Sales in fiscal 2022 at Bloomsbury Publishing were up 24% over fiscal 2021, rising to $277 million, and profits increased 40%, to $32.2 million. The U.S. now accounts for about 30% of the publisher's sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-15 04:00:00 UTC ]
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Los Angeles’ Eso Won Books has announced that they will be shutting their doors at the end of the year. Since the 1980s, this independent bookstore has dedicated itself to celebrating the voices of Black writers. They are known for their large selection of books on every subject relating to... Continue reading at Literrary Hub
[ Literrary Hub | 2022-06-14 15:53:11 UTC ]
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The final order declares Maryland's groundbreaking, controversial library e-book law preempted by the Federal Copyright Act and blocks its enforcement, all but ending a months-long lawsuit filed by the Association of American Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-14 04:00:00 UTC ]
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Taking many in the British publishing community by surprise, Costa Book Awards is discontinuing its long-running program. The post In England, Costa Book Awards Is Closing After 50 Years appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-10 19:12:26 UTC ]
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Coffee company announces ‘difficult decision’ to end the prizes, sparking a chorus of disappointment across the books industryThe Costa book awards, after running for half a century, have been abruptly scrapped. The coffee shop chain has said the 2021 awards, which were announced in February... Continue reading at The Guardian
[ The Guardian | 2022-06-10 13:00:18 UTC ]
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