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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Tokyopop Marks 25 Years: CEO Stu Levy Looks Back and Ahead

Founded 25 years ago by Stu Levy at a time when manga was a niche within a niche, Tokyopop brought manga—Japanese book-format comics—to a new generation of young American fans, ushering in a new era in North American comics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-18 04:00:00 UTC ]
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Panel Mania: Radical: My Year with a Socialist Senator by Sofia Warren

In the summer of 2018, 'New Yorker' Cartoonist Sofia Warren emailed Julia Salazar, a young democratic socialist running for the New York state senate, a request to follow her around and create a nonfiction comics account of her campaign. The result is the graphic memoir 'Radical: My Year with a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-18 04:00:00 UTC ]
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A new 'Black Mirror' season is in the works after a long hiatus

It seems Black Mirror is making a comeback. Three years after the fifth season of the sci-fi anthology series arrived, Variety reports that Netflix has greenlit a sixth season.Details are scant for now, though it seems casting is in progress for a season that's expected to have more episodes... Continue reading at Engadget

[ Engadget | 2022-05-16 14:22:10 UTC ]
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The iPod created the two-headed monster that finally killed it

The iPod's death has been a long time coming. Somehow, it's already been eight years since Apple discontinued the iconic iPod classic. Nonetheless, the news this week that Apple is discontinuing its last iPod, the touch is significant: This officially marks the official end of a product that set... Continue reading at Engadget

[ Engadget | 2022-05-13 13:00:47 UTC ]
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A Black professor in Baltimore, bridging two worlds

Lawrence Jackson grew up in a mostly Black neighborhood, Park Heights; now he lives in a mostly White one, Homeland. Continue reading at The Washington Post

[ The Washington Post | 2022-05-13 12:00:29 UTC ]
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The U.S. Book Show Returns

Welcome, and welcome back! Here’s an overview of this year’s virtual panels and presentations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-13 04:00:00 UTC ]
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8 Year Old Published Book About How A Turtle Got Its Shell

In San Diego, an 8-year-old published a book about a courageous turtle and plans to donate the proceeds for art and music supplies. Continue reading at Book Riot

[ Book Riot | 2022-05-12 21:42:48 UTC ]
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Google's new tool will let EU publishers get paid for longer news snippets in search

Google has inked agreements with over 300 news publications in Germany, Hungary, France, Austria, the Netherlands and Ireland that would allow it to publish snippets of their stories on Search. The tech giant has announced the development in a blog post, where it has also launched new tool that... Continue reading at Engadget

[ Engadget | 2022-05-11 10:25:45 UTC ]
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Writers keep returning to Biggie. We may know as much as we ever will.

Journalist Justin Tinsley revisits the life and times of a hip-hop star gone too soon. Continue reading at The Washington Post

[ The Washington Post | 2022-05-11 10:00:00 UTC ]
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A Sci-Fi Writer Returns to Earth: ‘The Real Story is the One Facing Us.’

Kim Stanley Robinson, one of the most acclaimed living science fiction writers, is done with deep space narratives. His focus now is on solving real problems — like climate change. Continue reading at The New York Times

[ The New York Times | 2022-05-11 09:00:20 UTC ]
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Bono has finally done it. He’s written his memoir. And it’s going to be published.

Look, The Joshua Tree was the first album I ever bought with my own money. I have a soft spot for U2, up to and including Achtung Baby (I guess). And I suppose a memoir by one of the biggest rock stars of a generation is to be expected, particularly one who’s assumed an often […] Continue reading at Literrary Hub

[ Literrary Hub | 2022-05-10 13:35:33 UTC ]
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Danyel Smith’s ‘Very Personal History’ gives Black women of pop music their due

In this Washington Post Live conversation from May 4, author Danyel Smith explains why she wanted to give Black women their due in “Shine Bright: A Very Personal History of Black Women in Pop.” Continue reading at The Washington Post

[ The Washington Post | 2022-05-10 10:00:00 UTC ]
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Senate Chaplain Barry Black Debuts a Book for Kids

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[ Publishers Weekly | 2022-05-10 04:00:00 UTC ]
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Tish Harrison Warren Wins 2022 Christian Book of the Year

At the first in-person ECPA Leadership Summit held in three years, Tish Harrison Warren won Book of the Year for 'Prayer in the Night.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-04 04:00:00 UTC ]
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Your Kindle can finally read ePub books

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[ PC World | 2022-05-03 17:38:37 UTC ]
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Celebrating 20 Years: Close-up on Quirk Books

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[ Publishers Weekly | 2022-05-03 04:00:00 UTC ]
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Amazon's Kindle will finally add epub support

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[ Engadget | 2022-05-03 00:25:01 UTC ]
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White House Historical Association Marks 60 Years of Publishing

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[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Georgia’s World Book Capital Program Stages Its Black Sea Conference

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[ Publishing Perspectives | 2022-04-19 17:35:48 UTC ]
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[ Publishers Weekly | 2022-04-19 04:00:00 UTC ]
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