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'


Year-End Russian Book Publishing Industry Assessment: ‘Seriously Difficult’

The downturn in print book sales in Russia may have been as deep as between 50 and 70 percent, according to editor Svetlana Zorin. The post Year-End Russian Book Publishing Industry Assessment: ‘Seriously Difficult’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-04 14:35:09 UTC ]
More news stories like this | News stories tagged with: #print book #russian book


The New York Times Announces Their Readers’ Pick for Best Book of the Past 125 Years

The New York Times Book Review marked their anniversary by asking readers to nominate the best book of the past 125 years. Here's the result. Continue reading at Book Riot

[ Book Riot | 2022-01-03 15:52:45 UTC ]
More news stories like this | News stories tagged with: #times book


Tech that can help you stick to your New Year’s resolutions

Regardless of how 2021 went for you, 2022 is another chance for all of us to make the new year better than those that came before it. We set New Year’s resolutions with the best of intentions, but it’s no wonder that so many people fail after just a few weeks – old habits die hard. Just as it’s... Continue reading at Engadget

[ Engadget | 2022-01-01 14:34:42 UTC ]
More news stories like this | News stories tagged with: #kindle unlimited #audiobook lovers #local bookstore #people recognize #8-inch display #battery life #wireless earbuds #file types #bookstore #audiobook #kindle #cookbook


As a black literary agent, I despair at UK publishing's lack of diversity | Natalie Jerome

For decades, I sat in meetings with all-white teams. The industry needs an independent body to advise on equalityI’m a literary agent and at the height of last year’s Black Lives Matter protests I was sent a list, with accompanying photographs, of the top editors working across the major... Continue reading at The Guardian

[ The Guardian | 2022-01-01 10:00:46 UTC ]
More news stories like this | News stories tagged with: #uk publishing #open letter #guardian reported #lead character #natalie jerome #literature wales #children’s book #penguin random house #major publishing #literary agent


‘The Latinist’ is the perfect suspense novel to kick off your reading year

Set in the claustrophobic world of academia, this twisty tale by Mark Prins will remind you of Donna Tartt’s ‘The Secret History’ Continue reading at The Washington Post

[ The Washington Post | 2021-12-31 23:16:02 UTC ]
More news stories like this | News stories tagged with: #reading year #twisty tale #donna tartt #secret history


Usborne, Parks and Raúf awarded with New Year's Honours

Publisher Peter Usborne, novelist Anthony Horowitz and cookery writer Claudia Roden have all been awarded the CBE in the New Year's Honours list, while there are also awards for authors including Adele Parks, Onjali Q Raúf and Ann Cleeves. Continue reading at The Bookseller

[ The Bookseller | 2021-12-31 16:08:34 UTC ]
More news stories like this | News stories tagged with: #honours list #ann cleeves


Why being Black in America so often involves some kind of performance

Michael Eric Dyson explains the intersection of race, entertainment and survival. Continue reading at The Washington Post

[ The Washington Post | 2021-12-30 13:00:00 UTC ]
More news stories like this |


UK's first Black specialist bookshop New Beacon to close

The UK's first Black specialist bookshop is to shut its doors and move entirely online, as financial constraints jeopardise its future.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-28 16:05:54 UTC ]
More news stories like this | News stories tagged with: #bookshop


12 books I should have reviewed this year: A critic’s lament

There were too many worthy books, but I had too little time — and, alas, too many excuses. Continue reading at The Washington Post

[ The Washington Post | 2021-12-28 13:00:00 UTC ]
More news stories like this | News stories tagged with: #worthy books


The exceptional stories in ‘On Girlhood’ explore the realities of growing up Black and female

‘On Girlhood,’ edited by Glory Edim, pulls together the work of Toni Morrison, Alice Walker and more. Continue reading at The Washington Post

[ The Washington Post | 2021-12-23 12:00:13 UTC ]
More news stories like this | News stories tagged with: #exceptional stories #glory edim #toni morrison #alice walker


Waterstones buyers herald 'bumper year' and look forward to healthy 2022

Waterstones buyers have heralded 2021 as a "bumper year" for publishing and are looking forward a "healthy 2022". Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 01:27:33 UTC ]
More news stories like this | News stories tagged with: #bumper year


A Year in Reading the Backlist: Larissa Pham

Lately, I’ve tried to read books published more than five years ago, and this year, I found a lot of pleasure in dwelling in the backlist—though I made time for a few new books. The post A Year in Reading the Backlist: Larissa Pham appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2021-12-22 20:00:42 UTC ]
More news stories like this |


Eddie Redmayne voices Burton-Hill’s Another Year of Wonder

Clemency Burton-Hill’s audiobook of Another Year of Wonder (Headline Home) will be narrated by Academy Award winner Eddie Redmayne, with an introduction from Elizabeth Day. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 14:20:56 UTC ]
More news stories like this | News stories tagged with: #headline home #elizabeth day #audiobook


Waterstones partners with Sunday Times Young Writer of the Year Award

Waterstones is partnering with the Sunday Times Young Writer of the Year Award to celebrate the best emerging talent in the UK and Ireland, hosting exclusive accompanying content across all its channels.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 08:28:44 UTC ]
More news stories like this | News stories tagged with: #young writer of the year award


Acclaimed Black Feminist bell hooks Dies at 69

bell hooks, the activist, author, groundbreaking intersectional feminist theorist, and professor, died on December 15 at her home in Berea, Ky. She was 69. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-20 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bell hooks


Goldsmiths winner Harrison moves to Serpent's Tail from Gollancz after 40 years

Serpent's Tail has bagged a post-apocalyptic novel and a memoir from 2020 Goldsmiths Prize winner M John Harrison, who is leaving his long-term publisher Gollancz after 40 years.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-19 23:45:16 UTC ]
More news stories like this | News stories tagged with: #john harrison #memoir


A Sweet First Year for Sweet Pickle Books

Leigh Altshuler is one of a number of booksellers to open up shop during the pandemic, though her store in Manhattan's Lower East Side is, to put it mildly, is unique: it's also a pickle shop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-17 05:00:00 UTC ]
More news stories like this |


A Year in Reading 2021

For the 'Millions,' 12 authors look back at 2021 and the books they read along the way. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-17 05:00:00 UTC ]
More news stories like this |


bell hooks pushed us to think harder about feminism, Black women and Beyoncé

bell hooks was a legend. She was also human, and we should celebrate her complexity. Continue reading at The Washington Post

[ The Washington Post | 2021-12-16 17:44:05 UTC ]
More news stories like this | News stories tagged with: #black women #bell hooks


Alden sues Lee after news publisher rejects its takeover bid

Alden Global Capital hedge fund, owner of the Chicago Tribune, stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-16 17:02:32 UTC ]
More news stories like this | News stories tagged with: #takeover bid #chicago tribune #news publisher