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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CWA Daggers cash prizes return as authors allowed to self-nominate

The Crime Writers’ Association (CWA) Daggers will award cash prizes again after more than a decade, with the rules also changing to allow authors to nominate their own books.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-01 00:27:57 UTC ]
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Cassandra Peterson finally drags Elvira, L.A.'s spookiest icon, out of the dark

Halloween queen opens up in memoir about alter ego Elvira, troubling encounters with Wilt Chamberlain and Tom Jones, and the relationship she hid for years. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-10-29 16:45:44 UTC ]
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How did the Beatles do it? Paul McCartney is finally telling us.

In “The Lyrics,” McCartney delivers an insider’s look at all the songs — and giving credit to Black artists along the way. Continue reading at The Washington Post

[ The Washington Post | 2021-10-29 12:00:00 UTC ]
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W F Howes and HoZ partner on audio launch for In Every Mirror She’s Black

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[ The Bookseller | 2021-10-29 01:40:29 UTC ]
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Barnes & Noble Name Third-Annual “Book Of The Year” Finalists

8 books, ranging from memoir to pizza czar, history for young readers and lyrics by legends, are the finalists for B&N's Book of the Year. Continue reading at Book Riot

[ Book Riot | 2021-10-28 12:00:00 UTC ]
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Holding and Burrow shortlisted for William Hill Sports Book of the Year

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[ The Bookseller | 2021-10-27 16:44:38 UTC ]
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Ishiguro, Rashford and McCartney make Waterstones Book of the Year shortlist

Kazuo Ishiguro, Marcus Rashford and Paul McCartney are among the authors whose titles are shortlisted for Waterstones Book of the Year 2021. Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 07:08:08 UTC ]
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Indie hit with New Year wait for reprints due to European paper squeeze

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[ The Bookseller | 2021-10-26 02:54:26 UTC ]
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Pearson joins DK as Brown leaves after nearly 24 years

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[ The Bookseller | 2021-10-25 13:28:25 UTC ]
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Square Peg signs Dope Black Dads founder Harrison

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[ The Bookseller | 2021-10-22 23:13:06 UTC ]
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Branden Jacobs-Jenkins is curating a series of classic works by Black playwrights.

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[ Literrary Hub | 2021-10-22 18:01:30 UTC ]
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The racism and neglect that deprived Black neighborhoods of opportunities

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[ The Washington Post | 2021-10-22 12:00:00 UTC ]
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A Library Chicken, WonTon the Bookstore Cat, and Literacy Funding: Your Weekly Dose of Good Bookish News

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[ Book Riot | 2021-10-22 10:42:00 UTC ]
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[ The New York Times | 2021-10-21 15:11:48 UTC ]
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[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
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V.E. Schwab’s New Graphic Novel Returns to her Villains Series

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[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
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[ Los Angeles Times | 2021-10-19 18:31:13 UTC ]
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Marvel Studios is famous for its secrecy. In a new two-volume set, the company finally opens up.

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[ The Washington Post | 2021-10-19 12:00:00 UTC ]
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European Publishers Return to FEP’s ‘Rendez-Vous’ at Frankfurt

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These Are the Best Comics of the Year: the 2021 Harvey Awards Winners

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[ Book Riot | 2021-10-15 10:42:00 UTC ]
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