News Corp. Revenue Falls in Inaugural Quarter as Ads Suffer

News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Revenue fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year earlier, the New York- based company said today in a statement. Analysts had predicted $2.18 billion, according to data compiled by Bloomberg.The news division, which publishes newspapers in the U.S., the U.K. and Australia, saw revenue fall 10% to $1.5 billion in the period, with Australia accounting for most of the decline. Circulation and subscription sales also shrank in the period, dropping 6%. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2013-11-12 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-26 00:00:00 UTC ]
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[ Editor & Publisher | 2014-09-25 00:00:00 UTC ]
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[ The Bookseller | 2014-09-25 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, September 24, 2014

Name change for Logos; new TV program features Kregel author; Chalice forges partnership with ministry organization. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-24 00:00:00 UTC ]
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DC Is Getting Its TV on This Fall

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[ AdWeek | 2014-09-22 00:00:00 UTC ]
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[ The Bookseller | 2014-09-19 00:00:00 UTC ]
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The Wall Street Journal’s guide to making great native ads

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[ Digiday | 2014-09-19 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
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[ Wired | 2014-09-17 00:00:00 UTC ]
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[ Editor & Publisher | 2014-09-16 00:00:00 UTC ]
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[ AdWeek | 2014-09-15 00:00:00 UTC ]
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[ Advertising Age | 2014-09-10 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-10 00:00:00 UTC ]
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[ The Bookseller | 2014-09-09 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
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[ The Bookseller | 2014-09-09 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-05 00:00:00 UTC ]
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[ Editor & Publisher | 2014-09-04 00:00:00 UTC ]
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[ Publishers Weekly | 2014-08-28 00:00:00 UTC ]
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