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 ]
News tagged with: #first-quarter revenue #print advertising #revenue fell #year earlier #data compiled #news division #subscription sales

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'The Casual Vacancy' ebook suffers technical problems

Some readers were upset by the font size of early releases of the ebook version of 'The Casual Vacancy,' in addition to concerns about its price. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-02 00:00:00 UTC ]
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Hearst Reboots Mobile Mag Sites in Ad Push

There’s no question about it­—mobile traffic is booming as people spend more time hunched over their little screens. For magazines, it represents an opportunity to capture more readers and try to convert them to paying ones. But advertising on small screens hasn’t kept up. Research by Flurry... Continue reading at AdWeek

[ AdWeek | 2012-10-01 00:00:00 UTC ]
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JK Rowling ebook suffers glitches

JK Rowling's novel, The Casual Vacancy, suffers a formatting error in the US making it near-impossible to read on some e-readers. Continue reading at BBC World

[ BBC World | 2012-09-28 00:00:00 UTC ]
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Sharethrough Promises Video Ads That Look Like Content

The social video firm Sharethrough wants to help brands run video ads that don't look like video ads. The company, which claims to be able to help advertisers get their ads viewed all over the Web through placements within editorial content rather than paid ad placements (like pre-rolls), has... Continue reading at AdWeek

[ AdWeek | 2012-09-26 00:00:00 UTC ]
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Flipboard Looks to Elevate Tablet Ads

After crossing the 20 million user threshold last week, On Friday, the social magazine Flipboard is looking to capture the imagination of brands by elevating tablet advertising. To that end, Flipboard has unveiled a new digital magazine-like ad treatment for Levi's, which blends elements of... Continue reading at AdWeek

[ AdWeek | 2012-09-07 00:00:00 UTC ]
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How French Publishers Are Fighting Back Against Facebook and Google's Display Ad Dominance

The battle to keep online advertising yields and returns high in a market of infinite volume and little scarcity rages on. But some publishers are deciding that it's not their fellow broadcasters, magazines and newspaper who are the problem but t ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-09-04 00:00:00 UTC ]
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SEAL Book, New Rowling Could Signal A Strong Fall

Over the past decade sales patterns have changed, with fall, or “holiday,” sales picking up later and later—often in the last two weeks of the season. But things could be different this year. With the closing of Borders, many stores saw a significant uptick last November, and for some, like San... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-09-01 00:00:00 UTC ]
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FastStats: Publishing Industry Statistics, News and Trends

Smartphone Junkies Would you admit not being able to live without your smartphone? Over two-thirds of respondents to a recent survey by the Online Publisher's Association did just that. The survey, conducted online with 2,540... Continue reading at Publishing Executive

[ Publishing Executive | 2012-09-01 00:00:00 UTC ]
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Fifty Shades drives record revenues and profits for Random

The "spectacular" publishing success of the Fifty Shades trilogy has driven record half... Continue reading at The Bookseller

[ The Bookseller | 2012-08-31 00:00:00 UTC ]
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German Cabinet Backs Law That Could Allow News Publishers to Sue Google

The German cabinet gave its backing Wednesday to a draft law extending copyright protection to snippets of news articles republished by search engines, although... Continue reading at PC World

[ PC World | 2012-08-29 00:00:00 UTC ]
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Barnsley: digital 50% of revenue in 18 months

HarperCollins UK c.e.o. Victoria Barnsley has predicted that half her company’s revenue... Continue reading at The Bookseller

[ The Bookseller | 2012-08-28 00:00:00 UTC ]
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Young-adult books by Fiona Paul, Eric Greitens and others this fall

YA promises diversity with historical fiction, paranormal romance, murder mysteries and thrillers.YA promises diversity with historical fiction, paranormal romance, murder mysteries and thrillers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-08-26 00:00:00 UTC ]
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B&N Will Rise or Fall with Content

While Barnes & Noble has created lots of buzz and headlines with its Nook e-reading devices, its future profitability lies in the sale of content. That was the message CEO William Lynch delivered to analysts last week in a conference call discussing first-quarter results. Improved gross... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-08-24 00:00:00 UTC ]
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Why Increased Competition for Marketing Spend is Bad News for Print Media

The newspaper business’s reliance on the industrial machine of printing and distributing is often understated. It’s a delicate ecosystem that can have a real effect on publisher margins – as the fluctuation in newsprint ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-24 00:00:00 UTC ]
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Local News Sites Form New Trade Association

Next month, at the annual Block by Block conference for local news sites, around 100 independent publishers will celebrate the launch of a new nonprofit trade group that will offer support for the growing hyperlocal news industry.   Local Indepe ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-08-22 00:00:00 UTC ]
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E-book sales surge in first quarter, says B&N

US retailer Barnes & Noble has reported a 46% rise in digital content sales for its fiscal... Continue reading at The Bookseller

[ The Bookseller | 2012-08-21 00:00:00 UTC ]
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News plans to shed 10% of photographers

News Limited is planning to get rid of 10 per cent of its photographers across the publisher's newspapers. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2012-08-16 00:00:00 UTC ]
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E-book revenue up 250% at HarperCollins UK

HarperCollins UK has described its annual performance as "strong", despite the... Continue reading at The Bookseller

[ The Bookseller | 2012-08-09 00:00:00 UTC ]
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Apple iPad sales up 84% in third quarter

Unit sales of the iPad rose 84% year-on-year in the third quarter ending 30th June 2012, to a... Continue reading at The Bookseller

[ The Bookseller | 2012-07-25 00:00:00 UTC ]
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Online Publishers to Promote Each Other’s Work, Strengthen Digital News

Four local online newsrooms have united to broaden New Orleans’ news options. The mission of the newly formed New Orleans Digital News Alliance is to connect independent digital news organizations for the benefit of our readers and to stren ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-24 00:00:00 UTC ]
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