News Corp. said it is evaluating options for its News America Marketing business that could include a sale, which would leave the publisher of the Wall Street Journal and New York Post more purely focused on media while removing what’s been a troubled unit. The review of News America, which offers in-store marketing and shopper circulars, “will result in enhanced shareholder value, as we seek to streamline our company, with the aim of greater transparency and profitability,” News Corp. Chief Executive Officer Robert Thomson said in a statement. Media-focused investment bank Allen & Co. is advising on the process. News America has been something of an albatross for News Corp. in recent years. The company recognized noncash impairment charges totaling $165 million related to News America in the quarter ended March 2018, and the unit was the subject of a lawsuit by consumer brands that led to a $250 million settlement in 2016. The marketing unit is also suffering from a version of the same ailment afflicting News Corp.’s print-media properties: declining circulation. Revenue at News America dropped 7 percent in the nine months ended March 31, with the company mainly citing lower home-delivered revenue amid a drop in volume. News Corp. shares rose as much as 2.7 percent to $12.57 in New York trading Tuesday. The stock is up more than 10 percent so far this year, though down 22 percent in the past 12 months. —Bloomberg News Continue reading at 'Advertising Age'
[ Advertising Age | 2019-06-18 20:05:16 UTC ]
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Tim O'Brien, author of the great novel 'The Things They Carried,' explains how COVID and Trump spawned 'America Fantastica,' his first novel in 20 years. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-10-13 10:00:10 UTC ]
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A new collection of her novels and stories is a showcase for a science fiction pioneer. Continue reading at The New York Times
[ The New York Times | 2023-10-08 09:00:34 UTC ]
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In his fond memoir “Making It So,” the actor traces the path from the working class to the Shakespearean stage to “Star Trek” superstardom. Continue reading at The New York Times
[ The New York Times | 2023-10-03 09:00:17 UTC ]
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In his memoir “The Controversialist,” Martin Peretz reflects on his long tenure as publisher and editor of The New Republic. Continue reading at The New York Times
[ The New York Times | 2023-10-02 14:15:47 UTC ]
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No one emerges with much credit in Wolff’s second study of Rupert Murdoch and his family – a gossipy story of power and greed peppered with endless layers of psychological insightFifteen years ago, Michael Wolff wrote a study of Rupert Murdoch entitled The Man Who Owns the News. It benefited... Continue reading at The Guardian
[ The Guardian | 2023-10-02 06:00:06 UTC ]
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The Fire and Fury author returns with a typically readable account of the declining years of a rightwing media behemothIn September, Rupert Murdoch ceded direct control of Fox and News Corp to Lachlan Murdoch, his oldest son. At 92, Rupert became chairman emeritus. He is off the stage but... Continue reading at The Guardian
[ The Guardian | 2023-10-01 06:00:36 UTC ]
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“Collision of Power,” Martin Baron’s memoir of his tenure as the paper’s executive editor, is a gripping chronicle of politics and journalism in a period of instability for both. Continue reading at The New York Times
[ The New York Times | 2023-09-30 09:00:50 UTC ]
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Equal parts Terminator, The Golden Child and The Matrix prequel, The Creator is yet another sci-fi epic about a war between humans and AI, one told by someone who just can't shut up about their time backpacking across Asia. Director Gareth Edwards clearly understands the... Continue reading at Engadget
[ Engadget | 2023-09-29 17:30:21 UTC ]
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“Coming and Going” is the photographer Jim Goldberg’s visual memoir of three generations in his family, from 1980 to today. Continue reading at The New York Times
[ The New York Times | 2023-09-29 09:02:30 UTC ]
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Business and financial news publisher Bloomberg Media is restructuring its sales and marketing divisions around industries like tech, finance, auto, luxury and consultancy, rather than geography, to streamline operations and strengthen its appeal to advertisers, according to chief revenue... Continue reading at AdWeek
[ AdWeek | 2023-09-28 10:30:00 UTC ]
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A statement cited increased costs and removal of UK state funding as the magazine, which featured writers including Paul Murray, Caleb Azumah Nelson and Sally Rooney, is to consider its future Literary magazine the White Review will not be published “for an indefinite period” according to a... Continue reading at The Guardian
[ The Guardian | 2023-09-26 09:06:39 UTC ]
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The actor’s audio-only memoir delivers songs, stories and scenes with humor and vulnerability. Continue reading at The New York Times
[ The New York Times | 2023-09-22 09:01:07 UTC ]
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"Amid a growing climate of censorship, school book bans continue to spread through coordinated campaigns by a vocal minority of groups and individual actors and, increasingly, as a result of pressure from state legislation," the report finds. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-21 04:00:00 UTC ]
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Jonathan Raban’s “Father and Son” is a memoir of illness and recovery paired with a parental history. Continue reading at The New York Times
[ The New York Times | 2023-09-18 09:01:46 UTC ]
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‘Kill the Rich’ by Jack Allison and Kate Shapiro is a lacerating satire of America’s gonzo culture—and no one comes out unscathed. A provocative book title doesn’t always telegraph to readers what awaits inside. When it comes to those self-help books that include a naughty little swear on the... Continue reading at Fast Company
[ Fast Company | 2023-09-16 03:00:00 UTC ]
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A right-wing book publisher has a solution to Scholastic Book Fairs: their own. That, plus this week's book censorship news. Continue reading at Book Riot
[ Book Riot | 2023-09-15 10:40:00 UTC ]
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At a GlanceExpert's Rating ProsEasy to useSupports 12 simultaneous devicesDecent for streamingConsInterface feels outdatedSmall list of available serversPricey for the features offeredOur VerdictStrongVPN doesn’t have the largest server list, nor does it offer a very extensive feature set.... Continue reading at PC World
[ PC World | 2023-09-13 14:30:00 UTC ]
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“We are thrilled to announce that The Paris Review has won a 2023 Whiting Literary Magazine Prize.” Continue reading at The Paris Review
[ The Paris Review | 2023-09-13 14:10:36 UTC ]
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The August assessment of Circana BookScan's Kristen McLean shows romance leading a drop in United States print book sales. The post Circana BookScan: US Print Book Market ‘Slowing a Bit’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-11 22:40:03 UTC ]
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The new cookbook from Bricia Lopez approaches Mexican cuisine with a festive, LA vibe. The recipes, which heavily feature open-flame cooking, are universally delicious. Continue reading at Wired
[ Wired | 2023-09-06 13:00:00 UTC ]
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