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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John Hendrickson's memoir “Life on Delay” recounts his experience with this poorly understood neurological disorder, tracing an arc from frustration and isolation to acceptance and community. Continue reading at The New York Times
[ The New York Times | 2023-01-18 10:00:22 UTC ]
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“Teller of the Unexpected,” an elegant new biography, sidesteps the ugly side of the children’s book author while capturing his grandiose, tragedy-specked life. Continue reading at The New York Times
[ The New York Times | 2023-01-17 20:39:40 UTC ]
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Electrified by outrage—and elevated by a gifted ghostwriter—his blockbuster memoir “Spare” exposes more than Harry’s enemies. Continue reading at New Yorker
[ New Yorker | 2023-01-13 11:00:00 UTC ]
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Electrified by outrage—and elevated by a gifted ghostwriter—his blockbuster memoir “Spare” exposes more than Harry’s enemies. Continue reading at New Yorker
[ New Yorker | 2023-01-13 11:00:00 UTC ]
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Most senior media agency professionals want their clients to invest in emerging media and explore new digital channels this year. With global advertising spend forecast to slow this year from record levels of spend and the rising cost of digital media spend, marketers will be scrutinizing where... Continue reading at AdWeek
[ AdWeek | 2023-01-11 13:54:14 UTC ]
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At once emotional and embittered, the royal memoir is mired in a paradox: drawing endless attention in an effort to renounce fame. Continue reading at The New York Times
[ The New York Times | 2023-01-10 21:07:46 UTC ]
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On the 125th anniversary of “J’Accuse,” a picture book for older kids places the lives of Alfred Dreyfus and Émile Zola side by side. Continue reading at The New York Times
[ The New York Times | 2023-01-06 07:36:52 UTC ]
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We’re back in Vegas for CES, and while the show doesn’t officially open until tomorrow, many exhibitors have already unveiled their new products at various press conferences and media events. Today, we’re starting to see some of the early car news that frequently dominates CES, as well as more... Continue reading at Engadget
[ Engadget | 2023-01-05 19:50:52 UTC ]
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The Börsenverein reports on book sales and bestsellers in German book market in 2022 and depicts 'a major economic challenge.' The post German Book Market in 2022: Sales Down 2.1 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-01-05 14:26:20 UTC ]
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Growing up, the library was not just Amanda Oliver’s favorite place but also her “first beloved destination, first embodied center… it was absolutely sacred.” However, soon after Oliver began her career as a librarian at a Title I school and then in the D.C. public library system, she witnessed... Continue reading at Electric Literature
[ Electric Literature | 2023-01-05 12:00:00 UTC ]
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The first of what will be a number of print books from commercial trade publishers featuring the text of the Select January 6th Committee Final Report hit the market last week, selling more than 46,000 combined copies at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-01-05 05:00:00 UTC ]
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With the acquisition of the literary agency Fletcher & Company, UTA added hundreds of authors to its client roster. The deal comes amid consolidation in the entertainment industry. Continue reading at The New York Times
[ The New York Times | 2023-01-04 17:18:03 UTC ]
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Long-awaited Nielsen One is ready to use, but not ready for trading as VAB call it a 'work in progress.' Continue reading at Advertising Age
[ Advertising Age | 2023-01-04 12:00:00 UTC ]
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In a newly reissued photo book from 1967, Ernest Cole surveys the ever-present atrocities of European oppression. Continue reading at The New York Times
[ The New York Times | 2022-12-29 10:00:35 UTC ]
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From Bloomsbury to the Billboard Hot 100, these audiobooks will hook you based on story alone. Continue reading at The New York Times
[ The New York Times | 2022-12-23 10:00:15 UTC ]
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Maia Kobabe's graphic memoir "Gender Queer" became the most banned book in American schools, drawing the Northern California artist and writer into the nation's cultural wars. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-12-21 11:00:19 UTC ]
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‘Tis the season for schadenfreude. Yes, for the sixth year running, we’ve emerged from the bowels of the book review mines trailing behind us an oozing sack of pans—each one riper and more wince-inducing that the last. Among the books being gored and devoured by feral hogs this year: Jared... Continue reading at Literrary Hub
[ Literrary Hub | 2022-12-20 09:55:19 UTC ]
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The index is a research framework that analyzes and ranks a set of publications across digital threshold experience, member benefits and pricing and plans dimensions. Continue reading at Digiday
[ Digiday | 2022-12-20 05:01:00 UTC ]
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Way back in the mid-aughts when I first started writing about books, pitching a print publication was the only reliable way for book critics to get paid, and third-person point of view was all the vogue. Much has changed in the years since: Newspaper and magazine book sections have shuttered,... Continue reading at Literrary Hub
[ Literrary Hub | 2022-12-19 09:55:21 UTC ]
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Beatrice Alemagna’s “You Can’t Kill Snow White,” a picture book for older kids, mines the brutal envy that underpins the original Brothers Grimm tale. Continue reading at The New York Times
[ The New York Times | 2022-12-16 17:24:59 UTC ]
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