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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Critics raved over 'The Old Drift,' Namwali Serpell's epic debut novel. Our critic prefers her more difficult, intimate follow-up, 'The Furrows.' Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-09-27 13:00:37 UTC ]
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#namwali serpell
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By the time I read Hilary Mantel’s 1996 review of Kate Atkinson’s debut novel Behind the Scenes at the Museum in the London Review of Books, the novel had been a favorite of mine for over a decade. My mother gave me the book when I was in high school—both of us entirely unaware of […] Continue reading at Literrary Hub
[ Literrary Hub | 2022-09-23 14:57:31 UTC ]
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Banned Books Week has been a busy week for banning books. That, plus a look at some of the regional groups pushing censorship. Continue reading at Book Riot
[ Book Riot | 2022-09-23 10:40:00 UTC ]
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Unit sales of print books dropped 2.3% in the week ended Sept. 17, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
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With marketing ploys that are just transaction schemes extended into a digital space, marketers are falling behind the innovation pack. Continue reading at Advertising Age
[ Advertising Age | 2022-09-22 09:30:00 UTC ]
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#digital space
#science fiction
In the first half of 2022, consumers bought more ebooks per capita and paid more for them, offsetting a smaller buyers' base. The post Germany’s Ebook Market January to June: ‘Slight Growth’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-09-21 22:30:20 UTC ]
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Take action during Banned Books Week with these action items. That, plus this week's roundup of book censorship news. Continue reading at Book Riot
[ Book Riot | 2022-09-16 10:40:00 UTC ]
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#books week
How this little-remembered "robber baron" shorted stock, collected railroads, caused a financial panic -- and amassed a fortune. Continue reading at The Washington Post
[ The Washington Post | 2022-09-16 10:00:15 UTC ]
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A refreshingly intimate account of Enninful’s rise from refugee status to editor-in-chiefEdward Enninful’s memoir gives the impression of someone in perpetual motion. He has, after all, made the journey from refugee to the hallowed offices of Condé Nast, becoming the editor-in-chief who brought... Continue reading at The Guardian
[ The Guardian | 2022-09-15 10:00:43 UTC ]
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On the occasion of the death of the Queen of England, we've rounded up a handful of reviews of books on the queen and her court that we've run over the years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-13 04:00:00 UTC ]
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Near summer's end in the Northern Hemisphere, NPD's Kristen McLean sees the US market 'bucking uncertainty in the wider economy.' The post NPD BookScan: US Print Book Market Shows a ‘Strong August Performance’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-09-13 00:21:46 UTC ]
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“Life’s Work” is a memoir of outrageous youth, creative obsessions and ruinous habits. Continue reading at The New York Times
[ The New York Times | 2022-09-12 15:07:05 UTC ]
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Increases in adult fiction and young adult were not enough to offset declines in the adult nonfiction and juvenile categories, resulting in a 2.4% decline in unit sales of print books for the week ended Sept. 3, 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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At a glanceExpert's Rating ProsExcellent continuous data protection with versioningEasy, timeline browsing of backed-up filesIntegrated into WindowsBacks up user-created librariesConsEasy “Add folder” function removed from Windows 11Our VerdictWindows File History is still the easiest,... Continue reading at PC World
[ PC World | 2022-09-06 14:30:00 UTC ]
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There are very few things in the world that we at Electric Lit love more than bookstores, but one of those things is pets. We are absolutely obsessed with our furry friends. It only stands to reason that to our minds, there is no greater place in the world than a bookstore with a pet. […] The... Continue reading at Electric Literature
[ Electric Literature | 2022-09-05 11:00:00 UTC ]
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'Luda,' debut novel by veteran comics writer Grant Morrison, is a camp spectacular in which patriarchy is defined as a kind of magical Oedipal drag. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-09-02 15:30:56 UTC ]
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#debut novel
Unit sales of print books for the week ended Aug. 27, 2022, were flat compared to the similar week in 2021 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-02 04:00:00 UTC ]
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Sometime around 2006, everyone in publishing began to lament the death of the book section. In the face of declining readership, budget cuts, and mergers, newspapers began to realize that book review sections did not bring in enough ad revenue to cover their costs and so cut and culled until... Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-26 16:03:34 UTC ]
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