News Corp. Split Official

News Corp.’s long-awaited split is official. Rupert Murdoch’s media behemoth Friday completed the separation of its entertainment from its news and information businesses into two publicly traded companies. The new News Corp (spelled with no period, differentiating it from the previous conglomerate) is comprised of Murdoch’s newspapers worldwide, including The Wall Street Journal, New York Post and The Times of London, as well as couponing, book publishing, digital education and other businesses. Post-separation, News Corp, split off so as not to be a drag on the faster-growing entertainment side, will emerge the biggest U.S. newspaper publisher, bigger than Gannett Co. and the New York Times Co. put together.  The old News Corp. had an uneven track record when it came to digital. Robert Thomson, News Corp's new CEO, defended the newspapers' brands while distancing the company from its reliance on print, saying the newspapers would now be known as "platforms" and that the new spinoff would be a launchpad for new digital products. As for the cost cutting that's been widely expected now that the newspapers will have to stand on their own, Thomson told the Financial Times that there would be a "year or two" of transformation that would include "acute" cost cuts as well as new product development. The other company emerging from the split, 21st Century Fox, spans a global portfolio of cable and broadcasting properties including Fox and Fox News Channel and film and TV... Continue reading at 'AdWeek'

[ AdWeek | 2013-06-29 00:00:00 UTC ]
News tagged with: #york post #book publishing #robert thomson #cost cutting #cost cuts #product development

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Facebook in 2015: Pivot to video! Facebook today: Local news is dead!

Facebook paints a bleak picture for the media industry, while ignoring its own role in publishing’s demise. Benevolent Doctor Facebook today gave the country a very grave diagnosis via a blog post. The company has found that–wait for it–local news is dying. In fact, Facebook says that about... Continue reading at Fast Company

[ Fast Company | 2019-03-18 00:00:00 UTC ]
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French lifestyle publisher Konbini pivots to news on Snapchat

French digital publisher Konbini is shifting the focus of its Snapchat to hard news versus pop-culture and entertainment. The post French lifestyle publisher Konbini pivots to news on Snapchat appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-05 00:00:00 UTC ]
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Digiday Research: Chasing revenue, news publishers are producing more evergreen content

Sixty-eight percent of 97 publishers that produce news or time-sensitive stories said they plan to create more evergreen content according to a survey by Digiday this February. The post Digiday Research: Chasing revenue, news publishers are producing more evergreen content appeared first on... Continue reading at Digiday

[ Digiday | 2019-03-04 00:00:00 UTC ]
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PEN America Approaches Its Awards Night With News Media Appearances

Ahead of PEN America's literary awards night, the organization's president Jennifer Egan tells CNN, 'I feel like the next phase is going to be an engagement with the truth.' The post PEN America Approaches Its Awards Night With News Media Appearances appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-25 00:00:00 UTC ]
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Two Roads lands BBC news anchor Sharma's debut

Hodder & Stoughton imprint Two Roads has landed BBC news anchor Babita Sharma’s “unique” debut memoir delving into the British corner shop’s cultural history. Continue reading at The Bookseller

[ The Bookseller | 2019-02-12 00:00:00 UTC ]
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London Book Fair Designates its Official 2019 Illustrator and Poet

The Jamaican-English poet Raymond Antrobus and 'Elmer the Patchwork Elephant' illustrator David McKee are singled out for official status this year by London Book Fair, which has special programming in both idioms. The post London Book Fair Designates its Official 2019 Illustrator and Poet... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-09 00:00:00 UTC ]
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WhatsApp 'deleting 2m accounts a month' to stop fake news

App launches paper on ‘stopping abuse’ in India, home to more than 200m of its usersWhatsApp says it is deleting 2m accounts per month as part of an effort to blunt the use of the world’s most popular messaging app to spread fake news and misinformation.The Facebook-owned service published the... Continue reading at The Guardian

[ The Guardian | 2019-02-06 00:00:00 UTC ]
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Books News: Penguin Random House Closes the Prestigious Imprint Spiegel & Grau

The division published best-selling books by Ta-Nehisi Coates, Trevor Noah and more. Its closing is the latest move by Penguin Random House to streamline operations. Continue reading at The New York Times

[ The New York Times | 2019-01-26 00:00:00 UTC ]
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Books News: Jay Asher, Author of ‘Thirteen Reasons Why,’ Files Defamation Lawsuit

In the wake of accusations of sexual misconduct, Jay Asher’s literary agency dropped him, speaking engagements and book signings were canceled, and some bookstores removed his novels from their shelves. Continue reading at The New York Times

[ The New York Times | 2019-01-25 00:00:00 UTC ]
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The Rundown: News publishers are figuring out how to do more with less

News publishers with layoffs will need to figure out how to work with smaller newsrooms, but others are years into the process of publishing more efficiently. The post The Rundown: News publishers are figuring out how to do more with less appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-25 00:00:00 UTC ]
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NBC News Snapchat show ‘Stay Tuned’ averages 25-30m viewers

Since Snap announced its integration with Comscore, NBC News and other digital publishers have trusted third-party measurement for their Snapchat traffic. The post NBC News Snapchat show ‘Stay Tuned’ averages 25-30m viewers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-18 00:00:00 UTC ]
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Facebook just purged hundreds of fake accounts linked to a Russian news network

This is just the last announcement in its crackdown on “inauthentic” behavior. Facebook’s head of cybersecurity policy Nathaniel Gleicher published a blog post this morning saying the company has discovered and removed hundreds of pages and accounts it deemed to be “inauthentic.” The pages came... Continue reading at Fast Company

[ Fast Company | 2019-01-17 00:00:00 UTC ]
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Facebook is funding more programs catering to local news publishers

Facebook announced over $30 million in grants to organizations trying to help local news publishers. The post Facebook is funding more programs catering to local news publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-01-15 00:00:00 UTC ]
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Bungie will self-publish 'Destiny' in split with Activision

Bungie is about to take greater control of Destiny's... well, destiny. The studio has reached a deal with Activision that will hand over the publishing rights to the shared-world shooter franchise. According to the company, it's "ready" to publish on... Continue reading at Engadget

[ Engadget | 2019-01-11 00:00:00 UTC ]
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Older people more likely to share fake news on Facebook, study finds

Researchers suggest over-65s may lack skills to determine veracity of online newsOlder people are almost four times more likely to have shared fake news on Facebook than the younger generation, according to research published in the journal Science.On average, American Facebook users over 65... Continue reading at The Guardian

[ The Guardian | 2019-01-10 00:00:00 UTC ]
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Russian Officials Pledge 2019 Support for Independent Booksellers

In Russia, a government plan to provide lower-cost retail sites to independent booksellers at state cultural facilities may help smaller bookstores survive. The post Russian Officials Pledge 2019 Support for Independent Booksellers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-07 00:00:00 UTC ]
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Books News: Does It Pay to Be a Writer?

The decline in earnings are largely because of Amazon’s lion’s share of the self-publishing, ebook and resale market. Continue reading at The New York Times

[ The New York Times | 2019-01-06 00:00:00 UTC ]
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The Biggest Publishing News Stories of 2018

With 2018 in the rearview mirror, we take a look back at some of the biggest stories that captured headlines in the industry last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-04 00:00:00 UTC ]
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Fox News tops cable ratings in 2018 while entertainment channels lost viewers to streaming

President Trump kept cable news on a ratings roll in 2018. But online streaming services continued to cut into audience levels for general entertainment cable networks such as USA, FX and Lifetime, according to year-end data from Nielsen. While consumers have grown accustomed to time-shifting... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-29 00:00:00 UTC ]
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Fortune Magazine Officially Sells to Thai Businessman

Meredith has finalized its sale of Fortune magazine to Thai businessman Chatchaval Jiaravanon, the magazine publisher announced today. The brand was purchased for $150 million cash by Fortune Media Group Holdings Limited, wholly owned by Jiaravanon after he was announced as the intended new... Continue reading at AdWeek

[ AdWeek | 2018-12-21 00:00:00 UTC ]
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