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 exempts news publishers from its archive on political ads

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[ Advertising Age | 2018-11-29 00:00:00 UTC ]
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Financially Strapped Digital News Site Mic Looks for a Buyer as Layoffs Loom

Digital news publisher and suddenly-strapped-for-cash Mic is in sales talks, according to sources familiar with the matter who speculated that Bustle Digital Group (BDG) or its founder, Bryan Goldberg, might end up buying it. Mic was founded in 2011 and has largely targeted millennials, covering... Continue reading at AdWeek

[ AdWeek | 2018-11-29 00:00:00 UTC ]
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AAR/SBL 2018: Women’s Studies, Politics, and ’Good News All Around’

At the annual meetings of the American Academy of Religion and the Society of Biblical Literature in Denver, Colo., held Nov. 17-21, hot topics included diversity, immigration, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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Google News may shut over EU plans to charge tax for links

Search engine is lobbying hard to stop proposed tax, aimed at compensating news publishers Google’s top news executive has refused to rule out shutting down Google News in EU countries, as the search engine faces a battle with Brussels over plans to charge a “link tax” for using news... Continue reading at The Guardian

[ The Guardian | 2018-11-18 00:00:00 UTC ]
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Books News: Michelle Obama’s ‘Becoming’ Finally Hits Shelves

The publishing industry might have to think back to Harry Potter’s heyday for a book that has garnered as much attention as the former first lady’s has. Continue reading at The New York Times

[ The New York Times | 2018-11-14 00:00:00 UTC ]
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Russia Textbook Piracy Is In the News: 160,000 Copies Reported Seized

New reporting in the Russian news media say that the educational sector's large runs and distribution to the provinces help make textbooks attractive to organized crime. The post Russia Textbook Piracy Is In the News: 160,000 Copies Reported Seized appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-13 00:00:00 UTC ]
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Amazon May Split Second Headquarters

Speculation swirled yesterday that Amazon intends to select two sites for its second headquarters, splitting the new HQ2 between Crystal City, Virginia, and the Long Island City section of Queens, New York. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-06 00:00:00 UTC ]
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NBC, Fox News and Facebook stop running Trump's anti-immigrant campaign ad

NBCUniversal said Monday that it is pulling President Trump’s controversial anti-immigrant campaign advertisement, hours after the spot ran prominently during “Sunday Night Football.” Fox News said it decided to stop running the commercial as well, and Facebook stopped accepting it as a paid ad,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-11-06 00:00:00 UTC ]
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Facebook Is Expanding Its Test of a Breaking News Tag to Publishers in More Countries

Facebook is expanding the breaking news tag it began testing in March to more markets and displaying the resulting breaking news label in more countries. The social network kicked off the test in March with more than 50 publishers in North America, Latin America, Europe and Australia. Product... Continue reading at AdWeek

[ AdWeek | 2018-11-01 00:00:00 UTC ]
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Get your misinformation here! CJR opens 'Fake News Stand' in NYC

Today in New York City's Bryant Park, 9-to-5ers, tourists and other passersby might notice that the magazines at the newsstand on the corner of 42nd Street and 6th Avenue look a bit different. Instead of Time, The Economist, The New York Times, The Wall Street Journal and People, they'll see... Continue reading at Advertising Age

[ Advertising Age | 2018-10-30 00:00:00 UTC ]
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Books: The Beastie Boys' memoir, fascinating fiction and more book news

Hello, readers! Welcome to this week’s books newsletter from the L.A. Times. I’m Carolyn Kellogg, our books editor, with the word on some fascinating new books. THE BIG REVIEW What was it like to start out in the punk rock scene, be fascinated by the birth of hip-hop and wind up superstars?... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-10-27 00:00:00 UTC ]
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Books News: Penguin Random House Merges Two of its Successful Publishing Lines

Gina Centrello, president and publisher of Random House, will oversee the merged publishing lines of Random House and the Crown Publishing Group. Continue reading at The New York Times

[ The New York Times | 2018-10-19 00:00:00 UTC ]
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BBC News CEO Jim Egan: ‘We’re in a battle for survival for quality journalism’

At our Digiday+ live podcast event, BBC Global News CEO Jim Egan reveals his thoughts on the state of news publishing. The post BBC News CEO Jim Egan: ‘We’re in a battle for survival for quality journalism’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-10-18 00:00:00 UTC ]
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Books: The library fire, a criminal family, reviews and book news

Hello! I’m books editor Carolyn Kellogg with this week’s books newsletter from the L.A. Times. THE BIG STORY Although Susan Orlean is a staff writer for the New Yorker, she lives in Los Angeles part-time, and for the last six years has been writing a book that investigates a mystery many of us... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-10-13 00:00:00 UTC ]
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Daily News publisher changing name back to Tribune

Over two years after a much-ridiculed branding change, Tronc, owner of the New York Daily News and other publications, is changing its name back to Tribune Publishing on Oct. 9. [] "> To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-10-05 00:00:00 UTC ]
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Facebook shares more details about its massive security breach -- after blocking people from sharing news about it

The Guardian was among many outlets to write about the huge Facebook vulnerability and attack reported yesterday, and people were understandably keen to share the story on the social network. However, many people found that they were unable to do. Large numbers of Facebook users who tried to... Continue reading at Betanews

[ Betanews | 2018-09-29 00:00:00 UTC ]
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BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’

Once dependent on Facebook, the publisher is broadening the ways it distributes its news and makes money. The post BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-09-27 00:00:00 UTC ]
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Books: The trouble with publishing accused harassers; Ernie, Bert and authorial intent; the Brown family dynasty; and more book news

Welcome! It’s sunny here in El Segundo. I’m Carolyn Kellogg with not one but two essays from Critics at Large this week, because it has been a big week for cultural questions in the world of books. Let’s get started. THE FIRST BIG ESSAY Critic at Large Laila Lalami looks at two big recent essays... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-22 00:00:00 UTC ]
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Books News: Stormy Daniels’s ‘Full Disclosure’ Book Will Likely Rattle White House

In her memoir, Stephanie Clifford gives a vivid, detailed account of her encounter with Donald Trump in 2006 and its aftermath. Continue reading at The New York Times

[ The New York Times | 2018-09-19 00:00:00 UTC ]
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Houston Texans slam local school official's racist comment about Deshaun Watson

Houston coach Bill O’Brien and defensive end J.J. Watt spoke out Wednesday against a racist comment about Texans quarterback Deshaun Watson posted on Facebook by a Texas school superintendent. Commenting on a post linking to coverage of the Texans’ 20-17 loss to the Tennessee Titans on Sunday,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-19 00:00:00 UTC ]
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