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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Is Facebook’s News Shows on Watch an Olive Branch to Publishers?

After Facebook head of news products Alex Hardiman announced last week that the social network is funding an initiative to create news shows from 10 to 12 U.S. publishers for its Facebook Watch video platform, the social platform revealed details today about the first batch of series. Neither... Continue reading at AdWeek

[ AdWeek | 2018-06-07 00:00:00 UTC ]
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Books News: At 99, the Poet Lawrence Ferlinghetti Has a New Novel

“It’s not a memoir, it’s an imaginary me,” said the poet Lawrence Ferlinghetti of his novel, which Doubleday will publish next spring. Continue reading at The New York Times

[ The New York Times | 2018-06-06 00:00:00 UTC ]
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Books: Rachel Cusk, the long literary life of the Replacements and more book news

Hi, all! Carolyn Kellogg, books editor here, back from a trip to Helsinki, Stockholm and Paris with the not-at-all groundbreaking news that these are delightful cities. Yes, I shopped at Paris’ Shakespeare and Company, but not enough — when decided I needed to return for more books, I couldn’t... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-06-02 00:00:00 UTC ]
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Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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Books: Talking to William T. Vollman and more book news

Welcome to the books newsletter! I’m Carolyn Kellogg, L.A. Times books editor, and this is what’s going on in books this week. THE BIG STORY William T. Vollmann writes big, ambitious journalism — books about poverty, violence, the history of North America — and now, climate change. “Carbon... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-05-12 00:00:00 UTC ]
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Otter-Barry Books to publish official National Poetry Day anthology

Independent publisher Otter-Barry Books will this autumn publish Poetry For a Change, the official children’s anthology for National Poetry Day on 4th October.  Continue reading at The Bookseller

[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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It’s Official: Net Neutrality Rules Will End June 11

The Week in Libraries, May 11, 2018: Among the headlines this week, net neutrality is given one month to live; And it was a good week for public libraries in Ohio. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
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Without big news to push, some publishers sit out NewFronts

Fresh off the heels of its $2.8 billion acquisition of Time Inc., Meredith made its NewFronts debut on Thursday morning, pitching its upcoming video to an assembly of digital ad buyers. But Meredith's arrival comes as the number of presenters at the annual New York event has dropped to 16 from... Continue reading at Advertising Age

[ Advertising Age | 2018-05-05 00:00:00 UTC ]
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Google is revamping Google News with more video and higher speed

Google is revamping Google News with a new design that will incorporate elements of the Newsstand app and YouTube, according to people familiar with the plans.The search giant is expected to unveil the new digital media destination next week at its developer conference, and it has been talking... Continue reading at Advertising Age

[ Advertising Age | 2018-05-04 00:00:00 UTC ]
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Facebook says it wants to do right by news organizations

Back in January, Facebook announced that it would henceforth de-emphasize posts from brands and publishers in users’ news feeds in favor of ones from friends and family. Media organizations—which have long been dependent on Facebook for traffic, albeit more than a trifle embarassed by that... Continue reading at Fast Company

[ Fast Company | 2018-05-02 00:00:00 UTC ]
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Flipboard Wants To Be The Go-To News Source For Tech Mavens

From curation to presentation, the personalized magazine app is rethinking how it packages up the world of technology–with professionals in mind. In 2010, when Flipboard debuted, it called itself a “social magazine.” At the time, that meant that it pulled in content from your friends’ Twitter... Continue reading at Fast Company

[ Fast Company | 2018-04-24 00:00:00 UTC ]
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Facebook says its free news feed is helping journalism

Company tells Australian regulator that news makes up just 5% of content shared, and downplays its collection and use of people’s data• Sign up to receive the top stories in Australia every day at noon Facebook has told the Australian competition regulator that news makes up just 5% of the... Continue reading at The Guardian

[ The Guardian | 2018-04-24 00:00:00 UTC ]
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Apple Music for journalism? Apple plans paid subscription service for news

Apple plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium subscription offering, according to people familiar with the matter. The move is part of a broader push by the iPhone maker to generate more revenue from online content and services.The... Continue reading at Advertising Age

[ Advertising Age | 2018-04-17 00:00:00 UTC ]
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Benedict Wells, plus Man Booker International prize and London book fair news – books podcast

On this week’s show, Claire and Sian return from wandering around the London book fair to chat about the big books snapped up at this year’s event. What will we be reading in 2019 and 2020? The shortlist for the 2018 Man Booker International prize for translated fiction was also announced, and... Continue reading at The Guardian

[ The Guardian | 2018-04-17 00:00:00 UTC ]
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With tell-all, Comey joins club of ex-officials turned scribes

Former FBI Director James Comey's memoir, out Tuesday, joins a long list of juicy tomes by Washington power players. Beyond settling scores, the best can offer real insight into the inner workings of government. Here are some classics of the genre. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2018-04-14 00:00:00 UTC ]
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The New York Post and Daily News have graciously summarized Comey's book for you

To bring yourself up to speed on the conversation surrounding former FBI Director James Comey's new memoir, "A Higher Loyalty: Truth, Lies, and Leadership," you could read something in-depth and thoughtful about it, such as Michiko Kakutani's review in The New York Times.Or you could read... Continue reading at Advertising Age

[ Advertising Age | 2018-04-13 00:00:00 UTC ]
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News publishers see subscription dollars in local politics

In-depth political coverage gives news publishers a chance to monetize small but valuable audiences. The post News publishers see subscription dollars in local politics appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-04-10 00:00:00 UTC ]
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As Facebook ignores memes, even fake news about Mark Zuckerberg spreads like wildfire

A few days ago, the Columbia Journalism Review published a thorough and frightening look into Facebook’s fact-checking program. The social network enlists organizations like Snopes and PolitiFact to scroll through thousands of contested articles and deem how factual they are. As CJR writes, the... Continue reading at Fast Company

[ Fast Company | 2018-04-06 00:00:00 UTC ]
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Octopus signs official James Bond cocktail book

Mitchell Beazley has acquired the official James Bond cocktail book, Shaken: Drinking with James Bond & Ian Fleming, created in close collaboration with the Ian Fleming Estate and Ian Fleming Publications. Continue reading at The Bookseller

[ The Bookseller | 2018-04-06 00:00:00 UTC ]
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Facing a trust crisis, Facebook offers up even more context about news feed publishers

Facebook has been making attempts to restore people’s trust in what they come across in their news feeds. In the latest example, the company is rolling out new features that aim to give users more information about the publishers and stories they read. Originally conducted as a test last year,... Continue reading at Fast Company

[ Fast Company | 2018-04-03 00:00:00 UTC ]
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