News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real estate businesses.Rising inflation and higher interest rates are forcing companies to curb their ad and marketing spend, denting one of the major sources of revenue for companies such as News Corp, which has major publishing platforms including the Wall Street Journal and New York Post in the US, the Sun and the Times in the UK, and the Australian. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2023-02-09 22:30:39 UTC ]

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What Role Does Philanthropy Play in Reporting News?

When the Judith Neilson Institute for Journalism pledged money to News Corp and Nine Entertainment last month, some cynics wondered Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-08-21 14:55:30 UTC ]
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Changing the journalistic climate: what role does philanthropy play in reporting news?

The fund behind the biggest grant ever given to the Sydney Opera House says it won’t play favourites in Australian mediaWhen the Judith Neilson Institute for Journalism pledged money to News Corp and Nine Entertainment last month, some cynics wondered why the $100m philanthropic outfit was... Continue reading at The Guardian

[ The Guardian | 2019-08-21 04:31:05 UTC ]
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Empire strikes back: News Corp turns blowtorch on former Australian reporter | The Weekly Beast

Former social affairs reporter Rick Morton attacked in print and online. Plus: Rowan Dean ignores police over Sydney stabbing attacksIt doesn’t take long for a top reporter at the Australian, with a regular presence on page one, to become the target of a front-page story in the combative... Continue reading at The Guardian

[ The Guardian | 2019-08-16 01:49:59 UTC ]
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AFP won't rule out charging News Corp journalist Annika Smethurst after raid

Commissioner Andrew Colvin tells MPs the investigation is ‘ongoing’The Australian federal police commissioner has not ruled out prosecuting the News Corp journalist Annika Smethurst, telling parliament’s intelligence and security committee the investigation into leaked material remains... Continue reading at The Guardian

[ The Guardian | 2019-08-14 00:57:26 UTC ]
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Dutton says AFP must take extra steps before launching raids on the media

Peter Dutton says federal police should consider ‘public interest implications’ before investigating leaks that involve journalistsHome affairs minister Peter Dutton has given new directions to the Australian federal police on investigations into journalists and media organisations.The decision... Continue reading at The Guardian

[ The Guardian | 2019-08-09 07:01:12 UTC ]
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News Corp Australia revenues fall as advertising drops and subscriptions stay flat

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[ The Guardian | 2019-08-09 01:33:05 UTC ]
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Greta Thunberg hits back at Andrew Bolt for 'deeply disturbing' column

Campaigner calls out ‘hate and conspiracy campaigns’ after Australian’s attackThe teenage climate activist Greta Thunberg has hit back at the Australian News Corp columnist Andrew Bolt for writing a deeply offensive column that mocked her autism diagnosis.The Swedish schoolgirl posted a tweet... Continue reading at The Guardian

[ The Guardian | 2019-08-01 20:43:04 UTC ]
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AFP say safeguards on warrants for media raids would undermine investigations

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[ The Guardian | 2019-07-31 07:30:13 UTC ]
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Print Units Rose 2.1% In Late June

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[ Publishers Weekly | 2019-06-28 04:00:00 UTC ]
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Australian media unite to demand government change laws after AFP raids

ABC, News Corp and Nine call for legislation to protect journalists and whistleblowers, saying a free press must be ‘entrenched in law’Media executives have united to call on the government to amend a range of laws to protect journalists and whistleblowers after a series of widely condemned... Continue reading at The Guardian

[ The Guardian | 2019-06-26 01:54:18 UTC ]
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News Corp Tabloid the Herald Sun Offers Journalists Cash Bonuses for Clicks

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[ Editor & Publisher | 2019-06-24 15:22:05 UTC ]
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News Corp tabloid the Herald Sun offers journalists cash bonuses for clicks

Reporters to be financially rewarded if readers subscribe to site and reach certain number of page views The News Corp tabloid newspaper the Herald Sun is offering journalists a financial bonus of between $10 and $50 for driving digital subscriptions and traffic through their own stories.If... Continue reading at The Guardian

[ The Guardian | 2019-06-24 06:04:56 UTC ]
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Cannes #WednesdayWisdom. Plus, a lawsuit over sex toy ads: Wednesday Wake-Up Call

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[ Advertising Age | 2019-06-19 10:00:00 UTC ]
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News Corp. reviews its options for News America marketing unit

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[ Advertising Age | 2019-06-18 20:05:16 UTC ]
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New Writing North and Morpugo's Farms for City Children awarded News Corp funding

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[ The Bookseller | 2019-06-18 09:16:53 UTC ]
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As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief

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[ Slate | 2018-11-23 00:00:00 UTC ]
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Obama’s Becoming to a bookshop near you: Penguin preps record-breaking campaign

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[ The Bookseller | 2018-11-09 00:00:00 UTC ]
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Of Course Herpes Is the Most Common Disqualifying STD for the Bachelor—Basically Everyone Has It

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Rupert Murdoch to Facebook, Google: Pay for news

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[ Silicon Valley Business Journal | 2018-01-23 00:00:00 UTC ]
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