News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing group reported a net loss of US$1.4bn for 2017/18, which was worse than the previous year’s US$643m. Related: The Murdoch dynasty opens another surprise chapter | Jane Martinson Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-08-10 00:00:00 UTC ]

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Are women's book festivals part of the problem?

The moment they hit the press, the reviews for The Mirror And The Light were glowing. A “shoo-in for the Booker Prize” said the Guardian. “A masterpiece of historical fiction” according to the Independent. “Does it merit another Booker?” asks the Evening Standard, before concluding “yes it... Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 10:51:38 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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Penguin Random House defends Zhivago novel against plagiarism claim

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[ The Guardian | 2019-10-01 15:39:25 UTC ]
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Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Quad Posts Q2 Net loss on Lower Revenue

Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
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5 Key Takeaways From Reuters’ 2019 Digital News Report

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[ AdWeek | 2019-06-20 11:00:53 UTC ]
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Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Europe backs new laws that clamp down on Facebook, Google, Big Tech: Wednesday Wake-Up Call

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[ Advertising Age | 2019-03-27 00:00:00 UTC ]
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Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
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Facebook cautions magazine execs, SunnyD gets depressed and Snapchat lures advertisers: Wednesday Wake-Up Call

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[ Advertising Age | 2019-02-06 00:00:00 UTC ]
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News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing... Continue reading at The Guardian

[ The Guardian | 2018-08-10 00:00:00 UTC ]
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Cameron 'to attack Gove' in upcoming memoir

Former prime minister David Cameron will launch a withering attack on his former colleague Michael Gove in his upcoming memoir, according to the Sunday Times. Continue reading at The Bookseller

[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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When 'hipster fascists' start appearing in the media, something has gone very wrong | Arwa Mahdawi

The Sunday Times profiled members of Generation Identity and made them look like members of a boyband. This dangerous trend of humanising extremists must stopFascism is all the rage these days. Hate is haute, white nationalism is the new black and neo-nazism never looked so good. So the Sunday... Continue reading at The Guardian

[ The Guardian | 2018-05-22 00:00:00 UTC ]
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Despite a Lift in Sales, B&NE Sees Losses Jump in Q1

The February 2017 acquisition of MBS was the major driver of a 48.7% jump in sales at Barnes & Noble Education in the quarter ended July 29. The net loss in the period, however, was $34.8 million, up from $27.9 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-30 00:00:00 UTC ]
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Irish Sunday Times journalist Shortall's debut to Corvus

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[ The Bookseller | 2016-12-09 00:00:00 UTC ]
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Trapeze lands We Own the Sky for £1m in five-way auction

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[ The Bookseller | 2016-10-10 00:00:00 UTC ]
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B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
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Sunday Times 'got it wrong' on White

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[ The Bookseller | 2016-06-18 00:00:00 UTC ]
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Most of us rely on social media for news

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[ Betanews | 2016-06-16 00:00:00 UTC ]
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