Owner of the Scotsman and i newspapers enters administration

Johnston Press, which also owns the Yorkshire Post, has debts of £220m and failed to find a buyerJohnston Press, the owner of the i, the Scotsman and Yorkshire Post, has gone into administration after being brought to its knees by debts of more than £200m.The publicly-listed newspaper publisher, which put itself up for sale last month in a last-ditch effort to save the business from going under, has gone into administration admitting that its shares are now worthless. Related: Daily Mail owners reportedly interested in buying i newspaper Related: Johnston Press falls prey to capitalism and greed | Roy Greenslade Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-11-17 00:00:00 UTC ]
News tagged with: #johnston press #yorkshire post #last-ditch effort

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Christian Audiobook Publishing Enters an ‘Exciting Time’

Amid the rising popularity of audiobooks, several Christian publishers are increasing title output and exploring production options. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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Congress members, Luke Mill owner scheduling meeting to discuss Western Maryland paper factory's closure

Federal lawmakers from Maryland and West Virginia have demanded a meeting with the owner of the Luke Mill, a Western Maryland paper factory shutting down this month. A Verso Corp. spokeswoman said CEO Les Lederer “expects to have a conversation” with the members of Congress and officials are... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-21 23:00:00 UTC ]
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Digital Publishing: Being Transparent Will Help Newspapers Gain the Trust of Readers

It’s hard to go a month these days without seeing yet another report decrying the lack of trust readers have Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-21 07:00:51 UTC ]
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Look out, Apple and Spotify: TikTok’s owner is getting into the streaming music biz

ByteDance is looking to target territories where traditionally paid streaming music services haven’t caught on. Unless you’ve been living under a rock, or don’t have or know a teenager, you’re probably aware that the hottest social media app on the planet right now is TikTok. Well, now the app’s... Continue reading at Fast Company

[ Fast Company | 2019-05-21 06:07:11 UTC ]
More news stories like this | News stories tagged with: #streaming music #bloomberg reports #emerging markets

‘Beyond Nine Lives’: Salon’s New Owners Look to Trim Costs as They Seek Easy Profit

Salon’s new owners say they see an easy path to profits for the troubled news publisher. On May 8, Salon Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-20 19:00:45 UTC ]
More news stories like this | News stories tagged with: #trim costs

New Owner and Management Team for David R. Godine

Longtime Boston publisher David R. Godine is stepping down at the end of the year from his eponymous publishing house, and new owner William N. Thorndike is already beginning to shape the press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-09 00:00:00 UTC ]
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Art Kunkin, Counterculture Newspaper Publisher, Dies at 91

Art Kunkin at a Los Angeles bookstore in 1999 with a special edition of The Los Angeles Free Press, the weekly newspaper he started in 1964. It ceased publication in the late 1970s, but Mr. Kunkin was later involved in revivals. Continue reading at The New York Times

[ The New York Times | 2019-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #special edition #late 1970s

It probably won’t be long before Team Gizmodo savages its new owner

Welcome to the latest edition of Ad Age Publisher's Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. A few comments about comments: In a letter sent out to Wall Street Journal... Continue reading at Advertising Age

[ Advertising Age | 2019-04-10 00:00:00 UTC ]
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The Onion gets a new owner

Great Hill Partners, a private equity firm, bought The Onion from Univision Communications Inc. Plus, the firm bought several other Gawker Media properties, including Gizmodo, Deadspin and Jezebel, to Great Hill Partners. Great Hill Partners has enlisted veteran digital editor Jim Spanfeller to... Continue reading at Advertising Age

[ Advertising Age | 2019-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company struggled #online properties #cut costs #digital-media companies #including buzzfeed #recent months

Quiller bags memoir by ex-spy and Evening Standard owner Lebedev

Quiller has scooped a memoir by Alexander Lebedev, ex-KGB spy, oligarch and owner of the Evening Standard and Independent. Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #evening standard

Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian

[ The Guardian | 2019-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily mirror #daily express #newspaper business #trinity mirror #pretax loss #publishing rights

Russell Baker collapsed boundary between newspapers and literature

The columns and memoirs by the former New York Times columnist were so celebrated that they invited readers to wonder if the mission of newsroom scribes and so-called creative artists really differed that much in the first place. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #invited readers

Stephen King persuades newspaper not to scrap its book reviews

The author's local newspaper pledges to reinstate book reviews after his fans take out subscriptions. Continue reading at BBC News

[ BBC News | 2019-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book reviews

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett Continue reading at MarketWatch.com

[ MarketWatch.com | 2019-01-14 00:00:00 UTC ]
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Administrators in talks over ‘new arrangements’ with HMV book suppliers

Administrators are in “ongoing” talks with book suppliers to HMV and trying to “make new arrangements” after the music retailer collapsed for a second time. Continue reading at The Bookseller

[ The Bookseller | 2019-01-04 00:00:00 UTC ]
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Foreign cyberattack hits newspapers: Here is what we know

The Los Angeles Times and other newspapers were the victims of an apparent cyberattack. A source with knowledge of the situation said a “foreign entity” launched the attack using malware, which prevented The Times and others from publishing the Saturday print edition on time. Here is what we... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-30 00:00:00 UTC ]
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HMV goes into administration for a second time

Music retailer HMV has appointed KPMG as administrators, citing the challenges to the high street and an "unsustainable" fall in the market for DVDs this Christmas. Continue reading at The Bookseller

[ The Bookseller | 2018-12-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #high street

Authors protest as children's books account for 7% of Christmas newspaper coverage

Authors and critics have called for newspapers to increase the space they allow for children’s book reviews after only 7% of the titles chosen for newspapers’ books of the year round-ups were for kids. Continue reading at The Bookseller

[ The Bookseller | 2018-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors protest #book reviews #titles chosen

Continued audio growth for big publishers as new players enter market

Audiobook sales are continuing to rocket, with a number of the biggest publishers in the space confirming they are still experiencing “strong double-digit growth” year on year. Continue reading at The Bookseller

[ The Bookseller | 2018-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big publishers #audiobook sales #biggest publishers