Radio Times seeks to fuel digital success with print profits

Radio Times, which accounts for 60% of its publisher's profits, is undergoing a transformation to woo younger readersWhile other magazine publishers chase the digital-savvy generation of under-25s Radio Times is swimming against the tide somewhat, targeting a slightly older, thirtysomething demographic with its online products. But then the average age of its print readers is 57.The weekly is the standout title in Immediate Media's 56-strong magazine portfolio, accounting for 60% of the company's total adjusted profits of £26.5m (up a quarter year-on-year), according to the most recent public financial report for the year to 31 March. "It is the jewel in the crown, a phenomenally robust brand that everyone knows and we can move that into digital services targeting the late 20s to 40s," says Tom Bureau, chief executive of Immediate Media. "We're not focusing on 16 to 24s, we think that's where social TV apps and those services are focusing their attention. We need to be laser-targeted."The venerable listings title is touted as the most profitable magazine in the UK, and Bureau could choose to milk its impressively slow decline for years ("it is very robust, very few people leave the title, we're talking mortality"). Instead it epitomises the publisher's ambition to turn its print titles into multi-platform brands. Radio Times recently invested heavily in Discover TV, an iPad app (soon on iPhone and Android) targeting 30- to 35-year-olds with Buzzfeed-style "best of"... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-20 00:00:00 UTC ]
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Bloomsbury profits jump as ‘joy of reading rediscovered’ in lockdown

Harry Potter publisher issues third profit upgrade of 2021 after sales increase to £185mCoronavirus – latest updatesSee all our coronavirus coverageLockdown reading has helped the Harry Potter publisher Bloomsbury to its third profit upgrade of the year after a 22% surge in annual pre-tax... Continue reading at The Guardian

[ The Guardian | 2021-06-02 08:20:05 UTC ]
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Print Unit Sales Rose 2.3% in Mid-May

Unit sales of print books rose 2.3% in the week ended May 22, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-28 04:00:00 UTC ]
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Print Book Sales Rose 2.3% Last Week

Despite the release of 'The Ballad of Songbirds and Snakes' by Suzanne Collins at this time last year, unit sales of print books managed to rise 2.3% last week over the week ended May 23, 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-28 04:00:00 UTC ]
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How to watch Charles Yu explore his award-winning novel at the L.A. Times Book Club

National Book Award winner Charles Yu discusses 'Interior Chinatown' with Times film critic Justin Chang at the L.A. Times Book Club Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-05-27 20:58:15 UTC ]
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Author Tayari Jones on Timing at Abu Dhabi International Book Fair

The author speaks with Emirates Airline Festival of Literature director Ahlam Bolooki, asserting 'You don't have to write every day.' The post Author Tayari Jones on Timing at Abu Dhabi International Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-05-26 14:44:41 UTC ]
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U.S. Book Show: Indie Bookselling in the Digital Age

A panel of executives from Bookshop.org, Libro.fm, and IndieCommerce discussed ways in which booksellers could use their platforms to take full advantage of the shifts in consumer behavior since the pandemic began. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-25 04:00:00 UTC ]
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Print Unit Sales Rose 8.8% in Mid-May

Unit sales of print books rose 8.8% in the week ended May 15, 2021, over the comparable week in 2020 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-21 04:00:00 UTC ]
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Black Sands Publishing Launches Digital Comics App

The new Black Sands Publishing digital comics app is the latest move by a Black-owned publishing venture that has used social media and crowdfunding platforms to sell its books and to raise more than $1 million over the last year to fund its plans for growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-20 04:00:00 UTC ]
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Print Book Sales Rose 8.8% Last Week

Another good performance by the adult fiction category helped to drive up unit sales of print books by 8.8% last week over the comparable week in 2020 at outlets that report to NPD BookScan. Fiction sales increased 19% last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-20 04:00:00 UTC ]
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Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues... Continue reading at The Guardian

[ The Guardian | 2021-05-19 12:15:47 UTC ]
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African speculative fiction is finally getting its due. Let’s talk about books to seek out.

A few of the fresh voices: Tade Thompson, Nnedi Okorafor, Sofia Samatar and Suyi Davies Okungbowa. Continue reading at The Washington Post

[ The Washington Post | 2021-05-14 14:00:00 UTC ]
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Rankin's A Song for the Dark Times hits the high note in top spot

Ian Rankin's A Song for the Dark Times (Orion) has clearly struck a chord with the book-buying public, reaching a crescendo in its first full week on sale and hitting the UK Official Top 50 number one spot. Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 02:14:07 UTC ]
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Hay Festival Digital 2021

From 26 May to 6 June, more than 200 acclaimed writers, historians, poets and pioneers will appear at Hay Festival 2021, broadcasting for free online.The British Council is supporting a series of six events at the festival, including the opening gala event ‘A Night of Hope’, featuring HRH The... Continue reading at British Council global

[ British Council global | 2021-05-10 13:40:55 UTC ]
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HarperCollins Profits Soared in Q1

Big gains in digital and backlist sales combined to drive up profits at HarperCollins by 45% in the quarter ended March 31, 2021, while sales rose 19%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Print Units Rose 12.4% Last Week

With five of the six major categories posting increases, unit sales of print books rose 12.4% in the week ended May 1, 2021, over the comparable week in 2020. Through May 1, unit sales were up 26% over 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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William Collins pre-empts Finkelstein's family memoir of war-time persecution

Williams Collins has pre-empted a memoir by political columnist and commentator Daniel Finkelstein uncovering his family’s devastating experiences of persecution during the Second World War. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 16:01:10 UTC ]
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Kevin Merida takes the top job at the LA Times

Yesterday, after months of speculation, the LA Times appointed its next executive editor. The paper has given the job to Kevin Merida, the editor in chief of The Undefeated, an arm of ESPN that reports on the intersection of sports, race, and culture; prior to working there, he spent twenty-two... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-04 12:30:57 UTC ]
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Worzalla Adds More Printing Capacity

The Wisconsin-based book printer is spending another $10 million to build more printing capacity as domestic manufacturers see a boom in business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-04 04:00:00 UTC ]
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Sunday Times Audible Short Story Award longlist revealed

American authors dominate the 2021 longlist for the Sunday Times Audible Short Story Award, the world’s richest short story prize with £30,000 for the winner. Continue reading at The Bookseller

[ The Bookseller | 2021-05-01 18:26:14 UTC ]
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Print Unit Sales Surge in Late April

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[ Publishers Weekly | 2021-04-30 00:00:00 UTC ]
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