Rupert Murdoch gives up his bonus as News Corp loses US$1bn in three months

Huge losses driven partly by fall in valuation of Australian pay TV service Foxtel and decline in news advertising revenue Rupert Murdoch’s global media empire, News Corp, lost US$1bn in the three months to the end of March and is expecting more financial pain as the economic fallout from the coronavirus crisis continues.The chief executive, Robert Thomson, said there was a fresh wave of cost-cutting ahead for the group, including a “strategic review of our Australian newspaper holdings” that could signal further job losses at the company’s smaller mastheads. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-05-08 01:49:41 UTC ]
News tagged with: #rupert murdoch #$1bn #robert thomson #strategic review #job losses #news corp

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New Fantasy Writers and Internet-Haters Dominate Our Favorite Books This Month

While January can suffer from a post-holiday publication lull, it's a great time room for cooler, less conventional reads. The post New Fantasy Writers and Internet-Haters Dominate Our Favorite Books This Month appeared first on WIRED. Continue reading at Wired

[ Wired | 2015-01-29 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, January 28, 2015

Faith-based films panel at Sundance; awards and honors; peaceful new book club; NIV celebrates 50 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-28 00:00:00 UTC ]
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Lose the Clutter, Find the Spirit: Books on Finding Calm Through Getting Organized

Four new books from spirituality and religion publishers address the practical and spiritual benefits of tossing, reordering, and simplifying. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #finding calm


Bookselling News Roundup

Less than one month into the new year, stores continue to open, including a third Vermont location for Phoenix Books and an eighth store for Gottwals Books and the Walls of Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #phoenix books #gottwals books #stores continue


AAP Monthly StatShot, October 2014

Led by gains in print formats, sales of adult trade books rose 10.9% in October over October 2013, according to figures released in AAP’s monthly StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print formats #figures released


What Does Facebook’s New Tool for Fighting Fake News Mean for Real Publishers?

Facebook announced yet another tweak to the algorithm that governs its users’ News Feeds yesterday. The social network has introduced a new tool that allows users to flag a post as “a false news story.” The move follows ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-01-22 00:00:00 UTC ]
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Facebook cracks down on hoaxes and spam in its latest news feed tweak

Social network will ensure fewer people see posts reported as false by users, but it’s sticking to its policy of being a platform, not a publisherNo, Bill Gates isn’t giving away $5,000 if you share his Facebook photo. No, the Talking Angela app isn’t a front for online paedophiles. And no, an... Continue reading at The Guardian

[ The Guardian | 2015-01-21 00:00:00 UTC ]
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‘Print Still 90pc of Revenue’ Says Daily News Chief

A publishing group’s managing editor has said 90pc of revenue made by its flagship title comes from print.    Tom Thomson, managing editor of the Herald & Times group, made the claim about Glasgow daily The Herald while speaki ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revenue made #managing editor #flagship title


Quad/Graphics to Buy Courier Corp.

In a major deal in the printing industry today, Quad/Graphics has reached an agreement to acquire Courier Corp. in a deal the companies valued at $260 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major deal


Apple’s iBookstore Growing at One Million Users Per Month

Keith Moerer, Director of Apple's iBookstore, revealed that Apple's iBookstore is growing at a million users per month and has seen 1 billion downloads. The post Apple’s iBookstore Growing at One Million Users Per Month appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post apple #month appeared #million users


Short Takes: Religion Publishing News Briefs, January 14, 2015

Catholic publishers elect new board members; Barbour author honored twice; Lucado’s latest is Family’s Book of the Year; Zondervan author on four-city tour; IVP a Best Workplace for Sixth Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sixth year #short takes #board members #zondervan author


Digital publishers turn to cartoons to cover the news

The future of digital publishing is increasingly borrowing from the long history of newspapers' political cartoons. The post Digital publishers turn to cartoons to cover the news appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2015-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news appeared #digital publishing #long history


Take The Fast Company News Quiz: Amazon's Reshuffle, Zuck's Book Club, And More

Show how much you know! Here's our quiz for January 9, 2015.What the heck happened this week? Research says that one of the best ways to solidify new information is to be tested on it. Here's a chance to bolster your knowledge of current events—and earn a special emoji badge. Read Full Story Continue reading at Fast Company

[ Fast Company | 2015-01-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book club


News Briefs: Week of January 12, 2015

Authors Guild drops Hathi-Trust Case and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-09 00:00:00 UTC ]
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BBC revises Muhammad ban as BBC1 news bulletin features Charlie Hebdo cover

Corporation says revision began before Paris attack, but David Dimbleby still quotes out-of-date guidelines on Question TimeThe BBC is revising its own rules banning the representation of the prophet Muhammad “in any shape or form”, it has emerged after a Charlie Hebdo cover featured on BBC1’s... Continue reading at The Guardian

[ The Guardian | 2015-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paris attack #terrorist attack #paris offices #special edition


A Time-Traveling Graphic Novel and More Great Books We’re Reading This Month

It's like the phrase "curl up with a good book" was invented for the month of December. Here's what we're reading by the fire. The post A Time-Traveling Graphic Novel and More Great Books We’re Reading This Month appeared first on WIRED. Continue reading at Wired

[ Wired | 2014-12-24 00:00:00 UTC ]
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Ex-News of the World journalists given go ahead to sue for unfair dismissal

Neville Thurlbeck and James Weatherup get green light from employment tribunals to take action against News Group NewspapersTwo former News of the World journalists who were jailed for hacking the phones of politicians and celebrities have been given the go ahead to sue Rupert Murdoch’s... Continue reading at The Guardian

[ The Guardian | 2014-12-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #green light


News Briefs: Week of December 22, 2014

Scarletta to become Mighty Media Press and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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AAP Monthly Statshot, September 2014

Sales of adult trade books fell 11.8% in September compared to September 2013, according to AAP’s monthly StatShot program. Sales dropped in all three adult print segments, while ebook sales rose 0.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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The Google News Shutdown in Spain Is An Empty Victory for Publishers

Trying to stick it to Google is an understandable impulse, a resentment fed by the company's monolithic influence over the web. But all the Google News shutdown in Spain really shows is how powerless traditional publishers really are. The post The Google News Shutdown in Spain Is An Empty... Continue reading at Wired

[ Wired | 2014-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers appeared #understandable impulse #resentment fed #monolithic influence