Rupert Murdoch takes 40% News Corp pay cut to $5.1m

Mogul receives fewer stock awards after company plunges to $149m loss, as it is revealed he met Scottish first minister Nicola Sturgeon in New York in JuneRupert Murdoch took a 40% pay cut for the year ending 30 June as his total package for being executive chairman of News Corp fell from $8.7m (£5.7m) to $5.1m. News Corp chief executive Robert Thomson also saw his pay fall, down almost 18% to $10.3m from $12.5m in the previous year. Related: News Corp sees strong growth in digital real estate services and book publishing Related: Nicola Sturgeon calls on BBC to put forward bold proposal for Scotland Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-09-02 00:00:00 UTC ]
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Valentine's Day: Bookstores take part in celebrations

One store is having staff act out famous rom-com bookstore scenes, while another is giving a prize to someone with a great love story. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-02-14 00:00:00 UTC ]
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News Briefs: Week of Febraury 16, 2015

Sales, earnings dropped at S&S in 2014 and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings dropped


Cardiff library reprieve, but Birmingham cuts confirmed

Libraries in Cardiff have seen a reprieve from the city council, but major cuts to the Library of Birmingham are to go ahead. The ruling Labour group in Cardiff has confirmed that the seven libraries in the city that faced having their funding withdrawn will continue to be run and operated by... Continue reading at The Bookseller

[ The Bookseller | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #city council #major cuts #funding withdrawn


Flipboard moves to the web with plans to host some news publishers' content

After attracting more than 50m monthly readers on tablets and smartphones, US startup smashes down its walled garden and hopes partners will see the potentialFlipboard came to prominence as a news-reading app for tablets and smartphones, attracting more than 50 million monthly active readers by... Continue reading at The Guardian

[ The Guardian | 2015-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile app #reading experience #media companies


News Briefs: Week of Febraury 9, 2015

Harper Lee to publish second novel and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-06 00:00:00 UTC ]
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Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial year #consecutive year #significant progress


Library protests planned for Cardiff while Lincolnshire confirms cuts

Protestors in Cardiff will use National Libraries Day this weekend to raise awareness of cuts facing the city's library service. Campaigners in Birmingham have already announced their own plans to protest on the day, forming a human chain "hugging" the threatened Library of Birmingham.  Continue reading at The Bookseller

[ The Bookseller | 2015-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #raise awareness #library service


National Libraries Day to see Birmingham cuts protest

Protesters will use National Libraries Day on Saturday as a chance to campaign against planned cuts at the Library of Birmingham. Continue reading at The Bookseller

[ The Bookseller | 2015-02-04 00:00:00 UTC ]
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How 5 Major Publishers Plan to Use Snapchat's New Channels

With Snapchat Discover launching earlier this week, publishers now have a new way to tease their content on social media and find backing from brands. The new offering allows marketers to directly sponsor stories on the platform, getting their names in front of a younger audience. We spoke to... Continue reading at AdWeek

[ AdWeek | 2015-01-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #younger users #short period #feature articles #cable network #average age #editorial tone


Kobo Takes Over Blinkbox Books

Tesco, the U.K. retail giant and parent company of ebook retailer Blinkbox Books, has reached an agreement that will keep the digital operation in business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #blinkbox books #retail giant #digital operation


Mehta pays tribute to Master

Sonny Mehta has paid tribute to former colleague Simon Master [pictured], who died suddenly last week, with Mehta telling The Bookseller he felt “extremely privileged to have known him”. Master died on Friday (16th January) while on holiday, at the age of 70. He was formerly deputy group... Continue reading at The Bookseller

[ The Bookseller | 2015-01-23 00:00:00 UTC ]
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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


Atlantic Media takes a page from Quartz with Defense One

Atlantic Media's business news site Quartz may draw the bulk of the headlines, but the company is trying a similar digital-first strategy with the niche but lucrative world of national defense trade publishing. The post Atlantic Media takes a page from Quartz with Defense One appeared first on... Continue reading at Digiday

[ Digiday | 2015-01-22 00:00:00 UTC ]
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WHS High Street sales down 5%

WH Smith has released its interim results covering the Christmas period, revealing that group sales were down 2% like-for-like. As usual, WH Smith Travel performed better than its High Street stores, with like-for-like sales up 2% and total sales up 7%, with particular improvements at large... Continue reading at The Bookseller

[ The Bookseller | 2015-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #2% like-for- #group sales #total sales #sales drop #wh smith #christmas period


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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Je Suis Charlie Campaign Raises $40,000

PW’s Je Suis Charlie campaign to support free expression has raised $40,000 in contributions that will be donated to five organizations that support free speech. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-20 00:00:00 UTC ]
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Library cuts and falls in printed book sales | Letters

Has the editor of The Bookseller compared the fall of print sales of adult fiction since 2009 by more than £150m with the massively declined budgets of public libraries over the same five-year period (The writing’s on the wall for adult fiction in print, 14 January). This is also conditioned by... Continue reading at The Guardian

[ The Guardian | 2015-01-19 00:00:00 UTC ]
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Turkish government threatens to cut off Twitter access—again

Turkey’s citizens may once again find themselves without access to Twitter: According to the New York Times, that nation’s government has threatened to block access to the microblogging service within the country unless Twitter blocked an account belonging to a newspaper that published details... Continue reading at PC World

[ PC World | 2015-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #twitter account #published details


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