Dow Jones is closing the print edition of SmartMoney, the 20-year-old personal finance magazine, and expanding its digital news team, the company said today, confirming news first reported by The Wall Street Journal. The print edition's September issue will be its last, meaning the elimination of 25 jobs, Dow Jones said. SmartMoney.com will add six new editorial positions as part of the plan, which will also add the SmartMoney brand and tools to a personal finance section on MarketWatch, a Dow Jones sibling. SmartMoney was a joint venture between Hearst and Dow Jones for many years, but Dow Jones bought Hearst's 50% stake in 2010. The company, however, has recently seen changes at the top: News Corp. named Lex Fenwick the new CEO of Dow Jones in February and Dow Jones President Todd Larsen left on Tuesday. This year has been disappointing so far for print publishers, who hoped early positive signs in the economy would be reflected in ad buys. SmartMoney's print ad pages from January through the July issue declined 9.3% from the comparable period in 2010, compared with a 5.6% decline across monthlies as a whole, according to the Media Industry Newsletter. SmartMoney averaged paid circulation of 815,154 in the second half of last year, roughly unchanged from 817,747 in the half a year earlier, according to its reports with the Audit Bureau of Circulations. Continue reading at 'Crains New York'
[ Crains New York | 2012-06-22 00:00:00 UTC ]
Weakness in the two adult categories led to a 3.6% decline in overall print unit sales in the week ended Apr. 27, 2019, compared to the same week in 2018, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
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Bonnier Books UK imprint Zaffre has launched a new website for brand author Wilbur Smith in a joint venture with his creative team at Wilbur Smith Enterprises. Continue reading at The Bookseller
[ The Bookseller | 2018-12-19 00:00:00 UTC ]
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A US producer and former Netflix executive are embarking on a joint venture, 'TaleFlick', which offers a library of searchable books for adaptation across film, TV and digital media. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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In a joint venture with Mignon Fogarty, better known to her fans as Grammar Girl, Macmillan is producing the QDT podcast network, as well as a series of Quick and Dirty Tips books by Fogarty. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-13 00:00:00 UTC ]
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Print publishers’ assumption that audio rights should be bundled with print is not directly beneficial to authors, argues Alice Lutyens. Continue reading at The Bookseller
[ The Bookseller | 2017-12-20 00:00:00 UTC ]
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With sales of the Australian at 95,000, News Corp says circulation is ‘no longer a representative measure’. Plus: Saturday Paper editor makes it into a movieWhen the sales of printed newspapers fell dangerously low this year, News Corp Australia made a monumental decision. Did they decide to... Continue reading at The Guardian
[ The Guardian | 2017-12-15 00:00:00 UTC ]
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The art and design title will become a joint venture between Adam Sandow and its founders, Hudson News moguls Lisa and James Cohen. The post Sandow Acquires Stake in Galerie Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-12-13 00:00:00 UTC ]
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The 4.6% decline in October bookstore sales from a year ago was the third consecutive month sales fell from the comparable month in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Film mogul’s associated publishing imprint is to close in the wake of scandal over multiple abuse allegationsThe Weinstein Books imprint is being shut down, following a week of sexual assault allegations against the film mogul Harvey Weinstein.In a statement to staff issued on Thursday, Hachette... Continue reading at The Guardian
[ The Guardian | 2017-10-13 00:00:00 UTC ]
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The Pioneer Woman Magazine is increasing its distribution to 500,000 copies and moving past its Walmart-only distribution strategy for its second issue, which will be released in September.The Hearst Magazines publication, a joint venture with Scripps Networks Interactive, features Ree Drummond,... Continue reading at Advertising Age
[ Advertising Age | 2017-07-20 00:00:00 UTC ]
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Crain Communications, the parent company of brands including Advertising Age and Crain's Detroit Business, has changed its ownership structure with the buyout of longtime President Rance Crain and his family.Crain Communications acquired Rance Crain's 50% stake in the company, giving Chairman... Continue reading at Advertising Age
[ Advertising Age | 2017-07-13 00:00:00 UTC ]
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After declining 3.7% in January 2017 compared to January 2016, bookstore sales dropped 3.0% in February, resulting in a 3.6% decline in sales in the first two months of 2017 compared to the same period in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-17 00:00:00 UTC ]
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Almost anyone can use the worldwide web to be a media outlet, so how will we differentiate between truth, myth and lies? Australia’s two largest legacy media organisations recently announced big cuts to their journalistic staff. Many editorial positions, perhaps up to 120, will disappear at... Continue reading at The Guardian
[ The Guardian | 2017-04-15 00:00:00 UTC ]
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Children’s Fun Publishing is a joint venture between Egmont Group and Posts & Telecommunications Press, so the wealth of foreign works in its 6,000-title catalogue is not surprising. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-17 00:00:00 UTC ]
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HarperCollins has purchased the remaining shares of HarperCollins Brasil, originally a joint venture with the Brazilian house of Ediouro. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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Japanese manga publisher Kadokawa has taken a 51% stake in Hachette's manga imprint. Kodakawa plans to turn the imprint into Yen Press LLC, a joint venture between the two publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-11 00:00:00 UTC ]
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German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian
[ The Guardian | 2016-03-22 00:00:00 UTC ]
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Wiley has reported third quarter revenue of $436m, a 3% decline year-on-year excluding foreign exchange fluctuations (a 6% decline without that exclusion). Continue reading at The Bookseller
[ The Bookseller | 2016-03-11 00:00:00 UTC ]
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With long-term trends exerting downward pressure on magazines' ad-page sales and newsstand appeal, two of the industry's biggest publishers said last week that they had formed a joint venture to handle back-office operations such as production, procurement and circulation.The competitors and now... Continue reading at Advertising Age
[ Advertising Age | 2016-02-11 00:00:00 UTC ]
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Hearst owned publication, which cut cover price and relaunched, has increased circulation to more than 400,000Cosmopolitan magazine has increased its circulation to more than 400,000 to overtake rival Glamour after slashing its cover price to £1 and upping the number of copies it gives away to... Continue reading at The Guardian
[ The Guardian | 2016-02-11 00:00:00 UTC ]
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