Stora Enso Restructures to Drop $63.6 Million in Costs

Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2012-02-09 00:00:00 UTC ]
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Flipboard Acquires CNN's Zite for $60 Million in Bid to Consolidate Reader Market

Flipboard, an app that displays digital media in magazine-like form on tablets, is acquiring one of its smaller competitors, Zite, for a reported $60 million.As part of the deal, Flipboard will get direct access to all CNN content, including video, as well as CNN personalities like Fareed... Continue reading at Advertising Age

[ Advertising Age | 2014-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #direct access #including video #jake tapper #purchase price


Pearson Earned 78 Million Pounds from PRH

Pearson reported a contribution to earnings of 78 million pounds from Penguin and Penguin Random House in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson reported


Patreon Raises $2.1 Million for Subscription-Based Crowdfunding Platform

In what could be the biggest variation on crowdfunding, San Francisco Patreon has raised $2.1 million in funding for its subscription-based system. Patreon allows fans to pledge recurring payments to a creator rather than provide one-off support to a single project. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-24 00:00:00 UTC ]
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Tribune Co. expects $325-million dividend from publishing spinoff

The dividend figure, which is not final, appears in a document related to Tribune's purchase in December of a group of TV stations. In spinning off its publishing business, Tribune Co. will pick up a dividend that could be about $325 million from the new public company, which would consist of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #chicago tribune #publishing spinoff #tv stations #publishing business #public company #daily newspapers


Rakuten to buy Internet messaging app Viber for $900 million

Japan’s Rakuten will acquire instant messaging and calling app developer Viber Media for US$900 million, the e-commerce giant said Friday, highlighting its moves to penetrate new markets.Rakuten’s purchase of the messaging and VoIP company follows its acquisitions of Canada’s ebook platform... Continue reading at PC World

[ PC World | 2014-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$900 million #e-commerce giant #company aims #digital space #user base


FHM circulation drops below 100,000

Men's Health remains number one paid-for title in the men's print market as rival Bauer Media title reports sales of 96,452FHM, which in its pomp as the UK's most popular men's magazine sold more than 600,000 copies a month, has now slipped below a monthly circulation of 100,000.In the latest... Continue reading at The Guardian

[ The Guardian | 2014-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial industry #square mile #dennis publishing


2013 Sales at HBG Rose 6%

Driven by a solid fourth quarter and good sales for the year in the U.S., Lagardere reported sales of 2.07 billion euros in its publishing division for 2013, down from 2.08 billion in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good sales #publishing division


Bryan Hits Million Copies Sold

Amazon Publishing announced that Helen Bryan has become its second author, after Oliver Pötzsch ("The Hangman's Daughter"), to sell 1 million copies. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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News Corp reports 4% revenue drop

Rupert Murdoch’s publishing arm, which owns Wall Street Journal and the Times, blames ‘challenging advertising market’Dominic Rushe Continue reading at The Guardian

[ The Guardian | 2014-02-07 00:00:00 UTC ]
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O'Reilly Donating Millions to Tech Education

O'Reilly Media and Safari Books Online are donating over $100 million in "educational content and tools" to K-12 schools across the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reilly media #$100 million #educational content #k-12 schools


Class Plaintiffs: Apple Should Pay $840 Million in Damages

If the plaintiff number is granted, it would put the total damages in this ebook conspiracy at over $1 billion. Five publishers have already paid $166 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
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Cengage Reaches Restructuring Deal

Cengage Learning, Inc. announced Monday morning that it has reached an agreement with its major financial stakeholders and creditors that will allow it to emerge from Chapter 11. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cengage learning


Octopus signs BBC Radio 6 guide to music

An Octopus Publishing imprint is set to publish a book with BBC Radio 6 Music showcasing 500... Continue reading at The Bookseller

[ The Bookseller | 2014-01-31 00:00:00 UTC ]
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Fairfax to pay Kim Williams $95,000 plus legal costs after inaccurate article

Story published in three papers wrongly claimed former News Corp chief stormed out of Sydney Opera House Trust meetingAmanda Meade Continue reading at The Guardian

[ The Guardian | 2014-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #legal costs #inaccurate article #story published


Independent website could net Lebedevs millions in standalone sale

Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #web traffic


Macmillan restructures education division

Macmillan Science and Education has structured its education division into three global business... Continue reading at The Bookseller

[ The Bookseller | 2014-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education division #macmillan science #global business


Atlantic Restructures, Supported by Allen & Unwin

Atlantic Books Limited has begun the year by announcing "a significant financial and organizational restructuring." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Oyster Raises $14 Million More

Oyster, the recently launched ebook subscription service, has raised $14 million in its latest funding round. The new funding was led by Highland Capital Partners and includes participation from the existing Founders Fund which was led by Peter Thiel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-14 00:00:00 UTC ]
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Personalised digital magazine app Flipboard aims for 150 million users

Company plans enhanced discovery and search tools to explore the 5m magazines already createdPersonalised digital magazine app Flipboard is aiming to pass 150 million users in 2014, thanks to enhanced discovery and search tools that will allow users to better explore the 5m individual online... Continue reading at The Guardian

[ The Guardian | 2014-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad strategy


Wattpad Grew to 18 Million Users in 2013

Wattpad, the online writing and reading community, continued its long arch of membership growth and increased social connectivity, finishing 2013 with more than 18 million registered users according to data released by the company today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wattpad grew #online writing #reading community #data released #company today