The Telegraph Media Group made more than £60m last year, The Guardian can reveal. It is the third successive year that the company has managed to increase its operating profit.TMG is expected to report what amounts to a record figure formally in the spring when it files its accounts for the full 12 months of 2013 at Companies House.So the publisher of the Daily and Sunday Telegraph, which is ultimately owned by Sirs David and Frederick Barclay, continues to defy the newspaper publishing sector's downward market trend. Rival titles, such as The Times, The Independent and The Guardian, have been recording losses for several years. In 2012, TMG made £58.4m, and in 2011 its profit was £55.7m.Evidently, TMG's advertising revenues have remained relatively stable. It has also enjoyed a boost in subscriptions since it launched its online metered paywall. That was introduced internationally in November 2012 and was extended for domestic users in March 2013.An inside source says charging for access has "reaped rewards, with nine out of 10 people who trial the free-month offer going on to subscribe."No-one at TMG was available for comment.Telegraph Media GroupMedia businessBarclay BrothersDaily TelegraphSunday TelegraphThe TimesThe IndependentThe GuardianRoy Greensladetheguardian.com © 2014 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds Continue reading at 'The Guardian'
[ The Guardian | 2014-01-10 00:00:00 UTC ]
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Poet Dylan Thomas will be commemorated each year with a new "Dylan Day", to be celebrated on 14th May. The announcement comes at the end of the year-long Dylan Thomas 100 Festival, which has celebrated the centenary of the poet's birth. Dylan Day, beginning in 2015, will be funded for three... Continue reading at The Bookseller
[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading at The Bookseller
[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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The UK has lost nearly 50 libraries over the past year, according to full figures released today (11th December) by the Chartered Institute of Public Finance and Accountancy (CIPFA). Continue reading at The Bookseller
[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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John Wiley & Sons has reported a 6% rise year-on-year in second quarter revenue to $477m, due to growth in its Research and Education divisions, up 5% and 3% respectively, as well as to contributions from its recent acquisitions CrossKnowledge and Profiles International. Continue reading at The Bookseller
[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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Midwest Tape has appointed Tammy Faxel publisher of its audiobook and video division, Dreamscape Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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This essay is adapted from Hacker, Hoaxer, Whistleblower, Spy: The Many Faces of Anonymous, by Gabriella Coleman, published by Verso. On the evening of Thursday, Dec. 11, Coleman will be discussing her book with the ACLU’s Christopher Soghoian at a free Future Tense happy hour event in... Continue reading at Slate
[ Slate | 2014-12-08 00:00:00 UTC ]
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Digital publishing needs a lifeline. But as The New Republic debacle has showed, mixing tech and media cultures is a tricky combination. The post Why Silicon Valley and media don’t mix easily appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-12-07 00:00:00 UTC ]
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Sugg's debut book, 'Girl Online,' now holds the record for the highest sales in its first week for a new writer in the UK. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-12-06 00:00:00 UTC ]
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Mary Costello’s debut novel Academy Street (Canongate) has been voted the Bord Gáis Energy Book of the Year for 2014. The book was chosen via public vote from the list of category winners announced at the recent Bord Gáis Energy Irish Book Awards. Continue reading at The Bookseller
[ The Bookseller | 2014-12-06 00:00:00 UTC ]
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Listening to an audiobook is, by its very nature, a sensory experience—and for the past decade, GraphicAudio, an imprint of the Bethesda, Md.–based Cutting Corp., has been targeting listeners’ senses in a big way. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Evan Schnittman, e.v.p, chief marketing and sales officer at Hachette Book Group (HBG) in the US, is to leave the company. Scnittman joined HBG in 2012, from Bloomsbury UK, where he was m.d., group sales and marketing, print and digital. Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Robb Report, a magazine and lifestyle brand dedicated to the ultra wealthy, has been sold to Rockbridge Growth Equity, a Detroit-based private equity firm. Terms weren't disclosed. Continue reading at Folio Magazine
[ Folio Magazine | 2014-12-04 00:00:00 UTC ]
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Multinational companies like Amazon and Apple will pay a 25% tax on their UK profits, Chancellor George Osborne announced today (3rd December). Delivering the Autumn Statement in the House of Commons, Osborne specifically mentioned large companies “including in the tech sector” would be... Continue reading at The Bookseller
[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Revenue in the third quarter ended November 30, 2014 hit $10.9 million at Educational Development Corp., the highest quarterly sales ever recorded. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-03 00:00:00 UTC ]
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YouTube star Zoella’s first book sells 78,000 copies in its first week, the highest first week’s sales of a new author ever! Girl Online, the first novel by Zoe Sugg AKA “Zoella” has pushed Jeff Kinney’s newest Diary of a Wimpy Kid: The Long Haul off the top of the chart as the fastest selling... Continue reading at The Guardian
[ The Guardian | 2014-12-03 00:00:00 UTC ]
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YouTube sensation Zoe Sugg has eclipsed superstars such J K Rowling, Dan Brown and E L James to record the biggest first week sale for a début since records began. Sugg, known as Zoella on her fashion and beauty vlog, which has over five million subscribers, shifted 78,109 copies of her Young... Continue reading at The Bookseller
[ The Bookseller | 2014-12-03 00:00:00 UTC ]
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Independent booksellers and WH Smith feature on an “alternative” shopping guide for Christmas created by campaign group Amazon Anonymous. The group has teamed up with Ethical Consumer to create an alternative shopping guide for those who have signed up to its “Amazon Free Challenge” – in which... Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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The Miniaturist by Jessie Burton has been named as the Waterstones Book of the Year. Burton's debut novel, published by Picador, beat a shortlist that also included Man Booker Prize winner The Narrow Road to the Deep North and Samuel Johnson Prize winner H is for Hawk. Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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Articles from 49 subscription journals on nature.com - including from Nature, the world's most cited scientific publication - can now be shared freely between subscribers and non–subscribers around the world. Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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Chronicle Books completed its third annual #GiveBooks campaign over the Thanksgiving weekend. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-02 00:00:00 UTC ]
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