Time Warner said Tuesday that it won't complete its plan to separate Time Inc. division into an independent company this year as anticipated, prolonging a period of uncertainty at the publishing division just a little bit longer.Executives now intend to complete the spinoff early next year, Time Warner CEO Jeff Bewkes said during a conference call with analysts to discuss the company's second quarter results, to ensure the best position for Time Inc. as it starts life on its own. Mr. Bewkes also said he didn't want to rush Joe Ripp, who was named Time Inc.'s latest CEO last month and doesn't officially start until September.Time Warner reported second-quarter profit that topped analysts' estimates, boosted by higher advertising revenue at its cable networks, which include TNT, HBO and CNN.Excluding some items, earnings were 83 cents a share in the period, surpassing the 76 cents that analysts predicted on average, according to data compiled by Bloomberg. Network advertising sales rose 11%, helped by the National Basketball Association playoffs on TNT and the college basketball tournament, the company said.Net income increased to $771 million from $413 million a year earlier. Revenue advanced 10% to $7.4 billion, topping the $7.1 billion estimate.Mr. Bewkes has focused Time Warner's growth strategy on its TV business, which accounts for more than 70% of operating income."Our networks businesses, Turner and HBO, continued to shine, reflecting the success of our increased... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-08 00:00:00 UTC ]
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Is it me, or you? This morning, The Bookseller reported that Waterstones was taking Kindle devices off most of its shelves due to “pitiful” sales. No great surprise here: the chain’s managing director James Daunt said after Christmas 2014 that device sales, once strong, had tapered off, a... Continue reading at The Bookseller
[ The Bookseller | 2015-10-07 00:00:00 UTC ]
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Search company unveils Accelerated Mobile Pages in bid to work with publishers, ad companies and rival platforms Google is attempting to counter the threat from ad-blocking and rivals Facebook and Apple by radically improving the loading speed of web pages on smartphones and tablets.Accelerated... Continue reading at The Guardian
[ The Guardian | 2015-10-07 00:00:00 UTC ]
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Women are as much as 10 decades away from reaching gender equality in the United States, according to a new study published Wednesday by LeanIn.Org and McKinsey & Co. The report from Facebook Inc. Chief Operating Officer Sheryl Sandberg’s nonprofit and the management consulting firm states... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-10-02 00:00:00 UTC ]
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Deputy editor Ellen Pollock to become first female editor in magazine’s historyBloomberg Businessweek editor Josh Tyrangiel has resigned after six years at the company. Deputy editor Ellen Pollock will replace Tyrangiel, becoming the magazine’s first female editor since its founding in 1929. ... Continue reading at The Guardian
[ The Guardian | 2015-10-01 00:00:00 UTC ]
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We couldn't wait until the Frankfurt Book Fair to release our first show daily issue this year! Read our event lists, interviews and need-to-know info. The post Our First Frankfurt Show Daily Issue is Out Early! appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-09-29 00:00:00 UTC ]
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Publisher Chicken House is asking teenagers to upload videos onto YouTube about the books they would like to persuade other people to read to win the chance to be a judge on the 2016 Times/Chicken House Children’s Fiction Competition Entrants must be aged between 14 and 18 and can apply to take... Continue reading at The Bookseller
[ The Bookseller | 2015-09-22 00:00:00 UTC ]
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In January, Jack Griffin, the chief executive of Tribune Publishing Company, took his senior management team to visit The Los Angeles Times, the jewel in his company’s portfolio of newspapers. At a reception at the newspaper, an ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-09-21 00:00:00 UTC ]
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This most fundamental of principles is under attack – from over-zealous law making, online witch hunts, and a profit-driven media offensive on the BBCIn our troubled and insecure environment, Britain has accumulated laws which curtail freedom of expression – in the name of national security and... Continue reading at The Guardian
[ The Guardian | 2015-09-21 00:00:00 UTC ]
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Sydney Davies, the Booksellers Association’s head of trade and industry, is retiring after 26 years. The BA has appointed Giles Clifton, a non-practising barrister, to the new role of head of corporate affairs following his departure. Clifton will begin in October and focus on lobbying for the... Continue reading at The Bookseller
[ The Bookseller | 2015-09-18 00:00:00 UTC ]
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When it comes to social media, it's becoming safe to say that we'll remember 2015 as the year of Snapchat. The app was already wildly popular with high school and college students, accruing 100 million daily users, but in the last several months, it's become a media and marketing force to be... Continue reading at AdWeek
[ AdWeek | 2015-09-18 00:00:00 UTC ]
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A Boston store celebrates its one-year anniversary with a collection of writings by the authors who have appeared at the store along with writings by the store staff. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-14 00:00:00 UTC ]
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Regional newspaper publisher extends trial of AdSmart targeted television advertising serviceJohnston Press is seeking to bolster revenues striking a three-year regional advertising deal with Sky to sell targeted TV ad slots to clients.The regional newspaper publisher started a trial to use... Continue reading at The Guardian
[ The Guardian | 2015-09-10 00:00:00 UTC ]
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Gaylord Shaw, a renowned journalist who broke the news of Richard Nixon's resignation and won the Pulitzer Prize for national reporting in 1978 for the Los Angeles Times, has died at age 73. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-09-10 00:00:00 UTC ]
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‘I am not departing by choice’ – former investment banker hired a year ago by Tribune Publishing announces departure on Facebook, saying email was cut off Tribune Publishing Company has fired the publisher of the Los Angeles Times after little more than a year on the job.Tribune gave no public... Continue reading at The Guardian
[ The Guardian | 2015-09-09 00:00:00 UTC ]
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The FutureBook Conference has become one of The Bookseller’s leading events. This year we celebrate its fifth birthday, and this has allowed us to both celebrate how it has become an integral part of the book business’ digital transformation and also look to its future. Continue reading at The Bookseller
[ The Bookseller | 2015-09-08 00:00:00 UTC ]
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The dark, freezing woods of Sweden are the perfect breeding ground for terrifying tales of naughty children who get what they deserve. This week, Simogo -- the developer of beautifully macabre game Year Walk, and mysterious narrative experiences De... Continue reading at Engadget
[ Engadget | 2015-09-05 00:00:00 UTC ]
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In 1995, the year Amazon opened the virtual doors to its online bookstore, the company posted revenue of $511,000—a total that jumped to $15.7 million in 1996 and skyrocketed to $147.7 million in 1997. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-04 00:00:00 UTC ]
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Photographer Amanda Jones talks to Co.Create about her book, Dog Years, in which she revisits her canine photo subjects after 12 years.A parody video last year called Cathood teased the idea of Richard Linklater's real-time aging epic Boyhood, if it were about pets. A new coffee table book... Continue reading at Fast Company
[ Fast Company | 2015-09-01 00:00:00 UTC ]
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Jay Keefe wrote a memoir about recovering from alcoholism and realizes, upon publication, that it a huge personal risk it was, albeit one with rewards. The post Exposing Yourself As a First-Time Author appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-09-01 00:00:00 UTC ]
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Despite being set in the 1980s, David Simon’s new show seems spookily topical. It’s not the only TV series that has turned up in the right place at the right time...David Simon’s new series Show Me a Hero provides everything you might expect from a TV-maker with The Wire, Homicide: Life on the... Continue reading at The Guardian
[ The Guardian | 2015-08-31 00:00:00 UTC ]
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