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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With all categories posting solid gains, unit sales of print books rose 17.3% in the week ended Nov. 6, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-12 05:00:00 UTC ]
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Penguin Random House Children's is to launch a programme of commemorative publishing next year, in celebration of the 120th anniversary of Beatrix Potter's The Tale of Peter Rabbit. Continue reading at The Bookseller
[ The Bookseller | 2021-11-11 17:06:39 UTC ]
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The updated schedule for the United Kingdom's Young Writer of the Year Award will put its shortlist and winners' announcements into the new year. The post London’s Young Writer Award of the Year Names Its Jurors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-11-10 14:50:29 UTC ]
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Lana Wood’s “Little Sister” offers circumstantial evidence that Natalie’s death might not have been an accident. Continue reading at The Washington Post
[ The Washington Post | 2021-11-10 12:00:00 UTC ]
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Book Reviews Mitchell River National Park, Victoria, Australia / Photo by Zac Porter / Unsplash While the landmark anthology Guwayu – For All Times: A Collection of First Nations Poems (Magabala Books, 2020), edited by Jeanine Leane, refuses the... Continue reading at World Literature Today
[ World Literature Today | 2021-11-09 21:58:53 UTC ]
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Marcus Rashford MBE has been named FutureBook Person of the Year. The Manchester United and England footballer is the fourth recipient of the award after publisher Sharmaine Lovegrove, writer Kit de Waal and Meryl Halls, m.d. of the Booksellers Association. Continue reading at The Bookseller
[ The Bookseller | 2021-11-06 05:03:55 UTC ]
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Manchester United and England forward Marcus Rashford MBE, who published his first book and launched a book club with Macmillan Children’s Books this year, talks to The Bookseller after being named FutureBook Person of the Year. Continue reading at The Bookseller
[ The Bookseller | 2021-11-05 19:06:34 UTC ]
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The Bookseller has announced the shortlist for the 2021 Diagram Prize for the Oddest Book of Title of the Year, and for the first time, all six shortlisted titles come from university presses. This December, The Bookseller will announce which title has overtaken last year’s A Dog Pissing at the... Continue reading at Literrary Hub
[ Literrary Hub | 2021-11-05 17:53:02 UTC ]
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This year’s Diagram prize also pits Curves for the Mathematically Curious against The Life Cycle of Russian Things and Hats: A Very Unnatural HistoryAn examination of the Jewish origins of the Man of Steel, Is Superman Circumcised?, is vying with an up-to-date look at camel milk and related... Continue reading at The Guardian
[ The Guardian | 2021-11-05 11:52:23 UTC ]
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As University Press Week turns 10, leaders of the Association of University Presses ask its members to take stock of how the nonprofit, mission-centered publishing community has changed. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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To hear Weng Pixin tell it, Let’s Not Talk Anymore started out as a kind of “fuck you” move after a particularly bad fight with her mom but—as these things tend to go—it gradually transformed into a project to locate herself within the moth-eaten story of her matrilineal line. Moving back and... Continue reading at Electric Literature
[ Electric Literature | 2021-11-04 11:00:00 UTC ]
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Paul Bogaards, one of the industry's more outspoken personalities, who helped promote many of Knopf’s best known and most successful authors, will retire at the end of the year after 32 years at the Penguin Random House imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-04 04:00:00 UTC ]
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The untitled book will include the Oscar-winning actor’s thoughts on acting, directing, his 50-year marriage to Joanne Woodward, drinking, politics and racing. Continue reading at HuffPost
[ HuffPost | 2021-11-03 17:41:46 UTC ]
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The Nigerian writer explains the origins of his latest book’s title, why novels are harder to write than plays, and the masochistic pull of political activism. Continue reading at New Yorker
[ New Yorker | 2021-11-02 22:37:29 UTC ]
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Activision Blizzard is once again delaying Overwatch 2 and Diablo IV. Following months of upheaval at its Blizzard Entertainment subsidiary stemming from a sexual harassment lawsuit the State of California filed in July, the publisher announced during its recent third-quarter 2021 earnings call... Continue reading at Engadget
[ Engadget | 2021-11-02 21:20:39 UTC ]
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Ed Miliband was among the authors speaking at the annual Bodley Head showcase dinner, which returned after a two-year absence during the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-10-30 03:28:00 UTC ]
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8 books, ranging from memoir to pizza czar, history for young readers and lyrics by legends, are the finalists for B&N's Book of the Year. Continue reading at Book Riot
[ Book Riot | 2021-10-28 12:00:00 UTC ]
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With all segments except adult nonfiction posting gains, unit sales of print books rose 7% last week over the week ended October 24, 2020. The increase could indicate that consumers are heeding warnings that they should buy holiday gifts early to avoid missing out on items due to shortages... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-28 04:00:00 UTC ]
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Michael Holding and Rob Burrow feature in the shortlist for this year's £30,000 prize for William Hill Sports Book of the Year. Continue reading at The Bookseller
[ The Bookseller | 2021-10-27 16:44:38 UTC ]
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Kazuo Ishiguro, Marcus Rashford and Paul McCartney are among the authors whose titles are shortlisted for Waterstones Book of the Year 2021. Continue reading at The Bookseller
[ The Bookseller | 2021-10-27 07:08:08 UTC ]
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