Two newspaper closures as Canada's media crisis deepens

Titles give up newsprint publication due to falling advertising and sales revenueAnother day, another bleak day for newsprint in Canada. Two more Canadian dailies, the Guelph Mercury in Ontario and the Nanaimo Daily News on Vancouver Island, have announced that they will publish their final newsprint issues on Friday.The Mercury’s publisher, Donna Luelo, said sales had fallen to below 9,000. Its ultimate owner, the Torstar Corporation, could no longer justify the cost of publication. An online version will continue, as will the twice-weekly Guelph Tribune. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-01-26 00:00:00 UTC ]
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More library closures set for summer

Written By: Benedicte Page Publication Date: Thu, 21/04/2011 - 08:10 A second wave of library closures will be announced following the May local elections and through into the summer, claim library experts. Just over 500 public libraries, including mobile library services, are currently... Continue reading at The Bookseller

[ The Bookseller | 2011-04-21 00:00:00 UTC ]
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Nielsen Media and Reed Business Information

The breakup of these former media powerhouses exemplified the industry’s creative chaos: divestment, downsizing and dissolution, followed, perhaps, by opportunity. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-21 00:00:00 UTC ]
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Report: Media M&A in Q1 2011 Surpasses All Individual Quarters in 2010

After a disappointing fourth quarter of 2010 (with $2.4 billion in transaction value) in the media industry, investment bank Berkery Noyes reports an upswing for first quarter 2011, to the tune of $13.8 billion in transactions. Berkery Noyes identified the largest transaction in the first... Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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Despite Google Changes, Demand Media Foresees Q1 Growth

In a statement released yesterday, Demand Media reaffirms the financial outlook for fiscal year 2011 given on February 22, despite the Google algorithm change which took place in late February. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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Media Decoder: Mortenson Concedes He Conflated Parts of Memoir

The author addressed the "60 Minutes" allegations in an interview with Outside magazine. Continue reading at The New York Times

[ The New York Times | 2011-04-19 00:00:00 UTC ]
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United Business Media Reports 7.5 Percent Underlying Revenue Growth in Q1 2011

United Business Media (UBM) shared its first quarter report today, with a 13.7 percent increase in total revenue, rising from 2010 first quarter’s $338.74 million to first quarter 2011’s $385.07 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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Specific Media appoints UK publisher services director

Ad network Specific Media has appointed Fox Networks Group's Graeme Lynch as its new UK publisher services director. Continue reading at Media Week

[ Media Week | 2011-04-11 00:00:00 UTC ]
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Advantage Business Media Buys "Continuity Insights" Portfolio

Advantage Business Media, a b-to-b publisher targeting the communications, manufacturing, design and science markets, has purchased the assets of Continuity Insights from Gardner Publications. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-06 00:00:00 UTC ]
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Media Cache: Playing Catch-Up in E-Books

Outside the United States, the digital book business is still in its infancy and has problems to resolve before taking off. Continue reading at The New York Times

[ The New York Times | 2011-04-04 00:00:00 UTC ]
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Media Decoder: Self-Publisher Signs Four-Book Deal With St. Martin's

Amanda Hocking, the 26-year-old author who shot to fame by selling more than a million copies of her self-published books, has signed a deal with St. Martin's Press. Continue reading at The New York Times

[ The New York Times | 2011-03-24 00:00:00 UTC ]
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Active Interest Media Acquires BoatQuest.com

Active Interest Media has acquired BoatQuest.com, adding the online classified page to its portfolio of properties, which includes Yachts Magazine and Show Management. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-24 00:00:00 UTC ]
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Bloomberg L.P. Creates Bloomberg Media Group

Bloomberg announced today that it will launch the Bloomberg Media Group, a media group that pulls together all of Bloomberg’s consumer properties. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-23 00:00:00 UTC ]
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Japanese book trade facing worst crisis since WWII

Written By: Graeme Neill Publication Date: Tue, 22/03/2011 - 16:31 The Japanese earthquake and tsunami has caused the worst disruption to the Japanese book industry since the Second World War, the president of the Japanese Publishers Association has said. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Dorchester Media Puts Remaining Magazines on the Block

After putting select teen and romance titles up for sale last month, New York City-based Dorchester Media has decided to sell the rest of its magazine stable, offering up the eight magazines that comprise the Woman's Romance Group, such as 92-year-old, 250,000-circ. flagship True Story. The move... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Huff Po, Newspaper Guild Square Off Over Unpaid Bloggers

Huffington Post has taken a lot of knocks for building its business (which sold to AOL earlier this month for $315 million) partly by using unpaid bloggers. Those knocks became official last week with The Newspaper Guild, a union of media workers in the U.S. with 26,000 members, calling for... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Media Decoder: Noted Self-Publisher May Be Close to a Book Deal

Amanda Hocking, the darling of the self-publishing world who has sold more than 900,000 copies of nine books in the last year, has been shopping a four-book series to major publishers. Continue reading at The New York Times

[ The New York Times | 2011-03-21 00:00:00 UTC ]
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Academic bookselling at "crisis point" - Myers

Written By: Lisa Campbell Publication Date: Mon, 21/03/2011 - 15:45 Waterstone's has called for academic publishers to "significantly" increase their support for the chain, warning bricks and mortar academic bookselling could vanish from the high street within a few years. The retailer's m.d.... Continue reading at The Bookseller

[ The Bookseller | 2011-03-21 00:00:00 UTC ]
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More job cuts, closures in store for REDgroup

Administrators for Borders and Angus & Robertson have announced new lay-offs and warned that more bookshops could close. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-03-17 00:00:00 UTC ]
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Media Decoder: Houghton Mifflin Harcourt Publisher Steps Down

Barry O'Callaghan, the chief executive of Houghton Mifflin Harcourt, resigned on Tuesday after less than two years on the job. Continue reading at The New York Times

[ The New York Times | 2011-03-16 00:00:00 UTC ]
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HuffPo Media Group Expands Team

After AOL’s layoff of 900 staff last week (the U.S. division losing 300 members), the Huffington Post Media Group has begun hiring. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-15 00:00:00 UTC ]
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