NEWS: John Wiley& Sons Inc. said Tuesday that its fiscal second-quarter net income declined 16 percent, hindered by some charges. Journal subscription revenue climbed 2 percent to $164 million, while digital book revenue across its three segments surged 40 percent to $31.4 million.» Read More
LONDON, Nov 29- Bank of England Governor Mark Carney has warned would-be British homeowners to consider the risks of higher interest rates, amid concerns that rising house prices could create a property market bubble, a newspaper reported on Friday. "Think about the mortgage you are taking on, the debts you are taking on," Carney was quoted as telling The Guardian.
NEW YORK Nov 26- New York Times Co Chief Executive Officer Mark Thompson said the publisher is going to keep all its money losing operations under review- including those in China- as he seeks to negotiate the newspaper's increasing shift towards a digital landscape.
VANCOUVER, Nov 25- A Canadian newspaper mogul is pushing ahead with a $27 billion plan to build an oil refinery on Canada's west coast, hoping to file for regulatory approval before year-end and with construction targeted for 2016..
Nov 22- Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company. Following the spin off, Time Warner will own no equity interest in Time Inc..
Tribune Co plans to cut 700 jobs, or about 6 percent of its workforce, mainly at its newspaper division.
Nov 18- Washington Post Co is changing its name to Graham Holdings Co after it sold the Washington Post newspaper to Amazon.com Inc founder Jeff Bezos. The company's symbol on the New York Stock Exchange will change to "GHC" from Nov. 29, Washington Post Co said on Monday.
Chief Executive Mike Perlis, in a memo to employees on Friday, said the company had hired Deutsche Bank to explore a sale of the company founded by financial newspaper columnist B.C. Forbes in 1917..
Nov 15- Forbes Media, which publishes the well-known financial magazine, has hired Deutsche Bank to explore a sale of the company, CEO Mike Perlis said in a memo to employees on Friday. We have hired Deutsche Bank to represent us, and we expect interest from numerous suitors, "Perlis said in the memo, obtained by Reuters.
CNBC's Julia Boorstin reports CBS' publisher Simon and Schuster has withdrawn from publication and sale of all formats of book "The Embassy House."
TORONTO, Nov 7- Canada's Quebecor Inc posted a third-quarter net loss on Thursday, writing down the value of its media assets as the newspaper industry grapples with the transition to digital distribution.
LOS ANGELES, Nov 6- CBS Corp recorded higher profit that met Wall Street expectations as the company collected more revenue from advertising and the licensing of television shows including hits "NCIS: Los Angeles" and "The Good Wife."
Nov 6- Time Warner Inc's third-quarter profit beat estimates, driven by growth at its cable networks, and its chief executive said on Wednesday a new cable package offered by No. 1 cable operator Comcast would help HBO expand its subscriber base.
Nov 6- Time Warner Inc on Wednesday posted higher third-quarter profit, beating Wall Street estimates on growth in advertising and subscription fees at its cable networks. Revenues fell 7 percent to $2.7 billion at its Film and TV Entertainment unit that includes Warner Brothers.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported quarterly earnings that missed Wall Street expectations, dragged down by investments in new cable channels and a weaker performance by its movie slate. Wall Street analysts on average had expected 35 cents per share, according to Thomson Reuters I/B/E/S.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported quarterly earnings on Tuesday that missed Wall Street expectations as the company invested in the launch of new U.S. cable channels. Wall Street analysts on average had expected 35 cents per share, according to Thomson Reuters I/B/E/S.
LOS ANGELES, Nov 5- Rupert Murdoch's 21st Century Fox Inc TV and film company reported higher revenue for the quarter that ended in September, following the split of the company's entertainment and publishing businesses. Adjusted earnings-per-share were 33 cents, down from 38 cents a year earlier.
TORONTO, Nov 1- U.S. hedge fund Silver Point Capital LP has bought a 19 percent stake in Canadian newspaper company Postmedia Network Canada Corp, a regulatory filing showed. Postmedia operates Canada's largest chain of newspapers, including the flagship National Post, the Montreal Gazette, Ottawa Citizen and Vancouver Sun.
Oct 31- Norman Pearlstine is leaving Bloomberg LP to return to Time Inc in the newly created position of executive vice president and chief content officer as the magazine publisher moves to split with Time Warner Inc.. The return of Pearlstine to Time Inc is a homecoming for the man who was the company's editor-in-chief from 1994 through 2005..
Oct 31- New York Times Co reported higher third-quarter revenue on Thursday after more readers paid for its flagship newspaper and its digital products. Shares of New York Times Co rose 2 percent to $14.02 in morning trade.
Oct 31- New York Times Co reported higher third-quarter revenue on Thursday after more readers paid for its flagship newspaper and its digital products. The company sold The Boston Globe and its sister newspaper this month for $70 million and now publishes only its namesake paper.