May 24- News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. Analysts were expecting News Corp to report a pretax profit of $1.4 billion, according to Thomson Reuters I/B/E/S.» Read More
New York is the birthplace of comic books, and the New York Comic Con, at just five years old, has become a respectable contender as the “it” place for a pop-culture celebration. The show, Friday through Sunday, offers plenty to do and see.
Like the book, the film tackles the economic impact of unconventional subjects and what drives people. Among the topics are how a pro-life philosophy affects crime and how naming a kid an unusual name has financial consequences.
As the fourth season of the AMC series “Mad Men” kicks off, some of the show’s fans are gearing up to play another round of a peculiar language game: trying to spot flaws in the meticulously constructed dialogue portraying 1960s Madison Avenue.
The showcasing of “Salt,” which opens in theaters on Friday, struck many longtime conventiongoers as a tipping point.
After offering $210 million for Playboy Enterprises, Penthouse parent FriendFinder Networks CEO Marc Bell told Fast Money why he wants to get into bed with Hugh Hefner.
Camilla Lackberg has written seven blockbuster novels in her native Swedish but, until now, no one bothered to translate and publish any of them in the United States. And she has a tattooed, secretive, bisexual computer hacker named Lisbeth Salander to thank for it.
The record price for a comic book, already broken twice this year, has fallen again.
The annual Forbes billionaire face-off is back. And this year the billionaires are back, too. In 2009, a financial bloodbath slashed the assets of the world's wealthiest in half. In 2010? A revival.
Great news: The 'R' word is back! No, not recession. Or recovery. Rich! So quit your crying and get to it.
It's no joke, but might sound like a setup for one— Hachette Audio in May will release Tiger Woods’ 2001 best seller, “How I Play Golf,” as an audio book. In it, Woods shares the “psychological practices he uses daily to keep his game in top shape and help him transcend all the ups and downs of golf.”.
Newspapers, including The New York Times, are weighing whether to ask online readers to pay for at least some of what they offer, as a handful of papers, like The Wall Street Journal and The Financial Times, already do. Indeed, in the next several weeks, industry executives and analysts expect some publications to take the plunge.
Ever since electronic books emerged as a major growth market, New York’s largest publishing houses have worried that big-name authors might sign deals directly with e-book retailers or other new ventures, bypassing traditional publishers entirely. Now, one well-known author is doing just that.
Cormac McCarthy has written more than a dozen novels on a portable Olivetti manual typewriter he bought in a Knoxville, Tenn., pawnshop around 1963 for $50. With this machine starting to break down, McCarthy agreed to auction it donate the proceeds to the Santa Fe Institute, a nonprofit interdisciplinary scientific research organization with which both men are affiliated.
A consortium of magazine publishers including Time and Condé Nast plan to jointly build an online newsstand for publications in multiple digital formats, according to people with knowledge of the plans.
Playboy Enterprises is in preliminary talks to sell itself to Iconix Brand Group, people familiar with the matter said.
The Wizarding World of Harry Potter, the keenly anticipated Florida theme park, will open in the spring and allow visitors to tour Hogwarts, buy quidditch gear and drink butterbeer.
Google, long seen as an enemy by many in the news industry, is making a bold attempt to be seen as a friend with a new service it hopes will make it easier for readers to read newspaper and magazine articles.
The dream of quitting the day job and making a living from blog revenue has proved to be far-fetched for most bloggers. But a few entrepreneurs have found success in blog networks.
Almost 48 years after it was first published, “Mastering the Art of French Cooking” by Julia Child is finally topping the best-seller list, bringing with it all the butter, salt and goose fat that home chefs had largely abandoned in the age of Lipitor.
Hadassah, the Jewish volunteer organization, knew it had invested $40 million with Bernard L. Madoff by the late 1990s. It also knew it had taken more than $130 million from its Madoff accounts and still had millions on the books when the vast Ponzi scheme was revealed in December.