• Feb 12- Time Inc, the largest magazine publisher in the United States, reported a lower-than-expected quarterly profit and warned sales would decline further this year as it grapples with falling circulation and advertising revenue. The company, which was spun off from Time Warner Inc last June, has been severely hit by declining circulation and advertising...

  • Feb 12- Time Inc, the largest magazine publisher in the United States, reported quarterly results that fell short of analysts' estimates, hurt by falling circulation and advertising revenue. The forecast implies revenue of $3.08- $3.18 billion for the full year, well below the average analyst estimate of $3.24 billion, according to Thomson Reuters I/B/E/S.

  • Feb 11- Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels under its Turner Broadcasting and HBO units. The two businesses together account for more than half of Time Warner's total revenue. Time Warner cut jobs in its Turner unit last year to reduce costs and spun off its publishing business Time...

  • Hannah Davis: Don’t take the cover so seriously Tuesday, 10 Feb 2015 | 12:54 PM ET
    Model Hannah Davis on the cover of Sports Illustrated's 2015 Swimsuit issue.

    Hannah Davis said Tuesday she did not understand why people were so outraged by her cover photo.

  • Feb 5- News Corp, owner of the Wall Street Journal and HarperCollins, reported quarterly revenue and a profit just above analysts' consensus forecast as its book publishing and real estate businesses offset dwindling print revenue. News Corp's revenue is largely dependent on its newspaper holdings in the United States, Australia and Great Britain.

  • UPDATE 1-News Corp posts revenue above estimates Thursday, 5 Feb 2015 | 5:18 PM ET

    Feb 5- Rupert Murdoch's News Corp, which publishes the New York Post, reported quarterly revenue and a profit above average analyst estimate as its burgeoning book publishing and real estate businesses offset dwindling print revenue. News Corp and Twenty-First Century Fox Inc were part of the same company until they were spun off into separate listed...

  • News Corp posts 1.9 pct rise in revenue Thursday, 5 Feb 2015 | 4:11 PM ET

    Feb 5- News Corp, which publishes the New York Post, reported a 1.9 percent rise in quarterly revenue, helped by its book publishing and real estate businesses. Net income available to shareholders fell to $142 million, or 24 cents per share, for the second quarter ended Dec. 31, from $150 million, or 26 cents per share, a year earlier. Revenue at the publisher, helmed by...

  • Mystery behind Harper Lee's new novel solved? Thursday, 5 Feb 2015 | 2:44 PM ET
    Harper Lee in 2007

    Some residents of Harper Lee's Alabama hometown divulge their suspicions behind her first novel since "Mockingbird," AL.com reports.

  • Scoular hit with $17.2 mln fraud- newspaper Wednesday, 4 Feb 2015 | 4:30 PM ET

    According to the paper, Scoular sent a total of $17.2 million through three wire transfers in June to a bank in China, acting on emails sent to a Scoular executive. The emails appeared to be from Scoular Chief Executive Officer Chuck Elsea and the Omaha, Nebraska- based company's auditing firm. Court documents said the emails were generated by impostors using...


  • The Times beats Street 4Q forecasts Tuesday, 3 Feb 2015 | 11:10 AM ET
    The New York Times building in New York City.

    The New York Times Co. reported fourth-quarter net income of $34.9 million.

  • Feb 3- New York Times Co reported higher-than-expected quarterly revenue and profit, as higher digital subscription and advertising sales largely balanced a fall in print ad revenue. New York Times, like many newspaper and magazine publishers, has been trying to enhance its digital offerings to boost revenue from online ads and subscriptions as print ad...

  • Jan 22- Activist investor Carl Icahn nominated two directors to USA Today publisher Gannett Co Inc's board and pushed for changes in the company's corporate governance practices. Gannett's shares rose as much as 3.9 percent to $32.58 on the New York Stock Exchange. Gannett said in August it would separate its slow-growing print operations, including USA...

  • Jan 20- French newspaper "Le Monde" said its twitter account and publishing tool were hacked by a group called the " Syrian Electronic Army", an amorphous hacker collective that supports Syrian President Bashar al-Assad. In November, the websites of British and North American media organisations and retailer Wal-Mart's Canadian unit were hacked in a suspected...

  • French newspaper "Le Monde" says Twitter account hacked Tuesday, 20 Jan 2015 | 10:13 PM ET

    Jan 20- French newspaper "Le Monde" said its twitter account and publishing tool were hacked by a group called " Syrian Electronic Army." "The hackers managed to infiltrate our publishing tool before launching a denial of service," the newspaper said on its website. Le Monde sent out a tweet saying it has taken back control of its computers. "

  • James Patterson to launch explosive 'Private Vegas' Tuesday, 20 Jan 2015 | 12:57 PM ET

    NEW YORK, Jan 20- James Patterson, already among the world's best-selling authors, plans to shake up the publishing industry with the launch of his new novel, "Private Vegas," which will self-destruct within 24 hours. A deep-pocketed fan willing to spend $294,038 will be flown to an undisclosed location for a meal with Patterson, the author of "Unlucky 13" an "Cross My...

  • Tribune CFO John Bode to resign Tuesday, 20 Jan 2015 | 8:17 AM ET

    Jan 20- Chicago Tribune publisher Tribune Publishing Co said Chief Financial Officer John Bode would resign. The company, which also publishes newspapers such as Los Angeles Times and The Baltimore Sun, said Sandra Martin, senior vice president of corporate finance and investor relations would be interim CFO. Bode, who became CFO in September 2013, will be...

  • To the SEC's new all-star team: Don’t be fooled! Friday, 16 Jan 2015 | 6:25 PM ET
    A trader works on the floor of the New York Stock Exchange.

    To the SEC's new all-star team to overhaul the market: Don’t be fooled, says this former HFT exec who wrote a "Flash Boys" rebuttal.

  • Kid faked trip to 'Heaven,' publisher pulls book Friday, 16 Jan 2015 | 11:52 AM ET
    Beth and Kevin Malarkey talk with their son Alex after surgery at University Hospital's Case Western Reserve Medical Center Friday, Jan. 9, 2009, in Cleveland.

    A publisher will stop selling a book whose young, paralyzed subject says the story of going to heaven is not true. USA Today.

  • UPDATE 1-Carlos Slim becomes top NY Times shareholder Wednesday, 14 Jan 2015 | 6:11 PM ET

    Jan 14- Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co after exercising warrants to double his stake in the publisher to 16.8 percent. New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in 2011.. New York Times intends to use cash proceeds of about $101.1 million to buy back...