NEW YORK— U.S. newspaper industry revenue fell last year, as increases in circulation revenue weren't high enough to make up for shrinking demand for print advertising, an industry trade group said Friday. The Newspaper Association of America said revenue fell 2.6 percent to $37.6 billion in 2013..» Read More
Feb 6- News Corp, publisher of the Wall Street Journal, reported a 4 percent decline in quarterly revenue on weaker advertising at its newspapers, but cost cuts helped push profit well ahead of analysts forecasts. Shares in News Corp rose 4 percent in after-hours trading after closing at $16.02 on Thursday.
Feb 6- News Corp reported on Thursday a 4 percent decline in quarterly revenue on lower advertising revenue at its newspapers, especially in Australia. This is the second quarter that News Corp, whose chairman is Rupert Murdoch, has reported results as a standalone company after separating from its entertainment and TV properties now known as 21st Century Fox.
EGYPT ARMY CHIEF SISI SAYS HE WILL RUN FOR PRESIDENT- KUWAITI NEWSPAPER.
*HBO revenue growing at slower rate than Netflix's. Feb 5- Time Warner Inc broke out the financials for its premium movie network HBO on Wednesday for the first time, giving investors a better picture of how the unit stacks up against video streaming service Netflix Inc.
Feb 5- Time Warner Inc broke out the financials for its premium movie network HBO on Wednesday for the first time, giving investors a better picture of how the unit stacks up against video streaming service Netflix.
Feb 5- Time Warner Inc reported better-than-expected quarterly profit and revenue on Wednesday, helped by the success of the space thriller "Gravity" released by its movie studio, and shed light on the performance of its cable units. Time Warner Chief Executive Jeff Bewkes said in a statement that HBO recorded its biggest gain in domestic subscribers in 17 years.
Time Inc is reorganizing itself and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff.
NEW YORK, Feb 4- Time Inc Chief Executive Officer Joe Ripp is reorganizing the structure of the world's largest magazine publisher and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff on Tuesday.
Feb 4- Gannett Co reported lower quarterly revenue and profit on Tuesday as advertising at its newspapers and broadcast television stations fell. Gannett rolled out a digital pay model last year that helped boost subscription revenue. During the 2012 fourth quarter, Gannett benefited from a windfall in political advertising.
Dow Jones' institutional revenue fell by $11 million in the three months ended Sept. 30, according to the fiscal first quarter results of parent News Corp, which did not provide the total figure. Figures for the December quarter have not been disclosed ahead of News Corp's results report on Thursday.
OTTAWA, Jan 31- Canada has canceled two prestigious honors for Conrad Black, who once ran a newspaper empire stretching from the Chicago Sun-Times to Britain's Daily Telegraph and the Jerusalem Post but who ended up in U.S. prison for fraud.
SAO PAULO, Jan 31- Cetip SA Mercados Organizados, Brazil's largest securities clearinghouse, dropped plans to create a local bourse or help ATS Brasil clear and settle cash equities trades when it sets up an exchange in coming months, newspaper Valor Econômico reported on Friday.
Apologies to Harry Potter fans, but J.K. Rowling doesn't belong on the CNBC list of the top 25 business movers and shakers over the last 25 years.
SAUDI ARABIA EXPECTED TO GIVE EGYPT UP TO $4 BILLION IN ADDITIONAL AID- AL-AHRAM NEWSPAPER.
OTTAWA, Jan 23- The Transportation Safety Board of Canada will recommend sturdier tank cars for carrying crude oil by rail, after examining the July 6 derailment at Lac-Megantic, Quebec, that killed 47 people, the Globe and Mail said on Thursday.
Girish Ramdas, Co-Founder & CEO of online magazine store Magzter, says digital news consumption is still in its infancy stage and has further room to grow.
Jan 21- News Corp said that Dow Jones Chief Executive Lex Fenwick is leaving News Corp and will be replaced by William Lewis as interim CEO. In a statement on Tuesday, News Corp said it had plans to review the strategy for Dow Jones, the publisher of the Wall Street Journal and operator of Dow Jones Newswires.
Alex DeGroote, media analyst at Panmure Gordon, says digital is "picking up a lot of the slack" from physical magazine sales but highlights that revenues are still slow as online content is not necessarily paid-for.
*China Credit Trust says pay out due on Jan. 31. SHANGHAI, Jan 17- The trust firm responsible for a troubled high-yield investment product sold through China's largest banks has warned investors they may not be repaid when the 3 billion-yuan product matures on Jan. 31, state media reported on Friday.
Jan 14- Forbes Media, the company known for its namesake magazine and ranking the world's richest people, has caught the attention of six different companies including Germany's Axel Springer, according to a report in the Wall Street Journal.