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Media Publishing

  • The Obama's break records in duo-book deal

    Readers will get a glimpse in to the Obama's memories in the White House through their own words.

  • President Barack Obama and First Lady Michelle Obama prepare to greet President-elect Donald Trump and his wife Melania at the White House in Washington, D.C. on January 20, 2017.

    Penguin Random House wins bidding war for memoirs by former president and first lady, The Finanical Times reports.

  • President Barack Obama and the former first lady, Michelle Obama, with one volume to be written by each, the publishing company said on Tuesday. But in keeping with their past practice, the Obamas plan to donate a "significant portion of their author proceeds to charity," including the Obama Foundation, the publisher said in a statement. By comparison, fellow...

  • *Full-year adjusted earnings per share up 12 pct. LONDON, Feb 27- British newspaper group Trinity Mirror said it would focus on growing its digital advertising sales to cope with "challenging and volatile" markets after reporting a 10.7 percent drop in full-year print revenue. "The print environment is challenging, we are under no illusions about that," Chief...

  • LONDON, Feb 27- British newspaper publisher Trinity Mirror said it would focus on growing its digital advertising sales and further diversify its income after reporting a 10.7 percent drop in full-year print revenue. The owner of the Daily Mirror, which has been ripping out costs to counter the fall in circulation and print advertising, said it had seen...

  • Trump administration: Pearson CEO

    Pearson CEO John Fallon speaks about the U.S. education system, priming young people with the skills needed for future jobs and dealing with digitization.

  • Feb 23- The New York Times Co will air its first TV ad in seven years on Sunday's broadcast of the Academy Awards on ABC, as the 166- year old newspaper looks to highlight independent journalism amid U.S. While ABC, owned by Walt Disney Co, does not comment on how much it receives from advertisers, a source with knowledge of negotiations said the Times' ad buy was in that...

  • Feb 21- Tribune Media Co, one of the largest U.S. television station operators, said on Tuesday that activist investor Starboard Value LP had taken a 6.6 percent stake in the company. Tribune's shares were up nearly 2.5 percent at $34.54 in trading after the bell. Tribune had hired investment banks Moelis& Co and Guggenheim Securities as financial advisers early...

  • CBS, which is home to popular shows such as "NCIS" and "The Big Bang Theory", has been facing a slowdown in its advertising revenue as advertisers shift more dollars from TV to online. CBS, like many of its peers, is also trying to boost its revenue through deals with streaming video providers. Last year, CBS signed deals with Hulu and Alphabet Inc's Google to be included in...

  • CBS, which is home to popular shows such as "NCIS" and "The Big Bang Theory", has been facing a slowdown in its advertising revenue as advertisers shift more dollars from TV to online. CBS, like many of its peers, is focused on increasing revenue through deals with streaming video providers. Last year, CBS signed deals with Hulu and Alphabet Inc's Google to be included in...

  • LOS ANGELES/ NEW YORK, Feb 15- Charlie Munger, the billionaire vice chairman of Warren Buffett's Berkshire Hathaway Inc, said some of U.S. President Donald Trump's ideas may prove constructive for the country, tempering comments a year ago suggesting that his fellow Republican was not morally qualified for the White House. "Well, I've gotten more mellow," Munger...

  • HONG KONG, Feb 10- The mysterious disappearance from Hong Kong of Xiao Jianhua, a China- born billionaire, has sent a chill through mainland business circles linked to the city, and some are looking to move their assets, say financiers, lawyers and Chinese businessmen. Hong Kong, a global financial centre, has served as a major hub for Chinese capital since the former...

  • *Posts Q2 adjusted EPS of $0.19 vs estimates of $0.18. The company's news and information business, which includes the Wall Street Journal and the Times in London, has been suffering from lower ad sales as readership dwindles, with readers opting for free news on websites and mobile apps. Revenue in the business fell nearly 7 percent to $1.30 billion in the second...

  • The company's news and information business, which includes newspapers such as the Wall Street Journal and the Times in London, has been suffering from lower advertisements as readers prefer the quick and free news on websites and mobile apps. The business includes REA Group Ltd, a leading real estate advertising company in Australia, and Realtor.com in the...

  • Feb 9- News Corp, the owner of the Dow Jones Newswires and book publisher HarperCollins, posted a second-quarter loss as it struggles to offset the decline in advertising income in its newspaper business. Net loss available to News Corp shareholders was $290 million, or 50 cents per share, in the quarter ended Dec. 31, compared with a profit of $62 million, or 11 cents...

  • New York Times readers who sign up for a one-year, "all-access" digital subscription, which costs $5 per week, will also get free access to Spotify's premium service, which costs $120 per year, the Times said. However, the Times' latest quarter, which ended in December, was its best in five years for net new digital subscriptions, helped in part by then-Presidential...

  • The New York Times said in April that it would shut some of its Paris operations, while in November the Wall Street Journal started laying off employees and reducing the number of sections in the newspaper.. Net income attributable to the New York Times fell 28.1 percent to $37.1 million, or 24 cents per share, in the quarter. On an adjusted basis, the company earned 30...

  • Feb 2- The New York Times Co reported a 28.1 percent fall in quarterly profit, hurt by higher operating costs as the newspaper publisher ramps up its digital business. Net income attributable to the company fell to $37.1 million, or 24 cents per share, in the fourth quarter, from $51.7 million, or 31 cents per share, a year earlier. The company's revenue fell to $439.7...

  • WARSAW, Feb 2- Poland wants the European Bank Authority and other financial institutions to move their offices from London to Poland, the business daily Puls Biznesu cited the head of the country's top financial supervision agency as saying on Thursday. London, an entry point to the European Union's single market in financial services will lose its status...

  • TV station operators, said on Wednesday Chief Executive Peter Liguori would step down in March. "It became clear to Peter and the board that in this last year of his contract it was time to find a new CEO to run the more broadcast-centric company," Bruce Karsh, chairman of Tribune's board said. Tribune's board named director Peter Kern as interim CEO during the search...