Media
Publishing
NEW YORK— The Village Voice, the alternative weekly newspaper that has been a mainstay on the city's street corners for decades, is going digital only and will no longer appear in print. Owner Peter Barbey announced the change on Tuesday. He said the newspaper, founded in 1955 by a group of writers including novelist Norman Mailer, "has been a beacon for progress and a...
Newspaper company Tronc on Monday named digital media veteran Ross Levinsohn to be CEO and publisher of the Los Angeles Times as part of a shake-up of management.
LOS ANGELES, Aug 21- Newspaper company Tronc Inc on Monday named digital media veteran Ross Levinsohn to be chief executive officer and publisher of the Los Angeles Times as part of a shake-up of senior management. The current editor and publisher of the Los Angeles Times, Davan Maharaj, is leaving the paper, Tronc Chief Executive Justin Dearborn said in a memo to...
LOS ANGELES— The Los Angeles Times ousted its editor-publisher and several top newsroom executives Monday in what its parent company says is a shake-up aimed at moving one of the nation's flagship newspapers more quickly into the digital age while bolstering its Washington coverage and other reporting. The Times reported that Maharaj was terminated...
LOS ANGELES, Aug 21- Newspaper company Tronc Inc named digital media veteran Ross Levinsohn the new chief executive officer and publisher of the Los Angeles Times as part of a shake-up of senior management, the company said in a statement on Monday. The two men replace Davan Maharaj, who has served as editor and publisher of the Los Angeles Times since March 2016.
BRASILIA, Aug 15- A Brazilian federal prosecutor believes top executives of J&F Investimentos did not confess all their crimes in plea-bargain testimony and plans to bring corruption charges against them, the Estado de S. Paulo newspaper reported on Tuesday. Prosecutor Ivan Marx told the newspaper the plea deal by the executives who control JBS SA, the world's...
NEW YORK— Netflix has lured Shonda Rhimes, the well-regarded creator of TV series "Scandal" and "Grey's Anatomy," from ABC, its latest big get as media companies old and new fight for viewers' attention. The streaming service's announcement late Sunday comes just days after ABC owner Disney laid out plans to pull programming from Netflix. Netflix said Rhimes'...
ANCHORAGE, Alaska— The Alaska Dispatch News has announced it is filing for Chapter 11 bankruptcy and is in the process of transitioning to new ownership. Those buyers included four siblings— Ryan Binkley, Wade Binkley, James Binkley and Kai Binkley Sims— as well as Alaska Media LLC, publisher of the Arctic Sounder, The Bristol Bay Times and the Dutch Harbor...
"I'm not out here to necessarily beat up Amazon," the best-selling author says."This is a strange era."
Aug 10- News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry. The first quarter should benefit from higher prices for Dow Jones subscriptions as well as increased cover prices in the UK and Australia, the company said on a...
Aug 10- News Corp reported fourth-quarter revenue that slightly missed Wall Street's average estimate as the owner of the Wall Street Journal was hurt by declining demand for print advertising. The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of $89...
Aug 10- News Corp reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising. The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of $89 million, or 15 cents per share, a year...
NEW YORK _ News Corp. on Thursday reported a fiscal fourth-quarter loss of $429 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. News Corp. shares have risen 19 percent since the beginning of the year, while the Standard& Poor's 500...
Aug 10- News Corp, the owner of the Wall Street Journal and book publisher HarperCollins, reported a 6.6 percent fall in quarterly revenue hurt by declining demand for print advertising and a strong dollar. The company reported a net loss available to shareholders of $430 million, or 74 cents per share, in the fourth quarter ended June 30, compared with a profit of...
Consumer Reports is pulling its recommendation of four Microsoft laptops after one of its surveys found that users were complaining about problems with the devices.
*2nd- qtr rev $694 mln vs est $703.5 mln. *Co identifies $400 mln in spending cuts. The New York- based publisher of Sports Illustrated, People and namesake Time said it was targeting $400 million in spending cuts.
Time Inc. posted a loss in the second quarter compared with a year-earlier profit, hurt by a decline in advertising revenue as well as an impairment charge.
The company reported a loss of $44 million, or 44 cents per share in the second quarter ended June 30, compared with a profit of $18 million, or 79 cents per share, a year earlier. Revenue fell 9.7 percent to $694 million. The magazine publisher also announced a cost-cutting plan that targets adjusted operating income before depreciation and amortization of at...
CBS has focused on boosting revenue from its subscription streaming service such as CBS All Access, and from licensing its shows to other streaming services such as Netflix Inc and Hulu. CBS, which owns cable channel Showtime and publishing house Simon& Schuster, said affiliate and subscription fees revenue which includes revenue from cable TV operators and...
Aug 7- Netflix Inc on Monday said it has bought comics publisher Millarworld, bringing on board renowned comic book writer Mark Millar and a host of character francises it can mine for TV shows and movies. The purchase of a character stable mimics the strategy of Walt Disney Co. Disney bought Marvel Studios in 2009 and has churned out blockbuster movies, TV series...
