News Corp marked a major digital revenue milestone and said a deal with AI companies is "imminent". By Charlotte Tobitt News Corp and the New York Times have both reported strong subscriptions growth and are bucking the trend of news businesses reporting revenue decline. Rupert Murdoch’s News Corp marked a milestone as digital reached 52% of all revenues, with chief executive Robert Thomson describing this as “more than an e-evolution, it is an e-revolution”. Thomson told investors: “For the second quarter in succession, News Corp has achieved growth in both revenue and profitability, and we believe there are strong prospects for further growth as difficult, inauspicious macro

By Mx3 Collectif Thought LeaderLast modified on February 7th, 2024 Kochava, known for its expertise in mobile app data analytics, is currently engaged in a legal dispute with the Federal Trade Commission. This case has the potential to significantly impact the worldwide data market. Legal expert and Professor of Law, Anne Toomey McKenna, breaks it all down. Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress’ approach to artificial intelligence and data privacy. The stakes

By Lotte Jones CMO, The News Movement What do younger audiences want from news publishers in 2024? The challenge of delivering reliable news has never been greater. The internet is big. And it’s getting bigger. Every day users and publishers navigate through a vast ocean of digital information, with over 155 million websites competing for the attention of 5.2 billion users. Over 329 million terabytes are created everyday. That’s a lot of information. And a lot of sources. So who do we trust? The rise of the internet and our omnipresent connectivity correlates directly with a sharp decline in trust in publishers. Around the globe, trust

by Ray Schultz , December 19, 2022 Amazon will no longer sell digital magazine and newspaper subscriptions via Kindle Newsstand, starting next year. The tech giant is also phasing out its print textbook rental program, Publishers Weekly reports. Amazon issued this statement to Publishers Weekly:  “Following an assessment of our print textbook rentals and our magazine and newspaper subscriptions and single-issue sales, we have made the difficult decision to discontinue these services.” The statement continues, “We don’t take these decisions lightly, and are winding down these offerings in a phased manner over several months. We will continue to support customers, sellers, and publishers during that time.” The announcement from Amazon rocked

But with its own frustrations and uncertainties, the ride to the mailbox may be bumpy By: Greg Burns December 6, 2022     This article was originally published on Northwestern University’s Medill Local News Initiative website and is republished here with permission. Switching newspaper delivery from costly carriers to the U.S. Postal Service seemed like a no-brainer for Jordan Brechenser, president and publisher of Vermont News and Media. But things quickly got complicated, and that was before a local postmaster obtained an order of protection and moved to a new post office after a confrontation in a local bar. The decline of print journalism has left penny-pinching publishers with fewer

By Jim Milliot | Dec 02, 2022 It is no secret that the U.S. printing business had been battered for years as the popularity of digital formats significantly reduced demand for magazines, catalogs, and other printed materials. While sales of books held up better than those of their print counterparts, many of the largest printers worked across multiple product lines. And as a result, some of the industry giants (R.R. Donnelley, Quad Graphics) underwent wholesale makeovers, while smaller companies either closed or merged to cope with the plunge in demand. At a spring webinar presented by PW and Westchester Publishing Services, Jim Fetherston, president and

By adding benefit language to their paywalls! Why are newspapers dying? There are lots of reasons, but one contributing factor may be their paywall and subscription offers. Sorry to be blunt, but they’re pretty awful. I spent a few hours reviewing paywall messages on dozens of newspaper websites, and what I found was uniformly unimpressive. In this article I’ll discuss some ways to fix the problem and increase your conversion rates. Here’s the whole message in a nut shell. You have to remember that the consumer’s attitude is “what’s in it for me?” You have to offer something so compelling that he’ll take

By William Turvill Google is struggling to persuade some of America’s largest publishers to sign up to its News Showcase aggregation scheme, an investigation by Press Gazette has found. Armed with a $1bn budget to pay publishers for the use of their content, Google unveiled Showcase nearly 15 months ago. The programme has gone live in 14 countries and has more than 1,000 publication partners, including leading titles in the UK, Canada, Australia and Germany. But the service has yet to launch in Google’s native, and most important, market – the United States. Press Gazette understands that Google started making approaches and contract offers to US

By William Turvill Twitter  America’s largest magazines retained 95% of their circulation through the Covid-19 crisis, Press Gazette research suggests. Strong print subscription bases and growing digital issue readership have helped the likes of Vanity Fair, Vogue and the New Yorker grow over the past year. Our analysis of Alliance for Audited Media (AAM) figures suggests that magazines have fared better than newspapers through the pandemic. Press Gazette’s ranking of the 50 biggest US magazines by circulation shows that print remains the sector’s dominant medium, despite subscription and single-copy sales falling in recent years. On average across the top 50, print subscription circulations have fallen by 7% over the

The majority of subscribers will be light readers — and, INMA argues, publishers should be segmenting and studying this audience. By SARAH SCIRE @SarahScire Oct. 5, 2021, 3:58 p.m.  With a pandemic, U.S. presidential election, and other high-interest news events in the last year, publishers enjoyed a surge of interest from readers who aren’t necessarily news hounds in 2020. Retaining light readers — “casual, infrequent, and picky consumers of news” — are key to a viable subscription business, according to a new report from the International News Media Association. One problem that arises when trying to engage and retain this kind of reader, though? Many news organizations are staffed