Web-linked touchscreen tablet that repurposes print content unveiled by SkiffIt is thinner than a CD case and is made of a flexible sheet of stainless steel foil that won’t shatter if you drop it. Yet the Skiff Reader, a touchscreen device unveiled las…
At the weekend, the Sunday Times ran a throwaway 150 words on Lionel Barber’s request that senior staff at the Financial Times should consider taking an extra week’s holiday this summer, on 30% of their usual pay. So what? Well, the report prompted some thoughts from an analyst at Cazenove (reproduced at FT Alphaville yesterday). [...]
If you work at Wapping, what should you think of News Corporation’s full-year results? Here’s the stuff investor relations would like you to shout about: Revenue up by 9% Operating profit up by 18% Q4 net income per share up 27% Yadda-yadda. So is everything really rosy in the garden? Given News Corp’s typically miserly [...]
This morning, United Business Media turned in revenues up by 10.4% YOY for the six months to the end of June. Cash conversion improved, and so did operating profit (up 11.4%). Even CMPi managed growth of 6.2% (although margins dipped slightly below 20%). For the journalists among you, it’s worth pointing out that all of [...]
Boy, oh boy. They’re only a few weeks into the job, and already Rupert Murdoch, Les Hinton and Robert Thomson have outraged the good burghers of Wall Street. There’s a dawning realization that the “special committee” set up to protect Dow Jones from Rupert’s worst instincts might be toothless. (Er, that sounds familiar somehow.) How [...]
Yesterday, the New York Times Company held its annual meeting for shareholders in New York. A sense of crisis envelops the Grey Lady. Rupert Murdoch is cranking up the volume at the Wall Street Journal. And the Sulzberger family has been forced to accommodate two activist investors on its board. Reporting has tended to focus [...]