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Digital Media

E-Reading Rises as Device Ownership Jumps

The proportion of Americans who read e-books is growing, but few have completely replaced print books for electronic versions. The percentage of adults who read an e-book in the past year has risen to 28%, up from 23% at the end of 2012.  At the same time, about seven in ten Americans reported reading a book in print, up four ... Read More »

YP Acquires Mobile Ad Company Sense Networks

The YP Group announced the acquisition of Sense Networks.  In an interview with Techcrunch, David Lebow, senior vice president and general manager of YP’s national markets group, stated that this was the company’s first acquisition since it launched in May 2012.  YP was formed from the merger of AT&T Advertising Solutions (publisher of the Yellow Pages) and AT&T Interactive, with Cerberus Capital Management ... Read More »

Bertelsmann Q3 2013 Revenues Flat – Group Profits Up 19%

Bertelsmann recorded a positive business performance for the first nine months of fiscal 2013. All key earnings figures improved, with revenues slightly up to €11.45 billion (previous year: €11.42 billion). Earnings before interest, taxes, depreciation and amortization (operating EBITDA) adjusted for special items rose to €1.47 billion (previous year: €1.43 billion). Operating EBIT reached the record level of €1.10 billion ... Read More »

RR Donnelley to Acquire Consolidated Graphics

Further Expands RR Donnelley’s Digital Print, Commercial Print, Direct Mail, Large and Grand Format Printing, Packaging, Print Management and Integrated Communication Solutions Offerings R. R. Donnelley & Sons Company (NASDAQ:RRD) and Consolidated Graphics, Inc. (NYSE:CGX) jointly announced today that they have signed a definitive agreement by which RR Donnelley will acquire Consolidated Graphics, a provider of digital and commercial printing, ... Read More »

The 4Cs: The Building Blocks of a Future Business Model for Publishers

Collaboration, Copyright, ‘Communitycation’ and Contract Publishers face a triple challenge – managing traditional print businesses, building digital revenues and, most challenging, figuring out what the future looks like in, say, two years time. This is no simple task but past experience tells us that the future is always a fusion of the old and new. Laurence Kaye, Partner – Publishing ... Read More »

INNODATA First Half of 2013 Revenues Decline by 31%

INNODATA INC. (INOD) total revenue was $16.2 million for the second quarter of 2013, a 4% sequential decline from $16.9 million in the first quarter of 2013.  Total revenue was $22.8 million during the second quarter of 2012.  For the first six months in 2013, revenues were $33 million, down 31% from $48 million in the first six months of 2012. ... Read More »

Ascend Integrated Media Delivers Popular Copper Tube Handbook Via Mobile App

Ascend Integrated Media is proud to announce the launch of a new smartphone and tablet app designed to make it easier and quicker for plumbers, HVAC technicians and contractors working out in the field to obtain information about copper tube, piping and fitting as well as different joining methods and applications. Working with the Copper Development Association (CDA), Ascend Integrated ... Read More »

Schibsted Media Group is Poised for Growth

Schibsted is an international media group with approximately 7,800 employees. Schibsted has operations in 29 countries. Schibsted’s strategy comprises two main objectives: further development of its media houses and establishment of online classifieds services. Strong media houses represent the core of our activities, and its corporate growth strategy is based on close collaboration between different media channels.  The objective is ... Read More »

Yahoo Acquires Tumblr for $1.1bn

Yahoo Inc. is buying online blogging forum Tumblr for $1.1 billion.  The deal announced Monday represents Mayer’s boldest move yet since she left Google 10 months ago to lead Yahoo’s latest comeback attempt.  It marks Yahoo’s most expensive acquisition since the Sunnyvale, Calif., company bought online search engine Overture a decade ago for $1.3 billion in cash and stock. Yahoo ... Read More »

BIIA and EASDP Partnered in the Biggest Event Dedicated to the Business of Database, Search and Directory Publishing

Toledo, Spain, Thursday September 20, 2012:  At the EASDP Congress a BIIA panel of experts discussed the important aspects of how to redefine Business Information, how to get new value out of ‘Old Databases’, and how to extract value from semi / unstructured data.  The discussion centered on the new phenomena of BIG DATA, which is being heralded as the ... Read More »

Digital Conversion: Yellow NZ Names Industry Veteran as New CEO

New Zealand’s Yellow Pages Group had named current Managing Director Chris Armistead as its new CEO, replacing Scott Pomeroy, who held the job on an interim basis. Pomeroy, formerly CEO of Local Insight Media, will remain on the company’s board of directors. Armistead is an international Yellow Pages veteran, having worked at AT&T (BellSouth), Sensis, and Truvo. At the latter, ... Read More »

Yahoo CEO Scott Thompson has Stepped Down – Corporate Governance Prevails

The controversy over exaggerated computer science collage degree on CEO Scott Thompson’s biography was initially brushed off by Yahoo as an ‘inadvertent error’. It appears investors and directors thought otherwise and Thompson checked out at Yahoo last weekend. The departure is a victory for hedge fund manager Daniel Loeb of Third Point LLC, which is one of Yahoo’s largest outside ... Read More »

McGraw-Hill Construction Sweets Introduces New Mobile App for Design Professionals

With this app, design professionals can search for building product information quickly on iPhones and Android devices. McGraw-Hill Construction Sweets, the one-stop source of building product information for the architecture, engineering, and construction (AEC) community, has developed and launched a new mobile app that enables design professionals to search and download specs, CAD, BIM, catalogs, data sheets and more quickly ... Read More »

Outsell Report: China Market Size for Scientific, Technical and Medical Publishing is US$ 1.12 billion

Outsell has recently published a report on the Scientific, Technical and Medical Publishing industry (STM) in China.   Outsell estimates that the size of the overall STM market in China is $1.12 billion in revenues in 2011, slightly more than 5% of our preliminary estimate of $21.01 billion for the global STM market (excluding the geospatial data sub-segment, which is subject ... Read More »