It was heartbreak for Stockport County supporters as their team missed out on promotion in the cruellest of fashions.
12.05.2023 - 15:39 / thewrap.com
Shares of Wall Street Journal and MarketWatch owner News Corp. rose 6.5% in morning trading after the news and book publisher posted a slight decline in revenue for its fiscal third quarter as the advertising market softened, but reported progress on cost-cutting measures it said would save $160 million this year.Shares gained $1.02, or 6%, to $17.85, in morning trading after earlier reaching as high as $18.68.
News Corp. shares closed Thursday at $16.83, down 9% since the start of the year.The New York-based company, which also owns the New York Post, a host of British and Australian newspapers including the Sun and the Times of London, Harper Collins Publishers and realtor.com, said revenue for the three months ended March 31 fell 2% to $2.45 billion, from $2.49 billion in the year-ago quarter.
Net income plunged to $59 million, or 9 cents per share, from $104 million, or 14 cents per share, last year.Revenue declined across all of the company’s units except Dow Jones, which houses the namesake business newswire and other professional information businesses, along with The Journal and its other market-focused publications. The company said the acquisitions of the Oil Price Information Service (OPIS) and Chemical Market Analytics (CMA) last year helped drive revenue gains for the unit.“In a period in which advertising was clearly insipid in certain parts of the world, our core non-advertising revenue has been particularly robust,” CEO Robert Thompson said in a statement.
While Dow Jones saw a 9% increase in revenue to $529 million, its newspapers saw a 3% decline to $563 million. Meanwhile, its digital real estate services saw a13% drop to $363 million amid the softening housing markets in the U.S.
It was heartbreak for Stockport County supporters as their team missed out on promotion in the cruellest of fashions.
A high heart rate in May is almost an annual tradition for Stockport County manager Dave Challinor.
ITV News journalist Emily Morgan, who played a key role in covering the Covid pandemic has died aged 45, the broadcaster has announced.
Travel blog by Travels of Adam (Hipster Blog) – Travels of Adam (Hipster Blog) - Travel & Lifestyle Hipster Blog This former cinema theater located in the heart of trendy Södermalm at Mariatorget square is more than just a hotel. Read what makes it so special below… When preparing for my weekend trip to Stockholm, I knew one thing: hang out on the Södermalm island. From reading the Girl with Dragon Tattoo books and from my extensive research into Stockholm travel tips (thanks Pinterest!), I knew this was the island for me.
Another 144 new homes are planned for Stockport town centre - and they are all ‘affordable’. Housing association Great Places has submitted plans for 144 apartments split across two new buildings at the corner of King Street West and Chestergate. Properties include a mix of one and two-bedroom flats and duplexes.
A new 'walkable neighbourhood' in Stockport has moved a step closer with the announcement of a funding partner for the 250 million scheme.
Ed Meza @edmezavar Baby Atómica, a new Costa Rican-U.S. film production company, has launched at the Cannes Film Market’s new genre-focused Fantastic Pavilion with a number of film projects already in development. The Los Angeles-based shingle, founded by Costa Rican producers Miguel and Dennis Gómez, who previously ran Atómica Films in San José, and Jesy Odio, likewise a producer with Costa Rican roots, unveiled three initial early-stage genre projects: Baby Atómica took its first steps with the production of the just released music video for Miley Cyrus’ “Jaded,” produced by Odio.
Todd Spangler NY Digital Editor Disney’s culling its content on Disney+ and Hulu is coming as early as next week — with the media company pulling off more than two dozen titles, including series “Willow,” “The Mysterious Benedict Society” and “Dollface,” and movies such as “The One and Only Ivan.” A Disney rep confirmed that 27 titles will be pulled off Disney+ and Hulu. On the company’s earnings call last week, CFO Christine McCarthy said Disney expects to take a write-down in the June quarter of $1.5 billion-$1.8 billion from removing content from its streaming platforms. “We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation,” McCarthy told investors. “As a result, we will be removing certain content from our streaming platforms.”
Todd Spangler NY Digital Editor Shares of Netflix jumped more than 10% Thursday on news that the streamer had signed up almost 5 million customers for its ad-supported plan within six months of launch. At Netflix’s first-ever upfronts event Wednesday — held virtually — the company touted that it had signed up nearly 5 million global monthly active users following its initial introduction in early November 2022. About 80% of viewing by subscribers on the ad plan is on a TV, and the median viewer age of 34, according to the company. In addition, Netflix said more than 25% of new customer signups are now choosing the ad plan in the 12 countries where it has been rolled out, including the U.S.
Tatiana Siegel The mystery surrounding Tucker Carlson’s ouster from the airwaves at Fox News — and his future plans in media — are coming into sharper focus. On April 26, Carlson spoke by phone with one of Fox Corp.’s eight board members, who told the host that his recent benching was a condition of Fox News’ settlement with Dominion Voting Systems, according to multiple sources with knowledge of the conversation. The unnamed board member told Carlson that the condition does not appear in any of the settlement’s documents, and instead was a verbal agreement. If Fox didn’t comply, the settlement was off, Carlson was told. Dominion had plenty of leverage given that the $787.5 million deal to settle Dominion’s defamation suit against the network wouldn’t officially close until late-May.
Today (May 10), Beyoncé began her highly anticipated “Renaissance” tour after releasing the album of the same name last July. The tour kicked off in Stockholm, Sweden at the Friends Arena, where she performed for three hours.
Beyoncé has kicked off her long-awaited Renaissance World Tour that has put some in debt buying tickets. The iconic singer started the tour in Stockholm, Sweden, at the Friends Arena, performing her latest album, Renaissance, on stage for the first time.
Stockport County have paid tribute to former record-signing Neil Matthews following his death with cancer aged 56. Matthews played a key role in County's legendary 1990-91 season, scoring two goals in the club's final day 5-0 win over Scunthorpe that secured the club's first promotion in 20 years.
Elsa Keslassy International Correspondent Viaplay Content Distribution has closed the first raft of deals for its ambitious action drama film “Stockholm Bloodbath” directed by Mikael Håfström. Ahead of Viaplay’s official streaming premiere in 2024, “Stockholm Bloodbath” will be distributed in the Nordics by Scanbox Entertainment. It will roll out in Denmark on Jan. 18th and in Sweden and Norway on Jan. 19. Splendid Film, meanwhile, has acquired all rights for Germany, Austria and German-speaking Switzerland. “Stockholm Bloodbath” is part of Viaplay Content Distribution’s roster which will be unveiled at the Cannes Film Festival to international buyers. The company will present new and exclusive material from the film.
Fox News is facing another defamation lawsuit, this time from the former executive director of a Department of Homeland Security division tasked with monitoring the threat of disinformation.
Beyonce has officially launched her Renaissance World Tour and we have all the photos that have been released so far!
Tesco has followed followed supermarket giant Sainsbury's in slashing the price of its own-brand bread and butter.
Todd Spangler NY Digital Editor BuzzFeed’s revenue was down substantially in the first three months of 2023, dropping 27% in the period — and the company projected sales would be off as much as 29% for Q2. Given the decline, last month BuzzFeed announced it was shuttering its unprofitable BuzzFeed News division and laying off about 180 people across the organization, about 15% of its employee base. “We have reached an inflection point in digital media. Over the last few months, we have made significant strategic and organizational changes to position the business for long-term growth. Peretti continued, “By leaning into Creators and AI, I believe we can unlock new opportunities across our portfolio of trusted brands — including Tasty, First we Feast, Complex, HuffPost and BuzzFeed,” Jonah Peretti, BuzzFeed founder and CEO, said in announcing the Q1 results.
Fox CEO Lachlan Murdoch says Fox Corp. is in a good place despite the ongoing WGA strike given its mix of programming.
Confider reported that text messages between Carlson and the network’s then-chief political anchor Bret Baier revealed that they were worried that Fox would be “destroyed” by its early but accurate call of Arizona for Biden.“I’ve got four more years here. I’m stuck with Fox. Got to do whatever I can to keep our numbers up and our viewers happy,” Carlson tweeted.