News Corp COO Chase Carey spoke about Fox’s digital strategy in an earnings call Wednesday afternoon. The company saw strong growth in home video, thanks to digital downloads. Carey also acknowledged that Hulu will have to adapt in coming years to compete with Netflix. Read more »
The Washington Post posted discouraging earnings Friday, with revenue and circulation down from a year ago. Read more »
The New York Times’s latest quarterly earnings estimates slightly missed analysts’ expectations. The company also announced a new plan to offer a variety of new, lower-priced digital products. Read more »
Google posted reports that came close to analyst expectations. CEO Larry Page talked up the Google’s more exotic products and dismissed questions about resource allocation and the impact of Facebook’s Home screen on mobile. Read more at GigaOM »
Among the highlights from Pearson’s 2012 report: Financial Times digital subscriptions surpassed print for the first time, and ebooks accounted for 17 percent of Penguin’s global revenues. Read more »
It’s only been a couple of months since Barnes & Noble downgraded guidance for its Nook business. Now the company is doing so again. Unfortunately, Nook Media is supposed to be the profitable part of the company. Read more »
The New York Times posted new earnings numbers this morning and they present a familiar, discouraging story of the Grey Lady’s inability to grow its digital business fast enough to offset other revenue declines. Read more »
Facebook released its fourth quarter earnings on Wednesday, beating analyst estimates and making significant gains in mobile, which was an important metric for the company this quarter. Facebook saw mobile daily active users exceed web DAUs for the first time. Read more at GigaOM »
Amazon announced fourth-quarter and full year 2012 earnings report roughly in line with investor expectations Tuesday afternoon. Speaking of ebooks, CEO Jeff Bezos said, “We’re now seeing the transition we’ve been expecting.” Read more at GigaOM »
The arrival of Marissa Mayer at Yahoo is fueling the desire for a comeback story. Despite press reports suggesting the turnaround has come, Yahoo’s modest earnings improvement this week are not that story. Read more »
How did the most important public companies on GigaOM’s radar fare in the fourth quarter? Here’s our roundup of quarterly report cards. Read more at GigaOM »
In its earnings report Thursday, Barnes & Noble reported revenues of $1.9 billion on losses of $0.04 a share, roughly flat with last year. Nook sales were up, but sales in stores and on BN.com fell. Read more »
Look out, world. Mail Online is still investing in building out its U.S. and U.K. teams. The next focus for cash will be video production. Read more »
After the Napster years, the world’s biggest major label is approaching growth again, and is about to reach the point where it sells more music digitally than on discs. Read more »
Hachette and Random House’s parent companies Lagardère and Bertelsmann reported earnings Tuesday. At Hachette, ebooks made up 20 percent of adult trade book sales in both the U.S. and U.K. divisions. Read more »
Publishers reliant on classified advertising are getting hurt by the UK’s fragile local economy. Some are now desperately courting alternative advertising models, but our earnings round-up shows their growth is so far being wiped out. Read more »
HarperCollins and Simon & Schuster’s parent companies both reported earnings Wednesday. While News Corp shared little about HarperCollins’ performance, CBS noted that digital made up 21 percent of Simon & Schuster’s revenues for the quarter. Read more »
Online earnings are falling despite booming audiences at leading UK news publisher Trinity Mirror, caught in a confluence of circumstances that prompt the big question — does content pay? Read more »
Martha Stewart Living Omnimedia announced poor third-quarter earnings Friday morning, which did not come as a surprise following the layoffs and magazine closures the company announced Thursday afternoon. Publishing and broadcasting revenues fell significantly, with a bright spot in the merchandising segment. Read more »
The Financial Times’ digital subscriber sign-up continues apace, as the paper finds more money and more readers in paid digital content whilst the advertising market looks weak. Read more »
Amazon reported high sales and lower than expected profits in its third-quarter earnings report Thursday afternoon. Shares were down in after-hours trading. Losses were due in part to the company’s investment in struggling daily deals site LivingSocial. Read more »
In Russia’s fast-growing internet scene, Mail.ru is successfully marshalling its diverse arsenal of social network and game services to attract paying users, while its social advertising prospects turn down. Read more »
The New York Times posted a familiar earnings tale of rapidly declining advertising and steady gains in digital subscriptions. The good news is that those subscription increases came even after the paper tightened its paywall. Read more »
In its first full quarter with former Google exec Marissa Mayer as CEO, Yahoo reported Q3 revenues of $1.08 billion with net income of $0.23 per share. Earnings were in line with analyst expectations, and shares rose in after-hours trading. Read more »
Somebody is probably looking for a job after the search giant unexpectedly pre-announced its financial results hours before they were supposed to be released. What’s worse, the numbers were bad. Read more at GigaOM »
Magazine publisher Future’s early enthusiasm for Apple’s Newsstand storefront appears to be paying off. The company has sold £5 million in titles there, and now wants to diversify and globalise its digital business. Read more »
MailOnline’s celebrity gossip and photo galleries may have drawn millions of readers at breakneck speed, but it is now monetising the audience even faster, earnings show. Read more »
Should websites charge users or advertisers? Russia’s number-two operator does both, but has this year seen payments from its user base quickly become its top revenue line, in a positive sign for Russian content payments. Read more »
The trailblazing firm may need more VC cash to cover its losses as it builds a global streaming behemoth, a disclosure reveals. So who gets what value from Spotify, and how could that change after another investment? Read more »
Barnes & Noble has a $300m investment from Microsoft and will launch the Nook in the UK this fall. But the country’s largest bookstore chain is struggling to compete against Amazon. Nook device sales fell during Q1 2013, though digital content sales were up. Read more »
The UK publisher of 230 local newspapers has set ambitious digital growth targets for its new CEO’s turnaround. So far, Johnston’s online gains are going slow from a low base. But the most interesting part of its strategy may lay ahead. Read more »
As the market for music on discs shrinks, struggling retailer HMV will try blurring online and in-store to beef up plastic. But is the initiative just designed to defend a fast-diminishing old business? Read more »
Just how poor is the outlook for publishing? News Corp has answered that question by devaluing its own activities before splitting them from its TV businesses. To blame? Restructuring costs, diminishing advertising and the gap left by the News Of The World, the company says. Read more »
When is an explosion in mobile users ever a bad thing? When those users are switching from your website and you have no mobile business model. That is what growing numbers of online service are now worrying about. Read more »
Demand Media announced the promotion of Michael Blend to president and COO this afternoon. Blend replaces Charles Hilliard, who stepped down in June. Separately, the company broke even for the first time, with revenues up 17 percent. Read more »
Company filings this week suggest economic worries have resurfaced the downturn in the free web’s engine oil – advertising . Some digital operators are celebrating sheltering in paid content, but others are still courting advertisers. What do their fortunes tell us about the recipe for online success? Read more »
Amazon disappointed investors with its second-quarter earnings Thursday, reporting plunging profits and results below Wall Street expectations. The company reported $12.83 billion in revenue, up 29 percent over last year but missing estimates of $12.9 billion, and predicts an operating loss for Q3. Read more »
Yahoo took a hit on layoff costs in the second quarter but still showed a small profit, eking out tiny single-digit increases in some meaningful metrics while keeping search from falling off a cliff. In a word, it was flat compared to the same quarter in […] Read more »
Guardian News & Media is re-opening its voluntary redundancy programme after its “digital-first” survival strategy’s first year resulted in much higher company losses. Read more »
BBC Worldwide is ringfencing early BBC.com profits for its journalism operation and writing value off its travel publisher thanks to currency markets. Read more »
