$5.50 for The Weekend Australian is more expensive than the weekend editions of Herald Sun (currently $4).
If you shop at Woolworths though, you may be lucky enough to get a discount coupon at the back of the docket, allowing you to buy The Weekend Australian for $3.50 with the coupon. The offer ends on August 31.
Revenues at News Corp Australia decreased 5%, driven by lower circulation and subscription revenues, and included a $4 million, or 1%, negative impact from foreign currency fluctuations.
Circulation and subscription revenues decreased $9 million, or 3%, compared to the prior year, primarily due to lower print volumes and lower digital circulation and subscription revenue at News Corp Australia due to the expiration of the Meta content licensing deal, partially offset by price increases and digital subscriber growth at News UK.
Advertising revenues decreased $11 million, or 5%, compared to the prior year, primarily due to lower print advertising at News UK and News Corp Australia and lower digital advertising mainly driven by a decline in traffic at some mastheads due to platform-related changes, partly offset by growth in digital advertising at Wireless Group.
In the quarter, segment EBITDA decreased $17 million, or 38%, compared to the prior year, driven by lower contribution from News Corp Australia. Adjusted segment EBITDA decreased 38%.
Closing digital subscribers at News Corp Australia as of June 30, 2024 were 1,117,000 (968,000 for news mastheads), compared to 1,059,000 (943,000 for news mastheads) in the prior year (Source: Internal data).
(amounts in US dollars)
The Guardian Australiaâs Amanda Meade writes in her Weekly Beast column today that The Australian gave a voluntary redundancy to its higher education editor Tim Dodd at the end of July. She also says that academics Graham Murdock (Loughborough University), Benedetta Brevini (New York University) and former ABC executive Michael Ward have written a new book, News Corp: Empire of Influence, which will be published in September.
The price of the Sunday Mail (SA) will increase to $4.50 from tomorrow, I assume the price of News Corpâs other Sunday papers will also increase tomorrow.
Thatâs why News Corpâs major metro papers have been promoting their new subscription offers on their respective homepages with a red banner such as this:
Not sure if this is the correct thread for it, but some tragic news that has come out of Melbourne this morning with the sudden passing of Herald Sun AFL journalist Sam Landsberger:
Devastating, what a shock, been around for many many years. A leading scribe too. Did a brilliant Olympics schedule summary on a daily basis online. Vale
On Fox Footyâs Midweek Tackle tonight, Herald Sunâs Jon Ralph, Jay Clark and Glenn McFarlane paid tribute to their colleague Sam Landsberger. The show didnât air as scheduled on Tuesday night due to the journalistâs shock death.
The Australianâs China correspondent Will Glasgow has returned to the country after nearly four years.
Years of meetings over tea with Chinese diplomats preceded my return. Then in May, to my surprise, came an invitation letter from the Chinese government. After that it was off to Canberra for discussions with the Australian government.
A fortnight ago, after receiving the final necessary green light, I flew into Beijing from Taipei to Âbecome the first journalist working for Australian media to be based here since August 2020. Following the clearing of a series of further Chinese bureaucratic hurdles, this week I was issued a foreign reporterâs press card â and with that little piece of plastic, Chinaâs almost four-year black-listing of Australian media came to an end.