News Corp publishing revenue plummets
While the overall second-quarter news at News Corp was positive thanks to TV, cable and movie revenue, its publishing segment dollars looked dismal. The UK phone-hacking scandal played a significant factor in the revenue loss in the media group’s publishing empire. However, publishing revenue as a whole, which includes Dow Jones and Harper Collins divisions and newspapers such as New York Post, Herald Sun in Australia, Post-Courier in New Guinea, and its tablet-only The Daily, plummeted 43 percent. To pay attorneys and settlement and other fees related to closure of News of the World and resolution of the hacking charges cost News Corp $104 million.
News Corp revenue grew 2 percent year-over-year for the quarter. Here’s a PDF of the complete earnings release.
Former Adicio VP joins RealMatch
Terry Baker, who spent more than six years at Adicio, is now chief revenue officer for competitor RealMatch, publisher of The Job Network. He announced his appointment in a note today:
“I’m pleased to announce that the vision I’ve pursued at Amped Market Place Inc. to help digital media companies amplify their recruitment business is being “AMPed” through a partnership with RealMatch, Inc….The interests of AMP have merged with RealMatch and I have joined them as their Chief Revenue Officer.”
… whatever that means. Good grief. And we’ve tried calling him a couple of times without success.
Baker served as VP at Hire.com before he joined Adicio. He’s also worked with Madgex, a UK-based competitor to Adicio and RealMatch. He started Amped in August 2010; it’s not clear whether he’s shutting it down, incorporating it into his work with RealMatch, or planning to operate it as a separate company.
For more on what each firm offers for hiring managers, publishers and candidates, read the AIM Group’s Recruitment advertising 2012: “Social 2.0″ (CIR 12.23, Dec. 15, 2011)
Zillow Mortgage Marketplace app now for Android
Zillow Launches Mortgage Marketplace Android App
Only Mortgage App to Offer Personalized Loan Quotes, Real-Time Rates and Mortgage Calculators in One Place
SEATTLE, Feb. 8, 2012 /PRNewswire/ — Zillow® (NASDAQ: Z), the leading real estate information marketplace, today announced the launch of the free Zillow Mortgage Marketplace Android™ App giving home shoppers on-the-go access to the innovative loan shopping experience of Zillow Mortgage Marketplace. Also available for the iPhone®, Zillow Mortgage Marketplace is the only mobile app with personalized loan quotes, lender ratings, real-time rates and mortgage calculators all in one place.
“Since we brought Zillow Mortgage Marketplace to mobile in June 2011, the Zillow Mortgage Marketplace app financial calculators have been used more than 1.5 million times, proving people want access to mortgage and financing information when they are out looking at homes,” said Erin Lantz, director of Zillow Mortgage Marketplace. “With the Android app, we were able to take advantage of the unique menu functionality that enables users to easily share information, such as mortgage rates and loan quotes, from every page.” Continue reading
Chinese investment in RealEstateCommercial.com.au
One of Australia’s smaller niche players in the online commercial real estate space, RealEstateCommercial.com.au, have announced they have received investment from a Chinese company which has taken a small shareholding in the business. Continue reading
App Economy spurs 466k new US jobs
Here’s a PDF of the complete study, Where The Jobs Are: The App Economy, researched and produced by South Mountain Economics, LLC.
