Core Insights - Gannett Co., Inc. has launched DeeperDive, an industry-first Generative AI answer engine developed by Taboola, now fully implemented on USA TODAY, reaching over 195 million monthly unique visitors [1][2] - DeeperDive aims to enhance user engagement by providing AI-generated responses enriched with relevant stories and context, addressing the challenges posed by traditional AI search engines [2][3] - The partnership with Taboola is expected to drive stronger advertising CPMs and create new revenue channels through curated ads and increased reader engagement [2][3] Company Overview - Gannett Co., Inc. is a diversified media company focused on empowering communities through trusted journalism and digital marketing solutions, reaching approximately 140 million monthly unique visitors [5][7] - USA TODAY, a cornerstone of the national media landscape since 1982, serves as the foundation for Gannett's newsroom network, delivering high-quality content to an audience of about 73 million unique visitors each month [6][7] - Taboola specializes in performance advertising technology, reaching approximately 600 million daily active users and partnering with major publishers to enhance audience engagement and revenue [8]

(Bloomberg) -- Lynn Forester de Rothschild is exploring a sale of a significant minority stake in The Economist Group, marking the first ownership shake-up in a decade at the 182-year-old magazine read by both the political and business elite. A sale process for around 20% in voting shares could kick off in the coming weeks and fetch about £200 million ($271 million) to £400 million, according to people familiar with the matter, who asked not to be identified because discussions are private. Forester de R ...

Core Viewpoint - The article highlights the challenges faced by Xinhua Bookstore due to declining school-age population and strict educational policies affecting the supplementary education materials market, leading to a significant drop in revenue and profit for the company in 2024 [1][9]. Group 1: Revenue and Profit Decline - In 2024, Xinhua Bookstore's revenue was 137.165 billion yuan, and net profit was 10.741 billion yuan, marking the first occurrence of both revenue and profit decline in recent years, with a revenue drop of 5.1% and a profit drop of 27.25% [1][9]. - The decline in revenue is attributed to the reduction in the sales of educational materials due to a decrease in school-age population and changes in educational policies [3][4]. Group 2: Impact of Educational Policies - The Ministry of Education's new policies, which include strict regulations on the subscription of supplementary educational materials, are expected to further pressure the sales of Xinhua Bookstore's educational products [4][7]. - The educational policy changes have led to a significant decrease in the sales of supplementary materials, with companies like Longban Media and Urban Media reporting revenue declines of 24% and 21.4%, respectively, due to these factors [3][4]. Group 3: Shift in Sales Channels - There is a notable shift from traditional sales channels to online platforms, with Xinhua Bookstore exploring live streaming and e-commerce to adapt to changing consumer behavior [16][17]. - The retail market for supplementary educational materials is expanding, with a reported 18.73% increase in retail sales in 2024, indicating a transition from school subscriptions to retail purchases by parents [12][16]. Group 4: Future Strategies - Xinhua Bookstore is compelled to innovate its sales strategies, including the establishment of new media teams and the exploration of various online platforms to enhance its market presence [17][19]. - Despite the challenges, there is an acknowledgment that the demand for educational materials remains, but the sales channels are evolving, necessitating a strategic pivot for Xinhua Bookstore [12][19].

Core Points - Anthropic has proposed a $1.5 billion settlement to compensate authors for illegally acquired pirated books, covering approximately 500,000 titles with a payout of $3,000 per work [1][2] - If finalized, this would represent the largest publicly reported copyright payout in U.S. history, setting a precedent for other AI-related cases against major companies like OpenAI, Meta, Microsoft, and Apple [2] - The deal is currently under scrutiny, with Judge William Alsup stating that the proposal is incomplete and requiring a detailed process for fund distribution before any payments can be made [4][5] Industry Implications - The traditional publishing industry faces complexities in rights ownership, as multiple parties may have claims to the works, complicating the distribution of the settlement funds [5] - The judge's ruling has created a mixed response within the industry, as it allows for fair use of lawfully obtained books while keeping authors' claims regarding illegally acquired datasets active [7] - The settlement process is expected to be lengthy and complicated, with no immediate payouts anticipated for authors [6]

Group 1 - The article does not provide specific insights or data regarding the supermarket industry or any particular company [1]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Scholastic (SCHL) despite an increase in revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Scholastic is expected to report a quarterly loss of $2.45 per share, reflecting a year-over-year change of -15% [3]. - Revenues are projected to be $238.91 million, which is a 0.7% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.97% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Scholastic is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.02% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [9][10]. - Scholastic currently holds a Zacks Rank of 5, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Scholastic was expected to post earnings of $0.85 per share but delivered $0.87, resulting in a surprise of +2.35% [13]. - Over the past four quarters, Scholastic has beaten consensus EPS estimates three times [14]. Conclusion - Scholastic does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].

Group 1 - Educational Development Corporation (EDC) will host its Fiscal Year 2026 Second Quarter Earnings Call on October 9, 2025, at 3:30 PM CT (4:30 PM ET) [2][3] - The earnings call will feature presentations from key executives including the CEO, Chief Sales and Marketing Officer, and Chief Financial Officer, followed by a Q&A session [3] - Participants can join the call via phone at (800) 717-1738 with Conference ID 43999, and audio replays will be available post-event [3] Group 2 - EDC specializes in publishing children's books and owns brands such as Kane Miller Books, Learning Wrap-Ups, and SmartLab Toys [4] - The company is the exclusive U.S. distributor for Usborne Publishing Limited's children's books, with products sold through 4,000 retail outlets and independent brand partners [4]

India's iconic Parsi magazine to shut after 60 years https://t.co/sU5XQTElhJ ...

Company Overview - Scholastic Corporation has been a leader in children's publishing for over 100 years, focusing on literacy and educational content [1] - The company operates globally, reaching over 135 countries, and is the largest publisher and distributor of children's books through various channels [1] Earnings Announcement - Scholastic will release its first quarter fiscal year 2026 earnings on September 18, 2025, at 4:00 PM ET [2] - A conference call will follow at 4:30 PM ET, hosted by the President and CEO, Peter Warwick, and CFO, Haji Glover [2] - Participants are encouraged to join the call five minutes early to avoid delays [2] Access to Information - The earnings release will be available on the company's investor relations website [2] - An archived webcast and audio replay of the conference call will also be accessible shortly after the live event [2]

Financial Data and Key Metrics Changes - Adjusted revenue grew by 1% and adjusted EPS rose by 2%, while adjusted EBITDA decreased by 3% [34][46] - Free cash flow was a use of $100 million, an improvement from a use of $107 million last year [43] - The net debt to EBITDA ratio improved to 1.9 compared to 2.0 in the prior year period [45] Business Line Data and Key Metrics Changes - Research segment delivered solid 5% growth driven by AI demand, with AI licensing revenue reaching $29 million, up from $17 million in the prior year [38][13] - Research Publishing declined by 1% due to a tough comp, but Gold Open Access revenue grew by double digits [40][12] - Learning revenue declined by 8% due to lower AI revenue and market-related softness in professional publishing [40] Market Data and Key Metrics Changes - The academic market remains steady, with no early signals of enrollment challenges [18] - Professional publishing faced market headwinds around consumer spending in the retail channel [18] - Strong Open Access growth is expected to continue, driven by accelerating demand and output worldwide [17] Company Strategy and Development Direction - The company is focusing on leading in research and driving above-market growth in submissions and output [10] - A key strategic partnership with Anthropic was announced to integrate institutional library subscriptions into AI tools [7] - The company aims to capture transformational opportunities in AI, with a focus on corporate R&D markets [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the full-year outlook, driven by research trends and AI momentum [17] - The company is monitoring corporate spending trends and expects cost savings to ramp up in Q2 [18][43] - Management noted that the first quarter is seasonally the smallest and does not reflect the overall year performance [75] Other Important Information - The company increased its annual dividend for the thirty-second consecutive year [7] - A $250 million share repurchase authorization was approved, a 25% increase over the previous program [8] - The company received approximately $120 million in cash proceeds from a divestiture, which was used to reduce debt [46] Q&A Session Summary Question: Can you provide more color regarding the agreement with Anthropic? - The partnership focuses on integrating high-quality content into research and learning tools for students [56][58] Question: Does the agreement change the way you plan to invest in AI-related opportunities? - The vision is to integrate Wiley's content with AI tools, with many more projects in the pipeline [61][62] Question: How much of the $16 million revenue related to NEXUS is Wiley's content versus outside content? - The total deal size was $20 million, reflecting a blend of Wiley content and partner content [70] Question: Where are we for journal renewals in calendar 2025? - The outlook for renewals is positive, with no concerns noted so far [72][73] Question: What is the impact of the higher Nexus-related revenue on fiscal 2026 margin outlook? - The impact is considered de minimis, as the focus remains on the profitability of the core business [90] Question: What are the priorities for capital allocation? - The company maintains a disciplined approach, focusing on dividends, share buybacks, and debt reduction [92][93]