Core Viewpoint - The Southern Finance Media Group has initiated a systematic transformation, launching an upgraded version 11.4 of its flagship mobile media app, 21 Finance, aiming to enhance user experience and establish itself as the leading financial news platform in China [1][23]. Content Upgrade - The 21 Finance app will aggregate high-quality news content, providing a one-stop platform for users [2]. - A new "G" channel will be launched alongside the app upgrade, focusing on international communication and enhancing existing key channels such as "Learning Economy," "Finance," "Company," "Securities," and "VIP" [3]. Video Content Expansion - The app will introduce a new "Economic Video" channel, integrating with the Economic Video client to increase the supply of news, creative, and commentary short videos, enhancing user engagement through immersive viewing experiences [4]. Product Launch and User-Centric Design - The Southern Finance Group will launch 28 key products, leveraging the "Finance First Terminal" resource advantages to enhance news product interconnectivity and expand outreach [5]. - The app will undergo a comprehensive redesign to improve interface layout and interaction design, focusing on user-centered experiences [5]. Aesthetic and Technological Upgrades - The visual aesthetics of the app will be upgraded to a "clear, bright, and grand" style, enhancing brand recognition and user experience [9][11]. - The app will embrace new information technologies such as big data, cloud computing, and artificial intelligence, introducing features like AI content summarization, translation, voice, and commentary [12]. Speed and Timeliness of Information - The app will enhance the speed of financial news delivery, expanding coverage and promptly interpreting policy directions and corporate announcements [14]. - The "Finance News" feature will provide real-time updates 24/7, ensuring users receive the latest financial developments instantly [14]. Investment Channel and User Engagement - A new "Investment" channel will be launched, aggregating investment research, market insights, and early notifications for users to seize market opportunities [18]. - The Southern Finance Group will initiate a "User Partner Program" to co-create content ecosystems with individual and institutional users, enhancing engagement and service offerings [19]. Collaboration and Content Creation - The app will connect with over 3,000 creators on the Southern Finance platform, fostering collaborative content creation and enhancing the "PGC+UGC" content ecosystem [21]. - The VIP channel will be upgraded to provide exclusive research reports, expert courses, and insights from top analysts, enhancing the service system for VIP users [21].

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Insights - The New York Times Company has entered into a multiyear licensing agreement with Amazon focused on artificial intelligence, aiming to enhance the accessibility of NYT content across Amazon's platforms [1][2] - The agreement includes licensing of NYT editorial content, NYT Cooking, and The Athletic for AI-related applications, such as real-time summaries and excerpts displayed within Amazon products [2][3] - This partnership reflects a shared commitment to delivering global news and perspectives through Amazon's AI products, coinciding with Amazon's strategy to integrate AI into its shopping experience [3] Group 1 - The collaboration will make The New York Times's original content more accessible to customers across Amazon products and services, including direct links to Times products [3] - Amazon is rapidly incorporating AI to improve the shopping journey, including testing AI-generated audio summaries for products in its mobile app [4] - The strategy aims to create a more passive, streamlined, and personalized shopping experience, keeping users within Amazon's ecosystem [4] Group 2 - Despite advancements, not all AI initiatives have been successful for Amazon, as evidenced by a failed partnership with Stellantis to develop in-car software [5]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain An East Bay Democrat in the state Legislature announced the details on May 21 of a hard-fought partnership between California and Google to kick financial assistance toward the state's news media, an industry that shrunk dramatically in the digital age. But critics, including a former state s ...

Core Points - CBS News CEO Wendy McMahon announced her resignation amid tensions with Paramount Global's controlling shareholder Shari Redstone [1][2] - The decision for McMahon to step down followed discussions with Paramount Global co-CEO George Cheeks, who requested her resignation [2] - McMahon's resignation letter indicated a fundamental disagreement on the company's future direction [3] Company Dynamics - Paramount Global's board has increased pressure on executives regarding the programming details of "60 Minutes," which deviates from past practices [4] - The resignation of veteran "60 Minutes" executive producer Bill Owens was attributed to heightened scrutiny over journalistic independence [4][5] - McMahon faced challenges in ensuring "60 Minutes" aired certain stories due to board preferences [5] Leadership Tensions - Tensions between McMahon and Redstone included disagreements over CBS's coverage of sensitive topics like the Israeli-Palestinian conflict [7] - Redstone has expressed dissatisfaction with McMahon's leadership and CBS News's business performance [8]

Core Insights - Lee Enterprises, Inc. is hosting a "Draw Off" event series featuring editorial cartoonists Phil Hands and Adam Zyglis alongside D.J. Coffman from VeeFriends, aimed at blending local news with a broader digital audience through creativity and storytelling [1][3][4] Event Details - The events will be streamed live on Facebook, with the first session on May 20, 2025, featuring Phil Hands, and the second on May 22, 2025, featuring Adam Zyglis [2][4] - Each session will last one hour, allowing viewers to engage by commenting and voting while the cartoonists create new sketches in real time [2][3] Company Background - Lee Enterprises serves 72 markets across 25 states, focusing on quality journalism and digital innovation to provide valuable content and advertising solutions [5] - VeeFriends is an entertainment company that creates a universe of over 250 characters, promoting storytelling and community-driven experiences [6]

Financial Data and Key Metrics Changes - Net income from continuing operations increased by 67% to $107 million in the third quarter compared to the prior year, while revenues were $2 billion, up 1% year over year despite currency headwinds [6][24] - Total segment EBITDA rose 12%, with overall margin expanding from 13% to 14.4% [6][24] - Adjusted revenues increased by 2%, and adjusted total segment EBITDA grew by 15% [7][24] - Reported EPS from continuing operations doubled to $0.14, while adjusted EPS was $0.17 compared to $0.13 a year ago [7][24] Business Line Data and Key Metrics Changes - **Dow Jones**: Revenue grew by 6% to $575 million, with digital revenue accounting for 82% of total segment revenues [25][26] - **Digital Real Estate**: Revenues increased by 5% to $406 million, with segment EBITDA up 19% [28] - **Book Publishing**: Revenue rose by 2% to $514 million, with EBITDA increasing by 3% [33] - **News Media**: Revenue decreased by 8% to $514 million, but EBITDA grew by 22% due to cost-saving initiatives [34] Market Data and Key Metrics Changes - Dow Jones digital circulation revenue expanded by 14%, marking the fastest growth rate in almost three years, with total consumer subscriptions surpassing 6 million [11][25] - REA maintained a significant audience lead with nearly four times as many average monthly visits as Domain [14] - News Corp Australia's digital subscriptions reached 1.1 million, with news.com.au achieving 292 million page views per month [18] Company Strategy and Development Direction - The company is focusing on three core pillars for growth: Dow Jones, digital real estate, and book publishing, following the sale of Foxtel [7][22] - Continuous exploration of structural options to maximize shareholder returns is emphasized, with a commitment to quality journalism amid political challenges [9][62] - The company aims to enhance its digital offerings and capitalize on the growth of AI while protecting its intellectual property [10][19] Management's Comments on Operating Environment and Future Outlook - Management believes the current political turbulence is temporary and anticipates robust growth potential in the U.S. economy [5][6] - The company is monitoring economic trends closely and expects the direct impact of tariffs to be immaterial [22] - Future growth is expected to be driven by the professional information business and ongoing cost discipline [35][36] Other Important Information - The sale of Foxtel resulted in a significant reduction of debt on the balance sheet and provided cash for shareholder returns [7][8] - The company has been upgraded to investment grade by Moody's and S&P, enhancing its financial flexibility [8][53] Q&A Session Summary Question: Insights on Dow Jones business investment for the fourth quarter - Management indicated no significant increase in investment, focusing on both consumer and professional information business growth [40][41] Question: Impact of Factiva dispute on margins and future expectations - A smaller impact from the Factiva dispute is expected in the fourth quarter, with ongoing margin expansion anticipated as the professional information business grows [45][48] Question: Capital allocation strategy and potential M&A opportunities - The company is focused on its three core pillars for potential acquisitions and will not overpay for businesses, emphasizing shareholder value [52][53] Question: Simplification of the company structure - Management highlighted the Foxtel deal as an example of their willingness to make significant structural decisions to enhance shareholder value [61][62] Question: Progress on Dow Jones subscriber pricing strategy - The strategy to convert promotional pricing to higher-paying plans is proceeding well, with a 7% increase in total subscriptions driven by digital growth [65][66] Question: Churn impact from moving customers to non-promotional plans - Management is learning about price elasticity and aims to reduce churn while maximizing revenue through advanced AI tools [70]

News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Welcome to the News Corp's Third Quarter Fiscal twenty twenty five earnings conference call. Today's conference is being recorded. Media will be allowed on a listen only basis. At this time, I'd like to turn the conference over to Michael Floren, senior vice president and head of investor relations. Please go ahead. Speaker1 Thank you very much, operator. Hello, everyone, and welcome to News Corp's fiscal third quarter two thousand twenty fi ...

Core Insights - Thomson Reuters reported $1.9 billion in revenue for Q1 2025, a year-over-year increase of 0.8%, with an EPS of $1.12 compared to $1.11 a year ago, indicating a slight growth in earnings [1] - The revenue fell short of the Zacks Consensus Estimate of $1.92 billion by 0.95%, while the EPS exceeded the consensus estimate of $1.06 by 5.66% [1] Revenue Performance - Legal Professionals revenue was $693 million, below the average estimate of $696.75 million, reflecting a year-over-year decline of 3.9% [4] - Tax & Accounting Professionals revenue reached $360 million, surpassing the average estimate of $366.88 million, with a year-over-year increase of 9.8% [4] - Global Print revenue was $116 million, below the average estimate of $119.85 million, showing a year-over-year decrease of 6.5% [4] - Corporates revenue was $541 million, slightly below the average estimate of $553.36 million, with a year-over-year increase of 6.7% [4] - Reuters News revenue was $196 million, exceeding the average estimate of $186.80 million, but down 6.7% year-over-year [4] - Eliminations reported a loss of $6 million, slightly worse than the estimated loss of $5 million, but improved by 20% year-over-year [4] Adjusted EBITDA Analysis - Adjusted EBITDA for Legal Professionals was $336 million, exceeding the average estimate of $327.02 million [4] - Adjusted EBITDA for Corporates was $213 million, above the average estimate of $202.65 million [4] - Adjusted EBITDA for Corporate costs was -$33 million, worse than the average estimate of -$31.28 million [4] - Adjusted EBITDA for Reuters News was $39 million, surpassing the average estimate of $36 million [4] - Adjusted EBITDA for Global Print was $44 million, in line with the average estimate of $44.23 million [4] - Adjusted EBITDA for Tax & Accounting Professionals was $210 million, exceeding the average estimate of $197.30 million [4] Stock Performance - Thomson Reuters shares returned +6% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

WASHINGTON, April 30, 2025 /PRNewswire/ -- Scripps News, the national news streaming channel owned by The E.W. Scripps Company (NASDAQ: SSP), received three National Headliner Awards and two Deadline Club finalist nominations."These recognitions underscore the significance and relevance of the reporting by our Scripps News team, which is committed to delivering impactful journalism that informs and connects our audiences," said Matt Simon, vice president of Scripps News. "Their dedication to uncovering vita ...