Latest news with #NickPapps
Sydney Morning Herald
2 days ago
- Business
- Sydney Morning Herald
News Corp's local papers bleed subscribers, compounding revenue struggles
Three of News Corp's top daily Australian tabloids lost subscribers across the 2025 financial year, contributing to the company's poor local results reported on Wednesday. The Herald Sun, The Courier Mail in Brisbane and Adelaide's The Advertiser all suffered paid-subscriber losses, while national masthead The Australian was the only paper to grow in successive years, according to new overnight corporate filings. The local numbers contrast with the company's decision to launch a new state-based print product based in Los Angeles, The California Post, which will be led by the Herald Sun 's weekend editor, Nick Papps, despite helping oversee subscriber losses across the year. The Herald Sun remains News Corp's largest state-based tabloid, despite losing 1 per cent of its customers, dropping to 153,983 paying subscribers across both print and digital. It was joined by The Advertiser, which lost 2 per cent of its customers, dropping to 106,969, and The Courier Mail, which also lost 1 per cent, dropping to 144,044, despite being the only print publication in Brisbane. The Australian continues to grow, now with 335,903 subscribers, up 4 per cent, while Sydney-based The Daily Telegraph was the only major city tabloid to grow its subscriber base after losses last year, jumping nearly 5 per cent to 151,336. However, it still has fewer paying subscribers compared with two years ago. News Corp posted a strong financial result on Wednesday, impressing shareholders with record profits despite continuing negative revenue trends in Australia. Revenue from circulation, subscriptions and advertising suffered, part of a long-term trend. News Corp will hope its cost-cutting measures in 2024 has improved its local financial fitness, with its 2024 finances, posted in late last year to Australia's corporate regulator showing a net loss of $43.3 million after tax, compared with a $17.9 million profit the year prior.
The Age
2 days ago
- Business
- The Age
News Corp's local papers bleed subscribers, compounding revenue struggles
Three of News Corp's top daily Australian tabloids lost subscribers across the 2025 financial year, contributing to the company's poor local results reported on Wednesday. The Herald Sun, The Courier Mail in Brisbane and Adelaide's The Advertiser all suffered paid-subscriber losses, while national masthead The Australian was the only paper to grow in successive years, according to new overnight corporate filings. The local numbers contrast with the company's decision to launch a new state-based print product based in Los Angeles, The California Post, which will be led by the Herald Sun 's weekend editor, Nick Papps, despite helping oversee subscriber losses across the year. The Herald Sun remains News Corp's largest state-based tabloid, despite losing 1 per cent of its customers, dropping to 153,983 paying subscribers across both print and digital. It was joined by The Advertiser, which lost 2 per cent of its customers, dropping to 106,969, and The Courier Mail, which also lost 1 per cent, dropping to 144,044, despite being the only print publication in Brisbane. The Australian continues to grow, now with 335,903 subscribers, up 4 per cent, while Sydney-based The Daily Telegraph was the only major city tabloid to grow its subscriber base after losses last year, jumping nearly 5 per cent to 151,336. However, it still has fewer paying subscribers compared with two years ago. News Corp posted a strong financial result on Wednesday, impressing shareholders with record profits despite continuing negative revenue trends in Australia. Revenue from circulation, subscriptions and advertising suffered, part of a long-term trend. News Corp will hope its cost-cutting measures in 2024 has improved its local financial fitness, with its 2024 finances, posted in late last year to Australia's corporate regulator showing a net loss of $43.3 million after tax, compared with a $17.9 million profit the year prior.
The Australian
4 days ago
- Business
- The Australian
California Post launches with Herald Sun's Nick Papps as inaugural editor
Veteran News Corp Australia journalist Nick Papps has been appointed inaugural editor of The California Post – a soon-to-launch sister publication to the famed New York Post. In a statement released on Tuesday morning local time, the New York Post Media Group heralded the new media venture, with its content to appear across multiple platforms and formats, including mobile and desktop sites, video, audio, social media and a daily print edition. It will launch in early 2026. 'Now more than ever, Californians need a media outlet dedicated to common sense, clever coverage of the most important issues, many of which are ignored or dismissed by current print and digital outlets,' the statement read. 'Despite its vibrancy – as well as the upcoming Olympic Games and World Cup – California lacks a voice that will hold leaders to account as they attempt to tackle the most critical issues facing residents. 'In fact, Los Angeles is fast becoming a news desert, despite being home to nearly 13 million monthly digital newsreaders. Thousands of stories are going untold and countless perspectives aren't being represented by a media ecosystem that has lost touch with the people – especially as the city and state face unprecedented challenges and leadership vacuums.' Papps, to be the new Los Angeles-based masthead's inaugural editor, is currently weekend editor of the Herald Sun. News Corp Australasia executive chairman Michael Miller described Papps as a 'talented' editor. 'Nick has built a great editorial career since starting out as a cadet reporter in Adelaide in 1992, and he has excelled in senior reporting and editing assignments in multiple cities,' Mr Miller said. 'Importantly for his new role, one of those cities is LA, where Nick was a correspondent for our Australian mastheads from 2004 to 2006, so he is returning to a town he knows and loves.' News Corp chief executive Robert Thomson said the Californian market is currently 'starved' of serious reporting. 'Los Angeles and California surely need a daily dose of the Post as an antidote to the jaundiced, jaded journalism that has sadly proliferated,' Mr Thomson said. 'We are at a pivotal moment for the city and the state, and there is no doubt that the Post will play a crucial role in engaging and enlightening readers, who are starved of serious reporting and puckish wit. 'I am also pleased that (New York Post editor-in-chief) Keith Poole's remit is expanding, as he will now be responsible for covering not just New York, but California, the US, the world and, perhaps, Mars.' The California Post will operate as a separate entity under the New York Post Media Group, a subsidiary of News Corp, publisher of The Australian. Read related topics: News Corporation James Madden has worked for The Australian for over 20 years. As a reporter, he covered courts, crime and politics in Sydney and Melbourne. James was previously Sydney chief of staff, deputy national chief of staff and national chief of staff, and was appointed media editor in 2021. The Wall Street Journal The US President lavished praise on Sydney Sweeney's ad campaign for the jeans maker after a reporter informed him the actor is a registered Republican. Television There was no politics, no grandstanding, just Jimmy Barnes belting out a banger, Irene reigning supreme, Sharon's success being lauded and Sam Pang's spicy and self-deprecating side notes.
The Guardian
5 days ago
- Business
- The Guardian
New York Post to launch a version of the rightwing tabloid in California in 2026
News Corp, part of the Murdoch family media empire, has announced it will bring a version of the brash rightwing New York City tabloid the New York Post to California in early 2026 with the launch of a daily Los Angeles-based newspaper called the California Post. According to New York Post Media Group – a News Corp subsidiary and home of New York's biggest tabloid, as well as Page Six, and Decider – the California Post will look and feel similar to its New York counterpart, delivering reporting, sports coverage and celebrity gossip from a California perspective. It will have a team of editors, reporters and photographers based in the state, and its content will live across a new set of dedicated digital channels and a daily print newspaper that will echo the New York Post's signature cover style. News Corp veteran Nick Papps, a longtime editor at the corporation's Australian operation, has been named editor-in-chief of the California Post, reporting to Keith Poole, the New York Post's editor-in-chief. 'California is the most populous state in the country, and is the epicenter of entertainment, the AI revolution and advanced manufacturing – not to mention a sports powerhouse,' Poole said in a statement. 'Yet many stories are not being told, and many viewpoints are not being represented.' It comes at a trying time for news outlets in the Los Angeles area. The storied Los Angeles Times, the state's biggest paper and once one of the most influential regional outlets in the US, lost more than 20% of its newsroom last January, months after laying off 74 staffers amid advertising declines in 2023. On top of losing tens of millions of dollars a year, it also suffered controversy and subscription losses after its owner blocked an endorsement of Kamala Harris in last year's election. One of Rupert Murdoch's flagship papers, the New York Post, meanwhile, has remained profitable, and already has a large and established readership in California. The Los Angeles area is home to the second-largest concentration of Post readers, according to News Corp, and the vast majority (90%) of the Post's digital readership lives outside of New York. It comes at a critical time for a US state very much on the dual frontlines of the climate crisis, with extreme weather driving ever more common and increasingly devastating wildfires and a huge rebuilding effort needed after January's fires in the Los Angeles area, and the Trump administration's aggressive anti-immigrant agenda. The launch of the California Post has also been timed to coincide with a high-profile period for the Bay Area and LA with elections due to be held in 2026, including for California governor, and the state set to host matches during next year's Fifa World Cup, and LA to host the Summer Olympics in 2028. 'Los Angeles and California surely need a daily dose of The Post as an antidote to the jaundiced, jaded journalism that has sadly proliferated,' said Robert Thomson, News Corp CEO. 'We are at a pivotal moment for the city and the state, and there is no doubt that The Post will play a crucial role in engaging and enlightening readers, who are starved of serious reporting and puckish wit.'
Washington Post
5 days ago
- Business
- Washington Post
The New York Post is launching a California edition. Why?
Starting a new newspaper? In 2025? Apparently. Rupert Murdoch's New York Post Media Group announced plans Monday for a dedicated California newspaper edition called the California Post that will launch early next year. The paper will have an office in Los Angeles and a dedicated staff of editors, reporters and photographers. It will produce a distinct daily print newspaper, in addition to the usual slate of digital and social media offerings. To helm the publication, the company is bringing over Nick Papps, currently an editor for a Murdoch-owned outlet in Australia.
