Conde Nast Shakes Up Leadership, Names Wintour Chief Content Officer (mediapost.com)

As part of its ongoing commitment to return value to shareholders, L Brands, Inc. announced that its Board of Directors has authorized a new $250 million share repurchase program, which includes $10.3 million remaining under its previous $250 million share repurchase program.

Thomson Reuters, a global content and technology company, proudly announces that its Core Publishing Solutions book manufacturing and fulfilment business, part of the Global Print segment, has been honored with Printing Impressions’ 2024 Innovator of the Year Award. This prestigious recognition showcases Core Publishing Solutions’ successful transformation from a legacy book manufacturer into a cutting-edge printing and fulfilment leader. For over 150 years, Thomson Reuters has served as a powerhouse in publishing and manufacturing books for the legal and tax sectors. However, as customer preference evolved towards digital media, Core Publishing Solutions strategically embarked on a reinvention. The transformation of its 1.3 million-square-foot facility in Eagan, Minnesota, into a modern book manufacturing, warehousing, custom kitting, and fulfillment leader is a testament to this evolution.

Commenting on the results, Nigel Newton, Chief Executive, said: “Bloomsbury experienced excellent trading in the first half with year-on-year profit growth of 60% to £4.0 million. This has delivered our highest first half earnings since 2008 and exceeded the Board’s expectations. Online book sales and e-book revenues were significantly higher. The Consumer division had an excellent performance with 17% revenue growth and a £2.1 million increase in profit before tax and highlighted items to £2.7 million. Stand-out bestsellers during the period included Why I’m No Longer Talking to White People about Race, Crescent City: House of Earth and Blood, White Rage, Humankind and Such A Fun Age. In the Non-Consumer division, our strategy of developing online academic resources, conceived five years ago, meant we were well placed to benefit from the accelerated shift by academic institutions to digital products to support remote learning. We saw 47% growth in sales of Bloomsbury Digital Resources as a result.