The website paidContent reported that a number of print giants will combine to form a “magazine consortium,” a move that could shape the future of digital publishing. According to paidContent, it “will be announced early next week with News Corp joining Conde Nast, Meredith, Hearst and Time Inc. … Each is investing in the new company, which plans to create a new digital newsstand, and each will have two members on the board.”
GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded publishing stocks hand-picked by our readers–including company name, symbol, current stock price, and price increase or decrease at week’s close.
-Name- -Symbol- -Last price- -Change-
The McGraw-Hill Co. MHP 31.93 1.87
Books-A-Million, Inc. BAMM 6.86 -0.18
Borders Group, Inc. BGP 1.16 0.05
Amazon.com, Inc. AMZN 137.58 -3.59
Barnes & Noble, Inc. BKS 21.61 0.02
Wiley John & Sons Inc. JW.A 38 0.35
Scholastic Corporation SCHL 25.74 0.93
News Corporation NWS 14.29 0.37
Google Inc. GOOG 585.01 -0.73
Apple Inc. AAPL 193.32 -3.16
Sony Corporation SNE 28.52 0.54