#8% decline

Publishing news tagged with #8% decline


Profits Fell 11% at Penguin Random House in 2022

Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million. Continue reading >>
[ Source: Publishers Weekly | 2023-03-30 04:00:00 UTC ]

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Restructuring, Covid-19 Leads to Huge HMH Loss

Restructuring charges and the global pandemic took a toll on Houghton Mifflin Harcourt in 2020, as the company reported a 25.8% decline in revenue in the year and a net loss of $480 million, compared to a loss of $213.8 million in 2019. HMH's trade division, which is for sale, had a 6% sales gain. Continue reading >>
[ Source: Publishers Weekly | 2021-02-25 05:00:00 UTC ]

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HarperCollins sales down 2% in third quarter

Global revenues at HarperCollins fell 2% year on year for the three months ending 31st March while parent firm News Corp reported an 8% decline over the same period. Continue reading >>
[ Source: The Bookseller | 2020-05-10 13:25:40 UTC ]

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Big Drop in E-book Sales Led to Soft 2014 at HBG

A stronger publishing lineup in 2013 and problems caused by the standoff with Amazon over sales terms resulted in a 4.8% decline in sales for the year at Hachette Book Group USA. Continue reading >>
[ Source: Publishers Weekly | 2015-02-10 00:00:00 UTC ]

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Scholastic Cuts Loss Despite Sales Drop

Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8% decline in total sales at Scholastic for the first quarter ended August 31. Continue reading >>
[ Source: Publishers Weekly | 2013-09-19 00:00:00 UTC ]

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