Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading >> [ Source: The Guardian | 2023-08-11 00:14:07 UTC ]
Profile Books has reported a "healthy" financial year for the 12 months to end of March 2020, with a turnover of £12.2m, up 7% on the previous year. Continue reading >> [ Source: The Bookseller | 2021-01-27 22:15:55 UTC ]
Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading >> [ Source: The Bookseller | 2021-01-08 08:40:13 UTC ]
New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading >> [ Source: The Bookseller | 2020-12-04 10:12:19 UTC ]
Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading >> [ Source: The Bookseller | 2020-07-30 15:46:19 UTC ]
Waterstones owners Elliott Advisors have approved a company-wide 4% bonus, following a "pretty good" financial year "driven above all by better book sales", according to m.d. James Daunt. Continue reading >> [ Source: The Bookseller | 2019-07-31 02:35:31 UTC ]
Denis O’Brien loses hundreds of millions in sale of Ireland’s biggest newspaper publisherIreland’s largest newspaper group has agreed to a takeover offer from the Belgian media group Mediahuis in a deal in which its largest shareholder, billionaire Denis O’Brien, will lose hundreds of millions... Continue reading >> [ Source: The Guardian | 2019-04-30 00:00:00 UTC ]
Revenues in Bloomsbury’s adult trade division soared by 22% in the first six months of the financial year. Continue reading >> [ Source: The Bookseller | 2018-10-24 00:00:00 UTC ]
W H Smith’s book sales fell 7% in the first six months of its financial year, but the retailer said it has seen some “encouraging results” for its new high street book offer for customers. Continue reading >> [ Source: The Bookseller | 2018-04-13 00:00:00 UTC ]
The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading >> [ Source: The Bookseller | 2017-10-25 00:00:00 UTC ]
Connect Books saw a 14.4% year-on-year rise in revenue for the first half of its financial year, driven by its wholesale and Wordery arm. Continue reading >> [ Source: The Bookseller | 2017-04-26 00:00:00 UTC ]
Blackwell’s losses deepened in its last financial year, with the move of one of its flagship campus shops in Manchester to a temporary venue a contributing factor. Continue reading >> [ Source: The Bookseller | 2017-03-18 00:00:00 UTC ]
Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading >> [ Source: The Guardian | 2017-02-22 00:00:00 UTC ]
Pottermore, the digital content company for J K Rowling's Harry Potter books, returned to growth in its last financial year as the firm’s decision to make its ebooks and audiobooks available via Amazon, Apple, Audible and others “really paid off”. Continue reading >> [ Source: The Bookseller | 2016-11-23 00:00:00 UTC ]
St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading >> [ Source: The Bookseller | 2016-04-27 00:00:00 UTC ]
Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year... Continue reading >> [ Source: The Guardian | 2016-02-19 00:00:00 UTC ]
Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014). Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading >> [ Source: The Bookseller | 2015-10-24 00:00:00 UTC ]
2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading >> [ Source: The Bookseller | 2015-03-11 00:00:00 UTC ]
A strong performance from HarperCollins and the acquisition of Harlequin has boosted parent company News Corp's quarterly results. Revenue for publisher's worldwide operation for the second quarter of the financial year, covering the three months to December 31st 2014, increased 20% from $391m... Continue reading >> [ Source: The Bookseller | 2015-02-07 00:00:00 UTC ]
Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading >> [ Source: The Bookseller | 2015-02-06 00:00:00 UTC ]