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Sales dropped 11% and profits plunged 54% in the quarter ended September 30 at HarperCollins. Much lower sales of print books through Amazon impacted the revenue decline, and higher costs across the board contributed to the profit drop. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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Overall digital sales at Penguin Random House are on a “positive path forward,” the company’s global c.e.o Markus Dohle has said in a letter to staff, despite the company’s first half results showing a decline due to lower ebook sales. Continue reading at 'The Bookseller'
[ The Bookseller | 2016-09-01 00:00:00 UTC ]
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Revenues for Simon and Schuster's global operations dropped 5.7% year on year in the second quarter of 2015, its parent company CBS has reported. The total for the quarter stood at $199m, a drop of $12m. However operating income was $25m, up 9% from $23m in the second quarter of 2014, with CBS... Continue reading at 'The Bookseller'
[ The Bookseller | 2015-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #7% year #operating income #revenue decline