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Three of the Big Five publishers struggled in the first nine months of 2023, according to recent financial results, as the industry coped with sagging sales and rising costs. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2023-11-10 05:00:00 UTC ]
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The quest for greater automation and greener solutions is propelling the Hong Kong and China print manufacturers forward even as they face down rising costs, slow incoming new orders amid excess client-side inventories, and macroeconomic factors beyond their control. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2023-07-21 04:00:00 UTC ]
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Hachette Book Group and HarperCollins are both offering voluntary severance packages to some of their employees. The decisions come as publishers confront a difficult retail environment and rising costs associated with inflation and other economic factors. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2023-03-07 05:00:00 UTC ]
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Faced with slowing industry sales and rising costs, HarperCollins has eliminated what it called a "small number" of positions, and instituted a number of other measures in a bid to "operate as efficiently as possible," CEO Brian Murray announced to employees on October 13. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2022-10-13 04:00:00 UTC ]
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Scholastic reported higher sales and a smaller loss in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021, and while it said business is improving, it did point to some “headwinds” which all publishers are facing: rising costs and disruptions in the supply chain. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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