The decision to focus its 2020 list on books that could perform well online, in nontraditional outlets, and in digital formats led to a 6% increase in operating profits at Quarto last year, while revenue declined 7%, to $126.9 million. Continue reading >> [ Source: Publishers Weekly | 2021-03-22 04:00:00 UTC ]
Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading >> [ Source: Publishers Weekly | 2020-08-06 04:00:00 UTC ]
The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading >> [ Source: Publishers Weekly | 2020-04-24 04:00:00 UTC ]
Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading >> [ Source: Publishers Weekly | 2019-11-12 05:00:00 UTC ]
The printing giant posted a sales decline of 17.9% in the third quarter, although excluding one-time items "organic sales" were down 9.3%. The company also lowered its forecast for sales and earnings for the full year. Continue reading >> [ Source: Publishers Weekly | 2019-11-07 05:00:00 UTC ]
First quarter earnings for the period ended September 30, rose 14% over the comparable quarter a year ago at HarperCollins, although revenue dropped 5%. Continue reading >> [ Source: Publishers Weekly | 2016-11-07 00:00:00 UTC ]
First quarter sales at Hachette Book Group USA fell 12.3% compared to the first first period of 2014. A decline in ebook sales was a major reason for the drop. Continue reading >> [ Source: Publishers Weekly | 2015-05-12 00:00:00 UTC ]
Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading >> [ Source: Editor & Publisher | 2014-07-25 00:00:00 UTC ]
Daily Mail publisher reports that website's ad revenues increased by 48% to £14m in the final three months of 2013Mail Online's ad revenues increased by almost 50% to £14m in the final three months of last year, more than offsetting a fall in print advertising to keep the Daily Mail titles in... Continue reading >> [ Source: The Guardian | 2014-02-05 00:00:00 UTC ]
Publisher DC Thomson has reported a decline in profits, blamed mainly on losses in its book... Continue reading >> [ Source: The Bookseller | 2014-01-02 00:00:00 UTC ]
Revenue fell in all three of Barnes & Noble’s operating groups for the second quarter ended October 26, 2013, but the retailer managed to post a 13.7% increase in EBITDA. Continue reading >> [ Source: Publishers Weekly | 2013-11-26 00:00:00 UTC ]
Random House parent company Bertelsmann reported this morning that profits at RH rose to 117 million euros from 113 million euros in the first half of 2012 despite a 3.4% sales decline to 915 million euros. Continue reading >> [ Source: Publishers Weekly | 2013-08-30 00:00:00 UTC ]
Written By: Lisa Campbell Publication Date: Thu, 14/07/2011 - 10:06 Revenues at Bertrams have fallen 7.5% on a like for like basis, its parent company Smiths News has said. In a trading statement for the 19 weeks to 9th July, Smiths News said like for like sales had been stronger in its most... Continue reading >> [ Source: The Bookseller | 2011-07-14 00:00:00 UTC ]