A Profitable Transition, So Far

With Random House reporting its results for 2010 last week, all five of the country's largest trade houses have now turned in their operating performances for last year. And those performances are encouraging, especially for an industry in the midst of a historic transition from print to digital. For all of the Sturm und Drang accompanying the change, publishing in 2010 was as profitable as it has ever been. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2011-04-04 00:00:00 UTC ]

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Creative Access to continue as non-profit social enterprise

Creative Access is to operate as a not-for-profit social enterprise from this month as a result of having its funding withdrawn from the government. Continue reading at The Bookseller

[ The Bookseller | 2017-03-08 00:00:00 UTC ]
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Profits Rose at Lagardere, HBG in 2016

Profits rose 5.0% at Lagardere Publishing in 2106 over 2015, helped by strict cost controls at Hachette Book Group USA which integrated the publishing arm of Perseus Books Group during the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-08 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

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 at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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Bruce Springsteen helps S&S UK profits increase

Simon & Schuster UK saw a marginal boost to profits in 2016, driven by Bruce Springsteen’s Born To Run and its children’s division. Continue reading at The Bookseller

[ The Bookseller | 2017-02-18 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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HarperCollins quarterly global profits up 32%

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[ The Bookseller | 2017-02-11 00:00:00 UTC ]
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Profits Jump at HarperCollins

Second quarter earnings rose 32% at HarperCollins,to $75 million, on a revenue gain of 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-09 00:00:00 UTC ]
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Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

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[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Stanfords returns profit for second time in 14 years

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[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Profits Rose by Double Digits at HBG

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[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace

Led by Bruce Springsteen's bestselling 'Born to Run,' S&S CEO Carolyn Reidy reports a profitable year at S&S and a "period of relative stability in the publishing marketplace.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
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Eason on track for second year of profit but warns on Brexit

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[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

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[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
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Thought Catalog CRO Alex Magnin on growing a profitable media business in 2016

Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday

[ Digiday | 2016-10-11 00:00:00 UTC ]
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The Book People 'is profitable again' says c.e.o

The Book People’s c.e.o Williams Wellesley said the retailer has “once again become profitable and successful” after its EBITDA increased by £4.3m in 2015. Continue reading at The Bookseller

[ The Bookseller | 2016-10-03 00:00:00 UTC ]
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PRH’S 2-Day Transit Shipping Program Returns

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[ Publishers Weekly | 2016-10-03 00:00:00 UTC ]
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