Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Amazon sale drops the price of a Kindle to $60

Need an e-reader to get through pandemic lockdowns? Now’s a good time to get one. Amazon is running a sale on the standard Kindle that drops the price of the Special Offers version to $60, or $30 below its usual price. That’s similar to historic lows... Continue reading at Engadget

[ Engadget | 2020-05-25 15:30:13 UTC ]
More news stories like this | News stories tagged with: #kindle #historic lows #good time


Amazon's Kindle and Kindle Paperwhite drop back to all-time low prices

Amazon's latest Kindle and Kindle Paperwhite are back down to their lowest prices since Black Friday. The newest Kindle Paperwhite is now $85, instead of the usual $130, while the latest standard Kindle is $60, instead of the usual list price of $90.... Continue reading at Engadget

[ Engadget | 2020-03-02 13:55:00 UTC ]
More news stories like this | News stories tagged with: #kindle #black friday #kindle paperwhite #latest kindle


Q2 Sales, Earnings Up at Wiley

Helped by acquisitions, revenue at John Wiley rose 4% in the second quarter of fiscal 2020 and net income increased 2.1%. The company's academic and professional learning division was a soft spot, with revenue falling 6%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-04 05:00:00 UTC ]
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Earnings, Sales, Drop in Q1 at HarperCollins

Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Amazon Q2 Results: 20% Revenue Jump, Smaller Profit Increase

The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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HC Sales, Earnings Up in Q2

Strong sales of digital audio were a key contributor to a 13% increase in profits at HarperCollins in the second quarter ended December 31, 2018. In discussing second quarter results, Robert Thomson, CEO of HC parent company News Corp, criticized Audible's domination of the downloadable audio... Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #robert thomson #quarter results #13% increase #digital audio #strong sales


Amazon hits back at claims it is to blame for falling author earnings

Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marketing fees #puts pressure #american literature #median income #retail giant


Wiley Q2 Sales and Earning Fall

Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-05 00:00:00 UTC ]
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Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Sales, Earnings Drop at Quarto

Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
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HC Earnings Rise 7% in Q2 on 1% Sales Gain

The positive impact of currency fluctuations, plus higher backlist sales in its children's division, led to a 1% revenue rise at HarperCollins this past quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-08 00:00:00 UTC ]
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Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Amazon reportedly to drop MFN clauses from ebook deals

Amazon has offered to drop the Most Favoured Nation clauses from its ebook contracts, following a European Commission investigation into the online retailer’s deals, it has been reported today.  Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Despite Big Earnings Gain, Amazon Disappoints in Q3

Operating income rose 42% in the third quarter of 2016, over last year, but the increase was less than analysts had been expecting. Total sales rose 29%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-27 00:00:00 UTC ]
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Amazon Publishing signs major Catherine Cookson deal

Amazon Publishing has acquired two new and unseen titles by the late novelist Catherine Cookson, including a memoir. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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Sales, Earnings Dropped at HC in Fiscal 2016

HarperCollins posted a strong fourth quarter, but sales for the fiscal year ended June 30, 2016 fell 1% from fiscal 2015 and earnings declined 16%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-08 00:00:00 UTC ]
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HBG Reports Earnings Jump Despite Sales Drop

Sales for the first six months of 2016 fell 6.6% at Hachette Book Group compared to the first six months of 2015, but earnings rose 180%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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One-Time Charges Lead to Drop in Earnings at Barnes & Noble Education

Revenue at the college store operator rose 1.7% in fiscal 2016, but restructuring charges tied to outsourcing its digital education platform led to a decline in earnings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-28 00:00:00 UTC ]
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