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 ]
News tagged with: #operating income

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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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Sales, Earnings Drop at HarperCollins

Revenue fell 11% in the quarter ended March 31, 2016 compared to the period ended March 31, 2015 and earnings tumbles 36%, to $36 million. E-book sales were down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-05 00:00:00 UTC ]
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Amazon Lands Major Account: New York City Public Schools

Amazon has struck a major deal with the New York City public school district to provide ebooks to its students. The deal is reported to be worth $30 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-21 00:00:00 UTC ]
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Barnes & Noble Stock Gains in February; Amazon Drops

The Publishers Weekly Stock Index fell 3.6% overall, with declining share prices for Amazon and News Corp. offsetting gains elsewhere. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-04 00:00:00 UTC ]
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New Guild Survey Reveals Majority of Authors Earn Below Poverty Line

In its first study on author income since 2009, the Authors Guild delivers some jarring, if unsurprising, data. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-11 00:00:00 UTC ]
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Sales Slipped, Earnings Dropped at Cengage

Cengage Learning reported sales of $1.71 billion in the fiscal year ended March 31, 2015, down 2.2% from fiscal 2014 and earnings declined 4.7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-17 00:00:00 UTC ]
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Pullman: 'Amazon investigation should include author earnings'

Philip Pullman has warned that the European Commission should consider falling author income as part of its investigation into Amazon's ebook business. The author warned The Bookseller that the investigation, announced yesterday (11th June), was failing to take the role of the author into... Continue reading at The Bookseller

[ The Bookseller | 2015-06-13 00:00:00 UTC ]
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NACS to Drop Suit over Amazon Contract with Purdue

After getting information about special programs and Amazon’s integration with Purdue’s learning management system and adoptions, the National Association of College Stores is satisfied. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-06 00:00:00 UTC ]
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Quarterly Earnings Flat at S&S, Sales Dropped 11%

Faced with a difficult comparison to last year's third quarter, sales at Simon & Schuster fell 11% in the third period ended September 30, 2014, compared to the same period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult comparison

Ellora’s Cave CEO Confirms Amazon Sales Drop

Ellora’s Cave CEO Patty Marks confirmed the house is downsizing in the wake of what she described as "drastic" and unexplained declines in its ebook sales via Amazon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-25 00:00:00 UTC ]
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Ellora’s Cave Cuts Staff, Blames Big Amazon Sales Drop

In a letter to her authors, Ellora’s Cave CEO Patty Marks blames the cuts on unexplained declines in ebook sales through Amazon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-22 00:00:00 UTC ]
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Typical author earnings 'dropped to £11,000 in 2013'

The typical income for a professional author in 2013 was just £11,000, more than £5,... Continue reading at The Bookseller

[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Amazon lands major textbook distribution deal in Brazil

Amazon began its retail life as an online book distributor, though it's something we rarely consider the company now -- unless you choose to count digital versions for Kindle and Kindle apps. However, a thriving market for textbooks exists and that has become a recent focus for the company --... Continue reading at Betanews

[ Betanews | 2014-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company -- #digital format #textbook deal

Amazon Trio: New German Imprint, Kindle Drop, Higher Prime

Amazon news this week includes the launch of a new German language publishing imprint, lower Kindle sales for 2013, and a hike in the price of Prime. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-13 00:00:00 UTC ]
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Earnings Rise 8% at HC Despite Sales Drop

HarperCollins reported a decline in quarterly revenue with total sales down 7%, to $328 million, for the first period ended September 30, 2013. EBITDA, however, rose 8%, to $43 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-11 00:00:00 UTC ]
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Sales, Earnings Drop at Harlequin in Third Quarter

Third quarter revenue at Harlequin fell 7.1%, to C$107.8 million, and operating earnings declined to C$14.1 million from C$18.8 million in the comparable period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-06 00:00:00 UTC ]
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BlackBerry cancels Q2 earnings conference call and webcast

Tomorrow was supposed to the day BlackBerry held a conference call and webcast to discuss its Q2 earnings, but the company has now cancelled this. Complete second quarter financial results will still be released tomorrow (Friday, 27 September) at 7:00am ET, but there will now be no public... Continue reading at Betanews

[ Betanews | 2013-09-26 00:00:00 UTC ]
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