Axel Springer Sees Earnings Hit by Investment, Restructuring

FRANKFURT, March 6 (Reuters) - German publisher Axel Springer on Wednesday forecast a drop in profitability in 2013, expecting investments in its digital business and restructuring efforts in its declining printing business to weigh on results. The ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2013-03-08 00:00:00 UTC ]
News tagged with: #restructuring efforts #digital business

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China Bestsellers in August: A Nobel Laureate Hits the Charts

The acclaimed Chinese author Mo Yan, has raced onto the bestseller list in China with his first book since his 2012 Nobel win, A Late Bloomer The post China Bestsellers in August: A Nobel Laureate Hits the Charts appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-21 17:01:16 UTC ]
More news stories like this | News stories tagged with: #china bestsellers #charts appeared #bestseller list

‘That’s A Cult’: Bestselling Author Hits Trump-Supporting Coronavirus Deniers

Don Winslow calls out Trump for his botched coronavirus response, and his supporters for living in denial. Continue reading at HuffPost

[ HuffPost | 2020-09-16 09:43:06 UTC ]
More news stories like this | News stories tagged with: #bestselling author

Thursday Murder Club hits charts top spot for a second week

Richard Osman's The Thursday Murder Club (Viking) has renewed its membership to the UK Official Top 50 number one spot for a second week, selling 34,485 copies in its first full week on sale. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 16:20:32 UTC ]
More news stories like this | News stories tagged with: #full week #richard osman

B&NE Retail Segment Took Big Hit in Q1

For the quarter ended August 1, sales in Barnes & Noble Education’s retail segment dropped 42.2% from the comparable period a year ago, falling to $158.8 million. In the period, comparable store sales fell 42.8%, which B&NE said accounted for $106.6 million in lost revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #big hit #lost revenue

S&S acquires Pope Francis' 'inspiring' guidance for Covid-hit world

Simon & Schuster is to publish Let Us Dream from Pope Francis in December.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 17:32:34 UTC ]
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Pandemic-hit Brontë Parsonage seeks to raise funds

The future of the Brontë Parsonage Museum is at risk following an estimated loss of £500,000 during lockdown, the Brontë Society has said. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 03:33:28 UTC ]
More news stories like this | News stories tagged with: #raise funds

‘Winter Counts’ hits the sweet spot between gritty thriller and social novel

David Heska Wanbli Weiden’s novel is mostly set 200 miles southeast of Mount Rushmore on South Dakota’s Rosebud Indian Reservation. Continue reading at The Washington Post

[ The Washington Post | 2020-08-28 15:59:09 UTC ]
More news stories like this | News stories tagged with: #winter counts #sweet spot #south dakota

Germany’s Springer Nature: Transformative Agreements Can Flip Markets to Open Access

Based on data from eight of them, Springer Nature sees gold-open-access rates in the 90th percentile in some cases.  The post Germany’s Springer Nature: Transformative Agreements Can Flip Markets to Open Access appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-25 14:57:58 UTC ]
More news stories like this | News stories tagged with: #post germany #transformative agreements #open access #90th percentile #springer nature

Trade-Published Romance Sees a Coronavirus Boost in the States

Unit sales of romance ebooks 'increased 17 percentage points from January through May 2020' in the US market, NPD Books reports. The post Trade-Published Romance Sees a Coronavirus Boost in the States appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-20 14:14:36 UTC ]
More news stories like this | News stories tagged with: #states appeared #ebooks

Media report: Amazon plans to invest in Rackspace

San Antonio-based cloud services company Rackspace Technology Inc. could get investment from Seattle-based tech giant Amazon.com Inc., according to a Reuters report citing an anonymous source close to the deal. Amazon (Nasdaq: AMZN) would acquire a minority stake in Rackspace (Nasdaq: RXT) in... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-08-17 16:02:51 UTC ]
More news stories like this | News stories tagged with: #amazon plans #minority stake #apollo global management llc

US Book Industry: NPD Sees More Gains in July, 16 Percent Over 2019

The book trade continues a run of some 15 weeks of upward lift in the US market, says NPD's Kristen McLean, especially good 'for the dog days of summer.' The post US Book Industry: NPD Sees More Gains in July, 16 Percent Over 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-13 13:15:23 UTC ]
More news stories like this | News stories tagged with: #npd sees #book industry #kristen mclean #dog days #book trade

Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
More news stories like this | News stories tagged with: #fiscal year

Dan Snow sells History Hit network to Little Dot Studios

Podcast and video business with more than 100,000 subscribers sold to All3Media-owned firmBroadcaster Dan Snow has sold his Netflix-style streaming service and popular podcast business to Little Dot Studios, the digital content firm owned by Fleabag and 1917 producer All3Media.Snow, a favourite... Continue reading at The Guardian

[ The Guardian | 2020-08-11 11:47:47 UTC ]
More news stories like this | News stories tagged with: #video business #digital content

SoA launches fundraising drive as money for Covid-hit writers runs low

The Society of Authors is launching a fundraising drive to help top up its Authors’ Contingency Fund, ensuring it can continue to offer hardship grants to authors as the effects of the health crisis continue to be felt.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-09 17:04:03 UTC ]
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Evening Standard to cut 115 jobs as Covid-19 hits advertising

Print edition of London paper will remain but focus will shift to digital and mobile platformsCoronavirus – latest updatesSee all our coronavirus coverageThe Evening Standard is to cut 115 jobs, a third of its staff, as the London freesheet seeks a dramatic reduction in costs to survive the... Continue reading at The Guardian

[ The Guardian | 2020-08-07 10:58:35 UTC ]
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Ilze Hugo on Writing a Pandemic Novel and Seeing it Come True

Few science fiction writers have their vision of the future tested immediately upon publication. But that’s what happened to Ilze Hugo, whose novel about a mysterious epidemic, The Down Days, debuted in the middle of the Covid-19 pandemic. “To be published right in the middle of all this is the... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-07 08:48:58 UTC ]
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Sales, Earnings Down at HC in Fiscal 2020

An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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See Inside 7 Beautiful Monastic Libraries

Behold the frescoed ceilings, marble floors, and centuries-old majesty of these monastic libraries around the world. Continue reading at Book Riot

[ Book Riot | 2020-08-06 10:37:00 UTC ]
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Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales drop #big hit #bottom line #houghton mifflin harcourt

Amazon sees sales and income soar during lockdown

Amazon has reported a 40% rise in net sales for the second quarter compared to the same time last year, while operating income soared by 87%. Continue reading at The Bookseller

[ The Bookseller | 2020-07-31 11:46:26 UTC ]
More news stories like this | News stories tagged with: #net sales #quarter compared