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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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 ]
More news stories like this | News stories tagged with: #coronavirus pandemic #evening standard #latest updatessee #dramatic reduction

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 ]
More news stories like this | News stories tagged with: #covid-19 pandemic #science fiction

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 ]
More news stories like this | News stories tagged with: #monastic libraries #libraries

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 ]
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US and Canadian agents hit out at LBF refunds

Two associations of American and Canadian agents are the latest organisations to hit out at the London Book Fair over its refund policy following this year's cancelled event. Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 21:17:31 UTC ]
More news stories like this | News stories tagged with: #cancelled event #london book fair

Cars.com shares soar after Q2 earnings beat

Shares in Cars.com Inc. rose nearly 20 percent in mid-day trading Thursday after the company announced quarterly financial results that bettered analysts' expectations. The Chicago online automobile marketplace reported second-quarter revenue fell 31% to $102 million from a year earlier and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-30 17:33:07 UTC ]
More news stories like this | News stories tagged with: #year earlier #$8 million #$20 million #thomson reuters

CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
More news stories like this | News stories tagged with: #financial year #covid-19 hit #constant currency #cambridge university press

Amazon Charts: In a House of Lies hits the roof for a third week

Ian Rankin's In a House of Lies (Orion) has claimed the Amazon Charts' Most-Sold: Fiction number one spot for a third week, as Mary L Trump's Too Much and Never Enough (S&S) holds the Most-Sold: Non-Fiction top spot. Continue reading at The Bookseller

[ The Bookseller | 2020-07-29 08:22:22 UTC ]
More news stories like this | News stories tagged with: #amazon charts #ian rankin #lies orion #fiction number

Italian Book Industry: Publishers’ Study Sees ‘Signs of Recovery’

Italian publishers see 'encouraging signs of an upturn,' as data from Nielsen and Informazioni Editoriali shows revenue losses were cut in half in July. The post Italian Book Industry: Publishers’ Study Sees ‘Signs of Recovery’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-28 14:58:45 UTC ]
More news stories like this | News stories tagged with: #italian publishers #nielsen

Booker Prize longlist sees Mantel and Tyler up against seven debut novelists

Two-time Booker Prize winner Hilary Mantel and US novelist Anne Tyler are up against seven debut novelists, including Kiley Reid and Avni Doshi, on this year's longlist for the £50,000 award. Continue reading at The Bookseller

[ The Bookseller | 2020-07-27 17:16:08 UTC ]
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Harry and Meghan biography hits Amazon number one on pre-orders

Finding Freedom (HQ), the new book about Meghan Markle and Prince Harry, has hit number one on Amazon based on pre-orders alone following a weekend of headlines about its contents. Continue reading at The Bookseller

[ The Bookseller | 2020-07-27 07:39:44 UTC ]
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Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
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Academic lists likely to be hardest hit by pandemic, new report finds

A report by consultancy Maverick Publishing Specialists says academic presses will be hit hard by falls in university revenue, while trade firms also face challenges in moving to a more agile, digital business model.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 00:40:12 UTC ]
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Deep Dive: As crisis continues, publishers see some promising green shoots

Digiday’s Deep Dive: European Publishing is a collection of videos, presenter slides and a guide of key takeaways produced by our editors from the Digiday Publishing Summit Europe Live that provides valuable tips and key insights so you’re prepared for what's to come in publishing. The post Deep... Continue reading at Digiday

[ Digiday | 2020-07-22 04:01:00 UTC ]
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Book sales hit record highs in 2019, but publishers ‘now need help’

Figures for last year show sales of £6.3bn, up 20% on 2015, but the Publishers Association says sector needs government support to weather coronavirusBook sales in the UK hit record levels in 2019, driven by a surge in audiobook and nonfiction titles, according to new figures released as... Continue reading at The Guardian

[ The Guardian | 2020-07-21 23:01:08 UTC ]
More news stories like this | News stories tagged with: #audiobook downloads #figures released #latest figures #government support #nonfiction titles #huge impact #coronavirus pandemic #sales fell #digital sales #harry potter #print sales #audiobook #publishers association

US Book Market: NPD Sees Unit Sales Up 2.8 Percent in Q2

Politically related biography and memoir gained, and children's print gained 12 percent over the second quarter of 2019 in unit sales. The post US Book Market: NPD Sees Unit Sales Up 2.8 Percent in Q2 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-20 17:15:16 UTC ]
More news stories like this | News stories tagged with: #book market #memoir

2019 North American Comics Sales Hit Record $1.21 Billion

Combined sales of graphic novels and periodical comics in the U.S. and Canada hit their highest point yet in 2019, according to a joint estimate produced by trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-13 04:00:00 UTC ]
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'Invest money in podcasts to reap greatest benefits,' publishers told

Publishers have been urged to put their money where their mics are when it comes to podcasting, to reap the most benefits. Continue reading at The Bookseller

[ The Bookseller | 2020-07-08 19:05:22 UTC ]
More news stories like this | News stories tagged with: #publishers told