B&N Cuts Its Way to Profitability

If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2, 2015. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
News tagged with: #physical products

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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson chief #students enrolling #profits warnings #john fallon #educational publishers


Libraries minister visits Lancashire over cuts

Libraries minister Rob Wilson met with Lancashire County Council this week as part of an investigation into the council’s controversial plans to close 28 libraries. Continue reading at The Bookseller

[ The Bookseller | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #controversial plans


Publishers see short-form video views on Facebook cut in half

Publisher’s short-form Facebook videos have been on the wane after the algorithm has prioritized Facebook Live and the news feed has become flooded with content. Six months ago a well-performing video from The Sun would fetch 250,000 views, now it’s good to get over 100,000. In 2016, The... Continue reading at Digiday

[ Digiday | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post publishers #months ago


Stanfords returns profit for second time in 14 years

Stanfords has made a profit for the second time in 14 years after investing in its festival and awards and licensing its 163-year-old brand. Continue reading at The Bookseller

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

In a letter to employees, HBG CEO Michael Pietsch said that excluding Perseus, profits rose 25%. The increase was higher when Perseus is included. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits rose #double digits


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 ]
More news stories like this | News stories tagged with: #bruce springsteen #profitable year


CMS committee warns cuts 'making arts less accessible'

The Culture, Media and Sport select committee has warned that budget cuts are making culture less accessible, as part of its latest report on funding and support for the arts outside London. Continue reading at The Bookseller

[ The Bookseller | 2016-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest report


'Heartbreaking' cuts to Swindon library service finalised

Swindon Council's scrutiny committee has passed plans to close two thirds of the town's libraries by the end of August 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #swindon council


Rogers Media Cuts 60 Staffers, Shutters LouLou Magazine

After selling off B2B magazines, the Canadian publisher swings the axe at its Francophone titles. The post Rogers Media Cuts 60 Staffers, Shutters LouLou Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #b2b magazines


Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #conor whelan


Publisher protests as Amazon Japan cuts back its KU offering

After underestimating the ferocity of Japan's manga fans, Amazon has made major adjustments to the contents of its Kindle Unlimited offer in the country, while dropping some publishers from the service altogether. Continue reading at The Bookseller

[ The Bookseller | 2016-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #manga fans


CILIP urges Westminster to rethink library cuts

The Chartered Institute of Library and Information Professionals (CILIP) has called on Westminster City Council to halt proposed cuts to the library budget of £750,000 a year "until a proper public consultation has been carried out". Continue reading at The Bookseller

[ The Bookseller | 2016-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library budget #chartered institute


EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meet demand


DCMS to investigate 'disgraceful' Lancashire library cuts

The government is to investigate plans by Lancashire County Council to close 21 libraries in a move which has been slammed as "disgraceful" by campaigners. Continue reading at The Bookseller

[ The Bookseller | 2016-10-11 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 ]
More news stories like this | News stories tagged with: #thought catalog #facebook algorithm


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 ]
More news stories like this | News stories tagged with: #book people


NACS Cuts Staff by 17%

In response to changes in the industry, the National Association of College Stores eliminated 22 full-time and 13 part-time positions earlier this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
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Digital Trends found a highly profitable niche among tech review sites without relying on Facebook

Digital Trends, which was reportedly in talks to sell to Condé Nast for $120 million, has mostly flown under the radar. But the 10-year-old tech review site has become profitable by honing its Google skills while other publishers chase Facebook and video numbers. “We’ve identified the cycles a... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook appeared #digital trends #$120 million #ve identified


Lancashire to go ahead with 'disgraceful' library cuts

Lancashire County Council has decided to press ahead with plans to close more than 20 libraries after a 12-week consultation. Continue reading at The Bookseller

[ The Bookseller | 2016-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #press ahead #library cuts


Protest planned over Lewisham library cuts

Library campaigners plan to gather this Saturday to protest the £1m cuts to Lewisham Council’s library budget, which will see staff removed from four libraries across the borough. Continue reading at The Bookseller

[ The Bookseller | 2016-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library budget