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 ]
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Northern Ireland library cuts scrapped

Proposals to reduce opening hours at 14 of the busiest libraries in Northern Ireland have been scrapped. Continue reading at The Bookseller

[ The Bookseller | 2016-08-09 00:00:00 UTC ]
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Trade Sales Up at HMH, But Profit Dips

Revenue in Houghton Mifflin Harcourt’s trade publishing segment rose 3.2% in the second quarter ended May 31, 2016 over the comparable period in 2015. Adjusted EBITDA fell to $322,000 from $412,000 in the second quarter of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-04 00:00:00 UTC ]
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Flat sales and profit at CUP

Cambridge University Press sales dropped very marginally to £268.8m in the year ended April 2016, according to its latest annual report (£169.1m in 2015), with growth levels falling back from a 5% revenue rise the year before. Continue reading at The Bookseller

[ The Bookseller | 2016-08-04 00:00:00 UTC ]
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Trusted Media Brands Cuts Children’s Book Publisher

Thirty-one employees face layoffs, though magazine brands not affected. The post Trusted Media Brands Cuts Children’s Book Publisher appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-07-29 00:00:00 UTC ]
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S&S Profits Up But Sales Slip

Second quarter revenue fell 6.0% at Simon & Schuster compared to the second period of 2015, but operating income rose 4.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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Fresh plans to cut 22 more libraries across England emerge

Libraries across the country continue to be threatened with closure, with councils proposing to close 22 venues altogether across Swindon, Gateshead and Coventry. Continue reading at The Bookseller

[ The Bookseller | 2016-07-08 00:00:00 UTC ]
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Eason returns to profit

Irish chain retailer Eason has returned to profit after increasing sales by 9% to €147m (£126m) last year. Continue reading at The Bookseller

[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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Osborne pledges to cut corporation tax to 15%

Chancellor George Osborne has pledged to cut corporation tax from 20% to 15% to encourage businesses to keep investing in the UK, according to news reports. Continue reading at The Bookseller

[ The Bookseller | 2016-07-05 00:00:00 UTC ]
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Barnes & Noble Bets On Physical Bookstores To Improve Profits

New stores with cafés that serve beer and wine are part of the chain’s plans to boost its bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-24 00:00:00 UTC ]
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University Presses Cope with Budget Cuts

Universities are taking different approaches to handling shrinking budgets, from cutting back on staff to expecting presses to rely more on their own resources. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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Clays profit up as print sales surge

Book printing company Clays Ltd has invested in its physical book-printing services, citing the decline of e-reader sales, the resurgence of public enthusiasm for print and the success of its new print self-publishing services. Continue reading at The Bookseller

[ The Bookseller | 2016-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-reader sales


Indigo Posts C$28 Million Profit in Fiscal 2016

Revenue rose 11.0% over fiscal 2015, to C$994.2 million, and the chain had net earnings of C$28.6 million in fiscal 2016 compared to a loss of C$3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Waterstones cuts ebook deal with Kobo

Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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Harry Potter magic helps conjure up profit rise at Bloomsbury

Sales of JK Rowling’s much-loved books jump 133%, boosted by illustrated edition, contributing to 8% profit rise at publisherHarry Potter is still working his magic for the publisher Bloomsbury after nearly 20 years, with sales more than doubling over the past year thanks to a new illustrated... Continue reading at The Guardian

[ The Guardian | 2016-05-19 00:00:00 UTC ]
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Sales Down, Profits Up at HBG

Revenue for the first quarter ended March 31, 2016 fell 10.3% at Hachette Book Group, compared to the same period last year, parent company Lagardere reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
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Bookshop to give Harry Potter 'eighth story' profits to schools

The Big Green Bookshop is to donate all profits from the sales of Harry Potter and the Cursed Child (Little, Brown) to local schools to enable them to buy books for their libraries. Continue reading at The Bookseller

[ The Bookseller | 2016-05-13 00:00:00 UTC ]
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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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BEA 2016: Kenny Loggins: Cutting Loose on the Page

Grammy Award–winning rock-and-roll musician Kenny Loggins isn’t nervous about performing today, at 1 p.m., at the Quarto Publishing Group’s booth (2300, 2301), where the company’s 40th anniversary party will be in full swing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Richard Desmond's firm in £25m loss after price cuts and digital investment

Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading at The Guardian

[ The Guardian | 2016-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cutting prices #significant investment #digital publishing #daily express #sunday express #pre-tax loss