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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Despite Sales Drop, B&N Had Fiscal 2015 Profit

Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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Leap in sales and profit at Egmont UK

Egmont Book Publishing has reported soaring sales and profits at Egmont UK, thanks partly to the success of Minecraft. Continue reading at The Bookseller

[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Cost-cutting Newsquest/Gannett goes on the acquisition trail

US-based publisher adds 29 titles to its portfolio by buying the Romanes groupNewsquest, the US-owned regional newspaper group with more than 200 titles in the UK, has acquired 29 more by buying the Romanes Media group. Romanes publishes one daily newspaper, the Greenock Telegraph in Scotland,... Continue reading at The Guardian

[ The Guardian | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily newspaper #greenock telegraph #reading chronicle


Indigo Cuts Loss on 3% Sales Increase

Total revenue rose 3% at Indigo Books & Music in the year ended March 28, 2015 over fiscal 2014, and its net loss fell from $31 million last year to $3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
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Public Library Subsidy cut without consultation

Librarians and library suppliers have expressed concerns that changes to the Public Library Subsidy (PLS) could impact on the availability of government information in libraries. The PLS was originally created in 1924 as a way of helping libraries to purchase government publications such as... Continue reading at The Bookseller

[ The Bookseller | 2015-05-21 00:00:00 UTC ]
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Industry seconds Franklin’s fears for further cuts to libraries

Libraries, publishers and bookshops will suffer under a Conservative government, a leading independent publisher has warned. When collecting the Independent Publisher of the Year trophy at the Bookseller Industry Awards on Monday (11th May), Profile Books m.d. Andrew Franklin gave a strong... Continue reading at The Bookseller

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent publisher #year trophy #profile books #majority government


Phaidon lifts turnover, cuts loss

Phaidon Press has reported a 4.4% increase in annual turnover for the year to June 2014 due to a strong performance in the North American market. However, the company still reported a loss, which it attributed to increased investment in its business.  Turnover at the arts, lifestyle and culture... Continue reading at The Bookseller

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #phaidon press #4% increase #strong performance #increased investment


News Corp profits halve after weak newspaper ad sales

Rupert Murdoch group, which publishes Sun, Times and Wall Street Journal, partly blames currency fluctuations, as book publishing division reports growthRupert Murdoch’s News Corp has seen a 52% year-on-year fall in its third-quarter profits as its newspaper advertising revenue continued to... Continue reading at The Guardian

[ The Guardian | 2015-05-07 00:00:00 UTC ]
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Profits Up, Sales Down in S&S First Quarter

Simon & Schuster sales fell 5% in the first quarter ended March 31, 2015, to $145 million, but operating profit rose 9% to $12 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-07 00:00:00 UTC ]
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'A Wrinkle in Time': A cut passage is published

Fans of the classic science fiction novel recently got a look at a section of the book that was taken out before publication. 'Wrinkle' won the Newbery Medal. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-04-22 00:00:00 UTC ]
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McGraw-Hill Global Education Posts Small 2014 Profit

McGraw-Hill Global Education had net income of $3.8 million last year compared to a loss of $89.4 million in 2013. Sales rose 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-07 00:00:00 UTC ]
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ACNI slammed for 'fundamental misunderstanding' following cuts

Publishing Ireland has slammed the Arts Council Northern Ireland (ACNI) for “fundamentally misunderstanding” how publishers operate following with withdrawal of funding for Blackstaff Press. The Bookseller reported last week that Northern Irish indie Blackstaff Press had had its funding slashed... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #funding slashed #funding decisions #publishing ireland #publishers operate #blackstaff press #bookseller reported


Sales and profits rise at 'stronger' Penguin Random House

Penguin Random House delivered a "strong performance in its first full year after the merger", media group Bertelsmann has said. Penguin Random House chief executive Markus Dohle said the combined businesses had "made a powerful statement: We are stronger together" describing 2014 as "a... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
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BAM Posts 2014 Profit on 0.8% Sales Gain

With comp store sales up 0.4% in the year, total revenue at Books-A-Million rose 0.8% over the previous year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-30 00:00:00 UTC ]
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Brand funds Hackney café with book profits

Russell Brand has used profits from his book Revolution (Century) to help fund a café in Hackney staffed by recovering drug addicts. The Trew Era café is a social enterprise located in a housing estate that faced eviction last year by a US company. The Guardian reports that Brand backed the... Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book profits #russell brand #guardian reports


Egmont group's profits rise in 'best year ever'

Denmark-based Egmont Group said it achieved its “best year ever” in 2014, as pre-tax profit for the year totalled €127m (£92.5m), a 36% increase from 2013. All divisions recorded improvements in their underlying operations and overall revenues for 2014 grew 10% to €1.6bn (£1.2bn). Ebitda... Continue reading at The Bookseller

[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Profits Rose at Quarto

Adjusted operating profit at the Quarto Group increased 10% in 2014, rising to $15.4 million from $14.0 million in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-20 00:00:00 UTC ]
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New-Media Powers Say They'll Be Profitable Soon. Don't Ask About That Facebook Plan

New media titans have shown they can attract investors' money, raking in millions in venture capital funding, but they have not answered clearly whether they can show a profit.At South by Southwest, sales chiefs for three heavily-funded digital publishers said they can do that too, or can soon,... Continue reading at Advertising Age

[ Advertising Age | 2015-03-15 00:00:00 UTC ]
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2014 profit drop for Lagardere Publishing

Hachette UK’s parent company Lagardere has released its results for 2014, showing that profits at Lagardere Publishing, which includes Hachette UK as well as other publishing divisions across the world, were €197m, down by 12% or €26m year-on-year. Sales for 2014 came to €2,004m, down 4.5% from... Continue reading at The Bookseller

[ The Bookseller | 2015-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lagardere publishing #hachette uk #publishing divisions #publishing division #general literature #english-speaking countries


Profits Fell 12% at Lagardere Publishing in 2014

Profits at Lagardere Publishing, parent company of Hachette Book Group, fell to 197 million euros in 2014 from 223 million euros in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
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