B&N to Save $40 Million Following New Layoffs

After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
News tagged with: #severance payments #$11 million

Other Publishing stories related to: 'B&N to Save $40 Million Following New Layoffs'


Apple agrees to $450 million dollar settlement in ebook antitrust case

Apple has resisted settling with the government over charges that it conspired with publishers to fix ebook prices. While its alleged co-conspirators have already opted to pay up and move on, Cupertino has been steadfast in maintaining its... Continue reading at Engadget

[ Engadget | 2014-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple agrees #alleged co-conspirators


Comics, Graphic Novels Market Hit $870 Million in 2013

Led by book format comics with $415 million in sales, the North American comics and graphic novel marketplace generated $870 million in sales in 2013, according to a new estimate by ICV2 and Comichron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
More news stories like this |


Publisher of JK Rowling, Colbert announces layoffs

J.K. Rowling's publisher is laying off some employees amid a dispute with the industry's biggest book seller. Hachette Book Group cites a "changing marketplace" for layoffs that will affect less than... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jk rowling #changing marketplace


Hachette Makes Layoffs

Amid continued attention (and press coverage) for its ongoing terms dispute with Amazon, Hachette has announced a round of layoffs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #press coverage


Flat Quarter for Books-A-Million

Revenue at Books-A-Million inched up 0.2% in the first quarter ended May 3, 2014, to $103.8 million, compared to the year earlier period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #flat quarter #quarter ended


BEA 2014: Passionate After 40 Years

You couldn’t find a more optimistic person than David Caron, owner and co-publisher of ECW Press, when it comes to the future of the publishing industry, and he is very proud of the company he’s been with for 10 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry


Charges Led to $3.4 Million Loss at Courier

Three one-time expenses contributed to a loss of $3.4 million at Courier Corp. in the second quarter ended March 29, 2014 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #courier corp


BookBub Raises $3.8 Million

BookBub, a daily deal site for ebooks, announced it has raised $3.8 million in Series A funding, the first external capital secured by the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-01 00:00:00 UTC ]
More news stories like this |


Petition to save Kew Bookshop

The owners of West London independent Kew Bookshop have launched a petition to stop the planned... Continue reading at The Bookseller

[ The Bookseller | 2014-04-29 00:00:00 UTC ]
More news stories like this |


NEA Awards $1.4 Million in Lit Grants

The National Endowment for the Arts plans to award $1.42 million to 56 U.S. literature nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #national endowment


Indies save Polare stores

Only two years after investment company ProCures bought the 16 Selexyz high street bookshops out... Continue reading at The Bookseller

[ The Bookseller | 2014-04-16 00:00:00 UTC ]
More news stories like this |


Multi-million-pound digital learning launch for Blackwell's

Blackwell’s unveiled a new “multi-million-pound” digital learning service for... Continue reading at The Bookseller

[ The Bookseller | 2014-04-08 00:00:00 UTC ]
More news stories like this |


Beverly House listed for sale at $135 million

The Beverly House was the onetime residence of publishing magnate William Randolph Hearst and actress Marion Davies. Jacqueline and John F. Kennedy honeymooned there.No sooner did the mansion known as Fleur de Lys sell this week for a record-breaking $102 million than another L.A. estate hit the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$135 million


Marlborough's White Horse bookshop saved

Two businessmen have bought the freehold of Marlborough's only bookshop in order to keep it... Continue reading at The Bookseller

[ The Bookseller | 2014-04-03 00:00:00 UTC ]
More news stories like this |


Layoffs in Pearson US restructure

Sixty-eight jobs have gone at Pearson's higher education business in the US, as part of the... Continue reading at The Bookseller

[ The Bookseller | 2014-03-19 00:00:00 UTC ]
More news stories like this |


Correction: Open Road Not Liable for Millions in Damages

In an earlier version of our story on HarperCollins' victory in its copyright infringement suit against Open Road, we mistakenly put the damages as applying per copy, rather per work infringed. In fact, there is a single infringement infringement in this case, not multiple infringements per copy... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copy sold #open road #earlier version


Graywolf at 40

It’s only appropriate, Graywolf Press publicity director Erin Kottke said, that the Minneapolis literary press would kick off its 40th anniversary celebrations on February 28 in Seattle during AWP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
More news stories like this |


Hachette UK's digital sales up 40% in 2014

Hachette UK’s earnings before interest and taxes (EBIT) were down slightly in 2013, because... Continue reading at The Bookseller

[ The Bookseller | 2014-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #digital sales


Flipboard Acquires CNN's Zite for $60 Million in Bid to Consolidate Reader Market

Flipboard, an app that displays digital media in magazine-like form on tablets, is acquiring one of its smaller competitors, Zite, for a reported $60 million.As part of the deal, Flipboard will get direct access to all CNN content, including video, as well as CNN personalities like Fareed... Continue reading at Advertising Age

[ Advertising Age | 2014-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #direct access #including video #jake tapper #purchase price