Bertelsmann double profit to €94m

Written By: Graeme Neill Publication Date: Thu, 12/05/2011 - 09:23 Group profit at Random House parent company Bertelsmann more than doubled to €94m (£81.9m) in its first quarter. For the three months to 31st March, consolidated revenues increased to €3.63bn (£3.16bn) from €3.56bn (£3.10bn). While Bertelsmann did not strip out the sales of individual business wings, including Random House, it said "nearly all divisions contributed to this increase". It also further paid down debt, reducing it from €1.91bn (£1.66bn) to €1.74bn (£1.52bn). read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-05-12 00:00:00 UTC ]
News tagged with: #31st march

Other Publishing stories related to: 'Bertelsmann double profit to €94m'


When Boeing put profit over quality in the 737 Max, the result was tragedy

Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post

[ The Washington Post | 2021-12-17 13:00:00 UTC ]
More news stories like this |


Snap, Nielsen: Snap Ads Drive Double the ROI for CPGs vs. Industry Benchmarks

Snap Inc. commissioned two analyses from Nielsen to help it quantify sales driven by ads on the Snapchat platform for advertisers in the consumer packaged goods and beauty categories in the U.S. The company said in a blog post that advertisers are turning to measurement strategy market mix... Continue reading at AdWeek

[ AdWeek | 2021-12-16 22:30:00 UTC ]
More news stories like this | News stories tagged with: #nielsen


W H Smith reports £116m loss but expects return to profit in 2022

W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at The Bookseller

[ The Bookseller | 2021-11-10 20:28:22 UTC ]
More news stories like this | News stories tagged with: #pre-pandemic levels #w h smith


Trade Segments Had Double-Digit Gains in August

The trade publishing segment continues to perform well in 2021, with August sales up 15.1% in the adult category and ahead 21.8% in the children’s/young adult segment at publishers that report results to the Association of American Publishers’ StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #american publishers #trade segments #double-digit gains #adult category #report results #trade publishing


Authors Guild doubles down on support of antitrust suit against publisher mega-merger

The Authors Guild likes what it sees in the federal antitrust suit aiming to block the $2 billion merger of Penguin Random House and Simon & Schuster. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-11-05 22:15:11 UTC ]
More news stories like this | News stories tagged with: #antitrust suit #simon schuster #penguin random house #authors guild


Trade predicts pressures on profits as costs rocket

The industry is facing an escalation in costs, as soaring energy prices and rising shipping fees add to the financial implications of distribution delays, with publishers, printers, analysts and retailers predicting pressure on profits and the likelihood of costs being passed on to consumers. Continue reading at The Bookseller

[ The Bookseller | 2021-10-29 15:37:05 UTC ]
More news stories like this |


Newton hails record first-half profits and sales at Bloomsbury

Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 14:20:32 UTC ]
More news stories like this | News stories tagged with: #profit growth #nigel newton #bloomsbury


Harry Potter publisher reports record profits despite supply chain crisis

Titles such as Tom Kerridge’s latest cookbook prove popular for Bloomsbury during Covid pandemicCoronavirus – latest updatesSee all our coronavirus coverageBloomsbury, the Harry Potter publisher, has unveiled record sales and profits on the back of the popularity of titles including Tom... Continue reading at The Guardian

[ The Guardian | 2021-10-27 10:02:41 UTC ]
More news stories like this | News stories tagged with: #tom kerridge #latest updatessee #latest cookbook #coronavirus pandemic #harry potter #bloomsbury #cookbook


Germany's Thalia reports sales uplift, but profits suffer

German book chain Thalia has come through the pandemic in better shape than expected with sales up 7% to more than €1.1bn (approximately £928m) in the 12 months to 30th September in Germany and Austria. Continue reading at The Bookseller

[ The Bookseller | 2021-10-22 15:52:53 UTC ]
More news stories like this | News stories tagged with: #german book


Bookstat: The Couple at No 9 doubles up at the top

Claire Douglas' The Couple at No 9 (Penguin) notched up a second week in the Bookstat e-book number one spot, for the week ending 16th October. Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 10:06:04 UTC ]
More news stories like this | News stories tagged with: #claire douglas #e-book


The Man Who Died Twice doubles up for a second week at the top

Richard Osman's The Man Who Died Twice (Viking) has claimed the UK Official Top 50 number one spot for a second week running, selling 60,992 copies. Continue reading at The Bookseller

[ The Bookseller | 2021-09-28 08:25:29 UTC ]
More news stories like this | News stories tagged with: #week running #richard osman


Bookstat chart: Rooney doubles up

Sally Rooney has done the double as Beautiful World, Where Are You (Faber) searched out the Bookstat e-book number one spot, the same week it debuted atop the Nielsen BookScan print chart.  Continue reading at The Bookseller

[ The Bookseller | 2021-09-15 10:34:29 UTC ]
More news stories like this | News stories tagged with: #bookstat chart #sally rooney #thebookstate-book number


Michel Bussi’s thriller ‘The Double Mother’ twists, then twists again

The French author (and geopolitics professor) delivers another captivating mystery novel Continue reading at The Washington Post

[ The Washington Post | 2021-09-10 13:00:00 UTC ]
More news stories like this | News stories tagged with: #french author


First Half Profits Soared at Penguin Random House

Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong performances #audiobook #penguin random house


Essex indie bookshop doubles in size after 'thriving' in pandemic

An Essex-based indie bookshop is doubling in size after "thriving" during the pandemic. Continue reading at The Bookseller

[ The Bookseller | 2021-08-25 20:03:30 UTC ]
More news stories like this | News stories tagged with: #bookshop


HarperCollins reports record profits as global revenue grows 19%

HarperCollins has reported “record profits”, with global revenues growing 19% in the financial year ending 30th June 2021, according to figures from parent firm News Corp.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-06 19:17:08 UTC ]
More news stories like this |


How Magazine Publishers Are Cutting Print Costs to Improve Profits

Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine

[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
More news stories like this | News stories tagged with: #subscription side #tom harty #earnings call #core subscribers #shared stories #tech providers #niemeier prefers #limit contracts #custom publications #geographic regions #light customization #increasing productivity #multiple channels #magazine publisher


How Magazine Publishers Are Cutting Print Costs to Improve Profits

From frequency changes and staff reorgs to automation and list cleanup, publishers are getting creative when it comes to ensuring long-term viability. The post How Magazine Publishers Are Cutting Print Costs to Improve Profits appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine

[ Folio Magazine | 2021-08-02 17:04:10 UTC ]
More news stories like this | News stories tagged with: #magazine publishers #improve profits


Haig becomes first author to do Bookshop chart double

Matt Haig has become the first author to feature on Bookshop.org's Indie Champions list with two titles in the same month. Continue reading at The Bookseller

[ The Bookseller | 2021-08-01 01:03:15 UTC ]
More news stories like this | News stories tagged with: #bookshop


There's a long history of dances being pilfered for profit – and TikTok is the latest battleground

In choreography, the gray areas of copyright law make it difficult to determine what constitutes copyright infringement or plagiarism. Continue reading at The Conversation

[ The Conversation | 2021-07-23 12:13:47 UTC ]
More news stories like this | News stories tagged with: #long history #copyright law