Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at 'The Bookseller'

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
More news stories like this | News stories tagged with: #company revealed #trading update #pearson


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


Report shows fourfold rise in minority ethnic characters in UK children’s books

The Centre for Literacy in Primary Education welcomes steep increase in representation, but warns there are ‘no quick fixes’The proportion of children’s books featuring a minority ethnic character has almost quadrupled in the last four years, according to a new survey – but researchers say “we... Continue reading at The Guardian

[ The Guardian | 2021-11-04 14:36:37 UTC ]
More news stories like this | News stories tagged with: #books featuring #picture books #quick fixes


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


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 ]
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Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues... Continue reading at The Guardian

[ The Guardian | 2021-05-19 12:15:47 UTC ]
More news stories like this | News stories tagged with: #company continues #full-year results #latest updatessee #coronavirus coveragefuture #metal hammer #group revenues #marie claire


Hachette Book Group: 2-Percent Rise in Carbon Footprint

Hachette Book Group releases an environmental progress report, which found that paper accounts for 95% of the publisher's carbon footprint. The post Hachette Book Group: 2-Percent Rise in Carbon Footprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-14 12:30:13 UTC ]
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Quarto sees 2020 revenue fall 7% but profits rose

The Quarto Group saw revenue fall 7% year on year in 2020 to $126.9m (£91.5m) although adjusted operating profit increased to $10.6m (£7.6m) in the same period. Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 10:24:18 UTC ]
More news stories like this | News stories tagged with: #profits rose #quarto group #quarto


Pottermore sales and profits rise with 'strong' Harry Potter sales

Pottermore, the digital company for J K Rowling’s Wizarding World, saw revenues rise 3.2% and profits increase 23.2% in the 12 months to 31st March 2020. Continue reading at The Bookseller

[ The Bookseller | 2021-01-13 12:26:57 UTC ]
More news stories like this | News stories tagged with: #profits rise #digital company #harry potter


Walker saw turnover and operating profit rise in record 2019

Walker Books had a record year in 2019, with turnover increasing 7% and operating profit soaring 17%, newly released financial results show. Continue reading at The Bookseller

[ The Bookseller | 2020-11-22 21:28:03 UTC ]
More news stories like this | News stories tagged with: #walker books #record year


EUP reports 2% sales rise as Wright retirement announced

Edinburgh University Press has reported a 2% rise in sales for the year to end 31st July 2020 and announced that c.e.o. Timothy Wright will retire next year. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 09:03:36 UTC ]
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Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster

ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann's chief says he's interested. The post Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-02 18:34:05 UTC ]
More news stories like this | News stories tagged with: #post report #sale process #simon schuster #bertelsmann


PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
More news stories like this | News stories tagged with: #global revenues #30th june #penguin random house #bertelsmann


Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
More news stories like this | News stories tagged with: #bertelsmann reports #quarter decline #bertelsmann #penguin random house


Group Nine Media Lays Off 7% of Staff

Group Nine Media, whose digital media properties include PopSugar, The Dodo and NowThis, laid off dozens of employees, or 7% of its more than 700-person staff, across the company. It's the latest publisher to take drastic action as COVID-19 has drastically altered the media landscape. As the... Continue reading at AdWeek

[ AdWeek | 2020-04-07 20:39:10 UTC ]
More news stories like this | News stories tagged with: #media landscape #latest publisher #digital media


Egmont group reports 'good year' but prepares for 'challenging' 2020

Scandinavian media group Egmont has reported a "good year" in its latest financial results with a record revenue of €1.7bn in 2019, but has warned 2020 is expected to be a "challenging year" due to the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 10:30:18 UTC ]
More news stories like this | News stories tagged with: #challenging year #good year #coronavirus outbreak #egmont


Profit up for Bonnier Group

The Bonnier Group has delivered a 35% increase in operating profit in its latest accounts.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-04 10:21:24 UTC ]
More news stories like this | News stories tagged with: #operating profit #bonnier group #35% increase #bonnier


Report: EBay seeking bids for Classifieds Group at activist investors' urging

EBay Inc. is making plans to sell its international classifieds arm, eBay Classifieds Group, the Wall Street Journal reported Friday, citing unnamed sources. According to the Journal, Classifieds could be worth around $10 billion. The private equity firms TPG and Blackstone Group Inc., as well... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-21 21:52:59 UTC ]
More news stories like this | News stories tagged with: #making plans #$10 billion #german publishing


Scholastic's operating income rises 7% in 2020 second quarter

The Scholastic Corporation has revealed a 7% rise in operating income in the second quarter of the fiscal year, as c.e.o. Richard Robinson said the firm "continued to stand out as the world’s leading children’s book publisher and distributor". Continue reading at The Bookseller

[ The Bookseller | 2019-12-23 08:45:28 UTC ]
More news stories like this | News stories tagged with: #scholastic corporation #7% rise #operating income #fiscal year #leading children #book publisher #children’s book #scholastic