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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HarperCollins US reportedly publishing Harry and Meghan biography

HarperCollins US imprint Dey Street is reportedly publishing a biography of the Duke and Duchess of Sussex, written by two journalists with the couple's co-operation. Continue reading at The Bookseller

[ The Bookseller | 2020-04-27 10:29:43 UTC ]
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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain

The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #financial forecast #covid-19 pandemic #quarto


Artist Relief Reports First Round of Emergency Grants, Survey Results

More than 55,000 applicants applied to Artist Relief to receive the first round of 200, $5,000 emergency relief grants for artists in need due to the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
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Improved profits for Quarto, as it warns of costs of Covid-19

Quarto warns of lower trading as a result of Covid-19, but highlights improved profits in its latest full-year Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 08:44:01 UTC ]
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Indie Bookstores Report Problems with GoFundMe Disbursements

Several indie bookstores that launched GoFundMe campaigns in March are reporting that the funds raised on that platform are not being disbursed to them as promised, despite repeated inquiries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-13 04:00:00 UTC ]
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RELX reports 'significant impact' to exhibitions business owing to coronavirus

RELX, whose Reed Exhibitions business organises the London Book Fair and BookExpo, has published a trading statement revealing exhibitions are being "impacted significantly" by the coronavirus outbreak, making the group's outlook for the year as a whole "highly uncertain". Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 07:29:50 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #significant impact #london book fair #relx


ABC backs its reporting on George Pell after Andrew Bolt accuses it of a witch-hunt

News Corp columnists and other Pell supporters say the national broadcaster conducted a ‘crusade’ against the cardinalThe ABC has backed its journalists and its reporting on George Pell after the cardinal’s release from jail prompted a spate of attacks on the national broadcaster by Pell... Continue reading at The Guardian

[ The Guardian | 2020-04-07 17:30:02 UTC ]
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Bustle Digital Group Lays Off Staff of The Outline as Part of Broader Cuts

Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-03 21:34:37 UTC ]
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7 Books About Magic Schools for Every Reader

Though Harry Potter might be one of the most easily recognizable books about magic schools, there are many books that go beyond Hogwarts. Find them here. Continue reading at Book Riot

[ Book Riot | 2020-04-02 10:36:55 UTC ]
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Bertelsmann Now Owns 100% of PRH

Bertelsmann has completed the acquisition of Pearson's remaining 25% stake in Penguin Random House, making it the sole owner of the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry


Bertram Group sells Erasmus and Houtschild

Bertram Group has sold its subsidiaries Erasmus Antiquariaat en Boekhandel BV and Houtschild Internationale Boekhandel BV to Casalini Libri SPA for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 12:50:11 UTC ]
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Bertelsmann formally completes full acquisition of Penguin Random House

Bertelsmann has formally completed the full acquisition of Penguin Random House, following the sale of Pearson's remaining 25% stake for $675m (£530m).  Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 12:09:24 UTC ]
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HC to Buy Egmont Book Groups in the U.K. Poland, and Germany

Under an agreement set to close April 30, HarperCollins will buy Egmont Books UK, Egmont’s book business in Poland, and the German unit Schneiderbuch. All three focus on the children's market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-01 04:00:00 UTC ]
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Independent and Profitable, Digital Trends Aims to Redefine Tech Media

Asked whether, back in 2006, he could have possibly envisioned that the tech review blog he co-founded, using rented office space above an Oregon furniture store, would one day grow into a profitable digital media enterprise spanning three offices on two coasts and attracting talent from the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-31 17:01:10 UTC ]
More news stories like this | News stories tagged with: #sponsorship opportunities #significant portion #major shift #united nations #digital media


Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Coronavirus live updates: Hachette reports increased book orders from China

Hachette UK c.e.o. David Shelley says the firm has seen an increase in book orders from China once again after "several months of very low orders" as a result of the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 16:34:39 UTC ]
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Independent bookstores survived the rise of online retail. Coronavirus poses bigger challenges.

Indie bookstores thrive on being part of a community. Now, they’re taking desperate action to stay in business amid “social distancing.” Continue reading at The Washington Post

[ The Washington Post | 2020-03-17 15:49:08 UTC ]
More news stories like this | News stories tagged with: #online retail