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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News Corp. Plummets as Profit Trails Estimates on Ad Revenue

Shares of News Corp., controlled by billionaire Rupert Murdoch, had a record decline after the publisher of the Wall Street Journal and New York Post reported fiscal second-quarter profit that missed analysts' estimates.Earnings, excluding some items, were 20 cents a share in the period ended... Continue reading at Advertising Age

[ Advertising Age | 2016-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year earlier #york-based company #ad revenue #projections compiled #estimated $2 #york trading


Quick Reads report finds 27% fear reading will become 'forgotten pleasure'

Around 27% of people fear reading could become a “forgotten pleasure” according to new research commissioned to mark the 10th anniversary of Galaxy Quick Reads. Continue reading at The Bookseller

[ The Bookseller | 2016-02-05 00:00:00 UTC ]
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Ebook sales falling for the first time, finds new report

Research by the Bookseller shows that sales for the ‘big five’ UK publishers dropped in 2015Ebook sales for the UK’s five biggest publishers fell in 2015, according to a new report in the Bookseller, collectively declining 2.4%, to 47.9m units. It is the first drop in numbers of books sold in... Continue reading at The Guardian

[ The Guardian | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #bookseller magazine #books sold #pan macmillan #simon schuster


Indigo Reports Strong Q3

Revenue at Indigo Books & Music rose 12.9% in the third quarter ended December 26, 2015 compared to the third period a year ago. Net earnings in the quarter jumped 60%, to C$52.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
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JK Rowling's empire lowers the drawbridge, boosts profits

The renowned author's digital publishing house, Pottermore, has retained a monopoly on the sale of Harry Potter ebooks and audio titles ever since its launch. But times they are a-changing, and the company's strategy is undergoing seismic shifts. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-01-29 00:00:00 UTC ]
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Confidence Rising (Mostly): Nielsen’s Whirlwind Overview of World Markets

The Nielsen Consumer Confidence Index combined with Bookscan data offers a snapshot of what's happening in global book publishing markets. The post Confidence Rising (Mostly): Nielsen’s Whirlwind Overview of World Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-29 00:00:00 UTC ]
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Baroness Rebuck and Jimmy Wales join Guardian Media Group board

Chair of book publisher Penguin Random House UK and Wikipedia founder take up their roles with immediate effectGuardian Media Group has appointed Baroness Rebuck, the chair of book publisher Penguin Random House UK, and Wikipedia founder Jimmy Wales to its board.They join other high profile... Continue reading at The Guardian

[ The Guardian | 2016-01-27 00:00:00 UTC ]
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Gadsby Named to Head Academic Group at R&L

Rowman & Littlefield has appointed Oliver Gadsby to the newly created position of president of its academic and professional division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-26 00:00:00 UTC ]
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Portsmouth newspaper's price rise a symptom of media malady

Newsprint buyers will vanish ever faster, but publishers have done too little with their digital products to make them attractive to readers or advertisersAlongside a range of cutbacks, one of the other major tactics employed by regional newspaper publishers is, of course, cover price rises.This... Continue reading at The Guardian

[ The Guardian | 2016-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital products #short term


Winter Institute 11: Report Finds $1 Billion Tax Gap Caused by Amazon

The American Booksellers Association and Civic Economics released a report on the devastating impact of online retailing on American communities in terms of lost state and local tax revenues. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
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Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Worldreader Report Tracks Ebook Downloads in Asia and Africa

What do readers in Africa and Asia really want? A new Worldreader report tracks millions of ebook downloads and reading trends across the regions. The post Worldreader Report Tracks Ebook Downloads in Asia and Africa appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #africa appeared #ebook downloads #reading trends


Redwood Media Group Acquires Two Art Shows

Publisher of Decor and Art Business News adds Red Dot Art Fair and Art Santa Fe to growing exhibitions division. The post Redwood Media Group Acquires Two Art Shows appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-14 00:00:00 UTC ]
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Canadian Indies Report Strong 2015

Independent bookstores across the country are reporting a very positive year, with some stores citing double-digit growth in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-13 00:00:00 UTC ]
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Book Groups Voice Concern About Hong Kong Booksellers

Five book industry organizations issued a statement expressing "extreme concern” about the mysterious disappearance of five employees of a Hong Kong publishing and bookselling company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
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Indie bookshops report Christmas sales boost

Independent bookshops have reported robust Christmas trading, with 72% saying sales increased on last year, reflecting a buoyant market for indie bookshops amid the best Christmas for physical book sales in five years. Continue reading at The Bookseller

[ The Bookseller | 2016-01-08 00:00:00 UTC ]
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Blackwell's reports 3.1% hike in Christmas sales

Blackwell’s continued the success of other brick and mortar retailers this Christmas, reporting a 3.1% like-for-like increase in sales over the festive period. Continue reading at The Bookseller

[ The Bookseller | 2016-01-07 00:00:00 UTC ]
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Why print book sales are rising, and books are getting longer

E-book sales have remained stagnant in 2015. But print book sales are up, and Harper Lee's latest novel and adult coloring books are the big winners. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-12-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book sales #harper lee #big winners


AAP Reports Trade Sales Down in August

Sales fell 11.3% in the adult books segment compared to August 2014 and sales in the children's/young adult category dropped 5.8%, according to AAP's monthly StatShot report. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
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Fairfax Media apologises to children's charity over wrong report on donations

Sydney Morning Herald report taken down from website as editor-in-chief concedes they understated money paid out by Humpty Dumpty FoundationFairfax Media has apologised to the Humpty Dumpty Foundation, a children’s charity, for an article that underestimated the charity’s return on... Continue reading at The Guardian

[ The Guardian | 2015-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #money paid #prominent apology