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 ]
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More support needed as Covid-19 hits author earnings, say MPs

More targeted support is needed for the country’s “fragile creative and cultural sectors” beyond emergency funding, according to a new report into the impact of coronavirus on the UK’s authors and writers.  Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 05:20:25 UTC ]
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Report Urges Library Leaders to Address Decline in Public Library Usage Stats

In 'The Freckle Report 2021,' veteran London-based bookseller, library advocate, and former Waterstones managing director Tim Coates warns that U.S. public library usage is in decline—and he suggests library leaders must do more to reverse the slide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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The UK’s Publishers Association 2020 Report: ‘In the Face of COVID’

Amid the challenges of the pandemic year 2020, the United Kingdom's overall publishing market rose 2 percent. The post The UK’s Publishers Association 2020 Report: ‘In the Face of COVID’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-26 23:05:27 UTC ]
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Springer Nature Reports on 2020: ‘Sustainable Business’

In both corporate social responsibility and in content production as a major academic publisher, Springer Nature had a big 2020. The post Springer Nature Reports on 2020: ‘Sustainable Business’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-08 13:54:00 UTC ]
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PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
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Transworld lands 'visionary' Portas on post-Covid business

Transworld Publishers has acquired Rebuild: How to do Business Better by retail guru Mary Portas, a "visionary toolkit for how to weather the post-pandemic storm in business". Continue reading at The Bookseller

[ The Bookseller | 2021-02-18 15:35:50 UTC ]
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New Report Offers Post-Pandemic Outlook for Book Business

In a free 50-page report released this week, three veteran publishing and digital media consultants offer a postmortem on 2020 and a glimpse at what the future holds for publishers, booksellers, libraries and readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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AT&T cuts more than 8,700 workers in third quarter amid Covid-19

The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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Five excellent new thrillers and mysteries take us back to the pre-covid-19 era

Val McDermid, Brad Parks and Ann Cleeves have new novels to distract readers from reality. Continue reading at The Washington Post

[ The Washington Post | 2020-10-05 12:00:00 UTC ]
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V&A to close dedicated bookshop and cut 10% of staff as Covid-19 hits finances

The Victoria & Albert Museum is closing its dedicated bookshop and making 103 roles redundant across its retail and visitor experience teams as the Covid-19 crisis hits its finances. Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 09:58:53 UTC ]
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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 ]
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S&S acquires Pope Francis' 'inspiring' guidance for Covid-hit world

Simon & Schuster is to publish Let Us Dream from Pope Francis in December.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 17:32:34 UTC ]
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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 ]
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Collins' Beyond Entrepreneurship 2 goes to Random House Business

American writer and consultant Jim Collins, author of Good to Great, is releasing an "ambitious upgrade" of his first book, Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company, previously unpublished in the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-08-19 15:02:55 UTC ]
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Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
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SoA launches fundraising drive as money for Covid-hit writers runs low

The Society of Authors is launching a fundraising drive to help top up its Authors’ Contingency Fund, ensuring it can continue to offer hardship grants to authors as the effects of the health crisis continue to be felt.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-09 17:04:03 UTC ]
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Evening Standard to cut 115 jobs as Covid-19 hits advertising

Print edition of London paper will remain but focus will shift to digital and mobile platformsCoronavirus – latest updatesSee all our coronavirus coverageThe Evening Standard is to cut 115 jobs, a third of its staff, as the London freesheet seeks a dramatic reduction in costs to survive the... Continue reading at The Guardian

[ The Guardian | 2020-08-07 10:58:35 UTC ]
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CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
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Academic lists likely to be hardest hit by pandemic, new report finds

A report by consultancy Maverick Publishing Specialists says academic presses will be hit hard by falls in university revenue, while trade firms also face challenges in moving to a more agile, digital business model.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 00:40:12 UTC ]
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