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 ]
News tagged with: #bertelsmann reports #quarter decline #bertelsmann #penguin random house

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Bertelsmann 'realigns' printing business, will close Nuremberg site

Bertelsmann plans to close its Nuremberg printing site by April 2021, and has begun immediate talks with employee representatives, with around 670 permanent staffers and 250 contract workers affected. Continue reading at The Bookseller

[ The Bookseller | 2019-04-11 00:00:00 UTC ]
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NLT report reveals decline in children reading for pleasure

The number of children and young people who read every day and the percentage of those who read for pleasure have declined, according to research carried out by the National Literacy Trust for World Book Day. Continue reading at The Bookseller

[ The Bookseller | 2019-03-05 00:00:00 UTC ]
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Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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Bertelsmann unveils 'Content Alliance' between its German businesses

As of the start of February, Bertelsmann is to launch what it is calling a Content Alliance between all its content businesses in Germany, to develop and market collaborative formats across all its divisions. Continue reading at The Bookseller

[ The Bookseller | 2019-01-30 00:00:00 UTC ]
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Bertelsmann reports highest nine-month group sales since 2007

Penguin Random House's parent company Bertelsmann has reported its highest nine-month group sales since 2007, with a 2.4% rise in revenue year-on-year to €12.4bn. Continue reading at The Bookseller

[ The Bookseller | 2018-11-09 00:00:00 UTC ]
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Apple hits back hard at Bloomberg over Chinese spying report

The company posted its strong rebuttal of a disturbing Bloomberg exposé. Bloomberg Businessweek this morning published a bombshell story that had all the juicy elements: spying, tech giants, foreign intrigue. According to the report, tiny microchips were found hidden on servers sold to top tech... Continue reading at Fast Company

[ Fast Company | 2018-10-04 00:00:00 UTC ]
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Declining Facebook reach squeezes publishers’ branded-content business

Declining organic reach and increasingly demanding marketers have compelled publishers to spend more on branded-content distribution on Facebook. The post Declining Facebook reach squeezes publishers’ branded-content business appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-22 00:00:00 UTC ]
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Rights Report: Week of February 19, 2018

New deals this week for Holly Goldberg Sloan, Meg Wolitzer, Nahoko Uehashi, Akwaeke Emezi, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-22 00:00:00 UTC ]
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Indigo Reports Its Highest Quarter Revenue Ever

Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at Publishers Weekly

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Vice suspends 2 top executives after sexual misconduct report

Vice Media has suspended two top executives after a New York Times report on sexual misconduct at the digital media company. Vice has suspended its president, Andrew Creighton, and chief digital officer, Mike Germano, as it investigates allegations against them, according to a company memo sent... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-03 00:00:00 UTC ]
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Welsh-language novels 'enjoying golden age' despite reported sales decline

Despite news this week that sales had fallen dramatically, the Welsh Books Council’s chief says that the sector is showing real growthThe head of the Welsh Books Council (WBC) has hailed a “golden age for the Welsh-language novel” despite reports of a dramatic decline in sales.BBC Cymru Fyw... Continue reading at The Guardian

[ The Guardian | 2017-11-03 00:00:00 UTC ]
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Thalia sales up 2% despite high street footfall decline

German bookstore chain Thalia reported preliminary figures in line with expectation for fiscal 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Bloomsbury revenue up 19% in first quarter

Total revenues at Bloomsbury were up 19% year-on-year for the three months ending 31st May 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-07-19 00:00:00 UTC ]
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The Internationalist Viewpoint: A Report on ‘The Business of Books’

'A brutal pattern has become firmly established,' reads the new Frankfurt Book Fair Business Club white paper on the international industry. The post The Internationalist Viewpoint: A Report on ‘The Business of Books’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-17 00:00:00 UTC ]
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Bertelsmann boosts education business with WhiteCloud acqusition

Penguin Random House parent company Bertelsmann has acquired WhiteCloud Analytics, a performance management firm, to boost its education business. Continue reading at The Bookseller

[ The Bookseller | 2017-06-07 00:00:00 UTC ]
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Treasury hits back at 'scaremongering' on business rates

The Treasury has hit back at so-called "scaremongering" reports, reassuring businesses that the vast majority will see no change to their business rate bills in April.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Childwise report says print reading declines in teen years

Children aged 9-16 spend as much time reading online as reading print materials, although the number of young people reading books, comics and magazines drops in the teenage years, according to a new report. Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Bertelsmann reports 'record' nine-month operating result

Penguin Random House's parent company Bertelsmann, which has a 53% stake in PRH, says it is expecting its annual group profit to exceed one billion after reporting a record operating result for the first nine months of its current fiscal year. Continue reading at The Bookseller

[ The Bookseller | 2016-11-11 00:00:00 UTC ]
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US publishers' sales decline 2.7% in first quarter

American publishers experienced a 2.7% decline in revenues in the first quarter of 2016 to $2.14bn (£1.65bn) compared to the same period in 2015, according to data released by the Association of American Publishers (AAP). Continue reading at The Bookseller

[ The Bookseller | 2016-09-22 00:00:00 UTC ]
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