Bertelsmann revenues 'highest for seven years'

Bertelsmann has reported its highest revenues in seven years, at €11.82bn for the first nine months of 2014, up 4.3% year-on-year from €11.33bn, with the formation of Penguin Random House among factors contributing "significantly" to the increase. Operating EBITDA was €1.48bn to the end of September 2014, compared to €1.46bn the previous year. Continue reading at 'The Bookseller'

[ The Bookseller | 2014-11-14 00:00:00 UTC ]
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L.A. Convention Center books 30 major gatherings for 2016, a 30% jump from last year

The Los Angeles Convention Center has booked 30 major conventions for 2016, a 30% increase over last year and a new record for big multi-day gatherings at the city facility. The conventions this year include a celebration of comic books and movies, a gathering of experts on allergies and a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-04-19 00:00:00 UTC ]
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Media Websites Battle Faltering Ad Revenue and Traffic

Changes in technology like ad blocking, and the dominance of platforms like Facebook leave many publishers unsure of how they will make money. Continue reading at The New York Times

[ The New York Times | 2016-04-18 00:00:00 UTC ]
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BEA 2016: Lise Solomon is PW's Rep of the Year

Solomon is held in high regard in her Bay Area territory as a passionate reader, but Solomon said that is only part of what she does: “It’s also about being a passionate advocate,” she says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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BEA 2016: Books Inc is PW's Bookstore of the Year

Having weathered every challenge possible since its 1851 founding, Books Inc. demonstrates its commitment to bookselling, even in difficult circumstances. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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Amazon's Kindle Oasis: The Highest-End High-End Kindle So Far

For years, the conventional wisdom about Amazon's Kindle e-reader was that the company, which likes to say that it wants to make money when customers use its products, would eventually make buying ebooks irresistible by offering a Kindle e-reader for free. But Amazon has refused to play along.... Continue reading at Fast Company

[ Fast Company | 2016-04-13 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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Rights of Passage in a New Year of Trade Shows

As the 'Wall of Content' rises, the heart of the publishing trade show, its rights transactions, becomes all the more vital — as we see this week at London Book Fair. The post Rights of Passage in a New Year of Trade Shows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-12 00:00:00 UTC ]
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Guardian First Book Award to close after 17 years

The Guardian First Book Award is to close after 17 years due to a crowded "awards landscape" and the financial constraints of running the prize. Continue reading at The Bookseller

[ The Bookseller | 2016-04-08 00:00:00 UTC ]
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Nobel prize winners and stocking fillers – 65 years in the murky waters of London publishing

Ernest Hecht set up Souvenir Press from his bedroom in 1951. Now, following the death of Lord Weidenfeld, he is the last of the group of remarkable Jewish émigrés who transformed postwar British publishingA 65th birthday is a milestone but – now the official retirement age has been abolished –... Continue reading at The Guardian

[ The Guardian | 2016-04-02 00:00:00 UTC ]
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20 Years of ‘New Books in German’

For twenty years, journal ‘New Books in German’ has provided insight and guidance about German literature to editors and publishers from around the world. The post 20 Years of ‘New Books in German’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-01 00:00:00 UTC ]
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BBC investigation finds 8,000 library jobs lost in six years

Widespread library closures across the UK have resulted in the loss of almost 8,000 jobs in the last six years, according to a report by the BBC. Continue reading at The Bookseller

[ The Bookseller | 2016-03-30 00:00:00 UTC ]
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Educational Development Corp. Doubled Revenue in 2016

Sales hit $63.7 million in the fiscal year ended February 29, 2016, up from $32.5 million in the prior year, according to unaudited results released by the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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Bertelsmann 'eyes 70-75% stake in PRH'

Bertelsmann chief executive Thomas Rabe has said he would "feel comfortable" owning between 70-75% of Penguin Random House in the future. Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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'Read wisely,' Sceptre urges as it marks 30th year

Hodder & Stoughton literary imprint Sceptre will mark its 30th anniversary this year with a series of events and promotions, branded with a motto that says "Read wisely. Read Sceptre." Continue reading at The Bookseller

[ The Bookseller | 2016-03-22 00:00:00 UTC ]
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Bertelsmann plans to raise stake in Penguin Random House

German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian

[ The Guardian | 2016-03-22 00:00:00 UTC ]
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Hill: 2016 to be 'tough' year for CUP Academic

Mandy Hill, m.d. of the academic publishing division at Cambridge University Press, has said 2016 "is going to end for us as a very tough year", with the business facing "big internal changes which will result in reduced output". Continue reading at The Bookseller

[ The Bookseller | 2016-03-18 00:00:00 UTC ]
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Quarto achieves 'most profitable year' as Chadwick steps down

The Quarto Group has seen its "most profitable year ever", the company said, while announcing its chairman Tim Chadwick has decided to step down from the board. Continue reading at The Bookseller

[ The Bookseller | 2016-03-18 00:00:00 UTC ]
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Egmont global publishing revenues down 1%

Egmont Group, the Scandinavian media group that owns Egmont Publishing, said 2015 was a "satisfactory” year, as revenues increased 1.5% to €1.6bn (£1.25bn). Continue reading at The Bookseller

[ The Bookseller | 2016-03-16 00:00:00 UTC ]
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Books Inc. Named 2016 PW Bookstore of the Year; Solomon Rep

In a California sweep, both 165-year-old Books Inc., the oldest bookstore in the West, and Lise Solomon with the Karel/Dutton Group took this year’s PW Awards, which will be presented at BookExpo America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-16 00:00:00 UTC ]
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