Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at 'The Bookseller'

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
News tagged with: #group revenues #organic growth #operating ebitda #group profit

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Bloomsbury reports sales surge as people buy books as ‘affordable diversion’

Harry Potter publisher says in challenging economic times books are seen as cheap form of entertainmentBloomsbury Publishing, the home of Harry Potter, has revealed a rise in annual sales as it said people were turning to books as a cheap form of entertainment as finances were squeezed.Sales of... Continue reading at The Guardian

[ The Guardian | 2023-05-31 13:38:54 UTC ]
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FTX founder Sam Bankman-Fried ‘let me see everything’ for new book, says Michael Lewis

The Big Short author was given unlimited access to failed cryptocurrency exchange founder for Going Infinite: the Rise and Fall of a New TycoonMichael Lewis, the bestselling author of The Big Short and Flash Boys, will tell the story of the cryptocurrency exchange founder Sam Bankman-Fried in... Continue reading at The Guardian

[ The Guardian | 2023-05-16 14:28:23 UTC ]
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Bookstore Sales Rose 11.9% in First Quarter

Three months of double-digit increases resulted in bookstore sales rising to $2.07 billion in the first quarter of 2023, from $1.83 billion in the first period of 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-16 04:00:00 UTC ]
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West Baltimore native sees his parents’ interracial relationship as ‘testimony to the power of ordinary people to remake America’

CNN reporter and West Baltimore native John Blake wishes he could give a copy of his new memoir to his mother for Mother's Day. Continue reading at Baltimore Sun

[ Baltimore Sun | 2023-05-11 11:00:00 UTC ]
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Not for Profit: Spotlight on Judith Van Ginkel

In Chasing Success, the author leverages a wealth of experience to offer lessons and best practices for nonprofit leaders, funders, policymakers, and students. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-06 04:00:00 UTC ]
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S&S Posts Record Quarter, Could Be Sold by End of Year

Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
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Lit Agent Sees 'No Shrinking Back' on DEI

Jevon Bolden, an activist for agents and authors of color, praises religion publishers' DEI intentions, then prods them for progress. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
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Watch the first trailer for Netflix’s adaptation of All The Light We Cannot See.

Fans of Anthony Doerr’s 2014 Pulitzer Prize winning novel All The Light We Cannot See have something to chew on today, with the release of the first trailer for Netflix’s adaptation, directed by Deadpool and Stranger Things(?!) producer Shawn Levy. Steven Knight, creator of Peaky Blinders,... Continue reading at Literrary Hub

[ Literrary Hub | 2023-04-18 15:16:59 UTC ]
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Sales Fell in First Quarter at Hachette Book Group

HBG CEO Michael Pietsch attributed the 11% decline to a strong first quarter in 2022, plus “a generally softer market, especially for hardcovers.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-18 04:00:00 UTC ]
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Large Trade Publishers See Flat Sales for 2022

Higher costs and lower sales led to disappointing results at three of the four largest trade publishers last year, reviving an old publishing mantra. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-14 04:00:00 UTC ]
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New Comic Book Publisher Sees Creators as Partners, and Stockholders

DSTLRY hopes to improve the treatment of creators in the industry by offering an opportunity to reap the benefits of their characters and content. Continue reading at The New York Times

[ The New York Times | 2023-04-13 16:26:24 UTC ]
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Nollywood could see a major boost from Nigeria's new copyright law - an expert explains why

Nigeria’s president, Muhammadu Buhari, recently signed the copyright law. Its provisions will be beneficial only if it is well implemented. Continue reading at The Conversation

[ The Conversation | 2023-04-11 14:35:53 UTC ]
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Cover reveal: See the cover for Daniel Mason’s North Woods.

Literary Hub is pleased to reveal the cover for Pulitzer Prize finalist Daniel Mason’s North Woods, “a sweeping novel about a single house in the woods of New England, told through the lives of those who inhabit it across the centuries,” which will be published by Random House in September.... Continue reading at Literrary Hub

[ Literrary Hub | 2023-04-11 14:00:21 UTC ]
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HBG Sees Gains, Setbacks in its DEI Initiatives

In its fourth annual report on how its diversity, equity, and inclusion efforts are progressing, HBG said 61% of new hires last were BIPOC employees, bringing the percentage of BIPOC staff members to 36.4% of its total workforce. However, progress stalled in expanding BIPOC representation at... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-11 04:00:00 UTC ]
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‘I Googled “white guy” and there I was’: stock photo models on seeing their faces in everything from ads to ridiculous memes

Some of them posed for photos – and before they knew it they had become the face of skin lightening, bad boyfriends, penis disorders and Canadian immigration. What’s it like when your image goes around the world?Stock images are everywhere, and you probably rarely notice them: on billboards and... Continue reading at The Guardian

[ The Guardian | 2023-04-08 09:00:18 UTC ]
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See the cover for Jesmyn Ward’s new novel, Let Us Descend.

Literary Hub is pleased to reveal the cover for two-time National Book Award winner Jesmyn Ward’s latest novel, Let Us Descend, “a haunting masterpiece about an enslaved girl in the years before the Civil War,” which will be published by Scribner this October. “In each book since my second... Continue reading at Literrary Hub

[ Literrary Hub | 2023-04-07 14:00:15 UTC ]
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First-Quarter Bestsellers

Prince Harry’s memoir has sold more than a million copies since its January release, making it the #1 book in 2023 so far. But the year is still young, and Colleen Hoover and Dav Pilkey are hot on Harry’s heels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Print Books Held Steady in the First Quarter

Unit sales of print books dipped only by 0.3% in the first three months of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Profits Jumped at Quarto Group in 2022

Despite a decline in sales, cost controls and a rebound in its custom publishing operation led to a 67% jump in profits for Quarto Group in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-31 04:00:00 UTC ]
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Profits Fell 11% at Penguin Random House in 2022

Sales at Penguin Random House rose nearly 5% in 2022, but rising costs resulted in an 11.8% decline in earnings, which dropped to €666 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-30 04:00:00 UTC ]
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