Bloomsbury predicts annual profit 'well ahead' of market expectation

In a trading update, Bloomsbury has said it expects its annual revenue and profit to be "well ahead" of market expectations for the financial year ending 28th February 2021, although down on 2020's figures. Continue reading at 'The Bookseller'

[ The Bookseller | 2021-01-29 02:27:52 UTC ]
News tagged with: #market expectation #trading update #annual revenue #bloomsbury

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Quarto sees 2020 revenue fall 7% but profits rose

The Quarto Group saw revenue fall 7% year on year in 2020 to $126.9m (£91.5m) although adjusted operating profit increased to $10.6m (£7.6m) in the same period. Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 10:24:18 UTC ]
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Quarto Profits Rose in 2020 Despite Sales Decline

The decision to focus its 2020 list on books that could perform well online, in nontraditional outlets, and in digital formats led to a 6% increase in operating profits at Quarto last year, while revenue declined 7%, to $126.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-22 04:00:00 UTC ]
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Truth, profits and the purpose of journalism | Letters

Integrity is in short supply in many newsrooms, argues Michael Newman, while Eddie O’Brien says journalists must do more to reflect opposing views in their reports Clive Myrie nails down much of what is eating away at the heart of modern written journalism (What is journalism for? The short... Continue reading at The Guardian

[ The Guardian | 2021-03-16 17:09:27 UTC ]
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Sponsored Content: how on-demand printing can help publishers break into new markets

Across the publishing industry, there has been a growing shift towards a strategy of on-demand, and the disruptive events of 2020 and Covid-19 have only accelerated these changes. Continue reading at The Bookseller

[ The Bookseller | 2021-03-14 04:55:45 UTC ]
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W H Smith extends financing arrangements after 'better than expected' sales

W H Smith has extended its bank financing arrangements, including extending two existing £200m term loans to October 2023, and reported a “better than expected” performance in the first part of 2021. Continue reading at The Bookseller

[ The Bookseller | 2021-03-09 15:38:01 UTC ]
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‘We don’t have visibility’: Google’s ad targeting limits expose publishers with reliance on open programmatic market and first-party data weakness

Most digital publishers connect to Google’s ad tech in some way, but those reliant on open programmatic ad exchanges, and without robust first-party data solutions, could be hurt by Google's data decisions. The post ‘We don’t have visibility’: Google’s ad targeting limits expose publishers with... Continue reading at Digiday

[ Digiday | 2021-03-08 05:01:00 UTC ]
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Bloomsbury launches Book House platform

Bloomsbury has launched a platform to make it easier to purchase books from its popular categories. The move comes as the publisher reveals a shift in consumer reading choices throughout 2020 and 2021's lockdown periods.  Continue reading at The Bookseller

[ The Bookseller | 2021-03-05 05:15:37 UTC ]
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Russian Market Looks to Children’s Books for 2021 Growth

Some children's book publishers in Russia forecast growth in 2021, but another publisher cautions that 'oversupply' and 'low-quality books' are problematic. The post Russian Market Looks to Children’s Books for 2021 Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-04 17:10:20 UTC ]
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International markets showed mixed response to pandemic in 2020

While the pandemic sent shockwaves across the world’s publishing industry in 2020, some international markets reported strong performances with the US posting record-breaking sales while Australia also saw a major boost. Continue reading at The Bookseller

[ The Bookseller | 2021-02-25 01:03:16 UTC ]
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Sourcebooks Forms E-Commerce and Online Marketing Department

The expanded department’s objective, Sourcebooks said, is to drive online sales for all of the publisher’s retail partners. The unit will be overseen by Mike Zuccato. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-23 05:00:00 UTC ]
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Bookstat chart: Kirk goes out Ahead in digital

J D Kirk’s Ahead of the Game (Zertex Crime) headed straight into the Bookstat e-book chart number one for the week ending 13th February. Continue reading at The Bookseller

[ The Bookseller | 2021-02-18 09:27:21 UTC ]
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Joan Didion’s ‘Let Me Tell You What I Mean’ shows a writer ahead of her time

Didion’s writing has often revealed what was previously hidden, parsed what was unconscious. Continue reading at The Washington Post

[ The Washington Post | 2021-02-09 13:00:00 UTC ]
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Bloomsbury partners with Woodland Trust

Bloomsbury has pledged to work with the Woodland Trust for three years, following a donation the publisher made to sponsor a one-acre grove in Surrey.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-08 18:21:57 UTC ]
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Loh to depart as Bloomsbury US shuffles consumer division leadership

Bloomsbury is overhauling the structure of its consumer division executive team in the US, with publishing director Cindy Loh leaving at the end the month.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-08 06:33:51 UTC ]
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Loh Leaving Bloomsbury Amid Restructuring

Following the restructuring of the consumer division of Bloomsbury USA, publishing director Cindy Loh and two other employees are leaving the publisher. Adrienne Vaughan, Bloomsbury USA executive director and COO, will assume the publishing director duties. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-08 05:00:00 UTC ]
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Macmillan Learning Announces Winners of First Annual “Black History, Black Stories” Contest

The contest was created by Macmillan Learning "to elevate Black voices in education and in recognition of the fight for social justice inspired by the #BlackLivesMatter movement." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-05 05:00:00 UTC ]
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The New York Post Made a Profit. Really.

News Corp reported a decline in its overall revenue and a pretax profit of $497 million for the three months ending in December. Continue reading at The New York Times

[ The New York Times | 2021-02-04 23:45:40 UTC ]
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Bloomsbury lands two from Sheila Armstrong

Bloomsbury is to publish Sheila Armstrong's debut short story collection How to Gut a Fish, and a first novel, after securing the rights at auction.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-03 17:00:01 UTC ]
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Macmillan Restructures Central Digital Marketing Team

Macmillan Publishers has made a series of personnel changes to its central digital marketing team in order to restructure the team’s core functions of marketing, metadata, data analysis, and web development. Cristina Gilbert has been promoted to senior v-p of publishing and marketing strategy. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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Bloomsbury lands Henn Kim's graphic poetry debut

Bloomsbury is to publish Starry Night, Blurry Dreams, a debut collection of graphic poetry by Henn Kim.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-01 14:31:00 UTC ]
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