Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
News tagged with: #cut costs #bloomsbury

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'Fire and Fury' Sales Hit 1.7 Million

Despite early concerns that Henry Holt may have underestimated demand for 'Fire and Fury,' the Macmillan imprint said it has sold roughly 1.7 million copies of the White House tell-all since its January 5 release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-25 00:00:00 UTC ]
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Children’s Books Salon: International Issues, Trends, and Rights Sales

Close to 30 international publishers are spending two days in New York City to meet with US acquisitions editors and publishing executives in the first Children's Books Salon organized by the Frankfurter Buchmesse New York and Publishing Perspectives. The post Children’s Books Salon:... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-24 00:00:00 UTC ]
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Open Book closes as library centralisation and cuts hit

A government move to offer library supply contracts to foreign firms has spelled the end for the 27-year-old Open Book Company, with six roles affected and the wider trade outraged. Continue reading at The Bookseller

[ The Bookseller | 2017-07-03 00:00:00 UTC ]
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Sales Rose 15% at Bloomsbury in 2017

Led by strong gains in its children’s publishing division, revenue at Bloomsbury rose 15% in the fiscal year ended February 28, 2017 over fiscal 2016. Profits slipped, however, dropping to £9.4 million from £10.3 million in fiscal 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-18 00:00:00 UTC ]
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The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process

The process of selling the storied magazine giant comes with an added, intangible price. The post The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-05-03 00:00:00 UTC ]
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In Sales and Marketing Salaries, Gender Inequality Remains a Major Issue

Part three of our annual salary survey looks at compensation levels for publishers, account executives, and marketing directors. The post In Sales and Marketing Salaries, Gender Inequality Remains a Major Issue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-22 00:00:00 UTC ]
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Audible's Harry Potter audiobooks hit one million unit sales

Sales of J K Rowling’s Harry Potter audiobooks through Audible have already reached one million copies, according to the company. Continue reading at The Bookseller

[ The Bookseller | 2016-04-01 00:00:00 UTC ]
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Declining E-Book Sales Hit Home

Softening sales for digital books have impacted the bottom lines at HarperCollins and Simon & Schuster, according to both companies' recent earnings reports. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-06 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Bloomsbury sales up 13% boosted by children's

Bloomsbury Publishing's sales grew 13% in the first half of the year, boosted by a particularly strong performance from the children’s and educational department. For the six months ending 31st August 2015, turnover totalled £52.7m, 13% higher than £46.6m for the same period in 2014. Adjusted... Continue reading at The Bookseller

[ The Bookseller | 2015-10-28 00:00:00 UTC ]
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Harry Potter magic continues at Bloomsbury as sales grow

Magician series among children’s books boosting revenue at publishing house, with pre-tax profits at £1.9m Harry Potter publisher Bloomsbury has reported a jump in half-year sales after a strong performance from educational and children’s books. Sales were up 11.6% to £52.7m in the six months to... Continue reading at The Guardian

[ The Guardian | 2015-10-27 00:00:00 UTC ]
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Six Months Sales Up at Bloomsbury, But Earnings Dip

Revenue at Bloomsbury Publishing rose 13% in the six months ended August 31, 2015 compared to the same period a year ago, but pretax profit dipped to £342,000 from £509,000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-27 00:00:00 UTC ]
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Graphic Novel Sales Hit $460 Million in 2014

Graphic novel sales hit a high of $460 million in 2014, and remain strong this year, even as comics periodical sales have hit a soft patch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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Cost-cutting Newsquest/Gannett goes on the acquisition trail

US-based publisher adds 29 titles to its portfolio by buying the Romanes groupNewsquest, the US-owned regional newspaper group with more than 200 titles in the UK, has acquired 29 more by buying the Romanes Media group. Romanes publishes one daily newspaper, the Greenock Telegraph in Scotland,... Continue reading at The Guardian

[ The Guardian | 2015-05-26 00:00:00 UTC ]
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Indigo Cuts Loss on 3% Sales Increase

Total revenue rose 3% at Indigo Books & Music in the year ended March 28, 2015 over fiscal 2014, and its net loss fell from $31 million last year to $3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
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New Harry Potter illustrated editions spell rising sales for Bloomsbury

Publisher also has high hopes for its 2015 fiction list, which includes new novels from William Boyd and Margaret AtwoodHarry Potter has conjured up another year of wizard sales for Bloomsbury, helping the publisher to ride out a decline in income from adult fiction.Sales of the boy wizard’s... Continue reading at The Guardian

[ The Guardian | 2015-05-19 00:00:00 UTC ]
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Hachette UK sales hit by VAT change

Sales at Hachette UK fell 4% year-on-year for the first quarter of 2015, partially due to an “unfavourable” VAT effect on ebooks, parent company Lagardere has said. Hachette UK said it had “steady sales in print and digital” in the first quarter of the year, with its performance “broadly in... Continue reading at The Bookseller

[ The Bookseller | 2015-05-13 00:00:00 UTC ]
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Self-published Rodgers hits a million in sales

Self-published author Sheila Rodgers has sold a million copies of her ebook Only the Innocent and two sequels, agent Lizzy Kremer has confirmed. Rodgers, who writes under the pen name Rachel Abbott, sold her books through Amazon Kindle after being rejected by literary agents. The first, Only... Continue reading at The Bookseller

[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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