Cairns Out, Montgomery Up at Publishing Technology

Publishing Technology has announced that CEO Michael Cairns has stepped down, effective immediately after the Board projected a net loss for the year. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-09-22 00:00:00 UTC ]

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News Corp’s Stephanie Layser Is Tired of Big Tech Bullying

Covid-19 has hit publishers especially hard, from lost revenue due to keyword blocking and changing consumer news preferences. News Corp has been deeply affected, suffering a net loss of $1 billion in the third quarter of 2020. Stephanie Layser, vp of advertising technology at News Corp, spoke... Continue reading at AdWeek

[ AdWeek | 2020-07-15 19:21:32 UTC ]
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Chronicle Books Offering Extra Discount to Indies

Effective immediately, Chronicle Books is giving indie retailers an extra 5% discount and 90-day dating on its standard 10-unit minimum. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-16 04:00:00 UTC ]
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Olin expands board to add activist investor's picks

Olin Corp. said Monday that it has added two directors to its board as part of a new agreement with activist investor Sachem Head Capital Management LP, which owns about a 9.5% interest in the chemical manufacturer. Olin said Scott Ferguson, Sachem Head's founder and managing partner, and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-03-02 17:51:21 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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RWA President, Executive Director Resign as Publishers Drop Its Annual Conference

As of this morning, new RWA president Damon Suede has tendered his resignation, effective immediately. Executive director Carol Ritter has also offered her resignation. A number of publishers, including imprints from each of the Big Five, have all pulled support from the RWA's national... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
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Witte Promoted at SMPG

George Witte has been promoted to senior v-p and editor-in-chief of the St. Martin's Publishing Group, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-06 05:00:00 UTC ]
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WaterBrook and Multnomah Announces New Publisher, More Promotions

As part of a series of promotions at WaterBrook and Multnomah, Laura Barker has been named executive v-p and publisher of the Penguin Random House imprints, effective immediately. She was previously v-p, editor-in-chief. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-04 05:00:00 UTC ]
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Damon Reiss Named V-P, Publisher of W Publishing

Thomas Nelson has appointed Damon Reiss to v-p, publisher of its W Publishing imprint, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Ingram Expands Christian Retail Presence

Ingram Content Group announced Genesis Marketing Group will represent its Christian marketing division, Spring Arbor, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-04 04:00:00 UTC ]
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Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Quad Posts Q2 Net loss on Lower Revenue

Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
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Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Highlights Sells Boyds Mills to Kane Press

Highlights has sold its trade book publishing arm to Kane Press, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-02 04:00:00 UTC ]
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S&S Moves Saga Press to Gallery

In a memo sent to Simon & Schuster employees, Jennifer Bergstrom, senior v-p and publisher of the Gallery Publishing Group, said that effective immediately, the Saga Press imprint, created in 2015, will move from the Children’s Publishing Group to Gallery. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-20 00:00:00 UTC ]
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Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
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As Publishers Build Experiential Events, Bustle Digital Group’s Newest Acquisition Will Help It Compete

Bustle Digital Group acquired Flavorpill Media Inc. to build out the company's experiential programming, Bustle said. Additional terms of the acquisition, which is effective immediately, were not made public. Flavorpill Media Inc. is an online publisher and experiential brand that launched in... Continue reading at AdWeek

[ AdWeek | 2018-08-15 00:00:00 UTC ]
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News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing... Continue reading at The Guardian

[ The Guardian | 2018-08-10 00:00:00 UTC ]
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Kate Lewis named chief content officer of Hearst Magazines

Hearst Magazines on Wednesday named Kate Lewis chief content officer, succeeding Joanna Coles, who left following the ascension of Troy Young to president.Effective immediately, Lewis will direct content strategy across print and digital for the company's magazine brands, oversee... Continue reading at Advertising Age

[ Advertising Age | 2018-08-08 00:00:00 UTC ]
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B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Cheiffetz Joins Atria, Launches New Imprint

Julia Cheiffetz has joined Simon & Schuster's Atria Publishing Group as v-p and publisher of a yet-to-be-named imprint, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-19 00:00:00 UTC ]
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