Charges Led to $3.4 Million Loss at Courier

Three one-time expenses contributed to a loss of $3.4 million at Courier Corp. in the second quarter ended March 29, 2014 compared to last year’s second period. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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Scribd Gets $22 Million in Funding

E-book subscription service Scribd has secured $22 million in financing led by Khosla Ventures and including new funds from existing investors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-05 00:00:00 UTC ]
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Former Microsoft CEO Steve Ballmer rides his replacement's success to $3 billion windfall

Microsoft's history books will undoubtedly remember 2014 as the year of Satya Nadella. But Steve Ballmer, his predecessor, is the one reaping the majority of the benefits of the new CEO's popularity. Sure, Nadella hit a $90 million jackpot when we took the top job at the world's second most... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-01-03 00:00:00 UTC ]
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James Patterson completes $1 million in donations to independent bookstores

'Here's to local governments waking up to the fact that bookstores and libraries are essential to our way of life,' Patterson said in a statement. 'Here's to media coverage of books, booksellers, and publishers, and to a wiser, more literate America.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-18 00:00:00 UTC ]
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News Corp UK suffers £3.5m loss after £51m profit the year before

Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at The Guardian

[ The Guardian | 2014-12-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #companies house #accounts filed #british newspaper #british newspapers #rupert murdoch #operating loss


Small loss for Faber in 'tough' year

Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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Woven Digital Raises $18 Million to Keep Pace With BuzzFeed, Vox, Vice

Another week, another digital media company with a big funding round.Woven Digital has raised $18 million in the company's second funding round since its 2010 launch. Woven intends to use the funding money to add more people to its ad sales and editorial teams, grow its video business into... Continue reading at Advertising Age

[ Advertising Age | 2014-12-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing tools #ad sales


Authors on the Air December 4, 2014: Pat Hackett

Pat Hackett, editor of 'The Andy Warhol Diaries' (Twelve, 9781455561452), will appear on Bravo’s 'Watch What Happens: Live' on Thursday, December 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-04 00:00:00 UTC ]
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History Press slashed losses in 2013

The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business. The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At... Continue reading at The Bookseller

[ The Bookseller | 2014-11-26 00:00:00 UTC ]
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Sales Rose 1% at Books-A-Million

Revenue at Books-A-Million rose 1.3%, to $101.2 million, compared to the third quarter last year, while the net loss stayed at $6.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-25 00:00:00 UTC ]
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Apple's $450 million ebooks settlement gets final approval

A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400... Continue reading at PC World

[ PC World | 2014-11-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook buyers #$20 million #ebook purchasers #$50 million #district court #fix prices #federal judge


FastPencil Hurts Courier's Earnings in Fiscal 2014

Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
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Hanley Wood Sells Exhibitions Business for $375 Million

  Hanley Wood has agreed to sell its exhibition businesses to Informa, a U.K.-based publishing and events company, for $375 million. The sale is expected to close by the end of 2014. Continue reading at Folio Magazine

[ Folio Magazine | 2014-11-18 00:00:00 UTC ]
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Time Inc. Locks in Outbrain's Headline Recommendations in $100 Million Deal

Time Inc., the nation's largest magazine publisher, has struck a deal making Outbrain the exclusive external provider of recommended stories for Time Inc.'s websites, including Time.com and People.com. Until now, Time Inc. had worked with a mix of the companies whose ubiquitous... Continue reading at Advertising Age

[ Advertising Age | 2014-11-18 00:00:00 UTC ]
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Open Road Dodges $1 Million Bullet in Copyright Case

Judge Naomi Reice Buchwald has denied HarperCollins’ bid to recover more than $1 million in attorney fees from Open Road in its infringement case over an ebook edition of Jean Craighead George's 'Julie of the Wolves.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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Authors on the Air November 4, 2014: Eric Lichtblau

Eric Lichtblau, author of 'The Nazis Next Door: How America Became a Safe Haven for Hitler’s Men' (HMH, 9780547669199) will appear on NPR’s 'Fresh Air' on Wednesday, November 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-04 00:00:00 UTC ]
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Authors on the Air November 3, 2014: Simon Rich

Simon Rich, author of 'Spoiled Brats' (Little, Brown, 9780316368629), will appear on WNYC’s 'Leonard Lopate Show' on Monday, November 3, and NBC’s 'Late Night with Seth Meyers' on Tuesday, November 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-03 00:00:00 UTC ]
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PW Picks: Books of the Week, November 3, 2014

This week: new Richard Ford, how music was captured, and classic children's books get gnarly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-31 00:00:00 UTC ]
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Book People results reveal pre-buyout losses

The Book People has said it will stay vigilant in “assessing the changing marketplace” going forward, after recording a £6.8m loss last year. Annual financial results for the year to December 2013 filed on Companies House have revealed the online and book delivery service’s losses nearly... Continue reading at The Bookseller

[ The Bookseller | 2014-10-30 00:00:00 UTC ]
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A Stellar New Fantasy Novel and 4 Other Books We’re Reading This Month

This month, we’re balancing some quick reads---a Jonathan Franzen-blessed debut and a slim companion volume from one of our favorite new(-ish) fantasy writers---with Walter Isaacson’s latest blockbuster on the history of technological innovation, along with a few other selections. Attention,... Continue reading at Wired

[ Wired | 2014-10-28 00:00:00 UTC ]
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Reed Elsevier revenue grows by 4%

Underlying revenue at Reed Elsevier increased 4% over the first nine months of the year, although print book sales declined.   The information company released an interim management statement yesterday (24th October) saying that although revenues in the scientific, technical and medial... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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