Earnings, Margins Rise at Random

Although worldwide sales at Random House fell 4.3% in 2011, the company posted its highest earnings and operating margins in at least five years. EBIT (earnings before interest and taxes) rose 6.9%, to 185 million euros, with an operating margin of 10.6%, a full percentage point higher than 2010. Between 2007 and 2011, sales on a reported basis fell 4.8%, while operating EBIT jumped 35.0%. Cost cutting, including consolidating office space in Random’s New York headquarters, and lower returns due to higher ebook sales contributed to the higher profits in 2011. The sales decline was due to a combination of the negative impact of foreign exchange and a decline in print sales. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
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Penguin Random House’s Global Social Impact: Claire von Schilling

Vowing to address its own workforce demographics, Penguin Random House releases a Global Social Impact site on corporate responsibility. The post Penguin Random House’s Global Social Impact: Claire von Schilling appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-14 20:00:57 UTC ]
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PEN America, Penguin Random House Partner on ‘Book the Vote’

First rolled out during the 2018 US midterm elections, the 'Book the Vote' program offers voter information and political literature. The post PEN America, Penguin Random House Partner on ‘Book the Vote’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-12 23:41:35 UTC ]
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The rise of the CIA and the decline of America’s moral standing

Scott Anderson argues that politicians and bureaucrats corrupted an idealistic agency. Continue reading at The Washington Post

[ The Washington Post | 2020-10-09 11:00:00 UTC ]
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Earnings Soared at EDC in Q2

Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
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Jamia Wilson Named Executive Editor at Random House

Wilson, previously executive director and publisher of the Feminist Press, has been named v-p and executive editor at Random House effective January 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-30 04:00:00 UTC ]
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EUP reports 2% sales rise as Wright retirement announced

Edinburgh University Press has reported a 2% rise in sales for the year to end 31st July 2020 and announced that c.e.o. Timothy Wright will retire next year. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 09:03:36 UTC ]
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Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal

PRH Grupo Editorial gets translation rights to English-language titles from Wattpad Book, a world Spanish exclusive. The post Spain’s Penguin Random House Grupo Editorial and Canada’s Wattpad Strike Rights Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-08-28 01:10:03 UTC ]
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Penned in the Margins does book deals with Overall and Pugh

Independent literary publisher Penned in the Margins has acquired two non-fiction titles, one of which re-imagines pilgrimage while the other recasts the city as a pastoral retreat. Continue reading at The Bookseller

[ The Bookseller | 2020-08-26 02:11:54 UTC ]
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Collins' Beyond Entrepreneurship 2 goes to Random House Business

American writer and consultant Jim Collins, author of Good to Great, is releasing an "ambitious upgrade" of his first book, Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company, previously unpublished in the UK. Continue reading at The Bookseller

[ The Bookseller | 2020-08-19 15:02:55 UTC ]
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Sales, Earnings Down at HC in Fiscal 2020

An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Penguin Random House Extends Temporary E-book, Digital Audio Terms for Libraries

Terms of sale first enacted in March to help librarians during the Covid-19 crisis will now run through the end of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Cars.com shares soar after Q2 earnings beat

Shares in Cars.com Inc. rose nearly 20 percent in mid-day trading Thursday after the company announced quarterly financial results that bettered analysts' expectations. The Chicago online automobile marketplace reported second-quarter revenue fell 31% to $102 million from a year earlier and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-30 17:33:07 UTC ]
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CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
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Talking “Breasts and Eggs” with Japan’s Rising Literary Star, Mieko Kawakami

Mieko Kawakami, whose poignant and pointed debut novel Breasts and Eggs is this season’s LARB’s Book Club selection, joins Medaya Ocher and Boris Dralyuk to discuss her career as a musician, poet, blogger, and author, the challenges facing women around the world, the state of Japanese... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-07-24 17:23:00 UTC ]
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Penguin Random House Extends Open License for Online Readings Through 2020

The program was first announced in March to encourage digital read-aloud sessions for libraries and schools forced to close by the novel coronavirus outbreak. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-20 04:00:00 UTC ]
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The Bookseller's Rising Stars 2020 unveiled

The annual Rising Stars list of industry catalysts reaches its 10th instalment with the Class of 2020, and judging by their forebears’ success, this year’s batch have plenty to look forward to. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 13:02:11 UTC ]
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Humble Bundle Rises to New Challenges

The platform, which sells DRM-free digital content and gives some of the proceeds to nonprofits, has helped raise $450,000 for indie booksellers and comics retailers since the start of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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Leigh Stein’s ‘Self Care’ chronicles the rise and reckonings of the girlboss era

The author’s debut novel presciently captures the girlboss era right as it seems to be coming to an end. Whether you loved them or hated them, few entrepreneurs generated more buzz in the 2010s than so-called “girlbosses”—young, mostly white, female founders who disrupted industries including... Continue reading at Fast Company

[ Fast Company | 2020-06-30 05:00:00 UTC ]
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A rising tide of returning book-buyers lifts all boats

After 12 long weeks, bookshops re-opened in England last week—and the book-buying public unquestionably chose bookshops. The UK lockdown from 23rd March closed bricks-and-mortar shops across the country, with supermarkets the only physical outlets to buy a book and Amazon dominating online... Continue reading at The Bookseller

[ The Bookseller | 2020-06-25 17:57:17 UTC ]
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Lockdown learning helps education market rise as study guides’ sales surge

Though Nielsen has been unable to provide volume sales throughout the lockdown, the presence of multiple study guides in the bestseller lists points to a relative purple patch for the education sector. Continue reading at The Bookseller

[ The Bookseller | 2020-06-19 11:00:02 UTC ]
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