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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Woody Allen wrote a memoir, but couldn't find a publisher interested in buying it, the New York Times reports. The film director, who has faced turmoil after the re-emergence of allegations of sexual abuse, had no luck getting publishers interested in a manuscript he had written, according to the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-05-03 00:00:00 UTC ]
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Half of all Americans over the age of 12 have listened to an audiobook in the past year, according to a new consumer survey. Growth can be attributed to more people listening in cars and advances in technology. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-25 00:00:00 UTC ]
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Making educational materials available to all, regardless of students' disabilities, is the aim of the Benetech 'Global Certified Accessible' accreditation. The post Macmillan Learning Earns Benetech’s First ‘Global Certified Accessible’ Designation appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-04-16 00:00:00 UTC ]
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Caroline Duong thinks publishers should be looking to collaborate with micro—not macro—influencers online. Continue reading at The Bookseller
[ The Bookseller | 2019-04-11 00:00:00 UTC ]
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Bloomsbury Publishing’s median gender pay gap has grown to 21.7% in 2018 from 17.2% the year before although its mean figure fell slightly, according to its latest report. Continue reading at The Bookseller
[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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Stripes Publishing has struck a brace of deals at this year’s fair, inking a wild swimming adventure for teens and its first book in translation. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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Media agency metrics and cut-rate pricing are putting major pressure on the margins of publishers' branded content operations. The post ‘If we have to, we let them walk away’: Branded content margin pressure squeezes publishers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-04-01 00:00:00 UTC ]
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Children’s publisher Scholastic has revealed a median gender pay gap of 8.8%, a fraction up on last year’s 8.5% but still less half the national average of 17.9%. Continue reading at The Bookseller
[ The Bookseller | 2019-03-30 00:00:00 UTC ]
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In June, the IPA's seminar series for African publishing will address talent and readership development, digital opportunities, copyright protection, and more. The post The International Publishers Association’s Seminar Series in Nairobi: ‘Africa Rising’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-03-29 00:00:00 UTC ]
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Shaila Muñoz joins PRHGE with more than a decade working in the publishing industry, most recently at HarperCollins Christian Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
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The median gender pay gap at Macmillan Publishing International Limited has closed slightly to 28% in favour of women while the difference in bonus payments for men has risen, according to its new report. Continue reading at The Bookseller
[ The Bookseller | 2019-03-29 00:00:00 UTC ]
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Penguin Random House has acquired 30-year-old children's indie Little Tiger Group for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2019-03-28 00:00:00 UTC ]
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Revenue at Penguin Random House rose 1.9% in 2018 over 2017 and earnings increased 1.3%. PRH global CEO Markus Dohle said he expects to see more gains in 2019 due in part to more increases in digital audio sales and expanding global book markets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-26 00:00:00 UTC ]
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Artificial intelligence can now write fiction and journalism. But does it measure up to George Orwell – and can it report on Brexit?Will androids write novels about electric sheep? The dream, or nightmare, of totally machine-generated prose seemed to have come one step closer with the recent... Continue reading at The Guardian
[ The Guardian | 2019-03-25 00:00:00 UTC ]
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Costs for paid video distribution on Facebook has more than doubled year-over-year. The post Video Briefing: Rising costs on Facebook force publishers to rethink branded video distribution appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-03-13 00:00:00 UTC ]
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Total revenue at B&N in the third quarter ended January 26, 2019 was flat at $1.23 billion as retail sales rose 0.3% and Nook revenue fell 21%. Comparable sales were up 1.1%, but earnings fell slightly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-07 00:00:00 UTC ]
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Tom Fickling is to lead his father’s publisher as its new managing director, in addition to his work at the helm of sister company The Phoenix, after he succeeded Simon Mason in the role. Continue reading at The Bookseller
[ The Bookseller | 2019-02-18 00:00:00 UTC ]
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A 36-hour “flash” auction has seen Century buy a grammar guide by Benjamin Dreyer, long-time Random House copy chief and editor. Continue reading at The Bookseller
[ The Bookseller | 2019-02-16 00:00:00 UTC ]
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Strong sales of digital audio were a key contributor to a 13% increase in profits at HarperCollins in the second quarter ended December 31, 2018. In discussing second quarter results, Robert Thomson, CEO of HC parent company News Corp, criticized Audible's domination of the downloadable audio... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-08 00:00:00 UTC ]
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A strike at Canada Post late last year caused headaches at Indigo Books & Music, resulting in a dip in sales of 1.7% for the company's third quarter and a steep drop in earnings for the period. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-07 00:00:00 UTC ]
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