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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The division published best-selling books by Ta-Nehisi Coates, Trevor Noah and more. Its closing is the latest move by Penguin Random House to streamline operations. Continue reading at The New York Times
[ The New York Times | 2019-01-26 00:00:00 UTC ]
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Car manual publisher Haynes saw group profit before tax boom by almost a quarter (23%) for the six months ending 30th November 2018. Continue reading at The Bookseller
[ The Bookseller | 2019-01-25 00:00:00 UTC ]
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WH Smith has reported a “strong trading performance” for Christmas trading, with total sales up 6%. Continue reading at The Bookseller
[ The Bookseller | 2019-01-24 00:00:00 UTC ]
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The new name for the indie press signals a new direction for the company. “We want to make room for more voices, increasingly engaging visuals, and an expansive view of the world within our house,” said publishing director Jennifer Newens. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-22 00:00:00 UTC ]
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Lipstadt, a Holocaust scholar, explores questions about the ancient causes and newest forms of hatred against Jews in her book ‘Antisemitism: Here and Now.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-22 00:00:00 UTC ]
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Penguin Random House completed moving its Penguin staff members that had been working on Hudson St. to 1745 Broadway, where Random House has long had its headquarters, on January 2. PW talked with PRH US CEO Madeline McIntosh about the move. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
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Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian
[ The Guardian | 2019-01-16 00:00:00 UTC ]
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Authors Guild survey finds writers’ incomes have fallen dramatically in five years – with literary novelists worst-hitA major survey of American authors has uncovered a crash in author earnings described as “a crisis of epic proportions” – particularly for full-time literary writers, who are “on... Continue reading at The Guardian
[ The Guardian | 2019-01-08 00:00:00 UTC ]
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The Booksellers Association has reported a second year of growth in its independent bookshop membership, with 15 new shops joining the trade body in 2018. Continue reading at The Bookseller
[ The Bookseller | 2019-01-06 00:00:00 UTC ]
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Bestsellers including Michelle Obama’s Becoming cited as reasons for success, with industry voices praising sector for fourth consecutive year of growthFormer first lady Michelle Obama’s memoir, Becoming, which sold more than half a million copies in less than two months, has helped the UK book... Continue reading at The Guardian
[ The Guardian | 2019-01-03 00:00:00 UTC ]
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Publisher says it hopes to help the #ReadtheOnePercent pop-up store in south London ‘smash its target’ of £30,000, which it is crowdfunding in order to become permanentPenguin Random House has pledged £15,000 to south London’s #ReadtheOnePercent bookshop, which only stocks children’s books with... Continue reading at The Guardian
[ The Guardian | 2018-12-19 00:00:00 UTC ]
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Union inroads into media have many observers predicting a better long-term future for beleaguered newsroom employees. The post Rise in union activity is clashing with digital publishing’s business struggles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-12-17 00:00:00 UTC ]
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In his annual year-end letter to staff, Penguin Random House CEO Markus Dohle cited the success of 'Becoming', a long list of literary awards and best book citations, and the continued global growth of audiobook sales as 2018 highlights. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-13 00:00:00 UTC ]
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Charlotte Cray will be promoted to editorial director at HarperFiction imprint The Borough Press as of 1st January, 2019. Continue reading at The Bookseller
[ The Bookseller | 2018-12-11 00:00:00 UTC ]
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For a second time in two years, the Association of American Publishers cites a rise in ebook revenues, as downloaded audio charges ahead as the main gainer. The post AAP StatShot Monthly Report for October: A Rare Rise for Ebooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-12-08 00:00:00 UTC ]
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The annual list of the industry’s most powerful, influential and admired features a record number of women, a fractionally improved BAME turnout, and a familiar figure as The Bookseller 101st. Continue reading at The Bookseller
[ The Bookseller | 2018-12-07 00:00:00 UTC ]
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The All Party Writers Group (APWG) has delayed the report divulging the results of its authors' earnings inquiry until June 2019 to "expand the scope" of the investigation. Continue reading at The Bookseller
[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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The book artwork gallery and bookshop Illustration Cupboard will close for business after this year’s winter exhibition because of rising rents in central London. Continue reading at The Bookseller
[ The Bookseller | 2018-12-05 00:00:00 UTC ]
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Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-05 00:00:00 UTC ]
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