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 ]
News tagged with:
#print sales
#operating margins
#cost cutting
#negative impact
#foreign exchange
Median annual income of professional writers is now under £10,500—down by 15% since 2013—according to ALCS research, with hourly rates well below minimum wage. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#minimum wage
#professional writers
Richard Combes examines the findings of the Authors Licensing and Collecting Society's author earnings survey. Continue reading at The Bookseller
[ The Bookseller | 2018-06-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#collecting society
#authors licensing
The awards recognize the nation’s “most innovative public libraries and librarians for community-based library programs that engage citizens in reading and strengthen the social and cultural fabric of their community.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#grant recipients
#library awards
The political debate is paying off for publishers of political books, NPD's data indicates, with major titles leading a nonfiction boost that shows up not just in print but also in ebook sales. The post NPD Group Sees 32-Percent Rise in US Political Books, Year to Date appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#ebook sales
#political books
The All Party Parliamentary Writers Group has launched an inquiry into authors’ earnings. Continue reading at The Bookseller
[ The Bookseller | 2018-06-15 00:00:00 UTC ]
More news stories like this |
Lincoln in the Bardo by George Saunders was named Audiobook of the year at the annual Audie Awards, presented by the Audio Publishers Association in the US. The post George Saunders’ ‘Lincoln in the Bardo’ Tops 2018 Audie Awards for Random House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#random house
#george saunders
Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#earnings rose
The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#6% increase
#big jump
Strong backlist and digital audio sales led to a 6% increase in revenue in the quarter ended March 30, 2018 over the comparable period a year ago at HarperCollins and earnings rose 16%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#6% increase
Ian McEwan, the award-winning author, has admitted feeling "a little dubious" about people being compelled to study his books, after helping his son with an essay about his own novel and receiving a C. Continue reading at Stuff
[ Stuff | 2018-05-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#award-winning author
#ian mcewan
In a groundbreaking study of more than two million books published in North America between 2002 and 2012, scholars found that books by women authors are priced 45% less than those of their male counterparts. The researchers, sociologist Dana Beth Weinberg and mathematician Adam Kapelner, both... Continue reading at Fast Company
[ Fast Company | 2018-04-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#price gap
#queens college-cuny
#women authors
#book author
#male counterparts
Random House has acquired '#NeverAgain: A New Generation Draws the Line' by teen siblings David and Lauren Hogg, who survived the school shooting in Parkland, Fl. The book is set for a June 5 release. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
##neveragain
#random house
Faber has signed two books by "rising star of investigative journalism", Lyra McKee. Continue reading at The Bookseller
[ The Bookseller | 2018-04-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#investigative journalism
#lyra mckee
#rising star
#faber signs
“Audiobooks are the golden child of publishing at the moment,” said Orna O’Brien, conference manager of Quantum, the digital conference that preceded the opening of the London Book Fair on Monday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#digital conference
#golden child
Foyles battled flooding in its flagship store, a decrease in footfall following terrorist attacks in the UK and “significant” rates rises last year to deliver an overall increase in turnover of 6.4% to £26.6million. Continue reading at The Bookseller
[ The Bookseller | 2018-04-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#terrorist attacks
#flagship store
Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#earnings drop
Sono Rosenberg, a longtime copy editor for Random House who worked with authors including Maya Angelou and James Michener, died at her home in New York on March 12. She was 98. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#random house
A crop of new cookbooks are updating heirloom recipes for a modern age (and for modern kitchens), bringing dishes like Steak Diane and Oysters Rockefeller back into the spotlight. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#modern age
Unit sales of print books in the week ended Mar. 12, 2018, inched ahead 1% over the comparable week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#print books
#early march