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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Portfolio Penguin will publish a “jaw-dropping” biography of Sir Philip Green in a deal reportedly worth £100,000, however the retail tycoon has said he is considering legal action over the book. Continue reading at The Bookseller
[ The Bookseller | 2018-03-15 00:00:00 UTC ]
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Since President Trump took office, California has been the epicenter of the resistance, home to countless protests, marches, impromptu airport rallies and, of course, commentary of various kinds on Facebook and Twitter. But it’s all been done at a distance, because Trump has avoided California.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-11 00:00:00 UTC ]
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Mention “pop science” in China and one blockbuster comes to mind: The Magic School Bus. It has remained the #1 children’s title since its launch in 2010, with online retailer Dangdang selling nearly half a million copies in an average year. On Singles’ Day—which is the equivalent of Black Friday... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller
[ The Bookseller | 2018-02-23 00:00:00 UTC ]
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On the 50th anniversary of The Tiger Who Came to Tea, author and illustrator Judith Kerr talks about creating the classic picture book, despite failing a module in book illustration at art school. Continue reading at The Bookseller
[ The Bookseller | 2018-02-21 00:00:00 UTC ]
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Greer Hendricks and Sarah Pekkanen keep the top slot one more week with their 'The Wife Between Us,' while Kristin Hannah's 'The Great Alone' climbs to #2 Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-21 00:00:00 UTC ]
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As fewer Americans identify as religious or spiritual, more books champion secular views while other more Christian authors battle back by asserting Biblical truth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
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Fourth quarter sales rose 12% at S&S while earnings jumped 22%. These gains helped the publisher to an 8% sales gain for the full year, with earnings up 11% over 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
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Sales of David Walliams’ Bad Dad helped revenue at HarperCollins grow by $3 million year-on-year in the second quarter to $469 million. Continue reading at The Bookseller
[ The Bookseller | 2018-02-10 00:00:00 UTC ]
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Mark Zuckerberg recently shared that Facebook is revamping the news feed to prioritize content from friends over content from brands, businesses and publishers. Facebook's stock price dropped 5 percent immediately following the announcement. This change should not be taken lightly. While... Continue reading at AdWeek
[ AdWeek | 2018-01-27 00:00:00 UTC ]
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Scottish booksellers have trumpeted a strong year of trade in 2017, despite economic uncertainty and competition from online retailers. Rosamund de la Hey, The Mainstreet Trading Company, Golden Hare Books, Lighthouse Bookshop, Mairi Oliver, Marie Moser, The Edinburgh Bookshop Continue reading at The Bookseller
[ The Bookseller | 2018-01-19 00:00:00 UTC ]
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Foyles’ sales were marginally up in value terms in December, despite the mini-chain being hit by a drop in footfall, which it said was a result of adverse weather and roadworks outside its flagship branch on Charing Cross Road in London. Continue reading at The Bookseller
[ The Bookseller | 2018-01-12 00:00:00 UTC ]
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Indie bookshops are kicking off 2018 with confidence after the majority reported sales rises over the Christmas period, but some some have urged publishers to take more risks and work harder to build authors into brands this year. Continue reading at The Bookseller
[ The Bookseller | 2018-01-12 00:00:00 UTC ]
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'Never have the voices of writers and their allies been so essential,' says the leadership of the merging Los Angeles and New York City chapters of PEN. And one of the most robust lifestyle-and-wellness publishers in the States is now part of PRH. The post Merger Notes: Two PEN Chapters, and... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-11 00:00:00 UTC ]
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Penguin Random House has purchased the trade book publishing assets of US wellness publisher Rodale Books from Hearst. Continue reading at The Bookseller
[ The Bookseller | 2018-01-11 00:00:00 UTC ]
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Sainsbury’s and Blackwell’s have reported positive book sales over the Christmas period, with Pete Selby, head of books at the supermarket, saying that gift purchases are now "shifting" from other entertainment to books. Continue reading at The Bookseller
[ The Bookseller | 2018-01-05 00:00:00 UTC ]
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Only 14 of 205 respondents to an unprecedented Authors Guild survey said that 100 percent of their income is from translation and related activities. The post Authors Guild Survey Points to Translators’ Challenges in Year Ahead: Earnings, Contracts, Credit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-16 00:00:00 UTC ]
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Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Hindi pulp fiction writer Surender Mohan Pathak has been made 'the Agatha Christie of India' by HarperCollins India's Minakshi Thakur, now at Westland. The post The Rise of Surender Mohan Pathak: HarperCollins India Wins Big With Hindi Pulp Fiction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-06 00:00:00 UTC ]
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Unit sales of print books rose 2% in the week ended Nov. 19, 2017, over the comparable week in 2016 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-24 00:00:00 UTC ]
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