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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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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Global Publishing Leaders 2017: Penguin Random House

Penguin Random House is the world’s leading trade book publisher, comprised of nearly 250 imprints and brands on five continents, with more than 15,000 new titles and 800 million print, audio and ebooks sold annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Gina Miller to write 'rallying cry' memoir, Rise

Brexit legal challenger to write book about struggles in her work and personal life, as well as ‘offering guidance and confidence to women in particular’Inspired by Maya Angelou’s “tone of defiance in the face of increasing hostility, hate and defamation” in the classic poem Still I Rise,... Continue reading at The Guardian

[ The Guardian | 2017-08-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #parliamentary approval #uk government #publisher hopes #maya angelou


What Are Book Cover Designers and Editors Earning? The Freelance Reality

Ninety-five percent of freelance pros at the Reedsy Marketplace have worked for the Big Five. Now we know more about what they're making. The post What Are Book Cover Designers and Editors Earning? The Freelance Reality appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-19 00:00:00 UTC ]
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HC Profits Rise in Fiscal 2017

Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
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Indigo's Revenue Rises 6.8% in Q1 of Fiscal 2018

Indigo Books & Music got off to a strong start to fiscal 2018, posting a 6.8% sales gain in the first quarter ended July 1, 2017. The company cut its loss to C$5.3 million, from C$9 million in last year's first period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-09 00:00:00 UTC ]
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Mark Millar's superhero rise from comic book nerd to Netflix winner

How Scotsman made multi-million pound leap from page to screen with sale of Millarworld titles to US streaming giantLike many comic book writers and artists, Mark Millar’s love of comics began as a young child when his older brother would take him to comic book shops. But now the Scottish author... Continue reading at The Guardian

[ The Guardian | 2017-08-09 00:00:00 UTC ]
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US Publishers Association Statistics: Overall 4.9% Rise in First Quarter

The Association of American Publishers' StatShot program cites preliminary indications that its 1,202 publishers saw $2.33 billion in revenue in Q1. The post US Publishers Association Statistics: Overall 4.9% Rise in First Quarter appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-02 00:00:00 UTC ]
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Sheet Cheat: New Cookbooks Mark the Rise of Sheet-Pan Cooking

Nothing excites home cooks—or publishers—like a one-tool meal. And a spate of forthcoming titles tout one of the most humble kitchen essentials, the basic sheet pan, as the only thing you need to make a robust meal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-02 00:00:00 UTC ]
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Weekly E-Ranking: Sunday Morning Coming Down rises high

Nicci French's Sunday Morning Coming Down swipes the number one spot from Margaret Atwood's The Handmaid's Tale. Continue reading at The Bookseller

[ The Bookseller | 2017-08-01 00:00:00 UTC ]
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Sales rise at ‘fitter, faster’ CUP

Cambridge University Press has reported headline sales growth of 14% to £306m in its 2016/17 annual report, up from £268.8m in the previous year. Continue reading at The Bookseller

[ The Bookseller | 2017-08-01 00:00:00 UTC ]
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The Steady Rise of 'Not Giving a F*ck'

Mark Manson's style of "self-help for people who hate self-help" has become a hit for HarperOne, having sold nearly 350,000 hardcover copies since its September release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-28 00:00:00 UTC ]
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Profit and revenue rise in Elsevier's first half

Publisher Elsevier saw revenue up 11% in the first half of 2017, to £1,171m, although underlying growth was a more modest 2%. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Taylor & Francis sees first-half sales rise

The Taylor & Francis Group saw sales rise 11.3% year-on-year to £238.9m in the six months to 30th June 2017, although underlying growth was put at just 1.2%, suggesting the publisher saw a boost from foreign exchange and the weakened pound. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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3 dead in fire at Honolulu high-rise with no sprinklers

At least three people died and 12 were injured Friday in a fire at a Honolulu high-rise that was not equipped with sprinklers, authorities said, and hundreds fled the giant condominium complex as smoke billowed from the upper floors. The dead were found on the 26th floor, where the fire broke... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-07-15 00:00:00 UTC ]
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Lack of sprinklers raises concerns about older high-rise buildings across the U.S. after deadly Hawaii fire

At least three people died Friday after a fire blazed across the upper floor of a Honolulu high-rise, shooting flames and plumes of thick, black smoke out windows and causing hundreds of residents to evacuate. The 36-story tower was not equipped with sprinklers. The fire broke out on the 26th... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-07-15 00:00:00 UTC ]
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In the World of Books, Sharjah Is a Rising Star

Ten years ago, publishers might have struggled to find the emirate on a map. Today, it's home to a blossoming book scene, the Sharjah International Book Fair, and the hot Arabic-language kids' publisher Kalimat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-14 00:00:00 UTC ]
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Rates rises could see 275 towns lose bookshops, politicians told

Booksellers have appealed directly to politicians to reform business rates or risk 275 towns losing bookshops at a parliamentary reception in the House of Commons. Continue reading at The Bookseller

[ The Bookseller | 2017-07-13 00:00:00 UTC ]
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Authors for Grenfell total rises to £180k

Authors, agents and publishers have helped raise £180,597 through the Authors for Grenfell auction - £30,000 more than when it closed two weeks ago - with a David Walliams tea experience going for £12,000 and a lunch with Jonny Geller scooping more than £3,000. Continue reading at The Bookseller

[ The Bookseller | 2017-07-13 00:00:00 UTC ]
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