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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Greenberg, who is currently executive editor at Grand Central Publishing, will join Random House on January 11. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
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WH Smith boss Stephen Clarke has been awarded a 56% pay rise this year, taking home £3.9m including bonuses in 2015. Continue reading at The Bookseller
[ The Bookseller | 2015-12-08 00:00:00 UTC ]
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Second quarter net income fell 9.5% at Barnes & Noble Education on a 0.6% increase in revenue. Comp sales fell 3.0%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian
[ The Guardian | 2015-12-07 00:00:00 UTC ]
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Self-publishing is "exploding" in the Spanish language book market, and Penguin Random House is making the U.S. Hispanic market a priority. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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Effective January 1, 2016, all Penguin ebooks purchased by libraries after January 1 will be licensed on a perpetual access model. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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City Section teams are off to good starts. Crenshaw is 2-0 in the El Monte tournament. Dorsey knocked off Windward. Fairfax and Taft are preparing to begin their seasons next week. But the team to watch is Westchester (2-0). The Comets, led by 6-foot-7 San Jose State-bound Keith Fisher, earned... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-11-26 00:00:00 UTC ]
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Norwich-based regional publisher increases cover prices at 40 titles Three months after posting its first revenue and profit growth in eight years, regional newspaper publisher Archant has increased cover prices at most of its titles.In a message to the National Federation of Retail Newsagents... Continue reading at The Guardian
[ The Guardian | 2015-11-18 00:00:00 UTC ]
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The publisher has announced an accelerated publishing schedule for the bestselling author that will see the release of 12 Steel titles in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-10 00:00:00 UTC ]
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Libby McGuire will be stepping down as executive v-p and publisher of Ballantine Bantam Dell at the end of the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-05 00:00:00 UTC ]
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Lower ebook sales were the major factor in dropping EBITDA by 24% in the quarter ended September 30, 2015 at HarperCollins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-05 00:00:00 UTC ]
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Revenue at the Big Five house increased 2% in the third quarter, rising to $203 million. Bestselling adult titles in the quarter included 'The Survivor' by Vince Flynn and Kyle Mills, and this year's Pulitzer Prize-winner for fiction, Anthony Doerr's 'All the Light We Cannot See.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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'The Name of God Is Mercy: A Conversation with Andrea Tornielli' will be published in January 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-30 00:00:00 UTC ]
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Revenue at Bloomsbury Publishing rose 13% in the six months ended August 31, 2015 compared to the same period a year ago, but pretax profit dipped to £342,000 from £509,000. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-27 00:00:00 UTC ]
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Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014). Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading at The Bookseller
[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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A number of big bestsellers helped to offset 'weaker' ebook sales in the third quarter, Pearson reported. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-21 00:00:00 UTC ]
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David Ebershoff, who has distinguished himself as both an editor of literary bestsellers and an author of them, is leaving his job as editor to focus on his job as author. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-21 00:00:00 UTC ]
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Despite a sluggish global economy and political turmoil, official attendance for the 2015 Frankfurt Book Fair rose modestly over 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-19 00:00:00 UTC ]
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From editorial assistants to senior VP’s, this is how much people who work in publishing reported earning last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-16 00:00:00 UTC ]
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Ahead of the Frankfurt Book Fair, Ed Nawotka reflects on the up-and-coming stars, those in the spotlight and behind the scenes, of the publishing world. The post At Frankfurt, It’s Time for the Superheroes of Publishing to Rise appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-10-13 00:00:00 UTC ]
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