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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A new report from Author Earnings previews what the Digital Book World Conference audience is likely to hear in "Data Guy's" keynote address. The post Digital Arachnid: What Does Author Earnings Say to the Industry? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-02-09 00:00:00 UTC ]
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The Nielsen Consumer Confidence Index combined with Bookscan data offers a snapshot of what's happening in global book publishing markets. The post Confidence Rising (Mostly): Nielsen’s Whirlwind Overview of World Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-29 00:00:00 UTC ]
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Newsprint buyers will vanish ever faster, but publishers have done too little with their digital products to make them attractive to readers or advertisersAlongside a range of cutbacks, one of the other major tactics employed by regional newspaper publishers is, of course, cover price rises.This... Continue reading at The Guardian
[ The Guardian | 2016-01-26 00:00:00 UTC ]
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New study reveals Julia Donaldson, David Walliams and JK Rowling lead the top 1% of authors, who account for nearly a third of all UK book salesThe gap between publishing’s rich and poor continues to widen, as figures from Nielsen BookScan reveal that the top 50 authors account for more than 13%... Continue reading at The Guardian
[ The Guardian | 2016-01-15 00:00:00 UTC ]
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E-book sales have remained stagnant in 2015. But print book sales are up, and Harper Lee's latest novel and adult coloring books are the big winners. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-12-23 00:00:00 UTC ]
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Markus Dohle, CEO of Penguin Random House, added a video component to his annual year-end letter to employees this year which served to highlight the bestselling and award-winning titles the company published this year as well as the progress the company has made in the integration of Penguin... Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
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USC wide receiver JuJu Smith-Schuster was voted to the second team of All-America teams selected by the Associated Press and the Football Writers Assn. of America. Baylor's Corey Coleman and Texas Christian's Josh Doctson were first-team selections. Smith-Schuster, a sophomore, has 85 receptions,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-12-15 00:00:00 UTC ]
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One of the most important -- yet thankless -- jobs in the world is being a teacher. Many educators are underpaid and under-appreciated. In some underfunded districts, teachers are forced to make do without essentials, like books and pencils -- a really sad state of affairs. Luckily, technology... Continue reading at Betanews
[ Betanews | 2015-12-15 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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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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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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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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