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 ]
News tagged with: #print sales #company posted #operating margins #operating margin #cost cutting #negative impact #foreign exchange

Other Publishing stories related to: 'Earnings, Margins Rise at Random'


Random's Edition of 'Rabbit' Sells 10,000 Copies in Two Days

Random House Children’s Books’ edition of 'The Rabbit Who Wants to Fall Asleep' sold just over 10,000 copies in its first two days on sale, according to data from Nielsen BookScan which tracks about 85% of all print sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fall asleep #nielsen bookscan #print sales


My Job in 5: Helen Chapman, Picture book designer, Penguin Random House UK

Describe your role My job title is picture book designer but people outside the industry always think that I must illustrate all the books! Unfortunately I’m not that talented (though I do a mean stick man) so I end up describing my job as being an editor for the illustrators. Working in... Continue reading at The Bookseller

[ The Bookseller | 2015-09-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #job title #editorial team #designing covers


FBF names Rising Stars ‘funded’ trio

Georgina Capel Associates rights manager Valeria Huerta, The Pigeonhole editorial director Anna Jean Hughes and SAGE executive director, product innovation Martha Sedgwick have been awarded funded trips to this year’s Frankfurt Book Fair by the event’s organisers. Continue reading at The Bookseller

[ The Bookseller | 2015-09-18 00:00:00 UTC ]
More news stories like this |


New Guild Survey Reveals Majority of Authors Earn Below Poverty Line

In its first study on author income since 2009, the Authors Guild delivers some jarring, if unsurprising, data. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #poverty line


As Mexico Rises, Rights Center at Guadalajara Book Fair Gets Boost

The Guadalajara Book Fair's Rights Center, which offers 125 tables, is sold out, further proof of Mexico's growth as a center for Spanish rights activity. The post As Mexico Rises, Rights Center at Guadalajara Book Fair Gets Boost appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #boost appeared #rights center


Sales of 'Rabbit' Rise Again

'The Rabbit Who Wants to Fall Asleep' sold about 35,000 copies in outlets that report to Nielsen BookScan last week, a 20% increase over the week that ended August 23. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fall asleep #nielsen bookscan #20% increase


Random House Germany drops hard DRM

German publishers are speedily bidding goodbye to Adobe DRM (Digital Rights Management) on their ebooks. What started as a trickle earlier this year has now become an unstoppable torrent with Random House Germany the latest (and largest) of the major publishing groups to exit hard-DRM. Citing... Continue reading at The Bookseller

[ The Bookseller | 2015-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #german publishers #digital books #october 1st


The Rise of the Engagement Editor and What It Means

Will Federman figured his first job out of journalism school would be at a digital media startup. Instead, he ended up at a legacy magazine that last year launched a standalone website.   But nothing about Federman’s job responsibiliti ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #journalism school #standalone website


The rise of the fall

While half of the publishing industry has taken advantage of the brief August lull to spend a fortnight in Devon reading Elena Ferrante, the reality—as many a hard-pressed publicist can testify—is that the autumn rush is almost upon us. In under a fortnight, Jamie Oliver’s Everyday Super Food... Continue reading at The Bookseller

[ The Bookseller | 2015-08-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry #jamie oliver #starting gun


'Solid' Quarto half-year revenues rise 1%

The chief executive of The Quarto Group, Marcus Leaver, said the company achieved a “solid” set of results in the first half of the year, with revenues rising 1% compared to the same period a year earlier.   For the six months ending 30th June 2015, revenues totalled $66.2m (£42.4m), 1% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-08-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year earlier #quarto group #marcus leaver #1% higher


Financial Times will now have Rising Sun ethics

Being sold to Nikkei brings a Japanese-style code of behaviourThe FT has not joined the Independent Press Standards Organisation, or its rival Impress project; it is doing its own regulation thing. And it’s worth pausing over that decision as the Pink One becomes a Rising Sun under Nikkei... Continue reading at The Guardian

[ The Guardian | 2015-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers association #circulation practices #good sense


iBooks Bestsellers: ‘Paper Towns’ Rises, ‘Watchman’ Falls

Days after the film adaptation of 'Paper Towns' hit theaters, John Green's 2008 novel hit #1 on Apple's iBooks bestseller list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #paper towns #film adaptation #hit theaters #john green #hit #1


Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales rise #education division #sharp decline #south africa


Jaipur Lit Festival Expands to Colorado, Marginalized Americans

The ZEE Jaipur Literature Festival comes to Boulder, Colorado this September and will focus on on Native American, Latino literature and more. The post Jaipur Lit Festival Expands to Colorado, Marginalized Americans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-21 00:00:00 UTC ]
More news stories like this |


Angels On The Rise In Religion Books

Books about angels are growing increasingly popular with six titles expected for release over the next few months. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #religion books #titles expected


My Job In 5: Ania Duggan, Commissioning Editor- Audio, Penguin Random House Group UK

Describe your role I project manage the creation of our audiobooks by a wide range of fiction and non-fiction authors. This involves reading manuscripts and identifying books to record, acquiring audio rights if necessary, casting the right voices to bring stories to life and arranging... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wide range


Self-Published Audiobook Rights on the Rise, says IPR License

IPR License is reporting that demand for self-publishing audiobook rights has risen 58% over the first half of 2015. The post Self-Published Audiobook Rights on the Rise, says IPR License appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ipr license


iBooks Bestsellers: Paper Towns Rises to #3

John Green’s 'Paper Towns' ascended to #3 on Apple’s iBooks bestseller list for the week ended on July 6. E.L. James’s 'Grey' took the top spot on the list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #john green #paper towns #week ended


Graphic Novel, Comics Market Rises to $935 Million in 2014

Led by increases in the book trade, 2014 sales of graphic novels and periodical comics in North America rose in every sales channel except the newsstand, where sales of periodical comics declined. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales channel #graphic novels #book trade #periodical comics


Local World profits rise to £43.6m

Daily Mail and Trinity Mirror, shareholders in local newspaper publisher, to share £25m after adjusted profits for 2014 go up 12%Local World reported a 12% rise in adjusted profits last year to £43.6m, netting shareholders the Daily Mail and Trinity Mirror more than £25m to share.David... Continue reading at The Guardian

[ The Guardian | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily mail #trinity mirror #12% rise #nottingham post