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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With the young adult boom in full swing, Norwegian publisher and authors look to expand into the lucrative market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-21 00:00:00 UTC ]
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The estate of Joseph Goebbels, Adolf Hitler’s minister for propaganda during the Second World War, is suing publisher Random House Germany for using an extract from his diaries. The biography Goebbels, published in Germany in 2010 under the Siedler imprint, is by Peter Longerich, professor of... Continue reading at The Bookseller
[ The Bookseller | 2015-04-21 00:00:00 UTC ]
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Nazi minister’s estate sues Random House Germany and imprint Siedler over the use of extracts from his diariesThe estate of Joseph Goebbels, Adolf Hitler’s minister of propaganda, is taking legal action against the publisher Random House over a new biography, claiming payment for the use of... Continue reading at The Guardian
[ The Guardian | 2015-04-18 00:00:00 UTC ]
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Penguin Random House will offer its audiobooks, though not its ebook titles, via the Scribd subscription service. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-16 00:00:00 UTC ]
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Random House Books has bought a book about the importance of spending time alone. Senior editor Harry Scoble bought UK and Commonwealth rights to Solitude by Michael Harris from Anne McDermid at Anne McDermid and Associates. Harris’ début, The End of Absence (Portfolio Penguin), explored the... Continue reading at The Bookseller
[ The Bookseller | 2015-04-11 00:00:00 UTC ]
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The Hachette Book Group and Penguin Random House have both issued statements commending Indiana legislators for revising the Religious Freedom Restoration Act. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-06 00:00:00 UTC ]
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Total revenue at Penguin Random House rose 25.2% in 2014 to 3.32 billion euros, while EBITDA increased 24.5% to 452 million euros. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-31 00:00:00 UTC ]
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The debut of the trailer of the film adaptation shot John Green's 2008 novel to the #2 spot. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-25 00:00:00 UTC ]
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##2 spot
Denmark-based Egmont Group said it achieved its “best year ever” in 2014, as pre-tax profit for the year totalled €127m (£92.5m), a 36% increase from 2013. All divisions recorded improvements in their underlying operations and overall revenues for 2014 grew 10% to €1.6bn (£1.2bn). Ebitda... Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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As companies from BuzzFeed to Hulu prepare to pitch advertisers on their "premium"video series at the Digital Content NewFronts, it's perhaps time for a reminder that plenty of, well, arguably non-premium content creators are already good friends with marketers.So here's a look at 20 of the most... Continue reading at Advertising Age
[ Advertising Age | 2015-03-18 00:00:00 UTC ]
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Low advances, deep discounting and the problem of author earnings were on the agenda at a Trade Question Time discussion panel at the Scottish Book Trade conference in Edinburgh yesterday (24th February). A return to a limited Net Book Agreement and a cultural change in publishers' attitudes... Continue reading at The Bookseller
[ The Bookseller | 2015-02-26 00:00:00 UTC ]
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Foyles reported a loss last year due to the closure of its Westfield White City branch and the move of its new flagship store, although sales were up 2.2%. Results for the year to 30th June 2014 show that the six-shop mini-chain slipped into a loss of £600,000, up from a profit of £100,000 in... Continue reading at The Bookseller
[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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Revenue at Simon & Schuster declined 3.8%, to $778 million, in 2014 while operating profit dropped 5.6%, to $101 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-12 00:00:00 UTC ]
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Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-02-12 00:00:00 UTC ]
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Meredith is soon going to have to be designated the best magazine company in the country. The post Meredith Rises and AMI Recedes With the Acquisition of Shape appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-01-28 00:00:00 UTC ]
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Schoolchildren’s increased interest in books attributed to school campaigns and better targeting by publishersDespite a myriad of new media competing for their attention, Danish children are bucking the trend and reading more books today than they did 14 years ago.A survey of 1,999... Continue reading at The Guardian
[ The Guardian | 2015-01-26 00:00:00 UTC ]
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Research shows median income for all authors is now below $5,000, though ‘hybrid’ authors who use both traditional and self-publishing are doing bestAlmost a third of published authors make less than $500 (£350) a year from their writing, according to a new survey, with around a half of writers... Continue reading at The Guardian
[ The Guardian | 2015-01-23 00:00:00 UTC ]
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Random House Books has bought a “fascinating exploration of the workings of human memory”. Senior editor Harry Scoble acquired UK and Commonwealth (excluding Canada), US and exclusive European rights to The Memory Illusion by Dr Julia Shaw from Kirsty McLachlan at David Godwin Associates. Continue reading at The Bookseller
[ The Bookseller | 2015-01-21 00:00:00 UTC ]
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The number of youngsters reading for pleasure has declined sharply, but this sector of publishing is booming – which results in some very strange mathsAre children reading less – or more? I’m confused. If less, then what happened to the 854,262 copies of John Green’s The Fault in Our Stars that... Continue reading at The Guardian
[ The Guardian | 2015-01-15 00:00:00 UTC ]
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'American Sniper,' the memoir by the former Navy SEAL Chris Kyle, ousted Laura Hillenbrand’s 'Unbroken' from the top spot on Apple’s iBooks bestseller list, for the week ended January 12. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-13 00:00:00 UTC ]
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