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
#operating margins
#cost cutting
#negative impact
#foreign exchange
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 ]
More news stories like this | All news stories tagged with:
#cultural change
#author earnings
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 ]
More news stories like this | All news stories tagged with:
#flagship store
#sales rise
#year due
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 ]
More news stories like this | All news stories tagged with:
#analysts expected
#york trading
#time warner
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 ]
More news stories like this | All news stories tagged with:
#earnings fell
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 ]
More news stories like this | All news stories tagged with:
#magazine company
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 ]
More news stories like this | All news stories tagged with:
#digital devices
#free time
#read books
#increased interest
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 ]
More news stories like this | All news stories tagged with:
#financial rewards
#traditionally published
#earnings fall
#survey shows
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 ]
More news stories like this | All news stories tagged with:
#kirsty mclachlan
#fascinating exploration
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 ]
More news stories like this | All news stories tagged with:
#sales figures
#jeffrey archer
#awful auntie
'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 ]
More news stories like this | All news stories tagged with:
#american sniper
#ibooks bestsellers
Hodder Education has acquired independent publisher Rising Stars, which publishes curriculum, assessment and revision resources for primary schools. Rising Stars will retain its imprints and branding and Andrea Carr, founder and m.d., and her team of 28 staff will remain with the... Continue reading at The Bookseller
[ The Bookseller | 2015-01-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#rising stars
#primary schools
#hodder education
The French Publishers Association (Syndicat National de l’Edition, SNE) has warned its members that France may raise VAT on ebooks from 5.5% to the standard 20% during the first half of next year to avoid a fine of several million euros from the European Court of Justice, according to the trade... Continue reading at The Bookseller
[ The Bookseller | 2014-12-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#european court
#million euros
A crowd of mourners gather as pallbearers carry in a black coffin and shroud it with a Canadian flag. Eulogies flow for James "Logan" Howlett, taken too soon. Continue reading at Stuff
[ Stuff | 2014-12-06 00:00:00 UTC ]
More news stories like this |
In a reorganization at S&S that sees the merger of the house's digital division with its corporate marketing department, Liz Perl has been promoted, and Ellie Hirschhorn, executive v-p and chief digital officer, is leaving the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#executive v-
#liz perl
#digital division
#hirschhorn leaves
#perl rises
#ss reorg
The Kensal Rise Library building is up for auction this month, with a guide price of £1.15m. Although planning permission has been granted to convert the majority of space in the building into flats, it still has a dedicated space on the ground floor earmarked for community use, which the... Continue reading at The Bookseller
[ The Bookseller | 2014-12-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#community library
#dedicated space
With unit sales of print books up about 2% in the first 47 weeks of 2014, year over year, at outlets that report to Nielsen BookScan, the industry is poised to post its first increase in print sales since 2008. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#print sales
#nielsen bookscan
#print books
Through the campaign, the publisher will donate a book to the organization Save the Children every time someone uses the hashtag online. Penguin Random House will make donations up to 25,000 times. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-11-22 00:00:00 UTC ]
More news stories like this |
Major deals have become the new normal in book publishing, thanks to steeper competition for fewer high-profile projects Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#book publishing
#major deals
#seven-figure advance
Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#5% increase
#courier corp
The Bookseller's Futurebook conference found the UK publishing industry focused on issues of marketing, ebook subscriptions and direct sales, among others. The post UK’s FutureBook Conference 2014: The Penguin Random House Show! appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-11-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#direct sales
#ebook subscriptions
#post uk