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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Random House’s international sales director Simon Littlewood is to leave the company... Continue reading at The Bookseller
[ The Bookseller | 2014-06-26 00:00:00 UTC ]
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John Wiley & Sons reported that revenue for the fiscal year ended April 30, 2014 rose 1%, to $1.78 billion, and operating income increased 4% to $206.7 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-17 00:00:00 UTC ]
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The main theme emerging in The Bookseller Rising Stars list—the annual run-down of the best... Continue reading at The Bookseller
[ The Bookseller | 2014-06-13 00:00:00 UTC ]
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Revenues at Educational Development Corp. rose 2% in the fiscal year ended February 28, 2014, hitting $26.1 million, although accounting items dropped net earnings to $357,600 from $802,900 in fiscal 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-10 00:00:00 UTC ]
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Penguin Random House U.K. has created a single children's division, led by Francesca Dow. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
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In 2008, Coolhaus operated out of a food truck that barely ran. Now, its ice cream can be found nationwide. Here's how it happened. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Dispute has also dragged in authors including JK Rowling and James PattersonIt is another mystery for inspector Rebus to solve. Why is Amazon UK selling Saints of the Shadow Bible, the latest instalment of Ian Rankin's best-selling series about the Edinburgh sleuth, for half the price being... Continue reading at The Guardian
[ The Guardian | 2014-05-28 00:00:00 UTC ]
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The American Booksellers Association told the Associated Press Tuesday that its core membership has increased to 1,664, up from 1,632 last year and more than 200 higher since 2009. It's the fifth straight increase for ABA membership. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-27 00:00:00 UTC ]
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Preliminary sales estimates from the Association of American Publishers StatShot program showed that sales of digital downloads of audiobooks rose about 18% in 2013, while sales of physical audio were about even with 2012, a trend that is in keeping with what has been happening with physical and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-16 00:00:00 UTC ]
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John Murphy, divisional v-p and director of publicity at St. Martin's Press, has been promoted to the newly created role of v-p, publishing strategy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-13 00:00:00 UTC ]
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In June, Michael Coffey, one of PW's co-editorial directors, will retire. With this move, Jim Milliot will take the helm as editorial director of the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-12 00:00:00 UTC ]
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Random House is publishing another backlist title, Trilobites & Other Stories by Breece D... Continue reading at The Bookseller
[ The Bookseller | 2014-05-01 00:00:00 UTC ]
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Revenue for b-to-b publisher and event producer UBM declined 13.5 percent to $317 million for the first quarter, the company announced Tuesday. The steep loss is mitigated in part by "strong foreign exchange headwind," changes to event timing and the restructuring of Continue reading at Folio Magazine
[ Folio Magazine | 2014-04-30 00:00:00 UTC ]
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Going to the library frequently is the same as getting a pay rise of £1,359 a year,... Continue reading at The Bookseller
[ The Bookseller | 2014-04-23 00:00:00 UTC ]
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Margins remained solid in 2013 for the six large trade houses from which operating data is available, though at three of the six, margins fell compared to 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-04-11 00:00:00 UTC ]
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“I’m for anything that gets you through the night – be it prayer, tranquilizers, or a bottle of Jack Daniel’s,” said the great American singer Frank Sinatra about one of the great American whiskeys. Or so say the ads on Jack Daniel’s new line of whiskey, Sinatra Select. And just as the American... Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-04-07 00:00:00 UTC ]
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Although operating EBIT fell 4.9% in the year at Penguin Random House, executives at parent company Bertelsmann had nothing but good things to say about the results from the world’s largest trade publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-26 00:00:00 UTC ]
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The Friends of Kensal Rise Library look set to be running a community library on the ground floor... Continue reading at The Bookseller
[ The Bookseller | 2014-03-24 00:00:00 UTC ]
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Thanks to the internet, it has never been easier to steal other people's work. There's also a high risk you'll be found out. So why do it? Rhodri Marsden goes in search of a little originalityIt's not that hard to think of something totally original. If you don't worry about it being any good,... Continue reading at The Guardian
[ The Guardian | 2014-03-21 00:00:00 UTC ]
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The Penguin Random House deal to absorb Santillana's trade lines has serious implications for the Spanish-book market, but the outlier in the deal is Brazil. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-03-21 00:00:00 UTC ]
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