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 ]
Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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Print sales in the schools sector are at an all-time high but bookselling is not without its challenges in such a buoyant market. Continue reading at The Bookseller
[ The Bookseller | 2018-06-15 00:00:00 UTC ]
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Although no new book sold more than one million print copies last year,, unit sales of print books were still 10.8% higher last year than in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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New figures show that fewer UK writers earn enough to live on, as ACE blames falling sales of literary fiction on the recession and the rise of smartphonesThe image of the impoverished writer scratching out their masterwork in a freezing garret remains as true today as it was a century ago,... Continue reading at The Guardian
[ The Guardian | 2017-12-15 00:00:00 UTC ]
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With an enormous social media following, the British-indian poet who uses instagram to share her work is poised to translate her popularity into print sales. Caroline Sanderson reports. Continue reading at The Bookseller
[ The Bookseller | 2017-11-01 00:00:00 UTC ]
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Children’s laureate Lauren Child has called for kids to have "more space to create" and warned about the negative impact of social media on the younger generation whilst giving the annual BookTrust lecture last night (19th October). Continue reading at The Bookseller
[ The Bookseller | 2017-10-21 00:00:00 UTC ]
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Italy's book market is “leaving the [economic] crisis behind” with “positive signals” including a small rise in the value of print sales. Continue reading at The Bookseller
[ The Bookseller | 2017-10-12 00:00:00 UTC ]
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Preliminary numbers are finally out for Hillary Clinton’s newly released book, What Happened, and sales are doing quite well. According to the Associated Press, the book has already sold more than 300,000 copies–which includes hardcover, ebook, and audiobook. The hard copy sales, however, are... Continue reading at Fast Company
[ Fast Company | 2017-09-20 00:00:00 UTC ]
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Print sales of Judith Kerr's The Tiger Who Came to Tea have surpassed one million sold mark ahead of its 50th anniversary next year. Continue reading at The Bookseller
[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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The Taylor & Francis Group saw sales rise 11.3% year-on-year to £238.9m in the six months to 30th June 2017, although underlying growth was put at just 1.2%, suggesting the publisher saw a boost from foreign exchange and the weakened pound. Continue reading at The Bookseller
[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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Four of the five large publicly held trade publishers managed to improve their operating margins in 2016 over 2015, despite generally weak revenue performances. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
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Sales of higher education textbooks fell 27% at John Wiley in the third quarter ended January 31, compared to the third period of fiscal 2016. Sales of STM and professional books fell 12%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
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Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller
[ The Bookseller | 2016-11-04 00:00:00 UTC ]
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Print sales in the UK in the first six months of 2016 rocketed up 9.3% year on year to £644.9m, the market’s biggest half-year percentage rise in 14 years, and the second-largest jump since Nielsen BookScan full-market data began in 2001. Continue reading at The Bookseller
[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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Oxford University Press saw headline growth of 1.7%, 1% on a like-for-like basis (at constant exchange rates), in the year to end March 2016, according to its latest Annual Report. Financial details are slim, but turnover stood at £781m (up from £767m the previous year) while profit dropped 8%... Continue reading at The Bookseller
[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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Unit sales of print books from outlets that report to Nielsen BookScan increased 2.8% in 2015 over 2014, marking the second consecutive year that print units posted annual gains. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-01 00:00:00 UTC ]
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The negative impact of foreign exchange was a key factor in dropping revenue at Scholastic in Q2. For the period ended November 30, compared to the same stretch a year ago, revenue fell to $601.8 million, down from $611.1 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-17 00:00:00 UTC ]
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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 ]
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