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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Penguin Random House’s first report auditing the diversity of its contributors found that the demographics of its authors, illustrators, translators, and other creators “do not reflect U.S. reader demographics when it comes to race and ethnicity.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-18 05:00:00 UTC ]
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The An Post Irish Book Awards ceremony has been moved to an online only ceremony due to the worsening coronavirus rates in the country. Continue reading at The Bookseller
[ The Bookseller | 2021-11-16 13:49:06 UTC ]
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Linda Greenhouse examines the first year of what could become known as the Trump court. Continue reading at The Washington Post
[ The Washington Post | 2021-11-12 13:00:00 UTC ]
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The Centre for Literacy in Primary Education welcomes steep increase in representation, but warns there are ‘no quick fixes’The proportion of children’s books featuring a minority ethnic character has almost quadrupled in the last four years, according to a new survey – but researchers say “we... Continue reading at The Guardian
[ The Guardian | 2021-11-04 14:36:37 UTC ]
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The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects a changing atmosphere in Washington toward consolidation. Continue reading at The New York Times
[ The New York Times | 2021-11-02 21:41:37 UTC ]
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The Department of Justice sues to block the acquisition of Simon and Schuster from Penguin Random House. Continue reading at Book Riot
[ Book Riot | 2021-11-02 16:56:25 UTC ]
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Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities. The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s... Continue reading at Fast Company
[ Fast Company | 2021-11-02 14:35:22 UTC ]
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The Department of Justice has sued to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that it "would result in substantial harm to authors." Lawyers for PRH said that they expect the case to go to trial sometime in 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
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The longtime anchor’s memoir settles scores and reexamines some regrettable choices. Continue reading at The Washington Post
[ The Washington Post | 2021-10-15 07:39:38 UTC ]
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Shah Muhammad Rais, who was made famous in The Bookseller of Kabul, has vowed to keep his bookshop open, despite having had only two customers since the Taliban retook the country in the middle of August. Founded in 1974 Rais’s store has seen regimes (along with foreign powers) come and go, and... Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-28 15:00:23 UTC ]
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Storytel reports seeing a rise in audiobook downloads in Russia by 45 percent in the last year. LitRes leads market. The post Audiobooks in Russia: Storytel and LitRes Cite Rising Interest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-14 11:42:09 UTC ]
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Zoey Dixon, named a Bookseller Rising Star in 2020, has been a leading light in making libraries more accessible, both before and during Covid, in her development role at Lambeth Libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 01:24:28 UTC ]
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Revenue at Australian online book retailer Booktopia Group Limited has grown by 35% this year, soaring to $223.9m (£119m) from last year's $165.7m (£88m) and beating its forecasts for the full year to 30th June 2021. Continue reading at The Bookseller
[ The Bookseller | 2021-08-31 13:52:14 UTC ]
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Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-31 00:00:00 UTC ]
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James Daunt has hailed a rise in sales at American bookseller Barnes & Noble following changes he introduced after being appointed as its c.e.o. in 2019. Continue reading at The Bookseller
[ The Bookseller | 2021-08-27 02:05:18 UTC ]
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Publishers are expanding their lines of Bibles as a new study reveals that readership is up. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-20 04:00:00 UTC ]
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Jane Dunn's Jane's Patisserie (Ebury) and Stephen King's Billy Summers (Hodder & Stoughton) have topped Amazon's Most-Sold: Non-Fiction and Most-Sold: Fiction rankings respectively. Continue reading at The Bookseller
[ The Bookseller | 2021-08-11 22:55:21 UTC ]
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These days, just being an author from Taiwan could dash your chances of getting a book published in China Continue reading at ABC News
[ ABC News | 2021-08-11 14:32:35 UTC ]
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Yesterday morning, Rita Glavin—an attorney for Andrew Cuomo, the governor of New York, who has vigorously defended her client (including in a fifty-one-minute live interview on CNN) since a state report concluded that he sexually harassed eleven women—came out swinging again in a virtual... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-08-11 12:45:23 UTC ]
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Several dominant digital media publishers--BuzzFeed, Dotdash, The New York Times and The Wall Street Journal--all disclosed the state of their financial health this past week, and taken together the findings reveal some of the key trends shaping the industry. While the four companies face... Continue reading at AdWeek
[ AdWeek | 2021-08-06 21:11:12 UTC ]
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