Earnings Soared at EDC in Q2

Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]

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EDC Looks for Stability After Turbulent Year

Despite posting record revenues and a 35% increase in net earnings in the fiscal year ended February 28, Educational Development Corp. faced numerous challenges in 2017, including the inability to keep up with customer demand. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-06 00:00:00 UTC ]
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Sales, Earnings Rise at S&S in Q3

Revenue increased 11% in the third quarter of 2016 at Simon & Schuster, while and earnings rose by $1 million, to $44 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-03 00:00:00 UTC ]
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Trade Sales Up at HMH, But Profit Dips

Revenue in Houghton Mifflin Harcourt’s trade publishing segment rose 3.2% in the second quarter ended May 31, 2016 over the comparable period in 2015. Adjusted EBITDA fell to $322,000 from $412,000 in the second quarter of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-04 00:00:00 UTC ]
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EDC Has Another Record Quarter

Revenue jumped 137% in the first quarter ended May 31, over the comparable period last year, at Educational Development Corp. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-18 00:00:00 UTC ]
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Rubicon Project Is Helping Publishers Win the Second-Screen With Programmatic Olympic Ads

For the 2016 Summer Olympics in Rio de Janeiro, one programmatic advertising company wants to help brands that aren't paying the big bucks for an official sponsorship or major TV spot still have a "second chance for gold" by winning the race for the second-screen. Online advertising... Continue reading at AdWeek

[ AdWeek | 2016-06-08 00:00:00 UTC ]
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Indigo Posts C$28 Million Profit in Fiscal 2016

Revenue rose 11.0% over fiscal 2015, to C$994.2 million, and the chain had net earnings of C$28.6 million in fiscal 2016 compared to a loss of C$3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Indigo Reports Strong Q3

Revenue at Indigo Books & Music rose 12.9% in the third quarter ended December 26, 2015 compared to the third period a year ago. Net earnings in the quarter jumped 60%, to C$52.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
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Facebook is cutting prices in its brand-content matchmaking program

Facebook is lowering the price it costs advertisers to join Anthology, which matches brands and top publishers like Vice and Vox, which help create content for promotion in the news feed. Anthology had set the minimum advertising commitment at several million dollars, according to sources, but... Continue reading at Digiday

[ Digiday | 2016-01-18 00:00:00 UTC ]
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Quiet First Quarter for Books-A-Million

Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
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James Patterson donates more than $1 million to school libraries (+video)

The author also recently donated funds for British and Irish schools as well as independent bookstores. 'I hope we’re able to increase awareness about the vital role that school libraries and librarians play in transforming lives and fostering a love for learning,' Patterson said of his new... Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-03-13 00:00:00 UTC ]
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James Patterson donates more than $1 million to school libraries

The author also recently donated funds for British and Irish schools as well as independent bookstores. 'I hope we’re able to increase awareness about the vital role that school libraries and librarians play in transforming lives and fostering a love for learning,' Patterson said of his new... Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-03-12 00:00:00 UTC ]
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Open Road Dodges $1 Million Bullet in Copyright Case

Judge Naomi Reice Buchwald has denied HarperCollins’ bid to recover more than $1 million in attorney fees from Open Road in its infringement case over an ebook edition of Jean Craighead George's 'Julie of the Wolves.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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First Quarter Results Jump at EDC

Revenue at Educational Development Corp. rose 20%, to $7.2 million, in the first quarter ended May 31, 2014 compared to the first period of fiscal 2014. Earnings in the period jumped to $239,700 from $66,600 in last year's first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Flat Quarter for Books-A-Million

Revenue at Books-A-Million inched up 0.2% in the first quarter ended May 3, 2014, to $103.8 million, compared to the year earlier period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Indigo Has Big Fiscal 2014 Loss

Indigo Books & Music reported a net loss of C$31 million in the year compared to net earnings of C$4.3 million in fiscal 2013. Sales slipped 1.3%, to C$868 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-27 00:00:00 UTC ]
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NEA Giving $1M in Big Read Grants

The National Endowment for the Arts announced that between September 2014 and June 2015, 77 organizations across the country will receive more than $1 million in funding as a part of the NEA's Big Read program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-14 00:00:00 UTC ]
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Should More Top Authors Give Back to Indie Bookstores?

Love him or hate him, you can't fault James Patterson for his generosity, as he's giving some $1 million of his money back to independent bookstores. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-24 00:00:00 UTC ]
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EDC Has Strong Third Quarter

Educational Development Corp. that third quarter sales rose 8%, to $8.5 million, in the quarter ended November 30. Net earnings were up to $547,800 from $525,700. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
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Sales Up, Earnings Down at EDC in Second Quarter

Educational Development Corp. reported that revenue for the second quarter ended August 31, 2013 rose 4.6%, to $5.7 million, but net earnings in the period fell to $56,400 from $138,200 in the second quarter of fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-21 00:00:00 UTC ]
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Studios gorge on young-adult fiction amid success of 'Hunger Games'

The literary genre is white-hot in Hollywood, with filmmakers bidding on unpublished books and paying as much as $1 million for the rights to relatively modest sellers.The back-to-back blockbuster successes of "Harry Potter," "Twilight" and now "The Hunger Games" have turned the hunt for fresh... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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