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 ]
News tagged with: #$1 million #earnings soared #net earnings #quarter ended

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Open letter on author earnings

The Society of Authors' Nicola Solomon and The Authors' Licensing & Collecting Society's Owen Atkinson pen a letter to the PA's Stephen Lotinga on author earnings. Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open letter #author earnings #nicola solomon #stephen lotinga


Writers bodies defend author earning figures as 'incontrovertible'

The Society of Authors (SoA) and the Authors Licensing and Collection Society (ALCS) have written an open letter taking issue with the Publishers Association’s questioning of figures unveiled in a recent survey showing writers’ earnings have fallen by 15% in four years, calling them... Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors soa #authors licensing #publishers association


Author Earnings Sliding Fast in U.K.

Median annual income of professional writers is now under £10,500—down by 15% since 2013—according to ALCS research, with hourly rates well below minimum wage. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #professional writers #minimum wage


The story behind the ALCS author earnings survey numbers

Richard Combes examines the findings of the Authors Licensing and Collecting Society's author earnings survey. Continue reading at The Bookseller

[ The Bookseller | 2018-06-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors licensing #collecting society


Industry Notes: Politics Power Print, Says NPD: Category Soars 32 Percent

Teaser text Image By Porter Anderson, Editor-in-Chief | @Porter_Anderson subhed f you’ve spent any time lately thinking that the political nightmares of the day surely have been good for some book sales–you take your silver linings where you can find them, right?–a new report from the NPD... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #porter anderson #ve spent #book sales #statement released


APPWG calls for evidence on authors' earnings

The All Party Parliamentary Writers Group has launched an inquiry into authors’ earnings. Continue reading at The Bookseller

[ The Bookseller | 2018-06-15 00:00:00 UTC ]
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Audio is publishing’s new star as sales soar across genres

Top thriller writer opts to publish solely in spoken-word format as demand risesWriters are turning to the spoken word as their preferred medium, encouraged by a boom in audiobook sales that is transforming publishing.This weekend, audio publisher Audible, owned by Amazon, released an audiobook... Continue reading at The Guardian

[ The Guardian | 2018-06-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audio market #sales soar #spoken word #preferred medium #made sense


Sales, Earnings Rose at Indigo in Fiscal 2018

Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings rose


Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big jump #6% increase


Sales, Earnings Up at HarperCollins

Strong backlist and digital audio sales led to a 6% increase in revenue in the quarter ended March 30, 2018 over the comparable period a year ago at HarperCollins and earnings rose 16%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #6% increase


Ian McEwan admits to only earning C-grade after helping son with essay on one of his books

Ian McEwan, the award-winning author, has admitted feeling "a little dubious" about people being compelled to study his books, after helping his son with an essay about his own novel and receiving a C. Continue reading at Stuff

[ Stuff | 2018-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ian mcewan #award-winning author


S&S Has Earnings Gain in Q1

A 43% increase in digital audio sales in the first quarter of 2018 helped lift earnings 7% at Simon & Schuster over the first period in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #43% increase #simon schuster


Time Warner CEO Jeffrey Bewkes' compensation soars to $49 million

Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #regulatory filing #50% higher


Want to earn more as a book author? A male name will help

In a groundbreaking study of more than two million books published in North America between 2002 and 2012, scholars found that books by women authors are priced 45% less than those of their male counterparts. The researchers, sociologist Dana Beth Weinberg and mathematician Adam Kapelner, both... Continue reading at Fast Company

[ Fast Company | 2018-04-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #male counterparts #book author #women authors #queens college-cuny #price gap


Sales, Earnings Drop at Quarto

Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings drop


Blackwell's sees sales soar 12%

Blackwell’s is seeing rapid revenue growth spurred on by its multi-channel strategy, with like-for-like sales up 12% to £48.3m for the year to June 2017. Continue reading at The Bookseller

[ The Bookseller | 2018-03-27 00:00:00 UTC ]
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February Religion Bestsellers: Blessing Messy Lives; ‘Battle’, ‘Soar,’ ‘Stop,’ and go ‘Free’

Nonfiction bestsellers exhort believers to strengthen trust in God, no matter what. And characters in the top novels somehow find blessings in their messy lives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Judith Kerr on earning her stripes as author and illustrator

On the 50th anniversary of The Tiger Who Came to Tea, author and illustrator Judith Kerr talks about creating the classic picture book, despite failing a module in book illustration at art school. Continue reading at The Bookseller

[ The Bookseller | 2018-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #judith kerr #book illustration #art school


S&S Posts Solid 2017 Sales, Earnings

Fourth quarter sales rose 12% at S&S while earnings jumped 22%. These gains helped the publisher to an 8% sales gain for the full year, with earnings up 11% over 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #full year


Amazon Sales Soared in 2017

Amazon's revenue in 2017 jumped 31% over 2016, but operating income fell 2%. The company sees more huge sales gains in the first quarter of 2018, but no earnings increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings increase