Economist nears the limit of an old growth theory

Editor John Micklethwait departs on a high. But print circulation may never be so high - nor fortunes quite so serene – againYou used to judge successful editors by a simple test. How many copies did they sell on day one, and how many on their last day in the chair? Plus, of course, parallel profit-and-loss figures. Today, the swirl of digital change makes everything more difficult. But put John Micklethwait’s nine years on top of the Economist to the ancestral test.In 2006, when he took over, the Economist had a circulation of 1.1m and operating profit of £28m. This month, as his successor – Zanny Minton Beddoes, the magazine’s brilliant business affairs editor – picks up the baton, the figure is 1.6m, with an operating profit of £59m. Micklethwait – heading now to New York as editorial boss of Bloomberg News – isn’t the only Economist editor to leave on a high. To the contrary, the build has been steady, and remarkable, for decades: a true British triumph of judgment and style. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-01-25 00:00:00 UTC ]
News tagged with: #print circulation #operating profit #bloomberg news

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Non-fiction drives Children's growth in 2018

While the Children's market as a whole has plateaued in value since leaping 7% in 2016, with the full-year for 2017 posting a razor-thin 0.07% in growth, the Children's Non-Fiction category is booming in 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-09-07 00:00:00 UTC ]
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The Economist Stands By Steve Bannon Speaking Gig; Pledges “Rigorous Questioning”

Amid calls for a boycott and public pressure to follow The New Yorker in canceling a speaking gig the magazine booked for Steve Bannon, The Economist is standing by its decision to include the controversial former White House strategist in its upcoming Open Future Festival, citing the need to... Continue reading at Folio Magazine

[ Folio Magazine | 2018-09-04 00:00:00 UTC ]
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Broader List Spurs Growth at Belt Publishing

Five years after its launch as a regional press specializing in nonfiction books about the industrial Midwest, Belt Publishing is growing rapidly and diversifying its list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-31 00:00:00 UTC ]
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Non-fiction and middle grade the growth areas for children’s publishing

Children’s independents say they are seeing growth in the market, particularly in non-fiction and middle grade. Continue reading at The Bookseller

[ The Bookseller | 2018-08-20 00:00:00 UTC ]
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China’s Book Market in the First Half of 2018: Slower Growth, Rising Prices

As book prices rise and children's books show new energy, the number of new titles on China's bestseller lists has decreased, with older hits lingering on sales charts. The post China’s Book Market in the First Half of 2018: Slower Growth, Rising Prices appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-15 00:00:00 UTC ]
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Amazon's 32GB Fire HD 8 Tablet is only $60 today, nearly 50% off

If you need an affordable tablet for watching videos, reading ebooks, and casual gaming Amazon has dropped the price of the 32GB Fire HD 8 with Special Offers to $60 for 48 hours only—its lowest price ever. That’s nearly half off the Fire HD 8’s $110 retail price, and $30 to $40 less than what... Continue reading at PC World

[ PC World | 2018-08-09 00:00:00 UTC ]
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Industry Notes: De Gruyter Partnership with Medieval Institute; Cambridge Cites Digital Growth

Western Michigan University's Medieval Institute Publications announces a marketing partnership with De Gruyter, as Cambridge University Press sees digital reaching 'close to 40 percent of total sales.' The post Industry Notes: De Gruyter Partnership with Medieval Institute; Cambridge Cites... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-08 00:00:00 UTC ]
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News Corp wants limits on ABC to prevent 'advantaged' competition

Rupert Murdoch’s Australian arm tells government inquiry there is ‘a lack of a level playing field’ for online newsNews Corp Australia has called on the government to review the charters of the ABC and SBS and to restrict the public broadcasters from unfairly competing with its newspapers,... Continue reading at The Guardian

[ The Guardian | 2018-07-23 00:00:00 UTC ]
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Focus on international growth is 'next phase' for PRH, says Dohle

Penguin Random House will put a focus on international growth, especially in emerging markets, in its next phase of strategy implementation, global c.e.o. Markus Dohle has said. Continue reading at The Bookseller

[ The Bookseller | 2018-06-26 00:00:00 UTC ]
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Weekly E-Book Ranking: Honeyman nears Hawkins' record

For a 16th week, Gail Honeyman's Eleanor Oliphant is Completely Fine is the Weekly E-Book Ranking number one. Continue reading at The Bookseller

[ The Bookseller | 2018-06-22 00:00:00 UTC ]
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Group C Acquires Three More Titles; Grand View Media’s Breakup Nears Completion

After 21 years, Alabama-based Grand View Media appears to be exiting the publishing business. Group C Media—the New Jersey-based publisher of Business Facilities and Facility Executive magazines—announced last week its acquisition of Turf, Turf Design Build, and Tree Services magazines from... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
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BookExpo’s Roundtable With CEOs Cites Stability, Growth, Promise for Books Ahead

The market is 'robust and solid,' the BookExpo audience hears from three of the biggest books CEOs in the world. It's just the consumers who keep changing. The post BookExpo’s Roundtable With CEOs Cites Stability, Growth, Promise for Books Ahead appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-01 00:00:00 UTC ]
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Trump exposé helps Hachette UK to first quarter growth

Hachette UK’s sales are up 1.4% in the first quarter of 2018, spurred on by Michael Wolff's January bestseller Fire and Fury (Little, Brown Book Group). Continue reading at The Bookseller

[ The Bookseller | 2018-05-18 00:00:00 UTC ]
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Nearly Two Years in the Making, The Forward’s Transformation Continues On

We sit down with CEO and publisher Rachel Fishman Feddersen to hear how the 120-year-old Jewish culture publication is embracing the digital age. The post Nearly Two Years in the Making, The Forward’s Transformation Continues On appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-14 00:00:00 UTC ]
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US Publishers’ StatShot 2017 Report: Fifth Year of Double-Digit Audiobooks Growth

The Association of American Pubslishers StatShot program cites 29.7-percent growth over 2016 in downloaded audiobook revenue, despite overall flat performance in publisher revenue in 2017. The post US Publishers’ StatShot 2017 Report: Fifth Year of Double-Digit Audiobooks Growth appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-09 00:00:00 UTC ]
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Pearson 'on track' for growth with first quarter sales up 1%

Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at The Bookseller

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
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If English Is the New Lingua Franca, Is Diversity Promoted? Or Limited?

At Cambridge University Press, Paul Colbert is seeing a growing demand for English-language learning materials. Here he discusses the good and bad of English as a lingua franca. The post If English Is the New Lingua Franca, Is Diversity Promoted? Or Limited? appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-02 00:00:00 UTC ]
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Sainsbury's and ASDA merger 'could limit range'

Trade insiders say the proposed merger of the UK's second and third largest supermarkets, Sainsbury's and Walmart-owned ASDA, could limit the range of books on offer and put a squeeze on publishers for higher discounts. Continue reading at The Bookseller

[ The Bookseller | 2018-05-01 00:00:00 UTC ]
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Digiday Research: More publishers see programmatic revenue growth in Europe than the US

A smaller percentage of U.S. publishers than European publishers are seeing growth in revenues from programmatic advertising. The post Digiday Research: More publishers see programmatic revenue growth in Europe than the US appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-04-20 00:00:00 UTC ]
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The Economist Taps New Publisher and COO | People on the Move

Meredith Corp. names a publisher for Allrecipes, Glamour hires an art director from Cosmo, and more media moves this week. The post The Economist Taps New Publisher and COO | People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-13 00:00:00 UTC ]
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