EDC on Track for Record First Quarter

After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
News tagged with: #fiscal year

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Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #expects sales #quarter loss #2% increase #scholastic


Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #restructuring charges #higher costs #operating loss


Indigo Reports 18.9% Rise in Revenue for the Quarter

A huge increase in sales through its physical stores offset a decline in online sales, leading to a 18.9% increase in total sales at Indigo Books & Music in the quarter ended July 2, 2022 compared with the same period of 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #online sales #total sales #9% rise #huge increase #9% increase


Media measurement uncertainty—tracking TV, social and digital

How Nielsen and other media companies are navigating the measurement upheaval, plus industry reactions. Continue reading at Advertising Age

[ Advertising Age | 2022-08-10 12:08:43 UTC ]
More news stories like this | News stories tagged with: #media companies #nielsen


Harry Potter publisher Bloomsbury reports record sales amid reading boom

People who turned to books during Covid lockdowns continuing to buy them, company saysBloomsbury has reported a record year for sales, as the Harry Potter publisher said the increase in reading during the pandemic had become “permanent” after lockdowns eased.The company benefited substantially... Continue reading at The Guardian

[ The Guardian | 2022-06-15 08:09:40 UTC ]
More news stories like this | News stories tagged with: #record year #covid restrictions #harry potter #bloomsbury


Bloomsbury Has a Record Year

Sales in fiscal 2022 at Bloomsbury Publishing were up 24% over fiscal 2021, rising to $277 million, and profits increased 40%, to $32.2 million. The U.S. now accounts for about 30% of the publisher's sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomsbury publishing #record year #bloomsbury


EDC's Revenue Returns to Earth

After hitting a record high of $204.6 million in the fiscal year ended February 28, 2021, revenue at Educational Development Corp. fell 30.3% in fiscal 2022, dropping to $142.2 million. Net earnings declined 34.1%, to $8.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #record high


S&S Defies Gravity in First Quarter

With earnings jumping 85% in the first quarter, Simon & Schuster CEO Jonathan Karp said he is pleased the publisher is "defying gravity" at the moment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-03 04:00:00 UTC ]
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A Bad First Quarter at Amazon

Amazon reported a net loss of $3.8 billion in the first quarter of 2022 as online sales fell 3%, to $51.1 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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Very Short Stories to Devour in Record Time

Very short stories–also known as flash fiction, micro fiction, drabbles, and the like–are a delightful form of fiction. Start with these. Continue reading at Book Riot

[ Book Riot | 2022-04-19 10:34:00 UTC ]
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United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint

'Overall, the US book market is turning in a very strong performance by historic norms,' says NPD BookScan's Kristen McLean. The post United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-04-15 15:51:56 UTC ]
More news stories like this | News stories tagged with: #strong performance #kristen mclean #book market


PRH Had a Record Year in 2021

Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
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Twisting Bill Clinton’s economic record to blame him for inequality

Historian Lily Geismer critiques his policies, and the Democratic Party's shifts of the 1990s, while ignoring many of his successes. Continue reading at The Washington Post

[ The Washington Post | 2022-03-18 12:00:14 UTC ]
More news stories like this | News stories tagged with: #democratic party


Awards: Sheikh Zayed Book Award Receives Record Submissions

The Sheikh Zayed Book Award's scientific committee has reviewed the jurors' recommendations, with more than 3,000 submissions in hand. The post Awards: Sheikh Zayed Book Award Receives Record Submissions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-03-10 18:49:50 UTC ]
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Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
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Brandon Sanderson's secret novels break Pebble's Kickstarter crowdfunding record

Over half a decade later, a new Kickstarter campaign has finally eclipsed Pebble's crowdfunding record on the website. Fantasy and sci-fi author Brandon Sanderson set up a campaign to raise $1 million within 30 days to fund four secret books he intends to release every quarter next year. It... Continue reading at Engadget

[ Engadget | 2022-03-04 12:57:00 UTC ]
More news stories like this | News stories tagged with: #author told #ebook market #long run #audiobook versions #opening chapter #audiobook #printed book


Take a look at the beautiful cover—and partial contributor list—for Astra Quarterly’s first issue.

Last February, Astra Publishing House announced their new literary magazine, Astra Quarterly, billed as “the international magazine of literature.” Helmed by Nadja Spiegelman, former online editor of The Paris Review and author of I’m Supposed to Protect You from All This, Astra Quarterly is... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-03 16:27:33 UTC ]
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Britney Spears lands ‘record-breaking’ book deal for tell-all memoir

Pop star’s memoir was subject of a massive bidding war, and comes weeks after she sent a cease-and-desist letter to her sister over her own autobiographyBritney Spears has landed a “record-breaking” publishing deal for a tell-all memoir about her rise to fame, her relationship with her family... Continue reading at The Guardian

[ The Guardian | 2022-02-22 01:12:57 UTC ]
More news stories like this | News stories tagged with: #pop star #cease-and-desist letter #publishing deal #memoir #book deal


Lagardère Publishing Has Record Year

Total revenue rose 9.4% at Hachette Book Group parent Lagardère Publishing in 2021, and profits jumped 42.7% over 2020. HBG sales rose 3.7%, excluding the impact of its Workman Publishing acquisition. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-17 05:00:00 UTC ]
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Indigo Sees 17.9% Revenue Jump in Latest Quarter

Indigo Books & Music, Canada's leading book retailer, reported strong results for its third quarter ended January 1, 2022 with revenue up 17.9% and earnings jumping. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-14 05:00:00 UTC ]
More news stories like this | News stories tagged with: #latest quarter