EDC Posts a 59% Earnings Jump in Record Fiscal 2016

Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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With a Booming April, EDC Repays PPP Loan

With sales increasing 160% last month over April 2019 in its direct sales division, Educational Development Corp. has repaid a $1.4 million loan it received under the Payroll Protection Program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-14 04:00:00 UTC ]
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Sales Fell, Earnings Rose in Q3 at HarperCollins

A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Rob Biddulph to attempt world record for largest online art lesson

Children's author and illustrator Rob Biddulph is attempting to break the world record for the largest online art lesson, in partnership with HarperCollins and global talent investor Entrepreneur First. Continue reading at The Bookseller

[ The Bookseller | 2020-05-06 15:32:05 UTC ]
More news stories like this | News stories tagged with: #rob biddulph #world record #harpercollins #children's author


8 of This Week’s Most Telling Marketing Stats, From Earnings Calls to a Surge in Fashion Sales

In the midst of all our town halls, Latin dance breaks and golf tournaments on Zoom, April zoomed by at an alarmingly rapid pace. With the calendar turning to May, it's officially Q1 earnings season. Plus, Nielsen dives into what sports fans are watching in the absence of sports. Here are the... Continue reading at AdWeek

[ AdWeek | 2020-05-01 20:05:11 UTC ]
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Cassell to publish book on every song The Boss ever recorded

Cassell has acquired a 670-page book giving "the full story" behind every song Bruce Springsteen has ever recorded and released. Continue reading at The Bookseller

[ The Bookseller | 2020-04-24 05:59:50 UTC ]
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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain

The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #financial forecast #covid-19 pandemic #quarto


Hodder wins record-breaking ex-Special Forces soldier's memoir

Hodder & Stoughton has won at auction the memoir of ex-Special Forces soldier and record-breaking mountaineer Nims Purja MBE. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 14:18:55 UTC ]
More news stories like this | News stories tagged with: #hodder stoughton #memoir #hodder


EDC Gets Paycheck Protection Loan

Educational Development Corporation announced it received a $1.44 million loan under the Paycheck Protection Program. The company has seen a drop in sales in its publishing division, although business in its direct-to-consumer has increased. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-20 04:00:00 UTC ]
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Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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You've got mail! The New York paper sending you artworks in the post

If lockdown has New Yorkers going postal, the independent journal Civilization has revived the tradition of mail art in order to make us all feel less isolatedIn New York in the early 1960s, the pop artist Ray Johnson pioneered mail art, posting drawings and notes to friends, which he invited... Continue reading at The Guardian

[ The Guardian | 2020-04-07 12:08:05 UTC ]
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Early release for Adam Buxton audiobook, recorded remotely

HarperNonFiction is releasing an early audiobook edition of Adam Buxton's memoir in May—its first to be recorded entirely remotely. Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 21:06:52 UTC ]
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Racing Post Launches Digital Version After Coronavirus Puts Paper on Hold

The Racing Post, the sport’s daily trade newspaper, will relaunch a digital version of its print edition from Saturday, just Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-03-27 22:22:30 UTC ]
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Denwood looks to the next generation in new post at S&S Children’s Books

Rachel Denwood, who spent a decade helping to build HarperCollins Children’s Books into a big-brand kids’ giant, is looking to build a broader base of hits in her new role at Simon & Schuster Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 05:21:13 UTC ]
More news stories like this | News stories tagged with: #rachel denwood #ss children #simon schuster #harpercollins


Racing Post to temporarily suspend publication of print edition

• Tom Kerr: ‘We have been left with no other choice’• Cork racecourse becomes coronavirus testing centre The Racing Post, the sport’s trade newspaper, will “temporarily suspend” publication of its print edition from Friday, leaving a number of its journalists “temporarily stood down” while the... Continue reading at The Guardian

[ The Guardian | 2020-03-25 17:30:32 UTC ]
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Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Industry Sales Posted Small Gain In 2019

Sales of adult trade books fell 2.7% in 2019 compared to 2018, while sales in the children/young adult segment rose 6.8%, according to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-14 04:00:00 UTC ]
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Yale University Press London records revenue lift in 2019

Consolidated revenues for Yale University Press London and subsidiary Yale Representation stood at £7.9m for the year to end June 2019, up 3.4% on the previous year (£7.7m), according to the latest files at Companies House.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 17:39:34 UTC ]
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With help from kids, a 90-year-old Sri Lankan author set a new world record for alternate endings.

If you thought the Choose Your Own Adventure books were magical, one Sri Lankan children’s book author might be up your alley. Sybil Wettasinghe, the 90-year-old author of The Umbrella Thief, a classic children’s book in Sri Lanka, set a new Guinness World Record yesterday with the publication... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-06 19:45:46 UTC ]
More news stories like this | News stories tagged with: #world record #classic children #sri lanka #children’s book


Guinness World Records reveals 2021 cover with reader competition

Guinness World Records has revealed the cover of its next edition and launched a competition for one lucky reader to appear on it. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 07:40:22 UTC ]
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