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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Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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Audiobook Sales Up Again in 2016, Posting Double-Digit Gains

Total sales of audiobooks rose 18.2%, to an estimated $2.1 billion. Unit sales for the year were up even more, rising 33.9% over 2015, to 89.5 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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Lotinga urges government to support success as PA stats reveal record 2016

The industry’s earnings hit a new high in 2016, according to the PA Publishing Yearbook 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-04-28 00:00:00 UTC ]
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Sales, Earnings Fell at PRH in 2016

The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
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IDW Publishing Sales Slipped in Fiscal 2016

Revenue in the IDW publishing group fell 2.3%, to $27.9 million, in the fiscal year ended October 31, 2106. Revenue for all of IDW Media Holdings rose 32.2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-07 00:00:00 UTC ]
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Print market posts 7% increase for 2016 as Wicks tops chart

The print market sold 195 million books for £1.59bn in 2016, a 7% boost in volume over the last 12 months and a 4.5% jump in volume. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Why The Washington Post's Jeff Bezos Is Adweek's Media Visionary of 2016

Few tech entrepreneurs have had the ability to imagine a future just beyond our reach, and to profoundly change how we live our lives. Steve Jobs and Mark Zuckerberg are two such stars, and Jeff Bezos, our Media Visionary for 2016, joins this constellation. From ecommerce and streaming video to... Continue reading at AdWeek

[ AdWeek | 2016-11-28 00:00:00 UTC ]
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SIBA 2016: Attendance Jumps Amid Debate to Move the Show to Spring

Attendance at SIBA's September 16-18 show was up 25% over 2015 and one of the main topics of conversation was the plan to move the event to the spring in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-19 00:00:00 UTC ]
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HBG Reports Earnings Jump Despite Sales Drop

Sales for the first six months of 2016 fell 6.6% at Hachette Book Group compared to the first six months of 2015, but earnings rose 180%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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A Slimmed Down Scholastic Posts Sales and Earnings Gains

Focusing on children's publishing and education delivered gains in fiscal 2016, following the sale of the house's technology unit. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-22 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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Record Number of Applications: Frankfurt Book Fair Announces Its 2016 Fellows

Applications from 100 candidates in 34 countries were received this year, Frankfurt administrators choosing 16 participants to become the fair's fellows in October. The post Record Number of Applications: Frankfurt Book Fair Announces Its 2016 Fellows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-27 00:00:00 UTC ]
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B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
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Wiley Touts Digital Progess in Down Fiscal 2016

Sales and earnings fell in fiscal 2016 at John Wiley as the company continued its transition to a digital knowledge and learning company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-15 00:00:00 UTC ]
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Digital Solutions in India 2016: Publishing in the Post-PDF Age (or Single URL Publishing)

It is obvious that publishing is in the midst of a cataclysm. If we can summarize this upheaval in just one line, it would be that publishing is moving from circulation and readership metrics to an engagement metric. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-02 00:00:00 UTC ]
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L.A. Convention Center books 30 major gatherings for 2016, a 30% jump from last year

The Los Angeles Convention Center has booked 30 major conventions for 2016, a 30% increase over last year and a new record for big multi-day gatherings at the city facility. The conventions this year include a celebration of comic books and movies, a gathering of experts on allergies and a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-04-19 00:00:00 UTC ]
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Penguin Random House Posts Record Profit for 2015

Post-merger integrations have yielded improved margins at the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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EDC Sets Another Record

Earnings jumped 139% in the third quarter ended November 30, 2015 over last year's third period at Educational Development Corp. Profits were $1.2 million in the most recent quarter and were driven by a 123% increase in revenue, which rose to $24.4 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-19 00:00:00 UTC ]
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