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 ]
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Nigel Slater's Toast returns in digital production

It has been a TV film, a play and now the chef's memoir has been adapted to help a local theatre. Continue reading at BBC News

[ BBC News | 2020-07-06 23:02:05 UTC ]
More news stories like this | News stories tagged with: #nigel slater #digital production #memoir


A rising tide of returning book-buyers lifts all boats

After 12 long weeks, bookshops re-opened in England last week—and the book-buying public unquestionably chose bookshops. The UK lockdown from 23rd March closed bricks-and-mortar shops across the country, with supermarkets the only physical outlets to buy a book and Amazon dominating online... Continue reading at The Bookseller

[ The Bookseller | 2020-06-25 17:57:17 UTC ]
More news stories like this | News stories tagged with: #uk lockdown #rising tide #nielsen bookscan


Eddo-Lodge retains top spot, as sales figures return to bestseller charts

Reni Eddo-Lodge's Why I'm No Longer Talking to White People About Race (Bloomsbury) has notched up a second week as the UK Official Top 50 number one, selling 34,211 copies through Nielsen BookScan's TCM. Continue reading at The Bookseller

[ The Bookseller | 2020-06-23 13:15:03 UTC ]
More news stories like this | News stories tagged with: #bestseller charts #reni eddo-lodge #longer talking #white people #race bloomsbury #nielsen bookscan #nielsen


Publishing revenues to plunge and thousands of jobs at risk, report says

Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 06:06:17 UTC ]
More news stories like this | News stories tagged with: #publishing revenues #including books #print sales #bookshop


Superman Returns, to Beat Up the Klan

A new Superman comic, written by Gene Luen Yang, and a medical memoir about a rare and debilitating disease are both featured in the latest Graphic Content column. Continue reading at The New York Times

[ The New York Times | 2020-06-16 09:00:09 UTC ]
More news stories like this | News stories tagged with: #medical memoir #memoir


Three Months After Shutting Its Doors, San Diego Magazine Returns

When San Diego magazine abruptly ceased operations and laid off nearly all of its employees in late March, mere days after a statewide shelter-in-place order took effect in California, CEO and publisher Jim Fitzpatrick stressed that it was only a temporary pause and that he hoped the magazine... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-15 18:27:52 UTC ]
More news stories like this | News stories tagged with: #small staff #san diego #immediately respond #public events #national anthem #police brutality #george floyd


Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
More news stories like this | News stories tagged with: #clarion events #executive pay #$500 million #existing capital #informa plc


Sigrid Nunez Returns After Her NBA Win

In 'What Are You Going Through,' the follow-up novel to Nunez's National Book Award winner 'The Friend,' the novelist looks at friendship and life near the end with her signature mix of gravitas and humor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #national book award


With a Plunge in Returns, Net Sales Fell 3.5% in April

Net sales declined only 3.5% in April for publishers who report to AAP's StatShot program. That small drop, however, was due to a significant decline in returns. Publishers are concerned that returns will be heavier than usual when stores reopen and start shipping back unsold titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #small drop #significant decline #stores reopen


Publishers start to plan for staffers' return to the office

Publishers are currently exploring what a return to work will look like, with HarperCollins this week allowing staff to come into the office "for essential reasons" and Hachette and Simon & Schuster confirming a provisional return come September. Continue reading at The Bookseller

[ The Bookseller | 2020-06-09 22:45:56 UTC ]
More news stories like this | News stories tagged with: #publishers start #hachette #harpercollins


Coronavirus Worklife: Canada’s Kids Can Press Launches ‘CitizenKid: Earth Comes First’

Even while working from home, the Kids Can Press children's book team in Toronto will see a premiere today of a new film based on its CitizenKid series. The post Coronavirus Worklife: Canada’s Kids Can Press Launches ‘CitizenKid: Earth Comes First’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-05 16:36:37 UTC ]
More news stories like this | News stories tagged with: #coronavirus worklife #film based #children's book


Walliams returns with World's Worst Parents

David Walliams and Tony Ross are releasing another collection of stories, The World's Worst Parents, with HarperCollins Children's Books. Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 23:12:15 UTC ]
More news stories like this | News stories tagged with: #david walliams #tony ross #harpercollins children #harpercollins


He was one of the most hunted men on Earth — and then he disappeared

Steven Johnson recounts the tale of pirate Henry Every, who terrorized the Indian Ocean. Continue reading at The Washington Post

[ The Washington Post | 2020-05-29 12:00:00 UTC ]
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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 ]
More news stories like this | News stories tagged with: #fiscal year


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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‘Diversify your revenue streams, period’: IAB CEO Randall Rothenberg thinks relying on solely on advertising is ‘wrong’

The news publishing industry may be getting squeezed by the pandemic economy, but for Interactive Advertising Bureau CEO Randall Rothenberg, it set itself up for failure long ago, by leaning too heavily on advertiser revenue. "When the United States became a national marketplace in the mid to... Continue reading at Digiday

[ Digiday | 2020-05-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday podcast #revenue streams #news publishing


Book Revenue Fell 21% in Q1 at LSC

Revenue in LSC Communications’ book group dropped 21.4% in the first quarter ended March 31, 2020, falling to $204 million. Lower demand for educational materials offset an increase in its trade business, the printer, which filed Chapter 11 in April, reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-12 04:00:00 UTC ]
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John Grisham Returns to Camino Island, This Time in Hurricane Season

In “Camino Winds,” a bookstore owner and two other characters team up to solve a murder and the mystery behind it. Continue reading at The New York Times

[ The New York Times | 2020-04-28 01:32:18 UTC ]
More news stories like this | News stories tagged with: #camino island #bookstore owner #bookstore


Meredith Cuts Salaries, Expands Ad Guarantee to Make Up for Revenue Decline

Facing what it called "a significant decline in advertising revenues" as a result of the COVID-19 pandemic, Meredith Corp. says it's implementing sweeping pay cuts across 60% of its approximately 5,000 employees, suspending quarterly dividends and withdrawing the 2020 fiscal outlook it... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-20 17:45:12 UTC ]
More news stories like this | News stories tagged with: #homes gardens #magnolia journal #sweet july


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 ]
More news stories like this | News stories tagged with: #publishing division