First Quarter Results Down at Harlequin

First quarter at Harlequin declined 3.2%, to C$99.2 million, and operating profit fell 14%, to C$12.8 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
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Scholastic Posts Second-Quarter Double-Digit Gains in Sales and Earnings

A 19% increase in Scholastic's children's book publishing and distribution segment drove total sales up 12% in the second quarter, while operating income rose 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
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Harlequin Teams Up With Audio Up to Adapt 52 Romance Titles Into Scripted Podcasts

Audio production company Audio Up Media and book publishing house Harlequin Enterprises are teaming up to adapt 52 of the publisher's romance titles into scripted podcast series, with an eye to also turn these into--more highly monetizable--TV series. Audio Up, also home to mental health and... Continue reading at AdWeek

[ AdWeek | 2022-12-06 12:42:46 UTC ]
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Harlequin Renames HQN Romance Imprint Canary Street Press

Harlequin said the name change reflects an expansion into more inclusive love stories that will explore more sides of "happy ever after." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-31 04:00:00 UTC ]
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Amazon Sees Slow Growth in Fourth Quarter

Since the summer, many publishers have reported lower orders from Amazon compared to a year ago, and the release of the e-commerce giant’s third-quarter results gave no indication that things will markedly improve in the final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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Third Quarter Revenue Rose at Hachette Book Group

Helped by the popularity of Colleen Hoover's 'Verity,' revenue at Hachette Book Group rose 4.7% in the third quarter over 2021—a gain that does not include results from Workman Publishing, which HBG bought last September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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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 ]
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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 ]
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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 ]
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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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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 ]
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Sourcebooks Has Record First Quarter Sales

Widespread changes made last year to such things as its supply chain, remote work, and efforts to reach consumers led to a point-of-purchase print unit sales increase of 36% at Sourcebooks in the first quarter of 2022 over the comparable period in 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-12 04:00:00 UTC ]
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Mixed Results for Libraries in Biden Administration’s 2023 Budget Proposal

A rite of spring, the White House budget proposal officially kicks off the congressional appropriations cycle each fiscal year. And this year, library advocates have their work cut out for them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-01 04:00:00 UTC ]
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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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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 ]
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Harlequin’s New Subscription Service Debuts

Priced at $14.99 per month, Harlequin Plus will offer subscribers monthly book bundles, access to an e-book library, and a regularly updated selection of movies and games. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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When Boeing put profit over quality in the 737 Max, the result was tragedy

Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post

[ The Washington Post | 2021-12-17 13:00:00 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Faber m.d. Cannam bullish about the indie’s future after posting record results

Having taken the reins at Faber & Faber in April, Mary Cannam was able to report record turnover and profit in its most recent results—but there remains plenty of work to do, she says.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-09 02:22:31 UTC ]
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