FT Group profits rise 17%

Publisher of Financial Times operating profits grow to £55m in 2013 as owner Pearson announces overall slump of 21%Pearson has reported a 21% slump in its overall operating profit for 2013, as its core US education business continues to be hit by the "worst trading conditions" seen in decades. However, profits at the company's FT Group, home of the Financial Times, were up 17% to £55m.FT Group, which includes the Financial Times and Pearson's 50% stake in the Economist Group, reported sales of £449m, down 1% year-on-year, but operating profits were up 17% on 2012.Pearson chief finance officer Robin Freestone said that the FT is a profitable entity in its own right.Digital subscribers to FT.com grew 31% year-on-year to 415,000 and now represent almost two-thirds of the FT's total paying audience, powered by a 60% upsurge in corporate users.THE HTML app, which launched in 2011 and bypasses Apple iTunes so as to have a direct relationship with readers, was performing "extremely well", the group said.Mobile now accounts for nearly a quarter of all new subscriptions at the FT, it added.FT.com digital subscriptions of 415,000, more than offset the planned reductions in print circulation, the group said.However, the group said print advertising continued to be short-term and "generally weak", though the FT increased its market share with luxury and financial sectors.Overall, advertising revenues accounted for 37% of FT Group revenues in 2013, compared to 52% in 2008.Recent... Continue reading at 'The Guardian'

[ The Guardian | 2014-02-28 00:00:00 UTC ]

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Apple Books Bestsellers: ‘The Reckoning’ Takes Over

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[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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John Grisham's Rooster flies into the chart top spot

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[ The Bookseller | 2018-06-27 00:00:00 UTC ]
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Khaled Hosseini to release 'intensely moving' refugee story

Bloomsbury has signed the latest work from Khaled Hosseini, a "lyrical and intensely moving story" entitled Sea Prayer. Continue reading at The Bookseller

[ The Bookseller | 2018-02-21 00:00:00 UTC ]
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Riverhead Announces New Book by Khaled Hosseini

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[ Publishers Weekly | 2018-02-21 00:00:00 UTC ]
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Grisham, Vance, Manson Top iBook Bestseller Lists in 2017

John Grisham's 'Camino Island' topped the iBook's bestsellers fiction list in 2017, J.D. Vance took the top honor in nonfiction for 'Hillbilly Elegy', and Mark Manson had the top-selling audiobook, 'The Subtle Art of Not Giving a F*ck.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-29 00:00:00 UTC ]
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'Irish Bridget Jones' series gets six-figure deal

Gill Books has struck a six-figure two-book deal with journalists Emer McLysaght and Sarah Breen to continue their series about stereotypical Irish girl Aisling, hailed as Ireland's answer to Bridget Jones.  Continue reading at The Bookseller

[ The Bookseller | 2017-12-12 00:00:00 UTC ]
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Six-figure deal for 'Irish Bridget Jones' series

Emer McLysaght and Sarah Breen sign two-book deal to follow their breakout debut, Oh My God, What a Complete AislingTwo friends whose novel about a “complete Aisling” is being hailed as the Irish answer to Bridget Jones have landed a six-figure two-book deal.Emer McLysaght and Sarah Breen... Continue reading at The Guardian

[ The Guardian | 2017-12-08 00:00:00 UTC ]
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iBooks Bestsellers: John Grisham Dethrones Dan Brown

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[ Publishers Weekly | 2017-11-01 00:00:00 UTC ]
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[ The Bookseller | 2017-08-11 00:00:00 UTC ]
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[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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iBooks Bestsellers: Grisham, Yiannopoulos Bookend the Bestsellers

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[ Publishers Weekly | 2017-07-12 00:00:00 UTC ]
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[ The Bookseller | 2017-07-05 00:00:00 UTC ]
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[ The Bookseller | 2017-06-30 00:00:00 UTC ]
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Weekly E-Ranking: Grisham's island top destination

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[ The Bookseller | 2017-06-29 00:00:00 UTC ]
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iBooks Bestsellers: 'Camino Island' Surfs Along at #1

John Grisham's first career beach read stays at the crest of the wave on the iBooks bestseller list, followed by Nora Roberts's latest at #2. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Fielding and Tóibín events mark Hay's opening weekend

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[ The Bookseller | 2017-05-31 00:00:00 UTC ]
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[ The Bookseller | 2017-05-19 00:00:00 UTC ]
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[ The Bookseller | 2017-04-12 00:00:00 UTC ]
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[ The Bookseller | 2017-02-08 00:00:00 UTC ]
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