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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E L James’ own company Fifty Shades Ltd had a “very successful” year to the end of September 2014, with a turnover of £18.1m and profits of £9.8m. However, this was down significantly on the previous year, when the company generated £43m with a profit of £25m. Continue reading at The Bookseller
[ The Bookseller | 2015-06-30 00:00:00 UTC ]
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Bonnier Publishing has acquired Lincolnshire-based commercial fiction publisher Totally Entwined Group for an undisclosed sum. Bonnier is acquiring the whole company and its imprints Totally Bound Publishing (romance), Pride Publishing (LGBTQI fiction), Finch Books (YA), Evidence Press... Continue reading at The Bookseller
[ The Bookseller | 2015-06-27 00:00:00 UTC ]
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China South Publishing & Media Co. Ltd. was established in 2008 to operate the publishing businesses owned by Hunan Publishing Investment Holding Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Perseus Book Group was founded in 1996 by venture capitalist Frank Pearl. It is an independent company that represents independent publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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French publishing company La Martinière was founded in 1992 by Hervé de la Martinière with an initial focus on illustrated photography, heritage, art, and leisure books, and has since expanded to general trade books. La Martinière acquired Seuil in 2004. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Relx Group is a provider of information solutions for professionals in many industries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Olma Media Group is one of the most rapidly expanding publishing houses in Russia. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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China Publishing Group Corporation (CPG) is a large-scale trade and professional publishing group covering print and digital publishing, copyright transactions, and book import and export with publication as its core business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2, 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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The Klett Group is Germany’s leading private provider of educational and continued education services, with 56 subsidiaries at 34 locations in 14 countries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Albin Michel is one of France’s leading literary and educational publishers, and has been honored by the country’s highest literary awards. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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The Temporary Bride by Jennifer Klinec (Virago) has been voted reading groups’ favourite read by a debut author following a poll to celebrate National Reading Group Day. The Reading Agency and The Booksellers Association revealed on Saturday (20th June), National Reading Group Day, that Klinec... Continue reading at The Bookseller
[ The Bookseller | 2015-06-23 00:00:00 UTC ]
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A book review of Rise of the Robots: Technology and the Threat of a Jobless Future, by Martin Ford. The post Rise of the Robots: How Far Will They Go? appeared first on WIRED. Continue reading at Wired
[ Wired | 2015-06-16 00:00:00 UTC ]
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Egmont Book Publishing has reported soaring sales and profits at Egmont UK, thanks partly to the success of Minecraft. Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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St. Martin's has signed signed up Dinki for a cookbook called 'Meat on the Side,' which offers recipes that put “meat in the passenger seat.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-11 00:00:00 UTC ]
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Victoria Hislop proved tougher than the American Sniper, with the British author’s newest release seeing off a single-channel promotion to earn her first number one in six years. Hislop’s The Sunrise (Headline) sold 26,055 units through Nielsen BookScan’s Total Consumer Market in its first week... Continue reading at The Bookseller
[ The Bookseller | 2015-06-10 00:00:00 UTC ]
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Kensal Rise Library is set to open for the first time in five years this weekend, with a community open day. The library was closed by Brent Council in 2011 and denied permission for a community library in the space, becoming a flashpoint for library campaigners, with authors such as Alan... Continue reading at The Bookseller
[ The Bookseller | 2015-06-04 00:00:00 UTC ]
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Sales of comics for kids and YA readers continue to grow in the book trade along with the number and variety of kids comics on display from such publishers as Andrew McMeel, Papercutz, Toon Books, Scholastic and others. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-02 00:00:00 UTC ]
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The viral news publisher has made a push into hard news, with nearly half its editorial staff devoted to traditional news stories. But the vast majority of its traffic is still driven by entertainment and lifestyle content. Seventeen percent of its traffic in April, the first month BuzzFeed... Continue reading at Digiday
[ Digiday | 2015-05-29 00:00:00 UTC ]
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