Further quarterly revenue drop at S&S

Revenues for Simon and Schuster's global operations dropped 5.7% year on year in the second quarter of  2015, its parent company CBS has reported. The total for the quarter stood at $199m, a drop of $12m. However operating income was $25m, up 9% from $23m in the second quarter of 2014, with CBS saying that the “revenue decline was more than offset by lower production and distribution costs”. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-08-07 00:00:00 UTC ]
News tagged with: #7% year #operating income #revenue decline

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Amazon reportedly to drop MFN clauses from ebook deals

Amazon has offered to drop the Most Favoured Nation clauses from its ebook contracts, following a European Commission investigation into the online retailer’s deals, it has been reported today.  Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Publishers made only 14 percent of revenue from distributed content

Publishers are only making 14 percent of their revenue from distributing their content on third party platforms, according to a new report from Digital Content Next, the premium publishers’ trade group. The majority of publishers’ distributed revenue came from YouTube, as newer platforms and... Continue reading at Digiday

[ Digiday | 2017-01-24 00:00:00 UTC ]
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Philippe Sands shortlisted for 2017's Jewish Quarterly Wingate Prize

Baillie Gifford Prize winner Philippe Sands has been shortlisted for the 2017 Jewish Quarterly Wingate Prize, awarded to the best book, whether fiction or non-fiction, to "translate the idea of Jewishness to the general reader".  Continue reading at The Bookseller

[ The Bookseller | 2017-01-13 00:00:00 UTC ]
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'Enterprise revenues' offer newspapers a lifeline for the future

In a new book about the decline of journalism, stockbroking analyst Lorna Tilbian examines the potential of an alternative source of income for publishers Stockbroking media analysts are dispassionate observers of the industry. One of the most respected of their number is Lorna Tilbian, now head... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
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Facebook Is Testing Out Mid-Roll Ads to Further Boost Its Video Revenues

Look out, YouTube. Facebook is trialing mid-roll ads for videos that are viewed for at least 20 seconds, according to a report today by Recode, which cited unnamed industry sources. The digital giant declined to comment on the report.  Simply put, Facebook wants to generate cash from the clips... Continue reading at AdWeek

[ AdWeek | 2017-01-10 00:00:00 UTC ]
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Parragon reports sales drop of 4.9%

Overall sales for Bath-based publisher Parragon Books were down £3m year-on-year to £58.6m in the 12 months ending 31st March 2016, according to results filed at Companies House. Continue reading at The Bookseller

[ The Bookseller | 2016-12-25 00:00:00 UTC ]
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New analysis shows extent of England's library book spend drop

Book spend for libraries in England has fallen by £35m since 2005, while book lending to adults and children has declined by 36.5% and 21% respectively in the last five years, new analysis from library campaigner and former Watersones' m.d. Tim Coates has revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-12-16 00:00:00 UTC ]
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Wonder Woman dropped as UN equality champion

The UN drops comic book heroine Wonder Woman as an ambassador, two months after a contentious appointment. Continue reading at BBC News

[ BBC News | 2016-12-13 00:00:00 UTC ]
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Publishing Revenue Fell 7% at Wiley

Sales in John Wiley's newly-created publishing segment fell 7% in the second quarter ended October 31, 2016 compared to a year ago. Book sales fell 9% in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-07 00:00:00 UTC ]
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Conde Nast Britain’s 18-person native ad team accounts for half its digital revenue

Most publishers want to wean themselves off display advertising, and content studios are where the biggest growth opportunities lie. For Conde Nast Britain, native advertising revenue has mushroomed in the last six months, since it set up a dedicated custom content team. It's the data analysts... Continue reading at Digiday

[ Digiday | 2016-11-28 00:00:00 UTC ]
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In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016

In a consistent German book market, the Boersenverein reports rising ebook sales by volume, but lower prices are driving down revenue from digital products. The post In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-11-23 00:00:00 UTC ]
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B&N Second Quarter Sales Fall 4.0%

Barnes & Noble attributed its overall decline in the quarter—which saw retail group sales fall 3.5%, and comparable store sales drop 3.2%—to lower store traffic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-22 00:00:00 UTC ]
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Why is Emma Watson dropping books on London subways?

It's part of a collaboration between Emma Watson's feminist book group, Our Shared Shelf, and Books on the Underground, which leaves books all over the London subway system for riders to enjoy. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-11-12 00:00:00 UTC ]
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Canada's Access Copyright predicts 55% royalty drop in 2017

Canadian national organisation Access Copyright is warning creators and publishers that 2017 royalties could fall by as much as 55% due to a reduction in revenue from the educational sector. Continue reading at The Bookseller

[ The Bookseller | 2016-11-12 00:00:00 UTC ]
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Book Publishers See Third-Quarter Bounce

Results in the July-September period improve after a disappointing start to 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-11 00:00:00 UTC ]
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Harry Potter helps Hachette UK to 30% third quarter sales rise

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[ The Bookseller | 2016-11-11 00:00:00 UTC ]
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Hachette Book Group Sees Revenue Up Over 12% in Q3

The 12.9% gain in the quarter at HBG USA excludes results from the Perseus publishing group, which Hachette bought in March. HBG CEO Michael Piestsch said the purchase had a "sizable" and "positive" impact on the house's top line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-10 00:00:00 UTC ]
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Several publishers on Medium have seen their traffic drop

In April, a batch of small publishers migrated to Medium in the hopes that the platform’s network effect would increase their reach. But seven months after the move, ComScore and Alexa data show that most of these publishers have seen their traffic decline. "It was never my intention to move to... Continue reading at Digiday

[ Digiday | 2016-11-08 00:00:00 UTC ]
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Springsteen helps S&S to 11% rise in third quarter sales

Books by Bruce Springsteen and Amy Schumer have helped Simon & Schuster to an 11% year-on-year increase in its third quarter revenue to $226m (£181m). Continue reading at The Bookseller

[ The Bookseller | 2016-11-05 00:00:00 UTC ]
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Tronc Plunges After Gannett Drops Takeover Bid; ADM Gains

Newspaper publisher Tronc plunges after Gannett abandons deal talks; Archer Daniels Midland, Coach gain on earnings beat Continue reading at ABC News

[ ABC News | 2016-11-02 00:00:00 UTC ]
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