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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Eason sees 2013 profit drop

Profits at Irish-owned book and stationery retailer Eason & Son dropped 11.5% (€300,000... Continue reading at The Bookseller

[ The Bookseller | 2014-08-22 00:00:00 UTC ]
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HMH Trade Group Down in Second Quarter

Sales in the Houghton Mifflin Harcourt trade group fell 5% in the second quarter ended June 30, 2014, and the unit had an operating loss of $1.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-14 00:00:00 UTC ]
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Harper 2014 Earnings Jump 5%; S&S Second Quarter Up 12%

According to two different reports, HarperCollins finished a strong fiscal 2014, which ended June 30, with revenue of $1.4 billion, up 5% over last year, while Simon & Schuster reported second-quarter revenues of $211 million, a 12% increase over the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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Simon & Schuster Second Quarter Sales Rise 12%

S&S reported a 12% rise in revenue in the second quarter of 2014, credited the growth to such print bestsellers as Hillary Clinton's 'Hard Choices' and Stephen King's 'Mr. Mercedes.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
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Hachette, Ingram Drop Plans to Buy Perseus

The planned acquisition of Perseus, by Hachette Book Group and Ingram, is off. David Steinberger, CEO of Perseus, said that, despite much effort from all three parties, an agreement could not be be reached on "everything necessary" to close the deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-07 00:00:00 UTC ]
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Indigo Has Big First Quarter

Indigo Books & Music got off to a strong start in fiscal 2015, posting a 5.4% growth in revenue in the first quarter ended June 28, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-06 00:00:00 UTC ]
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Mixed Quarter for Courier

Courier Corp. reported that revenue in the third quarter ended June 28, 2014 rose 5%, to $67.7 million. Net income slipped to $1.1 million, from $1.7 million in last year’s third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-05 00:00:00 UTC ]
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Programmatic Trends Depress Digital Ad Revenue at Meredith

Advertising technologies such as real-time bidding and automated auctions are driving digital revenue downward at Meredith Corp.'s National Media Group, which includes the company's magazines like Better Homes & Gardens as well as websites such as AllRecipes.com.Digital ad revenue fell 4% at... Continue reading at Advertising Age

[ Advertising Age | 2014-08-01 00:00:00 UTC ]
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Amazon to Hachette: Lower ebook prices and we won't ask for more of the revenues

Amazon recently extended a public challenge to Hachette, saying that if the publisher will lower ebook prices to $9.99, the company won't ask for a larger share of the revenues. This is the first time Amazon has publicly shared details of the dispute between the two companies. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-31 00:00:00 UTC ]
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Amazon says $9.99 ebooks will boost revenue, including for Hachette

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[ PC World | 2014-07-30 00:00:00 UTC ]
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Digital sales up 10% in first quarter

Consumer ebook sales rose 10% in the first quarter of 2014, according to the Publishers... Continue reading at The Bookseller

[ The Bookseller | 2014-07-21 00:00:00 UTC ]
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Weltbild drops Paragon for Droege

In a surprise move, insolvent German book chain Weltbild has walked away from a deal with private... Continue reading at The Bookseller

[ The Bookseller | 2014-07-17 00:00:00 UTC ]
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E-book Sales Rose 4% in First Quarter

Trade ebook sales rose 4.3% in the first quarter of 2014 to $387.9 million, according to AAP's monthly StatShot report. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-17 00:00:00 UTC ]
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First Quarter Results Jump at EDC

Revenue at Educational Development Corp. rose 20%, to $7.2 million, in the first quarter ended May 31, 2014 compared to the first period of fiscal 2014. Earnings in the period jumped to $239,700 from $66,600 in last year's first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Conde Nast Drops Longstanding Policy Affecting Beauty Advertisers

A change to a policy at Conde Nast that affects major beauty advertisers is sending waves of anxiety through some of its largest magazines, including Vogue and Glamour.Referred to internally as the "beauty rotation," the policy long dictated the order in which ads from Revlon, Estee Lauder,... Continue reading at Advertising Age

[ Advertising Age | 2014-07-09 00:00:00 UTC ]
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Typical author earnings 'dropped to £11,000 in 2013'

The typical income for a professional author in 2013 was just £11,000, more than £5,... Continue reading at The Bookseller

[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Industry Sales Flat in 2013; Trade Dropped 2.3%

Industry sales were just about flat in 2013, falling by less than 1%, to $27.01 billion, from $27.12 billion in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-26 00:00:00 UTC ]
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Wiley sees print sales drop in 2014

Wiley is positioned to “become a solutions leader in professional learning and development... Continue reading at The Bookseller

[ The Bookseller | 2014-06-17 00:00:00 UTC ]
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Time shares drop on market debut

Shares in newly spun-off Time Inc - publisher of magazines including Time, People and Fortune - plunge 4% after being spun off from parent company Time Warner. Continue reading at BBC News

[ BBC News | 2014-06-09 00:00:00 UTC ]
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Native Ad Revenue May Be One Click Away With ‘Selfies’

Community news publishers everywhere are searching hard for new revenue. But who knew that dollars might be staring them virtually  in the face?   Broadstreet, which provides ad services to news publishers, is offering a new ad unit c ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-06-02 00:00:00 UTC ]
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