HarperCollins to Acquire HMH Trade

The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]

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At Houghton Mifflin Harcourt, the Consolidation Carousel Continues

HMH joins the ranks of S&S as the latest large trade publisher to be put up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
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HMH Trade Group for Sale; Archer Departs

In an attempt to become a "pure-play learning technology company," HMH is looking to sell its trade group, Houghton Mifflin Harcourt Books & Media. Group president Ellen Archer has left the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-04 05:00:00 UTC ]
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Irrational numbers

As I mentioned during the summer Bloomsbury has become something of a bellwether publisher for the sector, being the only big trade publisher releasing regular UK-specific financial reports. Continue reading at The Bookseller

[ The Bookseller | 2020-10-29 14:54:02 UTC ]
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HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
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Better titles for ex-Trump staffers’ memoirs.

Another day, another announcement of a memoir from a former Trump collaborator. This time, it’s Fiona Hill, an ex-advisor who testified in Trump’s impeachment inquiry, whose “views about the future of a polarized America” will be published by Houghton Mifflin Harcourt in 2021. I have nothing... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-06 19:59:16 UTC ]
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Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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PRH becomes latest trade publisher to pull out of Frankfurt

Penguin Random House has joined the other big trade publishers in pulling out of the Frankfurt Book Fair's physical event this year. Continue reading at The Bookseller

[ The Bookseller | 2020-06-08 07:32:23 UTC ]
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Lockdown diaries: the trade publisher

Lockdown is not something that is at all suited to my personality – I miss my friends, I miss my life and perhaps most importantly - I miss Bancone. Publishing is such a social business and I’ve been finding it incredibly hard to cope without that side of it. Continue reading at The Bookseller

[ The Bookseller | 2020-05-18 13:56:25 UTC ]
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HMH Hoping for a Second Half Rally

Total sales at Houghton Mifflin Harcourt fell only 2.4% in the first quarter of 2020 compared to a year ago, but the educational and trade book publisher said it expects its business to be "severely impacted" by the Covid-19 pandemic in the second quarter. It is projecting that most schools will... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-07 04:00:00 UTC ]
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HarperCollins Withdraws from BookExpo

Reedpop’s decision to move the dates of BookExpo, Unbound, and BookCon from late May to July 22-26 did not convince the country’s second largest trade publisher to attend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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Little Island sells Grehan novel to Houghton Mifflin Harcourt

Irish press Little Island Books has sold North American rights to Houghton Mifflin Harcourt for Meg Grehan’s The Deepest Breath. Continue reading at The Bookseller

[ The Bookseller | 2019-12-06 02:34:16 UTC ]
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The Trouble with “Adam”

WHEN YA PUBLISHER Houghton Mifflin Harcourt put out Ariel Schrag’s Adam in 2014, it felt predetermined that this debut novel would eventually become a movie. Indeed, the promotional materials included a trailer for an imagined film, a digital elevator pitch. Moreover, as a preexisting YA... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-10-26 17:00:36 UTC ]
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HMH Will Cut Workforce by 8%

As part of a financial update released last week, Houghton Mifflin Harcourt said it plans to eliminate about 8% of its workforce in another effort to align its operations with its business objectives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-21 04:00:00 UTC ]
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Book Deals: Week of August 5, 2019

Houghton Mifflin Harcourt lands a new Lois Lowry book, Julia Alvarez reemerges at Algonquin, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
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Naomi Wolf faces ‘new questions’ as US publisher postpones latest book

Houghton Mifflin Harcourt had said it would stand by Outrages after row in UK over its historical accuracy, but has now recalled copies from storesNaomi Wolf’s US publisher has postponed the release of her new book and is recalling copies from booksellers, saying that new questions have arisen... Continue reading at The Guardian

[ The Guardian | 2019-06-14 12:45:53 UTC ]
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Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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Media Decoder Blog: Houghton Mifflin Harcourt Enters Bankruptcy Process

The educational and trade publisher, financially troubled for several years, has agreed with most of its senior lenders and bondholders to a restructuring that would convert existing long-term debt to equity. Continue reading at The New York Times

[ The New York Times | 2012-05-11 00:00:00 UTC ]
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