Haynes warns profits will be hit by US tax rate

Car manual producer Haynes Publishing Group has said it expects adjusted profit before tax to be up by 10% on the previous year when it reports its annual financial results. Continue reading at 'The Bookseller'

[ The Bookseller | 2018-06-02 00:00:00 UTC ]

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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain

The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
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Untitled launches online journal after lockdown hits salon event

Under-represented writers' platform Untitled is launching an online journal of pieces on the pandemic after its first salon of 2020 was cancelled due to the lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-21 17:23:31 UTC ]
More news stories like this | All news stories tagged with: #cancelled due #online journal #platform untitled #under-represented writers


Agents warn publishers to 'think carefully' on delaying author payments

“Many” requests have been made by publishers about the possibility of delaying payments to authors to help improve cashflow in the difficult circumstances caused by Covid-19, it has emerged. Continue reading at The Bookseller

[ The Bookseller | 2020-04-20 15:49:24 UTC ]
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Bloomsbury to issue shares and cut costs, anticipating sales hit

Bloomsbury is issuing new shares and implementing a raft of cash-saving measures to counter the impact of recent retail closures on its business, which in a "prudent downside scenario" the company estimated could see print revenues fall as much as 75%.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 01:14:48 UTC ]
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Taylor & Francis owner Informa issues shares as coronavirus hits business

Taylor & Francis owner Informa has launched an issue of shares worth 19.9% of its existing capital as the coronavirus pandemic hits its events business. Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 15:21:35 UTC ]
More news stories like this | All news stories tagged with: #events business #existing capital


In Mexico, PRHGE Prioritizes Digital as Coronavirus Hits

Penguin Random House Grupo Editorial Mexico has shifted to teleworking and added new digital workflows, and is offering online classes prioritizing the sales of e-books, much for the first time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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New Works by Writers with Disabilities Hit Publisher Lists

For the first time, a spate of new and forthcoming titles written by people with disabilities across the United States suggests that the publishing industry may finally be amplifying their voices and stories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Independent and Profitable, Digital Trends Aims to Redefine Tech Media

Asked whether, back in 2006, he could have possibly envisioned that the tech review blog he co-founded, using rented office space above an Oregon furniture store, would one day grow into a profitable digital media enterprise spanning three offices on two coasts and attracting talent from the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-31 17:01:10 UTC ]
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Myriad pre-empts You, Me & The Sea by Elizabeth Haynes

Myriad has pre-empted Elizabeth Haynes’ You, Me & The Sea, a love story set on a remote windswept Scottish island.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 07:18:09 UTC ]
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Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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Shipping Delays Hit Books, Other Products, at Amazon

The surge at Amazon for such items as household staples and health and medical goods has resulted in extended shipping times for other products, including books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #including books #household staples


PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Emily St. John Mandel’s ‘Station Eleven’ was a huge hit. Now she’s back with a different apocalypse.

“The Glass Hotel” is inspired by Bernie Madoff’s Ponzi scheme, so the real pathogen this time is deceit. Continue reading at The Washington Post

[ The Washington Post | 2020-03-23 18:17:00 UTC ]
More news stories like this | All news stories tagged with: #glass hotel #huge hit #station eleven #john mandel #emily st


Trade trio launches £10,000 crowdfunder for booksellers hit by Covid-19 crisis

Three members of the trade have launched a £10,000 crowdfunder raising money for hardship grants to help booksellers hit by the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 07:43:54 UTC ]
More news stories like this | All news stories tagged with: #coronavirus crisis #hardship grants #covid-19 crisis #booksellers hit


Barnes & Noble warns of potential cuts if stores close due to coronavirus

Barnes & Noble boss James Daunt has sent a letter to staff warning of potential lay offs if stores are closed due to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 01:04:03 UTC ]
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Scholastic creates Hunger Games prequel campaign for coronavirus-hit indies

Scholastic UK has created a pre-order campaign for Suzanne Collins' Hunger Games prequel that it says could drive trade to indie bookshops during the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 08:56:22 UTC ]
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Micropublisher 3 of Cups proposes initiative to help out writers with coronavirus-hit incomes

Indie micropublisher and not-for-profit 3 of Cups has announced a new initiative to help writers and artists who might have reduced incomes during the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 18:37:25 UTC ]
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Booksellers call for clarity from Johnson as coronavirus hits business

Booksellers have called for clarity from Boris Johnson’s government as measures to tackle the coronavirus outbreak hit the high street.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 08:20:02 UTC ]
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Government will abolish the 20% 'reading tax'

Rishi Sunak confirmed ebooks and online newspapers will no longer be subjected to sales tax The government will abolish the 20% “reading tax” on ebooks and online newspapers from December, although it is unclear whether publishers will pass the full saving on to customers.Printed books and... Continue reading at The Guardian

[ The Guardian | 2020-03-11 19:46:19 UTC ]
More news stories like this | All news stories tagged with: #ebooks #kindle #news websites #online subscriptions #sales tax #reading tax #printed books


Budget set to grant temporary business rates relief for high street

Chancellor Rishi Sunak is expected to announce temporary relief from business rates for high-street shops at his first Budget today. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 06:20:53 UTC ]
More news stories like this | All news stories tagged with: #business rates #high street