Higher Costs Dent Earnings Gains at HarperCollins

Earnings in HarperCollins' second quarter ended December 31, 2021, rose 3% over a year ago, while sales increased 13%. The lower profits increase was due in part “to the increase in manufacturing and freight costs exacerbated by supply chain pressures,” parent company News Corp said. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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More than 150 Literary Agents Sign Letter to Support HarperCollins Workers’ Strike

More than 150 literary agents signed a letter promising to stop submitting new books to HarperCollins to support striking workers. Continue reading at Book Riot

[ Book Riot | 2022-11-30 17:34:23 UTC ]
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I’m a HarperCollins author. Here’s why (and how) I won’t cross the virtual picket line.

In days of yore—that is, my childhood in the paper-mill town of Mexico, Maine—a labor strike looked like an ugly affair. Picketing men in steel-toed boots screamed themselves hoarse at every shift change, their righteous anger rising into a sky thick with the sulfurous clouds of... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-23 16:38:06 UTC ]
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Ada Calhoun and Maud Newton on the Revelations We Gain From Writing

The Miami Book Fair began as a two-day event in November 1984, when a small group of determined individuals—including educators from Miami Dade College, independent booksellers, and librarians—founded Miami Book Fair International. In the nearly 40 years since, Miami Book Fair has grown into one... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-22 09:51:48 UTC ]
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How To Support the HarperCollins Union During Their Strike

The HarperCollins Union's demands are for better pay, diversity initiatives, and more security for unionized workers. Continue reading at Book Riot

[ Book Riot | 2022-11-17 17:29:17 UTC ]
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HarperCollins Union Workers Bring Strike to the National Book Awards

As guests lined up to walk the red carpet at the 73rd National Book Awards Celebration, many were greeted by HC union employees offering information about worker rights and fair wages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-16 05:00:00 UTC ]
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England’s Usborne and HarperCollins Announce American Distribution Deal

The new arrangment for Usborne's children's books sees HarperCollins taking over trade back-office functions by February 1. The post England’s Usborne and HarperCollins Announce American Distribution Deal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-14 21:10:20 UTC ]
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Libraries vs. the Cost of Living Crisis

Llibraries are well-placed to help people deal with some aspects of financial pressure. One Rioter shares how libraries are helping in the cost of living crisis. Continue reading at Book Riot

[ Book Riot | 2022-11-14 11:30:00 UTC ]
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These famous authors are expressing solidarity with the striking HarperCollins workers.

As you may have seen on Book Twitter today, the unionized workers of HarperCollins are striking to secure a fair contract, livable wages, and a more equitable publishing industry. Some 250 employees—across the editorial, publicity, sales, marketing, legal and design departments—agreed to go on... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-10 19:23:57 UTC ]
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HarperCollins union workers go on strike over pay ‘for as long as it takes’

Workers at the only ‘big four’ publisher to have a union authorize indefinite strike over low wages and diversityStephanie Guerdan started working in the children’s book department of HarperCollins Publishers six years ago. It was a dream job – just not a dream paycheck. The $33,500-a-year... Continue reading at The Guardian

[ The Guardian | 2022-11-10 18:03:45 UTC ]
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Profits, Sales Tumble at HarperCollins

Sales dropped 11% and profits plunged 54% in the quarter ended September 30 at HarperCollins. Much lower sales of print books through Amazon impacted the revenue decline, and higher costs across the board contributed to the profit drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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As Worker Strike Looms, HarperCollins Financials Decline

A representative for unionized employees called negotiations with the publisher 'disheartening,' and said that there are no bargaining sessions planned after latest proposal rejection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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UK Execs: When Business is Booming and So Are the Costs

As the world book industry gathers in Frankfurt, UK executives share insights on today’s top publishing concerns—chief among them is cost. The post UK Execs: When Business is Booming and So Are the Costs appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-10-20 12:25:15 UTC ]
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HarperCollins Union Workers Planning Second Strike in November

The unionized employees of HarperCollins voted to authorize a strike on Monday, November 7, after the two parties failed to reach an agreement after months of negotiations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-18 04:00:00 UTC ]
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Digiday+ Research: Direct-sold ads lose favor with publishers, while programmatic ads make gains

In surveys spanning from Q1 to Q3, Digiday+ Research found a difference growing between how publishers make money from direct-sold ads and programmatic ads. Continue reading at Digiday

[ Digiday | 2022-10-17 04:01:00 UTC ]
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HarperCollins Lays Off 'Small Number' of Employees

Faced with slowing industry sales and rising costs, HarperCollins has eliminated what it called a "small number" of positions, and instituted a number of other measures in a bid to "operate as efficiently as possible," CEO Brian Murray announced to employees on October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-13 04:00:00 UTC ]
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Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times

[ The New York Times | 2022-10-12 21:51:53 UTC ]
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HarperCollins Buys Cider Mill Press

HarperCollins has acquired Maine independent publisher Cider Mill Press. Cider Mill will become part of the HarperCollins Focus group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-04 04:00:00 UTC ]
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Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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Leadership Changes at HarperCollins Publishers

Abby West has been named v-p and editorial director at Amistad, with promotions for Tara Parsons and Laina Adler to v-p and deputy publisher of their respective imprints. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-30 04:00:00 UTC ]
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