HMH Trade Posts Small Loss in Quarter

Sales in Houghton Mifflin Harcourt’s trade publishing division fell 20% in the first quarter of 2014 compared to the first period of 2013. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]

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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 ]
More news stories like this | News stories tagged with: #generally considered #$349 million #houghton mifflin harcourt #trade publisher


Restructuring, Covid-19 Leads to Huge HMH Loss

Restructuring charges and the global pandemic took a toll on Houghton Mifflin Harcourt in 2020, as the company reported a 25.8% decline in revenue in the year and a net loss of $480 million, compared to a loss of $213.8 million in 2019. HMH's trade division, which is for sale, had a 6% sales gain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-25 05:00:00 UTC ]
More news stories like this | News stories tagged with: #restructuring charges #net loss #global pandemic #company reported #8% decline #trade division #houghton mifflin harcourt


Publishers Association welcomes post-Brexit trade agreement

The announcement today (24th December) that a deal for post-Brexit trade has been struck between the UK and the European Union has been welcomed by the PA. Continue reading at The Bookseller

[ The Bookseller | 2020-12-24 16:58:27 UTC ]
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Scholastic revenues plunge 32% but trade sales up in second quarter

Scholastic saw revenues plunge 32% year on year to $406.2m and operating income fall 54% in the second quarter, as its business continued to be hit by the pandemic, although trade sales rose. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 18:36:39 UTC ]
More news stories like this | News stories tagged with: #trade sales #scholastic


Big Publishers Post Big Third- Quarter Gains

The easing of lockdowns and strong increases in digital sales led to double-digit sales gains for four trade publishers that reported financial results for the quarter ended September 30 over the same period in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
More news stories like this | News stories tagged with: #strong increases #trade publishers


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 ]
More news stories like this | News stories tagged with: #trade group #houghton mifflin harcourt


Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
More news stories like this | News stories tagged with: #fiscal year #fourth quarter #scholastic


Small Press Distribution is asking for $100,000 to cover coronavirus-related losses.

Small Press Distribution, which has brought titles from hundreds of independent publishers to readers for more than 50 years, is in urgent need of financial help to keep from folding. A GoFundMe campaign is aiming to raise $100,000 to cover its next month of costs, including health care for its... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-21 15:11:21 UTC ]
More news stories like this | News stories tagged with: #independent publishers #gofundme campaign #small press


Industry Sales Posted Small Gain In 2019

Sales of adult trade books fell 2.7% in 2019 compared to 2018, while sales in the children/young adult segment rose 6.8%, according to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-14 04:00:00 UTC ]
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German book market posts small 2019 rise

Even though the holiday season was below par, Germany’s book market narrowly avoided another major disappointment and finished the year on a positive note. Overall sales were up in 2019 by 1.4% in value. In volume they followed a recent pattern and were down marginally, by 0.4%. Continue reading at The Bookseller

[ The Bookseller | 2020-01-08 18:34:07 UTC ]
More news stories like this | News stories tagged with: #holiday season #positive note #book market


Quad Posts Q2 Net loss on Lower Revenue

Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #planned purchase #2% compared #net loss


Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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Trade Books Post Good February Sales

Sales of adult trade books rose 6.6% in February over February 2018 after slumping in January, while sales of children/young adult books had a second consecutive month of good sales increases, according to the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-17 00:00:00 UTC ]
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Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hmh trade #net loss #entire company #education division


HMH Trade Forms Audiobook Unit

The newly formed HMH Audio will release its first titles this fall and plans to release 75 titles annually drawn from its adult and young reader lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-20 00:00:00 UTC ]
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HMH Trade in Realignment

An HMH spokesperson said the realignment included "a limited set of position eliminations, as well as the creation of new roles to meet our business goals." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-29 00:00:00 UTC ]
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The Mainstreet Trading Company triumphs as Britain’s Best Small Shop of 2018

An independent bookshop, The Mainstreet Trading Company’s Bookshop & Café, has been named Britain’s Best Small Shop of 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-11-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #named britain #small shop #independent bookshop #bookshop caf


Reading the small print: rural papers defy the odds in a sea of job losses

While large publishers are cutting staff and coverage, some regional independents are thrivingSince 1869, the Herald and Weekly Times has been the paper that regional Australia has turned to. But in the last two weeks, the paper run by News Corp out of the Melbourne office has cut four... Continue reading at The Guardian

[ The Guardian | 2018-10-07 00:00:00 UTC ]
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HMH Trade Sales Down 15% in Q2

With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #frontlist titles


B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #total sales #net loss #net income