HMV issues second profit warning

Written By: Lisa Campbell Publication Date: Tue, 01/03/2011 - 09:28 The HMV Group has issued its second profit warning of the year and will breach a bank covenant test when it announces full year results in April. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
News tagged with: #profit warning #hmv group

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Don't write off physical too early, trade warned

Written By: Graeme Neill Publication Date: Fri, 30/09/2011 - 08:55 Publishers should not be too quick to write off physical products and should encourage competition between a number of digital players to avoid the mistakes the record industry made, the director general of the Entertainment... Continue reading at The Bookseller

[ The Bookseller | 2011-09-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #director general #digital players #physical products


2010 profits fall at Canongate

Written By: Graeme Neill Publication Date: Wed, 28/09/2011 - 08:49 Profits at Canongate for its 2010 financial year fell by 42.7%, which the publisher said reflected the cost of acquiring specialist audio publisher CSA, as well as investing in staff and systems. read more Continue reading at The Bookseller

[ The Bookseller | 2011-09-28 00:00:00 UTC ]
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Quercus sees sales drop but profits rise

Written By: Philip Jones Publication Date: Tue, 27/09/2011 - 10:33 Quercus saw an inevitable downturn in sales in the first half of 2011 after its Stieg Larsson enhanced 2010 numbers, but still managed to increase profit, improve its cash position, grow digital sales seven-fold and pay its... Continue reading at The Bookseller

[ The Bookseller | 2011-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #profits rise


Sales rise and profit jumps at Profile

Written By: Benedicte Page Publication Date: Tue, 06/09/2011 - 15:28 Profile has reported a 3% sales rise to £7.35m for the year to end 31st March 2011, with profits up 69% to £405,000. M.d. Andrew Franklin said the publisher was delighted to announce these "healthy" results on the day that it... Continue reading at The Bookseller

[ The Bookseller | 2011-09-06 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #serpents tail #andrew franklin #sales rise


Profit and sales up at Haynes

Written By: Charlotte Williams Publication Date: Fri, 26/08/2011 - 09:04 Manuals and DIY publisher Haynes Publishing has reported pre-tax profits of £7.18m, up from £7.17m in 2010, for the year ended 31st May 2011. Like-for-like sales were up 1% to £33.76m from £33.31m in 2010. Segmental... Continue reading at The Bookseller

[ The Bookseller | 2011-08-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #european markets


Media Agenda: James Tye talks about making digital publishing profitable

James Tye, CEO at Dennis Publishing, warns against assuming all your readers want the same, and reveals how the company is monetising its digital products. Continue reading at Media Week

[ Media Week | 2011-08-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital products #dennis publishing


Penton Folds Second Magazine With August Issue

In addition to Penton Media folding 123-year old American Printer magazine, Penton's PFFC (Paper, Film & Foil Converter) is also ceasing publication with its August issue (September editorial content will be posted to the website before the digital products fold as well). Continue reading at Folio Magazine

[ Folio Magazine | 2011-08-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ceasing publication #august issue


Brent warned not to close libraries "by stealth"

Written By: Benedicte Page Publication Date: Thu, 11/08/2011 - 15:20 The lawyer representing Brent library campaigners has warned Brent council not to undermine the borough's library services while both parties await the results of July's High Court judicial review. The judge in the case, Mr... Continue reading at The Bookseller

[ The Bookseller | 2011-08-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #library services #close libraries


Penguin's sales and profits fall in first half as digital rises

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 09:30 Penguin reported lower sales and profits in the first half of 2011 as it adjusted to the "unprecedented challenges" afflicting the publishing sector including the loss of high street booksellers in the US and Australia... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #operating profit #unprecedented challenges #e-book sales #profits fall


Random House profits marginally down in 2010

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 14:59 The Random House Group's turnover for 2010 is understood to have been £296m, staying level with 2009. Profit was slightly down on 2009, falling from £44.3m to £42.5m, following a year of digital investment and challenges... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital investment


Profits surge at OUP

Written By: Lisa Campbell Publication Date: Thu, 28/07/2011 - 14:11 Oxford University Press has described a surge in pretax profit by nearly 25% as "excellent", but said it does not underestimate the challenges publishers are facing. The academic publisher has reported pretax profits of... Continue reading at The Bookseller

[ The Bookseller | 2011-07-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #increased sales #academic publisher #challenges publishers #profits surge


BA issues plea for Xmas catalogue suggestions

Written By: Graeme Neill Publication Date: Wed, 13/07/2011 - 15:34 The Booksellers Association has issued a last minute plea for independent booksellers to suggest titles for its 2011 Christmas catalogue. Indies have until the deadline of 22nd July to order the catalogue. Submissions will be... Continue reading at The Bookseller

[ The Bookseller | 2011-07-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #independent booksellers #booksellers association


Neil appointed HMV commercial director

Written By: Graeme Neill Publication Date: Mon, 11/07/2011 - 08:50 Michael Neil, Waterstone's former commercial director, has joined HMV as its new commercial director. He has been appointed to the retailer with immediate effect and replaces Gary Warren, who recently left to pursue new... Continue reading at The Bookseller

[ The Bookseller | 2011-07-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #recently left #commercial director


Profit up at Waterstone's despite sales dip

Written By: Lisa Campbell Publication Date: Thu, 30/06/2011 - 09:41 Waterstone’s increased profit by £6.7m last year as like-for-like sales fell by 3.8%, according to financial results released today. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-30 00:00:00 UTC ]
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Condé Nast's digital business edges closer to profit

CondeNet UK, the digital business of magazine publisher Condé Nast UK, edged closer to profitability in 2010, reducing its losses to £180,528, according to its latest financial results. Continue reading at Media Week

[ Media Week | 2011-06-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital business


Browne warns "society will pay" for library closures

Written By: Bookseller Staff Publication Date: Mon, 06/06/2011 - 08:59 The outgoing Children's Laureate Anthony Browne has warned society "will pay the price in the long term" for closing school and public libraries. In a letter to his successor, Browne urged them to campaign against their... Continue reading at The Bookseller

[ The Bookseller | 2011-06-06 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #school libraries #long term #library closures #public libraries


HMV in 'advanced' talks over Waterstone's sale

Written By: Bookseller Staff Publication Date: Fri, 13/05/2011 - 18:25 HMV has confirmed that it is in "advanced discussions regarding a potential sale of Waterstone's". The announcement, made late on Friday, follows a day of increased speculation with reports that Russian investor Alexander... Continue reading at The Bookseller

[ The Bookseller | 2011-05-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bookselling chain #potential sale #advanced discussions


Bertelsmann double profit to €94m

Written By: Graeme Neill Publication Date: Thu, 12/05/2011 - 09:23 Group profit at Random House parent company Bertelsmann more than doubled to €94m (£81.9m) in its first quarter. For the three months to 31st March, consolidated revenues increased to €3.63bn (£3.16bn) from €3.56bn (£3.10bn).... Continue reading at The Bookseller

[ The Bookseller | 2011-05-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #31st march


HMV's Sim moves to Penguin

Written By: Charlotte Williams Publication Date: Thu, 12/05/2011 - 09:39 Penguin Children's Division has appointed HMV group marketing director Graham Sim to the role of creative director. read more Continue reading at The Bookseller

[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Axel Springer First-Quarter Profit Advances on International, Online Sales

German publisher said it was confident for annual sales after reporting strong revenue growth thanks to its expansion abroad and into its digital business. Continue reading at Editor & Publisher

[ Editor & Publisher | 2011-05-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital business #annual sales #german publisher #online sales