Written By: Lisa Campbell Publication Date: Tue, 05/04/2011 - 09:39 The struggling HMV Group has bought more time to pass covenant tests while issuing a third profit warning. The group, which owns Waterstone's, said "trading conditions have remained difficult" since it issued its last profit warning a month ago and admitted that full year profit before tax was likely to be £30m£8m down on its last prediction. The figure is less than half of last year's profit of £74.2m and a third down on the £45m city analysts forecasted at the beginning of the year. read more Continue reading at 'The Bookseller'
[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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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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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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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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After taking a hit with the rest of the digital media industry during the Facebook and Google advertising duopoly, founder Brit Morin is taking a more hands-on and themed approach to creating the site's content to ready the brand for a comeback. The post Life after Facebook: How Brit + Co became... Continue reading at Digiday
[ Digiday | 2020-03-09 04:00:06 UTC ]
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Monoray has acquired Deep Fakes and the Infocalypse: What You Urgently Need To Know by political commentator Nina Schick and will be publishing this July. Continue reading at The Bookseller
[ The Bookseller | 2020-03-06 05:07:06 UTC ]
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After the late cancellation of London Book Fair due to the coronavirus, Reed says BookExpo aims for a 'proactive and transparent' response to the evolving COVID-19 situation. The post Coronavirus: Reed Exhibitions’ BookExpo Issues COVID-19 Statement appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-03-05 12:30:45 UTC ]
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The Bonnier Group has delivered a 35% increase in operating profit in its latest accounts. Continue reading at The Bookseller
[ The Bookseller | 2020-03-04 10:21:24 UTC ]
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Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller
[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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Struggling company insists there will be no changes in its 30 newsrooms, but experts worry powerful journalism could be lost To executives of McClatchy, Thursday’s bankruptcy of the second largest newspaper chain in the US is the fault of its pensioners, who outnumber current employees by a... Continue reading at The Guardian
[ The Guardian | 2020-02-14 09:00:26 UTC ]
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A new prize has been launched to recognise the work university presses do in addressing issues of global importance. Continue reading at The Bookseller
[ The Bookseller | 2020-01-07 12:50:08 UTC ]
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HMV plans to close three stores by the end of the month as the retailer enters negotiations with landlords in 10 locations as "extortionate business rates mean that certain locations are no longer viable". Continue reading at The Bookseller
[ The Bookseller | 2020-01-05 15:27:06 UTC ]
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Court says state is entitled to any profits from Permanent Record because its publication breached non-disclosure agreementsEdward Snowden is not entitled to the profits from his memoir Permanent Record, and any money made must go to the US government, a judge has ruled.Permanent Record, in... Continue reading at The Guardian
[ The Guardian | 2019-12-20 13:20:57 UTC ]
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Look around your office: barely distinguishable from Deliciously Ella’s IG feed, right? Continue reading at The Bookseller
[ The Bookseller | 2019-11-19 12:08:42 UTC ]
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A WARNING By Anonymous. Twelve. 259 pp. $30 There is a good reason the anonymous Trump administration official who published an opinion essay in the New Y... Continue reading at The Washington Post
[ The Washington Post | 2019-11-13 20:45:27 UTC ]
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Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
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Little, Brown has confirmed it is pushing ahead with publication of A Warning, the new tell-all about Donald Trump's administration by an anonymous senior official, despite the US Department of Justice warning Hachette that the author may be violating "one or more" NDAs. Continue reading at The Bookseller
[ The Bookseller | 2019-11-05 14:37:22 UTC ]
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The Justice Department has written to Hachette about 'A Warning,' asserting that its anonymous author may be in violation of nondisclosure agreements. The post US Justice Department Gives Hachette ‘A Warning’ About Its Anonymous Author appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-04 19:33:48 UTC ]
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Media is dying? Don't tell that to the winners of this year's Publishing Hot List. Whether legacy media outlets or digital upstarts, these publishers are creating groundbreaking work, finding new revenue streams and otherwise nimbly adapting to an unstable landscape. Even as the president... Continue reading at AdWeek
[ AdWeek | 2019-10-21 00:00:55 UTC ]
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Apple is making changes to its news service, including a deal with Verizon to sell ads and new guidelines for publishers, as it tries to make the platform more accessible to marketers and media. On Thursday, Verizon Media won the right to sell ads for Apple News and Apple Stocks in Canada,... Continue reading at Advertising Age
[ Advertising Age | 2019-10-17 21:42:28 UTC ]
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