HMV issues third profit warning

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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Warning: In just a few days, the ebooks you've purchased from Microsoft will vanish

It's a little while since Microsoft announced that is dropping the Books category from the Microsoft Store, but a serious deadline is now looming. If you have bought books or downloaded free books from the Store, you only have a few more days to read them -- so if there are any you haven't... Continue reading at Betanews

[ Betanews | 2019-06-28 15:41:08 UTC ]
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The single best Dem debate measurement. Plus, the magazine industry has 'Issues'

Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here’s the previous edition. Debate team: Just about every publisher seems to have a hot (or lukewarm) take... Continue reading at Advertising Age

[ Advertising Age | 2019-06-27 19:01:33 UTC ]
More news stories like this | News stories tagged with: #lead sponsor #play button #hearst


How Magazine Publishers Are Cutting Print Costs to Improve Profits

Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-27 17:04:10 UTC ]
More news stories like this | News stories tagged with: #core subscribers #shared stories #tech providers #niemeier prefers #limit contracts #custom publications #geographic regions #light customization #increasing productivity #multiple channels #magazine publisher


Book Culture's future at risk, warns New York indie owner

The owner of New York's Book Culture bookshops says the business's four stores are in danger of closing unless they receive help from the city.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-25 02:20:48 UTC ]
More news stories like this | News stories tagged with: #book culture #bookshop


AAP Issues Its Annual 2018 StatShot Look at the US Publishing Industry

Describing a gradual decline in revenue for the US book business, the AAP's StatShot annual report estimates that the industry made $25.82 billion in 2018. The post AAP Issues Its Annual 2018 StatShot Look at the US Publishing Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-24 03:19:46 UTC ]
More news stories like this | News stories tagged with: #book business #publishing industry


How Nielsen Is Using Its Cannes Yacht for Good as Well as for Profit

CANNES, France--If you want to rent a yacht for client meetings, branded events or just a good, old-fashioned party in Cannes, it'll set you back about a quarter of a million dollars this week. As Adweek's Ronan Shields reported that's a relative bargain. Nielsen is back with its yacht this... Continue reading at AdWeek

[ AdWeek | 2019-06-19 20:19:28 UTC ]
More news stories like this | News stories tagged with: #million dollars #events including #nielsen


Facebook warns that it can’t fully solve the toxic content problem

Facebook Inc. is under pressure to rid its site of hate speech and fake news but warned it can’t build a platform impervious to human nature. “This is not a fully solvable problem,” Carolyn Everson, a vice president responsible for marketing at the social media giant, said on a panel Tuesday at... Continue reading at Advertising Age

[ Advertising Age | 2019-06-18 20:37:03 UTC ]
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Lambda Literary 2019 Awards Issued in 24 Categories in LGBTQ+ Content

In their 31st year, the Lammys were sponsored by the Big Five publishers, independent houses, booksellers, and other retailers. The post Lambda Literary 2019 Awards Issued in 24 Categories in LGBTQ+ Content appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-05 05:30:38 UTC ]
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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book fair


BookExpo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #town hall #annual meeting


Book Expo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
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‘Beyond Nine Lives’: Salon’s New Owners Look to Trim Costs as They Seek Easy Profit

Salon’s new owners say they see an easy path to profits for the troubled news publisher. On May 8, Salon Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-20 19:00:45 UTC ]
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Four out of five people expect Facebook to have another data privacy issue this year

People are becoming more aware of the need to protect their data online, not just because of the rate of cybercriminal activity, but also because large organizations are frequently being careless with the data they hold. A new survey of 1,000 people from OpenVPN reveals that four out of five... Continue reading at Betanews

[ Betanews | 2019-05-15 14:28:45 UTC ]
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Susskind wins Estoril Global Issues Distinguished Book Prize

James Susskind will receive the €15,000 (£13,000) Estoril Global Issues Distinguished Book Prize later this month for his debut Future Politics (Oxford University Press). Continue reading at The Bookseller

[ The Bookseller | 2019-05-14 00:00:00 UTC ]
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Singapore debates a law targeting fake news online. Critics warn of a chilling effect

Facebook, Twitter and Google have been under fire all over the world for not doing enough to police their platforms for misinformation. The Singaporean government thinks it has a solution: a law that imposes jail time and hundreds of thousands of dollars in potential fines for posting or failing... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-08 00:00:00 UTC ]
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Writing at risk of becoming an 'elitist' profession, report warns

Though the average writer earns £10,000 a year, mean household earnings are more than £81,000 – a result bestselling author Kit de Waal calls problematicWriting is in danger of becoming an elitist profession, with many authors being subsidised by their partners or a second job in order to stay... Continue reading at The Guardian

[ The Guardian | 2019-05-07 00:00:00 UTC ]
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Sales, Profits Up in Q1 at S&S

Sales at Simon & Schuster rose 3% in the first quarter of 2019 over the comparable period in 2018, rising to $164 million from $160 million a year ago. Operating income increased 6%, to $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
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Why The Washington Post Magazine Created an “All-Cover” Issue for Earth Day

"A successful magazine cover makes a statement," wrote Richard Just, editor of The Washington Post Magazine, in a note accompanying the Sunday insert's April 21 issue. "The subject being illustrated is worth your time and attention." But for a topic as vital as climate change—around which the... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-02 00:00:00 UTC ]
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ESPN The Magazine Will Shutter After the Release of the September 2019 Body Issue

It's four months into the year, and the industry is losing another print publication. This time around it's ESPN The Magazine. "Our journalists will continue to create the same exceptional content. Consumer habits are evolving rapidly, and this requires ESPN to evolve as well," ESPN said in a... Continue reading at AdWeek

[ AdWeek | 2019-04-30 00:00:00 UTC ]
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Frankfurt and Motovun Group Issue Call for Illustrated Books About Film

The Motovun Group of International Publishers again joins the Frankfurter Buchmesse administration in offering an award for an illustrated book about film. The post Frankfurt and Motovun Group Issue Call for Illustrated Books About Film appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post frankfurt #illustrated books #international publishers #illustrated book