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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The four of the Big Five publishers to release their financial results publicly all saw strong increases in earnings in 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-01 04:00:00 UTC ]
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Ex-president blocked Shealah Craighead plan and then made up to $20m from publishing images in own memoir, New York Times saysDonald Trump blocked plans by his chief White House photographer to publish a book of pictures of his time in power – then published a book of such images himself, the... Continue reading at The Guardian
[ The Guardian | 2022-03-31 22:37:41 UTC ]
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Last February, Astra Publishing House announced their new literary magazine, Astra Quarterly, billed as “the international magazine of literature.” Helmed by Nadja Spiegelman, former online editor of The Paris Review and author of I’m Supposed to Protect You from All This, Astra Quarterly is... Continue reading at Literrary Hub
[ Literrary Hub | 2022-03-03 16:27:33 UTC ]
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Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller
[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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Tasked with bringing more cohesion to the Asian and Island Pacific communities in diaspora, Gold House names the first six of its 2022 books. The post Gold House Issues a New Asian and Pacific Islander Reading List appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-01-07 15:01:59 UTC ]
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In a letter welcoming the Hachette Book Group staff back from the holiday break, CEO Michael Pietsch called 2021 “a very successful year for HBG," while also noting that challenges such as supply chain disruptions and return-to-office uncertainties didn't end with the arrival of a new year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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Booksellers Association managing director Meryl Halls says she is "enormously proud" of what booksellers have achieved this year but has raised concerns about "another unsettling stretch" with the emergence of the Omicron variant of Covid-19, concerns about inflation and continued issues with... Continue reading at The Bookseller
[ The Bookseller | 2021-12-23 04:11:09 UTC ]
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Hachette Livre owner Lagardère has raised its publishing division's profitability outlook to 13.5%. Continue reading at The Bookseller
[ The Bookseller | 2021-12-20 11:14:48 UTC ]
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Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post
[ The Washington Post | 2021-12-17 13:00:00 UTC ]
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Penguin Random House chief Markus Dohle has said the publisher is sceptical of streaming platforms as a viable method to distribute audiobooks, following recent buyouts by audio firms. Continue reading at The Bookseller
[ The Bookseller | 2021-11-19 18:47:42 UTC ]
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While efforts to remove books from schools and library collections are common, freedom to read advocates warn that the current, unprecedented spike in challenges is different. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-18 05:00:00 UTC ]
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Amazon has announced it will stop accepting UK-issued Visa credit cards over high fees. Continue reading at The Bookseller
[ The Bookseller | 2021-11-17 17:57:09 UTC ]
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W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at The Bookseller
[ The Bookseller | 2021-11-10 20:28:22 UTC ]
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The industry is facing an escalation in costs, as soaring energy prices and rising shipping fees add to the financial implications of distribution delays, with publishers, printers, analysts and retailers predicting pressure on profits and the likelihood of costs being passed on to consumers. Continue reading at The Bookseller
[ The Bookseller | 2021-10-29 15:37:05 UTC ]
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Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok. Continue reading at The Bookseller
[ The Bookseller | 2021-10-27 14:20:32 UTC ]
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Titles such as Tom Kerridge’s latest cookbook prove popular for Bloomsbury during Covid pandemicCoronavirus – latest updatesSee all our coronavirus coverageBloomsbury, the Harry Potter publisher, has unveiled record sales and profits on the back of the popularity of titles including Tom... Continue reading at The Guardian
[ The Guardian | 2021-10-27 10:02:41 UTC ]
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German book chain Thalia has come through the pandemic in better shape than expected with sales up 7% to more than €1.1bn (approximately £928m) in the 12 months to 30th September in Germany and Austria. Continue reading at The Bookseller
[ The Bookseller | 2021-10-22 15:52:53 UTC ]
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'PW' is tracking book publication dates that are changing as a result of recent supply chain issues. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-18 04:00:00 UTC ]
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It was the most inauspicious of moments but maybe that is why it happened. I was sitting in front of a recently demolished breakfast, across from two friends resuming the thread of a conversation I had stepped back from, while I observed two kids wrestling over a soft toy as a group of adults... Continue reading at The Bookseller
[ The Bookseller | 2021-10-11 12:16:40 UTC ]
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The Bookseller's Disability Issue is published today, guest-edited by author Claire Wade who has called on the trade to harness its adaptability to bring real change for people with disabilities. Continue reading at The Bookseller
[ The Bookseller | 2021-09-24 08:30:53 UTC ]
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