Houghton Mifflin plans to cut hundreds of employees

Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could mean up to 450 employees could be laid off, or as few as 360 if the company cuts 8 percent, the low end of its estimate. Houghton Mifflin (Nasdaq: HMHC) said the cuts, combined with other cost-saving efforts,… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
News tagged with: #save money #regulatory filing

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IPC says 'business as usual' as Time Warner plans to spin off publishing arm

IPC Media is focusing on not being distract by events outside of its control, as parent company Time Warner unveiled plans to spin off its magazine division Time Inc last night. Continue reading at Media Week

[ Media Week | 2013-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ipc media #publishing arm


Campbell: 'planned exit' from Mainstream

Mainstream co-founder Bill Campbell has said the decision to cease forward publishing represents... Continue reading at The Bookseller

[ The Bookseller | 2013-03-01 00:00:00 UTC ]
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Five Ways to Cut Cost Through Production Efficiencies

Today more than ever publishers are looking for ways to save time and money in production. There are several obvious measures that can reduce cost and increase margins, however some solutions can be so sweeping that they jeopardize the integrity of the title, which in turn could tarnish your... Continue reading at Folio Magazine

[ Folio Magazine | 2013-03-01 00:00:00 UTC ]
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John Smith plans Africa expansion

John Smith & Son has seen a like-for-like sales increase of 14.3% in the year 2011-12, led by... Continue reading at The Bookseller

[ The Bookseller | 2013-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales increase


With New Plan, APP Works to Win Back Customers

After announcing in early February that it had discontinued sourcing paper from threatened Indonesian rainforests, a representative of Singapore-based Asia Pulp & Paper (APP) was at the International Toy Fair Show in New York last week to explain the policy to toy companies and children’s... Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #early february #toy companies #book publishers


Penguin Children's reveals brand plans for 2013

Children's laureate Julia Donaldson's follow-up to Edward Lear's classic, The Owl and... Continue reading at The Bookseller

[ The Bookseller | 2013-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin children


Time Inc. cuts some 500 jobs

Time Inc., the publisher of magazines including Time and Sports Illustrated, has begun eliminating about 6% of its head count—nearly 500 jobs—in the biggest round of cuts at the company since 2008."With the significant and ongoing changes in our industry, we must continue to transform our... Continue reading at Crains New York

[ Crains New York | 2013-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trouble spots #meredith corp #home journal #family circle #year totaled #equivalent period #financial results #fourth quarter


Support for Seven Stories as it fights funding cut

Seven Stories, the national centre for children's books, is making a final push to galvanise... Continue reading at The Bookseller

[ The Bookseller | 2013-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #national centre #final push


San Antonio plans one of the nation's first bookless libraries

The $1.5-million San Antonio library – which will have computers, tablets, and e-readers, but no paper books – will be like 'an Apple store.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookless libraries #paper books #apple store


Westminster library staff tackle bosses on cuts

The staff of Westminster libraries have written an open letter to their council bosses, urging... Continue reading at The Bookseller

[ The Bookseller | 2013-01-17 00:00:00 UTC ]
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Audiobooks.com drops all-you-can-listen-to book plan

When Audiobooks.com launched a year ago, the service’s distinguishing factor was that it provided unlimited audiobook listening for a flat $25 monthly fee. On Monday, the company changed course and switched to a two-tier pricing model for a specific number of books. Audiobooks.com now charges... Continue reading at PC World

[ PC World | 2013-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book catalog #pricing options


Cleeves 'furious' at Newcastle library plans

Author Ann Cleeves has described herself as "furious" over Newcastle City Council's... Continue reading at The Bookseller

[ The Bookseller | 2013-01-08 00:00:00 UTC ]
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France Rejects Plan to Block Online Ads

The Internet service provider Free restored the ads after meetings with French online publishing and advertising groups, which had complained about a loss of revenue. Continue reading at The New York Times

[ The New York Times | 2013-01-07 00:00:00 UTC ]
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Puffin plans Doctor Who e-shorts series

Puffin is joining in the Doctor Who 50th anniversary celebrations by publishing a year-long e-... Continue reading at The Bookseller

[ The Bookseller | 2013-01-03 00:00:00 UTC ]
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Belgian Media Planning Shared Digital Content Passport

Fresh from apparently wrangling online content fees from Google last month, Belgian newspaper websites will, in 2013, launch an industry-wide platform to take back their readers. Major Flemish- and French-language newspaper publishers, magazine publ ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-01-02 00:00:00 UTC ]
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Government plans new copyright exceptions

The government is to introduce exceptions to copyright law that would allow individual users to... Continue reading at The Bookseller

[ The Bookseller | 2012-12-20 00:00:00 UTC ]
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Wiley results 'disappointing', plans restructure

Wiley’s sales and operating income have been hit in its second quarter due to a weak higher... Continue reading at The Bookseller

[ The Bookseller | 2012-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating income #quarter due


Amazon Kindle bookstore reaches Canada, cuts Americans (partly) out of the loop

Canadians have had to be content with a form of Kindle Store limbo until now. They could buy Kindle ebooks, but they've had to rely on a US-centric portal that scarcely acknowledges their literary tradition. As of this weekend, they don't have to cross the virtual border: Amazon Canada now has... Continue reading at Engadget

[ Engadget | 2012-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary tradition #margaret atwood #kindle paperwhite


'Overwhelming' response to Foyles revamp plans

Foyles has said it has received an "overwhelming" response, including from heads of... Continue reading at The Bookseller

[ The Bookseller | 2012-12-07 00:00:00 UTC ]
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Amazon’s Plan: “Sell Millions of Kindles in Brazil,” says Naggar

Through exclusive interviews with Amazon's David Naggar, author Paolo Coelho, and others, we get behind the scenes of Amazon's Kindle Store launch in Brazil this week. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david naggar #sell millions #exclusive interviews