Indigo Cuts First Quarter Loss

Indigo Books & Music reported a strong first quarter for fiscal 2016, with sales growth of 2.3% and a C$5 million reduction in its loss. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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What Axel Springer’s loss in ad-blocking suit means for UK publishers

Axel Springer and ad blocking company Eyeo have clashed in several court battles. Most recently, the German publisher was handed a slight victory; the ad block company cannot accept a fee from the publisher to be on its acceptable ads initiative. This is encouraging for U.K. publishers; however,... Continue reading at Digiday

[ Digiday | 2016-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk publishers #german publisher #axel springer


Daunt warns of job losses if irresponsible Brexit prevails

Waterstones boss James Daunt has sent a stark email to employees warning that if the UK leaves Europe, the “brutal reality" is that the retailer would be forced to axe jobs. Continue reading at The Bookseller

[ The Bookseller | 2016-06-15 00:00:00 UTC ]
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University Presses Cope with Budget Cuts

Universities are taking different approaches to handling shrinking budgets, from cutting back on staff to expecting presses to rely more on their own resources. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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Accent Press to open bookshop in Cardiff’s creative quarter

Independent publisher Accent Press is to open Octavo’s, a new bookshop, café and wine bar in the heart of Cardiff Bay’s creative quarter. Continue reading at The Bookseller

[ The Bookseller | 2016-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open bookshop #accent press #wine bar


Indigo Posts C$28 Million Profit in Fiscal 2016

Revenue rose 11.0% over fiscal 2015, to C$994.2 million, and the chain had net earnings of C$28.6 million in fiscal 2016 compared to a loss of C$3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Waterstones cuts ebook deal with Kobo

Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #divert customers #reading platform #digital sales


Hachette UK first quarter sales down 5.2%

Hachette UK sales were down by 5.2% in the first quarter, due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-13 00:00:00 UTC ]
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BEA 2016: Kenny Loggins: Cutting Loose on the Page

Grammy Award–winning rock-and-roll musician Kenny Loggins isn’t nervous about performing today, at 1 p.m., at the Quarto Publishing Group’s booth (2300, 2301), where the company’s 40th anniversary party will be in full swing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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Publishers’ Loss in GSU Copyright Case Just Got a Little Worse

In an order filed yesterday, a federal judge clarified that the publisher plaintiffs prevailed on just four counts of alleged infringement, rather than seven. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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Too many school libraries 'face cuts'

Too many school libraries in England face cuts or closure with schools increasingly viewing books as obsolete, a conference has heard. Continue reading at BBC News

[ BBC News | 2016-04-06 00:00:00 UTC ]
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Sun publisher posts £250m loss due to write-down and hacking costs

Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a huge write-down and paying out further costs associated... Continue reading at The Guardian

[ The Guardian | 2016-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #phone hacking #public officials #legal fees


Fairfax's warm glow short-lived amid cuts, strike and Sheehan debacle | Amanda Meade

With the SMH brand celebrating its 185th year, record readership figures and even a $27m profit, further cuts have provoked anger among Fairfax staff As the Sydney Morning Herald looks forward to its 185th birthday next month staff had been celebrating the fact that the masthead is the most... Continue reading at The Guardian

[ The Guardian | 2016-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nearest competitor #daily telegraph #tough couple #paul sheehan #indefinite leave


In 2015 Results, Regnery Records First Loss in Six Years

With sales at the conservative press down last year, Regnery is trying to diversify its list and lessen its dependence on frontlist political books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-15 00:00:00 UTC ]
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HMH Trade Sales Up, But Loss Widens

Revenue in Houghton Mifflin Harcourt Trade division rose 1%, to $164.9 million, in 2015, but its net loss increased to $7.1 million from $2.9 million in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-25 00:00:00 UTC ]
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Hachette UK sales drop 6.7% in fourth quarter

Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower ebook sales, with its parent company Lagardere Publishing saying that "market trends have reversed in the US and the UK". Continue reading at The Bookseller

[ The Bookseller | 2016-02-12 00:00:00 UTC ]
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HBG Rebounds in Fourth Quarter

A 15% increase in fourth quarter sales enabled Hachette Book Group to finish 2015 with only a slight decline in revenue for the full year. An increase in the sales of print books almost offset declines of ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-10 00:00:00 UTC ]
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Despite Strong Q3, Indigo Downsized in January

Although the Canadian retailer just released positive news about its performance through December, it sill opted to downsize in January. PW has learned that among the roughly 20 staffers laid off, a number were veteran book buyers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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Second Quarter Results Down at HarperCollins

Revenue dropped 5% at HarperCollins in the second quarter ended December 31, 2015 compared to the same quarter in the prior year. Earnings declined 26%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-04 00:00:00 UTC ]
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