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 ]
News tagged with: #quarter loss #sales growth

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AAP: sales 'slow' in 2015 first quarter

The Association of American Publishers (AAP) StatShot report has recorded publisher book sales down 6.6% for the first quarter of 2015, at $2.2bn compared to $2.38bn for the first quarter of last year. Data for the StatShot comes from just over 1,200 publishers. The figures represent... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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E-book Sales Dropped in First Quarter

E-book sales in the adult and children's/young adult categories fell a combined 8.1% in the first quarter of 2015 compared to the first period of 2014, according to AAP's StatShot program, Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
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Canada’s Indigo Bookstore Refocuses on Books

After years of depending on non-book items to boost profitability, Canada's dominant bookstore chain wants to return its focus to selling actual books. The post Canada’s Indigo Bookstore Refocuses on Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-06 00:00:00 UTC ]
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Scribd, Citing Profitability, Cuts Back on Love and Sex

Scribd found romance readers gorging on books through the ebook subscription service are costly and now the company is cutting back on the genre. The post Scribd, Citing Profitability, Cuts Back on Love and Sex appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
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Scribd makes cuts to romance in its catalog

Scribd has announced to publishers and distributors that it is "making some adjustments, particularly to romance" in its $8.99-per-month ebook subscription service. Continue reading at The Bookseller

[ The Bookseller | 2015-07-01 00:00:00 UTC ]
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B&N Cuts Its Way to Profitability

If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2, 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical products


Quiet First Quarter for Books-A-Million

Revenue at Books-A-Million fell 1.9% in the first quarter ended May 2, 2015 compared to last year’s first period. Net loss at the chain was cut to $5.3 million, from $5.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-29 00:00:00 UTC ]
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Cost-cutting Newsquest/Gannett goes on the acquisition trail

US-based publisher adds 29 titles to its portfolio by buying the Romanes groupNewsquest, the US-owned regional newspaper group with more than 200 titles in the UK, has acquired 29 more by buying the Romanes Media group. Romanes publishes one daily newspaper, the Greenock Telegraph in Scotland,... Continue reading at The Guardian

[ The Guardian | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily newspaper #greenock telegraph #reading chronicle


Public Library Subsidy cut without consultation

Librarians and library suppliers have expressed concerns that changes to the Public Library Subsidy (PLS) could impact on the availability of government information in libraries. The PLS was originally created in 1924 as a way of helping libraries to purchase government publications such as... Continue reading at The Bookseller

[ The Bookseller | 2015-05-21 00:00:00 UTC ]
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Industry seconds Franklin’s fears for further cuts to libraries

Libraries, publishers and bookshops will suffer under a Conservative government, a leading independent publisher has warned. When collecting the Independent Publisher of the Year trophy at the Bookseller Industry Awards on Monday (11th May), Profile Books m.d. Andrew Franklin gave a strong... Continue reading at The Bookseller

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
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Print drop hits S&S first quarter

A fall in physical book sales led to a decrease in revenue in the first quarter of 2015 for Simon & Schuster. Results released by the publisher’s parent company CBS Corporation were not broken down geographically, but gave publishing revenues for the first three months of this year at... Continue reading at The Bookseller

[ The Bookseller | 2015-05-09 00:00:00 UTC ]
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Acquisition Charges Lead to Loss at Courier

Courier's net loss increased to $15.5 million from $3.4 million in last year’s second quarter due in large part to a $10 million termination fee to Quad/Graphics for calling off Quad’s proposed acquisition. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter due #large part #proposed acquisition


PRH helps Bertelsmann first quarter rise

Bertelsmann increased its revenue and operating EBITDA in the first quarter of 2015, compared to the year before, chiefly due to its book publishing business and its German-language TV business. The media, services and education company, which owns 53% of Penguin Random House, has released its... Continue reading at The Bookseller

[ The Bookseller | 2015-05-08 00:00:00 UTC ]
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HC posts 14% quarterly revenue rise

The inclusion of Harlequin and strong sales of Chris Kyle’s memoir American Sniper (William Morrow) helped HarperCollins to a 14% increase in revenues in the three months to 31st March, compared to the year before. But ebook revenues declined 3% year-on-year, HarperCollins’ parent company News... Continue reading at The Bookseller

[ The Bookseller | 2015-05-07 00:00:00 UTC ]
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Profits Up, Sales Down in S&S First Quarter

Simon & Schuster sales fell 5% in the first quarter ended March 31, 2015, to $145 million, but operating profit rose 9% to $12 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-07 00:00:00 UTC ]
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Will Indigo change the future of bookselling?

Canadian bookstore giant Indigo hopes to expand into the US. But its stores will be like no other bookstore in the US: part bookstore, part 'cultural department store.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-05-07 00:00:00 UTC ]
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'Good' first quarter for PRH in Pearson results

Pearson has said trading for the first three months of 2015 has been in line with expectations, with a "good" first-quarter performance from Penguin Random House boosted by "million-copy" sales for The Girl on the Train. Pearson's underlying sales for the quarter were down 1% to... Continue reading at The Bookseller

[ The Bookseller | 2015-04-25 00:00:00 UTC ]
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Tesco reports £6.4bn loss

Tesco has reported the worst results in its history – registering a pre-tax loss of £6.4bn in the last year.  The UK supermarket, a big vendor of books, and currently being investigated by the Serious Fraud Office after it overstated its half-year profit forecast last August by £263m, sustained... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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'A Wrinkle in Time': A cut passage is published

Fans of the classic science fiction novel recently got a look at a section of the book that was taken out before publication. 'Wrinkle' won the Newbery Medal. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-04-22 00:00:00 UTC ]
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Print Units Rose 3% in the First Quarter

Unit sales of print books rose 3% in the quarter ended April 5, 2015, compared to the first quarter of 2014, at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan