Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America, its biggest market, remains unclear. In a trading update issued Friday, the global B2B media and exhibitions firm said it expects to generate about £2 billion ($2.5 billion) in overall revenue in 2020, which would represent a 30.8% decline from the £2.89 billion it reported in its 2019 financial results. Following a series of acquisitions and divestments over the past two years, in particular its $5.2 billion merger with exhibitions giant UBM in 2018, Informa says it now generates about 65% of its revenues through its events business. More than 160 of its events originally scheduled for 2020 have been either cancelled or postponed until 2021 as a result of the pandemic, the company said, together representing more than $375 million in revenue. Hundreds of others have been converted to virtual events. "Activity in China has picked up pace through the past month, with authorities recognizing the controlled nature of trade shows and with exhibitors confident and keen to participate to help rekindle trading activity," the company said in the trading update. "In Informa’s largest market, the United States, the Group is now assuming a low probability that any physical events will run... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
News tagged with: #clarion events #$500 million #informa plc

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Black History Matters scoops 2020 ALCS Educational Writers' Award

Black History Matters: The Story of Black History, From African Kingdoms to Black Lives Matter by historian Robin Walker has been crowned the winner of the 2020 ALCS Educational Writers’ Award. Continue reading at The Bookseller

[ The Bookseller | 2020-12-09 12:12:03 UTC ]
More news stories like this | All news stories tagged with: #black history


The Most Popular Under-The-Radar Books in U.S. Libraries: July–September 2020

Take a peek at the most popular under-the-radar books in public libraries across the United States for the 2020 third quarter. Continue reading at Book Riot

[ Book Riot | 2020-12-09 11:33:00 UTC ]
More news stories like this | All news stories tagged with: #public libraries


Lit Hub Daily: December 9, 2020

“I personally know the author of this story you’re reading.” Oh look, a new story by Rachel Kushner. | Lit Hub Fiction Finding your craft: Wright Thompson on bourbon, books, and writing your way out of small-town America. | Lit Hub Memoir “He ripped his shirt open, revealing the bloody tooth,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-09 11:30:37 UTC ]
More news stories like this | All news stories tagged with: #memoir #literary hub #lithub memoir #small-town america #rachel kushner


Religion Book Deals: December 9, 2020

Convergent lands bestselling author Philip Yancey’s life story, including his upbringing in the South; Broadleaf takes a guide to the ancient Enneagram typing system geared toward Black women, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-09 05:00:00 UTC ]
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The forecast is... flexibility

It’s been said a million times and I’ll say it again: we could never have predicted this year. As we move closer towards 2021, it’s becoming apparent that we can’t be certain about much. During this time of the calendar year, we are being told to look forward into 2021, to make plans in our... Continue reading at The Bookseller

[ The Bookseller | 2020-12-08 14:03:00 UTC ]
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What We're Reading December 2020

Take a look at previous What We’re Reading blogs for more reading inspiration.Don’t Worry, Little Crab by Chris HaughtonAll Chris Haughton’s delightful picture books for young children open with a quotation, which the story then evinces. His latest, surprisingly, quotes Anaïs Nin: ‘Life shrinks... Continue reading at British Council global

[ British Council global | 2020-12-08 12:08:02 UTC ]
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This Is Barnes & Noble’s Book of the Year for 2020

Get to know about WORLD OF WONDERS, the 2020 Barnes & Noble Book of the Year. Continue reading at Book Riot

[ Book Riot | 2020-12-04 13:00:00 UTC ]
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This Week's Bestsellers: December 7, 2020

Ernest Cline has the #2 book in the country with 'Ready Player Two.' Charles Yu won the National Book Award for Fiction and Holly Black's book reaches #5 on our children’s fiction list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-04 05:00:00 UTC ]
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The Best Epigraphs of 2020

Savor some beautiful words from some of this year's most wonderful books. These are the best epigraphs from books published in 2020. Continue reading at Book Riot

[ Book Riot | 2020-12-03 11:35:00 UTC ]
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Lit Hub Daily: December 3, 2020

“I have never in my life met anyone with such an acute lexical feel for the specific word needed, for the hidden rhythm of a prose sentence.” Aleksandr Solzhenitsyn on his beloved wife Aliya. | Lit Hub Memoir “I am no longer acquainted with the people who made drug ingestion easy, or free, or... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-03 11:30:56 UTC ]
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Sarah Frier’s No Filter has won the 2020 FT and McKinsey Business Book of the Year Award.

Today, The Financial Times and McKinsey & Company announced the winner of its 2020 Business Book of the Year Award, which recognizes a work that provides the “most compelling and enjoyable insight into modern business issues.” The prize comes with £30,000 prize and each of the five... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-01 20:59:19 UTC ]
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Sarah Frier Wins the 2020 Business Book of the Year Award

Sarah Frier's 'No Filter' takes the £30,000 Business Book of the Year honor, in a strong shortlist from the FT and McKinsey & Company. The post Sarah Frier Wins the 2020 Business Book of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-12-01 20:59:13 UTC ]
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Hamnet crowned Waterstones Book of the Year 2020

Hamnet by Maggie O’Farrell has been named Waterstones' Book of the Year 2020, claiming victory over the shortlist by "an overwhelming majority". Continue reading at The Bookseller

[ The Bookseller | 2020-12-01 02:51:45 UTC ]
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Announcing WLT’s 2020 Pushcart Prize Nominees, by The Editors of WLT

News and Events Photo: Quarantine portrait. Tulsa, Oklahoma. March 22, 2020, by Joseph Rushmore. This photograph accompanied the publication of Rilla Askew's "Cataclysm" in the Summer 2020 issue of World Literature Today. The editors of World... Continue reading at World Literature Today

[ World Literature Today | 2020-11-30 21:07:51 UTC ]
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Help Us Pick the Best Book Cover of 2020

This hasn’t been an easy year for sustained, careful reading. But you know what doesn’t take any attention at all? Judging a book by its cover! That’s why we’re doing our first ever “best book cover of the year” tournament—and we want you to weigh in. Vote for your favorites on Electric... Continue reading at Electric Literature

[ Electric Literature | 2020-11-30 12:00:30 UTC ]
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Talking About the 10 Best Books of 2020

On a special episode of the podcast, taped live, editors from The New York Times Book Review discuss this year’s outstanding fiction and nonfiction. Continue reading at The New York Times

[ The New York Times | 2020-11-27 16:44:05 UTC ]
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Here is the shortlist for the 2020 Costa Book Awards.

The Costa Book Awards, inaugurated in 1971, are a set of annual literary awards, which recognize and honor British and Irish writers of the English language. The Award comes with £5,000, and the winner from each category will be announced on January 4th. This year, Evan Boland’s posthumous... Continue reading at Literrary Hub

[ Literrary Hub | 2020-11-25 16:01:53 UTC ]
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The Costa Book Awards Program Announces Its 2020 Shortlists

Twenty writers from the United Kingdom and Ireland have been chosen from an initial pool of 708 Costa Book Award entries. The post The Costa Book Awards Program Announces Its 2020 Shortlists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-25 14:14:19 UTC ]
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Just-right stories: The four best audiobooks of November 2020

In the mood for bite-sized entertainment? Essays about nature and outstanding short stories make for deep but quick listening this month. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-11-24 20:14:50 UTC ]
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Just-right stories: The four best audiobooks of November 2020

In the mood for bite-sized entertainment? Essays about nature and outstanding short stories make for deep but quick listening this month. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-11-24 20:14:50 UTC ]
More news stories like this | All news stories tagged with: #short stories #quick listening #bite-sized entertainment