Ordnance Survey prepares for GovCo status

Proposals to change Ordnance Survey from a Trading Fund into a government-owned company [GovCo], which will enable it to introduce more products and services and to grow more quickly, have moved one step closer. This week Matthew Hancock, minister of state for business, enterprise and energy, made a written ministerial statement to say the government intended the change to take place at the end of this financial year. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-01-24 00:00:00 UTC ]

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Bookstore News: June 16, 2016

The ABA speaks out on the Orlando massacre; a soon-to-open Chicago bookstore contemplates banning laptops; a South Bronx indie moves one step closer to reality. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-16 00:00:00 UTC ]
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Clays' parent company issues profit warning

St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Bookstore News: April 25, 2016

A Queens bookstore gets one step closer to opening; a Virginia Books-A-Million preps its new location; and a Canadian indie is planning a big birthday celebration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-25 00:00:00 UTC ]
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Fairfax Media posts $27.4m profit despite lower print advertising revenue

Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year... Continue reading at The Guardian

[ The Guardian | 2016-02-19 00:00:00 UTC ]
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Amazon's third quarter sales rise 23%

Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014).  Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading at The Bookseller

[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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Book revenues decline in Wiley third quarter

2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Children's, Harlequin and backlist sales boost HarperCollins

A strong performance from HarperCollins and the acquisition of Harlequin has boosted parent company News Corp's quarterly results. Revenue for publisher's worldwide operation for the second quarter of the financial year, covering the three months to December 31st 2014, increased 20% from $391m... Continue reading at The Bookseller

[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Ordnance Survey prepares for GovCo status

Proposals to change Ordnance Survey from a Trading Fund into a government-owned company [GovCo], which will enable it to introduce more products and services and to grow more quickly, have moved one step closer. This week Matthew Hancock, minister of state for business, enterprise and energy,... Continue reading at The Bookseller

[ The Bookseller | 2015-01-24 00:00:00 UTC ]
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Daunt: 'Waterstones could break even this financial year'

Waterstones will “break even” this year if the retailer has a good Christmas, according to its m.d James Daunt. In an interview with the Guardian, the Waterstones boss said the chain’s intention was to eradicate its losses by the end of its financial year. “We are heading towards break-even in... Continue reading at The Bookseller

[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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Stanfords 'on target' to return to profit

Stanfords bookshops have reduced their losses over the last year, with the company said to be “on target” to return to profit this financial year. The two travel bookshops, based in London’s Covent Garden and Bristol, achieved sales of £5.7m in the year to 31st March 2014, an increase of 0.15%... Continue reading at The Bookseller

[ The Bookseller | 2014-11-13 00:00:00 UTC ]
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EU lines up ebook VAT debate

The harmonisation of VAT across print and digital books could move a step closer this week with... Continue reading at The Bookseller

[ The Bookseller | 2013-10-21 00:00:00 UTC ]
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Scarpetta film moves a step closer

A film based on Patricia Cornwell's famous protagonist Dr Kay Scarpetta moves a step closer following a publishing deal with HarperCollins. Continue reading at BBC News

[ BBC News | 2013-08-15 00:00:00 UTC ]
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News Corp publishing loses $2.1bn

News Corporation said its publishing wing, which is set to be split off as a separate business, incurred losses of $2.1bn in the last financial year. Continue reading at BBC News

[ BBC News | 2012-12-21 00:00:00 UTC ]
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WHS launches share buyback scheme

Written By: Graeme Neill Publication Date: Wed, 31/08/2011 - 08:15 W H Smith has announced it is embarking on a share buyback scheme worth £50m for the next financial year. It did not disclose reasons for the initiative but it is a similar scheme to one it ran in the 2011 financial year, when... Continue reading at The Bookseller

[ The Bookseller | 2011-08-31 00:00:00 UTC ]
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HarperCollins reports best year since 2008

Written By: Graeme Neill Publication Date: Thu, 11/08/2011 - 15:31 HarperCollins has had its best financial year since 2008, with ebook sales accounting for 10% of total revenue during the past four weeks, its c.e.o. has said. Victoria Barnsley was speaking as parent company NewsCorp reported... Continue reading at The Bookseller

[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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Goldsboro Books set for "record-breaking" year

Publication Date: Thu, 16/06/2011 - 09:10 Goldsboro Books has revealed it is on-track for a record-breaking financial year after moving premises in March. The 12-year-old independent London bookshop, which specialises in first edition signed copies, said May prevailed as its “best ever” month... Continue reading at The Bookseller

[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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HMV Group makes Waterstone's pledge

Written By: Lisa Campbell Publication Date: Mon, 07/03/2011 - 09:14 HMV Group has moved to reassure publishers of Waterstone's future, revealing the bookseller is on track to achieve its predicted 2%–3% operating margin by the end of its financial year. Tuesday's [1st March] trading statement... Continue reading at The Bookseller

[ The Bookseller | 2011-03-07 00:00:00 UTC ]
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