OUP Reports Financial Dip in Fiscal 2018

Oxford University Press has reported a slight decline in revenue and net profit for the fiscal year ended March 31, 2018, compared to fiscal 2017. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-07-05 00:00:00 UTC ]

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News Corp profits dive 75% as Rupert Murdoch-owned company hints at AI future

Poor result weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper The AustralianRupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving... Continue reading at The Guardian

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Nielsen BookData 2022: A ‘Slight Decline’ in UK Book Sales

In 2022, Nielsen BookData saw a 10-percent fall in ebook volumes in the UK, and a 3-percent drop in print. Audiobooks' growth slowed. The post Nielsen BookData 2022: A ‘Slight Decline’ in UK Book Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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Tiger Oak Media Files for Chapter 11 Bankruptcy

Citing mounting vendor debt and declining revenue, Tiger Oak Media—the publisher of more than 30 regional and bridal magazines around the country—has filed for Chapter 11 bankruptcy protection, according to documents filed in U.S. Bankruptcy Court in Minnesota on Monday. The 26-year-old... Continue reading at Folio Magazine

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OUP Reports Financial Dip in Fiscal 2018

Oxford University Press has reported a slight decline in revenue and net profit for the fiscal year ended March 31, 2018, compared to fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-05 00:00:00 UTC ]
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'Ebooks are stupid', says head of one of world's biggest publishers

The chief executive of Hachette Livre, Arnaud Nourry, says the industry has had ‘one or two successes among a hundred failures’ and that ebooks have ‘no creativity’The head of one of the world’s largest book publishers has described the ebook as “a stupid product” that is unlikely to see further... Continue reading at The Guardian

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Digital Sales Down 2% in Canada in 2016

BookNet Canada's annual report, The State of Digital Publishing, shows a slight decline in sales of ebooks last year, even as publishers produced more digital titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-08 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

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24.95 million viewers watch the Grammys, a slight decline from last year

The Grammy Awards averaged 24.95 million viewers on CBS, off slightly from last year's telecast, according to Nielsen. The TV audience for the ceremony held at the Staples Center, which featured performances by Taylor Swift, Lady Gaga, Adele and Kendrick Lamar, was 1.5% below the 25.3 million... Continue reading at Los Angeles Times

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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

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OUP sales up but profit down

Profits at Oxford University Press (OUP) were down slightly in the year to the end of March 2015 because of “difficult trading conditions”, the company has said. OUP had a total turnover of £767m in the 12 months to 31st March this year, up from £759m the year before, it revealed in its annual... Continue reading at The Bookseller

[ The Bookseller | 2015-07-04 00:00:00 UTC ]
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iPhone, Mac and App sales fuel Apple profits

Apple has recorded a quarterly net profit of £18bn for its first fiscal quarter, said to be the biggest ever for a public company. The company’s results, for the quarter ending 27th December 2014, also showed quarterly revenue of £74.6bn, up 29% from $57.6bn in the same period the year... Continue reading at The Bookseller

[ The Bookseller | 2015-01-29 00:00:00 UTC ]
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Operating income leaps 40% for S&S worldwide

Written By: Graeme Neill Publication Date: Thu, 17/02/2011 - 09:30 Operating income at Simon & Schuster's global business leapt 39.5% in 2010, despite a slight decline in sales. For the 12 months ending 31st December, operating income at S&S was $64.6m (£40.1m). Revenue declined... Continue reading at The Bookseller

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