Daily Mail and Daily Mirror parent companies to get share of weather information business's €190m sale to General AtlanticThe owners of the Daily Mail and Daily Mirror are among a group of publishers sharing a pre-Christmas windfall of £50m, thanks to PA Group's €190m (£126m) sale of its weather information business MeteoGroup.PA Group, the parent company of the Press Association news agency, expects to make around £125m from the sale of the business to General Atlantic.The biggest beneficiary is expected be Trinity Mirror, owner of the Daily Mirror, Sunday Mirror and Sunday People, which owns 21.5% of PA Group.The surprise news of a windfall of about £27m sent Trinity Mirror's share price to its highest level since October 2009, up more than 6% to 190p on Monday. The cash injection will make a big difference to the publisher's bottom line. In 2011 pre-tax profits fell 40% to £74m, with analysts at Panmure Gordon calling it "extraordinary hidden value"."Whilst Trinity Mirror anticipates a distribution of a portion of the proceeds through dividends after completion, the quantum and timing of any distribution is yet to be determined," said the company in a statement.Another beneficiary is Daily Mail & General Trust, owner of the Daily Mail and Mail on Sunday, which own 15.6% of PA Group and will make about £19.5m from the deal."DMGT anticipates a distribution of a portion of the proceeds through dividends after completion, though the amount and timing of any... Continue reading at 'The Guardian'
[ The Guardian | 2013-12-16 00:00:00 UTC ]
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Publisher also has high hopes for its 2015 fiction list, which includes new novels from William Boyd and Margaret AtwoodHarry Potter has conjured up another year of wizard sales for Bloomsbury, helping the publisher to ride out a decline in income from adult fiction.Sales of the boy wizard’s... Continue reading at The Guardian
[ The Guardian | 2015-05-19 00:00:00 UTC ]
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'Clinton Cash' and 'Selfish' both landed in the top 15 adult nonfiction bestsellers, according to data released by Nielsen BookScan on Wednesday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-15 00:00:00 UTC ]
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Why would publishers want to jump into bed with their top "frenemy" Facebook? Well, they're not, entirely.Four of the first U.S. publishers to publish mobile articles directly on Facebook through its new Instant Articles program -- The New York Times, BuzzFeed, National Geographic and NBC News... Continue reading at Advertising Age
[ Advertising Age | 2015-05-15 00:00:00 UTC ]
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Publishers should start to spread money from the sale of ebooks fairly between themselves and authors, and not make assumptions when they start to experiment with new channels that “an author is going to be thrilled with it”, Association of Authors’ Agents president Sam Edenborough has... Continue reading at The Bookseller
[ The Bookseller | 2015-05-14 00:00:00 UTC ]
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Sales at Hachette UK fell 4% year-on-year for the first quarter of 2015, partially due to an “unfavourable” VAT effect on ebooks, parent company Lagardere has said. Hachette UK said it had “steady sales in print and digital” in the first quarter of the year, with its performance “broadly in... Continue reading at The Bookseller
[ The Bookseller | 2015-05-13 00:00:00 UTC ]
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After a sluggish first two months of 2015, bookstore sales rose a healthy 5.1% this past March over March 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-13 00:00:00 UTC ]
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HarperCollins's digital-first romance fiction imprint, created in 2011, announced that in the four years since its launch it has sold more than three million ebooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-12 00:00:00 UTC ]
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Jordanian online bookseller Jamalon solves distribution and delivery in the Arab world by offering cash-on-delivery services. The post Jordan’s Jamalon: The “Arab Amazon” Built on Cash-On-Delivery appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-05-12 00:00:00 UTC ]
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First quarter sales at Hachette Book Group USA fell 12.3% compared to the first first period of 2014. A decline in ebook sales was a major reason for the drop. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-12 00:00:00 UTC ]
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Publisher of Marie Claire and NME expecting premium price for HQ near Tate Modern and planning to remain a tenant following saleThe publisher of Marie Claire and NME has put its London headquarters, the Blue Fin building near Tate Modern, up for sale with a price tag of more than £400m.Time Inc... Continue reading at The Guardian
[ The Guardian | 2015-05-08 00:00:00 UTC ]
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The invoiced value of UK publishers’ annual sales remained absolutely flat year on year in 2014, with a top-line total of £4.3bn, precisely the same as 2013. The figure combines publishers’ revenues from both physical and digital editions and from journals’ income, and is revealed in the... Continue reading at The Bookseller
[ The Bookseller | 2015-05-08 00:00:00 UTC ]
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Publishing industry data for 2014 spills the beans on decline in biography and cookbook sales, while children’s literature in print rises by 10%Publishers used to have a simple recipe for a bestseller: sign up a celebrity or a TV chef and get the book out for Christmas.Not any more. The latest... Continue reading at The Guardian
[ The Guardian | 2015-05-08 00:00:00 UTC ]
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The combined print and ebook sales of U.K. publishers fell by 2% in 2014, to £3.3 billion, according to the new edition of the Publishers Association Statistics Yearbook. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-08 00:00:00 UTC ]
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Rupert Murdoch group, which publishes Sun, Times and Wall Street Journal, partly blames currency fluctuations, as book publishing division reports growthRupert Murdoch’s News Corp has seen a 52% year-on-year fall in its third-quarter profits as its newspaper advertising revenue continued to... Continue reading at The Guardian
[ The Guardian | 2015-05-07 00:00:00 UTC ]
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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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Due to some reporting problems with the January data in the trade segment, the AAP has issued revised sales for the adult and children’s/young adult categories. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-04 00:00:00 UTC ]
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In Romania, online sales now account for 20% of the $110 million book market, with interest in ebooks and English-language titles also on the rise. The post Romania’s Online, English Book Sales on the Rise appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-05-01 00:00:00 UTC ]
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Early copy of Antoine de Saint-Exupéry’s classic story features drawing and note of thanks to Dorothy Barclay, a reporter’s assistant who helped him estimate for the number of stars visible from Earth“I am concerned with matters of consequence,” declares the star-gazing businessman whom Antoine... Continue reading at The Guardian
[ The Guardian | 2015-05-01 00:00:00 UTC ]
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Sales of adult trade books rose 0.6% in January 2015, compared to January 2014, according to AAP’s StatShot program. Meanwhile, sales of children’s/young adult books slipped 1.6%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-04-29 00:00:00 UTC ]
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The BBC’s highly successful adaptation of Winston Graham’s Poldark series has given a major boost to print sales of the series. The TV drama, starring Aidan Turner and Eleanor Tomlinson in the title roles of Ross and Demelza Poldark, finished its first run last night (Sunday 26th April). Pan... Continue reading at The Bookseller
[ The Bookseller | 2015-04-28 00:00:00 UTC ]
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