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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Baker & Taylor Publishers Services will offer distribution and other functions to children’s, trade, K‐12, higher education and academic publishers. To help lead the unit, B&T has hired distribution veteran Mark Suchomel as senior v-p of sales & client services. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-02 00:00:00 UTC ]
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After four weeks of declining sales, units bounced back in the week ended Sept. 24, 2017, increasing 4% over the comparable week in 2016 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-29 00:00:00 UTC ]
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First time in more than two years: the Association of American Publishers ' monthly StatShot report shows an increase in ebook sales in the US. The post Industry Notes: US Ebook Sales Slightly Up in May; Sourcebooks Signs With Gotham for Film, TV appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-09-29 00:00:00 UTC ]
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A survey of publishers put flat sales ahead of competition from other entertainment as the #1 industry challenge. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-29 00:00:00 UTC ]
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National Poetry Day takes place today (28th September) with the launch of a new BBC poetry and performance festival featuring Kate Tempest, Hollie McNish and Simon Armitage among others. Continue reading at The Bookseller
[ The Bookseller | 2017-09-29 00:00:00 UTC ]
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E-book sales at trade houses rose 2.4% in May 2017 for the first time since 2015, according to new figures released by the Association of American Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-28 00:00:00 UTC ]
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Poetry book sales are up by 10% as Kate Tempest and John Cooper Clarke help celebrate National Poetry Day. Continue reading at BBC News
[ BBC News | 2017-09-28 00:00:00 UTC ]
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'Killing England,' the first book released by Bill O'Reilly since his ouster from Fox News this spring, sold about 65,000 copies in its first week on sale, a 55% decline from week one sales of 'Killing the Rising Sun,' which was published last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-28 00:00:00 UTC ]
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Not even the release of Hillary Clinton’s new book, What Happened, could end what is now a monthlong sales slide. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-22 00:00:00 UTC ]
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Parent company Time Inc seeks to sell several assets after revenue from both sales and advertising fell more than expectedThe publisher of magazines including Marie Claire, NME, Wallpaper and TV Times is being put up for sale by its American owner.Time Inc said on Friday it was looking to sell... Continue reading at The Guardian
[ The Guardian | 2017-09-22 00:00:00 UTC ]
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The past three years have been a busy time at GNUP. In 2014, it acquired the Australian company Images Publishing Group, which is known globally for its architecture and design publications, and global network of more than 2,000 architects and publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-22 00:00:00 UTC ]
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Armed with a capital investment of 300 million CNY, the establishment of Beijing Normal University Publishing Group in July 2007 gave China its very first university press group to focus on educational titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-22 00:00:00 UTC ]
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A 52% decline in Scholastic's children’s book publishing group was blamed on the absence of a major bestseller. In fiscal 2017, the publisher's sales were driven by 'Harry Potter and the Cursed Child,' which was released during the first quarter of last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-21 00:00:00 UTC ]
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Hillary Clinton's 'What Happened' sold more than 300,000 copies across all formats its first week on sale, publisher Simon & Schuster reported. Over half of those sales were hardcovers, with S&S selling 167,000 print copies. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-20 00:00:00 UTC ]
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Multi-million-pound selling writer Milly Johnson has hit out after finding fraudulent books being sold on Amazon under her name that she did not write. Continue reading at The Bookseller
[ The Bookseller | 2017-09-20 00:00:00 UTC ]
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Preliminary numbers are finally out for Hillary Clinton’s newly released book, What Happened, and sales are doing quite well. According to the Associated Press, the book has already sold more than 300,000 copies–which includes hardcover, ebook, and audiobook. The hard copy sales, however, are... Continue reading at Fast Company
[ Fast Company | 2017-09-20 00:00:00 UTC ]
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Rolling Stone co-founder Jann Wenner is putting his majority stake up for sale, ready to relinquish control of the magazine that has stood for the bible of pop culture since the late 1960s.The magazine, known for cutting-edge music, political and cultural reporting, is the latest publication to... Continue reading at Advertising Age
[ Advertising Age | 2017-09-18 00:00:00 UTC ]
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Edinburgh University Press has reported a 12% rise in sales for the year to end July 2017, to £3.22m. Continue reading at The Bookseller
[ The Bookseller | 2017-09-18 00:00:00 UTC ]
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While July sales last year were mightily padded by the release of 'Harry Potter and the Cursed Child,' which came out July 31, 2016, July 2017 saw no such blockbuster. Thanks in large part to this, July 2017 sales were down 1.9%, compared to the same time last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-18 00:00:00 UTC ]
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Print unit sales were 3% lower in the week ended September 10 than in the similar week last year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-09-15 00:00:00 UTC ]
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