Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
News tagged with: #fiscal year #fourth quarter #scholastic

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UK Book Trade Marvels at the New Foyles

Waterstones MD James Daunt summed it up when he said in reaction to visiting the new Foyles: 'This is a serious, serious investment in physical bookselling.' Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-13 00:00:00 UTC ]
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April Bookstore Sales Fell 1.3%

According to preliminary estimates released by the U.S. Census Bureau Thursday morning, April bookstore sales fell 1.3%, to $684 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-12 00:00:00 UTC ]
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Scholastic to a-maze Donaldson fans

The launch of Scholastic’s latest Julia Donaldson and Axel Scheffler picture book is being... Continue reading at The Bookseller

[ The Bookseller | 2014-06-12 00:00:00 UTC ]
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Hachette reveals Amazon digital sales share

Amazon has a 78% market share of Hachette Livre ebook titles in the UK and a 60% share in the US... Continue reading at The Bookseller

[ The Bookseller | 2014-06-11 00:00:00 UTC ]
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iBooks Bestsellers: King Hits the List

"Mr. Mercedes," Stephen King's latest novel, came in at #2 on Apple's iBooks bestseller list for the week ended June 9, behind "The Fault in Our Stars." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #stephen king


Sales Up at EDC, Earnings Fall

Revenues at Educational Development Corp. rose 2% in the fiscal year ended February 28, 2014, hitting $26.1 million, although accounting items dropped net earnings to $357,600 from $802,900 in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fall


Time Inc. Shares Slip Nearly 1% on First Day of Trading

Shares in Time Inc., owner of People, Sports Illustrated and Time magazines, were off nearly 1% to $23.30 Monday, its first day of trading as a public company.The company's share price had tumbled about 4% after trading began but regained much of the lost ground during the afternoon.Time Inc. is... Continue reading at Advertising Age

[ Advertising Age | 2014-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #sports illustrated #share price #entertainment properties


Time Inc. falls in first day of trading

Time Inc. shares fell, marring the first day of trading after a spinoff from Time Warner Inc., on concern that the company's singular focus on magazines will hinder growth prospects as demand for... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-06-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #singular focus


Magazine publisher ShortList Media reports losses of almost £1m

Company hit by launch of Stylist in France and investment in fashion website Never UnderdressedMagazine publisher ShortList Media has reported a loss of almost £1m in its most recent annual accounts after being hit by the tough launch of Stylist in France and investing in fashion site Never... Continue reading at The Guardian

[ The Guardian | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company hit


Wylie opposes first sale for digital

Education publishers rely “heavily on the protections provided by copyright law in the US... Continue reading at The Bookseller

[ The Bookseller | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copyright law


BookCon Off to a (Mostly) Good Start

The debut of BookCon on the last day of this year’s BookExpo America was a solid one, but there was room for improvement, especially in terms of crowd control. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good start #bookexpo america


Jaron Lanier to Receive 2014 Peace Prize from German Book Trade

Jaron Lanier will receive the 2014 Peace Prize of the German Book Trade for his writing and advocacy about 'the dangers involved when human beings are reduced to digital categories.' Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jaron lanier #human beings


Bloomsbury takes global sales in-house

Bloomsbury is taking its international sales in-house for the first time, after 15 years of... Continue reading at The Bookseller

[ The Bookseller | 2014-06-03 00:00:00 UTC ]
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Sony to sustain Japan ebook activity despite heavy losses

After posting another year of record losses and closing all of its e-reader stores outside of... Continue reading at The Bookseller

[ The Bookseller | 2014-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #heavy losses


Religious Booksellers Trade Exhibit 2014: Catholic Show Soldiers On

With half as many vendors and buyers as last year, the 23rd annual Religious Booksellers Trade Exhibit was very quiet. But one thing came through loud and clear: Catholic publishers are betting Pope Francis’ popularity will translate into burgeoning book sales,. And speculation on the future of... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #catholic publishers #show continues


Hastings Merger Hits Snag

Hastings Entertainment’s merger with a company affiliated with one of its largest shareholders has hit a snag as a judge has issued a temporary restraining order. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hastings entertainment #largest shareholders


Minecraft helps to build sales of kids' non-fiction in Q1

This year is set to be a strong one for children’s non-fiction, with retailers reporting... Continue reading at The Bookseller

[ The Bookseller | 2014-06-02 00:00:00 UTC ]
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Willow Books for Sale

Another New England bookstore has put itself on the market. David Didriksen announced that he is retiring from the bookselling business and selling 18-year-old Willow Books and Café in Acton, Mass. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookselling business


BEA 2014: Good News, Bad News at Town Hall

What American Booksellers Association CEO Oren Teicher called Amazon's "bullying assault of a major publisher" was a key concern among indie booksellers at both Thursday afternoon's ABA Town Hall and Annual Meeting. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #town hall #bullying assault #major publisher #indie booksellers #thursday afternoon #annual meeting


My hero: Maya Angelou by her publisher Lennie Goodings

The late author's UK editor remembers a funny, gracious, kind, demanding, delightful and wise human being and writer of one of the world's great autobiographiesMaya Angelou was one of the world's most important writers and activists. She lived and chronicled an extraordinary life: rising from... Continue reading at The Guardian

[ The Guardian | 2014-05-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #north carolina #barack obama #james baldwin