Parragon profits fell 68% in 2018

Profits at Parragon Books Limited fell 68% last year during the wind-down of the company by DC Thomson, according to results posted on Companies House. Continue reading at 'The Bookseller'

[ The Bookseller | 2019-01-08 00:00:00 UTC ]
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Scribd, Citing Profitability, Cuts Back on Love and Sex

Scribd found romance readers gorging on books through the ebook subscription service are costly and now the company is cutting back on the genre. The post Scribd, Citing Profitability, Cuts Back on Love and Sex appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
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Fifty Shades Ltd made £10m profit last year

E L James’ own company Fifty Shades Ltd had a “very successful” year to the end of September 2014, with a turnover of £18.1m and profits of £9.8m. However, this was down significantly on the previous year, when the company generated £43m with a profit of £25m. Continue reading at The Bookseller

[ The Bookseller | 2015-06-30 00:00:00 UTC ]
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Local World profits rise to £43.6m

Daily Mail and Trinity Mirror, shareholders in local newspaper publisher, to share £25m after adjusted profits for 2014 go up 12%Local World reported a 12% rise in adjusted profits last year to £43.6m, netting shareholders the Daily Mail and Trinity Mirror more than £25m to share.David... Continue reading at The Guardian

[ The Guardian | 2015-06-30 00:00:00 UTC ]
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B&N Cuts Its Way to Profitability

If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2, 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Quarto Group profits up 26% in 2014

Profits at global publishing company The Quarto Group rose 26% in 2014, with profits in the UK growing 24%.   In a statement filed with Companies House, Quarto said adjusted profit before tax totalled $12.1m (£7.7m) last year. Revenues were up 2% compared to 2013 to $172.6m (£110m).   Continue reading at The Bookseller

[ The Bookseller | 2015-06-26 00:00:00 UTC ]
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Despite Sales Drop, B&N Had Fiscal 2015 Profit

Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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In 2018, this publisher will only release books by women. Here's why.

After attending a panel discussion on 'The Crisis of American Fiction,' in which an all-male panel discussed only male authors for an entire hour, author Kamila Shamsie began to research the dearth of women in publishing and literary fiction. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-06-18 00:00:00 UTC ]
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Leap in sales and profit at Egmont UK

Egmont Book Publishing has reported soaring sales and profits at Egmont UK, thanks partly to the success of Minecraft. Continue reading at The Bookseller

[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Trade Sales Fell in February

Sales of adult books dropped 7.2% in February compared to February 2014, while sales in the children/young adult category fell 32.1%, according to AAP figures. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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News Corp profits halve after weak newspaper ad sales

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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Profits Up, Sales Down in S&S First Quarter

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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McGraw-Hill Global Education Posts Small 2014 Profit

McGraw-Hill Global Education had net income of $3.8 million last year compared to a loss of $89.4 million in 2013. Sales rose 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-07 00:00:00 UTC ]
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Sales and profits rise at 'stronger' Penguin Random House

Penguin Random House delivered a "strong performance in its first full year after the merger", media group Bertelsmann has said. Penguin Random House chief executive Markus Dohle said the combined businesses had "made a powerful statement: We are stronger together" describing 2014 as "a... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
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BAM Posts 2014 Profit on 0.8% Sales Gain

With comp store sales up 0.4% in the year, total revenue at Books-A-Million rose 0.8% over the previous year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-30 00:00:00 UTC ]
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Brand funds Hackney café with book profits

Russell Brand has used profits from his book Revolution (Century) to help fund a café in Hackney staffed by recovering drug addicts. The Trew Era café is a social enterprise located in a housing estate that faced eviction last year by a US company. The Guardian reports that Brand backed the... Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Egmont group's profits rise in 'best year ever'

Denmark-based Egmont Group said it achieved its “best year ever” in 2014, as pre-tax profit for the year totalled €127m (£92.5m), a 36% increase from 2013. All divisions recorded improvements in their underlying operations and overall revenues for 2014 grew 10% to €1.6bn (£1.2bn). Ebitda... Continue reading at The Bookseller

[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Profits Rose at Quarto

Adjusted operating profit at the Quarto Group increased 10% in 2014, rising to $15.4 million from $14.0 million in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-20 00:00:00 UTC ]
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Parragon expands Disney franchise in US

Bath-based Parragon is expanding its Disney franchise, including books based on the Frozen and Disney Princess brands, into North America. “Parragon has been offering Disney content through their publishing programs in many international territories, but to date our presence in North America... Continue reading at The Bookseller

[ The Bookseller | 2015-03-19 00:00:00 UTC ]
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New-Media Powers Say They'll Be Profitable Soon. Don't Ask About That Facebook Plan

New media titans have shown they can attract investors' money, raking in millions in venture capital funding, but they have not answered clearly whether they can show a profit.At South by Southwest, sales chiefs for three heavily-funded digital publishers said they can do that too, or can soon,... Continue reading at Advertising Age

[ Advertising Age | 2015-03-15 00:00:00 UTC ]
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