Pearson 'on track' for growth with first quarter sales up 1%

Pearson has reported it is "on track" to return to underlying profit growth in 2018 after its revenue rose 1% in the first quarter. Continue reading at 'The Bookseller'

[ The Bookseller | 2018-05-05 00:00:00 UTC ]
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Why Nikkei Is Betting Big on Digital Growth at the Financial Times

Nikkei’s $1.3 billion deal to buy the Financial Times underscores the fact that the publishing industry’s fortunes lie in going digital, experts say. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2015-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital growth #betting big #publishing industry


Pearson, the Financial Times and the culture of modern capitalism

Letter to the FT by Daily Mail group director on the difference between business ownership based on ‘long term value’ and the need to make quick profitsA short letter in Wednesday’s Financial Times makes for fascinating reading. Stimulated by Pearson’s sale of the FT to Nikkei, it poses profound... Continue reading at The Guardian

[ The Guardian | 2015-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long term #fascinating reading #early 1990s


Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales rise #education division #sharp decline #south africa


After Financial Times, Pearson Announces Plans to Sell The Economist Magazine Also

Pearson Plc moved closer to an exit from business publishing as it announced plans to dispose of its stake in the 172-year-old Economist magazine, just days after the sale of The Financial Times newspaper.   Discussions with The Economist Group& ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #economist magazine #business publishing #announced plans #economist group


Pearson to sell Economist stake

Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times. Continue reading at BBC News

[ BBC News | 2015-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #50% stake #economist group


PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating profit


Pearson in 'advanced talks' to sell FT

Pearson has confirmed it is in “advanced discussions” to sell the FT Group. Press speculation has been rife this week that a sale has been made ahead of Pearson’s half-year results, which are due to be reported tomorrow morning (24th July). While Pearson confirmed it is in talks to sell the FT... Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advanced talks #advanced discussions #ft group #half-year results


Pearson sells FT for £884m

Pearson has sold the FT Group to the Japanese Nikkei Inc for £844m. The company confirmed earlier today it was in “advanced talks” on the sale of the FT Group, which includes the Financial Times, and has now revealed Nikkei will buy the group for a gross consideration of £844m, payable in cash. Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ft group #advanced talks


Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a... Continue reading at PC World

[ PC World | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-commerce site #video streaming #cloud computing #ebook readers #company continues #voice-controlled device #audio news


FT owners Pearson posts £115m loss

Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of £115m compared with £36m a year earlier. Continue reading at BBC News

[ BBC News | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year earlier


Pearson agrees to sell Financial Times to Japanese publisher in $1.3B deal

Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-07-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #50% stake


Spirituality and Religion On-Sale Calendar: August 2015

New books from Koitsu Yokomaya and Wanda Brunstetter are among the big spirituality and religion titles publishing in August. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big spirituality #wanda brunstetter


'Watchman' Cements #1 Spot on the Charts

'Go Set a Watchman' sold over 746,000 copies in its first week on sale at outlets that report to Nielsen BookScan. The numbers easily made the Harper Lee novel the #1 title on PW’s bestseller list, topping 'Grey' by E.L. James. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan #harper lee ##1 title #bestseller list


Direct Sales Drive Educational Development Corp.

Educational Development Corp. added 1,862 home sale reps in the first quarter, helping to drive a 59% jump in sales in the home business division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-20 00:00:00 UTC ]
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Amazon breaks global sales record on Prime Day

Amazon said sales during its first ever Prime Day broke global records, receiving 398 orders per second across Prime-eligible countries.   Sales on 15th July or Prime Day – when the retailer offered heavy discounts to encourage shoppers to sign up to Amazon Prime membership – were 18% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prime day #15th july


First-day sales for Harper Lee 'top 105k'

Harper Lee’s Go Set a Watchman (William Heinemann) racked up first-day sales in the UK of over 105,000 copies, across print and digital editions, according to publisher Penguin Random House. Meanwhile Waterstones' own sales for the title are approaching 30,000, m.d. James Daunt told The... Continue reading at The Bookseller

[ The Bookseller | 2015-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #first-day sales #harper lee #digital editions


Growth, Diversity, Uncertainty Mark New Era at Comic-Con 2015

The show is bigger, crowded with fans, events and new venues as well as more diverse offerings of comics targeting kids, women and people of color than ever before. So why are so many comics professionals worried about Comic-con? Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
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Go Set a Watchman's UK sales top 100,000 in one day

Harper Lee’s ‘parent novel’ to To Kill a Mockingbird sets tills ringing despite ambivalent receptionDespite the widespread doubts over the decision to publish Go Set A Watchman, and despite the cries of horror that went up around the world over the weekend as readers discovered that the godlike... Continue reading at The Guardian

[ The Guardian | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #atticus finch #william heinemann #wednesday morning #news agenda #publishing history


Historic Day One Sales for 'Watchman'

Barnes & Noble and Book-A-Million have both pronounced that 'Go Set a Watchman' had the largest first day sale of any adult fiction book in the history of both retailers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #historic day #barnes noble #day sale


Gannett Hires WaPo, Yahoo Sales Exec Kevin Gentzel as Revenue Chief

In the past year Kevin Gentzel has gone from newspapers to digital media and back again.After hopping from The Washington Post to Yahoo last year, Mr. Gentzel has landed at Gannett as the newspaper company's chief revenue officer and will report to the company's president of domestic publishing... Continue reading at Advertising Age

[ Advertising Age | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad revenue #longer rely #usa today #digital sites #late june #digital business