Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at 'The Bookseller'

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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B&N Reports $124M First Quarter Loss; Riggio Stands Pat

B&N chair Len Riggio is not buying the B&N retail business—at least not yet. B&N reported a fiscal 2014 first quarter consolidated loss of $87 million, up from the $40 million loss reported for the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss

Reports of Barnes & Noble’s Death Are Greatly Exaggerated

B&N is being eulogized as a 'dead man walking,' but the company still has a firm foundation, including the Nook, and will be with us as long as we still have print. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #greatly exaggerated

Hastings Reports $4.1M Second Quarter Loss

Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #net loss

Quarto Results Hit Expectations

The Quarto Group reported a small decline in sales for the six month period ended June 30, with revenue falling to $72.2 million from $73.2 million in the comparable period last year, while operating profit inched ahead to $4.0 million from $3.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small decline #revenue falling

Pearson invests in Voxy

Pearson is to become a key minority shareholder in English language learning platform Voxy. New... Continue reading at The Bookseller

[ The Bookseller | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson invests

A.H. Belo and Journal Publishing revenues Drop

The newspaper industry was hit with more bad news mid-week, as the Cleveland Plain Dealer made deep cuts to its newsroom, and several newspaper publishers reported more revenue declines. The Plain Dealer, owned by Advance Publications, delivered ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #newspaper industry #advance publications

Barnes & Noble reports it overstated losses in past years

Barnes & Noble says it lost less money than it previously reported during the past two years. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #past years #barnes noble #previously reported

Instagram reportedly blocking images uploaded through some third-party apps

Hipstamatic Oggl app users might want to rethink those subscriptions. Select Windows Phone 8 imaging apps, such as Instance, may no longer be able to upload images to Instagram's photo sharing service. According to a spokesperson's comment published on The Verge, the site has updated its API,... Continue reading at Engadget

[ Engadget | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recently made

Penguin: 'Double digit growth with Waterstones'

Penguin UK achieved double-digit growth with Waterstones in the first six months of 2013, ahead... Continue reading at The Bookseller

[ The Bookseller | 2013-07-29 00:00:00 UTC ]
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London Market Report

The FTSE 100 falls, but shares in publishing group Pearson jump 9% after its latest results. Continue reading at BBC News

[ BBC News | 2013-07-26 00:00:00 UTC ]
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Revenues Up for Meredith’s Magazine Group

Revenues were up for Meredith's National Media Group in its fiscal year 2013 earnings report, as the company saw big returns from digital advertising and continued success with its S Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine group #digital advertising #continued success

Jobs go at Pearson Australia

Pearson Australia has announced up to 75 potential redundancies as it looks to make changes... Continue reading at The Bookseller

[ The Bookseller | 2013-07-16 00:00:00 UTC ]
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Barnes & Noble CEO steps down following dismal financial reports

Barnes & Noble CEO William Lynch resigned after the company reported disappointing fourth-quarter numbers. The bookstore chain also recently announced that it's seeking another company with which to produce the B&N Nook tablet devices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore chain #recently announced

Facebook leaning on Samsung for mobile partnership, report says

SAN FRANCISCO -- Facebook Chief Operating Officer Sheryl Sandberg is in South Korea officially to promote her book "Lean In." But sources told the Korea Herald that she was also taking the opportunity to lean on Samsung Vice President Shim Soo-ok to form a mobile partnership with the giant... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sources told #korea herald

News Corp. Spinoff Forces Publishing Arm to Prove Growth

Rupert Murdoch bowed to investor pressure to split his six-decade-old publishing business from the rest of News Corp. (NWSA)&rsquo;s media empire. Now it&rsquo;s time for the newspaper unit to prove it can make it on its own. The publishing ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business #media empire #newspaper unit

Prague Fair Report: Solidarity with Slovakia, VAT Hike, Amazon is Coming

With Slovakia as guest of honor, Book World Prague offered a gauge of the local book biz, where the recent hike of VAT to 15% has stifled book sales and Amazon is expected to open soon. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-26 00:00:00 UTC ]
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Facebook to clone Flipboard next, report says

Facebook, which has never shied away from copying its rivals' features, is now working on a mobile service that would display news content in a visually appealing, magazine style, similar to what startup Flipboard already does. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile service