Pearson forecasts lower 2020 profits

Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-02-20 19:43:44 UTC ]

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Ridley Pearson says inspiration, passion drove the writing of 'White Bone'

'Maybe four years ago, I read that your and my grandchildren will not see elephants in the wild,' Pearson told Monitor contributor Erik Spanberg. 'I kind of got passionate about it and I decided to make it the topic of [my] book.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-08-03 00:00:00 UTC ]
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PRH Had 'Solid' First Half, Pearson Says

Pearson, which has a 47% stake in Penguin Random House, reported that Increased benefits from the integration of Penguin and Random House offset "reduced demand" for ebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


S&S Profits Up But Sales Slip

Second quarter revenue fell 6.0% at Simon & Schuster compared to the second period of 2015, but operating income rose 4.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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Eason returns to profit

Irish chain retailer Eason has returned to profit after increasing sales by 9% to €147m (£126m) last year. Continue reading at The Bookseller

[ The Bookseller | 2016-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #increasing sales


St. Paul Friends of Public Library Head Peter Pearson To Step Down

Peter Pearson, executive director of The Friends of the St. Paul Public Library, will retire December 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-01 00:00:00 UTC ]
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Pearson in 'strong position' to weather Brexit uncertainties

Pearson’s chief executive John Fallon has said the company “fully respects” the outcome of the EU referendum despite its own view the UK would have been "better off" inside the EU. Continue reading at The Bookseller

[ The Bookseller | 2016-06-29 00:00:00 UTC ]
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PRH UK to vacate Ealing and Strand offices by 2020

Penguin Random House UK is vacating both its Transworld office in Ealing and its office in the Strand by 2020, it has announced. Continue reading at The Bookseller

[ The Bookseller | 2016-06-29 00:00:00 UTC ]
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Barnes & Noble Bets On Physical Bookstores To Improve Profits

New stores with cafés that serve beer and wine are part of the chain’s plans to boost its bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical bookstores #improve profits #bottom line


Clays profit up as print sales surge

Book printing company Clays Ltd has invested in its physical book-printing services, citing the decline of e-reader sales, the resurgence of public enthusiasm for print and the success of its new print self-publishing services. Continue reading at The Bookseller

[ The Bookseller | 2016-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-reader sales


International Institutional Library Budgets Forecast to Increase 1.4 Percent

An annual study of institutional libraries' budget forecasts shows participating libraries in the Middle East and Africa forecasting the largest increases; Europe the only region forecasting a (slight) decrease. The post International Institutional Library Budgets Forecast to Increase 1.4... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-02 00:00:00 UTC ]
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Indigo Posts C$28 Million Profit in Fiscal 2016

Revenue rose 11.0% over fiscal 2015, to C$994.2 million, and the chain had net earnings of C$28.6 million in fiscal 2016 compared to a loss of C$3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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Bloomsbury launches 2020 strategy to become B2B publisher

Bloomsbury has launched Bloomsbury 2020, a strategy to capitalise on the £3.4bn academic libraries market and reposition itself from "a primarily consumer publisher to a digital B2B (business-to-business) publisher". Continue reading at The Bookseller

[ The Bookseller | 2016-05-20 00:00:00 UTC ]
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Harry Potter magic helps conjure up profit rise at Bloomsbury

Sales of JK Rowling’s much-loved books jump 133%, boosted by illustrated edition, contributing to 8% profit rise at publisherHarry Potter is still working his magic for the publisher Bloomsbury after nearly 20 years, with sales more than doubling over the past year thanks to a new illustrated... Continue reading at The Guardian

[ The Guardian | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher bloomsbury #profit rise #jk rowling #harry potter #jim kay #1m copies


Sales Down, Profits Up at HBG

Revenue for the first quarter ended March 31, 2016 fell 10.3% at Hachette Book Group, compared to the same period last year, parent company Lagardere reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
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Bookshop to give Harry Potter 'eighth story' profits to schools

The Big Green Bookshop is to donate all profits from the sales of Harry Potter and the Cursed Child (Little, Brown) to local schools to enable them to buy books for their libraries. Continue reading at The Bookseller

[ The Bookseller | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter #cursed child #buy books


BEA 2016: Ridley Pearson: Holmes and His Notorious Rival, We Presume?

As he did with the villains of Peter Pan (in "Peter and the Starcatchers," written with Dave Barry) and Disney (in "Kingdom Keepers"), Ridley Pearson reimagines the lives of two famous fictional characters in his latest middle-grade series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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With Print Book Sales Stabilized, Return Rate Lowers

After the upheaval caused by the rise of ebooks, it appears that print book returns have largely declined. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-06 00:00:00 UTC ]
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Pearson forced to defend its strategy at rowdy a.g.m

Pearson has been forced to defend its business strategy at its a.g.m today (29th April), with shareholders voicing their anger over the decline in the company's share price. However, c.e.o John Fallon has vowed "we will get Pearson growing again". Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business strategy #share price #john fallon