Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at 'The Bookseller'

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
News tagged with: #education company

Other Publishing stories related to: 'Pearson is being sued for 'over-optimistic' financial projections'

Because it’s 2020, HarperCollins is suing Lindsay Lohan.

That’s right. HarperCollins is suing Lindsay Lohan for breach of contract after she failed to deliver a manuscript for the memoir they acquired from her back in 2014. The publishing company is asking for their $365,000 back—ostensibly the first third of the reported $1 million purchase price.... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-11 15:12:50 UTC ]
More news stories like this | News stories tagged with: #memoir #harpercollins

PA and Pearson join Creative Industries Trade Advisory Group

The Publishers Association and Pearson are to sit in on the Creative Industries Advisory Group, to assist in steering "ongoing and upcoming trade negotiations" in the UK.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 06:08:05 UTC ]
More news stories like this | News stories tagged with: #pearson

Pearson appoints Walt Disney exec Andy Bird as c.e.o.

Pearson has appointed Andy Bird, most recently president and chairman of Walt Disney International, to be Pearson's new chief executive. He will start on 19th October, subject to shareholder approval, with outgoing boss John Fallon remaining in the role until that date.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 08:02:27 UTC ]
More news stories like this | News stories tagged with: #pearson

How to pitch a new project

The Borough Press editor and Rising Star 2020 Ore Agbaje-Williams – who spearheaded her company's BAME open submissions period with The Good Literary Agency – shares her top tips for pitching and launching a new work project. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 02:15:30 UTC ]
More news stories like this | News stories tagged with: #top tips #literary agency

Pearson pulls BTEC results on eve of release

Pearson pulled its BTEC results last night (19th August), the evening before they were to be released, saying it is regrading them in line with GCSEs and A-Levels. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 00:37:53 UTC ]
More news stories like this | News stories tagged with: #pearson

Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
More news stories like this | News stories tagged with: #pearson

Zadie Smith’s New Book Was Written During Lockdown. It’s Optimistic.

The author’s latest collection shows how few novelists seem to genuinely love human beings the way she does. Continue reading at Slate

[ Slate | 2020-07-21 19:06:23 UTC ]
More news stories like this | News stories tagged with: #zadie smith #novelists

Toronto's Pearson airport cuts 1/4 of staff due to reduced travel demand amid COVID-19 pandemic

The biggest airport in Canada is eliminating 500 jobs because of the dramatic reduction in demand for air travel due to COVID-19. Continue reading at CBC

[ CBC | 2020-07-14 14:02:27 UTC ]
More news stories like this | News stories tagged with: #dramatic reduction #pearson

Andrew Scheer spotted without a mask at Toronto's Pearson Airport

Conservative Leader Andrew Scheer was seen at a departure gate at Toronto’s Pearson Airport today without a mask on — an apparent contravention of the rules that apply to travellers passing through the terminal. Continue reading at CBC

[ CBC | 2020-07-07 20:47:39 UTC ]
More news stories like this | News stories tagged with: #pearson airport #pearson

Author A G Smith launches project for marginalised voices writing on lockdown

Author A G Smith has launched Paperchains, a project that aims to publish a book of writing by prisoners, homeless people and members of the armed forces about the coronavirus lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-06-29 23:21:12 UTC ]
More news stories like this | News stories tagged with: #coronavirus lockdown #homeless people #armed forces

Education publishers optimistic that goodwill from free resources will endure

With home learning a new and potentially long-lasting part of the education picture, a number of thosein the sector believe their freeing of resources during the lockdown will reap long-term gains. Continue reading at The Bookseller

[ The Bookseller | 2020-06-19 09:32:53 UTC ]
More news stories like this | News stories tagged with: #free resources

Publishers are suing the Internet Archive for scanning and distributing copies of their books.

On June 1st, a group of book publishers—Hachette Book Group, HarperCollins Publishers, John Wiley & Sons, and Penguin Random House, all member companies of the Association of American Publishers—filed a copyright infringement lawsuit against the Internet Archive, whose “National Emergency... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-01 17:48:23 UTC ]
More news stories like this | News stories tagged with: #internet archive #june 1st #harpercollins publishers #early days #coronavirus pandemic #harpercollins

The Telegraph, Financial Times, Hearst headline Digiday Media Awards Europe finalists

A digital-native brand, a TV trailblazer and an age-old print stalwart broke onto the 2020 shortlist for Digiday Media Awards Europe. The honorees all shared a commitment to embracing new platforms and formats — often with a social-media and video-first mindset. The post The Telegraph, Financial... Continue reading at Digiday

[ Digiday | 2020-05-21 13:49:23 UTC ]
More news stories like this | News stories tagged with: #hearst

Macmillan Children's hires Pearson and Timms as publishing directors

Macmillan Children’s Books has appointed Egmont's Nicole Pearson and Little Tiger's Barry Timms to new publishing director roles in its expanding Preschool, Brands and Classics division. Continue reading at The Bookseller

[ The Bookseller | 2020-05-05 14:15:14 UTC ]
More news stories like this | News stories tagged with: #macmillan children #publishing directors #publishing director #macmillan #pearson

Pearson down 5% in first quarter amid Covid-19 disruption

Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 16:58:47 UTC ]
More news stories like this | News stories tagged with: #5% fall #global revenues #pearson

Duffy and Manchester Writing School launch coronavirus poetry project

Poet Carol Ann Duffy and the Manchester Writing School have launched an international poetry project in response to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-04-19 14:30:11 UTC ]
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Agents Weigh Whether to Submit Projects During the Pandemic

As a plunge in sales caused by the recent coronavirus outbreak forces publishers to tighten their purse strings, agents are struggling with a new wrinkle to one of their age-old dilemmas: when to submit their clients’ new manuscripts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales caused #purse strings

Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #$50 million #adjusted ebitda

Gannett Names Former We Company, Time Warner Executive as Chief Financial Officer

Gannett, the owner of USA TODAY and more than 260 other daily publications, appointed a new chief financial officer as Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-08 17:34:12 UTC ]
More news stories like this | News stories tagged with: #usa today #time warner

A newly discovered portrait of Mary Pearson reminds us that the Austens were total jerks about her.

Long before Tinder, there was Jane Austen, warning your dates and their families that you looked nothing like your picture: in this instance, her subject was Mary Pearson, a portrait of whom has recently been discovered and acquired by Jane Austen’s House museum. Pearson, who likely inspired... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-07 15:55:45 UTC ]
More news stories like this | News stories tagged with: #jane austen #pearson