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 ]
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Tony Robinson reads Goblin Market for isolation project PoetryGeneration

Ellie Levenson, author and owner of Fisherton Press, has launched online poetry project PoetryGeneration.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-05 19:23:26 UTC ]
More news stories like this | News stories tagged with: #fisherton press


Financial Results Varied for Publishers In 2019

Even disregarding the negative impact the new coronavirus will have on the U.S. economy this year, America’s largest publicly traded publishers had a challenging 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #negative impact


University of East Anglia launches 50th anniversary creative writing project

The University of East Anglia (UEA) has announced a major strand of its ambitious CW50 anniversary campaign, which celebrates 50 years of creative writing at UEA.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 15:44:04 UTC ]
More news stories like this | News stories tagged with: #creative writing


Emily St. John Mandel's 'The Glass Hotel' is a tale of fraud and financial collapse

"The Glass Hotel" follows the players in a pyramid scheme and reveals how guilt is deflected and lives are shattered. Continue reading at The Washington Post

[ The Washington Post | 2020-03-23 16:49:44 UTC ]
More news stories like this | News stories tagged with: #emily st #john mandel #glass hotel


Firm Behind Apple E-books Case Now Suing Amazon for Price Fixing

On March 19, lawyers from Hagens Berman filed a class action suit on behalf of consumers in the U.S. District Court in Seattle, accusing Amazon of a massive horizontal price fixing scheme involving its two million third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #price fixing #district court


Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Opportunity: Grants for creative projects with the United Arab Emirates

BackgroundIn conjunction with the Sharjah Market Focus at The London Book Fair in March 2020, the British Council will be offering two small grants of £3000 each to UK or UAE based organisations for activity taking place between 16 March and 31 October 2020. Together, the British Council will... Continue reading at British Council global

[ British Council global | 2020-02-21 12:31:03 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house


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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Florida in the 1920s: Fun, sun and a looming financial disaster

Christopher Knowlton posits that the state’s real estate bubble led to the Great Depression. Continue reading at The Washington Post

[ The Washington Post | 2020-01-31 19:10:52 UTC ]
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B&NE Appoints Financial Adviser

Barnes & Noble Education hired Morgan Stanley to serve as its financial adviser as it looks for ways to increase shareholder value in a fast-changing college material market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
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The financial system is supposed to serve the economy — not harm it

Nicholas Shaxson argues that big banks are thriving at the expense of everyone else. Continue reading at The Washington Post

[ The Washington Post | 2019-12-27 13:00:00 UTC ]
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The Economic Hardship Reporting Project Gives Writers a Hand

Founded in 2012 to help freelance and unemployed journalists get published in newspapers, magazines, and other periodicals, the organization now wants to ensure that more books by such writers pass through the publishing pipeline. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-20 05:00:00 UTC ]
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Pearson Sells Last 25% of PRH to Bertelsmann

U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Reuters, Facebook Journalism Project Create E-Learning Course on Deepfakes

Multimedia news publisher Reuters teamed up with the Facebook Journalism Project on an e-learning course aimed at helping newsrooms more easily detect deepfakes and manipulated media. Identifying and Tackling Manipulated Media contains tips on identifying and rejecting manipulated video, images... Continue reading at AdWeek

[ AdWeek | 2019-12-17 19:35:26 UTC ]
More news stories like this | News stories tagged with: #real-world examples #news publisher


Pearson wins contract with UK Home Office

Pearson has won a contract with the UK Home Office to deliver secure English language tests (SELTs) to people who need to demonstrate their English language skills to work or live in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-12-17 10:16:56 UTC ]
More news stories like this | News stories tagged with: #pearson


The New York Times’ acclaimed “1619 Project” to become a series of books.

Random House announced today that they’ve acquired the rights to a series of books based on the New York Times Magazine’s extraordinarily popular “1619 Project,” which interrogates received perspectives on four centuries of slavery in America through essays, stories, histories, poems, and... Continue reading at Literrary Hub

[ Literrary Hub | 2019-11-20 13:52:40 UTC ]
More news stories like this | News stories tagged with: #book series— #books based #nikole hannah-jones #random house


Financial Times Names New Top Editor | People on the Move

[caption id="attachment_175123" align="alignright" width="150"] Roula Khalaf[/caption] The Financial Times announced Roula Khalaf as its next editor, making her the first female top editor at the FT in its 131-year history. A 24-year veteran of the FT, Khalaf most recently served as deputy... Continue reading at Folio Magazine

[ Folio Magazine | 2019-11-14 20:49:51 UTC ]
More news stories like this | News stories tagged with: #staff writer #texas legislature #baton rouge #entertainment weekly #national security #daily beast #foreign policy


Lionel Barber to step down as editor of the Financial Times

In May, Jim Waterson, media editor at The Guardian, reported that Lionel Barber, the editor of the Financial Times, was on the way out, and that the search was on for his replacement. In the summer, when Amber A’Lee Frost, who was interviewing Barber for CJR, mentioned that he was retiring,... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2019-11-12 13:03:08 UTC ]
More news stories like this | News stories tagged with: #multiple titles #media industry #unidentified assailants #rudy giuliani #previous version #hearst #british publishing