Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at 'The Bookseller'
[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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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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Union inroads into media have many observers predicting a better long-term future for beleaguered newsroom employees. The post Rise in union activity is clashing with digital publishing’s business struggles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-12-17 00:00:00 UTC ]
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Anthony Bourdain’s Kitchen Confidential also helps boost publisher’s profits by 13% A surge in sales of Anthony Bourdain’s Kitchen Confidential and growing demand for the perennial favourite Harry Potter has helped to fuel a rise in first-half profits and revenue for the book publisher... Continue reading at The Guardian
[ The Guardian | 2018-10-23 00:00:00 UTC ]
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Simon & Schuster's revenue and operating income rose in the second quarter, helped by lower production costs. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller
[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller
[ The Bookseller | 2018-02-23 00:00:00 UTC ]
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Chancellor Philip Hammond could be set to scrap plans to raise business rates by 3.9% next April. Continue reading at The Bookseller
[ The Bookseller | 2017-11-07 00:00:00 UTC ]
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Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update. Continue reading at The Bookseller
[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
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Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian
[ The Guardian | 2017-08-04 00:00:00 UTC ]
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Publisher Elsevier saw revenue up 11% in the first half of 2017, to £1,171m, although underlying growth was a more modest 2%. Continue reading at The Bookseller
[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell. By Stephen BuranyiIn 2011, Claudio Aspesi, a senior investment analyst at Bernstein Research in London, made a bet that the dominant firm in one... Continue reading at The Guardian
[ The Guardian | 2017-06-27 00:00:00 UTC ]
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Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m. Continue reading at The Bookseller
[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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BuzzFeed, Bleacher Report, Mashable and Refinery29 want to get into show business. Here's how they are set up to do it. The post How top digital publishers are set up to get into show business appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-04-10 00:00:00 UTC ]
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Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016. Continue reading at The Bookseller
[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News
[ BBC News | 2017-01-18 00:00:00 UTC ]
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Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian
[ The Guardian | 2017-01-18 00:00:00 UTC ]
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John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian
[ The Guardian | 2017-01-18 00:00:00 UTC ]
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