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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Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday
[ Digiday | 2016-10-11 00:00:00 UTC ]
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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 ]
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World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian
[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Norwich-based regional publisher increases cover prices at 40 titles Three months after posting its first revenue and profit growth in eight years, regional newspaper publisher Archant has increased cover prices at most of its titles.In a message to the National Federation of Retail Newsagents... Continue reading at The Guardian
[ The Guardian | 2015-11-18 00:00:00 UTC ]
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Education publisher, which is in the process of selling off the Financial Times, blames ‘challenging’ market as it suffers biggest share price fall since 1987Pearson suffered its biggest share slump in decades on Wednesday as the education publisher’s stock price crashed almost 16% after issuing... Continue reading at The Guardian
[ The Guardian | 2015-10-21 00:00:00 UTC ]
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Pearson is expected to announce the sale of its stake in the publisher of The Economist magazine as early as this week for about £400m, according to people close to the matter. The De Rothschild family and Exor, the investment vehicl ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-08-10 00:00:00 UTC ]
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Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller
[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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Daily Mail and Trinity Mirror, shareholders in local newspaper publisher, to share £25m after adjusted profits for 2014 go up 12%Local World reported a 12% rise in adjusted profits last year to £43.6m, netting shareholders the Daily Mail and Trinity Mirror more than £25m to share.David... Continue reading at The Guardian
[ The Guardian | 2015-06-30 00:00:00 UTC ]
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Penguin Random House delivered a "strong performance in its first full year after the merger", media group Bertelsmann has said. Penguin Random House chief executive Markus Dohle said the combined businesses had "made a powerful statement: We are stronger together" describing 2014 as "a... Continue reading at The Bookseller
[ The Bookseller | 2015-04-01 00:00:00 UTC ]
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Denmark-based Egmont Group said it achieved its “best year ever” in 2014, as pre-tax profit for the year totalled €127m (£92.5m), a 36% increase from 2013. All divisions recorded improvements in their underlying operations and overall revenues for 2014 grew 10% to €1.6bn (£1.2bn). Ebitda... Continue reading at The Bookseller
[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Pearson has appointed a new chief financial officer (c.f.o.) after reporting a sales drop of 4% in 2014. The company has appointed Coram Williams to the role of c.f.o. from Penguin Random House, where he is currently holding the same title. He will start in the job on the 1st August, replacing... Continue reading at The Bookseller
[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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Google's Chromebook is on the up and up, according to the latest report published by analyst firm Gartner. This year, Gartner estimates that total Chromebook sales will hit 5.2 million, which is up 79 percent from 2013. Looking further out to 2017, the number of units sold should reach 14.4... Continue reading at Betanews
[ Betanews | 2014-08-13 00:00:00 UTC ]
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Global profits at Scholastic Corp increased 31% to $107m (£62.9m) during the 2014 financial... Continue reading at The Bookseller
[ The Bookseller | 2014-07-24 00:00:00 UTC ]
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Publisher of Financial Times operating profits grow to £55m in 2013 as owner Pearson announces overall slump of 21%Pearson has reported a 21% slump in its overall operating profit for 2013, as its core US education business continues to be hit by the "worst trading conditions" seen in decades.... Continue reading at The Guardian
[ The Guardian | 2014-02-28 00:00:00 UTC ]
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The charitable arm of education publisher Pearson, the Pearson Foundation, will pay $7.7m (... Continue reading at The Bookseller
[ The Bookseller | 2013-12-13 00:00:00 UTC ]
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Random House parent company Bertelsmann reported this morning that profits at RH rose to 117 million euros from 113 million euros in the first half of 2012 despite a 3.4% sales decline to 915 million euros. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-08-30 00:00:00 UTC ]
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Random House parent Bertelsmann has made "significant strides" in implementing its... Continue reading at The Bookseller
[ The Bookseller | 2013-05-16 00:00:00 UTC ]
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Profits at Simon & Schuster have risen in the in the first quarter of 2013, despite a fall in... Continue reading at The Bookseller
[ The Bookseller | 2013-05-02 00:00:00 UTC ]
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Waterstones m.d. James Daunt (above) has called on the government to address the issue... Continue reading at The Bookseller
[ The Bookseller | 2013-02-01 00:00:00 UTC ]
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