Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to £1,092m (2015: £654m). Meanwhile, Penguin Random House adjusted operating profits for Pearson's 47% stake in the trade publisher were £129m for 2016, up 43% in terms of headline growth (23% in underlying growth) from £90m in 2015. Continue reading at 'The Bookseller'
[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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Reading charity is donating around 2,000 books to foodbanks in London and the Midlands this Christmas. The charity is teaming up with The Trussell Trust foodbank network to distribute books to foodbanks in Wandsworth, West Norwood, Manchester, Coventry and Birmingham. Each foodbank will receive... Continue reading at The Bookseller
[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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A 60-day study conducted by the Association of National Advertisers and ad fraud detection company White Ops came to a conclusion likely to unsettle many digital ad buyers: purchasing ads from premium publishers does not protect marketers from fraud."Advertisers who assume that traffic to... Continue reading at Advertising Age
[ Advertising Age | 2014-12-09 00:00:00 UTC ]
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Mary Costello’s debut novel Academy Street (Canongate) has been voted the Bord Gáis Energy Book of the Year for 2014. The book was chosen via public vote from the list of category winners announced at the recent Bord Gáis Energy Irish Book Awards. Continue reading at The Bookseller
[ The Bookseller | 2014-12-06 00:00:00 UTC ]
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Listening to an audiobook is, by its very nature, a sensory experience—and for the past decade, GraphicAudio, an imprint of the Bethesda, Md.–based Cutting Corp., has been targeting listeners’ senses in a big way. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Robb Report, a magazine and lifestyle brand dedicated to the ultra wealthy, has been sold to Rockbridge Growth Equity, a Detroit-based private equity firm. Terms weren't disclosed. Continue reading at Folio Magazine
[ Folio Magazine | 2014-12-04 00:00:00 UTC ]
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YouTube star Zoella’s first book sells 78,000 copies in its first week, the highest first week’s sales of a new author ever! Girl Online, the first novel by Zoe Sugg AKA “Zoella” has pushed Jeff Kinney’s newest Diary of a Wimpy Kid: The Long Haul off the top of the chart as the fastest selling... Continue reading at The Guardian
[ The Guardian | 2014-12-03 00:00:00 UTC ]
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Booksellers are reporting a boost in online retail sales for the period covering both Cyber Monday (1st December) and Black Friday (28th November). The Book People ran themed Black Friday offers including on Cyber Monday yesterday (1st December) offering customers up to 80% off the r.r.p in... Continue reading at The Bookseller
[ The Bookseller | 2014-12-03 00:00:00 UTC ]
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The Miniaturist by Jessie Burton has been named as the Waterstones Book of the Year. Burton's debut novel, published by Picador, beat a shortlist that also included Man Booker Prize winner The Narrow Road to the Deep North and Samuel Johnson Prize winner H is for Hawk. Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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Waterstones will “break even” this year if the retailer has a good Christmas, according to its m.d James Daunt. In an interview with the Guardian, the Waterstones boss said the chain’s intention was to eradicate its losses by the end of its financial year. “We are heading towards break-even in... Continue reading at The Bookseller
[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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The former Newsnight presenter’s first subject will be Britain over the last 50 years while the second will be about his TV careerJeremy Paxman will reportedly tell of his decades-long career at the BBC as part of a three-book deal for almost £1m. The former Newsnight presenter will not pull any... Continue reading at The Guardian
[ The Guardian | 2014-11-30 00:00:00 UTC ]
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Fifteen years ago, at the start of the millennium, PW named Poisoned Pen Bookstore in Scottsdale, Ariz., one of 11 innovative businesses destined to influence publishing in the 21st century. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-28 00:00:00 UTC ]
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David Walliams’ Awful Auntie (HarperCollins Children’s) has been named Children’s Book of the Year at the Specsavers National Book Awards, making it the third time in a row the author has won the honour. The awards, presented today (26th November) at a ceremony at the Foreign Office in London... Continue reading at The Bookseller
[ The Bookseller | 2014-11-27 00:00:00 UTC ]
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The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business. The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At... Continue reading at The Bookseller
[ The Bookseller | 2014-11-26 00:00:00 UTC ]
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Criterion Designs is a beautiful book that captures 30 years of iconic movie covers. The post 30 Years of Iconic Criterion Covers Collected in One Beautiful Book appeared first on WIRED. Continue reading at Wired
[ Wired | 2014-11-26 00:00:00 UTC ]
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Remote ebook lending in libraries leads to a "significant" increase in borrowing, but not to an increase in book buying, according to interim trends noted at the six-month stage of a year-long pilot project. Continue reading at The Bookseller
[ The Bookseller | 2014-11-25 00:00:00 UTC ]
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In the fiscal year ended September 30, the Perseus Books Group had strong financial results, CEO David Steinberger wrote to employees in his letter reviewing the last 12 months. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-24 00:00:00 UTC ]
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Penguin Random House will “nurture, protect and champion” Sue Townsend’s work for years to come, c.e.o. Tom Weldon has said. Speaking at an event to celebrate the late writer’s life and work at The British Library, Weldon made the promise to Townsend’s family, who were in attendance. He also... Continue reading at The Bookseller
[ The Bookseller | 2014-11-22 00:00:00 UTC ]
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"Stop making Facebook the center of your relationship marketing efforts," says Nate Elliott, VP and principal analyst at Forrester.Today market research firm Forrester published a report for brands titled "Social Relationship Strategies That Work."Read Full Story Continue reading at Fast Company
[ Fast Company | 2014-11-19 00:00:00 UTC ]
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Books by a brain surgeon, a former Mormon, a chef and an acclaimed artist are among those shortlisted for the 2014 Costa Book Awards. The awards honour books published in the last year in five categories – First Novel, Novel, Biography, Poetry and Children’s Book. This year the awards received... Continue reading at The Bookseller
[ The Bookseller | 2014-11-19 00:00:00 UTC ]
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The author of The Gruffalo earned more than JK Rowling and Dan Brown in UK, making her the fourth biggest-selling writer in British historyA dancing chorus of giants and snails, witches and Gruffalos have propelled Julia Donaldson into uncharted territory, as the former childrens laureate... Continue reading at The Guardian
[ The Guardian | 2014-11-14 00:00:00 UTC ]
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