Pearson reports £2.6bn loss for the year

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 ]
News tagged with: #education market #profit warning #sharp rise #47% stake #trade publisher #underlying growth

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Blackwell Group halves losses within a year

Written By: Lisa Campbell Publication Date: Thu, 31/03/2011 - 09:14 Blackwell UK hopes to become profitable in two years, after nearly halving its operating losses to £5.6m. The academic bookseller’s year-end results to 26th June 2010 show the company has narrowed its operating losses from... Continue reading at The Bookseller

[ The Bookseller | 2011-03-31 00:00:00 UTC ]
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Penguin has best-ever year as Pearson profits leap

Written By: Charlotte Williams Publication Date: Mon, 28/02/2011 - 09:42 Penguin UK had its best ever year in 2010 as parent company Pearson reported a profits increase of 21% to £857m. For the year ending 31st December, sales at Pearson were £5.66bn, up 10% on 2009. Sales at Penguin were... Continue reading at The Bookseller

[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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Playboy, Martha Stewart Living Report Revenue, Net Losses for 2010

Playboy Enterprises and Martha Stewart Living Omnimedia suffered losses in 2010, due to the still struggling economy and a changing media landscape. Playboy says print/digital revenue fell 21.5 percent to $82.8 million in 2010. The domestic magazines generated $37.3 million, (down 32 percent... Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-17 00:00:00 UTC ]
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Four More Years: A Look at Books Released During Leap Years

Happy Leap Year! Let's look back at the books that dominated bestseller lists on previous leap years. Continue reading at Book Riot

[ Book Riot | 2024-02-29 12:00:00 UTC ]
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Years Later, ‘The Year of Magical Thinking’ Wields Different Magic

As his own life unfolds, an artist reconsiders his reaction to Joan Didion’s memoir about loss. Continue reading at The New York Times

[ The New York Times | 2024-02-17 10:04:10 UTC ]
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If your New Year’s resolution is to read more books this year, this is why you shouldn’t | Max Liu

From ‘all the books I read this month’ pictures on Instagram to Goodreads targets, we are forgetting to read for pleasureHow long will it take you to read this article? It would almost certainly take me longer. On average, adults read about 240 words a minute, but I always exceed those pesky... Continue reading at The Guardian

[ The Guardian | 2022-12-31 09:00:13 UTC ]
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Variety Notches Best Year of Revenue in Its 117-Year History

Entertainment trade publisher Variety, part of Penske Media Corporation, has notched a year of record revenue and reach, partly thanks to capitalizing on heightened consumer interest in the rapidly transforming film and television industry. The publisher posted the highest-ever revenue of its... Continue reading at AdWeek

[ AdWeek | 2022-12-05 12:11:04 UTC ]
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U.S. Book Show: Raven Named Bookstore of the Year, Lowe Named Sales Rep of the Year

The Raven Bookstore in Lawrence, Kans., was named 'PW' Bookstore of the Year in a virtual awards ceremony held during the U.S. Book Show. Commission rep Kurtis Lowe of Book Travelers West is 'PW' Sales Rep of the Year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-24 04:00:00 UTC ]
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2 great thrillers to read now -- and 2 for your summer reading list

Get ready for summer with domestic suspense novels by Lisa Scottoline, Sally Hepworth, Katie Gutierrez and Amanda Jayatissa Continue reading at The Washington Post

[ The Washington Post | 2022-05-14 12:00:14 UTC ]
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A winner of this year’s Windham-Campbell Prizes dropped out of the literary scene for 40 years.

New hero alert: Wong May, the winner of this year’s $165,000 Windham-Campbell Prize in poetry, who expressed surprise at the award given than she has consciously eschewed the literary world in favor of the work itself. On the Windham-Campbell website, Wong May has one of the all-time great... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-29 19:56:25 UTC ]
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DoubleVerify: Inflammatory and Misleading Content Spiked 83% Year Over Year Last November

Brands unwittingly spent a minimum of $235 million in advertising on sites linked to disinformation in 2019, according to Global Disinformation Index estimates, and digital media analytics, data and measurement platform DoubleVerify released a new report that examined three of the most important... Continue reading at AdWeek

[ AdWeek | 2021-02-23 00:05:16 UTC ]
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Books in the Media: Children's book reviews dip year on year

In August 2019, The Bookseller reported that children's books accounted for just 4.9% of review space, despite making up a third of the market. Latest figures from Books in the Media shows that this figure has dropped to 4.3%, when looking at reviews from the past 12 months.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 01:05:09 UTC ]
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Print market volumes up 18% year on year since bookshops reopened

Bookshops reopening since lockdown restrictions eased have boosted the market 18% in volume against the same period in 2019, with 14.6 million books sold since shop doors opened. Continue reading at The Bookseller

[ The Bookseller | 2020-07-17 09:17:49 UTC ]
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Sales fell 11% year-on-year in second quarter, Nielsen estimates

Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller

[ The Bookseller | 2020-07-05 21:42:39 UTC ]
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Strong year for Children's publishing as W H Smith unveils Books of the Year

W H Smith has unveiled its Books of the Year, with the retailer recognising two children's books for the first time.  Continue reading at The Bookseller

[ The Bookseller | 2019-11-13 15:22:56 UTC ]
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HBO's *Years and Years* Unlocks Sci-Fi's Ultimate Potential

At its core, science fiction is a tool for building thought experiment machines. That's the game Russell T Davies' new show is playing so beautifully. Continue reading at Wired

[ Wired | 2019-07-11 12:00:00 UTC ]
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Preakness TV audience down about 10 percent year to year in Baltimore — and twice that nationally

The TV audience in Baltimore for Saturday’s Preakness race was down 10.65 percent compared with that in 2018. Those are household figures from Nielsen that measure the size of the audience during the actual running of the race. They are provided by WBAL-TV, the NBC affiliate that aired NBC’s... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-20 13:50:00 UTC ]
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Preakness TV audience down about 10 percent year to year in Baltimore — and twice that nationally

The TV audience in Baltimore for Saturday’s Preakness race was down 10.65 percent compared with that in 2018. Those are household figures from Nielsen that measure the size of the audience during the actual running of the race. They are provided by WBAL-TV, the NBC affiliate that aired NBC’s... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-20 13:50:00 UTC ]
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Last Year's Books Top This Year's First Quarter Sales

Michelle's Obama's 'Becoming,' released in early November, was the biggest title, selling 629,000 copies through outlets that report to BookScan in the period ended March 30. Only three books released in 2019 made the top 20 list in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-04 00:00:00 UTC ]
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Weekly E-Ranking: 2 Fast 2 Furious

Fire and Fury burned into the Weekly E-Book Ranking number one spot for a second week running, denying Kimberley Chambers her second ebook top spot. Continue reading at The Bookseller

[ The Bookseller | 2018-01-26 00:00:00 UTC ]
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