Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
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AAP Reports Downturn in Trade Sales for April 2017

Due to declining ebook sales and a major drop-off in mass market, sales of adult books and children's books were down in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade sales #adult books #mass market


Indie Booksellers Report Solid Summer Sales

Sales were strong across much of the country this past summer, and the attitude going into the fall is positive, according to a survey of more than 15 independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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Claiming Liberal Bias, Pub Drops Association with 'NYT' Bestseller Lists

Marji Ross, president of the conservative press Regnery Publishing, sent a letter to her authors saying the paper "prioritizes liberal-themed books over conservative books." For this reason, the bonus structure in her house's contracts will now rely on a different list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestseller lists


Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

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 ]
More news stories like this | News stories tagged with: #audio sales


Global Publishing Leaders 2017: Pearson Plc

Pearson was founded in 1844 by Samuel Pearson as S. Pearson and Son, a small building firm in Yorkshire in the North of England. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plc #samuel pearson


New York Times pulls YA novel from bestseller list after reports of fake sales

Lani Sarem’s Handbook for Mortals was taken off the No 1 spot after fellow YA authors, sceptical of ‘a book that no one has heard of’, uncovered a pattern of strategic preordersA young adult novel has been removed from the No 1 position on the New York Times bestseller lists, after detective... Continue reading at The Guardian

[ The Guardian | 2017-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #las vegas #angie thomas #debut novelist #police violence


Reports: Russian Censorship Is Being Intensified; Translated Work Examined

As an American author and her Russian publisher reveal, literary censorship is ongoing, and reports indicate that Moscow is increasing its efforts. The post Reports: Russian Censorship Is Being Intensified; Translated Work Examined appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post reports #american author #literary censorship


Pearson sells Global Education to Puxin for £62m

Pearson has completed the sale of language training subsidiary Global Education in a deal worth $80m (£62m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Books Suffer from Potter Curse, Sales Tumble 17%

Unit sales of print books in the week ended Aug. 6, 2017, were down 17% from the similar week in 2016 at outlets that report to NPD BookScan. The decline was due entirely to the release last year at this time of J.K. Rowling’s Harry Potter and the Cursed Child, which sold about 2.5 million... Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #potter curse #print books #harry potter #cursed child


Indigo's Revenue Rises 6.8% in Q1 of Fiscal 2018

Indigo Books & Music got off to a strong start to fiscal 2018, posting a 6.8% sales gain in the first quarter ended July 1, 2017. The company cut its loss to C$5.3 million, from C$9 million in last year's first period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$9 million #strong start


Print and audio book sales boost S&S revenue

Sales at Simon & Schuster grew 10% in the second quarter of 2017, hitting $206 million (£158m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-09 00:00:00 UTC ]
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Pearson to axe 3,000 jobs after slump at main US business

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 ]
More news stories like this | News stories tagged with: #profit warnings


Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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US publishers' revenues leap 4.9% in first quarter

US book publishing revenues have risen 4.9% for the first quarter of 2017 following higher sales in Adult books and higher education course materials, the Association of American Publishers (AAP) has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #higher sales #adult books #higher education


Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Hachette Sales Up 5% in First Half of 2017

A strong performance by its Nashville-based imprints FaithWords and Center Street helped lift sales 5% at Hachette Book Group in the first half of 2017 over the comparable period in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Wicks dominates print in Amazon Summer Trends report

Joe Wicks has claimed three spots on a ranking of Amazon’s top 10 bestselling print books, in a list dominated by non-fiction and lifestyle titles. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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Taylor & Francis sees first-half sales rise

The Taylor & Francis Group saw sales rise 11.3% year-on-year to £238.9m in the six months to 30th June 2017, although underlying growth was put at just 1.2%, suggesting the publisher saw a boost from foreign exchange and the weakened pound. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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Religion Deals Report: July 2017

ABC News correspondent Linsey Davis is bringing her first book to Zonderkidz, Sounds True nabbed a book by former death row inmate turned magician Damien Echols, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-26 00:00:00 UTC ]
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Bleacher Report poaches Conde Nast’s Howard Mittman to lead sales

The former Conde Nast publisher sees an opportunity to capitalize on disruption taking place in sports media. The post Bleacher Report poaches Conde Nast’s Howard Mittman to lead sales appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #howard mittman