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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Verizon reportedly close to acquiring Yahoo for around $5 billion

Verizon is reportedly nearing a deal to purchase Yahoo for close to $5 billion, bringing to an end a months-long bidding process for a now-ailing company that was once an Internet trailblazer. The sale is still being deliberated, but could be announced early next week, according to Bloomberg.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-07-22 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wider company #pearson uk


Quartz Said to Near $30 Million in Revenue, Without Clickbait or Standard Ad Units

Many digital media businesses chase readers on the largest scale possible, all the better to attract advertisers that want to spread their messages widely. But big reach comes at a cost -- in quality, in resources -- that isn't always justified by the ad rates online.Unfortunately the niche game... Continue reading at Advertising Age

[ Advertising Age | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big reach #smaller publishers #global economy #thousand impressions #editorial products


The weird thing Tom Cruise does during interviews, and other revelations from a celebrity reporter

At first glance, the new memoir I'm Your Biggest Fan: Awkward Encounters and Assorted Misadventures in Celebrity Journalism just looks like a breezy collection of stories about Hollywood stars from People magazine executive editor Kate Coyne. Continue reading at Stuff

[ Stuff | 2016-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biggest fan #hollywood stars


St. Paul Friends of Public Library Head Peter Pearson To Step Down

Peter Pearson, executive director of The Friends of the St. Paul Public Library, will retire December 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-01 00:00:00 UTC ]
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Pearson in 'strong position' to weather Brexit uncertainties

Pearson’s chief executive John Fallon has said the company “fully respects” the outcome of the EU referendum despite its own view the UK would have been "better off" inside the EU. Continue reading at The Bookseller

[ The Bookseller | 2016-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #eu referendum


One-Time Charges Lead to Drop in Earnings at Barnes & Noble Education

Revenue at the college store operator rose 1.7% in fiscal 2016, but restructuring charges tied to outsourcing its digital education platform led to a decline in earnings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-28 00:00:00 UTC ]
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AAP Reports Book Sales Down in January

The two major trade segments--adult and children's/YA--had a slow start to the year, according to the Association of American Publishers' StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #slow start #american publishers


B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lower sales #nook division #1% decline #retailer reported #net loss


Guardian drops children’s books site

The Guardian is bringing its children’s books website to an end next month because of financial constraints. Continue reading at The Bookseller

[ The Bookseller | 2016-06-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books site #books website #financial constraints


Report: Teachers lack time to share books in classrooms

More than half of primary school pupils in the UK don’t have enough time to talk about books in the classroom, according to research released by Oxford University Press. Continue reading at The Bookseller

[ The Bookseller | 2016-06-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #share books #uk don #research released


Stevenson to narrate winning Royal Academy & Pin Drop short story

Actress Juliet Stevenson is to announce and narrate this year’s winning story at the RA & Pin Drop Short Story Award on 24th June. Continue reading at The Bookseller

[ The Bookseller | 2016-06-16 00:00:00 UTC ]
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Facebook's rise as news source hits publishers' revenues

Reuters Institute for the Study of Journalism report also finds importance of TV news is waning among young peoplePeople are increasingly heading to social media such as Facebook for news, making it more difficult for publishers to attract and make money from readers, according to an influential... Continue reading at The Guardian

[ The Guardian | 2016-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make money #digital ads #business models


Ebook Sales in Germany Up, Revenue Down

Have ebook sales plateaued in Germany? The latest Ebook Quarterly Report from the German Publishers and Booksellers Association indicates lower revenue despite growth in sales volume. The post Ebook Sales in Germany Up, Revenue Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #german publishers #booksellers association


An Untapped Well for Alternative Revenue

[Sponsored] Folio: and Wright's Media team up for a survey about publishers' willingness to embrace brand licensing as a revenue stream. The post An Untapped Well for Alternative Revenue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-03 00:00:00 UTC ]
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Digital Content Next reports recommendations for reaching the ad-blocking audience

As the population of people using ad blocking software has grown, publishers are increasingly recognizing that they have to find a way to address those people a different way. Digital Content Next, a trade group for premium publishers, has shared recommendations, which came out of meetings with... Continue reading at Digiday

[ Digiday | 2016-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #premium publishers #digital content #trade group #user experience #growing audience #jason kint


Bloomberg, Fortune, Money, and The Hollywood Reporter Among Loeb Award Finalists

Two separate Bloomberg magazine titles earn finalist nods for the 2016 awards honoring the best in business and financial journalism. The post Bloomberg, Fortune, Money, and The Hollywood Reporter Among Loeb Award Finalists appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-05-20 00:00:00 UTC ]
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Can Libro.fm Turn Digital Audiobooks into a Revenue Stream for Indies?

The Seattle start-up, which just launched its platform, wants to be the go-to digital audiobook site for indies. Even with the support of the Big Five, it's still not clear how much of a difference it will make for its 85 partner bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-20 00:00:00 UTC ]
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New Report Shows Importance of Digital to Canadian Pubs

The third annual report from BookNet Canada, released this week, found that 14% of Canadian publishers earned 30% of their revenue from ebooks in 2015, up from 8% the year before. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual report #booknet canada


Haynes to axe 17% of workforce due to falling sales

Independent publisher of user manuals Haynes is to close its US and Swedish bases and axe 41 jobs due to falling demand for print manuals. Continue reading at The Bookseller

[ The Bookseller | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #falling sales #independent publisher