Pearson restructure to hit 500 UK jobs

Pearson is set to axe 500 jobs in the UK as part of its restructure this year, The Bookseller understands. Continue reading at 'The Bookseller'

[ The Bookseller | 2016-01-22 00:00:00 UTC ]
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Pearson to slash ebook rental prices by 50% in digital push

Pearson plans to launch its own print rental program for courseware and reduce ebook rental prices by up to 50% as it bids to accelerate its shift to digital. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital push #pearson plans


Fallon admits 'we got it wrong' as Pearson shares plunge

Pearson's c.e.o. John Fallon has been forced to defend his position after admitting the company "got it wrong" last year, resulting in revisions to its 2017 forecast and dividend, and the withdrawal of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


He's had three strikes. Surely Pearson's chief executive is out?

Two mistakes from the US educational publisher would be understandable. Their confidence three months ago? Less soForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016... Continue reading at The Guardian

[ The Guardian | 2017-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #students enrolling #educational publisher #months ago #john fallon #educational publishers


Pearson to sell its stake in Penguin Random House

Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade... Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #financial terms


Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #pearson chief #stock market #profits warnings #redundancy fears


Antonia Byatt departs Cheltenham Festivals during job consultations

Cheltenham Festivals is restructuring its business to make cost savings, resulting in job consultations and the departure of literature festival director Antonia Byatt after less than a year in the role. Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #job consultations #cheltenham festivals


Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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FTSE makes gains despite Pearson slump

The FTSE 100 remains in positive territory despite a 30% plunge in Pearson shares after the education publisher issues a profit warning. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warning


Pearson to Sell Stake in Penguin Random House

Faced with worse-than-expected results in its North American higher education publishing business, Pearson said this morning that it is putting its 47% stake in Penguin Random House up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-18 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson chief #students enrolling #profits warnings #john fallon #educational publishers


Books world alarmed by Pearson's sale of stake in Penguin Random House

Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express uneaseAuthors and staff have reacted cautiously to news that Pearson is to sell its stake in Penguin Random House (PRH), the world’s biggest publisher and... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #jamie oliver


Nielsen Book Releases New UK and US Metadata Reports

Charting the importance of proper and timely metadata, Nielsen Book's twin studies from the US and UK markets may be motivational updates for publishers. The post Nielsen Book Releases New UK and US Metadata Reports appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen book


My Job in 5: Rukhsana Yasmin

Rukhsana Yasmin talks about her role as project officer at Commonwealth Writers. Continue reading at The Bookseller

[ The Bookseller | 2017-01-14 00:00:00 UTC ]
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UK media chiefs called in by minister for talks on fake news

Matt Hancock’s move follows week in which Donald Trump attacked CNN as ‘fake news’ for reporting on dossier on his Russia linksMinisters have summoned media bosses for talks on “accuracy” in journalism amid growing concern over the rise of fake news. Matt Hancock, the minister of state for... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fake news #matt hancock #news organisations


Alice Geary to chair SYP's first independent UK committee

Alice Geary, senior account executive at Midas Public Relations, has been appointed the Society of Young Publishers' (SYP) UK chair for 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #young publishers


The UK’s Inaugural Jhalak Prize Book of the Year Longlist: Now 11 Titles

Having started with 12 titles, the Jhalak Prize Book of the Year longlist stands now at 11 books, its intent to honor writers of color. The post The UK’s Inaugural Jhalak Prize Book of the Year Longlist: Now 11 Titles appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-13 00:00:00 UTC ]
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Mulholland to bring 'overlooked' US crime writer Kent Anderson to UK

Mulholland has acquired Green Sun, a new novel from American crime writer Kent Anderson and the first in almost 20 years. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Brexit book to be sent to all UK politicians

A book warning about the dangers of Brexit is to be sent to every elected national politician in the UK following the success of an impromptu fundraising campaign set up by a reader. Continue reading at The Bookseller

[ The Bookseller | 2017-01-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #brexit book #book warning


JK Rowling and Joe Wicks powered 2016 surge in UK book sales

Helped by Harry Potter and the hit fitness guru, year on year takings to December rose sharply to £1.59bnRetail sales struggled in 2016, but JK Rowling cast a spell strong enough to power sales towards a magical £1.6bn during the year, a rise of almost 5% on 2015, according to the latest annual... Continue reading at The Guardian

[ The Guardian | 2017-01-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harry potter #uk rose #joe wicks #clean-eating thing


Tanner Pearson's overtime goal lifts Kings past Wild

This time the Kings hit the reset button and it worked.  They hit it following an uninspiring loss to the Red Wings on Thursday. They hit it after allowing two first-period goals to the Wild on Saturday. And they hit it once more when the Wild knotted the score at 3 with 42.1 seconds left in... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tanner pearson #red wings