Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at 'The Bookseller'
[ The Bookseller | 2018-02-24 00:00:00 UTC ]
Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller
[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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Following a survey of its workforce gauging employee experience with working remotely and reaction to the prospect of returning to its Manhattan offices, Penguin Random House US has confirmed that it will not return to its offices "until sometime next year." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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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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Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived. Continue reading at The Bookseller
[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Penguin Random House UK's mentoring programme WriteNow will return, with workshops planned in England and, for the first time, Scotland, Wales and Northern Ireland. Continue reading at The Bookseller
[ The Bookseller | 2020-03-09 18:32:05 UTC ]
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Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller
[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year. Continue reading at The Bookseller
[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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In a third quarter trading update, Pearson has reported "weaker than expected" performance in its US higher education courseware business, with revenue down around 10%, but it still expects revenues to stabilise for the whole group this year. Continue reading at The Bookseller
[ The Bookseller | 2019-09-26 09:00:05 UTC ]
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WPP reports its second-quarter earnings on Friday,with some better-than-expected surprises. The company sees its revenue return to growth, up 1.6 percent in the first half of the year and 2.3 percent in the second quarter. In North America, revenue rises 0.4 percent in the second quarter but... Continue reading at Advertising Age
[ Advertising Age | 2019-08-09 19:31:00 UTC ]
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Worldwide revenues at Simon & Schuster hit $218m in the second quarter, up $11m compared to the same period last year, a new earnings statement by parent firm CBS shows. Continue reading at The Bookseller
[ The Bookseller | 2019-08-08 16:46:19 UTC ]
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As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
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The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller
[ The Bookseller | 2019-03-16 00:00:00 UTC ]
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Elsevier saw 2% underlying revenue growth in 2018, according to the latest annual financial results filed by parent company RELX, to a total of £2,538m. Continue reading at The Bookseller
[ The Bookseller | 2019-02-22 00:00:00 UTC ]
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Simon & Schuster's revenue and operating income rose in the second quarter, helped by lower production costs. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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The History Press has returned to profitability following a management buyout of the publisher. Continue reading at The Bookseller
[ The Bookseller | 2018-06-21 00:00:00 UTC ]
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European publishers are building audiences on Snapchat, but they think it offers the worst revenue return among major video players. The post Digiday Research: 3 percent of European publishers believe Snapchat offers the best revenue returns appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-11-10 00:00:00 UTC ]
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Pottermore, the digital content business set up to support J K Rowling’s Harry Potter output, has doubled sales and returned to profit, after what was described as an “exceptional year”. Continue reading at The Bookseller
[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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