Pearson returns to profit, PRH revenue up 'slightly'

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 ]

Other Publishing stories related to: 'Pearson returns to profit, PRH revenue up 'slightly''


BuzzFeed is laying off 100 workers, 8% of its U.S. employees, after missing revenue target

Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business model #boost revenue #unspecified number


Pearson to sell Wall Street English for $300m

Pearson has agreed to sell its English language business Wall Street English (WSE) to a group of funds affiliated with Baring Private Equity Asia and CITIC Capital for $300 (£225m). Continue reading at The Bookseller

[ The Bookseller | 2017-11-28 00:00:00 UTC ]
More news stories like this |


Templar children's book profits to be donated to food banks

Bonnier Publishing imprint Templar Books and author Duncan Beedie have entered into a partnership with food bank organisation The Trussell Trust to publish Beedie’s third picture book. Continue reading at The Bookseller

[ The Bookseller | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book profits #food banks #picture book


Amazon and PRH among businesses backing literacy pledge

Publishers and retailers including Amazon, W H Smith, Walker Books and Penguin Random House have signed a pledge to "tackle the nation’s growing literacy and social mobility crisis". Continue reading at The Bookseller

[ The Bookseller | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #walker books


Investment bankers' guide for start-ups to PRH

Random House Books is publishing a guide for start-ups by former Goldman Sachs investment bankers Courtney and Carter Reum. Continue reading at The Bookseller

[ The Bookseller | 2017-11-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #investment bankers


PRH to offer staff rental deposit loans

Penguin Random House UK has launched a new, "inclusive" scheme, called Home Sweet Loan, to support its employees with the cost of a deposit of a rental property.   Continue reading at The Bookseller

[ The Bookseller | 2017-11-14 00:00:00 UTC ]
More news stories like this |


Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts

European publishers are less likely than U.S. publishers to make most of their digital video revenues from their owned and operated sites. The post Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday research #owned sites #european publishers #video revenue


HarperCollins global revenues rise $12m in first quarter

Worldwide revenues at HarperCollins have grown by $12m (£9.13m) to $401m (£305.24m) for the first quarter of 2017, with digital sales increasing 6% due to growth in audiobook sales. Continue reading at The Bookseller

[ The Bookseller | 2017-11-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook sales


PRH Children's to explore 'bold women' from black history

Penguin Random House Children’s has acquired Little Leaders: Bold Women in Black History by debut author and illustrator Vashti Harrison as part of a two book deal. Continue reading at The Bookseller

[ The Bookseller | 2017-11-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh children #bold women #black history #book deal


Bertelsmann group profit nearly €700m at nine-month mark

Bertelsmann, the majority owner of Penguin Random House, has reported a 6.4% year-on-year rise in its group profit to almost €700m for the first nine months of 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nine-month mark #majority owner #group profit


Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lower profits #quarto group #significantly lower


Quarto Says Profits Will Miss 2017 Target

The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-tax profits #improved sales #significantly lower


iBooks Bestsellers: 'The Handmaid's Tale' Returns

Margaret Atwood is back on top of the Apple charts, knocking John Grisham's latest, 'The Rooster Bar,' off the throne after a single week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #margaret atwood #rooster bar #single week


In the hunt for consumer revenue, publishers are hiring e-commerce marketing veterans

The New York Times, Conde Nast and Time Inc. have hired talent from e-commerce and retail companies for their consumer marketing skills. The post In the hunt for consumer revenue, publishers are hiring e-commerce marketing veterans appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #consumer revenue #conde nast


Hole-y Dough: The Return of the Poke Cake

The poke cake, which was popular in the 1970s and featured Jell-O filling, is making a comeback. At least it will be if food consultants Roxanne Wyss and Kathy Moore have their way; their new book, 'Delicious Poke Cakes,' aims to bring the throwback dessert into the 21st century. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #21st century


Boudreaux Leaving Little, Brown to Return to Doubleday

Lee Boudreaux, who has an eponymous imprint at Little, Brown, has been named v-p and executive editor at Doubleday. In her new role, she will report to Doubleday publisher and editor-in-chief Bill Thomas. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lee boudreaux #eponymous imprint #named v-


Bloomsbury's first half revenues soar 15%

The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading at The Bookseller

[ The Bookseller | 2017-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomsbury group #financial year #boosted sales


Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slip #profits jump #net income


Google aims to share revenue with news publishers

Google isn't kidding around when it says it wants to make amends with subscription-based news outlets. The search giant's head of news, Richard Gingras, told the Financial Times that the plan is to share revenues with publishers who take advantage o... Continue reading at Engadget

[ Engadget | 2017-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news publishers #google aims #share revenue #search giant #richard gingras


MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk sales