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 ]

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‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues

Facebook has enhanced its SDK so publishers can design once and post articles across IA, Google AMP and Apple News, but this doesn't address publishers' main concerns of driving revenue. The post ‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues... Continue reading at Digiday

[ Digiday | 2017-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post articles #google amp #apple news #main concerns #driving revenue


Children's drives revenue growth for Bloomsbury

Bloomsbury grew revenues by 15% to £142.6m in the 12 months to the end of Feburary 2017, in what chief executive Nigel Newton has branded  "a very strong year" for the company. Continue reading at The Bookseller

[ The Bookseller | 2017-05-19 00:00:00 UTC ]
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Shergar-inspired novel from Clare Balding to PRH Children's

Penguin Random House Children’s will publish a sequel to Clare Balding’s debut novel, The Racehorse Who Wouldn’t Gallop, inspired by the kidnap of Derby winner Shergar. Continue reading at The Bookseller

[ The Bookseller | 2017-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #clare balding #prh children


PRH Children's Ronnie Fairweather to retire after 30 years

Ronnie Fairweather, creative director at Penguin Random House Children’s, is retiring after nearly 30 years with the publisher. Continue reading at The Bookseller

[ The Bookseller | 2017-05-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh children #creative director


PRH kicks off #MiniFest with £7k raised in charity walk

Employees of Penguin Random House UK have raised over £7,000 for creative writing and mentoring charity Ministry of Stories by completing a seven-mile walking route through London, including through the Royal Parks. Continue reading at The Bookseller

[ The Bookseller | 2017-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative writing


Publishers are using Facebook video to drive commerce revenue

Facebook’s embrace of video hasn’t done much good for publishers' balance sheets, so some have looked to make it a commerce driver. The post Publishers are using Facebook video to drive commerce revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post publishers #facebook video #balance sheets


Tough Higher Ed market hits Cengage revenues

Cengage’s adjusted revenues stood at $1.5bn for the fiscal year 2017, down 10% from the prior year, the company has told investors, ahead of posting its annual report later this month. Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prior year #annual report


Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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HarperCollins revenue up $16m in first quarter

HarperCollins’ global revenue was up $16m (£12.4m) year-on-year in the last quarter (4%), rising from $358m (£276.7m) to $374m (£288m). Continue reading at The Bookseller

[ The Bookseller | 2017-05-11 00:00:00 UTC ]
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PRH bewitched by social media magician's middle-grade novel

Penguin Random House Children’s Publishers will publish social media magician Zach King’s first middle-grade book with an accompanying augmented reality app. Continue reading at The Bookseller

[ The Bookseller | 2017-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #middle-grade book


Pearson Plans More Cuts, May Sell School Group

Pearson said it has plans to further reduce costs by $300 million, and it is also reviewing its strategic options for the K-12 courseware business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plans #reduce costs #$300 million #strategic options


'Evening Standard' makes claims for new PRH office location

The London Evening Standard has claimed that Penguin Random House UK is “eyeing plush new offices in Nine Elms” in the Southbank regeneration area in London SW8. Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Pearson shareholders overwhelmingly reject Fallon's £1.5m pay

Pearson shareholders have rejected chief executive John Fallon's £1.5m pay package at the company's a.g.m. today.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Pearson shareholders reject chief executive's £1.5m pay package

Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its historyMore than six out of 10 Pearson shareholders have voted against the £1.5m pay package awarded to the embattled chief executive, John Fallon, after the educational publisher... Continue reading at The Guardian

[ The Guardian | 2017-05-05 00:00:00 UTC ]
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Pearson: two-thirds of shareholders reject pay package

Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
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New roles for Fidler, Higgins and Roscoe in PRH sales, but Christie departs

Ed Christie, UK sales director at Random House, is leaving the company after 28 years, following a shake-up of PRH's UK sales leadership team. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
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FTSE 100 boosted by Pearson and IAG

Shares in the education publisher jump after it announces plans for more cost cuts. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
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Neil Morrison to depart PRH

Neil Morrison is leaving Penguin Random House UK to become director of human resources for Severn Trent PLC, a FTSE Top 100 company with 12,000 employees.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-04 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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'Screen fatigue' sees UK ebook sales plunge 17% as readers return to print

Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed... Continue reading at The Guardian

[ The Guardian | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #screen fatigue #readers return #lowest level #alarming rate #consumer titles #jeff bezos #physical books