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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PRH selects its WriteNow mentees

Penguin Random House has released details of 12 writers from under-represented communities who have been invited onto its new, year-long WriteNow mentoring programme. Continue reading at The Bookseller

[ The Bookseller | 2017-03-08 00:00:00 UTC ]
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New Sally Green trilogy to PRH Children's

Penguin Random House Children's is to publish a new YA series from Sally Green, whose Half Bad trilogy has sold in 51 territories and shifted over 66,500 copies in the UK via Nielsen BookScan. Continue reading at The Bookseller

[ The Bookseller | 2017-03-07 00:00:00 UTC ]
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At London Book Fair: Need for Revenue Gives New Traction to Rights Workshop

As more publishers look to rights and licensing for revenue, London Book Fair's long-running Introduction to Rights program takes on new value. The post At London Book Fair: Need for Revenue Gives New Traction to Rights Workshop appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-02 00:00:00 UTC ]
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Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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PRH scoops book deal with Obamas

Penguin Random House has scooped the world rights to publish former US president Barack Obama's book along with a title from his wife Michelle, in a deal reported to have topped $65m (£52.5m). Barack and Michelle are writing separate books, but brokered the deal together through literary agent... Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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JS Group reports 6% revenue drop for 2016

Academic retailer JS Group has reported a 6.2% year-on-year revenue drop to £38.1m in its annual results covering the financial year ending 31st May 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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Industry Notes: Revenues Climb at UBM | HMP Acquires EMS World

Creative Loafing comes home, and more from around the publishing business. The post Industry Notes: Revenues Climb at UBM | HMP Acquires EMS World appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-02-28 00:00:00 UTC ]
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Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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Tom Fletcher pens 'highly inventive' picture book for PRH

Tom Fletcher is set to publish another picture book with Penguin Random House Children's. Continue reading at The Bookseller

[ The Bookseller | 2017-02-21 00:00:00 UTC ]
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Bruce Springsteen helps S&S UK profits increase

Simon & Schuster UK saw a marginal boost to profits in 2016, driven by Bruce Springsteen’s Born To Run and its children’s division. Continue reading at The Bookseller

[ The Bookseller | 2017-02-18 00:00:00 UTC ]
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UK a smart bet for Pearson as schools look to digital future

Mark Piesing looks at the opportunities and challenges for Pearson in the UK market. Continue reading at The Bookseller

[ The Bookseller | 2017-02-16 00:00:00 UTC ]
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iBooks Bestsellers: The Return of E.L. James

Initials ruled the iBooks Bestsellers list this past week, with J.P Delaney's 'The Girl Before' and J.D. Robb's 'Echoes In Death' nabbing the top two slots respectively and E.L. James netting five slots total on the list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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American Publishers Return to Cuba

A contingent of 31 American publishers have traveled to Havana as part of the U.S. Publishing Mission to Cuba. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-13 00:00:00 UTC ]
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HarperCollins quarterly global profits up 32%

Higher sales have pushed profits at HarperCollins globally up 32% in the second quarter of fiscal 2017, compared to the same period in fiscal 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-02-11 00:00:00 UTC ]
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PRH Employees Unite for Company Week

In what may have been the industry's biggest-ever team-building program, more than 1,400 Penguin Random House employees took part in PRH’s first Company Week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-10 00:00:00 UTC ]
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Perseus Purchase Boosts Lagardère 2016 Revenue

Total revenue at Lagardère Publishing rose 2.6% in 2016, to 2.26 billion euros. The increase includes a 70 million euro ($74.6 million) contribution from the Perseus Books Group publishing division, which Hachette Book Group acquired in March. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-09 00:00:00 UTC ]
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