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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Pearson chief brands Trump order 'deeply worrying'

Pearson chief executive John Fallon has branded Donald Trump's travel ban policy "deeply worrying" in a rare political comment from the usually non-partisan education company. Continue reading at The Bookseller

[ The Bookseller | 2017-02-01 00:00:00 UTC ]
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Christopher Kimball Returns to Cookbook Publishing

After a very public falling out with America's Test Kitchen, Kimball is back with a new multimedia brand that will begin publishing cookbooks this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-27 00:00:00 UTC ]
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Haynes back on track with digital driving 15% revenue increase

Car manual publisher Haynes’ revenue increased 15% in six months, driven by a 50% growth in its digital products. Continue reading at The Bookseller

[ The Bookseller | 2017-01-27 00:00:00 UTC ]
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iBooks Bestsellers: Patterson Returns

James Patterson's latest novel, 'Never Never,' which is co-written with Candice Fox, rose to the top of the iBooks bestsellers list last week, followed by another strong showing from Billy Taylor's self-published' Just Friends.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-26 00:00:00 UTC ]
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YouTuber Connie Glynn lands book deal with PRH

Connie Glynn, the YouTuber behind the ‘Noodlerella’ channel, has signed a three-book deal with Penguin Random House (PRH Children’s). Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
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Publishers made only 14 percent of revenue from distributed content

Publishers are only making 14 percent of their revenue from distributing their content on third party platforms, according to a new report from Digital Content Next, the premium publishers’ trade group. The majority of publishers’ distributed revenue came from YouTube, as newer platforms and... Continue reading at Digiday

[ Digiday | 2017-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #monetization opportunities #trade group #digital content #distributed content #premium publishers #publishers made


Singapore's competition commission probes PRH deal

The Competition Commission of Singapore (CCS) is conducting a public consultation in response to Times Publishing's proposed acquisition of Penguin Singapore and Penguin Malaysia. Continue reading at The Bookseller

[ The Bookseller | 2017-01-24 00:00:00 UTC ]
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Pearson's puzzle

Philip Jones looks at the "stark" difference between the educational and consumer sectors. Continue reading at The Bookseller

[ The Bookseller | 2017-01-21 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 | All news stories tagged with: #pearson plans #digital push


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 ]
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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 ]
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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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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 ]
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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 | All news stories tagged with: #financial terms #47% stake


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 ]
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'Enterprise revenues' offer newspapers a lifeline for the future

In a new book about the decline of journalism, stockbroking analyst Lorna Tilbian examines the potential of an alternative source of income for publishers Stockbroking media analysts are dispassionate observers of the industry. One of the most respected of their number is Lorna Tilbian, now head... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
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Waddington made PRH group sales director as Symons resigns

Rob Waddington has been appointed group sales director for Penguin Random House UK following the resignation of Mike Symons from the role. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
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All cheese, all the time: Business Insider’s ‘slightly niche’ approach to Facebook

Insider, Business Insider’s lifestyle site, has spun off a dozen Facebook pages, including home, art, dessert, beauty -- and even cheese. "People will follow this page because they love cheese," Insider editor in chief Nicholas Carlson said. "And they know exactly what they’re going to get from... Continue reading at Digiday

[ Digiday | 2017-01-11 00:00:00 UTC ]
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Facebook Is Testing Out Mid-Roll Ads to Further Boost Its Video Revenues

Look out, YouTube. Facebook is trialing mid-roll ads for videos that are viewed for at least 20 seconds, according to a report today by Recode, which cited unnamed industry sources. The digital giant declined to comment on the report.  Simply put, Facebook wants to generate cash from the clips... Continue reading at AdWeek

[ AdWeek | 2017-01-10 00:00:00 UTC ]
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PRH to sell Penguin Singapore and Malaysia for £4.5m

PRH has signed a conditional agreement to sell Penguin Singapore and Penguin Malaysia to Times Publishing, an Asia-Pacific media group owned by parent company Fraser and Neave. Continue reading at The Bookseller

[ The Bookseller | 2017-01-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #conditional agreement