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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Apple iBooks can now be returned after purchase

Apple has amended its returns policy to allow iBooks to be returned within two weeks of purchase. The policy, which also refers to music on iTunes, affects Apple’s store in the UK, Germany, Italy and France, among others, and appears to have been implemented to comply with the European Union... Continue reading at The Bookseller

[ The Bookseller | 2015-01-01 00:00:00 UTC ]
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B&N to buy back Pearson's Nook shares

Barnes & Noble is to buy back the stake Pearson acquired in its Nook Media business for $27.7m in cash and stock, ahead of a split of the business in 2015, the Wall Street Journal has reported. The split follows that of B&N and Microsoft earlier this month. Continue reading at The Bookseller

[ The Bookseller | 2014-12-25 00:00:00 UTC ]
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Profit warning from Haynes

Haynes Publishing Group has issued a profit warning, citing "soft" trade and tighter inventory controls from retailers. The car manuals publisher said its half year results, which will be posted at the end of January, will be "seriously impacted" by "key consumer retailers implementing working... Continue reading at The Bookseller

[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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B&N Buys Out Pearson's Nook Stake

Barnes & Noble has reached an agreement with Pearson to buy out the publisher’s stake in Nook Media for $13.7 million in cash plus 602,927 shares of B&N common stock. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-23 00:00:00 UTC ]
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PRH Expands Donation Campaign

Penguin Random House pledging to donate up to 10,000 more books for posts and tweets using the #GiveaBook hashtag through December 24. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-22 00:00:00 UTC ]
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Sales down, but profits double at HC UK

HarperCollins UK saw huge growth in profits for the year ended June 30th 2014, despite a fall in turnover for the company. The company's annual results have also revealed that former c.e.o. Victoria Barnsley received £1.39m when she left the company. Turnover at the publisher fell on the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-20 00:00:00 UTC ]
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Scholastic second quarter revenues up 7%

Scholastic Corporation said it increased revenues 7% to $665.6m (£426m) during the fiscal 2015 second quarter, which ended on the 30th November. The increase was largely down to strong sales in children’s books but there were gains in most divisions, including trade, clubs, fairs and classroom... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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PRH: 'year of implementation' ahead

2015 will be a “year of implementation” for Penguin Random House, with the work ahead allowing PRH to “fully realise the potential of our new company”, c.e.o. Markus Dohle has told employees. In a letter to PRH staff worldwide, Dohle said that it was “incredible what our company has been able... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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PRH reveals new international sales structures

Penguin Random House in the UK and in the US are today (17th December) announcing new international sales-leadership structures for continental Europe. PRH US’s Cyrus Kheradi, s.v.p., director, international sales and marketing, has named Anke Reichelt as regional sales director for... Continue reading at The Bookseller

[ The Bookseller | 2014-12-18 00:00:00 UTC ]
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PRH UK rethinks its sales teams

Penguin Random House UK has announced a series of appointments in a restructure across its sales teams, with new roles for Martin Higgins, Helen Randles and Sarah Roscoe among them. Also among the changes is a new sales director for Benelux, Germany, France and Austria, following the decision of... Continue reading at The Bookseller

[ The Bookseller | 2014-12-18 00:00:00 UTC ]
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5% uplift for US publisher revenues

US publishers have reported a sales revenues rise of nearly 5% across 2014, mainly fuelled by the success of children's and young adult. Figures released by the Association of American Publishers (AAP), covering the first nine months of the year, show that across publishing as a whole,... Continue reading at The Bookseller

[ The Bookseller | 2014-12-17 00:00:00 UTC ]
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News Corp UK suffers £3.5m loss after £51m profit the year before

Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at The Guardian

[ The Guardian | 2014-12-17 00:00:00 UTC ]
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Spanish publishers demand the return of Google News

Google removed its news aggregation service from Spain a few days ago, but the Spanish Newspaper Publishers’ Association (AEDE) is already asking the government to bring it back. AEDE claims the removal of Google News will be bad business for the publishing industry overall and will have more of... Continue reading at Betanews

[ Betanews | 2014-12-16 00:00:00 UTC ]
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Wiley half-year revenue up 5%

John Wiley & Sons has reported a 6% rise year-on-year in second quarter revenue to $477m, due to growth in its Research and Education divisions, up 5% and 3% respectively, as well as to contributions from its recent acquisitions CrossKnowledge and Profiles International. Continue reading at The Bookseller

[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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Major lay-offs at PRH US's Kirkwood warehouse

Two-hundred and eighty-six workers are to go from Penguin Random House US' Kirkwood warehouse and distribution facility, starting at the end of January. The publisher has confirmed filing a notice with the New York Department of Labor to this effect. The reason for the closure given in the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-09 00:00:00 UTC ]
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PRH Firms Up Publishing Operations Team

Penguin Random House announced the senior management appointments of its now-unified publishing operations group, which will be headed by Sue Malone-Barber as senior v-p, director, publishing operations, PRH. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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Profit jump for Usborne

Children’s publisher Usborne made a pre-tax profit of £8.9m for the year ended 31st January 2014, up 26% from £7m from the year before. Company founder Peter Usborne said the strong results were down to the “comparatively unusual coincidence” of many of Usborne’s markets working well “for a... Continue reading at The Bookseller

[ The Bookseller | 2014-11-21 00:00:00 UTC ]
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Cider Monday returns to bookstores this December

Last year, various independent bookstores celebrated Cider Monday as a fun twist on the online retailing bonanza Cyber Monday. This year, some bookstores say they'll be bringing it back. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-11-20 00:00:00 UTC ]
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Four Pearson titles on Management Book of Year Prize shortlist

Social purpose is one of the key themes behind the shortlist for the Management Book of the Year Prize. Presented for the past five years by the Chartered Management Institute and the British Library, and supported by the Henley Business School, the £5,000 prize is given to the best book on... Continue reading at The Bookseller

[ The Bookseller | 2014-11-20 00:00:00 UTC ]
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