Pearson Sales Rise But Sees Lower Half-Year Profit

LONDON (Dow Jones)--Pearson PLC (PSON.LN), the publisher of the Financial Times newspaper and Penguin books, Friday produced a healthy rise in first-quarter revenue, but warned profit will be down in the first half of 2012 due to seasonal effects an ... Continue reading at 'Editor & Publisher'

[ Editor & Publisher | 2012-04-27 00:00:00 UTC ]
News tagged with: #penguin books #first-quarter revenue

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A year in review: E-book sales fall for all but one of the UK’s biggest publishers

It was another year of digital contraction for the UK’s biggest publishers, who experienced a second consecutive year of declining ebook volumes in 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-01-20 00:00:00 UTC ]
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Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting 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 were... Continue reading at The Guardian

[ The Guardian | 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 shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Publishers see short-form video views on Facebook cut in half

Publisher’s short-form Facebook videos have been on the wane after the algorithm has prioritized Facebook Live and the news feed has become flooded with content. Six months ago a well-performing video from The Sun would fetch 250,000 views, now it’s good to get over 100,000. In 2016, The... Continue reading at Digiday

[ Digiday | 2017-01-13 00:00:00 UTC ]
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Stanfords returns profit for second time in 14 years

Stanfords has made a profit for the second time in 14 years after investing in its festival and awards and licensing its 163-year-old brand. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Waterstones, Blackwell's and indies report Christmas sales rise

Waterstones, Blackwell’s, Stanfords and independent booksellers have all reported strong Christmas book sales, with titles such as Five on Brexit Island and the GCHQ Puzzle Book proving hits with customers. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Book trade sees strong Christmas sales

The book market has seen strong Christmas trading, with the week leading up to the big day ranking the highest in value since 2007, figures from Nielsen BookScan have shown. Continue reading at The Bookseller

[ The Bookseller | 2017-01-04 00:00:00 UTC ]
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Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace

Led by Bruce Springsteen's bestselling 'Born to Run,' S&S CEO Carolyn Reidy reports a profitable year at S&S and a "period of relative stability in the publishing marketplace.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
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Ad Age's Magazines of the Year 2016: See All the Winners

It's a challenging time for magazine publishers, right? Of course, because it's a challenging time for anyone in the business of creating content and attracting audiences -- even (or especially) pure-play digital companies.The truth is, there are countless Silicon Valley startups, propped up by... Continue reading at Advertising Age

[ Advertising Age | 2016-12-19 00:00:00 UTC ]
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Indie Booksellers See Early Holiday Sales Boost

A post-election sales bounce made for a solid Thanksgiving week at many independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-02 00:00:00 UTC ]
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In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016

In a consistent German book market, the Boersenverein reports rising ebook sales by volume, but lower prices are driving down revenue from digital products. The post In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-11-23 00:00:00 UTC ]
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Sales See Modest Post-Election Dip

In the first full week of sales after the election, unit sales slipped 1% over the comparable week in 2015. New books by Megyn Kelly and Bernie Sanders had solid starts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-23 00:00:00 UTC ]
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Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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Adult Books Sales Fell in First Half of 2016

Sales of adult trade books dropped 2.8% in the first half of 2016 compared to the same period in 2015, according to figures released by the Association of American Publishers. Sales in the children’s/young adult segment, meanwhile, rose 0.9% in the same period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-16 00:00:00 UTC ]
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Harry Potter helps Hachette UK to 30% third quarter sales rise

The release of the Harry Potter and the Cursed Child playscript, published by Little, Brown, has helped Hachette UK to grow its sales by 30.1% in the third quarter, according to results issued by its parent company Lagardere. Continue reading at The Bookseller

[ The Bookseller | 2016-11-11 00:00:00 UTC ]
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Indigo Sales Rise 5.4%

With revenue up 5.4% in the quarter ended Oct. 1, 2016 over the same period a year ago, Indigo CEO Heather Reisman said she is feeling confident about prospects for the holiday season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-10 00:00:00 UTC ]
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Springsteen helps S&S to 11% rise in third quarter sales

Books by Bruce Springsteen and Amy Schumer have helped Simon & Schuster to an 11% year-on-year increase in its third quarter revenue to $226m (£181m). Continue reading at The Bookseller

[ The Bookseller | 2016-11-05 00:00:00 UTC ]
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Digital sales down 19%, but print strong for trade publishers in first half

Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-11-04 00:00:00 UTC ]
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