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 reported the largest annual loss in its history. Fallon received a 20% pay rise last year, including a bonus of £343,000, despite the company recording a record loss of £2.6bn. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-05-05 00:00:00 UTC ]
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Online Sales Fell 1% in Q4 at Amazon

Amazon’s online sales fell 1% in the fourth quarter ended December 31, 2021, compared to record highs in the fourth quarter of 2020. Operating income for the entire company dropped 50% in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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HarperCollins releases its first ethnicity pay gap report

HarperCollins has released its first ethnicity pay gap report alongside its annual one for gender pay, announcing it will now use diverse, balanced shortlists for senior roles. Continue reading at The Bookseller

[ The Bookseller | 2022-01-25 13:17:00 UTC ]
More news stories like this | News stories tagged with: #gender pay #senior roles #harpercollins


Rider pays tribute to 'Father of Mindfulness' Thich Nhat Hanh

Rider has paid tribute to spiritual leader, bestselling author and pioneer of the mindfulness movement Thich Nhat Hanh, who has died aged 95.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-24 11:23:19 UTC ]
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W H Smith shareholders approve Cowling's £550k bonus

W H Smith shareholders have approved plans to pay chief executive Carl Cowling a £550,000 bonus, despite threats of a revolt earlier this week. Continue reading at The Bookseller

[ The Bookseller | 2022-01-19 10:46:51 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
More news stories like this | News stories tagged with: #company revealed #trading update #pearson


PRH Peru Chief and Author in Defamation Case: Publishing Industry Support

IPA, CPJ, and several embassies condemn the defamation verdict against PRH Peru's Jerónimo Pimentel and author Christopher Acosta. The post PRH Peru Chief and Author in Defamation Case: Publishing Industry Support appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-12 15:59:10 UTC ]
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Tim Pearson joins youth publisher LadBible

Pearson reunites with Colin Gottlieb to lead its branded content and client solutions teams. Continue reading at Media Week

[ Media Week | 2022-01-10 17:21:08 UTC ]
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AAPI Communities in Conversation #1: Sujata Massey and Naomi Hirahara

In the inaugural discussion, which streamed live on January 4, 2022, Adrienne Cruz of the Azusa City (California) Library spoke with Naomi Hirahara, author of 'Clark & Division,' and Sujata Massey, author of 'The Bombay Prince.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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Galley Beggar pays tribute to author Uschi Gatward

Independent publisher Galley Beggar has paid tribute to author Uschi Gatward, who has died following a battle with cancer.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-05 01:03:10 UTC ]
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Online retailer Books2Door donates 1,000 books to Afghan child refugees

Online children’s retailer Books2Door has donated more than 1,000 books to child refugees from Afghanistan who have recently arrived in Leicester.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-16 22:39:43 UTC ]
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Alden sues Lee after news publisher rejects its takeover bid

Alden Global Capital hedge fund, owner of the Chicago Tribune, stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-16 17:02:32 UTC ]
More news stories like this | News stories tagged with: #takeover bid #chicago tribune #news publisher


Alden sues Lee after news publisher rejects its takeover bid

Nearly a week after Lee Enterprises rejected Alden Global Capital’s attempt to buy the newspaper publisher, the hedge fund responded Wednesday with a lawsuit accusing Lee’s board of improperly denying shareholders the chance to have a say on the offer Continue reading at ABC News

[ ABC News | 2021-12-15 23:34:05 UTC ]
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Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs Continue reading at ABC News

[ ABC News | 2021-12-09 21:37:15 UTC ]
More news stories like this | News stories tagged with: #takeover offer


Buffalo News publisher rejects Alden Global Capital's takeover bid.

The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 million. Continue reading at The New York Times

[ The New York Times | 2021-12-09 20:44:02 UTC ]
More news stories like this | News stories tagged with: #takeover bid #hedge fund #newspaper chain #$141 million #news publisher


Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-09 19:38:26 UTC ]
More news stories like this | News stories tagged with: #takeover offer


The Loft Names New Executive Director

After a national search, the Loft literary center in Minneapolis announced that its new executive director is arts and social justice advocate Arleta Little, director of artist fellowships at the McKnight Foundation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-09 05:00:00 UTC ]
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Harris joins HoZ as social media executive

Paige Harris is to join Head of Zeus, taking up the role of social media executive next year. Continue reading at The Bookseller

[ The Bookseller | 2021-12-08 06:17:20 UTC ]
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Johnson Named to Succeed Chinski as FSG Editor-in-Chief

Jenna Johnson has been promoted to v-p and editor-in-chief at Farrar, Straus and Giroux, succeeding Eric Chinski, who has stepped into a new role as senior executive editor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-01 05:00:00 UTC ]
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Paul Dacre appointed editor-in-chief of Daily Mail parent company

Move comes after former Daily Mail editor pulled out of the running to be next Ofcom chairmanPaul Dacre has returned to the Daily Mail publisher as editor-in-chief of the newspaper’s parent company after pulling out of the running to be the next chair of the media regulator, Ofcom.His... Continue reading at The Guardian

[ The Guardian | 2021-11-22 15:31:03 UTC ]
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Just so you know, there’s an 80s movie about Nicolas Cage as a vampiric publishing executive.

I’ve been on a real horror-comedy kick lately, so when I stumbled across Vampire’s Kiss on Amazon Prime (it’s my boyfriend’s account—don’t at me), I was immediately sold by the description: “After a night of passionate lovemaking in which he is bitten on the neck, a troubled literary editor... Continue reading at Literrary Hub

[ Literrary Hub | 2021-11-16 18:45:11 UTC ]
More news stories like this | News stories tagged with: #literary editor