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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Two West Coast booksellers have found success with custom care packages during Covid-19 closures, shipping books, gifts, and cards to customers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, Bloomberg reports, citing "people with knowledge of the plans." The news comes less than a year after the... Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-25 18:34:08 UTC ]
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Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived. Continue reading at The Bookseller
[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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After two decades as a division of Atlantic Media, GovExec is going independent. Atlantic Media owner David Bradley has sold a controlling stake in Government Executive Media Group (GEMG), a portfolio of media brands serving the public sector, to Growth Catalyst Partners, a Chicago-based... Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-17 14:43:03 UTC ]
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As professional membership organizations of all kinds face challenges, PW caught up with the TLA's new executive director to talk about what's next for nation's largest state library association. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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Quadrille has paid tribute to Michel Roux, the French restaurateur, chef and author, who this week died aged 78. Continue reading at The Bookseller
[ The Bookseller | 2020-03-12 12:58:41 UTC ]
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AT&T’s Brian Lesser, who heads up the company’s key advertising unit, Xandr, is leaving the company, according to a new report from Reuters. Lesser felt comfortable stepping down because Xandr is in a good position and its first quarter results are expected to show significant growth, the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-03-11 18:26:08 UTC ]
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Rally enables regular investors to buy and sell shares in high-end collectibles. Crafted from individually selected Nile crocodile scales in cream and gray, Hermès’s Himalaya Birkin is one of the world’s rarest handbags, fetching more than $100,000 at auction. Rally cofounder and CEO Chris... Continue reading at Fast Company
[ Fast Company | 2020-03-10 05:00:57 UTC ]
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With two acclaimed novels under her belt, Evie Wyld’s dazzling new work looks set to win further praise. Continue reading at The Bookseller
[ The Bookseller | 2020-03-09 17:03:29 UTC ]
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This January, former Snap Inc. exec Kristen O'Hara joined Hearst Magazines as senior vice president and chief business officer. We caught up with O'Hara to learn about her top priorities in the newly created role. Continue reading at Publishing Executive
[ Publishing Executive | 2020-03-03 20:09:05 UTC ]
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An awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot
[ Book Riot | 2020-03-01 11:30:56 UTC ]
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Lucy Ellmann’s Ducks, Newburyport has attracted much attention for its length, but one publisher believes the spoken word might be its perfect mediumFinishing a good book should leave you feeling bereft for a little while, but it’s rare to leave a novel with your brain vibrating at a different... Continue reading at The Guardian
[ The Guardian | 2020-02-28 14:00:18 UTC ]
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Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller
[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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Amy Einhorn, president and publisher of Henry Holt, has named Sarah Crichton v-p and editor-in-chief of the Macmillan division. She will start April 6. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-19 05:00:00 UTC ]
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Haynes Publishing is paying tribute to its late founder John H Haynes with a new biography in April. Continue reading at The Bookseller
[ The Bookseller | 2020-02-18 10:43:07 UTC ]
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The latest gender pay gap report released by Oxford University Press shows a small lessening of its median pay gap, down just under 1% to 12.5% in the year to March 2019. Continue reading at The Bookseller
[ The Bookseller | 2020-02-14 02:08:39 UTC ]
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The judge in the Captions lawsuit has rejected a request to keep details of the settlement between Audible and the seven publishers sealed. Continue reading at The Bookseller
[ The Bookseller | 2020-02-13 19:34:55 UTC ]
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From bestsellers to textbooks, stolen content is easily found on a 14-year-old hosting service operated by Microsoft’s social network. Mid-level writers are hurt the most. If you want to purchase a copy of The Institute, Stephen King’s latest novel about supernatural kids, you could find it at... Continue reading at Fast Company
[ Fast Company | 2020-01-15 13:00:52 UTC ]
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As of this morning, new RWA president Damon Suede has tendered his resignation, effective immediately. Executive director Carol Ritter has also offered her resignation. A number of publishers, including imprints from each of the Big Five, have all pulled support from the RWA's national... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
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