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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Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | News stories tagged with: #boy king #$24 billion #unprofitable company


How Austrian publisher Die Presse made its video business profitable

The Austrian news publisher has grown video revenues to 10% of digital ad revenue. The post How Austrian publisher Die Presse made its video business profitable appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-04-10 00:00:00 UTC ]
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Ad-Free, Print-Only and Profitable, Kazoo Is Pushing Girls to Think Bigger

As is very often the case with great ideas, it was first inspired among the bookshelves. Browsing Barnes & Noble one day in the Spring of 2016, Erin Bried—an industry vet whose lengthy Condé Nast career had come to a layoff-induced end just months earlier—was disappointed by the retailer's... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #underprivileged neighborhoods #cash cow


HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins publishers #record profits #partly due


Burns and Stagg shortlisted for £30,000 Rathbones Folio Prize

Man Booker Prize winner Anna Burns and Guy Stagg are among the eight authors shortlisted for the £30,000 Rathbones Folio Prize with indie publishers dominating this year’s award.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors shortlisted


HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebooks continue #book publisher


Kings' past haunts them in shootout after Canucks' Tanner Pearson scores winning goal

Tanner Pearson scored in the fourth round of the shootout and the Vancouver Canucks kept their faint playoff hopes alive, beating the Los Angeles Kings 3-2 Thursday night. Brock Boeser and Alex Edler scored in regulation for the Canucks, who are seven points behind Colorado for the second... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-29 00:00:00 UTC ]
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‘The Old Drift’ author Namwali Serpell shares how Zambian Afronauts inspired her debut novel

For nearly 20 years, Namwali Serpell has been writing “The Old Drift.” If you don’t find that fact alone to be staggering, consider this: The 576-page book blends English with a multitude of Bantu languages spoken in Zambia. Incorporating elements of historical fiction, sci-fi, magical realism,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #namwali serpell #historical fiction #magical realism


Every report on past presidential scandal was a warning. Why didn’t we listen?

Robert Mueller’s predecessors investigated Watergate, Iran-contra and Bill Clinton. They warned that checks and balances aren’t enough. Continue reading at The Washington Post

[ The Washington Post | 2019-03-22 14:40:51 UTC ]
More news stories like this | News stories tagged with: #robert mueller #bill clinton


Egmont reports 'record' revenue and profit growth

Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit growth


Hammond vows to make tech companies pay ‘fair share’

Philip Hammond vowed to make tech giants pay their “fair share” of tax in yesterday’s Spring Statement.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fair share


Profits Fell at Lagardère Publishing in 2018, But Rose at HBG

Earnings at Lagardère Publishing fell 9.6% in 2018 compared to 2017, but increased at its U.S. subsidiary, Hachette Book Group, where sales were up 3.7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits fell


College basketball: No. 5 Tennessee falls to Auburn; Seton Hall tops No. 23 Villanova

Jared Harper made four straight free throws over the final 31 seconds to help Auburn clinch an 84-80 victory over No. 5 Tennessee on Saturday in the regular-season finale at Auburn, Ala. The Tigers (22-9, 11-7 Southeastern Conference) collected their fourth straight win and biggest of the season... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-10 00:00:00 UTC ]
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'Don’t let the fox in the coop'; Daunt warns against Amazon’s dominance

Waterstones boss James Daunt has warned the Scottish book industry against the growing dominance of Amazon, saying that if the retail giant ever implemented print book subscriptions it would make working in the books business “frankly intolerable”. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daunt warns #retail giant


Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian

[ The Guardian | 2019-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily mirror #daily express #newspaper business #trinity mirror #pretax loss #publishing rights


Elsevier records 2% lifts in revenue and profits

Elsevier saw 2% underlying revenue growth in 2018, according to the latest annual financial results filed by parent company RELX, to a total of £2,538m. Continue reading at The Bookseller

[ The Bookseller | 2019-02-22 00:00:00 UTC ]
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Pearson reveals launch titles for new indie Guppy Books

Bella Pearson talks to Charlotte Eyre about setting up her own children's publisher, Guppy Books, and its launch titles. Continue reading at The Bookseller

[ The Bookseller | 2019-02-18 00:00:00 UTC ]
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S&S 2018 Profits Up, Despite Small Sales Decline

A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #7% decline #6% drop #full year #simon schuster #6% increase #operating profits


Apple Books Bestsellers: 'Becoming' Finally Falls

Michelle Obama's memoir, 'Becoming,' has finally dropped from the top five on the Apple Books store. Delia Owens's 'Where the Crawdads Sing,' meanwhile, stayed #1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #delia owens #crawdads sing #stayed #1