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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Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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'Strong' third quarter for Hachette despite Potter fall-off

Hachette UK's revenues in the third quarter of 2017 were "strong" and "ahead of budget", with digital sales "considerably up", c.e.o. Tim Hely Hutchinson has said. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Bertelsmann group profit nearly €700m at nine-month mark

Bertelsmann, the majority owner of Penguin Random House, has reported a 6.4% year-on-year rise in its group profit to almost €700m for the first nine months of 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Quarto Says Profits Will Miss 2017 Target

The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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Fall Regionals 2017: All Our Children's Coverage

This year’s regional bookseller shows, which took place from mid-September through the end of October, were marked by passionate discussions on diversity, robust children's programming, and appearances by prominent authors and illustrators. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-07 00:00:00 UTC ]
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Translation-Exchange Partnerships: Leading Publishers Share Their Experiences

In a Publishing Perspectives Talk at Frankfurt Book Fair, the chiefs of Gallimard Jeunesse, Bloomsbury Publishing, and the Quarto Group join Kalimat’s Bodour to discuss their translation-exchange partnerships.   By Porter Anderson, Editor-in-Chief | @Porter_Anderson Kalimat: ‘Proud of These... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-28 00:00:00 UTC ]
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'Exceptional' Pottermore returns to profit

Pottermore, the digital content business set up to support J K Rowling’s Harry Potter output, has doubled sales and returned to profit, after what was described as an “exceptional year”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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Book Deals: Week of October 30, 2017

Estelle Laure sells a new YA novel, HarperWave publisher Karen Rinaldi turns author, FSG buys Hafsah Faizal’s debut YA, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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This Week's Bestsellers: October 30, 2017

Gabrielle Union and Gretchen Carlson address sexual harassment and violence in their new books. Plus Kenneth Branagh’s ‘Murder on the Orient Express’ remake propels Agatha Christie’s 1934 mystery onto our trade paperback list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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PW Picks: Books of the Week, October 30, 2017

This week: Isabel Allende's new novel, plus what we think about when we think about soccer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-27 00:00:00 UTC ]
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Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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Booksellers in 'Recovery Mode' at NCIBA Fall Discovery Show

The deadly wildfires that have displaced thousands loomed over the Northern California Independent Booksellers Association’s 2017 Fall Discovery Show, with one bookseller calling the event “very emotional." Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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Google aims to share revenue with news publishers

Google isn't kidding around when it says it wants to make amends with subscription-based news outlets. The search giant's head of news, Richard Gingras, told the Financial Times that the plan is to share revenues with publishers who take advantage o... Continue reading at Engadget

[ Engadget | 2017-10-23 00:00:00 UTC ]
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Creative industries facing 'catastrophic' loss of talent after Brexit, report warns

Britain’s creative industries are facing a "potentially catastrophic" loss of talent and skills following Brexit, the Creative Industries Federation has warned, arguing that the end of freedom of movement poses a "huge risk" to the sector. Continue reading at The Bookseller

[ The Bookseller | 2017-10-20 00:00:00 UTC ]
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Heartland Fall Forum 2017: Children's Booksellers Celebrate the Ties That Bind

This year's joint trade show of the Midwest Independent Booksellers Association and the Great Lakes Independent Booksellers Association emphasized the essential links between publishers, booksellers, and authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-19 00:00:00 UTC ]
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MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
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Pearson's progress boosts FTSE 100

The education publisher continues to rise as investors take heart from its latest trading statement. Continue reading at BBC News

[ BBC News | 2017-10-18 00:00:00 UTC ]
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Vineyard owners share stories of loss and salvation amid wine country wildfires

“I just really wish we knew our fate,” wrote Carole Meredith in a recent Facebook post as she waited out her evacuation from her winery and home on Mt. Veeder. Meredith, of Lagier Meredith vineyard in the Napa Valley, is one of the many affected by the multiple wildfires burning in Northern... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-17 00:00:00 UTC ]
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PRH Nine-Month Sales 'Down Slightly,' Pearson Says

Pearson attributed the small sales decline to what are now familiar trends--stable sales of print and audio offset by modest declines in ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-17 00:00:00 UTC ]
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Harry Potter exhibition sells record 30,000 advance tickets

The British Library has revealed that its Harry Potter exhibition has sold more than 30,000 tickets - the highest number of advance tickets it has ever sold for an exhibition. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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