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 ]

Other Publishing stories related to: 'Pearson shares fall 30% on profits and dividend warning'


Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Pearson boss sees pay boost despite firm's struggles

The publisher's boss sees his pay package rise 20% in 2016 despite a difficult year for the firm. Continue reading at BBC News

[ BBC News | 2017-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult year


Pearson partners with Leeds University to offer online degrees

Pearson has partnered with the University of Leeds to offer online degree programmes. Continue reading at The Bookseller

[ The Bookseller | 2017-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson partners


Russian Librarians Warn of Crisis in Library Consolidation Plans

Called an an effort to 'optimize the work of all major libraries,' Russia's plan to merge digital collections of several libraries is seeing resistance. The post Russian Librarians Warn of Crisis in Library Consolidation Plans appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major libraries


The fall and rise of physical book sales worldwide – in data

The effect of ebooks on sales of paper books has not been as drastic as expected – it seems that other, more unpredictable factors have a greater influence on how and what we readNielsen, which tracks book sales in several countries, released 2016 figures to coincide with this week’s London Book... Continue reading at The Guardian

[ The Guardian | 2017-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paper books #mixed bag #south africa #book markets #hazel kenyon #individual titles


Dying doctor's memoir up for £30,000 prize

Bill Gates was "super-touched" by a moving tale shortlisted for the Wellcome Book Prize. Continue reading at BBC News

[ BBC News | 2017-03-14 00:00:00 UTC ]
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Ebook sales continue to fall as younger generations drive appetite for print

Nielsen survey finds UK ebook sales declined by 4% in 2016, the second consecutive year digital has shrunkReaders committed to physical books can give a sigh of relief, as new figures reveal that ebook sales are falling while sales of paper books are growing – and the shift is being driven by... Continue reading at The Guardian

[ The Guardian | 2017-03-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual books #younger generations #ebook formats #consumer survey #bricks-and-mortar bookshops #4% rise


Profits Rose at Lagardere, HBG in 2016

Profits rose 5.0% at Lagardere Publishing in 2106 over 2015, helped by strict cost controls at Hachette Book Group USA which integrated the publishing arm of Perseus Books Group during the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lagardere publishing #profits rose #publishing arm


Creative Access to continue as non-profit social enterprise

Creative Access is to operate as a not-for-profit social enterprise from this month as a result of having its funding withdrawn from the government. Continue reading at The Bookseller

[ The Bookseller | 2017-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative access #funding withdrawn


Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education company


Daughter of the ‘Mormon Manson’ Shares Her Ordeal in New Memoir

Anna LeBaron escaped her murderous father’s polygamist cult at the age of 13, leaving behind a life of terror and over 50 siblings to begin a search for healing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-28 00:00:00 UTC ]
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Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education market #profit warning #sharp rise #47% stake #trade publisher #underlying growth


Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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BA warns rates hike will leave some ‘crippled’

The Booksellers Association (BA) this week warned Treasury chief secretary David Gauke that planned increases to business rates bills this April will result in many booksellers’ businesses being “absolutely crippled”. Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily newspapers #financial year


Bruce Springsteen helps S&S UK profits increase

Simon & Schuster UK saw a marginal boost to profits in 2016, driven by Bruce Springsteen’s Born To Run and its children’s division. Continue reading at The Bookseller

[ The Bookseller | 2017-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bruce springsteen


UK a smart bet for Pearson as schools look to digital future

Mark Piesing looks at the opportunities and challenges for Pearson in the UK market. Continue reading at The Bookseller

[ The Bookseller | 2017-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk market #digital future #mark piesing


Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slipped #profits rose #simon schuster


HarperCollins quarterly global profits up 32%

Higher sales have pushed profits at HarperCollins globally up 32% in the second quarter of fiscal 2017, compared to the same period in fiscal 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-02-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #higher sales


ABA shares secrets of indies’ success

Anja Sieg reports from the American Booksellers Association's (ABA) 12th Winter Institute, which drew a record crowd of 654 booksellers.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #record crowd