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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FT owners Pearson posts £115m loss

Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of £115m compared with £36m a year earlier. Continue reading at BBC News

[ BBC News | 2015-07-24 00:00:00 UTC ]
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Pearson boss defends sale of Financial Times to Nikkei

John Fallon says it was getting harder to run education and journalism arms well and is confident Japanese firm will honour editorial freedomPearson was no longer the best owner of the Financial Times, the publishing group’s chief executive has said in defence of the decision to sell the... Continue reading at The Guardian

[ The Guardian | 2015-07-24 00:00:00 UTC ]
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Pearson sells FT for £884m

Pearson has sold the FT Group to the Japanese Nikkei Inc for £844m. The company confirmed earlier today it was in “advanced talks” on the sale of the FT Group, which includes the Financial Times, and has now revealed Nikkei will buy the group for a gross consideration of £844m, payable in cash. Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Staff Pick: Black Earth: The Holocaust as History and Warning

Reviews editor Alex Crowley recommends this compelling new take on how the Holocaust was allowed to happen, and what it means for contemporary society. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-23 00:00:00 UTC ]
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Slimmer Scholastic Reports $15 Million in Profits

Scholastic reported revenue of $1.63 billion in the fiscal year ended May 31, 2015. The company reported earnings from continuing operations of $15.5 million, compared to $13.3 million in fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-23 00:00:00 UTC ]
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Pearson agrees to sell Financial Times to Japanese publisher in $1.3B deal

Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-07-23 00:00:00 UTC ]
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Daily Mail publisher hit by fall in print advertising

DGMT share price drops 9% after ‘marked deterioration’ in advertising revenue for flagship print titlesShares in the Daily Mail’s parent company have slumped 9% after it reported a fall in print advertising revenues at its flagship national newspapers. Advertising revenues at the Daily Mail and... Continue reading at The Guardian

[ The Guardian | 2015-07-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print advertising #advertising revenue #advertising revenues #digital counterpart #8% increase #print decline


Caine Prize winner shares her £10k award

Zambia's Namwali Serpell has won the 2015 Caine Prize for African Writing, and is to share her £10,000 prize money with her fellow shortlistees. Serpell won the award with short story "The Sack" from Africa39 (Bloomsbury). Continue reading at The Bookseller

[ The Bookseller | 2015-07-08 00:00:00 UTC ]
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Peruvian Cooking Heats Up Fall Cookbooks

This fall, cookbook publishers are capitalizing on the new "it" cuisine’s rising popularity with titles from Peruvian chefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-07 00:00:00 UTC ]
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OUP sales up but profit down

Profits at Oxford University Press (OUP) were down slightly in the year to the end of March 2015 because of “difficult trading conditions”, the company has said. OUP had a total turnover of £767m in the 12 months to 31st March this year, up from £759m the year before, it revealed in its annual... Continue reading at The Bookseller

[ The Bookseller | 2015-07-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #net profit #31st march #annual report


Facebook To Start Sharing Ad Revenue With Video Partners

The tech giant is targeting YouTube's clients with a new ad revenue sharing program for video publishers.Facebook has just made another change to its burgeoning video advertising business. Effective today, Facebook is testing out sharing video ad revenue with video partners. The move is similar... Continue reading at Fast Company

[ Fast Company | 2015-07-02 00:00:00 UTC ]
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Facebook is sharing more ad dollars with its video creators

Facebook's shiny logo isn't all that's new for the social network today: The outfit's also announced how it plans to split video ad revenue with publishers. Like YouTube, Facebook will give content creators 55 percent of ad revenue and keep the rest,... Continue reading at Engadget

[ Engadget | 2015-07-02 00:00:00 UTC ]
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Scribd, Citing Profitability, Cuts Back on Love and Sex

Scribd found romance readers gorging on books through the ebook subscription service are costly and now the company is cutting back on the genre. The post Scribd, Citing Profitability, Cuts Back on Love and Sex appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
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Pearson: how Pinterest can work for publishers

Pinterest is a visual discovery tool focused on the future, making it ideal for publishers, the company’s marketing manager Zoe Pearson told delegates at today's Bookseller Marketing and Publicity Conference. “There are a lot of common misconceptions about what Pinterest is. We’re not a social... Continue reading at The Bookseller

[ The Bookseller | 2015-07-01 00:00:00 UTC ]
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Fifty Shades Ltd made £10m profit last year

E L James’ own company Fifty Shades Ltd had a “very successful” year to the end of September 2014, with a turnover of £18.1m and profits of £9.8m. However, this was down significantly on the previous year, when the company generated £43m with a profit of £25m. Continue reading at The Bookseller

[ The Bookseller | 2015-06-30 00:00:00 UTC ]
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Local World profits rise to £43.6m

Daily Mail and Trinity Mirror, shareholders in local newspaper publisher, to share £25m after adjusted profits for 2014 go up 12%Local World reported a 12% rise in adjusted profits last year to £43.6m, netting shareholders the Daily Mail and Trinity Mirror more than £25m to share.David... Continue reading at The Guardian

[ The Guardian | 2015-06-30 00:00:00 UTC ]
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Global Publishing Leaders 2015: Pearson

Pearson is the world’s leading education company, with 40,000 employees in more than 70 countries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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B&N Cuts Its Way to Profitability

If there were any doubts that the future of Barnes & Noble lay mainly in the sale of physical products, they were erased with the release of the company’s results for the fiscal year ended May 2, 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Quarto Group profits up 26% in 2014

Profits at global publishing company The Quarto Group rose 26% in 2014, with profits in the UK growing 24%.   In a statement filed with Companies House, Quarto said adjusted profit before tax totalled $12.1m (£7.7m) last year. Revenues were up 2% compared to 2013 to $172.6m (£110m).   Continue reading at The Bookseller

[ The Bookseller | 2015-06-26 00:00:00 UTC ]
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Despite Sales Drop, B&N Had Fiscal 2015 Profit

Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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