Pearson to axe 3,000 jobs after slump at main US business

Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education company, which has issued five profit warnings in the last four years, intends to cut about 10% of its 32,000 global workforce. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-08-04 00:00:00 UTC ]
News tagged with: #profit warnings

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BA and retailers demand business rate reform to save UK high street

The Booksellers Association has joined forces with more than 50 UK retailers to demand changes to the business rates system in a bid to save the high street.  Continue reading at The Bookseller

[ The Bookseller | 2019-08-12 17:07:43 UTC ]
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UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign

With Brexit looming larger as the UK's new government takes charge, the publishing industry steps up its drive to drop the VAT on digital reading. The post UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-12 05:30:59 UTC ]
More news stories like this | News stories tagged with: #post uk #campaign appeared #reading tax #digital reading #publishing industry #publishers association


Pearson hackers access thousands of student accounts

Pearson has admitted a data breach that saw around 13,000 of its US school and university student accounts accessed by hackers. Continue reading at The Bookseller

[ The Bookseller | 2019-08-04 19:12:10 UTC ]
More news stories like this | News stories tagged with: #data breach #pearson


Everyone Loses When Business Infiltrates Editorial

Folio: hosted a CEO roundtable recently, the main subject of which was, as reported here, the “sacred, age-old barrier that once separated media companies’ editorial and sales teams.” We can argue over whether in the magazine industry that barrier was ever sacred (I would win that argument,... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-01 19:01:02 UTC ]
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PRH Added £25 Million to Pearson's First Half Earnings

As Pearson continues to overhaul its education operations, the company said its stake in Penguin Random House contributed £25 million to its adjusted operating profit, up from £22 million in the first half of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #half earnings #penguin random house #pearson


Pearson must ‘force’ change in behaviour

An exclusive survey undertaken by Harris Interactive shows that Pearson’s pursuit of a digital-first textbook strategy may face challenges with UK students. Continue reading at The Bookseller

[ The Bookseller | 2019-07-29 01:37:03 UTC ]
More news stories like this | News stories tagged with: #face challenges


2 Sunwing Airlines workers among 11 charged in drug ring 'centred at' Toronto's Pearson airport

Two Sunwing employees accused of importing cocaine through Toronto's Pearson airport are among 11 people facing dozens of drug-trafficking charges after an undercover operation led by Kitchener RCMP and involving law enforcement in southern... Continue reading at CBC

[ CBC | 2019-07-26 14:59:35 UTC ]
More news stories like this | News stories tagged with: #pearson airport #pearson


Bloomsbury signs deal with Classoos for 14,000 academic books

Bloomsbury has signed a licensing agreement to make 14,000 of its academic books available through digital textbook platform Classoos. Continue reading at The Bookseller

[ The Bookseller | 2019-07-25 06:50:05 UTC ]
More news stories like this | News stories tagged with: #licensing agreement #academic books #bloomsbury


3 on a YA Theme: Books About the Book World

Get a glimpse of how books get made with these three YA books about publishing, authors, fandom, and the book world at large! Continue reading at Book Riot

[ Book Riot | 2019-07-24 10:31:05 UTC ]
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Nominees Announced for $50,000 “American Nobel”

News and Events WLT From left to right: Top: Emmanuel Carrère, Jorie Graham, Jessica Hagedorn. Middle: Eduardo Halfón, Ismail Kadare, Sahar Khalifeh. Bottom: Abdellatif Laâbi, Lee Maracle, Hoa Nguyen. World Literature Today, the University of... Continue reading at World Literature Today

[ World Literature Today | 2019-07-19 14:45:14 UTC ]
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Harlequin Creates Two Business Groups

The publisher will now be organized around the Harlequin Trade Publishing Group, headed by Loriana Sacilotto, and the Harlequin Brand Group, led by Brent Lewis. Angela James and Joanne Grant will leave Harlequin on July 19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-18 04:00:00 UTC ]
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F+W Media's UK books business sold in management buyout

F&W Media International is acquiring the UK books business of parent firm F+W Media Inc in a management buyout, forming a new company called David and Charles. Continue reading at The Bookseller

[ The Bookseller | 2019-07-18 01:11:47 UTC ]
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HuffPost UK falls in line with 'premium' Verizon Media strategy after axing blogs

News publisher has departed from beginnings as a 'blogging-for-all' platform under Arianna Huffington. Continue reading at Media Week

[ Media Week | 2019-07-17 08:32:08 UTC ]
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#BookstoresAgainstBorders Still Going Strong, $100,000 Raised to Date

#BookstoresAgainstBorders, the book world's fundraising campaign for an organization that assists immigrants to the U.S. who have been incarcerated at the border, has raised more than $100,000 in about two weeks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-17 04:00:00 UTC ]
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Pearson shifts to Netflix-style subscription model for textbooks

Academic publisher hopes to convince students to pay to access online materialsThe era of students using their loans to buy expensive textbooks upfront could be coming to an end, after the academic publisher Pearson announced a shift towards a Netflix-style subscription-based model.The British... Continue reading at The Guardian

[ The Guardian | 2019-07-16 13:31:56 UTC ]
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Education publisher Pearson to phase out print textbooks

Pearson says students will only be able to rent physical books as it makes all products "digital first". Continue reading at BBC World

[ BBC World | 2019-07-16 06:14:53 UTC ]
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Pearson Puts Print Books to Bed

The publisher will shift its U.S. textbook publishing program to a digital first model. Print texts will be available for rental only. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-16 04:00:00 UTC ]
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Sony Gives Literary Film Division, Axed by Disney, a Second Life

Elizabeth Gabler, the executive behind hit movies like “The Devil Wears Prada,” will run a venture financed by Sony Pictures and HarperCollins Publishers. Continue reading at The New York Times

[ The New York Times | 2019-07-15 22:19:51 UTC ]
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Pearson breaks from print with 'digital first' policy for US titles

Pearson will start releasing its updated US titles in digital form first as it breaks with traditional educational publishing and begins phasing out print textbooks. Continue reading at The Bookseller

[ The Bookseller | 2019-07-15 14:01:34 UTC ]
More news stories like this | News stories tagged with: #digital form #print textbooks #pearson


Neil Carrol of Nickel City Graphics on growing along with his business

Business is good at Nickel City Graphics, the Buffalo-based digital content studio founded by Neil Carroll in 2008. Carroll ran a solo enterprise focusing on video content for a long time. But he recently started to consciously grow his business, with four employees now and plans to add more.... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-07-13 11:55:00 UTC ]
More news stories like this | News stories tagged with: #video content #long time #digital content