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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Knights Of bookshop reaches £30,000 crowdfunding target

Publisher Knights Of has reached its £30,000 crowdfunding target to fund a bookshop selling children’s books with BAME characters. Continue reading at The Bookseller

[ The Bookseller | 2019-01-09 00:00:00 UTC ]
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Scribe donates 1,000 of Fried's book to mark Holocaust

Scribe is donating 1,000 copies of the new title Questions I Am Asked About The Holocaust by Hédi Fried to UK schools and libraries in honour of International Holocaust Remembrance Day on January 27th. Continue reading at The Bookseller

[ The Bookseller | 2019-01-09 00:00:00 UTC ]
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The Reading Agency receives £120,000 to evaluate Summer Reading Challenge

The Reading Agency is planning an evaluation of the Summer Reading Challenge after receiving an award of £120,000 from Arts Council England. Continue reading at The Bookseller

[ The Bookseller | 2019-01-08 00:00:00 UTC ]
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Would you delete Facebook for $1,000? This economist put that theory to the test

Tufts University economist Sean Cash doesn’t normally dabble in the valuations of giant tech companies. As the Friedman School of Nutrition Science and Policy professor puts it, “My bread and butter is bread and butter.” But a few years ago, Cash got interested in answering the question of how... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-12-20 00:00:00 UTC ]
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Penguin Random House pledges £15,000 to diverse children's bookshop

Publisher says it hopes to help the #ReadtheOnePercent pop-up store in south London ‘smash its target’ of £30,000, which it is crowdfunding in order to become permanentPenguin Random House has pledged £15,000 to south London’s #ReadtheOnePercent bookshop, which only stocks children’s books with... Continue reading at The Guardian

[ The Guardian | 2018-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #south london #diverse backgrounds #critical role

Rise in union activity is clashing with digital publishing’s business struggles

Union inroads into media have many observers predicting a better long-term future for beleaguered newsroom employees. The post Rise in union activity is clashing with digital publishing’s business struggles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post rise #digital publishing

Former number in hand, Tanner Pearson gets to face his former Kings teammates for first time

The attachment that Tanner Pearson has with the No. 14 jersey runs deep. He wore it “my whole life,” from when he was a mite hockey player to the Manchester Monarchs. That ended when he got called up to the Kings in 2013 and wound up being a part of their 2013-14 championship season. “When I got... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tanner pearson

Jobs set to go at Head of Zeus

A redundancy process has begun at independent Head of Zeus, with a number of posts involved, The Bookseller understands. Continue reading at The Bookseller

[ The Bookseller | 2018-12-15 00:00:00 UTC ]
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Morton wins $500,000 legal battle against literary agent

Australian author Kate Morton has won a $500,000 lawsuit against her former literary agent Selwa Anthony. Continue reading at The Bookseller

[ The Bookseller | 2018-12-12 00:00:00 UTC ]
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Literary agent ordered to pay $500,000 to Australian author Kate Morton after lawsuit loss

Selwa Anthony had sued the bestselling writer, claiming she was entitled to 15% commission on all royalties Internationally bestselling Australian author Kate Morton has fended off a lawsuit by her former literary agent, who instead has to pay the writer more than $500,000.Selwa Anthony sued... Continue reading at The Guardian

[ The Guardian | 2018-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary agent #published books

Business professor's 'dynamic' self-help to Transworld

Transworld has bought a straight-talking self-help book from serial entrepreneur and NYU professor Scott Galloway, author of The Four, about applying simple algebra for a happier life. Continue reading at The Bookseller

[ The Bookseller | 2018-12-08 00:00:00 UTC ]
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It's Time the Book Business Took Music Lessons

What can book publishers learn from the music industry? A lot, says Digital Perspectives columnist Bill Rosenblatt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #music industry

Waterstones Scottish Book of the Year 2018: English author Maine scoops prize

Waterstones has named The House Between Tides by Sarah Maine as its Scottish Book of the Year.  Continue reading at The Bookseller

[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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'Axe the reading tax': book industry demands end to VAT on ebooks

Following EU directive that allows governments to waive duty on digital publications, calls grow for the UK to end ‘illogical and unfair’ levyThe UK government is being urged to axe the “illogical and unfair” 20% tax currently imposed on ebooks, while print books remain exempt, after European... Continue reading at The Guardian

[ The Guardian | 2018-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #eu directive #digital publications #member states

Book Deals: Week of December 3, 2018

Harper nabs a just-found Sylvia Plath short story, Margaret Atwood announces a Handmaid’s Tale sequel, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-30 00:00:00 UTC ]
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PW Picks: Books of the Week, December 3, 2018

This week: around the world in 20 languages, plus the love-hate relationship between L.A. and its inhabitants. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-30 00:00:00 UTC ]
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120,000 American libraries just got even cooler thanks to Grow with Google

Google is giving you one more reason to love libraries. As everyone knows, libraries are cool. They are open to all (even ghosts, according to Ghostbusters), and can beat any Black Friday sale by offering free books on every subject every day (see the Instagram below). And way before WeWork was... Continue reading at Fast Company

[ Fast Company | 2018-11-29 00:00:00 UTC ]
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Record 9,000 turn out for 'most ambitious yet' Hay Festival Winter Weekend

This year's Hay Festival Winter Weekend, featuring writers such as Rose Tremain, Horatio Clare, and Jeanette Winterson, drew record ticket sales of over 9,000. Continue reading at The Bookseller

[ The Bookseller | 2018-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rose tremain #horatio clare #jeanette winterson

Lantana wins place on business accelerator programme

Inclusive publisher Lantana has won a place on the OXFO L.E.V8 accelerator programme for entrepreneurial start-ups. Continue reading at The Bookseller

[ The Bookseller | 2018-11-27 00:00:00 UTC ]
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The UK’s Costa Book Awards Shortlists: Half Debuts, £35,000 in Prize Money

The Costa Book Awards for 2018 drew a record 641 entries across the program's five categories. In January, the five category winners will be announced, followed  by the overall winner's ceremony. The post The UK’s Costa Book Awards Shortlists: Half Debuts, £35,000 in Prize Money appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prize money #category winners