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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The Top 10 Book Business News Stories of 2023

The book business in 2023 in a nutshell: Amazon got hit with a federal antitrust lawsuit, Scholastic got mired in a censorship controversy, Simon & Schuster finally found a buyer, AI fever gripped the book business, and publishers stepped up to book bans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-29 05:00:00 UTC ]
More news stories like this | News stories tagged with: #censorship controversy #book bans #scholastic #book business


A Shipment of 25,000 Books to Ukraine: Book Aid International

With leading support from Hachette UK and Oxford University Press, Book Aid's shipment for kids and adults is in distribution. The post A Shipment of 25,000 Books to Ukraine: Book Aid International appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-15 21:37:46 UTC ]
More news stories like this | News stories tagged with: #hachette uk #hachette #book aid


Pearson’s biggest shareholder says it should leave London and relist in US

Cevian Capital founder argues most of education publisher’s business is there and move would raise its valueBusiness live – latest updatesPearson’s biggest shareholder has said it should be relisted in the US, arguing that leaving London would be better for shareholders as most of the education... Continue reading at The Guardian

[ The Guardian | 2023-12-15 12:22:42 UTC ]
More news stories like this | News stories tagged with: #biggest shareholder #leave london #education publisher #increasing number #pearson


OpenAI will pay to train its models on Business Insider and Politico articles

OpenAI will pay German publisher Axel Springer to use its news articles to train its AI models and show real-time information from Axel Springer's brands, which include Business Insider and Politico in the US and Bild and Welt in Europe, in ChatGPT’s responses. None of the companies disclosed... Continue reading at Engadget

[ Engadget | 2023-12-13 20:03:27 UTC ]
More news stories like this | News stories tagged with: #deeply committed #vox media #bbc news #striking deals #ai companies #revenue source #media business #news publisher #artificial intelligence #german publisher


Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees

As many as 17,000 students were among the largest turnout on record for Italy's book fair showcasing independent publishers. The post Italy: ‘Più libri più liberi’ Book Fair: A Record 115,000+ Attendees appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-11 18:20:42 UTC ]
More news stories like this | News stories tagged with: #post italy #book fair


Psychological thriller Eileen is sharp, moody and not quite right — just like its main character

Psychological thriller Eileen is an adaptation of the 2015 debut novel by Ottessa Moshfegh, who often writes about female loners, giving special attention to the parts of her characters that many would consider unbefitting of a leading lady. Continue reading at CBC

[ CBC | 2023-12-08 09:00:00 UTC ]
More news stories like this | News stories tagged with: #main character #ottessa moshfegh #debut novel


News Corp agreed to pay Bruce Lehrmann $295,000 to settle defamation claim, court documents reveal

Payment revealed after ABC agreed to pay him $150,000 and remove Facebook video of Brittany Higgins and Grace Tame speech at National Press ClubGet our morning and afternoon news emails,free app or daily news podcastNews Corp agreed to pay Bruce Lehrmann $295,000 to drop a defamation suit he... Continue reading at The Guardian

[ The Guardian | 2023-12-06 12:10:09 UTC ]
More news stories like this | News stories tagged with: #brittany higgins #free app #defamation suit #parliament house #documents filed #federal court #legal costs #out-of-court settlement #news corp


Amy Edmondson’s ‘Fail’ is a Win: England’s Business Book of the Year

Amy Edmondson's book on 'learning to fail' puts her at the top of the Business Book shortlist this year in London. The post Amy Edmondson’s ‘Fail’ is a Win: England’s Business Book of the Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-12-05 21:52:47 UTC ]
More news stories like this | News stories tagged with: #year appeared #business book #book of the year


Christopher Paolini Wanted a Job Involving Dragons, So He Created One

Paolini, a best-selling author of young adult fantasy novels, has a new book out, “Murtagh.” In it, he returns to the world of “Eragon” and the adventures he began creating as a teenager. Continue reading at The New York Times

[ The New York Times | 2023-12-02 10:02:30 UTC ]
More news stories like this | News stories tagged with: #best-selling author


The week's bestselling books, Dec. 3

Southern California Independent Bookstore Bestsellers list for Sunday, December 3 Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-11-29 14:00:57 UTC ]
More news stories like this | News stories tagged with: #bestselling books #independent bookstore


Preserving our digital content is vital. But paying $38,000 for the privilege is not | John Naughton

Storing online data in perpetuity is not just about photos and texts but thoughts and ideas. Platforms such as WordPress are starting to act, but it must be at a realistic priceWay back in 2004 the two founders of Google, Larry Page and Sergey Brin, thought that it would be a cool idea to scan... Continue reading at The Guardian

[ The Guardian | 2023-11-25 16:00:53 UTC ]
More news stories like this | News stories tagged with: #printed books #larry page #university libraries #digital content


London Book Fair 2024: Main Stage Keynote Sessions

Speakers announced for the March 12 to 14 London Book Fair include Jonathan Karp, Dan Conway, Karine Pansa, Maria Pallante, and more. The post London Book Fair 2024: Main Stage Keynote Sessions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-22 16:05:57 UTC ]
More news stories like this | News stories tagged with: #dan conway #karine pansa #maria pallante #london book fair #book fair


Project Gutenberg Produced 5,000 AI Audiobooks, but How Do They Sound?

Project Gutenberg's AI audiobook project is yet another instance of AI encroaching on the book industry. But how do the audiobooks sound? Continue reading at Book Riot

[ Book Riot | 2023-11-22 11:36:00 UTC ]
More news stories like this | News stories tagged with: #project gutenberg #book industry #audiobook


Your definitive guide to Goodreads ratings. (Or: why does your favorite book have 3 stars?)

If you use Goodreads at all, you’ve likely noticed that the platform allows you to “rate” your “reads” using “stars” (those are scare quotes). If you use Goodreads regularly, you probably know that the ratings system is, in a word, fucked. Why does literally every Colleen Hoover book have over... Continue reading at Literrary Hub

[ Literrary Hub | 2023-11-21 17:28:32 UTC ]
More news stories like this | News stories tagged with: #definitive guide #favorite book


German publisher halts sale of top author’s books after leak reveals he received €600,000 from Putin ally

Broadcaster NDR launches investigation after Hubert Seipel admits receiving support for work on two books on Russian leaderA German publisher has announced a stop to the sale of books authored by a leading journalist and Russia expert after an investigation showed he had received at least... Continue reading at The Guardian

[ The Guardian | 2023-11-15 14:31:23 UTC ]
More news stories like this | News stories tagged with: #vladimir putin #russian leader #german publisher


Netflix's new 3 Body Problem trailer reveals a delay to March 2024

Netflix’s new prestige sci-fi show is delayed until March 22, 2024. 3 Body Problem was originally scheduled to debut in 2023, before being pushed back to January 2024, and now March. Just as the initial delay was accompanied by a teaser trailer, so too is this one: 3... Continue reading at Engadget

[ Engadget | 2023-11-11 00:44:30 UTC ]
More news stories like this | News stories tagged with: #david benioff #john bradley #headphone jack #charging port #source material #liu cixin #originally released #hugo award #english-language translation #eiza gonzlez #first novel


3 New Books on How Cash Rules Everything Around Us

Don't know too much about money or how it's used, and has been used, to further national, and personal, interests? And at what cost, literally and figuratively? Want to learn? These new are books for you. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-10 05:00:00 UTC ]
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3 New Enemies-to-Lovers Romances

These three new romances—spanning the Scottish Highlands, Victorian England, and outer space—deliver fresh takes on the enemies-to-lovers trope that are sure to dazzle fans of sparring hearts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #scottish highlands #victorian england


3 New Books on How Money Works

Don't know too much about money or how it's used? Want to learn? These new are books for you. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-09 05:00:00 UTC ]
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The #35,000 Aspen Words Literary Prize Names Its 2024 Longlist

The Aspen Words Literary Prize in issue-driven fiction lists its seventh season's longlist, with a winner announcement in April. The post The #35,000 Aspen Words Literary Prize Names Its 2024 Longlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-08 22:42:17 UTC ]
More news stories like this | News stories tagged with: #seventh season #winner announcement #literary prize