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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Hodder Education buys Pearson Singapore list

The Hodder Education Group has bought Pearson's list of textbooks for primary and secondary schools in Singapore. Continue reading at The Bookseller

[ The Bookseller | 2016-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #secondary schools


Apple iBooks Category Bestsellers, January 3, 2016

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended January 3, 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
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Facebook's LiveRail Exits the Ad Server Business

Facebook's publisher-facing ad-tech arm LiveRail is shutting down the ad server business that you might not have known it operated.Known best for being one of the top video ad exchanges when Facebook agreed to buy it in July 2014, LiveRail also offered a way to help publishers pick out which... Continue reading at Advertising Age

[ Advertising Age | 2016-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers pick #video ads #big business #ad tech


Museum asks for help finding 1,000 first editions of Theodore Roethke debut

Theodore Roethke Home museum in Michigan asks owners of hand-numbered copies of Open House to get in touch, for ‘census’ to mark 75th anniversary of poetry collectionGuardian Witness: Do you own any first, signed or otherwise special book editions? Share your pictures and storiesA quest to find... Continue reading at The Guardian

[ The Guardian | 2016-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #debut collection #75th anniversary


On the moon, China's Chang'e 3 Yutu rover finds a new type of basaltic rock

Sometimes fresh interplanetary discoveries can be made right next door. China’s Chang’e 3 rover has found evidence of a new type of basaltic rock in one of the dark basins on the moon. The findings, published in the journal Nature Communications, focus on a geologically young region of the moon’s... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-12-23 00:00:00 UTC ]
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3 Key Publishing Moments of 2015, the Year of Provocative Thinking

Publishing Perspectives' Erin L. Cox looks back at 2015 in publishing and highlights three significant moments that sparked conversation in the literary world. The post 3 Key Publishing Moments of 2015, the Year of Provocative Thinking appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary world


Tastemade Raises Another $40 Million for Its Booming Food-Video Business

Tastemade has had quite a year. The company, known for its quirky short-form videos about food, travel and lifestyle topics, hit the 100 million monthly active users mark, with more than 1 billion monthly views. On Facebook alone, Tastemade grew its audience from around 100,000 fans to more... Continue reading at AdWeek

[ AdWeek | 2015-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-roll ads #key aspects #apple tv #recent round


More Americans are Going to Start Using Adblockers in Next 3 Months, Trade Group Warns

The number of Americans using adblockers will grow over the next three months, according to a report released today by Digital Content Next, a trade group representing online publishers.   The study estimates that about a third of Amer ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-12-10 00:00:00 UTC ]
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Maine Indie Breaks Records with 'A Man Called Ove'

Nonesuch Books & Cards, along with its second location in South Portland, have sold 1,000 copies of the Swedish paperback, making the novel the store's top seller since its May release. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
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Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical books #job losses #harper lee #cut jobs


255 jobs at risk at PRH Rugby site

Penguin Random House is proposing to close its distribution centre in Rugby, with all its 255 employees put at risk of redundancy. The publisher has made the “difficult” but “necessary” proposal to close the site in Central Park, Rugby, in early 2019 following an “extensive strategic review”... Continue reading at The Bookseller

[ The Bookseller | 2015-12-05 00:00:00 UTC ]
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San Bernardino victim was passionate about job and politics, friend says

A 52-year-old Colton resident was among the 14 people killed Wednesday in the San Bernardino shooting rampage, according to a Facebook post by his wife. “My husband, Nicholas Thalasinos, was killed in the shooting,” wrote Jennifer Thalasinos, a second-grade teacher for the Colton Joint Unified... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook post


BizWest Media Sells Wyoming Business Report to Adams Publishing Group

BizWest Media LLC has sold The Wyoming Business Report to APG Media of the Rockies LLC. In the wake of the deal, the Wyoming Business Report became the sister publication to several community newspapers in Wyoming, including the Wyoming Tribune Eagle ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-12-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sister publication


Now Boris Johnson must tackle Newsquest over lost jobs

London assembly urges mayor to express his concern to newspaper publisher I wrote yesterday about a London Assembly motion that attacked the regional newspaper publisher Newsquest/Gannett for its cutbacks and restructuring.That motion was passed by the assembly unanimously today (Wednesday). It... Continue reading at The Guardian

[ The Guardian | 2015-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #express concern #boris johnson #lost jobs #wrote yesterday


E-Readers Now “Main Attraction” at Some Kenyan Libraries

The first of a two part report from the 2015 East Africa Digital Reading Summit in Kenya looks at developments in e-reading and library ebook use. The post E-Readers Now “Main Attraction” at Some Kenyan Libraries appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post e-readers #library ebook


Arts Council protected, national business rates scrapped in Spending Review

The Arts Council will have its funding protected under the Spending Review, while business rates will be devolved to local councils. Continue reading at The Bookseller

[ The Bookseller | 2015-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #arts council #business rates #local councils


Pearson’s Big Paydays Defy the Odds Against Print Media

It has been tough sledding for print media. More than 150 newspapers have closed or converted to digital-only offerings in the last two years. Recently the magazine giants Condé Nast and Time Inc. have both cut employees and closed magazin ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-11-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print media


Pearson and Dow Jones sell stakes in Russian newspaper

Pearson and Dow Jones have agreed to sell their stakes in Russian newspaper Vedomosti, before legislation restricting foreign ownership in Russia comes into force in the New Year. Continue reading at The Bookseller

[ The Bookseller | 2015-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dow jones


Pearson and Dow Jones sell stakes in Russian newspaper Vedomosti

Sale marks end of an era for former FT owner as it exits newspaper publishing business after selling its stake to Russian entrepreneur Pearson, which recently agreed to offload the Financial Times, and the publisher of the Wall Street Journal have sold off their stakes in Russian business... Continue reading at The Guardian

[ The Guardian | 2015-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ft owner #50% stake #minority stake #newspaper publishing


Archant promises newsagents £370,000 extra profit with price rises

Norwich-based regional publisher increases cover prices at 40 titles Three months after posting its first revenue and profit growth in eight years, regional newspaper publisher Archant has increased cover prices at most of its titles.In a message to the National Federation of Retail Newsagents... Continue reading at The Guardian

[ The Guardian | 2015-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #price rises #profit growth #national federation #norwich-based company