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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Axel Springer Eyes Controlling Stake in Business Insider

German publisher Axel Springer (SPRGn.DE) may want to increase its current 7 percent stake in U.S. news website Business Insider, German Manager Magazin reported on Thursday.   Citing unnamed financial sources, the magazine said the publisher of ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business insider


3 Key Takeaways from the Nielsen Children’s Book Summit

Children's books boosting the global publishing industry. Here's what you need to know to capitalize on this opportunity. The post 3 Key Takeaways from the Nielsen Children’s Book Summit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen children #book summit


How Bloomberg Media Plans to Win in the Crowded Events Business

Publishers are jumping into events as a way to generate a new source of revenue as traditional advertising becomes harder to come by. But inevitably, as more players pile into this space, it becomes harder to stand out. Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #traditional advertising


Pearson will not sell PRH stake until 2017

Pearson is to keep its stake in Penguin Random House until at least 2017, its c.e.o. John Fallon has said. The company owns 47% of the publishing company, with the other 53% owned by Bertelsmann. In an interview with Bloomberg TV Fallon said it was “unlikely” that Pearson would exercise its... Continue reading at The Bookseller

[ The Bookseller | 2015-09-15 00:00:00 UTC ]
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Synchronicity in business: Why good things happen for no reason

Amazing! Can’t explain it. “We were one order short of reaching our monthly goal and received a huge, profitable order ‘out of the blue’ without ever making a sales call.” “I saw a business book protruding from a bookstore shelf, bought it, returned to my office, and then saw a copy of it on my... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-09-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #thing happen


Milton to lead expanded Harlequin publishing business

Lisa Milton is to join HarperCollins as executive publisher of its Harlequin UK publishing division, with Tim Cooper, UK managing director, departing. The development follows the relocation of the company from its Richmond base to HarperCollins’ office at London Bridge over the summer with the... Continue reading at The Bookseller

[ The Bookseller | 2015-09-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lisa milton #join harpercollins #executive publisher #tim cooper #london bridge


Scholastic buys book fair business Troubadour

Scholastic has acquired Troubadour, also known as The Travelling Book Company, for an undisclosed sum. Steve Thompson, co-group m.d. of Scholastic UK, said the publisher had been tracking Troubadour’s progress for some time. “We know that by having a flexible approach to providing schools with... Continue reading at The Bookseller

[ The Bookseller | 2015-09-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic uk


Ness, Green, Landy and Moyes match £40,000 of donations for refugees

Readers have donated £40,000 to charity to help refugees, with authors Patrick Ness, John Green, Derek Landy and Jojo Moyes donating a further £40,000. Continue reading at The Bookseller

[ The Bookseller | 2015-09-04 00:00:00 UTC ]
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My Job In 5: Sam Eades, Senior commissioning editor/associate publicist, Orion Publishing Group

Describe your role I have an unusual role in that I am a publicist and an editor, two jobs in one. As well as putting together PR campaigns, I also commission fiction for the Orion Fiction list and am looking for crime, speculative and reading group fiction for the commercial and... Continue reading at The Bookseller

[ The Bookseller | 2015-09-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sam eades #pr campaigns


Business Insider Publishes on Social Sites with New ‘Insider’ Project

Online publishers are increasingly experimenting with “distributed” publishing models, whereby they post content directly to social sites, messaging apps and other platforms instead of driving users back to their ow ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #social sites #messaging apps


Decluttering Your Life Is Not Just A Trend—It's Big Business

In a world obsessed with tidying, professional organizers like Marie Kondo are a rising commercial force.In a restaurant where the ceiling is a work of art and the books on the shelf are arranged by color, eBay is holding a promotional event for its new service, eBay Valet. On the tables—around... Continue reading at Fast Company

[ Fast Company | 2015-09-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big business #marie kondo


First Look: The Whimsical World of Liniers's 'Macanudo #3'

'Macanudo' by Liniers is the most popular comic strip in Argentina, and its singular humor, beautiful linework and endearing characters have no problem translating to a new audience in this third collection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-02 00:00:00 UTC ]
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How To Grow Your Business Like An Introvert

Susan Cain's Quiet Revolution is a case study for knowing your strengths.After Susan Cain penned the now-best-selling book Quiet: The Power of Introverts in a World That Can't Stop Talking (2012), she expected to move on and start on her next book right away. The self-proclaimed introvert had... Continue reading at Fast Company

[ Fast Company | 2015-09-02 00:00:00 UTC ]
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Poets for Corbyn gets 5,000 downloads in first week

A collection of poetry inspired by the left wing Labour leadership candidate Jeremy Corbyn has achieved 5,000 downloads in its first week. Altogether 20 poets including Michael Rosen, Pascale Petit, Nicholas Murray and Ian Pindar have submitted 20 poems for the free ebook Poets for Corbyn,... Continue reading at The Bookseller

[ The Bookseller | 2015-08-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pascale petit


Globe Business sells books division in management buy-out

B2B content company Globe Business Media Group has sold its portfolio of law books to a management-led team for an undisclosed sum. The buyers of the division, Globe Law and Business, are a consortium led by Jim Smith, a publisher who spent a number of years on the board of Lexus Nexus. Sian... Continue reading at The Bookseller

[ The Bookseller | 2015-08-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #management buy- #jim smith


Finding the Consumer for US Illustrated Books (Part 3)

Our ongoing series on illustrated book publishing in the US looks at the changing retail landscape for specialty and illustrated titles. The post Finding the Consumer for US Illustrated Books (Part 3) appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-08-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #illustrated titles


Sales of Self-Published 'Rabbit' Sleep Book Top 29,000

After selling roughly 300 copies prior to last week, self-published picture book 'The Rabbit Who Wants to Fall Asleep' moved more than 29,000 print copies in the week ended August 23. It's also rumored that the book were acquired by Random House for seven figures. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fall asleep #random house


AMC debuts first 3 minutes of 'Fear the Walking Dead' on Facebook

In anticipation of Sunday's debut of "Fear the Walking Dead," AMC released the first three minutes of the pilot on the show's Facebook page. Serving as a companion series to the most-watched show in cable television history, "The Walking Dead," the new series opens with an unsettling look at one... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-21 00:00:00 UTC ]
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The State of the Magazine Media Business, Mid-Year 2015

12 top industry leaders see opportunity amid a “fog of choices.” The post The State of the Magazine Media Business, Mid-Year 2015 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-08-19 00:00:00 UTC ]
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iBooks Bestsellers: Weiner Debuts at #3

The latest novel from Jennifer Weiner, 'Who Do You Love,' hit #3 on Apple's iBooks bestseller list for the week ended August 17. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #jennifer weiner #hit #3