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 ]
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Slumping E-books Lead to Sales Decline at HBG

First quarter sales at Hachette Book Group USA fell 12.3% compared to the first first period of 2014. A decline in ebook sales was a major reason for the drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-12 00:00:00 UTC ]
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The programmatic premium club: 3 steps to induction

Membership has its price. Publishers need to offer marketers assurances that they’ll do everything in their power to offer a welcoming, authenticated, premium programmatic environment. At the heart of this is creating and refining more precise audience segments based on behavior, interests and... Continue reading at Digiday

[ Digiday | 2015-05-07 00:00:00 UTC ]
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Alice Notley Wins $100,000 Ruth Lilly Poetry Prize

The Poetry Foundation has awarded Alice Notley the 2015 Ruth Lilly Poetry Prize, which recognizes the outstanding lifetime achievement of a living U.S. poet. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-06 00:00:00 UTC ]
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Obama to provide 10,000 free ebooks through your library

President Barack Obama announced a new program on Thursday aimed at delivering access for more than 10,000 ebooks to financially strapped schoolchildren throughout the United States. The $250 million program will feature titles from numerous publish... Continue reading at Engadget

[ Engadget | 2015-05-01 00:00:00 UTC ]
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The Little Prince inscribed first edition goes on sale for £150,000

Early copy of Antoine de Saint-Exupéry’s classic story features drawing and note of thanks to Dorothy Barclay, a reporter’s assistant who helped him estimate for the number of stars visible from Earth“I am concerned with matters of consequence,” declares the star-gazing businessman whom Antoine... Continue reading at The Guardian

[ The Guardian | 2015-05-01 00:00:00 UTC ]
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Tumour memoir wins £30,000 book prize

A memoir written by the wife of an art critic who died of a brain tumour wins a £30,000 prize for new books about medicine, health or illness. Continue reading at BBC News

[ BBC News | 2015-04-30 00:00:00 UTC ]
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GIE Media Buys Into Cannabis Business

Acquisition of Cannabis Business Times adds to company’s assets in horticulture segment; print magazine on the way. The post GIE Media Buys Into Cannabis Business appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-04-29 00:00:00 UTC ]
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With 100,000 Pieces of Content at Launch, Mode.com Expects 25 Million Monthly Users

Just one year after rebranding from Glam Media, Mode Media is bringing all of its brands together on one site where it hopes to build the "largest native feed distribution platform outside of Facebook." At its second Digital Content NewFronts presentation today, Mode unveiled its new... Continue reading at AdWeek

[ AdWeek | 2015-04-29 00:00:00 UTC ]
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Outside Magazine’s Executive Editor Explains His Move to the Business Side

Sam Moulton talks about his switch to content marketing director—and why it makes sense. The post Outside Magazine’s Executive Editor Explains His Move to the Business Side appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-04-28 00:00:00 UTC ]
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Maine Coast Book Shop on the Block

Founded in 1964, the store now occupies 6,000 square feet in Lincoln Hall, an historic storefront in the town. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-28 00:00:00 UTC ]
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'Good' first quarter for PRH in Pearson results

Pearson has said trading for the first three months of 2015 has been in line with expectations, with a "good" first-quarter performance from Penguin Random House boosted by "million-copy" sales for The Girl on the Train. Pearson's underlying sales for the quarter were down 1% to... Continue reading at The Bookseller

[ The Bookseller | 2015-04-25 00:00:00 UTC ]
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Apple Watch Creates Wrist-y Business for Publishers, Advertisers

The Apple Watch is officially out today, but the so-called wearable has already sparked an arms race among media companies vying for attention on your wrist.(Does that make it a wrist race?)Newspapers, TV news networks, magazine publishers and radio stations have introduced apps for the Watch.... Continue reading at Advertising Age

[ Advertising Age | 2015-04-24 00:00:00 UTC ]
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Report Details New Business Models

Just before the London Book Fair, Spain-based Dosdoce.com released an English-language version of its latest report, “New Business Models in the Digital Age.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-24 00:00:00 UTC ]
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Connect Books: sales drop but business 'stabilising'

Connect Books has delivered a “much improved” operational performance in the last six months, although sales were down 3% to £103.4m. The Norwich-based company, which comprises Bertrams, Dawson Books and Wordery, also saw its underlying operational profit decrease by 18.6% to £1.9m compared to... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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Funding for SaaS businesses grows by 70 percent

Software as a Service (SaaS) is one of the biggest technology growth areas at the moment. That's reflected in the amounts of capital being pumped into the sector by investors. A new SaaS Trends Report by Tibco Analytics and venture capital tracker CB Insights shows that funding for SaaS... Continue reading at Betanews

[ Betanews | 2015-04-22 00:00:00 UTC ]
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Ken Michaels Gets New Job at Macmillan

Ken Michaels, currently the global chief operating officer of Macmillan Science and Education, has been named CEO of Macmillan Higher Education and Macmillan New Ventures. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-22 00:00:00 UTC ]
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Scarthin Books raises over £10,000 for repairs

Derbyshire bookshop Scarthin Books has raised more than £10,000 in an appeal to fund urgent structural repairs. Proprietor Dave Mitchell said an engineer has told him he needs to install four steel columns to support 1,000 feet of bookshelves, and has turned to Crowdfunder because he would... Continue reading at The Bookseller

[ The Bookseller | 2015-04-21 00:00:00 UTC ]
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Wimpy Kid 'Bookseller' Opens Enthusiastic CI 3

The sold-out conference featured the country's newest indie bookstore owner Jeff Kinney. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-20 00:00:00 UTC ]
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News Corp confirms Rebekah Brooks is in talks on new digital business

Rupert Murdoch publisher’s former UK chief, who was cleared of phone-hacking charges last year, is unlikely to be involved with the Sun, according to sourcesRupert Murdoch’s News Corporation has confirmed that it is in talks with Rebekah Brooks, the former Sun and News of the World editor... Continue reading at The Guardian

[ The Guardian | 2015-04-15 00:00:00 UTC ]
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AWP 2015: The Art and Business of Writing Children's Books

Although AWP 2015 focused on literature written for and by adults, children's authors held their own at the conference and presented their ideas about how to best publish for Middle Grade and YA readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-13 00:00:00 UTC ]
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