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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Print Units Rose 3% in the First Quarter

Unit sales of print books rose 3% in the quarter ended April 5, 2015, compared to the first quarter of 2014, at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-10 00:00:00 UTC ]
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Report Looks at New Publishing Business Models

Spain-based Dosdoce.com this week released an English language version of its 2014 report “New Business Models in the Digital Age.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #spain-based dosdoce #business models #digital age


Allison Pearson revisits bestselling heroine in middle age

I Don’t Know How She Does It author returns to heroine Kate Reddy, now contending with age discrimination at work and ‘chaos’ at homeHelen Fielding returned us unexpectedly to the world of Bridget Jones two years ago, the eternal singleton now 51, widowed, and dipping a tentative toe into the... Continue reading at The Guardian

[ The Guardian | 2015-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #allison pearson #older women #st martin #british publisher


Borough Press pays six figures for Pearson sequel

The Borough Press has pre-empted a sequel to Allison Pearson's I Don't Know How She Does It in a "high six-figure" deal. Executive publisher for fiction and non-fiction Kate Elton signed UK and Commonwealth rights to the book from Caroline Michel at PFD. North American rights were signed by... Continue reading at The Bookseller

[ The Bookseller | 2015-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #borough press #allison pearson #high six-figure #executive publisher #caroline michel #st martin


Bookselling Roundup, Week Ending April 3, 2015

Despite several store closings, independent bookstores continue to open in greater numbers, like B&F Books in West New York, N.J. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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iBooks Bestseller List: ‘Steve Jobs’ Lands at #2

'Becoming Steve Jobs,' Brent Schlender and Rick Tetzeli’s biography of the late Apple CEO, rose from the #8 spot to the #2 spot on Apple’s bestseller list for the week ended March 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steve jobs #brent schlender ##2 spot #bestseller list


Dulwich Books seeks a business partner

The owner of the Independent Bookseller of the Year 2014 is seeking a business partner to help grow her thriving business. Sheila O’Reilly from Dulwich Books in London is looking for a passionate book lover who already knows the publishing and bookselling industry to join her business in the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business partner #thriving business #independent bookseller #dulwich books #bookselling industry #multiple directions


Medium Poaches Vox Sales Exec to Build Nascent Ad Business

Medium -- the publishing platform founded by the guys who started Twitter -- is getting more aggressive in its bid to attract brand advertising dollars. The site just raided digital publisher Vox Media, hiring Joe Purzycki, the company's head of ad sales, to lead brand partnerships at... Continue reading at Advertising Age

[ Advertising Age | 2015-03-31 00:00:00 UTC ]
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Bologna 2015: Early Impressions from a Busy, Sunny Fair

Amid its warmest weather in years, the Bologna Children’s Book Fair got off to a strong start on Monday, with most of the agents, editors, and rights managers PW spoke with finding it to be a positive, active fair, though no single title had yet risen to be a "book of the fair." Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book fair #bologna children #strong start #single title


Regional Maine Titles Down East and Dispatch Merge Sales Teams

In what's being described as a "cooperative publishing arrangement," Down East and Dispatch, two regional titles serving the the state of Maine, have agreed to merge their sales teams to cross-sell the two brands. The post Regional Maine Titles Down East and Dispatch Merge Sales Teams appeared... Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-27 00:00:00 UTC ]
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To Automate or Not to Automate the Rights Business?

At a Publishers Weekly event in NYC, rights directors and agents discussed how automation and standards would improve the book rights business. The post To Automate or Not to Automate the Rights Business? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-23 00:00:00 UTC ]
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Sainsbury's offers £3 off ebooks through in-store promo

eBooks by Sainsbury’s is launching a new national promotion offering customers £3 off all ebooks when they buy a paperback chart title in-store.  All of the titles in the Paperback Chart in Sainsbury's stores will have a sticker with a unique code that gives customers £3 to spend on ebooks at... Continue reading at The Bookseller

[ The Bookseller | 2015-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #total cost


Controversy: Pearson Publishing Monitoring Students’ Twitter Posts

The New York Times reports that educational publisher Pearson has been “monitoring student media” to find possible "leaks" of the company's tests. The post Controversy: Pearson Publishing Monitoring Students’ Twitter Posts appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #twitter posts


Pratchett fundraising at £40,000

Close to £40,000 has been raised in memory of Sir Terry Pratchett in just five days. Pratchett, the author of books including the Discworld series, died on 12th March. He had been suffering from Alzheimer’s. A JustGiving fundraising page set up in his memory by his publisher Penguin Random... Continue reading at The Bookseller

[ The Bookseller | 2015-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books including #discworld series #12th march


BA welcomes 'radical' business rates review

The Booksellers Association has welcomed the launch of a “radical” review of the business rates system in the UK. The government revealed today (16th March) that the review had begun and would report back in time for the 2016 budget.  "The time has come for a radical review of this important... Continue reading at The Bookseller

[ The Bookseller | 2015-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #booksellers association #report back


Steve Jobs biography describes his disdain for TVs

The latest book about Steve Jobs suggests the late Apple cofounder’s dislike of TV was one reason he terminated a 1990s personal computer called the Twentieth Anniversary Macintosh (TAM).The expensive, short-lived machine was launched in March 1997, months before Jobs resumed leadership of the... Continue reading at PC World

[ PC World | 2015-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steve jobs #reckless upstart


Newsonomics: Tribune Publishing is Busy Playing Catch-Up

Throughout this morning’s earnings call, the thought reoccurred: Jack Griffin’s new Tribune Publishing Company is playing catch-up. Then, toward the end of the call, one a little more informative than average, the CEO said it plai ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-05 00:00:00 UTC ]
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Customer-Management Survey: Existing Business Is Top Priority for Publishers

[Sponsored Content] Boosting retention and revenue are on the front burner. The post Customer-Management Survey: Existing Business Is Top Priority for Publishers appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-03 00:00:00 UTC ]
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Pearson appoints new c.f.o. as 2014 profits fall

Pearson has appointed a new chief financial officer (c.f.o.) after reporting a sales drop of 4% in 2014. The company has appointed Coram Williams to the role of c.f.o. from Penguin Random House, where he is currently holding the same title. He will start in the job on the 1st August, replacing... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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Coram Williams Named Pearson CFO

Coram Williams, global and U.S. CFO of Penguin Random House, has been promoted to CFO of PRH parent company Pearson, effective July 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
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