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
Barnes & Noble has announced it will separate its Nook and retail arm from its education business by August this year. The US bookseller said the planned separation will create two independent publicly traded companies, one comprising of its B&N College stores and the other comprising... Continue reading at The Bookseller
[ The Bookseller | 2015-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#barnes noble
#retail arm
#education business
#exchange commission
Pearson reported 2014 earnings of £69 million, after taxes, from its 47% stake in Penguin Random House. For the year Pearson reported total revenues of £4.8 billion and operating earnings of £720 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#47% stake
It's been a year since Justin Smith became Bloomberg Media's global CEO with the mandate of raising the financial news and information brand's awareness with business executives. We chatted with him about how publishers can Facebook-proof their business, why print still has a future, and working... Continue reading at Digiday
[ Digiday | 2015-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bloomberg media
#post bloomberg
#justin smith
We know what at least some community news publishers think about Gordon Borrell’s recent statement that the “good content that needs to be developed is basically advertising or consumer related.” But did the CEO o ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#local news
Publisher Deborah Emin argues that as publishing professionals, we should want writers to understand each stage of the process: how they are acquired, marketed and sold. The post Why Writers Need to Know the Publishing Business appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-02-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing business
#publishing professionals
The web has simultaneously enabled an accelerated cycle of untrue stories and rumour, and the ability to debunk themEvery journalist is familiar with the type of story that is “too good to check”. It is a warning label on tales that beg to be true but probably aren’t. In the pre-social-media... Continue reading at The Guardian
[ The Guardian | 2015-02-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#plain sight
#nightly news
The National Literacy Trust (NLT) has raised £75,000 for its work in improving child literacy at a charity auction held yesterday (12th February) in London. Guests at the auction, which was hosted by Private Eye editor Ian Hislop, bid for items including a signed pair of Frank Lampard’s... Continue reading at The Bookseller
[ The Bookseller | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#charity auction
#frank lampard
#original artwork
#writing workshop
#anthony horowitz
Ebook subscription service Scribd has expanded its library to one million titles with the recent addition of more than 10,000 comic books and graphic novels. The post Scribd Adds 10,000 Comics and Graphic Novels appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#graphic novels
#million titles
Last week two books—Eric Carle’s The Very Hungry Caterpillar (Puffin) and Michael Rosen’s We’re Going on a Bear Hunt (Walker)—achieved a unique feat, notching up their 1,000th week in BookScan’s Total Consumer Market Top 5,000. The two books are the UK book trade’s only remaining Evergreens:... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#michael rosen
#records began
Six people have been made redundant following the closure of the London office of publisher Ripley. The publisher moved its editorial functions to Orlando in America from the start of this month (1st February). The change means half a dozen people have been made redundant, with the... Continue reading at The Bookseller
[ The Bookseller | 2015-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#made redundant
#london office
#31st january
Glen Moreno is preparing to step down from his role as chairman of Pearson after a decade, according to Sky News. Sources told the broadcaster that Pearson's nominations committee had enlisted JCA Group, a City headhunting firm, to oversee the process of recruiting Moreno's successor. Continue reading at The Bookseller
[ The Bookseller | 2015-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sky news
#sources told
A group of investors led by Axel Springer SE, Europe's biggest newspaper publisher, has paid $25 million for a stake in Business Insider Inc. as the German media company seeks to expand its digital... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#business insider
#investors led
Sales of Scotland’s first pro-independence daily paper falls to 15,000 – a quarter that of launch edition – but publishing group remains committed to investing in the titleSales of the National have fallen below 20,000 as the novelty of Scotland’s first pro-independence daily newspaper appears... Continue reading at The Guardian
[ The Guardian | 2015-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales slump
Six Egmont employees will lose their jobs at the end of the month following the closure of the US office, the company has confirmed. The company also said it will publish its spring 2015 list and books will continue to be available via Random House, but it did not say what would happen to... Continue reading at The Bookseller
[ The Bookseller | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#random house
#authors signed
Academic publisher Pearson faced “tough market conditions in 2014” in North America and the UK, according to a trading update released today (21st January). The company said policy and cyclical pressures affected its two biggest markets, while a smaller school textbook update in South Africa... Continue reading at The Bookseller
[ The Bookseller | 2015-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#tough conditions
#biggest markets
#south africa
#fourth quarter
Pearson plans to invest £33m in education initiatives in the world's emerging markets. The education publisher has revealed it will invest £33m ($50m) in the Pearson Affordable Learning Fund to provide education to low-income learners around the world. Continue reading at The Bookseller
[ The Bookseller | 2015-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pearson plans
#education publisher
#provide education
#emerging markets
'Girl on the Train,' the hot debut novel of the season, made a strong showing but couldn't dethrone 'American Sniper' from the top of the Apple iBooks bestseller list. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ibooks bestseller
#strong showing
#american sniper
What does the future of Library and Information Science look like? What do patrons expect from libraries? This infographic from USC has some answers. The post Infographic: Future of Library and Information Science Jobs appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#post infographic
Bookmate, an ebook subscription service founded by Russian investors, is expanding its English language ebook inventory. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-20 00:00:00 UTC ]
More news stories like this |
PW’s Je Suis Charlie campaign to support free expression has raised $40,000 in contributions that will be donated to five organizations that support free speech. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-20 00:00:00 UTC ]
More news stories like this |