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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Radio 1's Nick Grimshaw adds more than 700,000 listeners

BBC stations celebrate bumper final quarter of 2013, as record audience figures for Chris Evans push Radio 2 to new highNick Grimshaw's audience numbers are finally moving in the right direction, with the BBC Radio 1 breakfast DJ adding more than 700,000 listeners in the final three months of... Continue reading at The Guardian

[ The Guardian | 2014-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mishal husain #small rise #6% compared


New jobs threat to IPC Media staff

Staff at the magazine publisher IPC Media are expected to bear the brunt of a redundancy programme ordered by its US-based parent, Time Warner, according to reports in America.Its publishing division, Time Inc, is seeking to cut 500 jobs from its 7,800 total in what is said to be its "last big... Continue reading at The Guardian

[ The Guardian | 2014-02-05 00:00:00 UTC ]
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Indigo Third Quarter Sales Rose 3%

Revenue at Indigo Books & Music rose 3.0% in the third quarter ended December 28, 2013 compared to the same period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-04 00:00:00 UTC ]
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Should Brands Even Be in the Content Business?

The editorial director of the Online Publishers Association weighs in on whether brands should be in the business of creating copy -- or whether that should be left to a partnership with the pros. The post Should Brands Even Be in the Content Business? appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-02-01 00:00:00 UTC ]
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Main Street Books' New Owner Speaks to PW

Emily Hall, 25, whose family purchased Main Street Books in St. Charles, Mo., earlier this week, says that she will continue in retiring owner Vicki Erwin's footsteps. Hall will officially become a full-time bookseller on Feb. 15. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #emily hall


News Briefs: Week of February 3, 2014

Investment group buys Recorded Books and more in this week's publishing news briefs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-31 00:00:00 UTC ]
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Missouri's Main Street Books Gets New Owner

Main Street Books in St. Charles, Mo. will officially change ownership on Feb. 14. Current owner, Vicki Erwin has signed a contract with an area resident, a 25-year-old woman who works in the financial industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #current owner #vicki erwin #financial industry


Fairfax to pay Kim Williams $95,000 plus legal costs after inaccurate article

Story published in three papers wrongly claimed former News Corp chief stormed out of Sydney Opera House Trust meetingAmanda Meade Continue reading at The Guardian

[ The Guardian | 2014-01-29 00:00:00 UTC ]
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Johnston Press axes photographers

Johnston Press is disposing of staff photographers in a swathe of newspapers across England, reports HoldTheFrontPage. Photographers are soon to leave the company's titles in Lincolnshire, Warwickshire, Northamptonshire and Buckinghamshire. Most will go after accepting voluntary redundancy... Continue reading at The Guardian

[ The Guardian | 2014-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital revolution #make sense


Lee Schrager's 3 Essential Cookbooks

The founder of the Food Network South Beach and New York City Wine & Food festivals shares his cookbook inspirations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
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Critics With an Ax To Grind: The 2013 Hatchet Job Nominees

Nominees for "The Hatchet Job of the Year, given to the “writer of the angriest, funniest, most trenchant book review of the past twelve months,” are out. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hatchet job


Rizzoli Open for Business, But Seeking New Space

The company responded to reports about the demolition of the Manhattan building housing its flagship store. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
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DBW 2014: Amazon, Subscription and the Book Business

In a morning session entirely devoted to Amazon.com, author Brad Stone and consultant Joe Esposito looked back over the history of Amazon's growth (and remorseless tactics) before looking ahead to its next round of competitive targets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #morning session


Hatchet Job of the Year shortlist - 2013's most negative reviews in quotes

Tasters of the reviews competing for the annual prize that recognises 'the angriest, funniest, most trenchant book review of the past 12 months'News: Hatchet Job of the Year award draws and quarters shortlistCraig Brown on Distant Intimacy: A Friendship in the Age of the Internet by Frederic... Continue reading at The Guardian

[ The Guardian | 2014-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paul theroux


The First 3-D Printed Book Cover Is Here

A limited edition of Chang-Rae Lee's On Such A Full Sea turns typography into a sculpture.It was only a matter of time: the first 3-D printed book cover has arrived. Published by Riverhead Books on Tuesday, a limited edition of Chang-Rae Lee's novel On Such a Full Sea features a white slipcover... Continue reading at Fast Company

[ Fast Company | 2014-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #limited edition #chang-rae lee #riverhead books


IBM's Watson For Business: The $1 Billion Siri Slayer

IBM is unveiling their new Watson for Business on Thursday, a $1 billion project devoted to bringing big data to every educational institution, pharmaceutical firm, and publishing house in America--and they're offering more than $100 million in venture capital to developers.IBM is announcing the... Continue reading at Fast Company

[ Fast Company | 2014-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$100 million #venture capital


Author Starts Indiegogo Campaign to Buy Main Street

Although she has yet to make an offer, a local author and blogger launched an Indiegogo campaign Monday to raise $15,000 by February 5 to purchase Main Street Books in St. Charles, Mo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #local author #raise $15


For Sale or in Flux, a Big Year Looms for Business Magazines

With Forbes for sale, Fortune's website divorcing from CNNMoney.com and Bloomberg Businessweek getting assessed as part of a companywide strategic review at Bloomberg, the year ahead could see a dramatic shift for top business magazines.The category offers a glimpse into the publishing world at... Continue reading at Advertising Age

[ Advertising Age | 2014-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media buyers #high-quality content #revenue streams


Iron Man 3 tops 2013 box office

Comic book blockbuster Iron Man 3 was the highest-earning film of 2013 around the world, ahead of Despicable Me 2 and The Hunger Games: Catching Fire. Continue reading at BBC News

[ BBC News | 2013-12-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hunger games #catching fire


From frat boys to executives, Pikesville natives grow in the online photo business

Ryan Millman has come a long way since his college days of printing photos from frat parties. Now a full-blown manufacturer, he oversees a suite of four photo-related companies that churn out everything from T-shirts and photo books to canvas prints for major commercial retailers. Continue reading at Baltimore Sun

[ Baltimore Sun | 2013-12-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #photo books