Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The publisher of Harper Lee’s Go Set a Watchman and EL James latest 50 Shades novel, Grey, wants to cut jobs at its warehouse in Rugby, Warwickshire. It put its decision down to a fall-off in demand for physical books, which are distributed from the warehouse, and consolidation among publishers. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-12-07 00:00:00 UTC ]
News tagged with: #physical books #job losses #harper lee #cut jobs

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Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cut jobs #harper lee #job losses #physical books


Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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OUP to close Oxuniprint in August with loss of 20 jobs

Oxford University Press (OUP) is to close its subsidiary Oxuniprint in August with the loss of 20 jobs.  Continue reading at The Bookseller

[ The Bookseller | 2021-06-08 14:17:07 UTC ]
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Blaming a new social hierarchy for the rise of populism

Michael Lind says elite “managers” have stoked the resentments of the working class. Continue reading at The Washington Post

[ The Washington Post | 2020-02-21 13:00:00 UTC ]
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Vice to axe 250 staff in latest round of digital media job losses

Cuts follow recently announced redundancies at HuffPost and BuzzFeedVice has announced plans to sack 250 staff, as a wave of job cuts affecting the digital media industry continues to hit companies around the world amid questions over the sustainability of ad-supported online publishing.Almost... Continue reading at The Guardian

[ The Guardian | 2019-02-01 00:00:00 UTC ]
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AAP StatShot Monthly Report for October: A Rare Rise for Ebooks

For a second time in two years, the Association of American Publishers cites a rise in ebook revenues, as downloaded audio charges ahead as the main gainer. The post AAP StatShot Monthly Report for October: A Rare Rise for Ebooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-12-08 00:00:00 UTC ]
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Reading the small print: rural papers defy the odds in a sea of job losses

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[ The Guardian | 2018-10-07 00:00:00 UTC ]
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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

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Pearson chief Fallon awarded 20% pay rise depsite losses

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[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016

In a consistent German book market, the Boersenverein reports rising ebook sales by volume, but lower prices are driving down revenue from digital products. The post In Germany: Report Finds Ebook Sales Rising, Revenue Down, in 2016 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-11-23 00:00:00 UTC ]
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Daunt warns of job losses if irresponsible Brexit prevails

Waterstones boss James Daunt has sent a stark email to employees warning that if the UK leaves Europe, the “brutal reality" is that the retailer would be forced to axe jobs. Continue reading at The Bookseller

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Printed book sales rise for first time in four years as ebooks decline

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[ The Guardian | 2016-05-13 00:00:00 UTC ]
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Penguin ditches degree requirement for job applicants

Publisher’s attempt to open employment opportunities to more diverse range of candidates follows similar step by Ernst & YoungGlobal publishing group Penguin Random House will no longer require candidates for new jobs to have a university degree, it has announced.The company said it wanted... Continue reading at The Guardian

[ The Guardian | 2016-01-18 00:00:00 UTC ]
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My Job in 5: Helen Chapman, Picture book designer, Penguin Random House UK

Describe your role My job title is picture book designer but people outside the industry always think that I must illustrate all the books! Unfortunately I’m not that talented (though I do a mean stick man) so I end up describing my job as being an editor for the illustrators. Working in... Continue reading at The Bookseller

[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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First Half Results Rise at Penguin Random House

Sales rose 16.2%, to 1.70 billion euros, and earnings increased 30.2% at Penguin Random House in the first half of 2015 over the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-31 00:00:00 UTC ]
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My Job In 5: Ania Duggan, Commissioning Editor- Audio, Penguin Random House Group UK

Describe your role I project manage the creation of our audiobooks by a wide range of fiction and non-fiction authors. This involves reading manuscripts and identifying books to record, acquiring audio rights if necessary, casting the right voices to bring stories to life and arranging... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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Sales and profits rise at 'stronger' Penguin Random House

Penguin Random House delivered a "strong performance in its first full year after the merger", media group Bertelsmann has said. Penguin Random House chief executive Markus Dohle said the combined businesses had "made a powerful statement: We are stronger together" describing 2014 as "a... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
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Sales rise, but Foyles dips into loss

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[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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French publishers warned on ebook VAT rise

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