Penguin Random House Reports Record Profits in 2015

Helped by savings from the further integration of Penguin and Random House, earnings at the world's biggest publisher rose 23.2% last year. 'Girl on the Train' and 'Grey' were among the house's top selling global titles. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-03-22 00:00:00 UTC ]
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S&S 2018 Profits Up, Despite Small Sales Decline

A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Activision Blizzard stock down after report of coming layoffs

Shares of video game company Activision Blizzard Inc. slid as much as 6% Monday morning in the first full day of trading since a report said the Santa Monica firm planned to announce layoffs Tuesday. Bloomberg reported Friday evening that the planned cuts come as the company faces slowing sales.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-02-12 00:00:00 UTC ]
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Hachette hails 'very strong' fourth quarter as Lagardère reports 2018 decline

Hachette UK c.e.o. David Shelley hailed a "very strong" fourth quarter for the publisher, as parent company Lagardère reported a revenue drop of 1.2% like-for-like for the full-year 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-02-08 00:00:00 UTC ]
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HMV sold to Sunrise Records

HMV has been sold to Canadian music company Sunrise Records & Entertainment Limited after owner Doug Putman put in a rescue bid to save the retailer, with the books side of the business set to continue. Continue reading at The Bookseller

[ The Bookseller | 2019-02-06 00:00:00 UTC ]
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Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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Facebook paid teens to disclose their online activity in research app, report says

For years, Facebook has been paying some users $20 per month to install a research app on their phones that can collect intimate information about their online behavior and communications, according to a report published Tuesday by TechCrunch. Since 2016, users ages 13 to 35 could exchange their... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-30 00:00:00 UTC ]
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Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up

Scholastic's biennial Kids & Family Reading Report finds American families are reading books aloud to their children more often. The post Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-28 00:00:00 UTC ]
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Mark Zuckerberg's personal charity is part of a push to steer $500 million to affordable housing

As tech companies face mounting pressure to address their role in the California housing crisis, a band of corporations, philanthropies and foundations — including Facebook as well as the personal philanthropic company of Chief Executive Mark Zuckerberg — are seeking to raise $540 million to... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-01-25 00:05:00 UTC ]
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Mark Zuckerberg's personal charity is part of a push to steer $500 million to affordable housing

As tech companies face mounting pressure to address their role in the California housing crisis, a band of corporations, philanthropies and foundations — including Facebook as well as the personal philanthropic company of Chief Executive Mark Zuckerberg — are seeking to raise $540 million to... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-01-25 00:05:00 UTC ]
More news stories like this | All news stories tagged with: #affordable housing #personal charity #mark zuckerberg


Digital growth helps Haynes to half-year profit rise

Car manual publisher Haynes saw group profit before tax boom by almost a quarter (23%) for the six months ending 30th November 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-25 00:00:00 UTC ]
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Trump’s Social Media Photos Reportedly Altered to Make Him Look Thinner and His Hands Bigger

President Donald Trump purports to hate “fake news” but he seems to have no problem with fake photos. At least that’s what Gizmodo discovered when it started carefully looking at the images on Trump’s official Facebook and Instagram accounts and discovered photos of the president that make him... Continue reading at Slate

[ Slate | 2019-01-22 00:00:00 UTC ]
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American Market StatShot Report: Double-Digit Trade Growth in November

Hardback books benefitted the most from the uptick in trade book revenue, with 28.5-percent growth compared to November 2017. The post American Market StatShot Report: Double-Digit Trade Growth in November appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-16 00:00:00 UTC ]
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UK Publishers’ 2018 Diversity Report: ‘More Needs To Be Done’

The Publishers Association's second annual diversity survey found that racial and ethnic criteria were where progress is slowest in the UK industry. The post UK Publishers’ 2018 Diversity Report: ‘More Needs To Be Done’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-14 00:00:00 UTC ]
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Book Aid International 2018 Reports Biggest Year Yet, in Africa and Middle East

The educational charity Book Aid International cites 25 countries as destinations of its books donated by publishers last year. The post Book Aid International 2018 Reports Biggest Year Yet, in Africa and Middle East appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-10 00:00:00 UTC ]
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Parragon profits fell 68% in 2018

Profits at Parragon Books Limited fell 68% last year during the wind-down of the company by DC Thomson, according to results posted on Companies House. Continue reading at The Bookseller

[ The Bookseller | 2019-01-08 00:00:00 UTC ]
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Vogue publisher Condé Nast reports annual loss of £14m

The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end... Continue reading at The Guardian

[ The Guardian | 2019-01-03 00:00:00 UTC ]
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Michelle Obama's record-breaking Becoming helps print market soar

Michelle Obama's Becoming (Viking) has held the UK Official Top 50 number one spot for a third week, leaping 26% in volume week on week to shift 116,920 copies for £1.87m in the seven days to the end of 22nd December. Continue reading at The Bookseller

[ The Bookseller | 2018-12-28 00:00:00 UTC ]
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Apple launches new transparency report website showing government data requests from around the world

In recent years, technology companies have been under increasing pressure to be more transparent about the requests for data they receive from global governments. Firms such as Microsoft, Google and Facebook publish regular transparency reports, and Apple is no different. Now the company has... Continue reading at Betanews

[ Betanews | 2018-12-23 00:00:00 UTC ]
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Flat turnover for European publishers despite record output, finds FEP

Net turnover for the European publishing industry was roughly flat last year at €22.2bn (2016: £22.3bn) despite a "significant increase" in the number of new titles issued at 610,000, according to data from the Federation of European Publishers (FEP). Continue reading at The Bookseller

[ The Bookseller | 2018-12-22 00:00:00 UTC ]
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Teicher Reports on Another Good Year for Indies

In a year-end holiday letter ABA CEO Oren Teicher thanked publishers for reducing the cost of goods, enabling bookstores to be more profitable. He also said sales were up 5% for the year over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-21 00:00:00 UTC ]
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