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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Jeff Sessions ducks questions about White House influence on AT&T-Time Warner merger

U.S. Atty. Gen. Jeff Sessions, during questioning at a congressional hearing Tuesday, sidestepped questions about whether President Trump’s vitriol toward CNN was factoring into the Department of Justice’s review of a mammoth media merger. AT&T is trying to buy Time Warner Inc. — which owns... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-15 00:00:00 UTC ]
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Quarto adjusts to lower profits after solid second-half

International illustrated publisher the Quarto Group has said that despite a solid second-half trading it expects full-year adjusted profit before tax for 2017 to be "significantly lower" than board projections. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Bertelsmann group profit nearly €700m at nine-month mark

Bertelsmann, the majority owner of Penguin Random House, has reported a 6.4% year-on-year rise in its group profit to almost €700m for the first nine months of 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Sexual harassment reported by over half in trade survey

Just over half of the 388 respondents to The Bookseller’s survey on sexual harassment within the book industry said they have experienced harassment, with 54% of women and 34% of men stating that they had suffered abuse. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
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Quarto Says Profits Will Miss 2017 Target

The Quarto Group issued its second profit update of 2017, stating this morning that despite improved sales in the second half of the year, the publisher’s pre-tax profits will be “significantly lower than board expectations.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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Welsh-language novels 'enjoying golden age' despite reported sales decline

Despite news this week that sales had fallen dramatically, the Welsh Books Council’s chief says that the sector is showing real growthThe head of the Welsh Books Council (WBC) has hailed a “golden age for the Welsh-language novel” despite reports of a dramatic decline in sales.BBC Cymru Fyw... Continue reading at The Guardian

[ The Guardian | 2017-11-03 00:00:00 UTC ]
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Halperin book cancelled by Penguin Press US

A book co-authored by disgraced political journalist Mark Halperin has been cancelled by Penguin Press in America, according to reports. Continue reading at The Bookseller

[ The Bookseller | 2017-10-31 00:00:00 UTC ]
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ST report on Waterstones sale 'sensible enough', says Daunt

A story in yesterday's Sunday Times reporting that N M Rothschild corporate financiers have been asked by Waterstones owner Alexander Mamut to explore a £250m sale of the chain has been described as "sensible enough" by the chain's m.d. James Daunt. Continue reading at The Bookseller

[ The Bookseller | 2017-10-31 00:00:00 UTC ]
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CEBR’s executive summary of the Bookselling Britain report

The Centre for Economics & Business Research (CEBR) sums up the highlights from its Bookselling Britiain report, commissioned by the Booksellers Association, which assesses bricks-and-mortar booksellers' contribution to the UK economy. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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Bookselling Britain report reveals retailers’ challenges

Bricks-and-mortar booksellers have an extra weapon in their arsenal when it comes to persuading the UK government of the importance of addressing the “unfair” playing field on which they and rival online retailer Amazon operate, after a report released today by the Centre for Economics &... Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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To deal with native ad pains, Vox Media brings distribution in-house

With the help of an ad testing tool, the publisher reduced its reliance on buying traffic from Facebook to meet clients' campaign goals. The post To deal with native ad pains, Vox Media brings distribution in-house appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-10-27 00:00:00 UTC ]
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'Exceptional' Pottermore returns to profit

Pottermore, the digital content business set up to support J K Rowling’s Harry Potter output, has doubled sales and returned to profit, after what was described as an “exceptional year”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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Aldus’ New Report Updates Europe’s Book Fair Map for 2017

From Sofia’s upcoming 45th anniversary fair in December at the Palace of Culture to Vienna’s ‘Long Night of Books’ ahead in November, the Aldus network’s 2017 report looks ahead and behind to evaluate the European book fair scene.   By Porter Anderson, Editor-in-Chief | @Porter_Anderson... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-25 00:00:00 UTC ]
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Children's Authors Contribute to MPIBA's Record Turnout

Attendance was at an all-time high for the Mountains & Plains Independent Booksellers Association Fall Discovery Show, which took place in Denver earlier this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-24 00:00:00 UTC ]
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Sales Slip at EDC, But Profits Jump

Educational Development Corp., which has had explosive sales growth over the last two years, saw sales fall 6.6% in the second quarter ended August 31. Net income, however, tripled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-23 00:00:00 UTC ]
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Creative industries facing 'catastrophic' loss of talent after Brexit, report warns

Britain’s creative industries are facing a "potentially catastrophic" loss of talent and skills following Brexit, the Creative Industries Federation has warned, arguing that the end of freedom of movement poses a "huge risk" to the sector. Continue reading at The Bookseller

[ The Bookseller | 2017-10-20 00:00:00 UTC ]
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MPs accuse Amazon and eBay of profiting from 'fraudsters'

Amazon and eBay have been accused of profiting from foreign firms trading on its marketplace platform and failing to charge VAT on UK sales, a Public Accounts Committee report has found. Continue reading at The Bookseller

[ The Bookseller | 2017-10-19 00:00:00 UTC ]
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Italian Publishers’ Report at Frankfurt Book Fair: Focus on Readers

A report from the Italian Publishers Association names low readership as its 'problem of problems' and vows to address the country's shrinking readership. The post Italian Publishers’ Report at Frankfurt Book Fair: Focus on Readers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-18 00:00:00 UTC ]
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Penguin Life to publish guide to 'guilt-free' pregnancy and birth

Penguin Life is publishing pregnancy guru Rebecca Shiller’s "empowering" guide, Your No-Guilt Pregnancy Plan, in March 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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