Phaidon lifts turnover, cuts loss

Phaidon Press has reported a 4.4% increase in annual turnover for the year to June 2014 due to a strong performance in the North American market. However, the company still reported a loss, which it attributed to increased investment in its business.  Turnover at the arts, lifestyle and culture publisher was £21.3m, up from £20.4m the year before. While the company reported a loss of £1.2m for 2014, it had reduced that loss by £0.4m from £1.6m from the year before. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
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Salt seeks to double turnover following PGUK partnership

Buoyed by a publishing “crack team” and a new sales relationship with PGUK, independent publisher Salt is going from strength to strength, and its directors hope an increased focus on fewer, bigger titles will help this success to continue. Continue reading at The Bookseller

[ The Bookseller | 2016-09-26 00:00:00 UTC ]
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NACS Cuts Staff by 17%

In response to changes in the industry, the National Association of College Stores eliminated 22 full-time and 13 part-time positions earlier this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
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Lancashire to go ahead with 'disgraceful' library cuts

Lancashire County Council has decided to press ahead with plans to close more than 20 libraries after a 12-week consultation. Continue reading at The Bookseller

[ The Bookseller | 2016-08-31 00:00:00 UTC ]
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Protest planned over Lewisham library cuts

Library campaigners plan to gather this Saturday to protest the £1m cuts to Lewisham Council’s library budget, which will see staff removed from four libraries across the borough. Continue reading at The Bookseller

[ The Bookseller | 2016-08-19 00:00:00 UTC ]
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Northern Ireland library cuts scrapped

Proposals to reduce opening hours at 14 of the busiest libraries in Northern Ireland have been scrapped. Continue reading at The Bookseller

[ The Bookseller | 2016-08-09 00:00:00 UTC ]
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Trusted Media Brands Cuts Children’s Book Publisher

Thirty-one employees face layoffs, though magazine brands not affected. The post Trusted Media Brands Cuts Children’s Book Publisher appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-07-29 00:00:00 UTC ]
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Angels protest key play during 7-5 loss to Royals

Major League Baseball’s rulebook splayed out on his desk in Kauffman Stadium’s visiting clubhouse, Mike Scioscia spoke vehemently late Wednesday night. He believed an umpiring misinterpretation robbed his Angels of a victory that could have been theirs. Ahead by two runs on Kansas City in the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-07-28 00:00:00 UTC ]
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Pearson UK 'ahead of plan' on 2016 job cuts

A spokesperson for Pearson UK has said the company is "80% of the way there and ahead of plan" on its latest job-cutting restructure, as the wider company looks to make £250m annualised cost savings globally this year plus a further £100m in 2017. Continue reading at The Bookseller

[ The Bookseller | 2016-07-15 00:00:00 UTC ]
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Fresh plans to cut 22 more libraries across England emerge

Libraries across the country continue to be threatened with closure, with councils proposing to close 22 venues altogether across Swindon, Gateshead and Coventry. Continue reading at The Bookseller

[ The Bookseller | 2016-07-08 00:00:00 UTC ]
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Osborne pledges to cut corporation tax to 15%

Chancellor George Osborne has pledged to cut corporation tax from 20% to 15% to encourage businesses to keep investing in the UK, according to news reports. Continue reading at The Bookseller

[ The Bookseller | 2016-07-05 00:00:00 UTC ]
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What Axel Springer’s loss in ad-blocking suit means for UK publishers

Axel Springer and ad blocking company Eyeo have clashed in several court battles. Most recently, the German publisher was handed a slight victory; the ad block company cannot accept a fee from the publisher to be on its acceptable ads initiative. This is encouraging for U.K. publishers; however,... Continue reading at Digiday

[ Digiday | 2016-06-29 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

[ The Bookseller | 2016-06-15 00:00:00 UTC ]
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University Presses Cope with Budget Cuts

Universities are taking different approaches to handling shrinking budgets, from cutting back on staff to expecting presses to rely more on their own resources. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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Waterstones cuts ebook deal with Kobo

Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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BEA 2016: Kenny Loggins: Cutting Loose on the Page

Grammy Award–winning rock-and-roll musician Kenny Loggins isn’t nervous about performing today, at 1 p.m., at the Quarto Publishing Group’s booth (2300, 2301), where the company’s 40th anniversary party will be in full swing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Publishers’ Loss in GSU Copyright Case Just Got a Little Worse

In an order filed yesterday, a federal judge clarified that the publisher plaintiffs prevailed on just four counts of alleged infringement, rather than seven. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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Too many school libraries 'face cuts'

Too many school libraries in England face cuts or closure with schools increasingly viewing books as obsolete, a conference has heard. Continue reading at BBC News

[ BBC News | 2016-04-06 00:00:00 UTC ]
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Sun publisher posts £250m loss due to write-down and hacking costs

Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a huge write-down and paying out further costs associated... Continue reading at The Guardian

[ The Guardian | 2016-03-23 00:00:00 UTC ]
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Fairfax's warm glow short-lived amid cuts, strike and Sheehan debacle | Amanda Meade

With the SMH brand celebrating its 185th year, record readership figures and even a $27m profit, further cuts have provoked anger among Fairfax staff As the Sydney Morning Herald looks forward to its 185th birthday next month staff had been celebrating the fact that the masthead is the most... Continue reading at The Guardian

[ The Guardian | 2016-03-17 00:00:00 UTC ]
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