PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at 'The Bookseller'

[ The Bookseller | 2016-03-23 00:00:00 UTC ]

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HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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EDC Q2 Profits Jump on Small Sales Gain

Educational Development Corp.’s rapid revenue growth stalled in the second quarter ended August 31, 2018, but the company still posted earnings growth of nearly 44%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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S&S sees second quarter profit and revenue rises

Simon & Schuster's revenue and operating income rose in the second quarter, helped by lower production costs. Continue reading at The Bookseller

[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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British publishing breaks revenue records but textbook sales are hit

British publishing houses broke all previous revenue records in 2017 to see their collective incomes rise 5% to £5.7bn, driven by a growth in export sales which now account for 60% of publishers’ revenues. Continue reading at The Bookseller

[ The Bookseller | 2018-07-19 00:00:00 UTC ]
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Audio Publishers Association Reports a 22.7-Percent Jump in 2017 Revenue

A six-year trend of double-digit growth year-over-year continues, according to the new report for 2017 from the US Audio Publishers Association. Audiobook sales last year totaled more than $2.5 billion. The post Audio Publishers Association Reports a 22.7-Percent Jump in 2017 Revenue appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
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Audiobook Revenue Jumped 22.7% in 2018

Total audiobook sales rose 22.7% in 2017, to an estimated $2.5 billion, according to a report from the Audio Publishers Association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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John Wiley saw 5% revenue jump in 2018

Academic publisher John Wiley has reported an increase in revenue in both its fourth quarter 2018 and whole fiscal year reports, driven by strong operational performance and favourable impacts from foreign currency. Continue reading at The Bookseller

[ The Bookseller | 2018-06-14 00:00:00 UTC ]
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Harry Potter and Tom Kerridge fuel Bloomsbury's record revenue

Publisher hits £161.5m takings, driven by Potter sales and Lose Weight for GoodThe evergreen Harry Potter franchise and the popularity of TV chef Tom Kerridge’s Lose Weight for Good has driven book publisher Bloomsbury’s revenue to the highest level in its 32-year history.Bloomsbury Publishing... Continue reading at The Guardian

[ The Guardian | 2018-05-22 00:00:00 UTC ]
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Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 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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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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PRH revenues stable in first half

Penguin Random House’s revenues in the first half of 2017 have remained stable at €1.5bn (£1.38bn), building marginally on 2016's first-half revenue by 1.1% year-on-year, its parent Bertelsmann has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-09-01 00:00:00 UTC ]
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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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Despacito drives Bertelsmann to record €500m profits

Song of the summer and TV shows American Gods and 13 Reasons Why boost German media groupThe global success of 2017’s song of the summer, Despacito, together with sales of the TV series American Gods and the popularity of controversial book-turned-Netflix series 13 Reasons Why has helped drive... Continue reading at The Guardian

[ The Guardian | 2017-08-31 00:00:00 UTC ]
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Profit and revenue rise in Elsevier's first half

Publisher Elsevier saw revenue up 11% in the first half of 2017, to £1,171m, although underlying growth was a more modest 2%. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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Indigo Reports Record Revenue in Fiscal 2017

Driven by sales of general merchandise and 'Harry Potter and the Cursed Child,' the Canadian bookstore chain reported record revenue growth for fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-31 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Profits Jump at HarperCollins

Second quarter earnings rose 32% at HarperCollins,to $75 million, on a revenue gain of 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-09 00:00:00 UTC ]
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PRH first-half revenue hit by ebook decline

Global revenues at Penguin Random House fell 10.7% year-on-year in the first half of 2015 due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-09-01 00:00:00 UTC ]
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