Printing in Hong Kong 2012: The Tough Get Going

This February saw 21 provinces in China hiking their minimum wage, many by double digits. Inland provinces like Henan, Anhui, Sichuan, and Guangxi saw the largest hikes, ranging from 22% to 35%. Manufacturing hub Shenzhen, which had the biggest one-time wage hike of the past 19 years in March 2011 (20%), now has its minimum wage further increased by 14%, to 1,500 yuan (or $240) per month. (So say good-bye to the good old days of cheap Chinese labor.) Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-08-03 00:00:00 UTC ]

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Digital Audio Drives Big July Publishing Sales Gains

Sales of digital audio were up well into double digits in the month, helping to boost July sales by 18% over 2023 at publishers that report to AAP's BookStat program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-08 04:00:00 UTC ]
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Most freelance book critics are making less than minimum wage.

Since September 2023, the book criticism working group of the Freelance Solidarity Project (a union of digital media workers, organizing to raise labor standards across the industry) has been collecting data on freelance rates. Its findings, published earlier this month, are pretty damn bleak.... Continue reading at Literrary Hub

[ Literrary Hub | 2024-06-20 20:53:12 UTC ]
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Abrams Lays Off Unspecified Number of Staffers

Abrams Books has made an unspecified number of job cuts this week, with some speculating that cuts were in the double digits. The company declined to comment on the size of the workforce reduction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-07 04:00:00 UTC ]
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Book Sales in All Categories Fell in November

Sales in both the adult and children's/young adult categories fell by double digits in November, due in part to soft hardcover sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-20 05:00:00 UTC ]
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Reality writes

Writing doesn’t pay. According to a report released last year by the Royal Society for Literature and the Authors’ Licensing and Collecting Society, most writers earn below the minimum wage. The numbers are stark: two thirds of writers earn between £100 and £10,000. Only 5% of writers can expect... Continue reading at The Bookseller

[ The Bookseller | 2020-04-21 05:32:29 UTC ]
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Amazon boosts its minimum wage in UK and US

Amazon has increased its minimum wage to £10.50 in the London area and £9.50 for the rest of the UK, whilst also raising all US wages. Continue reading at The Bookseller

[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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Author Earnings Sliding Fast in U.K.

Median annual income of professional writers is now under £10,500—down by 15% since 2013—according to ALCS research, with hourly rates well below minimum wage. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
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Retailers weather wage increases

The majority of booksellers’ profitability has not been hit by the increase in the minimum wage which was implemented in April 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-01-13 00:00:00 UTC ]
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Profits Rose by Double Digits at HBG

In a letter to employees, HBG CEO Michael Pietsch said that excluding Perseus, profits rose 25%. The increase was higher when Perseus is included. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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Most UK authors' annual incomes still well below minimum wage, survey shows

Report finds average earnings for British authors are just £12,500, with legal protections among the worst in EuropeAs publishing prepares for the Christmas rush, with a blizzard of titles due for launch this week on “Super Thursday”, a European commission report has shown that life is less than... Continue reading at The Guardian

[ The Guardian | 2016-10-19 00:00:00 UTC ]
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Bloomberg Media Names New Global Chief Revenue Officer

Publishing vet Keith Grossman has had a busy few years. Just over two years ago, the Condé Nast alum left a more than decade-long career at Wired to join Bloomberg as publisher of Bloomberg Digital and Digital Products. Last fall, he was promoted to Bloomberg Media's U.S. head of sales. And as... Continue reading at AdWeek

[ AdWeek | 2016-08-10 00:00:00 UTC ]
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BEA 2016: At ABA Town Hall, Concerns About Minimum Wage, Removing Cover Prices

At the ABA town hall, booksellers raised a range of issues, from paying a living wage to whether cover prices should be removed from books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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Winter Institute 11: Town Hall Looks at Bookselling’s Big Questions

Minimum wage, selling used books, a better search engine, financing for new booksellers, and an ongoing conversation on race and class were among booksellers' concerns. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
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Indies wary of the introduction of increased Minimum Wage

The proposed rise in the Minimum Wage announced by chancellor George Osborne in his recent budget will “hit indies hardest”, booksellers have said. Osborne said the Minimum Wage for people aged 25 and over would rise to £7.20 per hour in April 2016 (it is currently £6.50 per hour for those aged... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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Minimum Wage, Diversity Top Concerns at Wi10

The high energy that has marked Winter Institute carried over into sessions where booksellers spoke about the challenges ahead, from dealing with minimum wage increase laws to creating a more equal partnership with publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-11 00:00:00 UTC ]
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Diamond Calls 2013 “Our Best Year Ever”

Pointing to strong titles, a growing backlist, and retailer optimism, Diamond Book Distributors, the trade book unit of Diamond Comics Distributors, reported that its 2013 sales rose by “double digits” over 2012 in the U.S., Canada, and international markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-24 00:00:00 UTC ]
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The Daily's Cook: Subscribers Wanted!

Christine Cook, head of sales and advertising at The Daily, used a panel discussion at Internet Week to hawk subscriptions—making one wonder just how much the outsized attention News Corp. is getting for its daring iPad-based newspaper experiment is translating into paid circulation. When... Continue reading at AdWeek

[ AdWeek | 2011-06-07 00:00:00 UTC ]
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