Haynes Publishing Group has issued a profit warning, citing "soft" trade and tighter inventory controls from retailers. The car manuals publisher said its half year results, which will be posted at the end of January, will be "seriously impacted" by "key consumer retailers implementing working capital management programmes leading to tighter inventory controls" and it is likely to report only a small profit for the half-yearly period. The Bookseller understands the retailers in question are after-market automotive companies. Continue reading at 'The Bookseller'
[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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Only 51% of pre-school children are read to on a daily basis, a “steep decline” from 69% five years ago, Egmont Publishing has revealed. Continue reading at The Bookseller
[ The Bookseller | 2018-02-22 00:00:00 UTC ]
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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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'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-19 00:00:00 UTC ]
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Harry Potter publisher Bloomsbury warns UK’s exclusive English rights across EU will end, with firms fighting US companies in an open marketThe next generation of British authors could struggle to land a book deal after Brexit, according to the publisher who launched Harry Potter writer JK... Continue reading at The Guardian
[ The Guardian | 2017-12-18 00:00:00 UTC ]
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Shares in Daily Mail & General Trust slumped the most since 2001 after giving investors news they didn't want to hear: 2018 will essentially be a lost year.The publisher of the Daily Mail newspaper said fiscal 2018 will be a "year of transition," warning of weakness across its businesses, a... Continue reading at Advertising Age
[ Advertising Age | 2017-11-30 00:00:00 UTC ]
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Bonnier Publishing imprint Templar Books and author Duncan Beedie have entered into a partnership with food bank organisation The Trussell Trust to publish Beedie’s third picture book. Continue reading at The Bookseller
[ The Bookseller | 2017-11-16 00:00:00 UTC ]
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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, 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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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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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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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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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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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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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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Walker Books' turnover soared by more than a fifth last year, up from £59m in 2015 to £72m in 2016, due to “growth in overseas markets”. Continue reading at The Bookseller
[ The Bookseller | 2017-10-11 00:00:00 UTC ]
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Simon & Schuster UK made a profit before tax of £3.76m last year, coming back from a loss the year before, with c.e.o. Ian Chapman telling The Bookseller the company is looking "really strong financially". Continue reading at The Bookseller
[ The Bookseller | 2017-10-10 00:00:00 UTC ]
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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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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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'Wearing the stigma of the former communist regime,' says the FEP's Henrique Mota, a single state-owned publisher may control all of Romania's textbooks. The post Freedom to Publish: FEP’s Mota Warns Romania May Allow Only One State Textbook Publisher appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-08-28 00:00:00 UTC ]
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Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
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