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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News Corp reported a decline in its overall revenue and a pretax profit of $497 million for the three months ending in December. Continue reading at The New York Times
[ The New York Times | 2021-02-04 23:45:40 UTC ]
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On Wednesday, President Joe Biden signed a suite of executive orders that transformed US climate-change policy. He mandated a pause on new oil and gas leases of federal land; instituted a major push to replace gas vehicles in the federal fleet with electric ones; directed agencies to eliminate... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2021-01-29 13:29:22 UTC ]
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In a trading update, Bloomsbury has said it expects its annual revenue and profit to be "well ahead" of market expectations for the financial year ending 28th February 2021, although down on 2020's figures. Continue reading at The Bookseller
[ The Bookseller | 2021-01-29 02:27:52 UTC ]
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Pottermore, the digital company for J K Rowling’s Wizarding World, saw revenues rise 3.2% and profits increase 23.2% in the 12 months to 31st March 2020. Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 12:26:57 UTC ]
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Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller
[ The Bookseller | 2021-01-08 08:40:13 UTC ]
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New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading at The Bookseller
[ The Bookseller | 2020-12-04 10:12:19 UTC ]
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Walker Books had a record year in 2019, with turnover increasing 7% and operating profit soaring 17%, newly released financial results show. Continue reading at The Bookseller
[ The Bookseller | 2020-11-22 21:28:03 UTC ]
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Hachette UK c.e.o. David Shelley has warned 2021 could be a "tougher" year for the industry than 2020, in an interview with The Bookseller's editor Philip Jones at FutureBook 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-11-16 14:38:48 UTC ]
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Waterstones m.d. James Daunt has reiterated his claims bookshops should be considered essential retailers and warned some indies will go out of business if they don't get vital Christmas trade. Continue reading at The Bookseller
[ The Bookseller | 2020-11-11 10:47:16 UTC ]
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A 20% increase in digital revenue and a 38% jump in direct-to-consumer sales over last year’s first quarter of fiscal 2021 helped to drive up profits by 45% and sales by 13% at HarperCollins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
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Self-censorship on sensitive issues like religion and sexuality is a growing threat to the freedom to publish, the International Publishers Assocation has said. Continue reading at The Bookseller
[ The Bookseller | 2020-10-16 07:59:13 UTC ]
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The company said that email addresses, physical addresses, and phone numbers were all potentially exposed, although payment information is said to be safe. Soon after Barnes & Noble apologized for a “serious network issue” that affected some users of its website and people trying to load... Continue reading at Fast Company
[ Fast Company | 2020-10-15 14:16:35 UTC ]
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The Chinese marketplace is “suffering" from the government’s continued crackdown on the number of ISBNs being issued to publishers of foreign writers, agent Andrew Nurnberg has told Frankfurt Book Fair attendees. Continue reading at The Bookseller
[ The Bookseller | 2020-10-13 21:06:46 UTC ]
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Heads of library services fear the success of digital and remote lending during lockdown could threaten their physical facilities, with the potential for “brutal” cuts on the way, according to a new report. Continue reading at The Bookseller
[ The Bookseller | 2020-10-12 13:22:14 UTC ]
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In a previous story, I demonstrated that the quantity of coverage devoted by the print media to Donald Trump is without historical precedent. In 2018, “Trump” was the fourth most-used word in the New York Times. On average, Trump was directly mentioned two to three times in every article, and... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-09-08 18:00:03 UTC ]
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Coronavirus has stacked the odds against indie presses even further, BHP Comics publisher Sha Nasir has said, warning he will have to completely change his firm's business model as a result of the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2020-08-31 14:53:02 UTC ]
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If Amazon's market power over book publishing is left unchecked, competition in the industry will continue to diminish, the heads of the AAP, ABA, and Authors Guild wrote in a letter to the chairman of the House Antitrust Subcommittee. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-18 04:00:00 UTC ]
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Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Marketing and publicity teams need to make sure their middle-tier titles don't get lost in the crowded autumn, Canongate commercial director Jenny Fry has warned. Continue reading at The Bookseller
[ The Bookseller | 2020-07-09 17:47:50 UTC ]
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Library and Information Association CILIP has warned librarians not to participate in the government's contact tracing programme unless a series of criteria are met first. Continue reading at The Bookseller
[ The Bookseller | 2020-07-07 15:58:32 UTC ]
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