Profit warning from Haynes

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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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Book Expo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
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BookExpo 2019: Indie Bookstores Grow in Number, Profits

American Booksellers Association CEO Oren Teicher addressed members at the organization's town hall and annual meeting at BookExpo, noting the ABA added 99 members last year and members increased profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #annual meeting #town hall


‘Beyond Nine Lives’: Salon’s New Owners Look to Trim Costs as They Seek Easy Profit

Salon’s new owners say they see an easy path to profits for the troubled news publisher. On May 8, Salon Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-20 19:00:45 UTC ]
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Google unveils new digital ad formats, and Facebook issues a warning

Google is giving advertisers a ton of extra digital real estate, adding new promotional formats to online search, YouTube and its increasingly popular Discover service. Meanwhile, Facebook Inc. is close to rolling out a long-awaited privacy feature, but it issued a warning to advertisers... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-14 18:20:00 UTC ]
More news stories like this | All news stories tagged with: #online search #promotional formats #giving advertisers #facebook issues #google unveils


Google unveils new digital ad formats, and Facebook issues a warning

Google is giving advertisers a ton of extra digital real estate, adding new promotional formats to online search, YouTube and its increasingly popular Discover service. Meanwhile, Facebook Inc. is close to rolling out a long-awaited privacy feature, but it issued a warning to advertisers... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-05-14 18:20:00 UTC ]
More news stories like this | All news stories tagged with: #online search #promotional formats #giving advertisers #facebook issues #google unveils


Singapore debates a law targeting fake news online. Critics warn of a chilling effect

Facebook, Twitter and Google have been under fire all over the world for not doing enough to police their platforms for misinformation. The Singaporean government thinks it has a solution: a law that imposes jail time and hundreds of thousands of dollars in potential fines for posting or failing... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-08 00:00:00 UTC ]
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Writing at risk of becoming an 'elitist' profession, report warns

Though the average writer earns £10,000 a year, mean household earnings are more than £81,000 – a result bestselling author Kit de Waal calls problematicWriting is in danger of becoming an elitist profession, with many authors being subsidised by their partners or a second job in order to stay... Continue reading at The Guardian

[ The Guardian | 2019-05-07 00:00:00 UTC ]
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Sales, Profits Up in Q1 at S&S

Sales at Simon & Schuster rose 3% in the first quarter of 2019 over the comparable period in 2018, rising to $164 million from $160 million a year ago. Operating income increased 6%, to $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | All news stories tagged with: #unprofitable company


Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | All news stories tagged with: #unprofitable company


Ad-Free, Print-Only and Profitable, Kazoo Is Pushing Girls to Think Bigger

As is very often the case with great ideas, it was first inspired among the bookshelves. Browsing Barnes & Noble one day in the Spring of 2016, Erin Bried—an industry vet whose lengthy Condé Nast career had come to a layoff-induced end just months earlier—was disappointed by the retailer's... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-10 00:00:00 UTC ]
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How Austrian publisher Die Presse made its video business profitable

The Austrian news publisher has grown video revenues to 10% of digital ad revenue. The post How Austrian publisher Die Presse made its video business profitable appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-04-10 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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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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Every report on past presidential scandal was a warning. Why didn’t we listen?

Robert Mueller’s predecessors investigated Watergate, Iran-contra and Bill Clinton. They warned that checks and balances aren’t enough. Continue reading at The Washington Post

[ The Washington Post | 2019-03-22 14:40:51 UTC ]
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Egmont reports 'record' revenue and profit growth

Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-03-16 00:00:00 UTC ]
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Hachette UK reports 'strong' growth but parent company Lagardère's profits fall

Hachette UK has reported "strong" sales growth in 2018, although parent company Lagardère saw profits fall 9.6%. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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Profits Fell at Lagardère Publishing in 2018, But Rose at HBG

Earnings at Lagardère Publishing fell 9.6% in 2018 compared to 2017, but increased at its U.S. subsidiary, Hachette Book Group, where sales were up 3.7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #profits fell