Profits Double at EDC

Net earnings at Educational Development Corp. rose to $1.2 million in the quarter ended May 31, 2107 over the comparable period a year ago. Sales were up 20%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Bloomsbury's profits performing 'well ahead' of expectations

Bloomsbury Publishing has said it achieved "excellent sales" in January and February this year and revealed its annual profits are performing "well ahead" of expectations. Continue reading at The Bookseller

[ The Bookseller | 2018-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomsbury publishing #annual profits


Philip Pullman calls for authors to get fairer share of publisher profits

His Dark Materials author condemns way book industry ‘allows corporate profits to be so high at a time when author earnings are markedly falling’Philip Pullman has called on publishers to stop damaging “the ecology of the book world” and start giving authors a fairer share of the money their... Continue reading at The Guardian

[ The Guardian | 2018-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #philip pullman #book world #books earn #profit margins


The profits from publishing: authors' perspective

Nicola Solomon, chief executive of the Society of Authors, makes the case for author pay. Continue reading at The Bookseller

[ The Bookseller | 2018-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nicola solomon #author pay


The profits from publishing: a publisher's perspective

Andrew Franklin, m.d. of Profile Books, gives a publisher's perspective on the topic of author pay. Continue reading at The Bookseller

[ The Bookseller | 2018-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andrew franklin #profile books #author pay


Juvenile Categories Post Double Digits Unit Gains

The Weekly ScUnit sales of print books rose 3% in the week ended Feb. 25, 2018, over the comparable period in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-02 00:00:00 UTC ]
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Bonnier Publishing had 'profitability problems' before Johnson's departure

Bonnier Publishing "wrestled with profitability problems" as the result of its rapid growth in 2017, financial accounts revealed a week before its chief executive Richard Johnson's departure.   Continue reading at The Bookseller

[ The Bookseller | 2018-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bonnier publishing #rapid growth


Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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S&S UK saw sales and profit rise in 2017

Simon & Schuster UK saw a rise in sales and profit in 2017, driven by a "significant" increase in print and downloadable audio book sales, the firm has revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-02-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit rise #ss uk


HMH Trade Unit Posted a Profit in 2017

An 11.4% increase in revenue in the HMH trade division in 2017 over 2016 plus cost cuts resulted in net income of $2.0 million in the group last year compared to a loss of $7.0 million in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #4% increase #net income #year compared


'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools

'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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Templar children's book profits to be donated to food banks

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 ]
More news stories like this | News stories tagged with: #book profits #food banks #picture book


The Digital Double Standard

Here's the way I see it: The difference between old and new media publishers (or traditional and digital-native publishers, if you prefer) is that, while both struggle to stay afloat, some new media companies just don't quite realize it yet.I've been thinking about the economics of all... Continue reading at Advertising Age

[ Advertising Age | 2017-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #teen vogue #cutting back #architectural digest #bottom line #high drama


Quarto adjusts to lower profits after solid second-half

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 group profit nearly €700m at nine-month mark

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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Quarto Says Profits Will Miss 2017 Target

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 ]
More news stories like this | News stories tagged with: #pre-tax profits #improved sales #significantly lower


'Exceptional' Pottermore returns to profit

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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MPs accuse Amazon and eBay of profiting from 'fraudsters'

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 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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PNBA Doubles Binc Donation for Wildfire Relief

The Pacific Northwest Booksellers Association will double its annual gift to the Book Industry Charitable Foundation in support of booksellers in Northern California. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-12 00:00:00 UTC ]
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Walker's turnover and operating profit soar

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 ]
More news stories like this | News stories tagged with: #walker books #overseas markets