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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E-book software company Trajectory signs deal with Tencent, plans to double workforce

It's a fact: even though printed books are not yet dead, there's an increasing number of people who are turning to ebooks to read their favorite book. Trajectory, a Marblehead-based company launched three years ago by two technology veterans, seeks to not only help publishers distribute their... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-03-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #online retailers #favorite book #increasing number #printed books


New-Media Powers Say They'll Be Profitable Soon. Don't Ask About That Facebook Plan

New media titans have shown they can attract investors' money, raking in millions in venture capital funding, but they have not answered clearly whether they can show a profit.At South by Southwest, sales chiefs for three heavily-funded digital publishers said they can do that too, or can soon,... Continue reading at Advertising Age

[ Advertising Age | 2015-03-15 00:00:00 UTC ]
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2014 profit drop for Lagardere Publishing

Hachette UK’s parent company Lagardere has released its results for 2014, showing that profits at Lagardere Publishing, which includes Hachette UK as well as other publishing divisions across the world, were €197m, down by 12% or €26m year-on-year. Sales for 2014 came to €2,004m, down 4.5% from... Continue reading at The Bookseller

[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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Profits Fell 12% at Lagardere Publishing in 2014

Profits at Lagardere Publishing, parent company of Hachette Book Group, fell to 197 million euros in 2014 from 223 million euros in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
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Profits Rose 14% at B&N in Third Quarter

Net income increased 14% at Barnes & Noble in the third quarter ended January 31, 2015, to $72.1 million. Total revenue fell 1.7%, to $1.97 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-10 00:00:00 UTC ]
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Slate Doubles Down on Podcasts

There's always been a loyal base of listeners who download podcasts weekly, but thanks to the popularity of shows like Serial, more people are paying attention to the digital format. And the digital media company The Slate Group is betting demand will only continue to increase. In late... Continue reading at AdWeek

[ AdWeek | 2015-03-10 00:00:00 UTC ]
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How Independent Publishers Can Stay Profitable

The CEO of Australia's Hardie Grant Publishing urges independent publishers to embrace “transformational solutions” to stay profitable in the years to come. The post How Independent Publishers Can Stay Profitable appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-04 00:00:00 UTC ]
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Pearson appoints new c.f.o. as 2014 profits fall

Pearson has appointed a new chief financial officer (c.f.o.) after reporting a sales drop of 4% in 2014. The company has appointed Coram Williams to the role of c.f.o. from Penguin Random House, where he is currently holding the same title. He will start in the job on the 1st August, replacing... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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'Transitioning' Folio scrapes into profit

Sales at The Folio Society fell by almost a quarter in the year to the end of August 2014, compared to the year before, results for the 12-month period show. However the company made a small profit, after losing nearly £3m the previous year. In accounts filed on Companies House this week, The... Continue reading at The Bookseller

[ The Bookseller | 2015-02-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #physical books #folio society #companies house #accounts filed #company made #small profit


Nature journals introduce 'double-blind' review

Science journal Nature and the stable of 17 Nature Research Journals are all to offer the system of peer review known as "double-blind" for article submissions from March, following a trial of the system with two of the journals. Continue reading at The Bookseller

[ The Bookseller | 2015-02-19 00:00:00 UTC ]
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How three Harvard students created Her Campus, a media company profitable from day one

They were three college students reading magazines like Cosmo, Marie Claire and Vogue. And they just knew: Something was missing. They were craving content geared specifically to college women, and as they investigated further, they realized they had found a hole in the media... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-02-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #print magazine #media landscape #marie claire


Indigo Third Quarter Profits Soar

Earnings at Indigo Books & Music for the third quarter ended December 27, 2014 hit C$33 million compared to C$8.5 million in the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-03 00:00:00 UTC ]
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Prime fuels Amazon fourth quarter profit

An increase in Prime membership subscriptions helped Amazon to a fourth quarter profit. The e-commerce giant has been under pressure from investors to return a good result after reporting a loss for the previous two quarters of its financial year, but shares recovered yesterday (29th January)... Continue reading at The Bookseller

[ The Bookseller | 2015-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #financial year #e-commerce giant


Stanfords doubles prize money for relaunched travel award

Stanfords is relaunching the Dolman Travel Book of the Year prize, doubling its prize money, and creating a new award for travel writing. From 2015, the renamed Stanford Dolman Travel Book of the Year award will carry a prize fund of £5,000. The revamped awards will also include the Edward... Continue reading at The Bookseller

[ The Bookseller | 2015-01-30 00:00:00 UTC ]
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iPhone, Mac and App sales fuel Apple profits

Apple has recorded a quarterly net profit of £18bn for its first fiscal quarter, said to be the biggest ever for a public company. The company’s results, for the quarter ending 27th December 2014, also showed quarterly revenue of £74.6bn, up 29% from $57.6bn in the same period the year... Continue reading at The Bookseller

[ The Bookseller | 2015-01-29 00:00:00 UTC ]
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Parragon Books restructure boosts profits to £19m

Parragon Books has posted an operating profit of £19.4m in 2014 compared to a loss of £6m the year before, thanks to a company restructure earlier in the year. For the year ending the 31st March 2014, turnover fell 14% to £48m from £56m but “the overall improvement in profitability was due to a... Continue reading at The Bookseller

[ The Bookseller | 2015-01-03 00:00:00 UTC ]
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Book Aid doubles shipments in 2014

Book Aid International sent more than a million books to African libraries in 2014, almost doubling their distribution figures for 2013.   The charity, which works in partnership with library services in Africa to distribute new books and learning resources, celebrated its 60th anniversary... Continue reading at The Bookseller

[ The Bookseller | 2014-12-30 00:00:00 UTC ]
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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... Continue reading at The Bookseller

[ The Bookseller | 2014-12-23 00:00:00 UTC ]
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News Corp UK suffers £3.5m loss after £51m profit the year before

Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at The Guardian

[ The Guardian | 2014-12-17 00:00:00 UTC ]
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Number of magazine closures almost double in 2014

Though the number of magazine launches held steady in 2014, the outlook for print media still took a turn for the worse as closures nearly doubled. Among the shuttered publications are... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-12-16 00:00:00 UTC ]
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