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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First Quarter Results Jump at EDC

Revenue at Educational Development Corp. rose 20%, to $7.2 million, in the first quarter ended May 31, 2014 compared to the first period of fiscal 2014. Earnings in the period jumped to $239,700 from $66,600 in last year's first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Amazon offers 100 percent of ebook profits to Hachette authors as dispute rages on

Amazon recently offered Hachette writers 100 percent of ebook profits until the dispute between the publisher and the bookselling giant is resolved. The move prompted criticism from Hachette.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-10 00:00:00 UTC ]
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Chipping Norton festival offers profit share to authors

Chipping Norton Literary Festival is to split its profits with authors in lieu of paying... Continue reading at The Bookseller

[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Sales Up at EDC, Earnings Fall

Revenues at Educational Development Corp. rose 2% in the fiscal year ended February 28, 2014, hitting $26.1 million, although accounting items dropped net earnings to $357,600 from $802,900 in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-10 00:00:00 UTC ]
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'Glass Closet': The double life of a gay chief executive

"I was not a victim," declares John Browne, the former chief executive of BP, in his new book, "The Glass Closet: Why Coming Out Is Good Business," published by Harper Business. "We must own up to our choices and I had made some bad ones." Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-05-31 00:00:00 UTC ]
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Amazon war with Hachette over ebook profit margins intensifies

Dispute has also dragged in authors including JK Rowling and James PattersonIt is another mystery for inspector Rebus to solve. Why is Amazon UK selling Saints of the Shadow Bible, the latest instalment of Ian Rankin's best-selling series about the Edinburgh sleuth, for half the price being... Continue reading at The Guardian

[ The Guardian | 2014-05-28 00:00:00 UTC ]
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Profits Jump 83% at HarperCollins

EBITDA rose 83% at HarperCollins for the third quarter of fiscal 2014 which ended March 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]
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Tartt's 'Goldfinch' Doubles Sales Following Pulitzer Win

"The Goldfinch" is on pace to be the bestselling Pulitzer fiction winner since "Olive Kitteridge." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-24 00:00:00 UTC ]
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Managing Print Profitably

It wasn't too long ago that print was considered the center of the wheel from which all other product platforms sprang out of. That's still the case for most traditional publishers, but the newer product platforms are where all the action is now. Continue reading at Folio Magazine

[ Folio Magazine | 2014-03-13 00:00:00 UTC ]
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EDC Fiscal 2014 Sales Up

A decision two years ago to stop selling its books on Amazon led to a turnaround in Educational Development Corp.'s home business division in the fiscal year ended February 28, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-04 00:00:00 UTC ]
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FT Group profits rise 17%

Publisher of Financial Times operating profits grow to £55m in 2013 as owner Pearson announces overall slump of 21%Pearson has reported a 21% slump in its overall operating profit for 2013, as its core US education business continues to be hit by the "worst trading conditions" seen in decades.... Continue reading at The Guardian

[ The Guardian | 2014-02-28 00:00:00 UTC ]
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France's Fnac makes 2013 profit

  The leading French cultural product chain Fnac may have turned the corner financially,... Continue reading at The Bookseller

[ The Bookseller | 2014-02-28 00:00:00 UTC ]
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Profits Rose 32% in 2013 at S&S

Operating income at Simon & Schuster rose 32% in 2013, to $106 million on a sales increase of 2.4%, to $809 million, parent company CBS reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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News Corp. profit tops estimates but ad sales dip

News Corp., the newspaper publisher that owns The Wall Street Journal and the New York Post, beat profit estimates and posted gains in real-estate services and book publishing, even as advertising... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-02-07 00:00:00 UTC ]
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Amazon Posts A (Small) Profit

Total sales in Amazon’s fourth quarter in 2013 rose 20% over the last quarter of 2012, hitting $25.59 billion, while net income rose to $239 million from $97 million in last year’s final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-30 00:00:00 UTC ]
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Issues on the Ether: Profit-Sharing Authors

Porter Anderson looks at Ian K. Ellard's concept of authors sharing profits with publishing-services experts in his winning essay at The Bookseller, The Toast. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-28 00:00:00 UTC ]
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How HarperCollins's Chief Digital Officer Uses Big Data To Make Publishing More Profitable

As more readers favor Kindles and iPads over pulp-based books, Chantal Restivo-Alessi of HarperCollins is mining digital data to determine how publishers can maximize profits.Having worked at EMI records for over a decade, Chantal Restivo-Alessi knows what it's like to have the digitization of... Continue reading at Fast Company

[ Fast Company | 2014-01-23 00:00:00 UTC ]
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EDC Has Strong Third Quarter

Educational Development Corp. that third quarter sales rose 8%, to $8.5 million, in the quarter ended November 30. Net earnings were up to $547,800 from $525,700. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
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Radio Times seeks to fuel digital success with print profits

Radio Times, which accounts for 60% of its publisher's profits, is undergoing a transformation to woo younger readersWhile other magazine publishers chase the digital-savvy generation of under-25s Radio Times is swimming against the tide somewhat, targeting a slightly older, thirtysomething... Continue reading at The Guardian

[ The Guardian | 2014-01-20 00:00:00 UTC ]
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Telegraph Media Group made record £60m profit last year

The Telegraph Media Group made more than £60m last year, The Guardian can reveal. It is the third successive year that the company has managed to increase its operating profit.TMG is expected to report what amounts to a record figure formally in the spring when it files its accounts for the full... Continue reading at The Guardian

[ The Guardian | 2014-01-10 00:00:00 UTC ]
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