Profits drop 17% at Hachette in 2010, after 'spectacular' 2009

Written By: Bookseller Staff Publication Date: Thu, 10/03/2011 - 09:18 Profits at Hachette Livre fell almost 17% in 2010, a year in which the company's revenues "returned to normal" following the spectacular success of Stephenie Meyer's Twilight saga in 2009. The French-owned publisher's previously reported revenue totalled €2,165m, down 4.8% on a reported basis and 6.3% on a like-for-like basis on 2009. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-03-10 00:00:00 UTC ]
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PW Picks: Books of the Week, August 17, 2020

This week, we highlight new books from Niko Vorobyov, Stanley Plumly, and Suzanne Park. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-14 04:00:00 UTC ]
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This Week's Bestsellers: August 17, 2020

Stephenie Meyer has the #1 book in the country with ‘Midnight Sun,’ a retelling of ‘Twilight’ from Edward’s perspective. Plus Isabel Wilkerson’s ‘Caste,’ #4 in the country, is Oprah’s latest book club pick, and Wimpy Kid author Jeff Kinney has an ‘Awesome Friendly Adventure.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-14 04:00:00 UTC ]
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Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
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S&S Posts Q2 Profit Gain Despite Sales Decline

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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Quarto Sales Fell 17% in First Half of 2020

Revenue in the publisher's U.S. group fell 21.8% in the first half of 2020 from the comparable period in 2019, and the U.K.-based Quarto said it expects that the global pandemic will impact its results in the second half of this year. Continue reading at Publishers Weekly

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Hachette UK makes Times list of top employers for women

Hachette UK has been selected as one of the Times Top 50 Employers for Women 2020, while its Gender Balance Network has won Employee Network Group of the Year (Private Sector) at the Employers Network for Equality & Inclusion (ENEI) Awards 2020. Continue reading at The Bookseller

[ The Bookseller | 2020-07-29 15:13:59 UTC ]
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Quarto's revenues fall 17%, but Powell hails good UK trade performance

Quarto's revenues fell by 17% year on year in the first half of 2020, hit by the coronavirus pandemic, but UK c.e.o. Polly Powell has hailed a good trade performance for her side of the business. Continue reading at The Bookseller

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Internet Archive to Publishers: Drop ‘Needless’ Copyright Lawsuit and Work with Us

During a 30-minute Zoom press conference on July 22, Internet Archive founder Brewster Kahle urged the four major publishers suing over the organization’s book scanning efforts to consider settling the dispute in the boardroom, rather than the courtroom. Continue reading at Publishers Weekly

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RELX revenues drop 10% as Exhibitions business plunges

RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at The Bookseller

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Hachette partners with Stephen Lawrence Charitable Trust on career toolkit

Hachette UK has created a new "Guide to Publishing toolkit" in partnership with the Stephen Lawrence Charitable Trust, to make careers in the industry more accessible to young people from disadvantaged backgrounds. Continue reading at The Bookseller

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German book sales drop nearly 14% in 2020 first half

The coronavirus pandemic has hit the German book industry hard with sales down 13.9% year on year in the first half of 2020.  Continue reading at The Bookseller

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Starkey dropped by RCW over slavery comments

Historian David Starkey, who has caused outrage by his comments on slavery, has been dropped by his literary agency Rogers, Coleridge & White (RCW). Continue reading at The Bookseller

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Hachette tracks uplift in BAME staff numbers but pay gap widens

Hachette UK has published its second ethnicity pay gap report, showing the number of BAME employees at the company has increased but the mean average pay gap between them and their white colleagues has widened. Continue reading at The Bookseller

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David Starkey dropped by publisher and university positions after racist remarks

HarperCollins will no longer publish books by the historian and is reviewing his backlist after he said ‘slavery was not genocide’HarperCollins has dropped David Starkey as an author, saying that the racist views the bestselling historian expressed in a recent interview were “abhorrent”.On... Continue reading at The Guardian

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Mission-Driven Indie Bookstores Drop J.K. Rowling's Books

Three mission-driven indie bookstores well-known for their commitment to social justice have ceased stocking books written by J.K. Rowling, accusing the Harry Potter author of promoting hatred towards transgender people. Continue reading at Publishers Weekly

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Hachette’s Northern outposts take root under the leadership of Layfield

Emma Layfield, picture book development director, North, has laid the foundations for Hachette to open five offices in the North of England later this year, aiming to tap into local talent Continue reading at The Bookseller

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Hachette Children's acquires teacher's debut Ghostcloud

Hachette Children's Group will publish Ghostcloud, a middle-grade adventure by debut author Michael Mann.  Continue reading at The Bookseller

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Hachette moves to back Rowling after staff raise concerns

Staff at Hachette working on J K Rowling's new book The Ickabog have threatened to down tools over the author's recent comments affecting the transgender community. Continue reading at The Bookseller

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Hachette UK confirms locations for five new regional offices

Hachette UK has revealed plans to open new offices in Edinburgh, Newcastle, Manchester, Sheffield and Bristol over the next 12 months, following a year-long consultation with staff who have volunteered to relocate.  Continue reading at The Bookseller

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Coronavirus Impact in Russia: Publisher Cites Up to 75-Percent Profit Loss

The Russian market's book publishing sector has been designated by the state as eligible for special financial support during the pandemic. The post Coronavirus Impact in Russia: Publisher Cites Up to 75-Percent Profit Loss appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

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