Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at 'The Bookseller'

[ The Bookseller | 2013-02-25 00:00:00 UTC ]

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Scholastic Sees Sales, Profits Fall in Second Quarter

Lower sales in the company's trade group, due mainly to the timing of the publication of some of its biggest books, was the major factor in dropping second quarter results. For the full fiscal year, Scholastic still expects revenue to increase between 4% and 6% over fiscal 2024. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-12-20 05:00:00 UTC ]
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Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 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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At Peter Mayer’s Memorial Service: Appreciation for a Publishing Giant

The late Peter Mayer is remembered as the man who made the Penguin Group 'the world’s most admired and successful publishing company.' The post At Peter Mayer’s Memorial Service: Appreciation for a Publishing Giant appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-12-07 00:00:00 UTC ]
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TarcherPerigee Drops Accused Buddhist Author’s Book

Penguin Group’s TarcherPerigee imprint will no longer publish ‘How to Be Decent’ by Lodro Rinzler amid an investigation of sexual misconduct surrounding the author. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-21 00:00:00 UTC ]
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Abrams Acquires Peter Mayer's the Overlook Press

The Overlook Press, cofounded by Peter Mayer, the former chair and CEO of the Penguin Group, in 1971, has been acquired by illustrated book publisher Abrams. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-01 00:00:00 UTC ]
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Audio helps S&S to 1% rise in third quarter

Simon & Schuster's worldwide sales grew 1% in the third quarter, up from $226m to $228m (£175m). Continue reading at The Bookseller

[ The Bookseller | 2017-11-04 00:00:00 UTC ]
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High street sees 4% rise in book sales

The British high street saw a 4% rise in book volume purchases through physical stores last year, while online sales flatlined. However, online retailers continued to grow their market share of the print market with a 1% rise to 32% of volume purchases in 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-14 00:00:00 UTC ]
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HMH Trade Sales Inch Up, But Profits Fall

Sales in the publisher's trade segment inched up 0.5% in the second quarter, to $37.4 million. But adjusted EBITDA fell to $412,000, from $1.9 million in the second quarter of 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-06 00:00:00 UTC ]
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Trinity Mirror 'profits on course'

UK newspaper publisher Trinity Mirror says it expects to hit its profit forecasts for 2015, as half-year revenues and profits fall. Continue reading at BBC News

[ BBC News | 2015-08-03 00:00:00 UTC ]
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Ruffino appointed m.d of S&S Australia

Simon & Schuster Australia has appointed Dan Ruffino as m.d., following the departure of Lou Johnson. Ruffino has worked in publishing in Australia and the US for 25 years, most recently as creative director of the government-funded Get Reading! Programme. He was previously global digital... Continue reading at The Bookseller

[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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PRH Creates Penguin Adult Group; Kennedy to Leave

The transformation of Penguin Random Houses’ editorial operations began in earnest today with the announcement of the creation of the Penguin Publishing Group. The new unit, which will house all of Penguin’s adult imprints, will be headed by Madeline McIntosh, currently president of U.S.... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-03 00:00:00 UTC ]
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Book Country Debuts Curated Kickstarter Page

Book Country, the Penguin Group’s online writing community and self-publishing platform, has launched a curated page on Kickstarter, the popular online crowdfunding site, to highlight funding projects by Book Country members. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-14 00:00:00 UTC ]
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How Apple shook up the electronic book market

Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself."We're not willing to lose money in any business," Cue told the... Continue reading at PC World

[ PC World | 2013-06-18 00:00:00 UTC ]
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Shanks: 'We clashed with Apple'

Penguin Group c.e.o. David Shanks has testified in support of Apple on day two of the anti-trust... Continue reading at The Bookseller

[ The Bookseller | 2013-06-05 00:00:00 UTC ]
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Penguin to Settle in E-Book Dispute

Pearson PLC's book publishing business, Penguin Group, has agreed to pay $75 million to settle a dispute in the U.S. over the way it priced electronic books, drawing to a close an investigation into the publishing industry's ebook pricing tactics. Continue reading at AllThingsD

[ AllThingsD | 2013-05-22 00:00:00 UTC ]
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Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at The Bookseller

[ The Bookseller | 2013-02-25 00:00:00 UTC ]
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News Corp. Unit Interested in Penguin Group

Rupert Murdoch's News Corp. has expressed interest in buying book publisher Penguin Group, potentially undermining merger discussions between Penguin and Random House, people familiar with the situation said. Continue reading at AllThingsD

[ AllThingsD | 2012-10-29 00:00:00 UTC ]
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Judge approves settlement for Hachette, Simon & Schuster and HarperCollins in ebook lawsuit

It's a big day in the world of ebooks, and not just for the crew at Amazon. Today, Judge Denise Cote approved settlement terms for three of the publishers accused by the Justice Department of price fixing. Hachette Book Group, Simon & Schuster and HarperCollins each agreed to settle with the... Continue reading at Engadget

[ Engadget | 2012-09-07 00:00:00 UTC ]
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