Profits Fell 16% at HarperCollins

Higher manufacturing and freight costs, and ongoing supply chain and inflationary pressures, resulted in a 16% drop in earnings at HarperCollins for the quarter ended March 31, 2022. Sales rose 5%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-05-06 04:00:00 UTC ]
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As Worker Strike Looms, HarperCollins Financials Decline

A representative for unionized employees called negotiations with the publisher 'disheartening,' and said that there are no bargaining sessions planned after latest proposal rejection. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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S&S Sales Up 10% in Q3, but Profits Are Flat

Though its third-quarter results slowed compared to the first half of 2022, Simon & Schuster remains on track to have a record year, which CEO Jonathan Karp attributed to employees' ability to stay focused on books despite the company being for sale for more than two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-02 04:00:00 UTC ]
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Print Sales Fell 9.1% in Mid-October

Blockbuster sales of Colleen Hoover’s It Starts with Us were not enough to prevent overall unit sales of print books from falling 9.1% in the week ended Oct. 23, 2022, compared to the similar week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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Apple releases macOS Ventura, iOS 16.1 and iPadOS 16

It's a major Apple update day, as the company is rolling out new versions of its iPhone, iPad and Mac operating systems. While iPhone users at large have already had a taste of iOS 16, this will be the first time that most folks will get their hands on iPadOS 16 and macOS Ventura.Apple delayed... Continue reading at Engadget

[ Engadget | 2022-10-24 17:08:44 UTC ]
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Publishing Sales Fell in July

July was a bad month for publishing, with sales falling 14.9% from a year ago for the 1,368 publishers who report to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-19 04:00:00 UTC ]
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HarperCollins Union Workers Planning Second Strike in November

The unionized employees of HarperCollins voted to authorize a strike on Monday, November 7, after the two parties failed to reach an agreement after months of negotiations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-18 04:00:00 UTC ]
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Book Excerpt: ‘The Passenger,’ Cormac McCarthy’s First Novel in 16 Years

A passage from Cormac McCarthy’s first novel since his Pulitzer Prize-winning 2006 book “The Road.” Continue reading at The New York Times

[ The New York Times | 2022-10-14 12:10:42 UTC ]
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HarperCollins Lays Off 'Small Number' of Employees

Faced with slowing industry sales and rising costs, HarperCollins has eliminated what it called a "small number" of positions, and instituted a number of other measures in a bid to "operate as efficiently as possible," CEO Brian Murray announced to employees on October 13. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-13 04:00:00 UTC ]
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Print Book Sales Fell 9% at End of September

Deep declines in adult nonfiction and juvenile categories and only a small gain in adult fiction resulted in a 9.6% drop in print sales last week compared to a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-07 04:00:00 UTC ]
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HarperCollins Buys Cider Mill Press

HarperCollins has acquired Maine independent publisher Cider Mill Press. Cider Mill will become part of the HarperCollins Focus group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-04 04:00:00 UTC ]
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Print Unit Sales Fell 4.2% in Late September

A 17.3% increase in adult fiction print unit sales was not enough to prevent print unit sales overall from falling 4.2% in the week ended Sept. 24, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-30 00:00:00 UTC ]
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Print Sales Fell 4% Last Week

Unit sales of print books declined 4.2% last week as good debuts in adult fiction were not enough to offset declines in adult nonfiction and children's fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-29 04:00:00 UTC ]
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Print Unit Sales Fell 2.3% in Mid-September

Unit sales of print books dropped 2.3% in the week ended Sept. 17, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
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Print Book Sales Fell 2.3% Last Week

Soft sales in the adult nonfiction and juvenile categories offset a 12.1% increase in sales of adult fiction, leading to a 2.3% drop in unit sales of print books last week compared to the week ended September 18, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
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A Banned Books Week Action List: Book Censorship News, September 16, 2022

Take action during Banned Books Week with these action items. That, plus this week's roundup of book censorship news. Continue reading at Book Riot

[ Book Riot | 2022-09-16 10:40:00 UTC ]
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Lit Hub Daily: September 16, 2022

“It took months of OCD treatment and two Brené Brown books to understand there is no ‘right’ or ‘wrong’ in writing—there are only decisions.” Elissa Bassist reflects on treating her writers’ block by treating her OCD. | Lit Hub Memoir Sometimes, altering the canon is a good thing: How The Rings... Continue reading at Literrary Hub

[ Literrary Hub | 2022-09-16 10:30:58 UTC ]
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From the Archive: September 16, 1996

We look back on our coverage of Reed’s 1996 purchase of the ABA’s annual trade show, which it rebranded as BookExpo America. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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Earnings Fell in the First Half of 2022 at PRH

High inflation and supply chain challenges combined to drop earnings at Penguin Random House 20.7% in the first half of 2022 compared to a year ago. Revenue rose 6.2%, to €1.92 billion, but even there the news was disappointing with parent company Bertelsmann noting that excluding the favorable... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-31 04:00:00 UTC ]
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Quarto Posts Big Jump in Profits

Quarto Group reported that revenue rose 9% in the first six months of 2022 over the comparable period in 2021, to $61.9 million, and net income jumped 124%, to $4.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-30 04:00:00 UTC ]
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Leadership Changes at HarperCollins Publishers

Abby West has been named v-p and editorial director at Amistad, with promotions for Tara Parsons and Laina Adler to v-p and deputy publisher of their respective imprints. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-30 04:00:00 UTC ]
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