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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Media Sales Rose 7.5% in 2016 at Amazon

Total media sales increased 7.5% in 2016 at Amazon, hitting $22.2 billion. Media now represents only 17.6% of total revenue at the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-02 00:00:00 UTC ]
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Adults Sales Rose in August But Slipped for Kids

Sales of adult trade books rose 10.3% in August over August 2015, but sales of children’s/young adult titles slipped 1.3%, according to figures released by the Association of American Publishers as part of its StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-26 00:00:00 UTC ]
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Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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November Bookstore Sales Rose 1.5%

November's bookstore sales were $805 million, an increase of 1.5% over November 2015. Sales for the first 11 months of 2016 were up 3.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Stanfords returns profit for second time in 14 years

Stanfords has made a profit for the second time in 14 years after investing in its festival and awards and licensing its 163-year-old brand. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Retailers' sales rose 1% in December but face 2017 'challenge'

UK retailers saw a strong finish to Christmas, with like-for-like sales up 1.0% in December from the same month a year earlier, the British Retail Consortium has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-01-11 00:00:00 UTC ]
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Print Book Sales Rose Again in 2016

Unit sales of print books rose 3.3% in 2016 over the previous year, making it the third-straight year of print growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-06 00:00:00 UTC ]
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Rose promoted to Mills & Boon brand director

Jo Rose, marketing manager at HarperCollins, has been promoted to the newly-created role of Mills & Boon brand director in anticipation of the brand's future growth. Continue reading at The Bookseller

[ The Bookseller | 2017-01-05 00:00:00 UTC ]
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Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace

Led by Bruce Springsteen's bestselling 'Born to Run,' S&S CEO Carolyn Reidy reports a profitable year at S&S and a "period of relative stability in the publishing marketplace.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
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Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
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August Bookstore Sales Rose 2.0%

Sales in August, one the biggest sales months of the year because of students returning to college, rose to $1.66 billion from $1.63 billion a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-17 00:00:00 UTC ]
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Thought Catalog CRO Alex Magnin on growing a profitable media business in 2016

Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday

[ Digiday | 2016-10-11 00:00:00 UTC ]
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The Book People 'is profitable again' says c.e.o

The Book People’s c.e.o Williams Wellesley said the retailer has “once again become profitable and successful” after its EBITDA increased by £4.3m in 2015. Continue reading at The Bookseller

[ The Bookseller | 2016-10-03 00:00:00 UTC ]
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Digital Trends found a highly profitable niche among tech review sites without relying on Facebook

Digital Trends, which was reportedly in talks to sell to Condé Nast for $120 million, has mostly flown under the radar. But the 10-year-old tech review site has become profitable by honing its Google skills while other publishers chase Facebook and video numbers. “We’ve identified the cycles a... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
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Flat sales and profit at CUP

Cambridge University Press sales dropped very marginally to £268.8m in the year ended April 2016, according to its latest annual report (£169.1m in 2015), with growth levels falling back from a 5% revenue rise the year before. Continue reading at The Bookseller

[ The Bookseller | 2016-08-04 00:00:00 UTC ]
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Trade Sales Up at HMH, But Profit Dips

Revenue in Houghton Mifflin Harcourt’s trade publishing segment rose 3.2% in the second quarter ended May 31, 2016 over the comparable period in 2015. Adjusted EBITDA fell to $322,000 from $412,000 in the second quarter of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-04 00:00:00 UTC ]
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S&S Profits Up But Sales Slip

Second quarter revenue fell 6.0% at Simon & Schuster compared to the second period of 2015, but operating income rose 4.0%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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