Profits Up Nearly 13% At Simon & Schuster

An increase in operating efficiencies, higher backlist sales, and lower returns drove double-digit earnings increases. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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Is the staggeringly profitable business of scientific publishing bad for science?

It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell. By Stephen BuranyiIn 2011, Claudio Aspesi, a senior investment analyst at Bernstein Research in London, made a bet that the dominant firm in one... Continue reading at The Guardian

[ The Guardian | 2017-06-27 00:00:00 UTC ]
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Bookstore News: June 13, 2017

Stores to close in California and Singapore; expanded bookstores coming to Baltimore and Chicago; an Ohio bookstore reopens; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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How digital upstart Charlotte Agenda makes local news profitable

The local news publisher has focused on lifestyle coverage, diversifying its revenue and making itself a destination for local brand dollars. The post How digital upstart Charlotte Agenda makes local news profitable appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-06-07 00:00:00 UTC ]
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Big Green Bookshop's Simon Key lands parenting book deal

Independent bookseller Simon Key has been snapped up to write a book with Head of Zeus, based on his parenting tweets. Continue reading at The Bookseller

[ The Bookseller | 2017-05-24 00:00:00 UTC ]
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Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Journalism faces a crisis worldwide – we might be entering a new dark age | Margaret Simons

Almost anyone can use the worldwide web to be a media outlet, so how will we differentiate between truth, myth and lies? Australia’s two largest legacy media organisations recently announced big cuts to their journalistic staff. Many editorial positions, perhaps up to 120, will disappear at... Continue reading at The Guardian

[ The Guardian | 2017-04-15 00:00:00 UTC ]
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Bookstore News: April 13, 2017

Amazon sets date to open Lynnfield, Mass., store; new kids store lands in North Carolina; Delaware LGBTQ store to close; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-13 00:00:00 UTC ]
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USC's JuJu Smith-Schuster would welcome staying home to play for Rams or Chargers

The Rams added a former USC receiver to the roster when they signed free agent Robert Woods, the Trojans’ all-time receptions leader. Could they add another in next month’s NFL draft? USC’s JuJu Smith-Schuster, who attended Long Beach Poly High, said Wednesday that he would be happy to play for... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-03-23 00:00:00 UTC ]
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Bookstore News: March 13, 2017

Memorial for Minneapolis bookseller set; Tucson, a thriving book town; Bangor children's bookseller moves on; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-13 00:00:00 UTC ]
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Book Deals: Week of March 13, 2017

Kristan Higgins moves houses for seven figures, a millennial activist gets six figures at S&S, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-10 00:00:00 UTC ]
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This Week's Bestsellers: March 13, 2017

'The Hate U Give,’ a debut YA novel inspired by the Black Lives Matter movement, lands at #7 in children’s front list fiction. Plus ‘Portraits of Courage’ by George W. Bush is tops in Texas, and the movie ‘The Shack’ puts the book it’s based on all over our lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-10 00:00:00 UTC ]
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Profits Rose at Lagardere, HBG in 2016

Profits rose 5.0% at Lagardere Publishing in 2106 over 2015, helped by strict cost controls at Hachette Book Group USA which integrated the publishing arm of Perseus Books Group during the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-08 00:00:00 UTC ]
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Creative Access to continue as non-profit social enterprise

Creative Access is to operate as a not-for-profit social enterprise from this month as a result of having its funding withdrawn from the government. Continue reading at The Bookseller

[ The Bookseller | 2017-03-08 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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Bruce Springsteen helps S&S UK profits increase

Simon & Schuster UK saw a marginal boost to profits in 2016, driven by Bruce Springsteen’s Born To Run and its children’s division. Continue reading at The Bookseller

[ The Bookseller | 2017-02-18 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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Bookstore News: February 13, 2017

Bookshop Santa Cruz hosts a marathon '1984' reading; Duluth gets a new indie store; Mesa Bookstore finds new owners; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-13 00:00:00 UTC ]
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