Q1 Profits Jumped at EDC

Profits for the first quarter ended May 31, 2021, rose 79% at Educational Development Corp. Sales increased 6.5%, to $40.8 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-07-08 04:00:00 UTC ]
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Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | All news stories tagged with: #unprofitable company


Snap has three years to make a profit before it runs out of money

In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-19 14:00:00 UTC ]
More news stories like this | All news stories tagged with: #unprofitable company


Ad-Free, Print-Only and Profitable, Kazoo Is Pushing Girls to Think Bigger

As is very often the case with great ideas, it was first inspired among the bookshelves. Browsing Barnes & Noble one day in the Spring of 2016, Erin Bried—an industry vet whose lengthy Condé Nast career had come to a layoff-induced end just months earlier—was disappointed by the retailer's... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-10 00:00:00 UTC ]
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How Austrian publisher Die Presse made its video business profitable

The Austrian news publisher has grown video revenues to 10% of digital ad revenue. The post How Austrian publisher Die Presse made its video business profitable appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-04-10 00:00:00 UTC ]
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Jump! Buys Bearport Publishing

The purchase adds 1,050 curriculum-aligned books for children in grades PreK-8 to Jump!'s list of nonfiction children's works for reluctant and emergent readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-08 00:00:00 UTC ]
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HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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Egmont reports 'record' revenue and profit growth

Scandinavian media company Egmont, which owns children’s book specialist Egmont Publishing, has reported “record” revenue and profit growth for 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-03-16 00:00:00 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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Profits Fell at Lagardère Publishing in 2018, But Rose at HBG

Earnings at Lagardère Publishing fell 9.6% in 2018 compared to 2017, but increased at its U.S. subsidiary, Hachette Book Group, where sales were up 3.7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-13 00:00:00 UTC ]
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YA star Jarratt jumps to adult novels with Trapeze

Carnegie Medal-nominated YA author Laura Jarratt is swapping children’s books for adults, and has struck a deal with Trapeze. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
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Elsevier records 2% lifts in revenue and profits

Elsevier saw 2% underlying revenue growth in 2018, according to the latest annual financial results filed by parent company RELX, to a total of £2,538m. Continue reading at The Bookseller

[ The Bookseller | 2019-02-22 00:00:00 UTC ]
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S&S 2018 Profits Up, Despite Small Sales Decline

A 7% decline in fourth quarter revenue led to a 0.6% drop in sales for the full year at Simon & Schuster. The publisher still posted a 6% increase in operating profits over 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Digital growth helps Haynes to half-year profit rise

Car manual publisher Haynes saw group profit before tax boom by almost a quarter (23%) for the six months ending 30th November 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-25 00:00:00 UTC ]
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Indies See 2018 Sales Jump 5% with ABA Adding 95 Stores

ABA executive director Oren Teicher said sales at independent bookstores rose 5% in 2018 over 2017, helped by the addition of 95 new stores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-17 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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Parragon profits fell 68% in 2018

Profits at Parragon Books Limited fell 68% last year during the wind-down of the company by DC Thomson, according to results posted on Companies House. Continue reading at The Bookseller

[ The Bookseller | 2019-01-08 00:00:00 UTC ]
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Get new manga when Japan does with Shonen Jump's subscription service

Shonen Jump, one of the most beloved and longest-running manga magazines on Earth is once again reinventing itself. First printed in 1968, the publication has hosted its American localization as an online magazine since 2012 and, come December 17th,... Continue reading at Engadget

[ Engadget | 2018-12-08 00:00:00 UTC ]
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Mirjana Pović and Hungarian non-profit win inaugural Nature Research Awards

Astrophysicist Mirjana Pović and the Association of Hungarian Women in Science have won the first ever Nature Research Awards, for Inspiring Science and for Innovating Science respectively. Continue reading at The Bookseller

[ The Bookseller | 2018-10-31 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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