Roughly a week after it announced it was cancelling its planned purchase of LSC Communications due to objections from the Department of Justice, Quad reported that second quarter sales fell 1.2% compared to a year ago. It had a net loss of $14.7 million. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
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Last week, unit sales of print books had their second consecutive week of double-digit growth over the previous week at outlets that report to NPD BookScan. For the week ended May 9, 2020, print units were up 10.5% over the prior week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-14 04:00:00 UTC ]
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Revenue in LSC Communications’ book group dropped 21.4% in the first quarter ended March 31, 2020, falling to $204 million. Lower demand for educational materials offset an increase in its trade business, the printer, which filed Chapter 11 in April, reported. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-12 04:00:00 UTC ]
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The news publishing industry may be getting squeezed by the pandemic economy, but for Interactive Advertising Bureau CEO Randall Rothenberg, it set itself up for failure long ago, by leaning too heavily on advertiser revenue. "When the United States became a national marketplace in the mid to... Continue reading at Digiday
[ Digiday | 2020-05-12 04:00:00 UTC ]
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Quad/Graphics posted a net loss of $12.4 million in the first quarter of 2020, the Wisconsin-based commercial printer reported on Wednesday, a significant improvement over its $22.8 million net loss in Q1 of 2019. Net sales dropped 14.4% year-over-year to $823 million, the company said, a... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-06 18:09:12 UTC ]
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The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
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BRAISED PORK, the debut novel by An Yu, opens with an ending. A young wife walks into the bathroom to ask which accessory her husband prefers and finds him sprawled ungracefully in the tub, drowned. Next to his body is a strange drawing: a fish with the head of a man, or a man with […] The post... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-04-21 17:00:17 UTC ]
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Small Press Distribution, which has brought titles from hundreds of independent publishers to readers for more than 50 years, is in urgent need of financial help to keep from folding. A GoFundMe campaign is aiming to raise $100,000 to cover its next month of costs, including health care for its... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-21 15:11:21 UTC ]
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Facing what it called "a significant decline in advertising revenues" as a result of the COVID-19 pandemic, Meredith Corp. says it's implementing sweeping pay cuts across 60% of its approximately 5,000 employees, suspending quarterly dividends and withdrawing the 2020 fiscal outlook it... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-20 17:45:12 UTC ]
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‘The Orange-and-White-Heeled Shoes’ looks at a shared moment between mother and daughter Continue reading at The Washington Post
[ The Washington Post | 2020-04-16 13:00:00 UTC ]
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If lockdown has New Yorkers going postal, the independent journal Civilization has revived the tradition of mail art in order to make us all feel less isolatedIn New York in the early 1960s, the pop artist Ray Johnson pioneered mail art, posting drawings and notes to friends, which he invited... Continue reading at The Guardian
[ The Guardian | 2020-04-07 12:08:05 UTC ]
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Seven Dials has won world rights at auction to Lost Without You, a book from the footballer turned actor Vinnie Jones about coping with the loss of his wife, Tanya, after her six-year battle with cancer. Continue reading at The Bookseller
[ The Bookseller | 2020-04-02 12:09:30 UTC ]
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The loss of printing capacity is one of the many concerns publishers are facing because of the new coronavirus outbreak—and the business was dealt an unhappy surprise last week when Quad unexpectedly closed its book printing facilities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
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The Racing Post, the sport’s daily trade newspaper, will relaunch a digital version of its print edition from Saturday, just Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-03-27 22:22:30 UTC ]
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Rachel Denwood, who spent a decade helping to build HarperCollins Children’s Books into a big-brand kids’ giant, is looking to build a broader base of hits in her new role at Simon & Schuster Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 05:21:13 UTC ]
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Andrea Camilleri’s posthumous novel follows two mysteries that at first seem incomprehensible. Continue reading at The Washington Post
[ The Washington Post | 2020-03-26 13:00:00 UTC ]
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• Tom Kerr: ‘We have been left with no other choice’• Cork racecourse becomes coronavirus testing centre The Racing Post, the sport’s trade newspaper, will “temporarily suspend” publication of its print edition from Friday, leaving a number of its journalists “temporarily stood down” while the... Continue reading at The Guardian
[ The Guardian | 2020-03-25 17:30:32 UTC ]
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Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m. Continue reading at The Bookseller
[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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In a data-driven industry, an age-old product becomes more relevant than ever. The post How 4 Publishers Are Turning Surveys Into Revenue appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2020-03-24 14:28:37 UTC ]
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Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller
[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Hearst CEO James Wildman has set recruited a healthcare professional to answer staff questions about the virus and started sending out daily company updates. The post ‘Revenue will fall away quite quickly’: Hearst UK CEO James Wildman on navigating crisis appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-03-23 04:01:21 UTC ]
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