Quarto expected to have annual profits of $12.2m

Publisher Quarto Group is aiming for profits of more than $12m this year, chief financial officer (c.f.o.) Mick Mousley said at an analysts’ dinner in London yesterday (15th October).   “Normalised profit was $11.4m (£7.1m) last year but market expectations are $12.2m (£7.6m) this year,” he told The Bookseller.   Continue reading at 'The Bookseller'

[ The Bookseller | 2014-10-17 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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New Spanish Language Imprint Launches at Quarto Group

Quarto Iberoamericana will be overseen with Quarto Group's longtime partner, the Argentina-based Catapulta Editores. It will publish 20 books a year, starting in fall 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-27 00:00:00 UTC ]
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Quarto Group’s New Argentinian Partnership Creates a Spanish-Language Imprint

Quarto Iberoamericana addresses a market of up to 550 million Spanish-language citizens, as distribution channels are arranged to deliver translations. The post Quarto Group’s New Argentinian Partnership Creates a Spanish-Language Imprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-04-27 00:00:00 UTC ]
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Quarto restructures global sales and marketing teams

The Quarto Group has implemented a new global sales and marketing structure, which has seen the English Language Sales team divided into three main channels: US Sales, UK and Europe Sales, and International Sales. Continue reading at The Bookseller

[ The Bookseller | 2017-04-25 00:00:00 UTC ]
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IPA and WIPO join forces on annual world publishing statistics

The International Publishers Association (IPA) and World Intellectual Property Organization (WIPO) are launching a new annual report of world publishing statistics. Continue reading at The Bookseller

[ The Bookseller | 2017-04-13 00:00:00 UTC ]
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Despite Upswing in Sales, Quarto Reports Loss in 2016

A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Quarto disposes of Regent Publishing Services for $7m

The Quarto Group has agreed a sale of its stake in Hong Kong-based Regent Publishing Services Ltd for $7.0m (£5.6m). Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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Quarto to Sell Regent Publishing Services

Quarto's sale of the Hong Kong-based publishing services business will allow it to focus on expanding its global illustrated book operations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-24 00:00:00 UTC ]
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Quarto pioneers series of scratch-away titles

The Quarto Group is to release a new adult craft series called Scratch & Create. The books have metallic ink layered over specially commissioned drawings, with users able to scratch away the coating and “uncover beautiful, full-colour finished artworks”. Readers of the books can also... Continue reading at The Bookseller

[ The Bookseller | 2017-03-14 00:00:00 UTC ]
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Quarto’s ‘Scratch & Create’ Chases the Adult Coloring Book Market

Instead of coloring-in, adults—Quarto's team hopes—will want to scratch-off. The company has eight titles in the pipeline for this year. The post Quarto’s ‘Scratch & Create’ Chases the Adult Coloring Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-14 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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Vilnius’ Annual Book Fair Is Open, Hailing Lithuanians’ International Projection of Their Culture

Lithuania's key event in literature builds on last year's turnout of close to 68,000 people and is geared to attractions for adult and younger readers. The post Vilnius’ Annual Book Fair Is Open, Hailing Lithuanians’ International Projection of Their Culture appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 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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Apple iBooks Category Bestsellers, February 12, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended February 12, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-17 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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