RELX revenues drop 10% as Exhibitions business plunges

RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at 'The Bookseller'

[ The Bookseller | 2020-07-23 02:26:48 UTC ]
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RELX reports 'significant impact' to exhibitions business owing to coronavirus

RELX, whose Reed Exhibitions business organises the London Book Fair and BookExpo, has published a trading statement revealing exhibitions are being "impacted significantly" by the coronavirus outbreak, making the group's outlook for the year as a whole "highly uncertain". Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 07:29:50 UTC ]
More news stories like this | News stories tagged with: #relx #london book fair #significant impact #coronavirus outbreak


Revenue at Reed Exhibitions Sank 71% Last Year

The company behind the London Book Fair, the “retired” BookExpo, and other publishing-adjacent events saw revenue plunge by 71% in 2020 compared to 2019. Reed said that, due to the pandemic, it is managing its 2021 event schedule “flexibly.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-11 05:00:00 UTC ]
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Pearson sales drop 10% in 'challenging' 2020

Pearson has reported group sales fell 10% in 2020 in its January trading update, reflecting the continuing impact of Covid.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-19 21:27:03 UTC ]
More news stories like this | News stories tagged with: #pearson


Scholastic revenues plunge 32% but trade sales up in second quarter

Scholastic saw revenues plunge 32% year on year to $406.2m and operating income fall 54% in the second quarter, as its business continued to be hit by the pandemic, although trade sales rose. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 18:36:39 UTC ]
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Hachette UK hails 'stellar' quarter but Lagardère sees revenue plunge 38.3%

Hachette UK has reported a “stellar” third quarter with year-on-year growth of 15.6% and record download revenue for e-books and audio. Continue reading at The Bookseller

[ The Bookseller | 2020-11-05 11:50:37 UTC ]
More news stories like this | News stories tagged with: #lagardère #hachette #year-on-year growth #hachette uk


‘No brainer’: Marie Claire launches sampling business to boost revenue and data practice

With retail on lockdown "Working in skincare, samples are the number-one way to get people into a product." The post ‘No brainer’: Marie Claire launches sampling business to boost revenue and data practice appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-08-03 04:01:29 UTC ]
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Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
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Revenue Tumbled 71% in First Half of 2020 at Reed Exhibitions

Revenue at Reed Exhibitions, whose businesses include BookExpo, fell to £201 million, from £684 million in the first six months of 2019, and the group had an adjusted operating loss of £117 million compared to a profit of £231 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-23 04:00:00 UTC ]
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Publishing revenues to plunge and thousands of jobs at risk, report says

Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 06:06:17 UTC ]
More news stories like this | News stories tagged with: #bookshop #print sales #including books #publishing revenues


Global revenues dip at S&S but UK business sees 'turning point'

Simon & Schuster’s global revenues for 2019 fell 1% to $814m, with a 7% decline in operating income, parent firm ViacomCBS has said. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 22:25:14 UTC ]
More news stories like this | News stories tagged with: #operating income #7% decline #global revenues #simon schuster #turning point


'Weaker' Pearson US courseware tumbles 10% but revenues set to stabilise

In a third quarter trading update, Pearson has reported "weaker than expected" performance in its US higher education courseware business, with revenue down around 10%, but it still expects revenues to stabilise for the whole group this year.  Continue reading at The Bookseller

[ The Bookseller | 2019-09-26 09:00:05 UTC ]
More news stories like this | News stories tagged with: #pearson


News Corp Australia revenues fall as advertising drops and subscriptions stay flat

Rupert Murdoch’s Australian mastheads and Foxtel suffer drop in revenue although global profits increase after huge loss in 2018Revenue at the Australian mastheads run by Rupert Murdoch’s News Corp fell by 6% last year, and the company’s pay TV operation, Foxtel, has also been hit by falling... Continue reading at The Guardian

[ The Guardian | 2019-08-09 01:33:05 UTC ]
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Revenue drop at Pottermore 'in line with expectations'

Sales and profits fell at Harry Potter site Pottermore in the year to end March 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profits fell #revenue drop


Pan Mac wins 10-way auction for Raz's business guide

Pan Macmillan has won a 10-way auction to publish a book on the "entrepreneurial path", How I Built This, from business podcaster Guy Raz. Continue reading at The Bookseller

[ The Bookseller | 2018-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pan macmillan #business guide


Bertelsmann reports highest first quarter revenues in 10 years

Bertelsmann has achieved its highest first-quarter revenues in 10 years and said it is on track to achieve net profit in excess of one billion euros for the year. Continue reading at The Bookseller

[ The Bookseller | 2018-05-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter revenues


The Business Journals is launching services to diversify its revenue

Starting with SelecTalent, the business news publisher will begin rolling out digital services for small businesses. The post The Business Journals is launching services to diversify its revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small businesses #digital services #revenue appeared


Slowdown in Self-Publishing Drops Publishing Revenue at Salem

First quarter revenue fell 7.6% in Salem Media Group's publishing division which it attributed to a slowdown in author acquisitions in its self-publishing business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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Book revenue drops 4% at W H Smith

W H Smith has reported a 2% rise in revenue and a 7% rise in pre-tax profits for the year to end August 2017. However its book business saw a like-for-like revenue drop of 4% on the previous year. Continue reading at The Bookseller

[ The Bookseller | 2017-10-13 00:00:00 UTC ]
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JS Group reports 6% revenue drop for 2016

Academic retailer JS Group has reported a 6.2% year-on-year revenue drop to £38.1m in its annual results covering the financial year ending 31st May 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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