Restructuring at Cengage as company reports 9% first-half revenue fall

Cengage has reported revenue of $693m in the six months to end September 2019, a fall of 9.1% from the first-half in the previous financial year ($762.6m). Continue reading at 'The Bookseller'

[ The Bookseller | 2019-11-14 21:42:50 UTC ]
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AAP Reports August Revenue Up for Trade Publishers in the US

Once again, digital audio sales show robust gains, with ebook sales largely holding steady in August. Adult sales in the US market show a rise of $22.7 million, with children's and YA also moving upward. The post AAP Reports August Revenue Up for Trade Publishers in the US appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade publishers #adult sales


Frankfurt Book Fair 2018: Cengage CEO Michael Hansen on the Company's Digital Switch

This fall, Cengage introduced Cengage Unlimited, a new digital subscription service. Does this mean the textbook's days are numbered? Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
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American Publishers Cite 3.6-Percent Rise in Trade Revenue, First Half of 2018

While audiobook sales grow, the AAP's new report show children's book sales struggling and declines in education and scholarly revenues. The post American Publishers Cite 3.6-Percent Rise in Trade Revenue, First Half of 2018 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-09-07 00:00:00 UTC ]
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Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff

'Underlying operating revenue and profit numbers for Penguin Random House in US dollars have been stable year-over-year,' Markus Dohle tells PRH staff, following the half-year report from Bertelsmann. The post Germany’s Bertelsmann Reports a Half-Year Decline at PRH; Dohle Messages Staff... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post germany #bertelsmann reports


Hachette reports 'standout' first half of 2018

Hachette UK has reported a "standout" first half of the year with sales "considerably up" year-on-year. Continue reading at The Bookseller

[ The Bookseller | 2018-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette reports #hachette uk


Audio Publishers Association Reports a 22.7-Percent Jump in 2017 Revenue

A six-year trend of double-digit growth year-over-year continues, according to the new report for 2017 from the US Audio Publishers Association. Audiobook sales last year totaled more than $2.5 billion. The post Audio Publishers Association Reports a 22.7-Percent Jump in 2017 Revenue appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook sales #year totaled


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 ]
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Facebook shares fall as FTC confirms it is investigating the company's privacy practices

The Federal Trade Commission confirmed Monday that it opened an investigation of Facebook and the Senate Judiciary Committee called on the company’s chief executive, Mark Zuckerberg, to testify as scrutiny mounts over the social media giant’s handling of user data. The unfolding crisis at... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #privacy practices #mark zuckerberg #user data


Stocks fall as Facebook leads tech companies down

A sharp loss for Facebook is helping to pull technology companies lower as stock indexes decline in early trading. Facebook slumped 5.3% early Monday. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-19 00:00:00 UTC ]
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Indigo Reports Its Highest Quarter Revenue Ever

Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-07 00:00:00 UTC ]
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US trade publisher sales flat in first half of 2017, reports AAP

US publishers' trade book sales were flat for the first seven months of 2017, according to statistics released by the Association of the American Publishers (AAP).  Continue reading at The Bookseller

[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Sexual harassment reported by over half in trade survey

Just over half of the 388 respondents to The Bookseller’s survey on sexual harassment within the book industry said they have experienced harassment, with 54% of women and 34% of men stating that they had suffered abuse. Continue reading at The Bookseller

[ The Bookseller | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sexual harassment #book industry


Bloomsbury's first half revenues soar 15%

The Bloomsbury Group’s revenues soared by 15% to £72.1m for the first six months of its financial year, helped by J K Rowling’s Harry Potter books which boosted sales in the publisher’s children’s division by 33%. Continue reading at The Bookseller

[ The Bookseller | 2017-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomsbury group #financial year #boosted sales


French publisher Liberation now gets half of mobile ad revenue from Facebook Instant Articles

Over half of Liberation's mobile revenue comes from Facebook Instant Articles, which accounts for 10 percent of its mobile pageviews. The post French publisher Liberation now gets half of mobile ad revenue from Facebook Instant Articles appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-10-04 00:00:00 UTC ]
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PRH revenues stable in first half

Penguin Random House’s revenues in the first half of 2017 have remained stable at €1.5bn (£1.38bn), building marginally on 2016's first-half revenue by 1.1% year-on-year, its parent Bertelsmann has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-09-01 00:00:00 UTC ]
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Profit and revenue rise in Elsevier's first half

Publisher Elsevier saw revenue up 11% in the first half of 2017, to £1,171m, although underlying growth was a more modest 2%. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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AAP's First Report on 2016 Shows Sales, Revenue Down

The industry sales report for 2016 found that total revenue for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total revenue last year was $14.25 billion, down from $15.26 billion in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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Tough Higher Ed market hits Cengage revenues

Cengage’s adjusted revenues stood at $1.5bn for the fiscal year 2017, down 10% from the prior year, the company has told investors, ahead of posting its annual report later this month. Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prior year #annual report