Restructuring, Covid-19 Leads to Huge HMH Loss

Restructuring charges and the global pandemic took a toll on Houghton Mifflin Harcourt in 2020, as the company reported a 25.8% decline in revenue in the year and a net loss of $480 million, compared to a loss of $213.8 million in 2019. HMH's trade division, which is for sale, had a 6% sales gain. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-02-25 05:00:00 UTC ]
News tagged with: #restructuring charges #net loss #global pandemic #company reported #8% decline #trade division #houghton mifflin harcourt

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PW Picks: Books of the Week, October 19, 2020

This week, we highlight new books from Claire Saffitz, Bob Gruen, and Willie James Jennings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-16 04:00:00 UTC ]
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This Week's Bestsellers: October 19, 2020

‘Humans of New York’ photographer Brandon Stanton expands his scope, and has the #3 book in the country, with ‘Humans.’ Plus Rumaan Alam’s ‘Leave the World Behind,’ a newly named NBA finalist, debuts at #4 in hardcover fiction, and podcasters Roman Mars and Kurt Kohlstedt reveal ‘The 99%... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-16 04:00:00 UTC ]
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Frankfurt Report: Italian Book Market Narrows Its Losses

The Italian Publishers Association's Ricardo Franco Levi and his staff in Milan report on progress in one of Europe's hardest hit markets. The post Frankfurt Report: Italian Book Market Narrows Its Losses appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-15 15:25:47 UTC ]
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Publishing Perspectives Talks: Italian Book Market Narrows Losses to 7 Percent

The Italian Publishers Association joins us today at Frankfurter Buchmesse Special Edition talking about its 'New Books From Italy' program. The post Publishing Perspectives Talks: Italian Book Market Narrows Losses to 7 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-15 15:25:47 UTC ]
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After losing two loved ones to covid-19, I turned to books. Here are 15 titles that helped me cope.

A selection of memoirs and novels that can help connect and lift us through these scary and sad times. Continue reading at The Washington Post

[ The Washington Post | 2020-10-07 05:22:15 UTC ]
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V&A to close dedicated bookshop and cut 10% of staff as Covid-19 hits finances

The Victoria & Albert Museum is closing its dedicated bookshop and making 103 roles redundant across its retail and visitor experience teams as the Covid-19 crisis hits its finances. Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 09:58:53 UTC ]
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Greengrass, Lloyd and Dovey to lead Swift's first season

Jessie Greengrass has followed former John Murray publisher Mark Richards to Swift Press, where she will be launching her new novel, The High House. Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 03:20:47 UTC ]
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Scribner scoops 'Covid-Age' Decameron

Scribner is to publish The Decameron Project, an anthology of 29 stories about a modern plague, written by authors including Margaret Atwood, Andrew O’Hagan, Colm Tóibín, Kamila Shamsie, Rachel Kushner and David Mitchell. Continue reading at The Bookseller

[ The Bookseller | 2020-10-02 08:28:47 UTC ]
More news stories like this | News stories tagged with: #colm tibn #kamila shamsie #rachel kushner #david mitchell #anthology

HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
More news stories like this | News stories tagged with: #digital products #publishing business #houghton mifflin harcourt

Informa issues £640m in bonds as part of Covid-19 action plan

Taylor & Francis owner Informa is issuing £640m worth of Euro bonds as part of its Covid-19 action plan. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 12:55:05 UTC ]
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Covid diaries: the members manager

Almost two years ago, I bought my mother an Alexa Show. Recently, I’ve been thinking about it and how it played a huge role during my lockdown, alongside other technology. Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 03:35:40 UTC ]
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Apparently, the White House turned the routine review process for Bolton’s book into a huge mess.

When John Bolton was preparing to publish The Room Where It Happened, his memoir of serving in the Trump White House, he and his legal team took the routine step of submitting it for review at the National Security Council. It was Ellen Knight’s job to oversee that process, as she had done... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-23 20:07:06 UTC ]
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PRH UK sends staff home as government gives new Covid guidance on the workplace

UK staffers at Penguin Random House have already been told they should again work from home if they can, following the step-change in government guidance as coronavirus infection rates rise. Continue reading at The Bookseller

[ The Bookseller | 2020-09-23 00:00:21 UTC ]
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Macmillan: Don Weisberg To Succeed John Sargent as CEO; Susan Winslow Leads Learning

John Sargent departs as CEO of Macmillan on January 1, 2021 because of 'disagreements regarding the direction of Macmillan,' says Stefan von Holtzbrinck. The post Macmillan: Don Weisberg To Succeed John Sargent as CEO; Susan Winslow Leads Learning appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-17 15:16:05 UTC ]
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Chatto & Windus to publish BBC Radio 4's Covid chronicles

This November Chatto & Windus will publish a collection of lockdown stories and experiences from BBC Radio 4’s "PM", with a foreword from the programme's presenter Evan Davis. Continue reading at The Bookseller

[ The Bookseller | 2020-09-17 13:23:06 UTC ]
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Covid diaries: the bestselling author

It's no secret that most authors are introverts. That doesn't mean that we don't enjoy bookshop events and literary festivals. Who doesn't love talking about their books or their writing process? But afterwards, we are spent, drained of energy, and need to recharge. Writing is a solitary... Continue reading at The Bookseller

[ The Bookseller | 2020-09-16 01:39:18 UTC ]
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Sharjah World Book Capital Leads Beirut Library Restoration Aid

As Beirut struggles to move forward, the Sheikha Bodour Al Qasimi and Sharjah's World Book Capital program step in to help libraries. The post Sharjah World Book Capital Leads Beirut Library Restoration Aid appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-14 18:40:21 UTC ]
More news stories like this | News stories tagged with: #move forward #world book

Honford Star delays autumn titles owing to Covid-19

Honford Star will delay the publication of two titles until next year because of "Covid circumstances", the publisher has said. Continue reading at The Bookseller

[ The Bookseller | 2020-09-13 19:10:05 UTC ]
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COVID relief and the misplaced outrage about Rage

Yesterday, NPR, along with the Robert Wood Johnson Foundation and Harvard’s T.H. Chan School of Public Health, published a bleak poll on the economic health of the nation since the pandemic began. Nearly half of respondents said their household has experienced “serious financial problems” linked... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-09-10 12:00:40 UTC ]
More news stories like this | News stories tagged with: #freelance writer #christian cooper #police brutality #climate change #marie claire #book author