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

Other Publishing stories related to: 'Restructuring, Covid-19 Leads to Huge HMH Loss'

In the Field: Stopping the Covid Slide

Suzanne Tonini, collection development supervisor for Denver Public Schools, shares how her the city’s public schools and libraries are continuing to meet students’ educational needs amid the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-05 04:00:00 UTC ]
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Ingram sees 'huge swing' to print on demand during coronavirus

The coronavirus pandemic has seen a “huge swing” towards print on demand (p.o.d.), Ingram's senior vice-president David Taylor has said.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 09:42:17 UTC ]
More news stories like this | News stories tagged with: #coronavirus pandemic

Publishing Covid-19 innovations must continue says Smart

Readers will expect publishing's innovations during the pandemic to continue after the current crisis has passed, DK publishing m.d. Rebecca Smart has said. Continue reading at The Bookseller

[ The Bookseller | 2020-06-01 18:32:22 UTC ]
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Blackwell's to close five university branches following Covid-19 crisis

Blackwell's is closing five of its university campus branches to "protect the future health" of its business following the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-06-01 17:14:38 UTC ]
More news stories like this | News stories tagged with: #covid-19 crisis #coronavirus crisis

Ford transforms Covid-19 key workers into superheroes

Illustrator Jason Ford has given key workers a superhero makeover in a competition run by Laurence King Publishing (LKP). Continue reading at The Bookseller

[ The Bookseller | 2020-06-01 08:55:14 UTC ]
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4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | May 29

As the month of May comes to a close, and things slowly start to sort of resemble the way they were before March, we continue to see publishers step up and help out their communities. For more than eight weeks we have spotlighted these efforts and have given shout-outs to publishers from every... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-29 16:34:42 UTC ]
More news stories like this | News stories tagged with: #restaurant workers #money raised #give back #video platforms #increase awareness #draw attention

Friday’s BookExpo Online Sessions Schedule; Jonathan Karp To Lead S&S

The news of Jonathan Karp's promotion to CEO of Simon & Schuster coincides with the conclusion of BookExpo's US trade show 2020 digital sessions. The post Friday’s BookExpo Online Sessions Schedule; Jonathan Karp To Lead S&S appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-29 11:43:21 UTC ]
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News Corp announces end of more than 100 Australian print newspapers in huge shift to digital

Print editions of dozens of regional newspapers to finish, with sweeping job cuts feared‘Gutting’: News Corp Australia’s newspaper print closures will leave ‘thousands of stories’ untoldNews Corp Australia has confirmed that more than 100 local and regional newspapers will become digital only or... Continue reading at The Guardian

[ The Guardian | 2020-05-27 23:38:41 UTC ]
More news stories like this | News stories tagged with: #huge shift #print editions #regional newspapers #significant number #job losses #executive chairman #michael miller #news corp

Coronavirus Impact: Amid Losses, Poland Stages Its First Digital Book Fair

Trends reported by Polish publishers show downturns in sales of as much as 70 percent during the spring, and the cancellation of the Warsaw Book Fair has seen the market stage a digital effort, BookTarg. The post Coronavirus Impact: Amid Losses, Poland Stages Its First Digital Book Fair appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-27 14:49:28 UTC ]
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You can now rent BBQ grills from Finnish libraries thanks to COVID-19

Even before the pandemic, Finnish libraries were usually more versatile than most libraries around the world. The COVID-19 pandemic has changed hundreds of millions of people’s lives in countless ways since it went global in February of this year. Working from home quickly became a norm, online... Continue reading at Fast Company

[ Fast Company | 2020-05-27 07:20:21 UTC ]
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New Tech, Fewer Reporters: Challenges Facing South Asian Newsrooms Post-COVID

Editors from several South Asian news publishers including The Quint (India), The Hindu (India), Times of India (India) and The Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-26 18:00:38 UTC ]
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How Public Libraries Are Handling Summer Reading During COVID-19

Find out how some libraries are shifting summer reading programs into digital spaces, maintaining their communities, and learning from the process. Continue reading at Book Riot

[ Book Riot | 2020-05-26 10:33:13 UTC ]
More news stories like this | News stories tagged with: #libraries #public libraries

University Presses must 'be part of solution' for Covid-hit institutions

University Presses need to make sure their institution's senior management teams think of them as part of the solution to the challenges of the coronavirus pandemic, a University Press Redux Online webinar heard last week. Continue reading at The Bookseller

[ The Bookseller | 2020-05-25 18:15:39 UTC ]
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The Australian Book Industry Awards’ Digital Show: Undaunted by COVID-19

The transfer of the 2020 Australian Book Industry Awards arrives as a slickly edited, expertly produced video evocation of the usual onstage event, full of personality and comedy. The post The Australian Book Industry Awards’ Digital Show: Undaunted by COVID-19 appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-20 16:56:37 UTC ]
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Bloomsbury Hoping Digital Gains Will Soften Covid-19 Impacts

Bloomsbury Publishing reported a 10% profit increase in the fiscal year ended February 29, 2020, over fiscal 2019. The publisher said its business in the current fiscal year has suffered "significant disruption" because of the coronavirus pandemic, but said it is "well placed to benefit from... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-20 04:00:00 UTC ]
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Bauer to Close, Merge or Sell Ten Magazines as Covid-19 ‘Accelerates Trends’

Magazine publisher Bauer Media plans to close, merge or sell ten of its print titles it says will not be Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-19 17:01:09 UTC ]
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Hanley Wood Lays Off Staff and Cuts Salaries, Citing COVID-19 Decline

Hanley Wood, the D.C.-based B2B media company serving the real estate, residential design and construction sectors, laid off several employees last week and implemented salary reductions for others, multiple sources tell Folio:. A Hanley Wood rep declined to provide details, but confirmed the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
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Digital Bestseller Lists: Normal People leads the way

For the week ending 9th May, Sally Rooney’s Normal People punted into the Bookstat e-book number one, climbing one place to leapfrog Andrew Mayne’s The Girl Beneath the Sea. Continue reading at The Bookseller

[ The Bookseller | 2020-05-16 12:06:19 UTC ]
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4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | May 15

As folks around the country are becoming more optimistic about returning to “normal,” most recognize we still have a long way to go. Publishers have not been immune to the economic and human impacts of COVID-19, but week after week we continue to spotlight those that are looking forward and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-15 16:02:17 UTC ]
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Faith-Based Books Multiply on Covid-19 Crisis

Religion publishers are racing to respond to the global Covid-19 pandemic with titles aimed at encouraging and comforting readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #covid-19 crisis #religion publishers #titles aimed