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 ]

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HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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HarperCollins to Acquire HMH Trade

The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]
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Authors Guild, HMH Partner to Publish Benefit Collaborative Novel

The Authors Guild Foundation has reached a deal with Houghton Mifflin Harcourt to publish a collaborative novel edited by the acclaimed novelist Margaret Atwood that will feature the writing of more than a dozen notable authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-19 04:00:00 UTC ]
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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 ]
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As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO

Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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Watch: How Kroger leverages “always on” analytics for real-time marketing decisions

Watch the broadcast replay here and join the conversation on Facebook, Periscope, LinkedIn and Twitter. Even the largest supermarket chain in the U.S. has to adjust to business disruptions and think fast on its feet—particularly in the aftermath of a global pandemic. To improve its marketing... Continue reading at Advertising Age

[ Advertising Age | 2021-01-26 19:00:00 UTC ]
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Watch live Jan. 26 at 2:30 p.m. EST: How Kroger leverages “always on” analytics for real-time marketing decisions

Watch the live broadcast here on Jan. 26 at 2:30 p.m. Eastern—and join the conversation on Facebook, Periscope, LinkedIn and Twitter. To RSVP, click here. Even the largest supermarket chain in the U.S. has to adjust to business disruptions and think fast on its feet—particularly in the... Continue reading at Advertising Age

[ Advertising Age | 2021-01-21 19:30:00 UTC ]
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Not a clean break

Europa Editions UK. In these days, even without a global pandemic, a company with a name like that would have to be of the adventurous type.    Continue reading at The Bookseller

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Majority of borrowed books across Ontario libraries in 2020 weren't published this year

In a year dominated by a global pandemic and American politics, some might find it fitting that the library book most likely to be checked out across Ontario was a hopeful memoir written by the former first lady of the United States. Continue reading at CBC

[ CBC | 2020-12-31 09:00:00 UTC ]
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Natasha Trethewey on Public Grief in Poetry and Memoir

Hosted by Paul Holdengräber, The Quarantine Tapes chronicles shifting paradigms in the age of social distancing. Each day, Paul calls a guest for a brief discussion about how they are experiencing the global pandemic. Guest host Eddie Glaude is joined by poet Natasha Trethewey on Episode 145 of... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-23 09:48:22 UTC ]
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Announcing a New Publishing Project and a Call for Co-Editors: Best Translations: An Annual Anthology, by The Editors of WLT

News and Events Photo by Wendy Call / www.wendycall.com Deadline for Applications: Thursday, January 7, 2021 Call for Applications: Two series co-editors, one with expertise in Asian literatures and one with expertise in Middle Eastern and/or... Continue reading at World Literature Today

[ World Literature Today | 2020-12-09 14:16:34 UTC ]
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Cover reveal: Azareen Van der Vliet Oloomi’s new novel, Savage Tongues.

Lit Hub is pleased to reveal the cover of PEN/Faulkner Award winner and author of Call Me Zebra Azareen Van der Vliet Oloomi’s next novel, Savage Tongues, which will be published by Houghton Mifflin Harcourt on August 3rd, 2021. Described as “equal parts Marguerite Duras and Shirley Jackson,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-08 15:00:43 UTC ]
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Biden time

Like many of you, last week was spent with interrupted sleep, a constant eye on US news channels and fingers crossed. This weekend brought with it the news that, subject to legal challenge, Joe Biden will become the 46th President of the United States. Putting the politics briefly to one side,... Continue reading at The Bookseller

[ The Bookseller | 2020-11-09 05:21:20 UTC ]
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What it means to get the election wrong

Yesterday morning, the New York Times asked, in a headline, “Can Biden still win?” The story made clear that he could, but as FiveThirtyEight’s Nate Silver pointed out, the question seemed backward, since President Trump seemed to be facing the thinner path to victory. That the Times framed the... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-05 13:00:02 UTC ]
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HMH Trade Group for Sale; Archer Departs

In an attempt to become a "pure-play learning technology company," HMH is looking to sell its trade group, Houghton Mifflin Harcourt Books & Media. Group president Ellen Archer has left the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-04 05:00:00 UTC ]
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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 ]
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Let’s Stop with the Realism Versus Science Fiction and Fantasy Debate

We live in unreal times. I wake up in the middle of a global pandemic to watch a reality-TV president spout conspiracy theories while dystopian corporations enact new science fiction tech. In this chaos, I’ve found myself turning to escapist fiction. Stories that conjure a different, more... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-17 08:49:57 UTC ]
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Better titles for ex-Trump staffers’ memoirs.

Another day, another announcement of a memoir from a former Trump collaborator. This time, it’s Fiona Hill, an ex-advisor who testified in Trump’s impeachment inquiry, whose “views about the future of a polarized America” will be published by Houghton Mifflin Harcourt in 2021. I have nothing... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-06 19:59:16 UTC ]
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Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Quarto Sales Fell 17% in First Half of 2020

Revenue in the publisher's U.S. group fell 21.8% in the first half of 2020 from the comparable period in 2019, and the U.K.-based Quarto said it expects that the global pandemic will impact its results in the second half of this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-30 04:00:00 UTC ]
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