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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Folio:’s Promise to Our Community During the Covid-19 Pandemic

I have been with Folio: for eight years now. In that time I have seen a lot of ups and downs in magazines and publishing. Mass layoffs, bankruptcies, brand closures and misplaced bets have often dominated our headlines and the narratives around our industry. While all of those unfortunate... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-17 18:18:06 UTC ]
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Coronavirus: International Publishers Make COVID-19 Research Content Freely Available

Research houses and scholarly publishers and associations are pooling their content for professional and public access free of charge. The post Coronavirus: International Publishers Make COVID-19 Research Content Freely Available appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-16 08:15:00 UTC ]
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Horace Bent and the trade take the fight to Covid...sort of

I prepared as if LBF was going to happen, beginning with a vigourous pre-fair free solo ascent of El Capitan in Yosemite with Andrew “Danger is My Middle Name” Nurnberg. Free soloing means no ropes or protective gear and I was nervously looking up at the famously tough 3,000-foot cliff face—and... Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 00:31:17 UTC ]
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Nosy Crow recruits Tinham to lead new UK field sales team

Nosy Crow has recruited Ruth Tinham to lead a UK field sales team handling independent shops, wholesalers, heritage and gift accounts in-house. Continue reading at The Bookseller

[ The Bookseller | 2020-03-12 07:24:13 UTC ]
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COVID-19 Impact Listing: Cancellations, Policy Changes, and More.

We will be maintaining a list of canceled events, impacted book industry functions and policies, and more on this list as a resource for navigating the new coronavirus and its impact on the industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
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Q&A: How AI Is Expected to Have a $19 Trillion Economic Impact by 2035

Artificial intelligence is expected to create more value for global businesses than the current worth of the entire United States economy over the next 15 years. That figure--$19.2 trillion--comes from an economic model commissioned for a new book called The AI Age by Adam Riccoboni, managing... Continue reading at AdWeek

[ AdWeek | 2020-03-11 21:34:01 UTC ]
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Agents Highlight Leading Christian Publishing Trends

Literary agents specializing in Christian publishing discuss the latest industry trends, including a growing interest in self-help as well as books geared toward millennials. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
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The Mirror and the Light shines with huge first-week sales

Hilary Mantel’s conclusion to her Thomas Cromwell trilogy sold more than 95,000 copies in three daysHilary Mantel’s much-anticipated The Mirror and the Light has been selling a copy every 2.7 seconds since its release last Thursday, with the final book in the two-time Booker winner’s trilogy... Continue reading at The Guardian

[ The Guardian | 2020-03-10 18:55:55 UTC ]
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Coronavirus: Reed Exhibitions’ BookExpo Issues COVID-19 Statement

After the late cancellation of London Book Fair due to the coronavirus, Reed says BookExpo aims for a 'proactive and transparent' response to the evolving COVID-19 situation. The post Coronavirus: Reed Exhibitions’ BookExpo Issues COVID-19 Statement appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-05 12:30:45 UTC ]
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World Book Day 2020: Duchess of Cornwall, Cowell and O'Leary lead celebrations

The Duchess of Cornwall, Dermot O'Leary and Cressida Cowell will lead celebrations for World Book Day 2020 today (Thursday 5th March). Continue reading at The Bookseller

[ The Bookseller | 2020-03-04 07:51:05 UTC ]
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Sarah Caro to lead Basic Books UK

John Murray Press has appointed Sarah Caro as publishing director of the newly created UK arm of Basic Books. Continue reading at The Bookseller

[ The Bookseller | 2020-03-03 17:36:31 UTC ]
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S&S Cancels and COVID-19 Concerns Mount for London Book Fair

With Simon & Schuster's exit from London Book Fair, other publishers are watchful–concerned both for employee safety and for cost in case of a quarantine. The post S&S Cancels and COVID-19 Concerns Mount for London Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-28 18:07:02 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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The Sun records £68m loss amid falling sales and hacking damages

Accounts show parent firm still spending an eighth of revenue dealing with phone hackingThe Sun recorded a loss of £68m last year amid falling print sales and the enormous cost of phone-hacking claims against its parent company from figures including Sir Elton John and Heather Mills.Rupert... Continue reading at The Guardian

[ The Guardian | 2020-02-23 15:59:03 UTC ]
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COVID-19: Bologna Children’s Book Fair Postponed to May

The latest in Coronavirus-19 affected world publishing events, BolognaFiere announces its major annual children's book fair and trade show is postponed. The post COVID-19: Bologna Children’s Book Fair Postponed to May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-23 11:10:27 UTC ]
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Industry Notes: Italy’s 18App Is Funded; International Book Fairs Eye COVID-19

Industry Notes: Italy's teen cultural bonus is refunded for 2020. International publishing events grapple with exhibitor, attendee worries about COVID-19. The post Industry Notes: Italy’s 18App Is Funded; International Book Fairs Eye COVID-19 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-02-20 20:18:40 UTC ]
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Walker Books leads 2020 Carnegie and Kate Greenaway longlists

Independent publisher Walker Books leads this year’s CILIP Carnegie and Kate Greenaway Medals longlists for the second year running, with 10 entries. Continue reading at The Bookseller

[ The Bookseller | 2020-02-19 23:34:53 UTC ]
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In ‘Counterpoint,’ a memoirist reflects on love, loss and Bach

Washington Post art and architecture critic Philip Kennicott looks back at his decision to learn the Goldberg Variations. Continue reading at The Washington Post

[ The Washington Post | 2020-02-18 13:28:22 UTC ]
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How Colum McCann Shaped Loss Into a Book

“Apeirogon,” the latest novel from the National Book Award winner, delves into the Israeli-Palestinian conflict through the eyes of two grieving fathers. Continue reading at The New York Times

[ The New York Times | 2020-02-17 13:14:09 UTC ]
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