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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How Colum McCann Shaped Loss Into a Book

“Apeirogon,” the latest novel from the National Book Award winner, will be released next week by Random House. Continue reading at The New York Times

[ The New York Times | 2020-02-17 11:01:40 UTC ]
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McClatchy: newspaper publisher bankruptcy is 'a loss for democracy', experts warn

Struggling company insists there will be no changes in its 30 newsrooms, but experts worry powerful journalism could be lost To executives of McClatchy, Thursday’s bankruptcy of the second largest newspaper chain in the US is the fault of its pensioners, who outnumber current employees by a... Continue reading at The Guardian

[ The Guardian | 2020-02-14 09:00:26 UTC ]
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How CollegeHumor lost its early lead

The managers of the pioneering digital media company will take the next six months to figure out a new direction. The post How CollegeHumor lost its early lead appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-01-15 05:01:41 UTC ]
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HMH Exec Buys Venerable Bookstore

Hannah Harlow, executive director of marketing of general interest books at Houghton Mifflin Harcourt, has bought the Book Shop of Beverly Farms in Beverly, Mass., together with her brother. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-14 05:00:00 UTC ]
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Faith-Based Titles Leading the 2020 Lists

We look at what religion and spirituality publishers are highlighting in the first part of the new year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-13 05:00:00 UTC ]
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Mackesy’s illustrated début is indies’ lead Christmas hit

Debut children's book The Boy, The Mole, The Fox and The Horse is proving a hit with independents in the run up to Christmas, with some bookshops reporting frustrations at not being able to replenish stocks of the title fast enough amid buoyant trading this festive season. Continue reading at The Bookseller

[ The Bookseller | 2019-12-09 19:47:28 UTC ]
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Exclusive: TEN Publishing Is Shuttering 19 Car Magazines

TEN Publishing will shutter 19 of its 22 automotive print magazines by the end of the year, leaving MotorTrend, Hot Rod and Four Wheeler as the only three titles that will continue to be published in a physical format in 2020. According to a memo sent to staffers at MotorTrend Group Friday... Continue reading at Folio Magazine

[ Folio Magazine | 2019-12-06 14:31:12 UTC ]
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PRH unveils centralised rights restructure

Penguin Random House UK has moved to a centralised rights team for the adult trade business, boosting the team by two and announcing a number of senior promotions. Continue reading at The Bookseller

[ The Bookseller | 2019-12-03 19:45:37 UTC ]
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Helen Edwards to leave Transworld in PRH rights restructure

Transworld’s rights director Helen Edwards is leaving the publisher later this month as a result of its rights reorganisation. Continue reading at The Bookseller

[ The Bookseller | 2019-12-03 09:48:03 UTC ]
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Bath branch leads the way as W H Smith revamps estate with diversity the focus

The mass-market retailer has launched a raft of changes at its Bath store, appealing to its core market of light readers and consumers of children’s titles under a new books duo. Continue reading at The Bookseller

[ The Bookseller | 2019-12-02 07:34:31 UTC ]
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Labour wins book trade’s backing as poll shows opinions hugely swayed by Brexit

The book trade has made its thoughts known in regards to which way it will likely be voting on 12th December in the coming general election, the fourth national vote in five years. Continue reading at The Bookseller

[ The Bookseller | 2019-11-21 20:08:52 UTC ]
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Science leads the way at Shanghai International Children's Book Fair

Science and STEM fiction ruled at the China Shanghai International Children's Book Fair with the country's presses also interested in illustrated non-fiction, UK publishers say. Continue reading at The Bookseller

[ The Bookseller | 2019-11-17 17:44:37 UTC ]
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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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Dover Cutting Jobs as Part of Restructuring

Dover's decision to restructure its frontlist is being accompanied by layoffs that parent company LSC Communications said are needed to align its costs structure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
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These two books will lead you down a rabbit hole to unexpected literary delights

The joys of Mark Valentine’s “A Wild Tumultory Library” and T.E.D. Klein’s “Providence After Dark and Other Writings.” Continue reading at The Washington Post

[ The Washington Post | 2019-11-06 17:06:26 UTC ]
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Photos: Convergence TV Summit with Leading Minds

As connected TV usage continues to skyrocket, linear and digital viewing is blurring like never before. New streaming services are rapidly accelerating the evolution of the TV industry. At the Convergent TV summit, Adweek editors spoke with the innovators and leaders at the forefront of this... Continue reading at AdWeek

[ AdWeek | 2019-11-05 23:00:52 UTC ]
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Agent Stephanie Barrouillet: Nonfiction Leads Global Children’s Book Scene

Publishers in many countries are finding success with nonfiction children’s books that offer illustrated explanations of complex concepts. The post Agent Stephanie Barrouillet: Nonfiction Leads Global Children’s Book Scene appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-04 06:30:22 UTC ]
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HMH Books & Media Has Down Q3

The absence of licensing income earned in last year’s third quarter led to a 27.9% decline in sales at the Houghton Mifflin Harcourt Books & Media group for the period ended September 30, 2019, compared to last year’s third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-31 04:00:00 UTC ]
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IPA’s Bodour and Setzer Lead African Focus in Conference Closer

Both the president and vice-president of the International Publishers Association led Sharjah's Publishers Conference spotlight on African publishing. The post IPA’s Bodour and Setzer Lead African Focus in Conference Closer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-30 02:24:44 UTC ]
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Duchess of Cornwall leads celebrations for Books Unlocked anniversary

The Duchess of Cornwall led celebrations for the seventh anniversary anniversary of the National Literacy Trust’s flagship criminal justice programme, Books Unlocked, which is supported by The Booker Prize Foundation. Continue reading at The Bookseller

[ The Bookseller | 2019-10-24 16:04:46 UTC ]
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