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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LBF Translation Notes: Curr Leads HarperVia, Frankfurt Adds Translator Fellowships

As HarperCollins' Judith Curr launches the HarperVia translation imprint, the Frankfurter Buchmesse opens a new program for translators of German-language fiction and nonfiction. The post LBF Translation Notes: Curr Leads HarperVia, Frankfurt Adds Translator Fellowships appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-12 00:00:00 UTC ]
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‘We’ve made a huge mistake’: European publishers sound off on subscriptions and tech talent shortages

At the Digiday's Publishing Summit Europe, publishers discussed growing reader revenue strategies and the changing programmatic landscape. The post ‘We’ve made a huge mistake’: European publishers sound off on subscriptions and tech talent shortages appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-06 00:00:00 UTC ]
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This $19 eBook bundle can teach you how to build your own robots

Robots have appeared in popular culture since the early 20th century. And, most of the time, those appearances have led to the fear and mystification of technology. In reality, robots are nothing more than machines following a set of instructions. And now virtually anyone can get acquainted with... Continue reading at PC World

[ PC World | 2019-03-01 00:00:00 UTC ]
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Sales Rose 10.6% in 2018 at HMH Trade

The 2018 sales increase in the Houghton Mifflin Harcourt trade group was led by higher licensing income. Meanwhile, the net loss for the entire company, which includes the education division, was cut to $90.5 million from $135.1 million in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hmh trade #net loss #entire company #education division


Macmillan Restructures Sales Division

Macmillan has overhauled its sales operations in what executive v-p of sales Jenn Gonzalez said is a move aimed to more closely align the sales division with the needs of Macmillan’s customers and its publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
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HMH Trade Forms Audiobook Unit

The newly formed HMH Audio will release its first titles this fall and plans to release 75 titles annually drawn from its adult and young reader lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-20 00:00:00 UTC ]
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Transworld acquires Dr Ranj weight loss book

Transworld Publishers has acquired Dr Ranj Sing's Save Money Lose Weight, the tie-in to the ITV television programme of the same name. Continue reading at The Bookseller

[ The Bookseller | 2019-02-11 00:00:00 UTC ]
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Hachette restructures international sales team

Hachette UK has announced a new structure for its international sales team, with three members being promoted to director roles. Continue reading at The Bookseller

[ The Bookseller | 2019-02-06 00:00:00 UTC ]
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'A real loss': MUP and the 'terrible' decision that rocked Australian publishing

When five members of the Melbourne University Publishing board resigned, high-profile Australians made their feelings knownIt’s not every day that the internal machinations of a university press should be felt at the top echelons of politics. But as news broke on Wednesday that five members of... Continue reading at The Guardian

[ The Guardian | 2019-02-02 00:00:00 UTC ]
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Vice to axe 250 staff in latest round of digital media job losses

Cuts follow recently announced redundancies at HuffPost and BuzzFeedVice has announced plans to sack 250 staff, as a wave of job cuts affecting the digital media industry continues to hit companies around the world amid questions over the sustainability of ad-supported online publishing.Almost... Continue reading at The Guardian

[ The Guardian | 2019-02-01 00:00:00 UTC ]
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HMH Trade in Realignment

An HMH spokesperson said the realignment included "a limited set of position eliminations, as well as the creation of new roles to meet our business goals." Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-29 00:00:00 UTC ]
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Three leave as PRH Children’s restructures rights team

Penguin Random House Children’s is restructuring its rights team in a move that will see Camilla Borthwick, Joanna Lawrie and Catherine Harrison leave the company. Continue reading at The Bookseller

[ The Bookseller | 2019-01-23 00:00:00 UTC ]
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Ross’ Monster sales lead illustrator ranking

Tony Ross has yet again topped The Bookseller’s chart of the bestselling children’s illustrators, with his books earning almost twice the total of his closest rival, Axel Scheffler, in 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-23 00:00:00 UTC ]
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Slim pickings: Wicks, Kerridge lead New Year, New You charge

British book buyers awoke in January from their collective holiday hangover/food coma and embraced "New Year, New You" tightly, with 12 titles in last week's UK Official Top 50 in the healthy eating, fitness and personal development space, led by Joe Wicks' latest chart-topper. Continue reading at The Bookseller

[ The Bookseller | 2019-01-09 00:00:00 UTC ]
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Ireland’s Sally Rooney Leads Costa Prize Category Winners

The acclaimed young Irish author Sally Rooney is the winner of the 2018 Costa Book Prize in the novel category. The overall Costa Book of the Year is to be named January 29. The post Ireland’s Sally Rooney Leads Costa Prize Category Winners appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-08 00:00:00 UTC ]
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'Leading the entertainment pack': UK print book sales rise again

Bestsellers including Michelle Obama’s Becoming cited as reasons for success, with industry voices praising sector for fourth consecutive year of growthFormer first lady Michelle Obama’s memoir, Becoming, which sold more than half a million copies in less than two months, has helped the UK book... Continue reading at The Guardian

[ The Guardian | 2019-01-03 00:00:00 UTC ]
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Vogue publisher Condé Nast reports annual loss of £14m

The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end... Continue reading at The Guardian

[ The Guardian | 2019-01-03 00:00:00 UTC ]
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Dryden to lead Headline Review's commercial fiction team

Eleanor Dryden, currently publishing director at Bonnier Zaffre, is joining Headline Review in April to head up its commercial fiction team. Continue reading at The Bookseller

[ The Bookseller | 2018-12-15 00:00:00 UTC ]
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Sean Parker built Napster and helped lead Facebook. Now he’ll guide you to the beach

When Sean Parker crossed California's beach access police over his wedding in Big Sur, the tech billionaire agreed to create a coastal access app for the people. The app launches Thursday after an unusual collaboration between two very different, but very California, worlds. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-14 00:00:00 UTC ]
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Literary agent ordered to pay $500,000 to Australian author Kate Morton after lawsuit loss

Selwa Anthony had sued the bestselling writer, claiming she was entitled to 15% commission on all royalties Internationally bestselling Australian author Kate Morton has fended off a lawsuit by her former literary agent, who instead has to pay the writer more than $500,000.Selwa Anthony sued... Continue reading at The Guardian

[ The Guardian | 2018-12-10 00:00:00 UTC ]
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