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'


Severn House acquisition pushes Canongate to 2017 loss

Canongate made a loss last year despite a rise in turnover because of the significant purchase costs of acquiring Severn House Publishers and the writing off of "some sizeable, unearned advances". Continue reading at The Bookseller

[ The Bookseller | 2018-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #canongate made


With a Murdoch in Charge, a Start-Up Leads the Way on Mobile Video

The set of Brother, Vertical Networks’ irreverent digital magazine for young men, which publishes daily on Snapchat and Facebook. Continue reading at The New York Times

[ The New York Times | 2018-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile video #vertical networks #young men


'Billy Bunter' deal sees Oxford publisher amass huge comic collection

Oxford company Rebellion now has the world's biggest collection of English language comic book properties. Continue reading at BBC News

[ BBC News | 2018-09-28 00:00:00 UTC ]
More news stories like this |


Len Riggio Says He's Ready to Lead B&N Through the Holidays

Although the CEO acknowledges there is work to be done, he sees lots for opportunities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #len riggio


Awesome Reads signs Selberg to lead children’s list

IP and production company Awesome Media & Entertainment (AM&E) has hired Ingrid Selberg to lead its new publishing arm. Continue reading at The Bookseller

[ The Bookseller | 2018-09-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lead children #publishing arm


Penguin Random House leads William Hill longlist

Penguin Random House (PRH) has four books on the longlist for this year’s William Hill Sports Book of the Year, which celebrates excellence in sports writing. Continue reading at The Bookseller

[ The Bookseller | 2018-09-20 00:00:00 UTC ]
More news stories like this |


DK Restructures U.S. Management

DK is reorganizing its North American leadership structure, according to a letter from Mary Marotta, senior v-p, to staff. Among the changes is the appointment of Carol Stokke as the head of the sales team. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mary marotta #sales team


Tauber to Lead Chronicle's New Imprint

Mark Tauber, formerly senior v-p and publisher at HarperOne, will lead Chronicle Books' new nonfiction imprint that will launch in fall 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mark tauber #nonfiction imprint


Shrink's 'relateable' weight-loss guide to Aster

Octopus imprint Aster has acquired a weight-loss programme from psychotherapist Philippe Tahon, based on mindfulness techniques and positive thinking.  Continue reading at The Bookseller

[ The Bookseller | 2018-09-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #positive thinking


Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #q1 sales #losses rise #barnes noble


David Rosenthal to Join HMH as Editor-at-Large

David Rosenthal, whose Blue Rider Press imprint was shuttered last year by Penguin Random House, is joining Houghton Mifflin Harcourt. He has been tapped as an editor-at-large at HMH. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david rosenthal


S&S Restructures Sales Group

In a memo to employees, Simon & Schuster senior v-p of sales Gary Urda outlined a new structure for the sales division that he said “will add a number of new positions to our selling efforts and leave us better positioned to accomplish our ambitious goals.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales division


Scholastic signs 'huge-hearted' middle grade title

Scholastic has acquired a "huge-hearted" middle grade story of bravery and hope as its lead title for Frankfurt Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2018-09-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic signs #lead title


Fashion Magazines and Their Dramatic September Weight Loss Stories

Here we are in the third year of our September weigh in, and to probably nobody’s surprise, the news is not good. For those of you who are unfamiliar with this feature, we began weighing and measuring some of the top fashion magazines to see how they stack up (literally and figuratively) against... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long ago #white women #trim sizes #paper stock


Apple iBooks Category Bestsellers, August 19, 2018

The bestselling iBooks in biographies and memoirs, fiction and literature, mysteries and thrillers, and more for the week ended August 19, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


B&N Education Sales Fall 5% in Q1, Loss Up Slightly

Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
More news stories like this |


News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing... Continue reading at The Guardian

[ The Guardian | 2018-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sunday times #digital news #net loss


Investments Led to Higher Loss at Indigo

Investments in Indigo’s Canadian retail network led to an increase in the company’s losses, which rose to C$15.4 million last quarter. CEO Heather Reisman said the investments will position the book chain for future growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book chain #future growth


HMH Trade Sales Down 15% in Q2

With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #frontlist titles


Review: Amandla Stenberg leads the charge in the been-there, done-that dystopia of ‘The Darkest Minds’

You’ve seen this future before. “The Darkest Minds” is the latest YA dystopian book series to get the Hollywood treatment, and it’s reached the point where there’s barely any effort to hide or tweak the commonalities: teens led by a charismatic unsung hero, superpowers, holding facilities, hunts,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-02 00:00:00 UTC ]
More news stories like this |