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 ]
The editor-in-chief of Lifehacker and a union representing staffers at the site each blasted parent company G/O Media on Friday for firing the site's travel writer, Imani Bashir, without severance pay after finding that it was unable to continue employing her as a non-U.S. resident. In a... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-20 16:06:59 UTC ]
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Covid-19 has hit publishers especially hard, from lost revenue due to keyword blocking and changing consumer news preferences. News Corp has been deeply affected, suffering a net loss of $1 billion in the third quarter of 2020. Stephanie Layser, vp of advertising technology at News Corp, spoke... Continue reading at AdWeek
[ AdWeek | 2020-07-15 19:21:32 UTC ]
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On May 4, Pulitzer Prize administrator Dana Canedy announced this year’s winners from her living room with some technological help Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-07-02 07:00:00 UTC ]
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We're talking to library staff about how libraries are working to plan for summer reading programs despite the limitations caused by a global pandemic. Continue reading at Book Riot
[ Book Riot | 2020-06-08 10:33:48 UTC ]
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Reidy died Tuesday of a heart attack at age 71. She joined Simon & Schuster in 1992 as president of the trade division. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-05-12 17:58:46 UTC ]
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Global revenues at HarperCollins fell 2% year on year for the three months ending 31st March while parent firm News Corp reported an 8% decline over the same period. Continue reading at The Bookseller
[ The Bookseller | 2020-05-10 13:25:40 UTC ]
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Amid a global pandemic, thousands of people are reading... ‘The End of October,’ about a fictional pandemic. Plus ‘Good Morning America’ book club pick ‘Oona Out of Order’ cracks the fiction list, and the Hulu adaptation of ‘Normal People’ boosts paperback sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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Total sales at Houghton Mifflin Harcourt fell only 2.4% in the first quarter of 2020 compared to a year ago, but the educational and trade book publisher said it expects its business to be "severely impacted" by the Covid-19 pandemic in the second quarter. It is projecting that most schools will... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-07 04:00:00 UTC ]
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Emily St. John Mandel chronicles a global pandemic and financial crisis in her novels, 'Station Eleven' and 'The Glass Hotel.' Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-23 22:16:10 UTC ]
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As the coronavirus quarantine stretches into its second month, some people are pushing the boundaries of the lockdown restrictions. Many of them are just going for a drive or trying to play Frisbee in a park. But in a number of cases, groups of protesters have gathered at town halls and other... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-04-22 11:50:46 UTC ]
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In many months this list contains five novels—but never before has it consisted of five story collections. Given the global pandemic, its effects on economies, and everyone’s anxieties, some of us are getting lost in long, complicated sagas—witness Yiyun Li’s #TolstoyTogether online book group.... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-21 08:47:00 UTC ]
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We are at the beginning of a frightening and difficult time in America. Though we glimpse—in the overflowing hospitals of Milan, the shuttered plazas of Madrid—that which may come to pass, it is impossible to know just how hard hit the United States will be by the novel coronavirus. This nation... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-16 14:00:35 UTC ]
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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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Sales and earnings slipped slightly in the second quarter of fiscal 2020 compared to the same time a year ago. The trade division saw a sales rise, and the company said it expects to hit its financial targets for the full fiscal year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-20 05:00:00 UTC ]
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Irish press Little Island Books has sold North American rights to Houghton Mifflin Harcourt for Meg Grehan’s The Deepest Breath. Continue reading at The Bookseller
[ The Bookseller | 2019-12-06 02:34:16 UTC ]
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WHEN YA PUBLISHER Houghton Mifflin Harcourt put out Ariel Schrag’s Adam in 2014, it felt predetermined that this debut novel would eventually become a movie. Indeed, the promotional materials included a trailer for an imagined film, a digital elevator pitch. Moreover, as a preexisting YA... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-10-26 17:00:36 UTC ]
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As part of a financial update released last week, Houghton Mifflin Harcourt said it plans to eliminate about 8% of its workforce in another effort to align its operations with its business objectives. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-21 04:00:00 UTC ]
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Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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Houghton Mifflin Harcourt lands a new Lois Lowry book, Julia Alvarez reemerges at Algonquin, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
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