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'


Hachette and Curtis Brown lead dealmaking

Hachette, Hodder and Curtis Brown all once again top The Bookseller’s league tables in a second look at the British publishing rights deals landscape. Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #curtis brown


Hot Property: Many roads lead to fame

It’s not just a face on the screen that makes one famous. This week’s offerings include big-name home buyers and sellers from many walks of life: radio, television, fashion and more. Once you’re done checking out these star-studded transactions, visit and like our Facebook page, where you can... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hot property #roads lead


Jon McGregor | 'I tried really hard not to toy with the reader, not to lead them down the garden path'

Literary novelist Jon McGregor explains how his fifth novel in an impressive and lauded oeuvre, his first for Fourth estate, interrogates the extraordinary within the everyday. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jon mcgregor #fourth estate


At-Home Trunk Shows Are Huge Moneymakers. I Attend One To Find Out Why

On a Wednesday evening in April, I find myself in a well-appointed home in Brookline, a wealthy Boston suburb, sipping wine and eating macarons with a dozen oncologists from the Dana Farber Cancer Institute. Sitting around a coffee table displaying Asian art and colorful books about design, the... Continue reading at Fast Company

[ Fast Company | 2017-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bottom line


HMH Trade Reports Improved Q1

Just days after laying off over 20 people in its trade division, Houghton Mifflin Harcourt reported that revenue in the division rose 16% in the first quarter ended March 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade division


‘The audience there is huge’: A guide to the most popular publisher Facebook video hacks

Facebook wants video, but it's time-consuming and expensive, which is why, for better or for worse, publishers are turning to various hacks. The post ‘The audience there is huge’: A guide to the most popular publisher Facebook video hacks appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-02 00:00:00 UTC ]
More news stories like this |


Journals lead in UK publishing’s export drive

The industry’s earnings hit a new high in 2016, according to the PA Publishing Yearbook 2016, which has put total income from invoiced sales at £4.8bn. Continue reading at The Bookseller

[ The Bookseller | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk publishing #earnings hit


Quarto restructures global sales and marketing teams

The Quarto Group has implemented a new global sales and marketing structure, which has seen the English Language Sales team divided into three main channels: US Sales, UK and Europe Sales, and International Sales. Continue reading at The Bookseller

[ The Bookseller | 2017-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #global sales #europe sales #international sales #marketing teams #quarto group


Get 'Jump Start Sketch' ebook ($19 value) FREE for a limited time

Sketch is fast becoming a favorite tool of modern web and UI designers. It’s a smart vector-based design app with a simple, clean, and intuitive interface. It has a range of powerful features, such as easy-to-use grids and layer alignment, unlimited artboards, and granular export. It’s easy to... Continue reading at Betanews

[ Betanews | 2017-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #designing ux #ebook $30


HMH Makes Another Round of Layoffs

Houghton Mifflin Harcourt ramped up its cost cutting initiatives yesterday, laying off approximately 20 people in its trade division. The company would not comment on the number of job cuts, but admitted that "organizational changes" had been made. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade division #job cuts


Despite Upswing in Sales, Quarto Reports Loss in 2016

A one-time charge associated with the sale of Quarto's Books & Gifts Direct business resulted in an operating loss for the company in 2016, but sales and profits in its core publishing operations rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss


Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


Apple iBooks Category Bestsellers, March 19, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended March 19, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


Scholastic Has Third Quarter Loss on Lower Sales

Revenue at the company fell 8.1% in the third quarter, ended February 28. The publisher reported a $15.4 million net loss in the quarter, up from $9.0 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #lower sales #publisher reported


USC can't complete another comeback in 82-78 loss to third-seeded Baylor

The gears of a March loss grind without a rulebook or a leader. In USC’s locker room Sunday evening, the loser’s soundtrack spun on autoplay: The spatter of a shower, the low hush of voices and the scraping of velcro as a staffer peeled off USC’s nameplates, the evidence that the Trojans had made... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-03-20 00:00:00 UTC ]
More news stories like this |


Hachette and Penguin Random House lead British Book Awards Books of the Year shortlists

Hachette and Penguin Random House have earned 11 shortlistings each in the British Book Awards’ Books of the Year awards, with Pan Macmillan garnering three nods and Faber and HarperCollins both winning two nominations. Continue reading at The Bookseller

[ The Bookseller | 2017-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year shortlists #year awards


English teacher's novel set to be Canongate's lead debut for 2018

Canongate has pre-empted a "rich and wild" debut novel entitled Sal by English teacher Mick Kitson ahead of London Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2017-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #english teacher


Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education market #profit warning #sharp rise #47% stake #trade publisher #underlying growth


Apple iBooks Category Bestsellers, February 19, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended February 19, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


Trade Division Bright Spot in Bad Year for HMH

Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad year #cut costs