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'


New imprints splash 'huge' sums

Brexit has not stopped the flow of deals struck by UK publishers at the Frankfurt Book Fair, as new imprints, “hungry” for big acquisitions, are stoking an “overheated” market. Continue reading at The Bookseller

[ The Bookseller | 2016-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deals struck #uk publishers #big acquisitions


Bookstore News: October 19, 2016

New York City loses another Barnes & Noble; Maine gains a bookstore; determined Oregon store stays open despite flooding; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore news #barnes noble


Exclusive Books mourns loss of Lauren Watson

South African bookselling chain Exclusive Books is mourning the sudden death of Lauren Watson, manager of its flagship Hyde Park store in Johannesburg. Continue reading at The Bookseller

[ The Bookseller | 2016-10-15 00:00:00 UTC ]
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Elton John memoir and Jim Broadbent comic lead FBF hotlists

A memoir from Elton John and a graphic novel from Oscar-winner Jim Broadbent are among the hottest as-yet-unsigned properties from UK agents heading into the Frankfurt Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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Canadian Magazine Awards Dispute Leads to Schism

How many awards are too many awards? The post Canadian Magazine Awards Dispute Leads to Schism appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-09-30 00:00:00 UTC ]
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Zecher Resigns as HMH CEO

Linda Zecher has resigned as CEO of the educational and trade book publisher after a five-year run. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
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Bookstore News: September 19, 2016

Bookstores are on the move in Alabama, Mississippi, and New Jersey; a bookstore gets a new life in Tampa; a Bronx bookseller’s business plan is named one of the best in the city; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-19 00:00:00 UTC ]
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Book Deals: Week of September 19, 2016

Nation Books signs a memoir from a Black Lives Matter founder, a Boston Globe columnist sells a debut YA novel to HMH, Derek Jeter’s imprint strikes a deal with Arun Gandhi, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-16 00:00:00 UTC ]
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This Week's Bestsellers: September 19, 2016

Momastery blogger Glennon Doyle Melton’s new memoir is the #1 – and #2 – book in Hardcover Nonfiction, thanks to an Oprah nod. Plus Margot Lee Shetterly writes of a group of mid-century NASA mathematicians, all African-American women, in ‘Hidden Figures,’ and a pair of new books highlight the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hardcover nonfiction #oprah nod #hidden figures #sunshine state


Bloomsbury USA Restructures

Bloomsbury has united its U.S. division under Cindy Loh, formerly U.S. publishing director of Bloomsbury Children's. George Gibson, publishing director, adult, will be leaving the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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Head of Zeus hires booksellers to lead new sales team

Head of Zeus has established its own sales team to sell and market its books to independent and high street booksellers across the UK from the beginning of September. Continue reading at The Bookseller

[ The Bookseller | 2016-09-03 00:00:00 UTC ]
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PRH leads action at bustling Beijing

Penguin Random House China revealed a host of new initiatives and acquisitions during the Beijing International Book Fair, including the launch of a new literary imprint and a partnership with Chongqing University Press. Continue reading at The Bookseller

[ The Bookseller | 2016-09-02 00:00:00 UTC ]
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Coulais appointed gift lead designer at LKP

Laurence King Publishing has appointed Charlotte Coulais in the newly created, in-house role of lead designer for gifts. Continue reading at The Bookseller

[ The Bookseller | 2016-08-13 00:00:00 UTC ]
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McAleer leaves Walker after licensing team restructure

Helen McAleer is stepping down from her role as chief global development officer and m.d. of Walker Productions, which is part of the Walker Books Group. Continue reading at The Bookseller

[ The Bookseller | 2016-08-13 00:00:00 UTC ]
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Penguin leads British Book Design Award nominations

The 2016 British Book Design and Production Awards finalists have been revealed, with publisher Penguin leading the nominations with six titles on the shortlist, followed closely by Pan Macmillan (five), with strong showings from The Folio Society (four titles), Frances Lincoln and Little Tiger... Continue reading at The Bookseller

[ The Bookseller | 2016-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pan macmillan #folio society #frances lincoln #tiger press


Trade Sales Up at HMH, But Profit Dips

Revenue in Houghton Mifflin Harcourt’s trade publishing segment rose 3.2% in the second quarter ended May 31, 2016 over the comparable period in 2015. Adjusted EBITDA fell to $322,000 from $412,000 in the second quarter of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-04 00:00:00 UTC ]
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Angels protest key play during 7-5 loss to Royals

Major League Baseball’s rulebook splayed out on his desk in Kauffman Stadium’s visiting clubhouse, Mike Scioscia spoke vehemently late Wednesday night. He believed an umpiring misinterpretation robbed his Angels of a victory that could have been theirs. Ahead by two runs on Kansas City in the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-07-28 00:00:00 UTC ]
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Tor/Forge Restructures Its Leadership

President and publisher Tom Doherty has named Patrick Nielsen Hayden associate publisher of Tor Books, effective immediately, along with Devi Pillai, who formerly led the U.S. division of Orbit Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-27 00:00:00 UTC ]
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Sonny Liew’s ‘Charlie Chan’ Leads Singapore Literature Prizes

Every two years, honors are given for outstanding work in English, Chinese, Malay, and Tamil. A record number of submissions—235 across the twelve categories—marks the 2016 awards. The post Sonny Liew’s ‘Charlie Chan’ Leads Singapore Literature Prizes appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-07-20 00:00:00 UTC ]
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Groban Out at HMH Kids

After 10 years at Houghton Mifflin Harcourt, Betsy Groban, senior v-p and publisher of children's books, is leaving the company. A spokesperson for HMH said the house has not yet found a replacement, but confirmed that a search is "underway." Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-13 00:00:00 UTC ]
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