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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EXCLUSIVE: Curalate raises huge Series C round

Curalate, the image monetization software provider based in Center City, just tacked on $27.5 million more in venture funding through a Series C round. Local firm First Round Capital joined the round, which was led by NEA in Silicon Valley. Curalate is now backed by more than $40 million as it... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$40 million #silicon valley


Pearson restructure to hit 500 UK jobs

Pearson is set to axe 500 jobs in the UK as part of its restructure this year, The Bookseller understands. Continue reading at The Bookseller

[ The Bookseller | 2016-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bookseller understands


Linda Thomas Brooks to Lead MPA, The Association of Magazine Media

Linda Thomas Brooks has been tapped to serve as the next president and CEO at MPA, The Association of Magazine Media, the leading magazine trade organization. She will succeed Mary Berner, who left in September to serve as chief executive of Cumulus Media.Ms. Brooks most recently was co-founder... Continue reading at Advertising Age

[ Advertising Age | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine media #gm mediaworks #martin agency


Authors lead support for My Library By Right campaign

Authors Ali Smith, Neil Gaiman and Joanna Trollope have led a wave of “tremendous support” for CILIP’s legal fight for libraries as its campaign petition tops 7,000 signatures. Continue reading at The Bookseller

[ The Bookseller | 2016-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #neil gaiman #joanna trollope #legal fight


Open Road Restructures, Adds New Execs

Open Road has implemented a new organizational structure that it said will help it become a broader digital content company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open road #organizational structure


#DiverseDecember creators expand 'hugely popular' social media campaign to run for all of 2016

The original hashtag, created after the World Book Night failed to include BAME authors on its giveaway list, has rebranded as #ReadDiverse2016 to ‘celebrate diversity in all its forms’ for the whole year#DiverseDecember, last month’s celebration of writers of colour, was “hugely popular”... Continue reading at The Guardian

[ The Guardian | 2016-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book bloggers #books selected #read books #highlight books


Foreman to lead Man Booker 2016 judges

Biographer and historian Amanda Foreman is to chair the 2016 Man Booker Prize jury, and will be backed by a critic, a novelist, a poet and an actor. Continue reading at The Bookseller

[ The Bookseller | 2015-12-15 00:00:00 UTC ]
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'Huge, untracked shadow industry' in ebooks

Shrinking publisher market share in digital books has given the “illusion” of an ebook plateau, but there is a “huge, untracked shadow industry” of self-published titles growing faster, The FutureBook Conference has heard. Continue reading at The Bookseller

[ The Bookseller | 2015-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital books #futurebook conference


Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical books #job losses #harper lee #cut jobs


Senior appointments at PRH ANZ following restructure

Penguin Random House Australia and New Zealand has made several changes to its senior team following the announcement the company would make 15 people redundant last week. Continue reading at The Bookseller

[ The Bookseller | 2015-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #senior appointments #senior team


Archer to Succeed Gentel at HMH Trade

Houghton Mifflin Harcourt Trade president Gary Gentel has announced that he is retiring in 2016, and will be succeeded by Ellen Archer, former president and publisher of Walt Disney Co.’s Hyperion Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ellen archer #hmh trade #walt disney #hyperion books


Guadalajara - a hugely enriching cultural and commercial event

Richard Mollet on the importance of the Guadalajara International Book Fair to British publishers. Continue reading at The Bookseller

[ The Bookseller | 2015-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #richard mollet #british publishers


Sales, Losses Inch Up at Books-A-Million

Led by adult coloring books, third quarter sales at Books-A-Million rose 0.4%, but the loss increased to $7.1 million from $6.9 million in last year's third period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


Corbett leaves S&S after restructure

Simon & Schuster has restructured its marketing and publicity teams, with communications director Hannah Corbett leaving the publisher after 13 years. Continue reading at The Bookseller

[ The Bookseller | 2015-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #publicity teams


Authors on the Air November 19, 2015: Gavin McCrea

Gavin McCrea, author of 'Mrs. Engels' (Catapult, 978-1-9367-8729-6) will be interviewed by 'Studio360' host Kurt Andersen on the program which airs Thursday, November 19 on WNYC at 8 p.m. ET. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-19 00:00:00 UTC ]
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Time Inc UK to move dozens of titles out of London in restructuring

Publisher of Marie Claire and NME to announce major changes that will involve 300 staff being relocated The publisher of Marie Claire and NME is set to announce a major restructure of its UK business that will see 30 titles and brands and 300 staff relocated outside London.Time Inc UK owns more... Continue reading at The Guardian

[ The Guardian | 2015-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk business #marie claire #major restructure #country life #homes gardens #horse hound


HMH Launches SF/F List Curated by 'Best American' Series Editor

Houghton Mifflin Harcourt has unveiled a new line of curated science fiction and fantasy titles. The eponymous line will be overseen by one of the editors of the publisher's Best American series, John Joseph Adams. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american series #fantasy titles


Q3 Down at HMH Trade Group

Sales at Houghton Mifflin Harcourt’s trade publishing division fell 7% in the third quarter ended September 30, 2015 and net income dropped to $164,000 from $3.5 million in the third quarter of 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-05 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales jump #8% increase


iBooks Bestsellers: ‘Rogue Lawyer’ Leads

Nicholas Sparks' 'See Me' fell to #3 in its second week out; losing the top spot to John Grisham's 'Rogue Lawyer.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #rogue lawyer #nicholas sparks #john grisham