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'

Amazon Has First Quarter Net Loss

Amazon had a first quarter net loss of $57 million, despite a 15% sales increase, to $22.72 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-23 00:00:00 UTC ]
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'Huge inequality' in writer earnings

There is a “huge inequality” in earnings between writers, with a small number – 10% - earning most of the money made by professional authors, research released today (20th April) has found. The Business of Being an Author: A Survey of Authors Earnings and Contracts was commissioned by the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #professional authors #small number #money made #research carried

Facebook Follows Netflix's Lead With Post-Play Videos

The social network, eager to get more out of its booming video player, is testing out a feature that makes it easy to binge.This week, The New York Times reported that Facebook is in talks to host content from BuzzFeed, National Geographic, and the Times within the blue confines of its own site,... Continue reading at Fast Company

[ Fast Company | 2015-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leaving facebook #host content #national geographic #billion users

Johnston Press posts pre-tax loss of £23.9m

Regional newspaper publisher also unveils deal to print Richard Desmond’s four Express and Star titles in the north of EnglandJohnston Press has reported a pre-tax loss of £23.9m for last year, and announced a lucrative deal to print Richard Desmond’s Express and Star titles in the north of... Continue reading at The Guardian

[ The Guardian | 2015-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #star titles #pre-tax loss #lucrative deal #3% decline

Todd promoted as Canongate restructures

Jamie Byng is to move into a new position at Canongate, with Jenny Todd named publisher. Byng, currently publisher and m.d., will become chief executive, freeing him up to explore new opportunities.  Todd will now oversee the publishing teams, including editorial, rights, sales, marketing,... Continue reading at The Bookseller

[ The Bookseller | 2015-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jamie byng #finance director #publishing teams #including editorial #operations director

UK leads LBF International Excellence Awards nominations

The UK is leading the nominations in the shortlists for the London Book Fair International Excellence Awards 2015, followed by the US and China. Continue reading at The Bookseller

[ The Bookseller | 2015-03-20 00:00:00 UTC ]
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HMH Celebrating 100 Years of Best American Short Stories

Houghton Mifflin Harcourt is honoring the 100th birthday of its short fiction compilation Best American Short Stories with a special anniversary edition, edited by Lorrie Moore, called '100 Years of The Best American Short Stories.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-18 00:00:00 UTC ]
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VIDEO: Pupils 'spooked' by leading author

Pupils from St Edmund Arrowsmith High School meet author Joseph Delaney and talk to him about his best-selling book The Spook's Apprentice which has just been made into a Hollywood film. Continue reading at BBC News

[ BBC News | 2015-03-17 00:00:00 UTC ]
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Apollo in the Lead to Buy Digital First Media — Sources

n">Reuters) - Buyout firm Apollo Global Management LLC is in advanced talks to acquire most of the assets of Digital First Media, publisher of the Denver Post and San Jose Mercury News, for around $400 million, according to people familiar ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy digital #advanced talks #denver post #$400 million #people familiar

Hachette, Pan Mac, Foyles lead Bookseller Industry Awards chase

A near-record haul from Hachette UK, an impressive total for Pan Macmillan and a history-making all-female Manager of the Year category are some of the highlights in this year's Bookseller Industry Awards (BIA) shortlists. Continue reading at The Bookseller

[ The Bookseller | 2015-03-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #year category #pan mac #pan macmillan

Pre-Roll Video Ads a Leading Catalyst to Ad-Blocking Growth

A new Wells Fargo Securities report put ad blocking right alongside viewability as a top challenge facing the digital publishing ecosystem.The report asked whether ad blocking is an existential threat or "just a 'Europe thing'" and netted out somewhere in the middle: "We believe the rapid rise... Continue reading at Advertising Age

[ Advertising Age | 2015-03-13 00:00:00 UTC ]
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MIA Connections Makes A Huge Impact In The Travel Industry

[Sponsored Content] Miami International Airport and HCP/Aboard Publishing takes a cutting-edge approach to engaging travelers while they are en route. The post MIA Connections Makes A Huge Impact In The Travel Industry appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-12 00:00:00 UTC ]
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Restructure at The Book People

The Book People is undergoing a company-wide restructure, with its Coventry site slated for possible closure. The mail order and e-commerce company has been undergoing an "intensive period of analysis" since venture capital company Endless LLP invested £10-20m in the business, and co-founder... Continue reading at The Bookseller

[ The Bookseller | 2015-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book people #mail order #e-commerce company

Bloomsbury, Edward Elgar and Nosy Crow lead IPG Awards shortlists

Bloomsbury, Edward Elgar Publishing and Nosy Crow have three shortlistings each at the ninth annual Independent Publishers Guild (IPG) awards. The IPG Awards today (18th February) revealed its 12 category shortlists. The winners will be announced at a gala dinner on Thursday 5th March as part... Continue reading at The Bookseller

[ The Bookseller | 2015-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nosy crow #gala dinner

Sales rise, but Foyles dips into loss

Foyles reported a loss last year due to the closure of its Westfield White City branch and the move of its new flagship store, although sales were up 2.2%. Results for the year to 30th June 2014 show that the six-shop mini-chain slipped into a loss of £600,000, up from a profit of £100,000 in... Continue reading at The Bookseller

[ The Bookseller | 2015-02-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year due #sales rise #flagship store

Good Housekeeping boosts lead over Glamour in women’s lifestyle sector

Hearst UK title lifts combined print and digital sales by 1.2% year on year, as its Condé Nast rival falls by 2.5%Good Housekeeping boosted its sales in the second half of last year to remain the most popular women’s monthly lifestyle title.The Hearst UK title overtook long-time leader Glamour... Continue reading at The Guardian

[ The Guardian | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #popular women #digital sales

Family Christian Stores Files for Bankruptcy, Will Restructure

The nation's largest Christian bookstore chain has filed for bankruptcy and plans to reorganize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-12 00:00:00 UTC ]
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Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial year #consecutive year #significant progress

iBooks Bestsellers: ‘American Sniper’ Still Leads

The enhanced ebook of Chris Kyle’s memoir held firm at the top of Apple’s bestseller list for the week ended January 26. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-28 00:00:00 UTC ]
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WoMentoring leads to Borough buy

HarperCollins imprint the Borough Press has signed a new novel after publisher Katie Espiner mentored the author through the WoMentoring programme. Continue reading at The Bookseller

[ The Bookseller | 2015-01-21 00:00:00 UTC ]
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