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 ]
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PW Picks: Books of the Week, January 19, 2015

This week: an unreliable narrator and her missing daughter, a crime novel that's like watching a slow-motion train wreck, and a biography of PTSD. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-16 00:00:00 UTC ]
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Tart made Viking president in Penguin US restructure

Penguin Publishing Group in the US is to shut two of its non-fiction imprints, and bring two further imprints under one leadership structure, as part of a reorganisation which includes two staff departures. Madeline McIntosh, president of the Penguin Publishing Group, told staff about the... Continue reading at The Bookseller

[ The Bookseller | 2015-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leadership structure #staff departures #madeline mcintosh #told staff


David Walliams leads UK book sales

Comedian David Walliams led the sales of children's books in the UK last year, generating more than £7m in 2014. Continue reading at BBC News

[ BBC News | 2015-01-14 00:00:00 UTC ]
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Parragon Books restructure boosts profits to £19m

Parragon Books has posted an operating profit of £19.4m in 2014 compared to a loss of £6m the year before, thanks to a company restructure earlier in the year. For the year ending the 31st March 2014, turnover fell 14% to £48m from £56m but “the overall improvement in profitability was due to a... Continue reading at The Bookseller

[ The Bookseller | 2015-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year ending #parragon books #operating profit


iBooks Bestsellers: ‘Unbroken’ Still Leads

Following the Christmas Day premiere of the big screen adaptation of Laura Hillenbrand’s 'Unbroken,' the 2010 bestseller held firm in the #1 spot on Apple’s bestseller list (the film came in at #3 at the weekend box office). Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #laura hillenbrand ##1 spot #bestseller list


No more appeals against Suhrkamp restructure

German literary powerhouse Suhrkamp and its publisher Ulla Unseld-Berkéwic who also owns 61% of the company, have been handed an early Christmas gift by the three judges of the Federal Constitutional Court in Karlsruhe. By dismissing an injunction by minority owner Hans Barlach they have allowed... Continue reading at The Bookseller

[ The Bookseller | 2014-12-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #restructuring plan #power struggle


Bookselling Roundup, Week Ending December 19, 2014

Based on the number of indie booksellers that have announced plans to expand in the coming year—five this week—it’s clear that 2014 has been a strong year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #indie booksellers #announced plans #strong year


News Corp UK suffers £3.5m loss after £51m profit the year before

Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at The Guardian

[ The Guardian | 2014-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss #rupert murdoch #british newspapers #british newspaper #accounts filed #companies house


Brad Pitt and Seth Rogen lead backlash against media over Sony hacks

‘Everyone is doing exactly what these criminals want,’ says Rogen, after newspapers publish emails hacked from Sony executivesAaron Sorkin: news outlets more ‘morally treasonous’ than Sony hackersVarious Hollywood figures, including Brad Pitt, Aaron Sorkin and Seth Rogen, have publicly... Continue reading at The Guardian

[ The Guardian | 2014-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #aaron sorkin #sony pictures


Small loss for Faber in 'tough' year

Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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iBooks Bestsellers: 'Unbroken' Takes the Lead

Laura Hillenbrand’s 'Unbroken' ousted Gillian Flynn’s 'Gone Girl' from the top spot on Apple’s iBooks bestseller list for the week ended December 8. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #laura hillenbrand


iBooks Bestsellers: Flynn, Hillenbrand Lead

Books with big screen adaptations dominated Apple’s iBooks chart for the week ended December 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-03 00:00:00 UTC ]
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Nazarene Restructures, and Stays Open

Following its announcement in October that it would “cease current operations” and lay off all 60 employees, Nazarene Publishing House says it is not closing down but restructuring, and will continue the Beacon Hill imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-03 00:00:00 UTC ]
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The Leading Players in the Amazon-Hachette Dispute: Notables of 2014

The dispute over ebook terms between Amazon and Hachette Book Group USA generated headlines around the world when the e-tailer stopped accepting preorders on HBG titles and delayed shipments on some print titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon-hachette dispute #leading players #ebook terms #print titles


History Press slashed losses in 2013

The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business. The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At... Continue reading at The Bookseller

[ The Bookseller | 2014-11-26 00:00:00 UTC ]
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Workman Restructures

Dan Reynolds, who was named CEO of Workman Publishing Company in July, announced a restructuring at the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-18 00:00:00 UTC ]
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Staff Restructuring at PRH Canada

Yesterday, the publisher announced that Lynn Henry, who has been with Doubleday Canada since 2010, will take on the newly created role of publishing director of Knopf Canada, now reporting to PRH Canada publisher Anne Collins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-11 00:00:00 UTC ]
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Lord Browne to lead Pushkin House Russian Book Prize judges

Lord Browne of Madingley, chairman of the Tate Galleries and a former chief executive of BP, will lead the judging panel for Pushkin House’s 2015 Russian Book Prize. Now in its third year, the Pushkin House Russian Book Prize, run in association with Waterstones, awards £5,000 to the best... Continue reading at The Bookseller

[ The Bookseller | 2014-11-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #judging panel #pushkin house #non-fiction writing


Sales Up, Earnings Down at HMH Trade

Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
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PRH UK Proposes International Sales Restructure

Penguin Random House UK has announced a proposed restructure of its international sales with Dean Chance heading up the export team and Rob Waddington in charge of the group team. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-04 00:00:00 UTC ]
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