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 losses increase in third quarter

Amazon has reported increased third quarter losses of $437m (£273m), prompting shares to tumble in after hours trading in New York. The internet giant’s losses were significantly higher than in the same quarter last year when it reported a $41m (£25.57m) deficit.  The company reported the... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company reported #internet giant


Big Losses, Big Questions for Amazon

Amazon's release of its third quarter financial results Thursday afternoon gave analysts and investors lots to think about as the giant e-tailer posted a large quarterly loss, forecast the possibility of a loss for the fourth quarter and had slowing growth in its media segment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big losses #big questions #fourth quarter #slowing growth


Finland, Very Cool: “A Huge Success” in Frankfurt

Finland was a hugely successful Guest of Honor country at the Frankfurt Book Fair, prompting more than 7,500 news articles and numerous rights deals. The post Finland, Very Cool: “A Huge Success” in Frankfurt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post finland #frankfurt appeared #huge success #honor country


Four-unit restructure for The History Press

The History Press has restructured following a company-wide review, creating four distinct business units, and putting "a small number" of people into consultation over their jobs. The independent publisher, specialising in local history as well as military history titles, underwent a... Continue reading at The Bookseller

[ The Bookseller | 2014-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #history press #small number #independent publisher


Walliams still leads charts, as Flanagan gets Booker bounce

David Walliams notched up his fourth consecutive week atop the Official UK Top 50, while the Man Booker Prize proved a massive boost for Richard Flanagan.  Continue reading at The Bookseller

[ The Bookseller | 2014-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #richard flanagan #booker bounce


Wolff Preempts TED Book for New Line at HMH

The editor bought U.S. rights to TED curator Chris Anderson's 'Talk This Way! The Official TED Guide to Public Speaking,' the first acquisition for his new line of business books at Houghton Mifflin Harcourt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public speaking #business books


iBooks Bestsellers: Book to Film Titles Lead

Gillian Flynn's 'Gone Girl' hit #1 at both the weekend box office and on Apple's bestseller list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #gillian flynn #hit #1 #bestseller list


The Cost of Restructuring

As book publishing transitions from a largely print-based industry to one that produces both print and digital content, many publishers are restructuring their operations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital content


Cape Watch: Hulk and Hawkeye Will Lead the New Avengers Movie

Welcome back, my friends, to the superhero show that never ends ... although, come the fall, it does tend to shut up shop just a little and head towards the small screen because it's cold outside and, well, you know how it is. Nonetheless, this week has brought more than just Saturday Night... Continue reading at Wired

[ Wired | 2014-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #avengers movie #cape watch #superhero show #small screen #marvel movies


Scholastic Has Higher Sales, Bigger Loss

Revenue at Scholastic hit $283.8 million in the first quarter ended Aug. 31, 2014. This figure is up 3% over the same period a year ago. The net loss increased to $34.1 million from $29.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #higher sales


iBooks Bestsellers: 'Gone Girl' Takes the Lead

As the first reviews for David Fincher’s much anticipated adaptation of 'Gone Girl' begin to trickle in, Gillian Flynn’s 2012 bestseller pushed to the top of Apple’s iBooks bestseller list for the week ended September 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #david fincher #gillian flynn


Perseus Restructures International Sales Teams

The Perseus Books Group is integrating its London and New York sales teams, placing them under the control of someone who will take over the newly created role of v-p of international sales and marketing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #international sales


Bookselling Roundup: September 19, 2014

This week highlighted the resurgence of indies with the opening and reopening of four new bookstores and the addition of a new Miami-based Books and Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
More news stories like this |


Authors on the Air September 19, 2014: Annabelle Gurwitch

Annabelle Gurwitch, author of 'I See You Made an Effort: Compliments, Indignities, and Survival Stories from the Edge of 50' (Blue Rider, 9780399166181), will appear on the 'Queen Latifah Show' on Friday, September 19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annabelle gurwitch #survival stories #blue rider


Wearables Present a Huge Challenge to News Publishers, and That’s a Good Thing

In the early 90s people balked at the idea of reading the news on a computer, yet if you looked at online services of the day (Compuserve and AOL), user demand would say otherwise. News was consistently among the top activity. Eventually that same demand drove Web 1.0 and by the time Web 2.0... Continue reading at Wired

[ Wired | 2014-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news publishers #good thing #online services


B&N Quarterly Sales Fell 7%, But Losses Cut

Revenue at Barnes & Noble fell 7% in the first quarter ended August 2, to $1.23 billion, but the retailer cut its net loss to $28.4 million from $87.0 million in the first period of fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #net loss


Rick Wolff Hired by HMH

Rick Wolff, who was laid off from Hachette in June, has been hired by Houghton Mifflin Harcourt to start a new line of business books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business books


Huge crowds force Deyes book tour postponement

Bonnier imprint Blink Publishing has had to postpone the book tour for YouTube star Alfie Deyes... Continue reading at The Bookseller

[ The Bookseller | 2014-09-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book tour


iBooks Bestsellers: Forman Still Leads

Gayle Forman’s 'If I Stay' held on to its #1 spot on Apple’s iBooks bestseller list for the week ended September 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #gayle forman #ibooks bestsellers ##1 spot


Further Losses at Quercus As Integration Plan Is Finalized

Following consultation, there has been a second wave of redundancies at U.K.-based house, Quercus. The cuts have resulted in a staff of roughly 40 people. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #-based house