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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A Huge Sales Jump for Religion Presses

Sales in the religion category increased 21.9% in 2021, according to figures released by the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #religion presses #figures released

Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]
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Why did Putin go to war, and can Ukraine win? A leading Russia historian chimes in

Orlando Figes, whose most recent book is "The Story of Russia," on the country's love of strongmen, the fate of dissenters and how the war will end. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-09-21 13:30:12 UTC ]
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Spotify takes on Amazon with a huge leap into the audiobook business

With more than 300,000 audiobook titles available to purchase a la carte, Spotify says this is ‘just the beginning.’ After taking on Apple and Pandora, Spotify appears to be setting its sights on Amazon.Read Full Story Continue reading at Fast Company

[ Fast Company | 2022-09-20 17:05:45 UTC ]
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Samiya Bashir to Lead Lambda Literary as Executive Director

Poet, associate professor at Reed College, and two-time Lambda Literary Award honoree Samiya Bashir has been selected as Lambda Literary's next leader. She spoke with 'PW' about her hopes for the organization. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #associate professor #lambda literary #literary award

She Writes Press and SparkPress: Hybrids That Lead by Example

When these sister hybrid houses merge their knowledge and expertise, their authors—and the entire publishing industry—benefit. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #restructuring charges #higher costs #operating loss

In Maggie O’Farrell’s ‘The Marriage Portrait,’ matrimony leads to death

A terrific historical novel about a teenage girl who knows her husband is plotting to murder her. Continue reading at The Washington Post

[ The Washington Post | 2022-08-30 14:12:33 UTC ]
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Poison pens: leading writers call for overhaul of UK’s Society of Authors

Literary world riven by conflict as trade union is accused of inappropriately taking sides in culture warIt is a literary row that threatens to consume the very organisation set up to protect authors’ rights. And, in spite of the involvement of three prominent names in children’s books, it has... Continue reading at The Guardian

[ The Guardian | 2022-08-21 09:00:05 UTC ]
More news stories like this | News stories tagged with: #protect authors #trade union #jk rowling #philip pullman #dark materials #cast members #management committee #literary world

Lit Hub Daily: August 19, 2022

“She could never be anything but herself, and as herself she was absolutely riveting on-screen.” Alice Sedgwick Wohl on Edie Sedgwick’s first movies with Andy Warhol. | Lit Hub Biography Beth Macy, author of Dopesick, offers a reading list for coping with secondary trauma. | Lit Hub Reading... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-19 10:30:30 UTC ]
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Barnes & Noble Huge 50% Off Sale

The annual Barnes & Noble sale is underway and offering 50% off some of the most popular books this year. Continue reading at Book Riot

[ Book Riot | 2022-08-12 16:55:39 UTC ]
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Melissa Bank, literary chronicler of love and loss, dies at 61

Her first short-story collection, "The Girls’ Guide to Hunting and Fishing," was translated into more than 30 languages and became a best-seller. Continue reading at The Washington Post

[ The Washington Post | 2022-08-05 16:41:12 UTC ]
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U.S. Book Show: The Pandemic and Publishing: How Has Covid Changed the Industry for Good?

Industry experts discussed the normalization of working from home, the dearth of in-person networking in the age of Covid-19, new expectations among a younger generation of publishing professionals, and more on the second day of the 2022 U.S. Book Show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-25 04:00:00 UTC ]
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Deborah Birx’s unseen fight to stop Trump’s covid falsehoods

The former White House coronavirus official recalls using subversion and subterfuge to get the truth out. Continue reading at The Washington Post

[ The Washington Post | 2022-05-20 12:00:38 UTC ]
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19 new books to savor this week.

Available at indies bookstores and local libraries everywhere! * Phil Klay, Uncertain Ground (Penguin Press) “An introspective collection of essays … Klay’s reassuring voice offers truth, hope, and ways forward during a challenging, polarized period in America.” –Booklist Maggie Shipstead, You... Continue reading at Literrary Hub

[ Literrary Hub | 2022-05-17 13:43:51 UTC ]
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Leading NFT blockchain Flow announces $725 million Ecosystem Fund to drive Web3 innovation

The fund will be available to developers globally and will focus on those in the decentralized finance, gaming, and digital content space. Flow, one of the leading blockchains in the Web3 arena, has announced the launch of a new fund designed to spur innovation among those building apps, games,... Continue reading at Fast Company

[ Fast Company | 2022-05-10 09:00:23 UTC ]
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Book Riot’s Deals of the Day for April 19, 2022

Today’s edition of Daily Deals is sponsored by ThriftBooks. Receive a FREE BOOK credit with a pre-order of Book Lovers by Emily Henry.`Receive a FREE BOOK credit with a pre-order of BOOK LOVERS by Emily... Continue reading at Book Riot

[ Book Riot | 2022-04-19 15:25:41 UTC ]
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Delia Ephron’s Memoir Could Be Called ‘Love, Loss and Love Again’

In “Left on Tenth,” the veteran author looks back on a series of life-altering events, including a whirlwind romance at the age of 72. Continue reading at The New York Times

[ The New York Times | 2022-04-12 09:00:01 UTC ]
More news stories like this | News stories tagged with: #delia ephron #memoir