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'

Barnes & Noble reports it overstated losses in past years

Barnes & Noble says it lost less money than it previously reported during the past two years. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #past years #barnes noble #previously reported

Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon posted

Strong growth at Penguin in first half, as Pearson posts loss

Pearson made an operating profit of £20m in the first half of 2013, compared with £... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong growth #pearson made #operating profit

Job losses for Lonely Planet

Lonely Planet is to cut 70 to 80 jobs across its London, Melbourne and Oakland offices. No... Continue reading at The Bookseller

[ The Bookseller | 2013-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #job losses #lonely planet

Restructure at BookData Publisher Services

Nielsen Book has reorganised its BookData Publisher Services team, making four new appointments... Continue reading at The Bookseller

[ The Bookseller | 2013-07-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen book

Weldon to lead Penguin Random House UK

Penguin UK chief executive Tom Weldon has been appointed chief executive of Penguin Random House... Continue reading at The Bookseller

[ The Bookseller | 2013-07-01 00:00:00 UTC ]
More news stories like this |

B&N looks to reduce Nook losses

Barnes & Noble has announced it will partner with a third party to manufacture tablet devices... Continue reading at The Bookseller

[ The Bookseller | 2013-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble

Barnes and Noble posts $119 million loss in Q4 2013, will partner with third party on future Nook tablets

Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a... Continue reading at Engadget

[ Engadget | 2013-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #blockbuster titles #fifty shades #hunger games #nook line #foreseeable future

UK leads in global publishing

British-based publishers topped the world’s global publishing rankings in 2012, making up... Continue reading at The Bookseller

[ The Bookseller | 2013-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk leads #global publishing

Yahoo Improves Local Lead-Gen Services

As city, regional and specialty titles continue to fight for local business listings and ad dollars, massive web corporations are scaling their ground-level efforts and getting into the mix. Continue reading at Folio Magazine

[ Folio Magazine | 2013-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad dollars

Survey Shows Amazon Leads Japan in Ebook Sales, Apple Already Second

A new survey in Japan shows that Amazon's Kindle is leading the market for ebook sales, with Apple (launched in March) second, followed by Kinokuniya's Kinoppy, Sony's Reader Store and Kobo. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales

Major restructure for CUP academic

Cambridge University Press has announced the first major restructure of its academic business for... Continue reading at The Bookseller

[ The Bookseller | 2013-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major restructure #cup academic

Amazon’s Huge London HQ Says “Publishing Revolves Around Us Now”

Amazon's massive new HQ in historic central London is nothing short of symbolic, and will overshadow neighboring Penguin, Faber, S&S UK, and Bloomsbury. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ss uk

Miller to lead new Macmillan US non-fiction division

Macmillan US is to launch a new, stand-alone division specialising in non-fiction, with Macmillan... Continue reading at The Bookseller

[ The Bookseller | 2013-05-29 00:00:00 UTC ]
More news stories like this |

New role for Rausing in Granta restructure

Granta proprietor and publisher Sigrid Rausing is to take over full operational and executive... Continue reading at The Bookseller

[ The Bookseller | 2013-05-21 00:00:00 UTC ]
More news stories like this |

Daunt: restructure 'not primarily about costs'

Waterstones' managing director James Daunt has said the chain needs to "book sell its... Continue reading at The Bookseller

[ The Bookseller | 2013-05-21 00:00:00 UTC ]
More news stories like this |

Pulitzer Prize: huge sales neither required nor guaranteed

After winning the highest honor in the literary world, the 2013 Pulitzer Prize winners have seen sales increases – but so far the numbers are pretty tiny. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pulitzer prize #highest honor #literary world #sales increases

In Morocco, Internet May Lead Children to Books Says Publisher

Amina Alaoui Hachimi from the Moroccan publishing house Yanbow Al Kitab believes the internet is a viable gateway to entice North African children to read. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lead children