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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Female authors lead book longlist

The longlist for the sixth Desmond Elliott Prize, which honours the best in debut fiction, is unveiled, with seven of the 10 novels by women. Continue reading at BBC News

[ BBC News | 2013-04-25 00:00:00 UTC ]
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Apple iBookstore Leads Brazil’s Ebook Market in 2013

In 2012, Brazil became the latest battleground for the big international ebooksellers. Ebook sales have since skyrocketed, with Apple in the early lead ahead of Amazon. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-25 00:00:00 UTC ]
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Keyes leads charts but print hits 11-year low

Printed book sales fell below the £20m market last week - for the first time in almost 11... Continue reading at The Bookseller

[ The Bookseller | 2013-04-23 00:00:00 UTC ]
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Mantel leads Women's Prize shortlist charge

Hilary Mantel is in contention for yet another award, with Bring Up the Bodies (Fourth Estate) on... Continue reading at The Bookseller

[ The Bookseller | 2013-04-16 00:00:00 UTC ]
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Self-publishing, agency lead LBF debate

The future of self-publishing, the new agency model and the Penguin Random House merger will be... Continue reading at The Bookseller

[ The Bookseller | 2013-04-15 00:00:00 UTC ]
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HMH Continues To Evolve

In 2012—a year when it went through a prepackaged bankruptcy, brought in a number of new top corporate executives, and restructured the sales organization of its education group—total revenue at Houghton Mifflin Harcourt was relatively flat at $1.29 billion, while adjusted EBITDA rose 34.4% to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-23 00:00:00 UTC ]
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Almanac app to chart Gaiman's huge 2013

Neil Gaiman looks set to be one of the busiest authors of 2013, with a host of book publications... Continue reading at The Bookseller

[ The Bookseller | 2013-03-22 00:00:00 UTC ]
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Time Inc. spinoff could lead to more deals

The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at Crains New York

[ Crains New York | 2013-03-15 00:00:00 UTC ]
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Axel Springer Sees Earnings Hit by Investment, Restructuring

FRANKFURT, March 6 (Reuters) - German publisher Axel Springer on Wednesday forecast a drop in profitability in 2013, expecting investments in its digital business and restructuring efforts in its declining printing business to weigh on results. The ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-08 00:00:00 UTC ]
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Evans enters in S&S management restructure

Simon & Schuster UK has restructured its management team, giving new responsibilities to... Continue reading at The Bookseller

[ The Bookseller | 2013-02-21 00:00:00 UTC ]
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'Huge boost' for 20p authors

Authors have admitted they welcome the “huge boost” in sales when their ebooks are... Continue reading at The Bookseller

[ The Bookseller | 2013-02-18 00:00:00 UTC ]
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Pan Mac restructures sales, marketing, publicity

Pan Macmillan has restructured its sales, marketing and publicity teams, creating a single... Continue reading at The Bookseller

[ The Bookseller | 2013-01-09 00:00:00 UTC ]
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Jamie Oliver increases his lead on rivals

Jamie Oliver has retained pole position at the top of the official book charts and has increased... Continue reading at The Bookseller

[ The Bookseller | 2012-12-11 00:00:00 UTC ]
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Wiley results 'disappointing', plans restructure

Wiley’s sales and operating income have been hit in its second quarter due to a weak higher... Continue reading at The Bookseller

[ The Bookseller | 2012-12-11 00:00:00 UTC ]
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US "unlikely" to follow UK lead on Open Access

  Hopes that the US will follow where the UK leads in terms of Open Access for publicly... Continue reading at The Bookseller

[ The Bookseller | 2012-12-07 00:00:00 UTC ]
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'Strong quarter' for HC despite NewsCorp losses

HarperCollins UK has reported a strong quarter to end September 2012, despite a 48% fall in... Continue reading at The Bookseller

[ The Bookseller | 2012-11-07 00:00:00 UTC ]
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Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
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El País, Leading Newspaper in Spain, Announces Plans for Layoffs

El País, which had avoided the losses that have hit the newspaper industry worldwide as it struggles with the transition to digital publishing, announced it would dismiss one-third of its staff. Continue reading at The New York Times

[ The New York Times | 2012-10-24 00:00:00 UTC ]
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Shifting Strategies Lead to Success for US Small Publishers

At the Frankfurt Book Fair this year, representatives from a number of indie publishers demonstrated the impact they are having on the industry as a whole. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-23 00:00:00 UTC ]
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Budge leaves, Perrett joins, as HC restructures

HarperCollins has announced major changes on its executive team as it looks to streamline its... Continue reading at The Bookseller

[ The Bookseller | 2012-10-23 00:00:00 UTC ]
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