S&S revenues up 29% in third quarter

Worldwide sales at Simon & Schuster have leapt by 29% in the third quarter, increasing from $217m in the same period in 2019, to $279m this year.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-11-09 10:36:56 UTC ]

Other Publishing stories related to: 'S&S revenues up 29% in third quarter '


Scholastic Has Soft Third Quarter

The publisher cited a number of economic factors for a disappointing quarter, including weaker consumer demand for books and lower orders from retailers and wholesalers that are still working through high levels of inventory acquired last year that remains unsold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-24 04:00:00 UTC ]
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By Attracting National Budgets, Texas Monthly Grows Ad Revenue 31%

Publisher Texas Monthly, which marked its 50th anniversary last month, grew its overall revenue by 39% in 2022, an uptick the privately owned media company attributed to its expanded number of advertising channels and an ongoing effort to cultivate new sources of revenue. The publisher increased... Continue reading at AdWeek

[ AdWeek | 2023-03-13 10:21:33 UTC ]
More news stories like this | News stories tagged with: #expanded number #ongoing effort #privately owned


Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #5% drop #operating loss #financial forecast


Deal Reached in HarperCollins Strike as Publisher Has Another Bad Quarter

HarperCollins has reached a tentative agreement with its striking union that includes an unspecified increase in minimum salaries. The deal was announced shortly after the publisher reported that sales fell 14% in the quarter ended December 31, and that profits plunged 52%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher reported #bad quarter #tentative agreement #harpercollins


News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
More news stories like this | News stories tagged with: #marketing spend #york post #major publishing #news corp


The 2023 Digiday Publishing Summit Preview: How publisher needs and programmatic trends are shaping revenue, data and media

Presented by Rise Join a panel led by editor-in-chief Jim Cooper as Digiday and Rise kick off 2023 with a special preview of the upcoming Digiday Publishing Summit. As our editors prepare to put a lens on revenue, data and editorial strategies at the Vail summit this March, RSVP to save your... Continue reading at Digiday

[ Digiday | 2023-01-05 15:47:27 UTC ]
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Scholastic Posts Second-Quarter Double-Digit Gains in Sales and Earnings

A 19% increase in Scholastic's children's book publishing and distribution segment drove total sales up 12% in the second quarter, while operating income rose 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishing #children's book


Lucia Bernard, Book Interior Designer at Penguin, Dies at 29

Bernard, a senior designer in the Penguin Black interior design department who worked on books by Lauren Groff, Ruth Ozeki, Ocean Vuong, and others died on November 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-11 05:00:00 UTC ]
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Variety Notches Best Year of Revenue in Its 117-Year History

Entertainment trade publisher Variety, part of Penske Media Corporation, has notched a year of record revenue and reach, partly thanks to capitalizing on heightened consumer interest in the rapidly transforming film and television industry. The publisher posted the highest-ever revenue of its... Continue reading at AdWeek

[ AdWeek | 2022-12-05 12:11:04 UTC ]
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Lit Hub Daily: November 29, 2022

Nick Fuller Googins makes the case for selling Simon & Schuster to… the employees of Simon & Schuster. | Lit Hub The 23 best old books we read (or reread) in 2022. | Lit Hub Reading Lists Read a new translation of “The Caucasus” by Ukrainian poet-hero Taras Shevchenko: “The bones / Of... Continue reading at Literrary Hub

[ Literrary Hub | 2022-11-29 11:30:48 UTC ]
More news stories like this | News stories tagged with: #simon schuster #lit hub


How Alexa, Echo, and other devices became a drag on Amazon’s revenue

Sure, R&D is expensive, but the issues run deeper. When Amazon CEO Andy Jassy announced earlier this week that Amazon would be conducting layoffs, he called out one team in particular: devices and books, which is responsible for products including Alexa, Kindle readers, Echo smart speakers,... Continue reading at Fast Company

[ Fast Company | 2022-11-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle readers #fire tablets #ring doorbells #kindle


Book Riot’s YA Deals of the Day: October 29, 2022 

The best YA book deals of the day, sponsored by Strike the Zither by Joan He`Strike the Zither by Joan... Continue reading at Book Riot

[ Book Riot | 2022-10-29 10:30:00 UTC ]
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From the Archive: October 29, 2001

In fall 2001, we reported on Oprah Winfrey’s decision to rescind her invitation to Jonathan Franzen to appear on her TV show after 'The Corrections' was named an Oprah’s Book Club pick. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #oprah winfrey #jonathan franzen #tv show #book club


Amazon Sees Slow Growth in Fourth Quarter

Since the summer, many publishers have reported lower orders from Amazon compared to a year ago, and the release of the e-commerce giant’s third-quarter results gave no indication that things will markedly improve in the final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-27 04:00:00 UTC ]
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Forbes’ Event Revenue Rises 60% as It Embraces Hybrid Formats

The business news publisher Forbes has seen revenue from its events division rise significantly this year after it transitioned most of its portfolio from a virtual to a hybrid model, according to the publisher. The privately held property, which in July scuttled its plan to go public via a... Continue reading at AdWeek

[ AdWeek | 2022-10-17 11:14:16 UTC ]
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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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At 9, Javier Zamora walked 4,000 miles to the U.S. At 29, he was ready to tell the story

Javier Zamora talks about "Solito," his harrowing memoir about journeying from El Salvador to the U.S. as an unaccompanied 9-year-old. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-09-15 14:00:30 UTC ]
More news stories like this | News stories tagged with: #harrowing memoir #el salvador #memoir


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 ]
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Book Riot’s Mystery and Thriller Deals for August 29, 2022

Today’s edition of Mystery Daily Deals is sponsored by Sponsored by Amazon Publishing`Sponsored by Amazon Publishing `https://www.amazon.com/dp/B09LCBWNT7/ref=apubna_br_br_30294_nl_dp_7_2207`https://bookriot.com/wp-content/uploads/2022/08/This-Place-of-Wonder-Cover-300x500-1-180x300.jpg.optimal.jpg` Continue reading at Book Riot

[ Book Riot | 2022-08-29 14:53:19 UTC ]
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This Week's Bestsellers: August 29, 2022

'All Good People Here,' the debut psychological thriller by 'Crime Junkie' podcaster Ashley Flowers, is the #5 book in the country. Plus roving grammarian Ellen Jovin is a 'Rebel With a Clause,' and move over, adult coloring books: 'Definitive Word Search, Vol. 1' sold 14K print copies in its... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #good people ##5 book