Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]

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Cover reveal: Azareen Van der Vliet Oloomi’s new novel, Savage Tongues.

Lit Hub is pleased to reveal the cover of PEN/Faulkner Award winner and author of Call Me Zebra Azareen Van der Vliet Oloomi’s next novel, Savage Tongues, which will be published by Houghton Mifflin Harcourt on August 3rd, 2021. Described as “equal parts Marguerite Duras and Shirley Jackson,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-08 15:00:43 UTC ]
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HMH Trade Group for Sale; Archer Departs

In an attempt to become a "pure-play learning technology company," HMH is looking to sell its trade group, Houghton Mifflin Harcourt Books & Media. Group president Ellen Archer has left the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-04 05:00:00 UTC ]
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HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
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Club, Fair Declines Plague Scholastic

Cost cuts improved Scholastic's bottom line in the first quarter, but sales at book fairs and book clubs tumbled during the period, and are expected to remain low in the current quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-25 04:00:00 UTC ]
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B&NE Retail Segment Took Big Hit in Q1

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[ Publishers Weekly | 2020-09-03 04:00:00 UTC ]
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Some Big Publishers Find Ways to Cope

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[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Better titles for ex-Trump staffers’ memoirs.

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[ Literrary Hub | 2020-08-06 19:59:16 UTC ]
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Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Coronavirus has left small publishers desperately fighting for survival

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Majority of small publishers fear closure in wake of coronavirus

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[ The Guardian | 2020-05-07 15:02:20 UTC ]
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HMH Hoping for a Second Half Rally

Total sales at Houghton Mifflin Harcourt fell only 2.4% in the first quarter of 2020 compared to a year ago, but the educational and trade book publisher said it expects its business to be "severely impacted" by the Covid-19 pandemic in the second quarter. It is projecting that most schools will... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-07 04:00:00 UTC ]
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Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

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Email Lists Are About Quality Over Quantity

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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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TBJ Plus: Canes to honor zamboni driver/goalie; Epic Games tech behind Disney's Mandalorian; NC near top on Amazon list

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Little Island sells Grehan novel to Houghton Mifflin Harcourt

Irish press Little Island Books has sold North American rights to Houghton Mifflin Harcourt for Meg Grehan’s The Deepest Breath. Continue reading at The Bookseller

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A nine-day fortnight is improving our culture and our bottom line

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The Trouble with “Adam”

WHEN YA PUBLISHER Houghton Mifflin Harcourt put out Ariel Schrag’s Adam in 2014, it felt predetermined that this debut novel would eventually become a movie. Indeed, the promotional materials included a trailer for an imagined film, a digital elevator pitch. Moreover, as a preexisting YA... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-10-26 17:00:36 UTC ]
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HMH Will Cut Workforce by 8%

As part of a financial update released last week, Houghton Mifflin Harcourt said it plans to eliminate about 8% of its workforce in another effort to align its operations with its business objectives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-21 04:00:00 UTC ]
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