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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Slack Co-Founder Champions Diversity in Hiring at the White House's Inaugural South by South Lawn Festival

At the inaugural South by South Lawn: A White House Festival of Ideas, Art and Action on Monday, Slack co-founder Stewart Butterfield explained that it's easier to implement diversity in hiring practices when companies are small, and by doing so, companies are more likely to be aware of a... Continue reading at AdWeek

[ AdWeek | 2016-10-04 00:00:00 UTC ]
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Slack Co-Founder Champions Hiring Diversity at White House's First South by South Lawn

At the inaugural South by South Lawn: A White House Festival of Ideas, Art and Action on Monday, Slack co-founder Stewart Butterfield explained that it's easier to implement diversity in hiring practices when companies are small, and by doing so, companies are more likely to be aware of a... Continue reading at AdWeek

[ AdWeek | 2016-10-04 00:00:00 UTC ]
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Len Riggio Promises to Fix Barnes & Noble

After a slow start to the fiscal year, Riggio, who returned as Barnes & Noble's CEO after last month's ouster of Ron Boire, has plans to improve the bookseller's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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Why Book Clubs Matter in the Age of Tablets

The importance of book clubs to the bottom line has rebounded alongside print books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-12 00:00:00 UTC ]
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HBG Reports Earnings Jump Despite Sales Drop

Sales for the first six months of 2016 fell 6.6% at Hachette Book Group compared to the first six months of 2015, but earnings rose 180%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-28 00:00:00 UTC ]
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Barnes & Noble Bets On Physical Bookstores To Improve Profits

New stores with cafés that serve beer and wine are part of the chain’s plans to boost its bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-24 00:00:00 UTC ]
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CI4: Finding a Win-Win for Indie Booksellers and Libraries

How independent booksellers and libraries are collaborating on programs to benefit kids and help out the bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-03 00:00:00 UTC ]
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When you buy digital content on Amazon or iTunes, you don't exactly own it

Buy an ebook on Amazon or an album on Apple's iTunes and you own it, right? Maybe not as much as you think. It's all about what the tech industry calls digital rights management, and the bottom line for consumers is that there are significant differences between owning a tangible product and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
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Nickel and dimed: Micropayments won’t solve ad blocking

The rise of ad blocking has forced publishers to re-examine not just their advertising, but also their paid models. Micropayments had a flurry of interest over the last few years, which went in hand with the rise of platforms like Blendle, but have so far failed to make any real difference to... Continue reading at Digiday

[ Digiday | 2016-02-10 00:00:00 UTC ]
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Shamsie: 'Publishers not investing in author careers'

Novelist Kamila Shamsie has said that traditional publishers’ focus on the “bottom line value of pounds and pennies” has meant a shift away from building authors’ careers in the long-term and created a lack of diversity and new voices. Continue reading at The Bookseller

[ The Bookseller | 2015-12-01 00:00:00 UTC ]
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May Sales Drop for Adult, Children's Books

Trade sales in May saw some wild swings, according to AAP’s monthly StatShot program. In the adult books segment there was a decline of 5.0%, compared to the same month last year. Meanwhile, sales in children’s/young adult fell 9.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-01 00:00:00 UTC ]
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Bear story to be Walliams’ next picture book

The Bear Who Went Boo!, about a cheeky polar bear cub, will be David Walliams’ next picture book, published by HarperCollins later this year.   Children’s publisher Ann-Janine Murtagh said the book, which will be released 5th November in time for Christmas, is a “deliciously funny new tale”... Continue reading at The Bookseller

[ The Bookseller | 2015-08-28 00:00:00 UTC ]
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Go Set a Watchman knocks EL James's Grey from top of UK book charts

Harper Lee’s long-lost novel has sold over 200,000 copies in the UK over the past weekEL James’ reign at the top of the UK book charts for the last month with her erotic bestseller Grey has been ended by a novel written in the 1950s and abandoned in a box for decades: Harper Lee’s Go Set a... Continue reading at The Guardian

[ The Guardian | 2015-07-21 00:00:00 UTC ]
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Despite Sales Drop, B&N Had Fiscal 2015 Profit

Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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German booksellers widen gap with online competition

German trade association Börsenverein des Deutschen Buchhandels has released its economic data for 2014, revealing that sales of books and professional journals were down slightly by 2.2% to €9.32bn (£6.78bn). The trade association released the figures ahead of the annual industry conference in... Continue reading at The Bookseller

[ The Bookseller | 2015-06-11 00:00:00 UTC ]
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Connect Books: sales drop but business 'stabilising'

Connect Books has delivered a “much improved” operational performance in the last six months, although sales were down 3% to £103.4m. The Norwich-based company, which comprises Bertrams, Dawson Books and Wordery, also saw its underlying operational profit decrease by 18.6% to £1.9m compared to... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
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Removing import restrictions would impact Australian authors, say publishers

Local book industry argue changes proposed in Harper Review will impact their bottom line and may see less long-term investment in Australian writersAustralian publishers would be less likely to support, nurture and develop talented writers like Tasmania’s Richard Flanagan if the Australian... Continue reading at The Guardian

[ The Guardian | 2015-04-07 00:00:00 UTC ]
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HC Children’s signs Welford and Fisher

HarperCollins Children’s Books has acquired debut novels by Ross Welford and Justin Fisher. Welford’s Time Travelling with a Hamster is about a boy called Al who receives a letter from his dead dad that leads him to a time machine. Publishing director Nick Lake, who acquired world rights in a... Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Pearson appoints new c.f.o. as 2014 profits fall

Pearson has appointed a new chief financial officer (c.f.o.) after reporting a sales drop of 4% in 2014. The company has appointed Coram Williams to the role of c.f.o. from Penguin Random House, where he is currently holding the same title. He will start in the job on the 1st August, replacing... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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Chapman: S&S UK's 'challenging' year

S&S UK has seen a "challenging year" which has not been helped by a number of staffing changes, its c.e.o Ian Chapman has told The Bookseller.  The c.e.o and publisher of S&S UK and International was speaking following the release of S&S's global results by its parent company CBS on... Continue reading at The Bookseller

[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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