Sales rise but profits hit at CUP

Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However profit fell 23% to £6.7m (£8.7m in 2013/14) for the year, with CUP saying a significant factor in the drop was "a sharp decline in government spending in South Africa, affecting all publishers." Continue reading at 'The Bookseller'

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
News tagged with: #sales rise #education division #sharp decline #south africa

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Sale anticipated for Germany's Thalia

The dismantling of German retailing group Douglas by its American owners Advent International is gathering pace, and with it speculation that a sale of the Douglas-owned book chain Thalia is imminent, possibly even this year. The largest brick-and-mortar bookseller in the German-speaking... Continue reading at The Bookseller

[ The Bookseller | 2014-10-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #german-speaking countries


Children's Sales Stay Hot in July

Sales of adult books were down 2.2% in the first seven months of 2014, while the children's segment seems headed for a banner year with sales up 25.8% through July. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #adult books #banner year


E-book prices may rise as VAT law kicks in

Publishers and retailers will aim to prevent ebook prices from soaring when a new European-wide VAT law on digital products is introduced on 1st January. Following a European Commission ruling dating back to 2008, ebooks and other digital services—including broadcasting and... Continue reading at The Bookseller

[ The Bookseller | 2014-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book prices #digital products #1st january


Sales 'level' for Pearson at nine-month point

Pearson has reported sales level in underlying terms for the first nine months of 2014, with Penguin Random House performing "well" in the third quarter.  Meanwhile chief financial officer Robin Freestone is to stand down after eight years in his role, the company said. Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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First-half revenue and profit fall at Bloomsbury

Bloomsbury has seen a fall in revenue and profits for the first half of 2014, with the adult publishing division down following a strong performance in the previous year. For the six months ending 31st August 2014, the publisher had turnover of £46.6m, down 5% from £49.2m in the same period in... Continue reading at The Bookseller

[ The Bookseller | 2014-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #adjusted profit #strong performance


Religion On-Sale Calendar: November 2014

Coming in November: new books from Deepak Chopra, James Carroll, and John Maxwell. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
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Amazon and Simon & Schuster reach a deal on internet book sales

Amazon just found a way to put further pressure on Hachette in its ongoing pricing war: strike a deal with another publisher. The online retailer has forged a new agreement with Simon & Schuster that will keep the book giant's digital and physical... Continue reading at Engadget

[ Engadget | 2014-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online retailer #simon schuster #book giant


iBooks Bestsellers: Picoult Hits #2

'Leaving Time,' the latest from Jodi Picoult, came in at #2 on Apple’s iBooks bestseller list for the week ended October 20. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ibooks bestsellers #leaving time #jodi picoult


Book sales 'challenging' at W H Smith

WH Smith has reported a 9% rise in pre-tax profits for the year but said books sales continue to be “challenging”. Continue reading at The Bookseller

[ The Bookseller | 2014-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wh smith #book sales #9% rise #pre-tax profits


Quarto expected to have annual profits of $12.2m

Publisher Quarto Group is aiming for profits of more than $12m this year, chief financial officer (c.f.o.) Mick Mousley said at an analysts’ dinner in London yesterday (15th October).   “Normalised profit was $11.4m (£7.1m) last year but market expectations are $12.2m (£7.6m) this year,” he... Continue reading at The Bookseller

[ The Bookseller | 2014-10-17 00:00:00 UTC ]
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In Perseus Reorg, Weinberg and Suchomel Rise

A little more than two months after the deal to sell the Perseus Books Group to the Hachette Book Group USA and Ingram fell apart, Perseus CEO David Steinberger has implemented a restructuring. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ingram fell


August Bookstore Sales Rose 3.4%

Bookstore sales had their best month of the year in August, with sales up 3.4% over August 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-15 00:00:00 UTC ]
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Audio Hits the Road

On Labor Day weekend, the Audio Publishers Association kicked off what the organization called its “biggest-ever consumer awareness campaign." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-10 00:00:00 UTC ]
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ICv2 Confab Showcases New Comics Customers, Growing Sales

The ICv2 conference offered data on the new comics customer, the explosive growth of comics festivals, and a discussion of what this new customer is reading. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #comics customer #growing sales #explosive growth


Hearst UK sees pre-tax profits fall by more than a quarter

Average print and digital circulation of magazine publisher behind Cosmopolitan, Mens Health and Esquire down by 8.4% Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital circulation #magazine publisher #mens health


Wimpy Kid Series to Hit 150M in Print

With the November 4 publication of the next Diary of a Wimpy Kid book, 'The Long Haul,' Jeff Kinney's series will surpass 150 million copies in print worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long haul #jeff kinney


Canadian Authors Hit by Hachette-Amazon War

Canadian authors say the Hachette-Amazon fight is hurting U.S. sales, particularly for writers looking to break into the American market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #canadian authors #american market


LIBER 2014 Topics: Growing E-book Sales, Lack of Translations

The 32nd International Spanish Book Fair (LIBER 2014) was held in Barcelona last week with ebook growth and the problem of getting Spanish-language books translated into English among the topics of discussion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook growth


Time Inc UK almost doubles pre-tax profits

Marie Claire and NME publisher, formerly known as IPC Media, reports £21.5m profit as revenues fall 7% year on year Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marie claire #ipc media