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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Revenue at Scholastic's book fairs dropped 79% and total revenue at Scholastic dropped 32% in the quarter ended November 31, 2020, compared to the second quarter of fiscal 2020, as the pandemic led to a significant decline in the number of fairs held. The publisher has tapped two new leaders for... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-18 05:00:00 UTC ]
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Tomorrow marks sixty years since civil rights icon, activist and writer Ruby Bridges was the first Black child to integrate a Southern elementary school—and today, Scholastic announced three forthcoming books written by Bridges, which will be released from spring 2022-23. The three new books are... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-13 17:02:57 UTC ]
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The easing of lockdowns and strong increases in digital sales led to double-digit sales gains for four trade publishers that reported financial results for the quarter ended September 30 over the same period in 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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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 ]
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HarperCollins saw global sales increase 13% year on year in the latest quarter, with EBITDA rocketing 45%, partly thanks to a surge in digital spending. Continue reading at The Bookseller
[ The Bookseller | 2020-11-08 20:58:09 UTC ]
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Hachette UK has reported a “stellar” third quarter with year-on-year growth of 15.6% and record download revenue for e-books and audio. Continue reading at The Bookseller
[ The Bookseller | 2020-11-05 11:50:37 UTC ]
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The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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While the Dow Jones Industrial Average rose 7.6% in the quarter ended September 30, the PW Stock Index fell 6.1%, with companies involved in the educational market hit hardest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-02 04:00:00 UTC ]
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Scholastic UK has acquired two middle-grade books from TV personalities and Diversity dance collective members Ashley and Jordan Banjo. Continue reading at The Bookseller
[ The Bookseller | 2020-10-01 02:08:16 UTC ]
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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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Scholastic UK has acquired Striking Out, a novel for children based on the life of footballer Ian Wright. The title is written by Wright in partnership with Musa Okwonga. Continue reading at The Bookseller
[ The Bookseller | 2020-09-15 21:16:33 UTC ]
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Ex-White House protocol chief Capricia Penavic Marshall on diplomatic details that matter. Continue reading at The Washington Post
[ The Washington Post | 2020-08-21 12:00:00 UTC ]
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Soft science fiction focuses on the social sciences, is more philosophical in approach, and explores the important social issues of our time. Continue reading at Book Riot
[ Book Riot | 2020-08-21 10:36:00 UTC ]
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Titles leaning more heavily into e-commerce include Cosmopolitan, Good Housekeeping, Digital Spy and Runner’s World. The post How Hearst UK’s e-commerce revenue grew 322% during the second quarter appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-08-21 04:01:50 UTC ]
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Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller
[ The Bookseller | 2020-08-13 04:17:15 UTC ]
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Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller
[ The Bookseller | 2020-07-24 06:25:19 UTC ]
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The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller
[ The Bookseller | 2020-07-05 21:42:39 UTC ]
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When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News
[ ABC News | 2020-07-05 14:03:09 UTC ]
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Scholastic UK has acquired Silence is Not an Option: You Can Impact the World for Change by Stuart Lawrence, the younger brother of Stephen Lawrence. Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 10:32:15 UTC ]
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