Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
News tagged with: #book fair

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Storytel revenues up 20% in 2021 as company eyes more exclusive content

Swedish audio streaming company Storytel’s revenues for the last quarter of 2021 were up 20% on the previous year, in line with its forecast. Continue reading at The Bookseller

[ The Bookseller | 2022-01-11 18:19:04 UTC ]
More news stories like this | News stories tagged with: #exclusive content

'Exceptional' Newport leaves Scholastic for Hachette Children's Group

Scholastic’s Kate Newport is joining Hachette Children’s Group in the newly created role of publisher for non-fiction.   Continue reading at The Bookseller

[ The Bookseller | 2022-01-09 18:55:54 UTC ]
More news stories like this | News stories tagged with: #scholastic #hachette #hachette children

Revenues up £1.3m at Roald Dahl Story Company before Netflix deal earned £370m

The Roald Dahl Story Company, which manages the rights to the authors characters and stories, made £27.1m in the year to December 2020, up £1.3m from £25.8m in 2019, before its 2021 acquisition by Netflix earned the estate £370m. Continue reading at The Bookseller

[ The Bookseller | 2022-01-09 17:39:30 UTC ]
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Lagardère raises publishing profit outlook as it prepares for Vivendi takeover bid

Hachette Livre owner Lagardère has raised its publishing division's profitability outlook to 13.5%. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 11:14:48 UTC ]
More news stories like this | News stories tagged with: #hachette livre #lagardère #publishing division

When Boeing put profit over quality in the 737 Max, the result was tragedy

Reporter Peter Robison explores the compromises and flaws that led to fatal crashes. Continue reading at The Washington Post

[ The Washington Post | 2021-12-17 13:00:00 UTC ]
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NPD Projects US Print Book Unit Sales 17 Percent Above 2019

Year-to-date performance in the American book market is looking likely to converge with that of 202 at 8 percent, NPD Books reports. The post NPD Projects US Print Book Unit Sales 17 Percent Above 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-12-14 02:53:50 UTC ]
More news stories like this | News stories tagged with: #print book #book market

Scholastic lands Pichon's new Tom Gates book to get kids drawing

Scholastic has landed a new Tom Gates book by Liz Pichon which aims to get everyone drawing in the UK as part of a national campaign. Continue reading at The Bookseller

[ The Bookseller | 2021-12-13 08:19:08 UTC ]
More news stories like this | News stories tagged with: #scholastic #national campaign #liz pichon

Scholastic strikes deal for Netflix series Karma's World

Scholastic UK has announced a global publishing deal with 9 Story Media Group and Karma’s World Entertainment for a new Netflix series. Continue reading at The Bookseller

[ The Bookseller | 2021-12-13 02:29:44 UTC ]
More news stories like this | News stories tagged with: #scholastic #publishing deal #netflix series #scholastic uk

W H Smith reports £116m loss but expects return to profit in 2022

W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at The Bookseller

[ The Bookseller | 2021-11-10 20:28:22 UTC ]
More news stories like this | News stories tagged with: #w h smith #pre-pandemic levels

Trade predicts pressures on profits as costs rocket

The industry is facing an escalation in costs, as soaring energy prices and rising shipping fees add to the financial implications of distribution delays, with publishers, printers, analysts and retailers predicting pressure on profits and the likelihood of costs being passed on to consumers. Continue reading at The Bookseller

[ The Bookseller | 2021-10-29 15:37:05 UTC ]
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Hachette UK revenues fall 3% in third quarter but Shelley hails 'extremely strong' sales

Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share. Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 21:59:40 UTC ]
More news stories like this | News stories tagged with: #hachette #david shelley #hachette uk #extremely strong

Newton hails record first-half profits and sales at Bloomsbury

Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 14:20:32 UTC ]
More news stories like this | News stories tagged with: #bloomsbury #nigel newton #profit growth

Harry Potter publisher reports record profits despite supply chain crisis

Titles such as Tom Kerridge’s latest cookbook prove popular for Bloomsbury during Covid pandemicCoronavirus – latest updatesSee all our coronavirus coverageBloomsbury, the Harry Potter publisher, has unveiled record sales and profits on the back of the popularity of titles including Tom... Continue reading at The Guardian

[ The Guardian | 2021-10-27 10:02:41 UTC ]
More news stories like this | News stories tagged with: #cookbook #bloomsbury #harry potter #coronavirus pandemic #latest cookbook #latest updatessee #tom kerridge

Zephaniah writes 'powerfully moving' Windrush picture book for Scholastic

Benjamin Zephaniah is writing a “powerfully moving” picture book about the voyage of "HMT Empire Windrush" to be published by Scholastic UK in April 2022.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-23 10:30:14 UTC ]
More news stories like this | News stories tagged with: #picture book #benjamin zephaniah

Germany's Thalia reports sales uplift, but profits suffer

German book chain Thalia has come through the pandemic in better shape than expected with sales up 7% to more than €1.1bn (approximately £928m) in the 12 months to 30th September in Germany and Austria. Continue reading at The Bookseller

[ The Bookseller | 2021-10-22 15:52:53 UTC ]
More news stories like this | News stories tagged with: #german book

Scholastic sniffs out two more from Stephen and Anita Mangan

Scholastic UK has picked up a two more middle-grade titles from brother-sister duo Stephen and Anita Mangan.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 02:47:45 UTC ]
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Scholastic picks up trans teen memoir from Hancox

Scholastic has swooped on Welcome to St Hell, a "groundbreaking" YA memoir about being a trans teen, written and illustrated by influencer and filmmaker Lewis Hancox.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-18 19:31:24 UTC ]
More news stories like this | News stories tagged with: #memoir #scholastic

Succession at Scholastic Seemed to Be a Shock, Even to the New Chairwoman

The powerhouse children’s publisher, known for Harry Potter, had been passed from father to son until Iole Lucchese, a top executive, was given control. Continue reading at The New York Times

[ The New York Times | 2021-10-18 18:41:08 UTC ]
More news stories like this | News stories tagged with: #scholastic #top executive #harry potter

James Patterson and Scholastic are joining forces to mitigate illiteracy.

In rather heartwarming news, bestselling novelist James Patterson is working with Scholastic Book Clubs to tackle literacy inequity. On Monday, Scholastic announced that Patterson had donated $1.5 million to help launch “The United States of Readers,” a classroom initiative created to address... Continue reading at Literrary Hub

[ Literrary Hub | 2021-09-28 17:26:56 UTC ]
More news stories like this | News stories tagged with: #scholastic #joining forces #james patterson #scholastic announced

Scholastic Employees, Authors, and Others Remember Dick Robinson

A virtual memorial service for Scholastic's beloved chairman, president, and CEO, Dick Robinson, featured a mix of speakers eulogizing him, including celebrities, authors, company executives, and employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #company executives #dick robinson