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 ]
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Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth

In 2020, the Audio Publishers Association sales report finds more than 71,000 audiobooks were published in the US, up 39 percent over 2019. The post Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-01 13:14:36 UTC ]
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Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues... Continue reading at The Guardian

[ The Guardian | 2021-05-19 12:15:47 UTC ]
More news stories like this | All news stories tagged with: #marie claire #group revenues #metal hammer #coronavirus coveragefuture #latest updatessee #full-year results #company continues


EDC Had Record Fiscal 2021

Sales at Educational Development Corp. jumped 81% in the fiscal year ended February 21, 2021 and earning increased 125%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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HarperCollins Profits Soared in Q1

Big gains in digital and backlist sales combined to drive up profits at HarperCollins by 45% in the quarter ended March 31, 2021, while sales rose 19%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Maryland lottery and gaming chief to retire after presiding over span with record lottery and casino revenues

Deputy Director James R. Nielsen will then become acting director while Republican Gov. Larry Hogan’s appointments office searches for Gordon Medenica’s successor. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-04-15 21:12:04 UTC ]
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PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report

'Globally, people turned to books' in 2020, Markus Dohle says, and Penguin Random House parent Bertelsmann reports on a strong year. The post PRH’s Markus Dohle on Bertelsmann’s 2020 Profit Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-30 15:54:57 UTC ]
More news stories like this | All news stories tagged with: #penguin random house #bertelsmann #strong year #markus dohle #post prh


PRH Worldwide Revenue Hit $4.4 Billion in 2020

Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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Harry Potter publisher Bloomsbury issues another profit upgrade

But company says reading boom may end when Covid restrictions are liftedCoronavirus – latest updatesSee all our coronavirus coverageThe Harry Potter publisher Bloomsbury has issued its second profit upgrade of the year, lauding a lockdown reading boom, but the trend may not endure as coronavirus... Continue reading at The Guardian

[ The Guardian | 2021-03-24 12:22:49 UTC ]
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Quarto Profits Rose in 2020 Despite Sales Decline

The decision to focus its 2020 list on books that could perform well online, in nontraditional outlets, and in digital formats led to a 6% increase in operating profits at Quarto last year, while revenue declined 7%, to $126.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-22 04:00:00 UTC ]
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Scholastic Book Fairs Have Another Tough Quarter

Sales in Scholastic's book fairs fell 73% in the third quarter compared to a year ago, contributing to a 26% decline in overall revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-19 04:00:00 UTC ]
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Truth, profits and the purpose of journalism | Letters

Integrity is in short supply in many newsrooms, argues Michael Newman, while Eddie O’Brien says journalists must do more to reflect opposing views in their reports Clive Myrie nails down much of what is eating away at the heart of modern written journalism (What is journalism for? The short... Continue reading at The Guardian

[ The Guardian | 2021-03-16 17:09:27 UTC ]
More news stories like this | All news stories tagged with: #print media #role model #fourth estate #journalistic career #piers morgan #short answer #short supply


Scholastic's Hennessy joins Welbeck as production director

Welbeck has appointed Clare Hennessy from Scholastic as its new production director. Continue reading at The Bookseller

[ The Bookseller | 2021-03-15 01:24:07 UTC ]
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Regnery Revenue Fell in 2020

A good fourth quarter was not enough to offset a first half sales slump at Regnery. The publisher has set a 75,000-copy first printing for Josh Hawley's 'The Tyranny of Big Tech,' which will be published on May 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-12 05:00:00 UTC ]
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Wiley Revenue Rose 3% in Q3

John Wiley's financial performance in the third quarter ended January 31, 2021, was strong enough for the company to raise sales and earnings estimates for the fiscal year ending April 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-04 05:00:00 UTC ]
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Boldwood Books reports £1.6m revenues in first full year

Boldwood Books has reported revenues of £1.6m in 2020, its first full financial year, and added five new authors to its now 50-strong list. Continue reading at The Bookseller

[ The Bookseller | 2021-03-01 16:36:03 UTC ]
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Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020

'Readers want both digital books as well as the "old-fashioned" print book,' says Lindhardt & Ringhof's CEO. The post Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-23 12:58:26 UTC ]
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Scholastic to bring Callender's Hurricane Child to UK

Scholastic UK has acquired UK and Commonwealth rights to Kacen Callender's Hurricane Child, with publication slated for June 2021.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-16 07:44:38 UTC ]
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Revenue at Reed Exhibitions Sank 71% Last Year

The company behind the London Book Fair, the “retired” BookExpo, and other publishing-adjacent events saw revenue plunge by 71% in 2020 compared to 2019. Reed said that, due to the pandemic, it is managing its 2021 event schedule “flexibly.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-11 05:00:00 UTC ]
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Germany-Based Bookwire in 2020: Titles Up 11 Percent Over 2019

The digital distributor reports a rise in audiobook titles of 123 percent in 2020 over the previous year. Print-on-demand advanced 18 percent. The post Germany-Based Bookwire in 2020: Titles Up 11 Percent Over 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-08 05:46:46 UTC ]
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The New York Post Made a Profit. Really.

News Corp reported a decline in its overall revenue and a pretax profit of $497 million for the three months ending in December. Continue reading at The New York Times

[ The New York Times | 2021-02-04 23:45:40 UTC ]
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