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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Scholastic sells Woods' debut to 10 territories

Scholastic UK has bought two books from Australian writer Matilda Woods and has sold her debut to 10 territories. Continue reading at The Bookseller

[ The Bookseller | 2017-06-30 00:00:00 UTC ]
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Is the staggeringly profitable business of scientific publishing bad for science?

It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell. By Stephen BuranyiIn 2011, Claudio Aspesi, a senior investment analyst at Bernstein Research in London, made a bet that the dominant firm in one... Continue reading at The Guardian

[ The Guardian | 2017-06-27 00:00:00 UTC ]
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UNESCO Names the UAE’s Sharjah World Book Capital 2019

New recognition for efforts that Sharjah's royal family and civic leadership have made, Sharjah follows Athens 2018 in the "World Book Capital" designation. The post UNESCO Names the UAE’s Sharjah World Book Capital 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-26 00:00:00 UTC ]
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B&N Eyes Revenue Growth

While the bookseller was able to improve its bottom line through cost savings, executives know they need to find ways to fix stalled sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #find ways #cost savings #bottom line


B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Germany's Publishing Revenue Rises 1% in 2016

A new report issued this week by the trade association representing German publishers and booksellers revealed that book revenue was up 1% in Germany last year, hitting €9.28 billion ($10.41 billion). The largest segment seeing gains was children's books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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AAP's First Report on 2016 Shows Sales, Revenue Down

The industry sales report for 2016 found that total revenue for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total revenue last year was $14.25 billion, down from $15.26 billion in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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Print Books Weak Spot for Wiley in Fiscal 2017

Declines in John Wiley’s publishing segment offset increases in its research and solutions categories in the fiscal year ended April 30. Sales of books fell 11% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down

Toronto-based Kobo and Seattle's Amazon are neck-and-neck in Canadian publishers' use of ebook retailers, BookNet Canada finds, in a new 2016 survey. The post BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook retailers #canadian publishers #toronto-based kobo #ebook sales #digital revenue #booknet canada


How digital upstart Charlotte Agenda makes local news profitable

The local news publisher has focused on lifestyle coverage, diversifying its revenue and making itself a destination for local brand dollars. The post How digital upstart Charlotte Agenda makes local news profitable appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-06-07 00:00:00 UTC ]
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‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues

Facebook has enhanced its SDK so publishers can design once and post articles across IA, Google AMP and Apple News, but this doesn't address publishers' main concerns of driving revenue. The post ‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues... Continue reading at Digiday

[ Digiday | 2017-05-30 00:00:00 UTC ]
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Children's drives revenue growth for Bloomsbury

Bloomsbury grew revenues by 15% to £142.6m in the 12 months to the end of Feburary 2017, in what chief executive Nigel Newton has branded  "a very strong year" for the company. Continue reading at The Bookseller

[ The Bookseller | 2017-05-19 00:00:00 UTC ]
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Publishers are using Facebook video to drive commerce revenue

Facebook’s embrace of video hasn’t done much good for publishers' balance sheets, so some have looked to make it a commerce driver. The post Publishers are using Facebook video to drive commerce revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #balance sheets #facebook video #post publishers


Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Tough Higher Ed market hits Cengage revenues

Cengage’s adjusted revenues stood at $1.5bn for the fiscal year 2017, down 10% from the prior year, the company has told investors, ahead of posting its annual report later this month. Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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HarperCollins revenue up $16m in first quarter

HarperCollins’ global revenue was up $16m (£12.4m) year-on-year in the last quarter (4%), rising from $358m (£276.7m) to $374m (£288m). Continue reading at The Bookseller

[ The Bookseller | 2017-05-11 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Revenue From Retail Products Up, in Q1, at Amazon

Sales of retail products at Amazon rose 15% in the first quarter of 2017 over the comparable period last year. Among the many items sold in the sector are print and digital books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital books #items sold


Connect Books revenue up 14% in first six months

Connect Books saw a 14.4% year-on-year rise in revenue for the first half of its financial year, driven by its wholesale and Wordery arm. Continue reading at The Bookseller

[ The Bookseller | 2017-04-26 00:00:00 UTC ]
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Scholastic claims two on Oscar's Book Prize shortlist

Scholastic has claimed two titles out of the five shortlisted for Oscar’s Book Prize, which honours the best book published for children under five years old. Continue reading at The Bookseller

[ The Bookseller | 2017-04-20 00:00:00 UTC ]
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