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

Other news stories related to: "Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019"


Bloomsbury's revenues grow 19% in first half

Bloomsbury’s total revenues were up 19% to £62.7m for the six months ending 31st August 2016, which is “in line with management’s expectations”, though the company expects sales to be “significantly second-half weighted” due to Christmas sales and October being the "peak period" for academic... Continue reading at The Bookseller

[ The Bookseller | 2016-10-28 00:00:00 UTC ]
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Norway Opens Its Preparations for Frankfurt Guest of Honor 2019

Forming its steering committee three years ahead, the land of Karl Ove Knausgård and Jo Nesbø inspected the 2016 Frankfurt Guest of Honor project at Buchmesse. Even as France takes on the mantle of Frankfurt Book Fair’s Guest of Honor project for 2017, the leadership of the 2019 Guest of Honor... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-10-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #years ahead #frankfurt guest


EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #meet demand


Massive Cyberattacks Dramatically Hurt Revenues for All Kinds of Internet Players

Heather Daniels owns a small business, Lyon's Prints, that she has run primarily on Etsy since 2014. Etsy was among the websites that fell victim to three waves of cyberattacks that lasted hours and rocked the web on Friday, also affecting Twitter, Pinterest, The New York Times, The Boston... Continue reading at AdWeek

[ AdWeek | 2016-10-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ddos—attack #people realize #good pr


Current Affairs Drive the Mission (and Revenue) at Haymarket Books

Though Haymarket has always been a mission-driven press, its focus on books on hot-button topics written by prominent authors has proven to be strong revenue generator. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #prominent authors #haymarket books


Elton John will publish 'no-holds-barred' autobiography in 2019

Elton John may soon be trading his piano keyboard for a computer keyboard with news that the legendary recording artist is writing his autobiography for publication in 2019.  Publisher Henry Holt & Co., a division of Macmillan, has acquired the rights to John’s autobiography, according to a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #elton john


Thought Catalog CRO Alex Magnin on growing a profitable media business in 2016

Thought Catalog has seen its audience chopped in half thanks to the whims of the Facebook algorithm. But that's to a disciplined operating plan, the company has managed to remain profitable. The "new reality," according to Thought Catalog CRO Alex Magnin, is publishers need to operate far more... Continue reading at Digiday

[ Digiday | 2016-10-11 00:00:00 UTC ]
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Scholastic UK signs more Tom Gates

Scholastic UK has acquired more Tom Gates titles from author and illustrator Liz Pichon. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #scholastic uk


The Book People 'is profitable again' says c.e.o

The Book People’s c.e.o Williams Wellesley said the retailer has “once again become profitable and successful” after its EBITDA increased by £4.3m in 2015. Continue reading at The Bookseller

[ The Bookseller | 2016-10-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book people


Donaldson and Scheffler pen The Ugly Five for Scholastic

Scholastic UK will next year publish The Ugly Five, a new picture book by Julia Donaldson and Axel Scheffler. Continue reading at The Bookseller

[ The Bookseller | 2016-09-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #axel scheffler #picture book #year publish #julia donaldson #scholastic uk


Gardners' annual revenue up 8.5%

Book wholesaler Gardners saw revenue grow 8.5% in the year to the end of February 2016, with profit also up. Continue reading at The Bookseller

[ The Bookseller | 2016-09-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #annual revenue


'Cursed Child' Drives Big Gains in Scholastic's Trade Group

Sales of 'Harry Potter and the Cursed Child' helped add almost $70 million to Scholastic’s trade division in the quarter ended August 31, and drove a 104% jump in revenue in the company’s children’s book publishing and distribution group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #distribution group #book publishing #trade division #$70 million #harry potter #trade group #cursed child


Revenue up 5% at Edinburgh University Press

Edinburgh University Press has reported a revenue rise of 5% in the year to end July, to "over £2.9m". Continue reading at The Bookseller

[ The Bookseller | 2016-09-15 00:00:00 UTC ]
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Digital Trends found a highly profitable niche among tech review sites without relying on Facebook

Digital Trends, which was reportedly in talks to sell to Condé Nast for $120 million, has mostly flown under the radar. But the 10-year-old tech review site has become profitable by honing its Google skills while other publishers chase Facebook and video numbers. “We’ve identified the cycles a... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ve identified #$120 million #digital trends #facebook appeared


Forecasting the 2016 New England Patriots

This piece is adapted from the Football Outsiders Almanac 2016, by the experts at Football Outsiders and edited by Aaron Schatz. The full book contains similar essays on all 32 NFL teams as well as player projections and a section on this year’s college football season, and it’s available both... Continue reading at Slate

[ Slate | 2016-09-09 00:00:00 UTC ]
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PRH first-half revenue hit by ebook decline

Global revenues at Penguin Random House fell 10.7% year-on-year in the first half of 2015 due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-09-01 00:00:00 UTC ]
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Dohle: PRH digital sales on 'positive path' following revenue decline

Overall digital sales at Penguin Random House are on a “positive path forward,” the company’s global c.e.o Markus Dohle has said in a letter to staff, despite the company’s first half results showing a decline due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-09-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital sales #revenue decline #markus dohle


Global Publishing Leaders 2016: Scholastic

Scholastic is the world’s largest publisher and distributor of children’s books and is the leading operator of school-based book clubs and book fairs in the United States. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book fairs #leading operator #largest publisher


Wattpad writers to boost income through ad revenues

Wattpad is allowing writers to generate income from stories posted on their site through external adverts. Continue reading at The Bookseller

[ The Bookseller | 2016-08-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ad revenues


Wattpad Unveils Ad-Generated Revenue Program for Its Writers

The online reading and writing community is launching Wattpad Futures, a program that will run paid advertising in a selection of the stories posted on its website. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #stories posted #writing community #online reading