Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution centres.  Continue reading at 'The Bookseller'

[ The Bookseller | 2020-03-19 15:51:43 UTC ]
News tagged with: #cut costs #scholastic corporation #fourth quarter #scholastic

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Publishers move to postpone book launches amidst the coronavirus outbreak

In light of the coronavirus outbreak and the government's new advice regarding social distancing, many of the major publishing houses are gearing up to work from home and close their offices.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 05:41:36 UTC ]
More news stories like this | News stories tagged with: #major publishing #social distancing #coronavirus outbreak #publishers move


Coronavirus: Madrid Fair Moves to October; BISG Postpones; Macmillan Works at Home

Our roundup today includes international book business event information from New Zealand, Colombia, Spain, Tunisia, and the United States. The post Coronavirus: Madrid Fair Moves to October; BISG Postpones; Macmillan Works at Home appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-13 14:32:50 UTC ]
More news stories like this | News stories tagged with: #macmillan #home appeared #post coronavirus


Coronavirus Impact Begins to Spread

The growing impact of the coronavirus pandemic on the publishing industry came into view this week as some independent bookstores reported slowing sales and the number of book festival and author tour cancellations rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
More news stories like this | News stories tagged with: #coronavirus pandemic #growing impact #publishing industry #book festival


Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic #net loss #trade division #strong performance


How Magazine Publishers Are Cutting Print Costs to Improve Profits

Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-27 17:04:10 UTC ]
More news stories like this | News stories tagged with: #magazine publisher #multiple channels #increasing productivity #light customization #geographic regions #custom publications #limit contracts #niemeier prefers #tech providers #shared stories #core subscribers


More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move

Modern Luxury announces new group publisher, Galerie taps new EIC, and more people on the move. The post More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #group publisher #move appeared


Cost-cutting Newsquest/Gannett goes on the acquisition trail

US-based publisher adds 29 titles to its portfolio by buying the Romanes groupNewsquest, the US-owned regional newspaper group with more than 200 titles in the UK, has acquired 29 more by buying the Romanes Media group. Romanes publishes one daily newspaper, the Greenock Telegraph in Scotland,... Continue reading at The Guardian

[ The Guardian | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reading chronicle #greenock telegraph #daily newspaper


Chris Hughes' New Republic Cuts Frequency, Moves to New York

The New Republic magazine, which reached its 100th anniversary last month, is reducing its frequency to 10 issues a year from 20, moving its headquarters to New York from Washington, D.C., and replacing its editor. Gabriel Snyder will assume the role of editor of chief, succeeding Frank Foer.Mr.... Continue reading at Advertising Age

[ Advertising Age | 2014-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomberg media #media companies #100th anniversary #chris hughes #republic magazine


SMP's Baldacci Moving to Scholastic

St. Martin’s marketing executive Matthew Baldacci will move to Scholastic April 28 as v-p of marketing for the Scholastic Trade Publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-04-08 00:00:00 UTC ]
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Time Inc. Eyes Candidates for Chief Revenue Officer, Mulls Cost-Cutting Options

You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner... Continue reading at Advertising Age

[ Advertising Age | 2013-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recently interviewed #sports illustrated #people familiar


Scholastic Cuts Loss Despite Sales Drop

Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8% decline in total sales at Scholastic for the first quarter ended August 31. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #total sales #8% decline #book publishing #offset declines #sales drop


Five Ways to Cut Cost Through Production Efficiencies

Today more than ever publishers are looking for ways to save time and money in production. There are several obvious measures that can reduce cost and increase margins, however some solutions can be so sweeping that they jeopardize the integrity of the title, which in turn could tarnish your... Continue reading at Folio Magazine

[ Folio Magazine | 2013-03-01 00:00:00 UTC ]
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Cost savings for Scholastic after revenues drop

  Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cost savings #scholastic corporation


Scholastic cuts 2013 guidance

Children's book publisher Scholastic Corp. slashed its 2013 profit guidance and said revenue will be $1 billion lower than expected because schools are spending money on curriculum and holding back on orders, fearing federal spending cuts. Shares fell $6.34, or 20%, to $25.50 in light... Continue reading at Crains New York

[ Crains New York | 2012-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #white house #common core #year ending


St. Mark's Bookshop crowdsources moving costs

The embattled St. Mark's Bookshop has a new defender. Lucky Ant, a year-old, hyper-local crowd-funding platform, is helping the 35-year-old East Village literary landmark raise the money it needs to move to a cheaper location. The online campaign, at Luckyant.com, launched Wednesday at midnight,... Continue reading at Crains New York

[ Crains New York | 2012-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative projects #funds raised


Fnac making 510 redundant to cut costs

Fnac, the leading French cultural products chain, will lay off 510 of its 17,000 staff and may... Continue reading at The Bookseller

[ The Bookseller | 2012-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cut costs


How AMI Cut Production Costs by 50 Percent

American Media, Inc. (AMI) and Michael Esposito, Senior Vice President of Operations and Digital Production, think they've hit upon a recipe that could work across the magazine industry for rationalizing print publishing costs and scaling up on digital platforms. Continue reading at Folio Magazine

[ Folio Magazine | 2011-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital platforms #magazine industry #ve hit #digital production #american media


Move Books Moves Forward

Middle grade books aimed at boys tout adventure, humor, and a dash of mayhem. (Sponsored). Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-08 04:00:00 UTC ]
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Coronavirus Live Updates: Book trade staffers tell of anxiety over coronavirus outbreak

Anxiety about health and finances, stress at juggling childcare and uncertainty for the future are frequent reactions among book trade staffers to working through the current coronavirus crisis, according to the nearly 150 respondents to The Bookseller's survey, launched yesterday Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 20:14:36 UTC ]
More news stories like this | News stories tagged with: #book trade #coronavirus outbreak


Tattooist proves indelible at the top as The Cut Out Girl cuts in

Heather Morris’ The Tattooist of Auschwitz (Zaffre) has secured a fourth non-consecutive week in the UK Official Top 50 number one spot, selling 17,106 copies through Nielsen BookScan’s TCM—a bump of 11% in volume week on week. Continue reading at The Bookseller

[ The Bookseller | 2019-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan #auschwitz zaffre #heather morris #volume week