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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Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trade group #full year

S&S Moves Saga Press to Gallery

In a memo sent to Simon & Schuster employees, Jennifer Bergstrom, senior v-p and publisher of the Gallery Publishing Group, said that effective immediately, the Saga Press imprint, created in 2015, will move from the Children’s Publishing Group to Gallery. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jennifer bergstrom #effective immediately

Brackstone moves to Orion to lead music list as fair concludes to mixed reviews

London Book Fair 2019 drew to a close with the shock announcement that Faber editor Lee Brackstone will leave the indie after nearly 25 years to run a new, as yet unnamed, music-centric imprint at Orion. Continue reading at The Bookseller

[ The Bookseller | 2019-03-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mixed reviews

London Book Fair 2019: With Blockchain and AI, Rana DiOrio Explores Publishing’s Cutting Edge

Rana DiOrio's latest venture, Creative Mint, seeks to leverage the power of blockchain technology to “democratize and decentralize” rights transactions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-14 00:00:00 UTC ]
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Video Briefing: Rising costs on Facebook force publishers to rethink branded video distribution

Costs for paid video distribution on Facebook has more than doubled year-over-year. The post Video Briefing: Rising costs on Facebook force publishers to rethink branded video distribution appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-13 00:00:00 UTC ]
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Scholastic buys ‘spine-chilling’ debut by Bath Spa graduate

Scholastic has acquired the UK and Commonwealth rights to The Switching Hour, a middle-grade novel about a creature that snatches children to eat their dreams, by debut author Damaris Young. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
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Sarah Winman moves to Fourth Estate

Sarah Winman has been poached from Headline: her new novel, about a young British soldier who inherits the top two floors of an old palazzo, will be published by Fourth Estate. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fourth estate #sarah winman

TrustX, P&G and the ANA move to reduce so-called 'ad-tech tax'

TrustX is eliminating its 12.5 percent supply-side fee from within its platform following a three-month trial with Meredith, NBCUniversal, CBS Interactive and Magna Global, a move it hopes will have broader implications for the digital advertising ecosystem.The trade body, which represents 35... Continue reading at Advertising Age

[ Advertising Age | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #trading desks #ad exchanges #principal analyst

Scholastic pairs 11-year-old author with Rebecca Westcott for autism title

Scholastic has acquired Can You See Me? by 11-year-old Libby Scott and Rebecca Westcott, a novel inspired by Libby’s own experience with autism. Continue reading at The Bookseller

[ The Bookseller | 2019-03-01 00:00:00 UTC ]
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The Cut Out Girl wins Slightly Foxed Best First Biography Prize

Bart van Es has won this year’s £2,500 Slightly Foxed Best First Biography Prize for The Cut Out Girl. Continue reading at The Bookseller

[ The Bookseller | 2019-02-28 00:00:00 UTC ]
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Toy Fair Moves on After Toys R Us

At this year’s New York Toy Fair, publishers discussed new retail opportunities following the closing of the toy store chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-22 00:00:00 UTC ]
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Creative Access impact hailed as it places 1,000th intern

Leading publishing industry figures have hailed the impact of Creative Access after the social enterprise group placed its 1,000th paid intern this week. Continue reading at The Bookseller

[ The Bookseller | 2019-02-22 00:00:00 UTC ]
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Russian Book Publishers Say Paper Costs, High Inventories, Are Limiting Production

In Russia's book market, high bookstore inventory levels and rising paper prices are prompting publishers to consider cutting back on book production in 2019. The post Russian Book Publishers Say Paper Costs, High Inventories, Are Limiting Production appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #paper costs #book market #cutting back #book production

Ai Weiwei’s segment was cut from ‘Berlin, I Love You’ to appease China, artist and producers say

Chinese dissident artist Ai Weiwei’s contribution to the film anthology “Berlin, I Love You” was cut from the final version released in the U.S. earlier this month. The artist and two producers say it’s because his participation was seen as a liability for securing future funding and access to... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-02-18 00:00:00 UTC ]
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History Press prepares for move with two new hires

The History Press is gearing up to relocate to Cheltenham as it enters an “important phase in growth” with two new hires to start the year. Continue reading at The Bookseller

[ The Bookseller | 2019-02-13 00:00:00 UTC ]
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German ruling could impede Facebook’s data-combining moves

Facebook Inc. is pushing back against a German ruling that could make it harder for the social media giant to combine data from all the services it runs in order to target ads even more precisely. Thursday’s ruling, though aimed at current practices, hints at potential troubles ahead if... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-02-07 22:10:00 UTC ]
More news stories like this | News stories tagged with: #pushing back #target ads

NBA trades: Who's moving and who is being sought as the deadline approaches

The NBA trade deadline is noon PST Thursday. A look at the players who are reportedly being traded, or have been sought in trades: On the move Ryan Anderson, F, Phoenix traded to Miami for G Tyler Johnson and G Wayne Ellington. Harrison Barnes, F, Dallas traded to Sacramento for F Justin Jackson... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-02-07 00:00:00 UTC ]
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FaithWords Consolidates, Moves to Worthy's Offices

After acquiring Worthy Publishing last year, the Hachette Book Group's Nashville publishing division has moved to Worthy's offices in Franklin, Tenn. and centralized its FaithWords editorial operations there. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-06 00:00:00 UTC ]
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Vice cuts 10 percent of its workers following tough year

Vice Media is laying off 10 percent of its staff, marking the latest example of digital publishing's struggle to compete with Facebook and Google for advertisers' money.On Friday, Vice confirmed that it would cut around 250 of its 2,500-person work force, a move that was first reported by The... Continue reading at Advertising Age

[ Advertising Age | 2019-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough year #digital publishing #hollywood reporter #market forces #ad sales #media companies