Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight, as well as higher labor and fuel costs. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Book Fairs Boost Scholastic Results in Fiscal 2023

In a week filled with bad book business news and a down year for the children's book market, Scholastic nonetheless delivered a generally upbeat financial report for its latest fiscal year—thanks in no small part to the company's booming book fair business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book market #small part #book fair #children's book #book business #scholastic


After Cutting Open-Market Programmatic, Bloomberg Media Sees Efficiency Gains, Revenue Losses

On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek

[ AdWeek | 2023-07-18 11:31:59 UTC ]
More news stories like this | News stories tagged with: #user experience #privately owned


Apple has posted the entire first episode of ‘Silo’ on Twitter

Apple is borrowing a marketing tactic from Twitter pirates. The company made the unusual move of uploading the entire first episode of its series Silo to the social platform, allowing anyone there to watch the opening installment for free. The gambit follows Twitter’s move to allow longer video... Continue reading at Engadget

[ Engadget | 2023-06-27 18:24:03 UTC ]
More news stories like this | News stories tagged with: #company made #social platform #worth checking #takes place #questions arise #harriet walter #american author #science fiction


HarperCollins, KKR Said to Be Eyeing Simon & Schuster

In a bit of déjà vu, HarperCollins and the private equity firm KRR, which both lost out to Penguin Random House when Simon & Schuster was initially put up for sale, are reported among the leading contenders to buy the publisher this time around. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #penguin random house #harpercollins


Black creators drive higher media value for marketers, study finds

A new report from Group Black and Nielsen reveals Black creators have larger and more engaged followings than their non-Black peers. Continue reading at Advertising Age

[ Advertising Age | 2023-06-13 14:00:00 UTC ]
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Swiss gov't favors compensation for journalistic 'snippets' posted by online services

Switzerland’s executive branch says it favors changes to copyright law to require large online service providers — including social media platforms and search engines — to pay media companies for use of journalistic content, even small excerpts Continue reading at ABC News

[ ABC News | 2023-05-24 12:46:59 UTC ]
More news stories like this | News stories tagged with: #online services #executive branch #copyright law


U.S. Book Show 2023: Libraries Confront Post-Pandemic Challenges

The U.S. Book Show kicked off with lively discussions of the recent wave of book bans across the country, how citizens can successfully fight against those who would restrict our freedom to read, and how libraries and publishers can be strategic partners in enabling access to digital content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #recent wave #book bans #digital content #libraries


Abu Dhabi: The Golden Narrative Award’s New Higher Committee

As its book fair nears, the Abu Dhabi Arabic Language Centre names the Golden Narrative Award's higher committee. The post Abu Dhabi: The Golden Narrative Award’s New Higher Committee appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-05-19 17:12:45 UTC ]
More news stories like this | News stories tagged with: #abu dhabi #book fair


Scholastic recognizes 100 years of teen writing.

What do Amanda Gorman, Truman Capote, John Updike, and Joyce Carol Oates have in common? Each won a Scholastic Art & Writing Award as a teen. The Scholastic Art & Writing Awards began in 1923 and continue to support young writers thanks to The Alliance for Young Artists & Writers.... Continue reading at Literrary Hub

[ Literrary Hub | 2023-05-08 12:47:48 UTC ]
More news stories like this | News stories tagged with: #amanda gorman #truman capote #john updike #scholastic


S&S Posts Record Quarter, Could Be Sold by End of Year

Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster


Post-Easter US Print Sales Up 5 Percent in Late April

In the week ending April 22, Circana saw adult nonfiction posting the largest gains in the United States print market. The post Post-Easter US Print Sales Up 5 Percent in Late April appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-05-02 13:43:54 UTC ]
More news stories like this | News stories tagged with: #late april #print sales


BuzzFeed News to be shuttered in corporate cost cutting move

Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that's shedding about 15% of its entire staff Continue reading at ABC News

[ ABC News | 2023-04-20 23:02:36 UTC ]
More news stories like this | News stories tagged with: #buzzfeed news #corporate parent #digital media #pulitzer prize


Survey Finds Self-Published Authors Making Gains

The median income for self-published authors increased substantially in 2022 compared to 2021, to $12,749 last year—more than the median for authors published by traditional houses. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-17 04:00:00 UTC ]
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Paying Twitter users can now post up to 10,000 characters

One of the defining features of Twitter since its inception has been the character limit, forcing users to be direct and concise. It’s such a big deal that when the limit was doubled, from just 140 characters to 280, it became a subject of primetime TV gags. But under the guiding hand of... Continue reading at PC World

[ PC World | 2023-04-14 14:57:40 UTC ]
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HBG Sees Gains, Setbacks in its DEI Initiatives

In its fourth annual report on how its diversity, equity, and inclusion efforts are progressing, HBG said 61% of new hires last were BIPOC employees, bringing the percentage of BIPOC staff members to 36.4% of its total workforce. However, progress stalled in expanding BIPOC representation at... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #inclusion efforts #books bought


Scholastic to Integrate School Book Fairs, Clubs Businesses

The new integrated school reading events business will be launched by June under the direction of Sasha Quinton, who has been president of Scholastic Book Fairs. Judy Newman, president of Scholastic Book Clubs, has been named Scholastic’s first chief impact officer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sasha quinton #scholastic


Oxford Industries, Scholastic fall, Activision rises

Stocks that traded heavily or had substantial price changes Friday: Oxford Industries, Scholastic fall, Activision rises Continue reading at ABC News

[ ABC News | 2023-03-24 20:31:47 UTC ]
More news stories like this | News stories tagged with: #scholastic fall #traded heavily #substantial price #scholastic


Scholastic Has Soft Third Quarter

The publisher cited a number of economic factors for a disappointing quarter, including weaker consumer demand for books and lower orders from retailers and wholesalers that are still working through high levels of inventory acquired last year that remains unsold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #economic factors


AAP StatShot: US Book Industry Gains 3.5 Percent in January

The first monthly StatShot report from the Association of American Publishers in 2023 shows trade revenues up 3.1 percent in January. The post AAP StatShot: US Book Industry Gains 3.5 Percent in January appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-21 18:18:29 UTC ]
More news stories like this | News stories tagged with: #aap statshot #american publishers #book industry


Rights Roundup: Post-Bologna Rights Deals for Adults

Following the robust turnout and programming at Bologna Children's Book Fair, Rights Roundup looks at some work for the adult market. The post Rights Roundup: Post-Bologna Rights Deals for Adults appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-03-17 16:58:05 UTC ]
More news stories like this | News stories tagged with: #rights roundup #bologna children #book fair #adult market #children's book