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 ]
News tagged with: #trade group #full year

Other Publishing stories related to: 'Scholastic Q3 Revenue Boosted by Trade Group'

Daily Mail publisher to cut up to 100 jobs as revenues fall

DMGT says quarterly print advertising down 69% and digital income down 17% The publisher of the Daily Mail, Mail on Sunday, the i and Metro is to cut up to 100 roles as the coronavirus pandemic continues to hammer the newspaper and magazine industry.Daily Mail & General Trust, which also... Continue reading at The Guardian

[ The Guardian | 2020-08-13 11:23:11 UTC ]
More news stories like this | News stories tagged with: #daily mail #magazine industry #making cuts #commercial operations #publishing arm

'It's a mega year!': book trade braces for autumn onslaught of major new titles

After the lockdown, hundreds of delayed titles are expected this autumn including many household names vying for Christmas successFrom Richard Osman’s first crime novel to Caitlin Moran’s new memoir, almost 600 hardbacks are due to be published on 3 September in a “massive bun fight” of new... Continue reading at The Guardian

[ The Guardian | 2020-08-13 06:00:47 UTC ]
More news stories like this | News stories tagged with: #books delayed #biggest titles #hit shelves #caitlin moran #trade magazine #bookseller #book trade

Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
More news stories like this | News stories tagged with: #fiscal year

Trade invited to join 2021's Working Class Writers' Festival

The artistic director for The Working Class Writers' Festival is issuing a call-out to publishers, agents and booksellers to get involved in next year's event. Continue reading at The Bookseller

[ The Bookseller | 2020-08-10 22:51:27 UTC ]
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HarperCollins' annual global revenue falls 4.4%

HarperCollins global revenues fell 4.4% in the financial year ending 30th June, including a 3% decline in the fourth quarter, according to figures from parent firm News Corp. Continue reading at The Bookseller

[ The Bookseller | 2020-08-07 14:12:09 UTC ]
More news stories like this | News stories tagged with: #3% decline #fourth quarter #harpercollins

Trade bodies to 'engage' with Covid-19 culture panel but note industry's absence

The Publishers Association has said it "looks forward to engaging" with a new expert advisory panel set up to investigate the pandemic's impact on arts and culture, although it has failed to include a representative from the industry. Continue reading at The Bookseller

[ The Bookseller | 2020-08-05 09:04:29 UTC ]
More news stories like this | News stories tagged with: #trade bodies #publishers association

Concerns over UK/China tensions, but trade currently unaffected

Some agents and rights professionals have expressed concerns over the rising political tensions between the UK and China, with fears it could put the brakes on the volume of deals done in the world's fastest-growing major economy. Continue reading at The Bookseller

[ The Bookseller | 2020-08-03 10:23:12 UTC ]
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US publishing revenue nudged up 1.1% in 2019

US publishing revenues in 2019 edged up by 1.1% on the previous year, according to an Association of American Publishers (AAP) Statshot annual report. Continue reading at The Bookseller

[ The Bookseller | 2020-08-03 03:47:29 UTC ]
More news stories like this | News stories tagged with: #publishing revenues

CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
More news stories like this | News stories tagged with: #financial year #covid-19 hit #constant currency #cambridge university press

French book trade recovering from Covid-19 lockdown

The French book trade is picking up from its two months of Covid-19 lockdown much better than expected. Continue reading at The Bookseller

[ The Bookseller | 2020-07-29 11:42:21 UTC ]
More news stories like this | News stories tagged with: #covid-19 lockdown #book trade

Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
More news stories like this | News stories tagged with: #pearson

Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #operating loss #scholastic

When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

EVP of revenue, Elizabeth Webbe Lunny, talks business development, management philosophies and the future of her company and publishing. The post When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-23 16:07:41 UTC ]
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When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

Legacy media companies, particularly those with print products, are often told they should learn from digital startups who have allegedly disrupted norms and transformed the industry through innovation and a new, creative mindset. While this is true in some instances, there are plenty of... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-23 16:07:41 UTC ]
More news stories like this | News stories tagged with: #reality starts #accepting reality #hardest hit #down-and-dirty offering #teachable moments #difficult time #size fits #market conditions #short term #biggest wins #signed samsung #operational excellence #care deeply #unusual time #media landscape #digital publishing

When Experience Counts: How Bustle Digital Group Is Future-Proofing Its Business

Revenue Tumbled 71% in First Half of 2020 at Reed Exhibitions

Revenue at Reed Exhibitions, whose businesses include BookExpo, fell to £201 million, from £684 million in the first six months of 2019, and the group had an adjusted operating loss of £117 million compared to a profit of £231 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-23 04:00:00 UTC ]
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RELX revenues drop 10% as Exhibitions business plunges

RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at The Bookseller

[ The Bookseller | 2020-07-23 02:26:48 UTC ]
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BA Conference and Gardners Trade Show postponed to 2021

The annual Booksellers Association Conference and Gardners Trade Show is to be postponed until spring 2021. Continue reading at The Bookseller

[ The Bookseller | 2020-07-22 12:00:16 UTC ]
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US revenues fall 12.1% in May, AAP reveals

US publishing revenues fell 12.1% in May compared to the same month in 2019, according to the latest StatShot report by the Association of American Publishers. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 23:02:03 UTC ]
More news stories like this | News stories tagged with: #american publishers

Trade is steadying, say indie booksellers, but 'still a long way to go'

Bookshops are relieved to be physically open again, reporting "steady" trade since raising the shutters at the start of June, with strong local support. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 11:30:32 UTC ]
More news stories like this | News stories tagged with: #indie booksellers