Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at 'The Bookseller'

[ The Bookseller | 2019-07-29 11:40:07 UTC ]
News tagged with: #operating income #2% increase #scholastic

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Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at The Bookseller

[ The Bookseller | 2019-07-29 11:40:07 UTC ]
More news stories like this | News stories tagged with: #operating income #2% increase #scholastic


Scholastic's operating income rises 7% in 2020 second quarter

The Scholastic Corporation has revealed a 7% rise in operating income in the second quarter of the fiscal year, as c.e.o. Richard Robinson said the firm "continued to stand out as the world’s leading children’s book publisher and distributor". Continue reading at The Bookseller

[ The Bookseller | 2019-12-23 08:45:28 UTC ]
More news stories like this | News stories tagged with: #scholastic corporation #7% rise #operating income #fiscal year #leading children #book publisher #children’s book #scholastic


Scholastic will drop policy that makes it easier for school fairs to exclude diverse books

Scholastic Inc. will end a widely criticized policy that made it easier for school book fairs not to sell works with racial, disability and LGBTQ+ themes Continue reading at ABC News

[ ABC News | 2023-10-25 19:50:33 UTC ]
More news stories like this | News stories tagged with: #school fairs #scholastic


Indigo Loses CEO, Reports Sales Drop, Relaunches Website

Peter Ruis has resigned as CEO of Indigo Books & Music, a position he held for a year. The news comes after the retirement of founder Heather Reisman, a boardroom shake-up, and a destructive cyber attack that impacted sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-11 04:00:00 UTC ]
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Twitter's ad sales have reportedly dropped by 59 percent since last year

Twitter's advertising revenue is down 59 percent during a five week stretch between April 1st and early May compared to the same period last year, The New York Times has reported. It regularly falls short of sales projections, and things aren't likely to change soon (apparently despite the... Continue reading at Engadget

[ Engadget | 2023-06-06 09:25:43 UTC ]
More news stories like this | News stories tagged with: #bad news #business operations #product design #resolve issues #tall order #comic book


Bruce Lehrmann drops defamation case and settles with News Corp over Brittany Higgins reports

The two parties reportedly settled with News Corp saying it had not paid any damages and the articles in dispute would remain onlineFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastBruce Lehrmann has discontinued... Continue reading at The Guardian

[ The Guardian | 2023-05-30 04:40:11 UTC ]
More news stories like this | News stories tagged with: #latest updatesget #free app #brittany higgins #media company #legal costs #news corp


Publishing Sales Dropped 6.4% in 2022, AAP Report Finds

Sales from publishers reporting to the AAP's StatShot program were down 6.4% in 2022 compared to 2021. Sales were down in all publishing categories, with print sales off in both trade segments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing categories #trade segments #print sales


Returning to In-Person Book Fairs Cited in Scholastic’s Q4 Report

The largest children's book and educational publisher sees continued growth in its own school-based book fairs, and revenue-per-fair. The post Returning to In-Person Book Fairs Cited in Scholastic’s Q4 Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-22 00:30:36 UTC ]
More news stories like this | News stories tagged with: #largest children #children's book


In London, Book Aid International Reports 2021 Operations in 24 Countries

The UK-based Book Aid International introduced its second innovative shipping-container library in 2021, in rural Zanzibar. The post In London, Book Aid International Reports 2021 Operations in 24 Countries appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-06 15:01:13 UTC ]
More news stories like this | News stories tagged with: #book aid


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 reports 7% rise in revenue for 2020 first quarter

Scholastic has reported a 7% rise in revenue for its first quarter results to $232.6m (£185m) due partly to its YA titles and graphic novels imprint Graphix. Continue reading at The Bookseller

[ The Bookseller | 2019-09-19 16:16:17 UTC ]
More news stories like this | News stories tagged with: #quarter results #7% rise #ya titles #scholastic


Atlantic Books reports operating profit for first time in a decade

Atlantic Books has announced that 2018 saw its first operating profit since 2009. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 19:58:43 UTC ]
More news stories like this | News stories tagged with: #atlantic books #operating profit


Operating Income Soars at Amazon

The e-tailer's operating income jumped in the first quarter of 2019, rising to $4.4 billion, from $1.9 billion, in the first period of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-26 00:00:00 UTC ]
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Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up

Scholastic's biennial Kids & Family Reading Report finds American families are reading books aloud to their children more often. The post Scholastic’s New ‘Kids & Family Reading’ Report: Reading Aloud Is Up appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post scholastic #reading aloud


Book sales boom but authors report shrinking incomes

Calls for writers to reap rewards as British publishers enjoy record-breaking yearA record-breaking year for publishers has been greeted with renewed demands for authors to receive a bigger slice of income and investment, as sales of books passed the £5.7bn mark in 2017.Book sales income was up... Continue reading at The Guardian

[ The Guardian | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sharp contrast #recent survey


Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings dropped #harry potter #cursed child


Literary fiction in crisis as sale drop dramatically, Arts Council England reports

New figures show that fewer UK writers earn enough to live on, as ACE blames falling sales of literary fiction on the recession and the rise of smartphonesThe image of the impoverished writer scratching out their masterwork in a freezing garret remains as true today as it was a century ago,... Continue reading at The Guardian

[ The Guardian | 2017-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #figures show #century ago #report commissioned #book prices #report found #print sales


JS Group reports 6% revenue drop for 2016

Academic retailer JS Group has reported a 6.2% year-on-year revenue drop to £38.1m in its annual results covering the financial year ending 31st May 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-01 00:00:00 UTC ]
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Scholastic’s Kids & Family Reading Report: Insights From the US, UK, India and Australia

With new attention to diversity issues, Scholastic's sixth biennial survey adds an Australian edition, and looks extensively on reading aloud at home. The post Scholastic’s Kids & Family Reading Report: Insights From the US, UK, India and Australia appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post scholastic #australia appeared #diversity issues #reading aloud


Amazon reportedly to drop MFN clauses from ebook deals

Amazon has offered to drop the Most Favoured Nation clauses from its ebook contracts, following a European Commission investigation into the online retailer’s deals, it has been reported today.  Continue reading at The Bookseller

[ The Bookseller | 2017-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook deals #ebook contracts #online retailer