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 ]
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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 ]
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Hachette reports "stand-out month" in September

The publication of J K Rowling's The Casual Vacancy and ebook sales growth helped Hachette... Continue reading at The Bookseller

[ The Bookseller | 2012-11-13 00:00:00 UTC ]
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Scholastic To Donate One Million Books for Superstorm Recovery

Scholastic is donating a million books and offering free online resources to those children and teachers affected by Superstorm Sandy. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million books

Kindle Share of E-book Reading at 55%

At the end of June, Amazon’s Kindle family of reading devices was used to read ebooks by 55% of ebook buyers, according to figures compiled by Bowker Market Research. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book reading #reading devices #read ebooks #ebook buyers

CMS select committee report: libraries need more support

The Culture, Media and Sport select committee report into library closures has recommended that... Continue reading at The Bookseller

[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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Pearson sees operating profit decline

Pearson has announced a decline in operating profit for the first five months of the year, with a... Continue reading at The Bookseller

[ The Bookseller | 2012-10-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating profit

Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
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'Business as usual' despite Springer sale report

A spokesperson for Springer Science and Business Media has said it is "business as usual... Continue reading at The Bookseller

[ The Bookseller | 2012-10-10 00:00:00 UTC ]
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New Report Sees Gradual Decline in Book Spending

Given the state of flux in the book world, it can be dangerous to predict industry sales trends, but the private investment banking firm Veronis Suhler Stevenson has done just that in its latest annual report, the “VSS Communications Industry Forecast (2012–16).” Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-09-28 00:00:00 UTC ]
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Further delay to Library Select Committee Report

The Select Committee Report into library closures will not be released until the end of October... Continue reading at The Bookseller

[ The Bookseller | 2012-09-27 00:00:00 UTC ]
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So low, so fast: E-book prices drop following settlement

Just four days after a federal judge approved a settlement in the ebooks price fixing case, HarperCollins has already started discounts. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-09-12 00:00:00 UTC ]
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