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 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 ]
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School Reports 2023: Creative agencies rise – and fall

This year’s Nielsen table shows 12 months of growth among the UK’s leading creative agencies, albeit on a smaller scale than in 2021 and not spread evenly across the board Continue reading at Media Week

[ Media Week | 2023-03-23 14:34:42 UTC ]
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Apple Music bug on iOS is reportedly mixing up people's playlists

Apple Music users on iOS are highlighting a fairly serious bug that is causing other people's playlists and songs to appear in their libraries, according to multiple Redditors. On top of that, some users have complained that their own playlists have outright disappeared or been replaced by... Continue reading at Engadget

[ Engadget | 2023-03-23 10:30:03 UTC ]
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ALA Reports Shocking Increase in Attempted Book Bans in 2022

With book banning and legislative attacks on the freedom to read continuing to surge across the country, the American Library Association tracked a stunning 1,269 demands to censor library books and resources in 2022, nearly double the record-shattering 729 challenges recorded in 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book banning #legislative attacks #library association


The Morning After: TikTok's parent company reportedly under FBI investigation

In December, ByteDance confirmed it fired four employees who used TikTok to spy on the locations of two journalists. Now, Forbes reports the FBI and the Department of Justice have been investigating the incident. This investigation couldn’t come at a worse time, as ByteDance faces mounting... Continue reading at Engadget

[ Engadget | 2023-03-17 11:30:10 UTC ]
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IVP Shifts Operations to Focus on Editorial Strengths

In a move its says will allow it to focus on acquisitions and reaching younger, digital-driven readers, IVP is outsourcing its distribution and product fulfillment services via Longleaf Services. The switch will eliminate 13 positions at IVP by September 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
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Small Press Distribution Launches GoFundMe to Support New Operating Model

One of the few remaining distributors specializing in distributing independent publishers has launched a GoFundMe campaign to help underwrite a plan to close a warehouse, partner with other distributors, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating model #gofundme campaign


Self-Publishing Is Thriving, According to Bowker Report

According to Bowker, more than two million new ISBNs have been issued for indie books each year since 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
More news stories like this | News stories tagged with: #indie books


New Report Puts Online Sales of Books, Audio at $12.13 Billion in 2022

According to Bookstat, a service that collects online sales data in real time from Amazon, Apple, and Barnes & Noble across the e-book, digital audiobook, and print book formats, total online sales of those formats rose 5.6% in 2022, to $12.13 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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Welcome to the Grown-Up Scholastic Book Fair

Take a stroll through this grown-up Scholastic Book Fair with nostalgic school supplies, accessories, and decor.- Susie Dumond Continue reading at Book Riot

[ Book Riot | 2023-02-13 11:33:00 UTC ]
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Women still vastly underrepresented in Australian media, report says

Study from Women in Media finds men still dominate newsrooms and gender parity will not be achieved for at least a decadeFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastWomen in media are still vastly... Continue reading at The Guardian

[ The Guardian | 2023-02-13 01:49:08 UTC ]
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Apple's AirPods Pro drop back to $199, plus the rest of the week's best tech deals

We've been keeping tabs on the best TV deals ahead of this weekend's Super Bowl, but there are plenty of noteworthy tech deals going on for those who aren't looking to overhaul their living room. Apple's AirPods Pro, for instance, are back down to an all-time low of $199, while Amazon is running... Continue reading at Engadget

[ Engadget | 2023-02-10 16:29:46 UTC ]
More news stories like this | News stories tagged with: #pay extra #256gb ssd #$20 higher #roughly $40 #follow @engadgetdeals #kindle


$55,000 in Antiquarian Books Were Stolen From Family Bookstore

Russell Books in a third-generation family bookstore in Victoria, BC. On Wednesday, $55,000 in antiquarian books were stolen in a break-in. Continue reading at Book Riot

[ Book Riot | 2023-02-10 15:03:28 UTC ]
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Salone di Torino Reports High Rights Fellowship Interest

The rights-professional fellowship at Torino's book fair has attracted a record 371 applications from 55 nations for the May 17 to 19 show. The post Salone di Torino Reports High Rights Fellowship Interest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-09 16:41:07 UTC ]
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Amazon’s 2022 Kindle drops to a record low of $75

If one of your goals for 2023 is to read more, a new Kindle might inspire you to stick to that intention. Amazon has discounted its entry-level e-reader. Right now, you can get the ad-supported model, in either Black or Denim, for $75 or $25 off its usual $100 price. The 25 percent discount... Continue reading at Engadget

[ Engadget | 2023-02-05 21:19:08 UTC ]
More news stories like this | News stories tagged with: #buying advice #record low #all-time low #great time #battery life #follow @engadgetdeals #kindle


Tinuiti’s Q4 digital ads report shows soft pricing but promise for performance channels

Tinuiti's analysis of fourth-quarter activity shows most corners of the digital media landscape saw less than stellar financial results. Continue reading at Digiday

[ Digiday | 2023-02-02 05:01:00 UTC ]
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Scholastic and LitWorld: A 24-Hour ‘World Read Aloud Day’ Event

As the shift to a younger readership is examined in Italy, Scholastic and LitWorld roll out a new format for World Read Aloud Day. The post Scholastic and LitWorld: A 24-Hour ‘World Read Aloud Day’ Event appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-01-26 08:47:42 UTC ]
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Twitter is reportedly struggling to break even as advertisers continue to flee

Twitter’s ad business is reeling, with its daily revenue reportedly falling by 40 percent from a year ago. According to The Information, over 500 of the company’s top advertisers have paused spending on the platform since Elon Musk’s October takeover. Despite that, Twitter is still attracting... Continue reading at Engadget

[ Engadget | 2023-01-18 18:54:25 UTC ]
More news stories like this | News stories tagged with: #ad business #paying $1 #usa today #conde nast


Amazon's Kindle Scribe drops to $295 with its first discount

If you've been looking to grab Amazon's Kindle Scribe but didn't want to jump in at full price, the company has rolled out the first set of discounts on its new top-end e-reader with note-taking support. Depending on which configuration you want, the deals take $45 to $60 off the device's... Continue reading at Engadget

[ Engadget | 2023-01-05 20:40:33 UTC ]
More news stories like this | News stories tagged with: #digital artists #front light #color temperature #battery life #larger screen #buying advice #follow @engadgetdeals #e-book #kindle


Print Book Sales Dropped 6.4% Last Week

Unit sales of print books rose 15.5% last week over the previous week, but were still down 6.4% from the comparable week last year at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-22 05:00:00 UTC ]
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