Scholastic's Earnings Take Big Hit in Fiscal 2019

Scholastic cited a host of factors for a 55% decline in operating income in the fiscal year ended May 31, 2019. Revenue rose 2% in the year. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
News tagged with: #scholastic cited #big hit #55% decline #operating income #scholastic

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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Sales, Earnings Up at Bloomsbury in Fiscal 2019

Strong revenue gains in the U.K. publisher's academic and professional division offset declines in its children's trade group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-21 04:00:00 UTC ]
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HC Posts Big Earnings Gain in Fiscal 2018

Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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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 ]
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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Scholastic creates Hunger Games prequel campaign for coronavirus-hit indies

Scholastic UK has created a pre-order campaign for Suzanne Collins' Hunger Games prequel that it says could drive trade to indie bookshops during the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 08:56:22 UTC ]
More news stories like this | News stories tagged with: #scholastic #coronavirus outbreak #indie bookshops #suzanne collins #scholastic uk


Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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Walliams hits £100m earned through BookScan

David Walliams has surpassed the £100m mark through Nielsen BookScan's Total Consumer Market, a week ahead of The Beast of Buckingham Palace (HarperCollins) hitting the charts. Continue reading at The Bookseller

[ The Bookseller | 2019-11-20 22:12:15 UTC ]
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‘Consistent’ T&F likely to hit 2% growth target for 2019

Parent company Informa has said Taylor & Francis "continues to perform consistently", expressing confidence that it will hit its annual target of 2% underlying growth for the full year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 06:30:02 UTC ]
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In ‘High School,’ Tegan and Sara Quin reflect on coming out and hitting it big

In alternating chapters, the twin musicians look back at their tumultuous teen years. Continue reading at The Washington Post

[ The Washington Post | 2019-09-17 20:37:52 UTC ]
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Children's Conference 2019: Q&A with Scholastic UK's Catherine Bell

The woman at the helm of one of the UK’s largest children’s specialists discusses the challenges and opportunities in the modern-day global publishing market.   Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 21:54:50 UTC ]
More news stories like this | News stories tagged with: #scholastic #catherine bell #largest children #scholastic uk


Big Pubs Have Mixed First Half of 2019

The first six months of 2019 were something of a mixed bag for trade publishers whose financial results are publicly reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-30 04:00:00 UTC ]
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Wiley Has Lackluster Fiscal 2019 Results

A 7% sales decline in its publishing business offset gains in John Wiley's solutions division and a small gain in research, leading to a 1% sales increase in fiscal 2019 over 2018. Operating income fell 3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-11 04:00:00 UTC ]
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Fiscal 2019 Results Up Educational Development Corp.

Net earnings rose 28.1% at EDC in the year ended February 28, 2019, over fiscal 2018, while sales increased 6.1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Indigo Posts Fiscal 2019 Loss

After a record-breaking fiscal 2018, Indigo Books & Music reported a 3% drop in sales in fiscal 2019 and a net loss of C$36.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
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MoCCA Arts Fest 2019 Attracts Big Crowd of Indie Fans

The MoCCA Arts Festival, an annual indie and self-published comics and graphic novels show organized by the Society of Illustrators, attracted another big crowd to the Metropolitan West Event space in Manhattan April 6-7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-09 00:00:00 UTC ]
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A Renewed AWP Wraps a Big 2019 Conference

The Association of Writers and Writing Programs ended a tumultuous 2018 with its 2019 conference, held in Portland, Ore., this past Saturday, marking its most successful show to date. Accessibility, however, while improved, remained an issue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-02 00:00:00 UTC ]
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Man Booker International prize 2019 longlist sees small publishers win big

Judges praise the 13 finalists – all but two published by indie houses – for ‘enriching our idea of what fiction can do’The “finest works of translation from around the world” are almost exclusively published by independent presses – at least according to the Man Booker International prize,... Continue reading at The Guardian

[ The Guardian | 2019-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent presses #stories set #chinese author