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 ]

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Industry Stocks Took a Big Hit in 2018

Last year was a bad one for stocks...and it was particularly tough for the 11 companies that make up the Publishers Weekly Stock Index. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-04 00:00:00 UTC ]
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‘Becoming’ Gets the Holidays Off To a Good Start

Michelle Obama’s book was a big hit at indies, but booksellers are keeping an eye on key titles amid reports of potential shortages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-30 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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Hanya Yanagihara: influential magazine editor by day, best-selling author by night

It’s enough to make your head spin, but the New York Times journalist and novelist wouldn’t have it any other way. Emma Brockes meets her in New YorkWhen Hanya Yanagihara was 10 years old, her father let her visit a pathologist’s lab. He was a doctor and an artist, twin interests his young... Continue reading at The Guardian

[ The Guardian | 2018-04-22 00:00:00 UTC ]
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Scholastic Results Rose in Fiscal 2017

Revenue at the publisher rose 4% in fiscal 2017 over the previous year, and operating income increased 17%. In announcing its latest financial results, the company also unveiled a program called Scholastic 2020, which aims to drive long term improvement in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-20 00:00:00 UTC ]
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The Rise in Print Continues

Despite no big hit, sales of print units this year are 3% higher than in the first half of 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-07 00:00:00 UTC ]
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B&N Reports Falling Sales in Fiscal 2017 Report

The country's largest book chain said sales dropped 6.5% in the fiscal year, ended April 29. Barnes & Noble reported lower losses in its Nook division, however, which led to a jump in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-22 00:00:00 UTC ]
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Profits at S&S Up Nearly 13% in 2015

Simon & Schuster finished 2015 with a $2 million increase in revenue over 2014, with operating income up 12.9% to $114 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-11 00:00:00 UTC ]
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Bear story to be Walliams’ next picture book

The Bear Who Went Boo!, about a cheeky polar bear cub, will be David Walliams’ next picture book, published by HarperCollins later this year.   Children’s publisher Ann-Janine Murtagh said the book, which will be released 5th November in time for Christmas, is a “deliciously funny new tale”... Continue reading at The Bookseller

[ The Bookseller | 2015-08-28 00:00:00 UTC ]
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Further quarterly revenue drop at S&S

Revenues for Simon and Schuster's global operations dropped 5.7% year on year in the second quarter of  2015, its parent company CBS has reported. The total for the quarter stood at $199m, a drop of $12m. However operating income was $25m, up 9% from $23m in the second quarter of 2014, with CBS... Continue reading at The Bookseller

[ The Bookseller | 2015-08-07 00:00:00 UTC ]
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Sales Down, Profits Up at Simon & Schuster

Simon & Schuster posted an 8.6% increase in operating income in the second period of 2015 over the same period in 2014 while revenue fell 5.6%, to $199 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-05 00:00:00 UTC ]
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HC Children’s signs Welford and Fisher

HarperCollins Children’s Books has acquired debut novels by Ross Welford and Justin Fisher. Welford’s Time Travelling with a Hamster is about a boy called Al who receives a letter from his dead dad that leads him to a time machine. Publishing director Nick Lake, who acquired world rights in a... Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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The 2014 Association Publishing Survey

Like all magazine publishers, associations took a big hit five years ago. Coupled with rapidly evolving consumer habits and an ad community far less reliant on print, association publishers find themselves in a time of change. They've survived, but it hasn't been easy. Creativity, cost cutting... Continue reading at Folio Magazine

[ Folio Magazine | 2014-12-20 00:00:00 UTC ]
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Short Takes: Religion Publishing News Briefs, Sept. 10, 2014

American Academy of Religion recognizes excellence in scholarship; another big hit for Lysa TerKeurst. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-10 00:00:00 UTC ]
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Profits Rose 32% in 2013 at S&S

Operating income at Simon & Schuster rose 32% in 2013, to $106 million on a sales increase of 2.4%, to $809 million, parent company CBS reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Time Inc. spinoff: streamlined, but leaderless

On Thursday, Time Warner investors were giving the thumbs up to Wednesday's announcement that the media giant would be spinning off its troubled magazine division—pushing shares up 2% in midday trading, on top of the 6% increase that followed reports last month of a sale of Time Inc.But magazine... Continue reading at Crains New York

[ Crains New York | 2013-03-08 00:00:00 UTC ]
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Wiley results 'disappointing', plans restructure

Wiley’s sales and operating income have been hit in its second quarter due to a weak higher... Continue reading at The Bookseller

[ The Bookseller | 2012-12-11 00:00:00 UTC ]
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News Corp hit by $87m NotW costs

Rupert Murdoch's News Corporation has reported a 43% hit on its publishing arm, which includes its UK national newspapers, reducing the unit's operating income to $218m (£138m) as it was hit by multimillion-pound costs relating to the phone-hacking scandal at the News of the World. Continue reading at Media Week

[ Media Week | 2012-02-09 00:00:00 UTC ]
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News Corp. Reports Disappointing Quarterly Numbers

News Corp. released its earnings report for the quarter that ended in March, and the results are a little disappointing. The company reported a decline in its operating income, which was down to about $1 billion, compared to $1.25 billion over the same period last year. The drop-off appears to... Continue reading at AdWeek

[ AdWeek | 2011-05-05 00:00:00 UTC ]
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