Scholastic Second Quarter Results Fall

The negative impact of foreign exchange was a key factor in dropping revenue at Scholastic in Q2. For the period ended November 30, compared to the same stretch a year ago, revenue fell to $601.8 million, down from $611.1 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2015-12-17 00:00:00 UTC ]
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Scholastic UK scores with novel from Ian Wright

Scholastic UK has acquired Striking Out, a novel for children based on the life of footballer Ian Wright. The title is written by Wright in partnership with Musa Okwonga. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 21:16:33 UTC ]
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Fall Regionals 2020: The Virtual Edition

This year’s bookseller shows are moving online, but still have plenty of author events, education, and exhibits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-11 04:00:00 UTC ]
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Truth Itself Becomes Suspicious: On Rob Brotherton’s “Bad News: Why We Fall for Fake News”

IN 1889, the science fiction writer Jules Verne and his son, Michel, envisioned that, in a thousand years, there would be a personally curated newsfeed. What’s really remarkable about that futuristic prediction, says author Rob Brotherton in his new book, Bad News: Why We Fall for Fake News, is... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-09-05 17:00:41 UTC ]
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Fall reading: 12 books to keep you occupied for the rest of 2020

Ijeoma Oluo, Fredrik Backman and Margaret Atwood all have new releases coming up. Continue reading at The Washington Post

[ The Washington Post | 2020-09-05 12:00:00 UTC ]
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Sky falls on Tony Abbott as News Corp columnist urges him to sue for defamation | The Weekly Beast

Sky News UK host calls former Australian PM a ‘homophobic misogynist’. Plus: David Gonski’s remarkable revelation about Rupert Murdoch They may share a name but there is nothing similar about Sky News UK and Sky News Australia, at least where Tony Abbott is concerned.The Australian Sky is wholly... Continue reading at The Guardian

[ The Guardian | 2020-09-04 01:09:29 UTC ]
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PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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Al Sharpton to Open Fall Regional Trade Show Season

For the first time, all eight regional bookseller associations are sponsoring a national kickoff to the fall shows. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-27 04:00:00 UTC ]
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How Hearst UK’s e-commerce revenue grew 322% during the second quarter

Titles leaning more heavily into e-commerce include Cosmopolitan, Good Housekeeping, Digital Spy and Runner’s World. The post How Hearst UK’s e-commerce revenue grew 322% during the second quarter appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-08-21 04:01:50 UTC ]
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Pearson pulls BTEC results on eve of release

Pearson pulled its BTEC results last night (19th August), the evening before they were to be released, saying it is regrading them in line with GCSEs and A-Levels. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 00:37:53 UTC ]
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Daily Mail publisher to cut up to 100 jobs as revenues fall

DMGT says quarterly print advertising down 69% and digital income down 17% The publisher of the Daily Mail, Mail on Sunday, the i and Metro is to cut up to 100 roles as the coronavirus pandemic continues to hammer the newspaper and magazine industry.Daily Mail & General Trust, which also... Continue reading at The Guardian

[ The Guardian | 2020-08-13 11:23:11 UTC ]
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Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
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HarperCollins' annual global revenue falls 4.4%

HarperCollins global revenues fell 4.4% in the financial year ending 30th June, including a 3% decline in the fourth quarter, according to figures from parent firm News Corp. Continue reading at The Bookseller

[ The Bookseller | 2020-08-07 14:12:09 UTC ]
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Chicago Brewery Crafts Beer for Hat & Beard Fall Release

A Chicago brewery is partnering with Hat and Beard Press to cross-promote craft beer and a new collection of short stories by Sam Weller by brewing an Imperial stout with a label that replicates the cover of 'Dark Black.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Quarto's revenues fall 17%, but Powell hails good UK trade performance

Quarto's revenues fell by 17% year on year in the first half of 2020, hit by the coronavirus pandemic, but UK c.e.o. Polly Powell has hailed a good trade performance for her side of the business. Continue reading at The Bookseller

[ The Bookseller | 2020-07-29 11:49:36 UTC ]
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Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
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Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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Homeward Bound: Travel Books Fall 2020

Amid major industry uncertainty, guidebook publishers are keeping things domestic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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How coronavirus made me fall in love with bookselling again

It’s a strange thing, when you realise, you’ve fallen out of love. It’s kind of embarrassing, really. Noticing that things are messy, and that you don’t care. Continue reading at The Bookseller

[ The Bookseller | 2020-07-23 21:56:20 UTC ]
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US revenues fall 12.1% in May, AAP reveals

US publishing revenues fell 12.1% in May compared to the same month in 2019, according to the latest StatShot report by the Association of American Publishers. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 23:02:03 UTC ]
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Sales fell 11% year-on-year in second quarter, Nielsen estimates

Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller

[ The Bookseller | 2020-07-05 21:42:39 UTC ]
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