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 ]
News tagged with: #negative impact #foreign exchange #key factor #revenue fell

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TV's Ad Market Remains Muted in Time Warner Results

The tepid ad market is continuing to give cable networks fits as they work to sell the commercial time they didn't book in the upfront, when advertisers shop for the upcoming TV season. Sales executives have been looking for strong growth in the so-called scatter market after a sluggish upfront... Continue reading at Advertising Age

[ Advertising Age | 2015-02-12 00:00:00 UTC ]
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Scholastic partners with SuperAwesome

Publisher Scholastic UK has teamed up with SuperAwesome, a children’s marketing platform, to find new authors and intellectual property (IP) creators. Under the terms of the deal, SuperAwesome will match-make Scholastic with media, animation and game developers. In addition, the SuperAwesome... Continue reading at The Bookseller

[ The Bookseller | 2015-02-10 00:00:00 UTC ]
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Books and Digital Real Estate Assets Lift News Corp Results

News Corp reported quarterly revenue and a profit just above analysts’ consensus forecast as its book publishing and real estate businesses offset dwindling print revenue. Continue reading at The New York Times

[ The New York Times | 2015-02-06 00:00:00 UTC ]
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News Corp newspaper revenue falls 6% as ads and subscribers go online

Newspaper revenue in the UK, the US and Australia is down despite a rise in the company’s overall revenue thanks to book publishing and real estate divisionsDeclining sales, advertising and subscriptions hurt revenues at Rupert Murdoch’s newspaper business in the final quarter of last year, News... Continue reading at The Guardian

[ The Guardian | 2015-02-06 00:00:00 UTC ]
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Indigo Third Quarter Profits Soar

Earnings at Indigo Books & Music for the third quarter ended December 27, 2014 hit C$33 million compared to C$8.5 million in the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-03 00:00:00 UTC ]
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Prime fuels Amazon fourth quarter profit

An increase in Prime membership subscriptions helped Amazon to a fourth quarter profit. The e-commerce giant has been under pressure from investors to return a good result after reporting a loss for the previous two quarters of its financial year, but shares recovered yesterday (29th January)... Continue reading at The Bookseller

[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Many authors’ earnings fall below $500pa, survey finds

Research shows median income for all authors is now below $5,000, though ‘hybrid’ authors who use both traditional and self-publishing are doing bestAlmost a third of published authors make less than $500 (£350) a year from their writing, according to a new survey, with around a half of writers... Continue reading at The Guardian

[ The Guardian | 2015-01-23 00:00:00 UTC ]
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Mixed Results for Bricks-and-Mortar Stores with Digital Content

For many bricks-and-mortar bookstores, 2014 was a banner year, helped by the overall improvement in the sale of print books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-23 00:00:00 UTC ]
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Diamond 2014 Results Dip Despite Strong Comics Market

Comics and pop culture vendor Diamond Book Distributors reports sales in 2014 were down "slightly," blaming the decline on the loss of Dark Horse Comics, which switched its distribution last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-21 00:00:00 UTC ]
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Egmont USA to Close After Sale Attempt Falls Through

Egmont Publishing, which put its U.S. division up for sale in October, has announced plans to close the unit. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-01-21 00:00:00 UTC ]
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Library cuts and falls in printed book sales | Letters

Has the editor of The Bookseller compared the fall of print sales of adult fiction since 2009 by more than £150m with the massively declined budgets of public libraries over the same five-year period (The writing’s on the wall for adult fiction in print, 14 January). This is also conditioned by... Continue reading at The Guardian

[ The Guardian | 2015-01-19 00:00:00 UTC ]
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Scholastic takes over distribution of Cengage series

Scholastic has taken over from OUP as distributor of the PM reading series by Cengage Learning. The PM reading series is used by schools across the world a to teach children to read. Under the terms of the deal, Scholastic will distribute the series in the UK and export markets in Europe, the... Continue reading at The Bookseller

[ The Bookseller | 2015-01-16 00:00:00 UTC ]
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Bookseller killed by falling sign at Blackpool Waterstones

Waterstones has confirmed the tragic death of one of its "much-loved" booksellers, Margaret Sheridan, after an incident at its Blackpool shop yesterday (12th January).  The company paid tribute to Sheridan, 68, from Singleton, who died at the scene after being hit by a falling Waterstones sign.... Continue reading at The Bookseller

[ The Bookseller | 2015-01-14 00:00:00 UTC ]
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Sales of printed books fall by more than £150m in five years

New figures from Nielsen BookScan show continuing decline since 2009 as more and more readers migrate to ebooksPrint sales of adult fiction have declined by over £150m since 2009, new figures show, as ebooks take an increasingly large bite out of the market.A review of 2014 from book sales... Continue reading at The Guardian

[ The Guardian | 2015-01-13 00:00:00 UTC ]
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JK Rowling unnerved by girls who fall for Malfoy

Girls are quick to romanticise anti-heroes, says Harry Potter author, as she shares her vision for the future of the boy wizard’s school enemyJK Rowling says that “girls are very apt to romanticise” the antihero, and reveals that she had been forced to pour “cold common sense” on the startling... Continue reading at The Guardian

[ The Guardian | 2014-12-22 00:00:00 UTC ]
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Book Clubs Boost Scholastic in Q2

Led by a 14% increase in its children’s book publishing and distribution business, revenue at Scholastic rose 7% in the second quarter ended November 30, 2014 compared to the same period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-18 00:00:00 UTC ]
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'Encouraging' results for Cengage Learning (EMEA)

Cengage Learning (EMEA) Ltd, whose parent company Cengage Learning Inc emerged from Chapter 11 proceedings in the US in the spring, has reported turnover of £34.1m in the nine months to 31st March 2014, with a profit after tax of £4.8m. Continue reading at The Bookseller

[ The Bookseller | 2014-12-16 00:00:00 UTC ]
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EDC Posts Record Sales Quarter

Revenue in the third quarter ended November 30, 2014 hit $10.9 million at Educational Development Corp., the highest quarterly sales ever recorded. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-03 00:00:00 UTC ]
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Scholastic signs screenwriter Johnny Smith

Scholastic Children’s Books has signed a four-book deal with Johnny Smith, a screenwriter on CBBC TV shows such as "Dennis & Gnasher" and "Muddle Earth". The series, John Smith is NOT Boring, is about John Smith who has a boring name but his adventures take him from the Wild West to pirate... Continue reading at The Bookseller

[ The Bookseller | 2014-11-30 00:00:00 UTC ]
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Perseus Caps Eventful Year with Strong Results

In the fiscal year ended September 30, the Perseus Books Group had strong financial results, CEO David Steinberger wrote to employees in his letter reviewing the last 12 months. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-24 00:00:00 UTC ]
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