Scholastic Corporation said it increased revenues 7% to $665.6m (£426m) during the fiscal 2015 second quarter, which ended on the 30th November. The increase was largely down to strong sales in children’s books but there were gains in most divisions, including trade, clubs, fairs and classroom books and magazines. International sales were down 2% to $132.8m (£85m) because of unfavourable foreign exchange rates but most markets had growth in local currency terms. Continue reading at 'The Bookseller'
[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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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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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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Revenue at Reed Exhibitions, whose businesses include BookExpo, fell to £201 million, from £684 million in the first six months of 2019, and the group had an adjusted operating loss of £117 million compared to a profit of £231 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-23 04:00:00 UTC ]
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RELX, parent of Reed Exhibitions and Elsevier, recorded a 10% revenue drop in the six months to end June 2020, to £3,501m (from £3,888m), with adjusted operating profit falling 24% to £939m (£1,240m). Continue reading at The Bookseller
[ The Bookseller | 2020-07-23 02:26:48 UTC ]
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I started writing this post as a counterpoint to the “describe your favorite book in the most boring way possible” trend. It was meant to be something along the lines of “describe a plotless book in the most exciting way possible.” But more I thought about the books below, initially attempting... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-16 20:13:40 UTC ]
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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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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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When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News
[ ABC News | 2020-07-05 14:03:09 UTC ]
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Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller
[ The Bookseller | 2020-06-17 06:06:17 UTC ]
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Scholastic UK has acquired Silence is Not an Option: You Can Impact the World for Change by Stuart Lawrence, the younger brother of Stephen Lawrence. Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 10:32:15 UTC ]
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London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
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Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
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A Cincinnati startup that creates software to aid school systems beat giants like Scholastic, LexisNexis, Encyclopedia Britannica and Lego Education to win a rigorously judged national award that its CEO hopes will help propel the company into more schools. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-06-10 17:11:55 UTC ]
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On Tuesday, Bloomberg Media launched Bloomberg Green, a new quarterly print magazine focused on climate change solutions. The latest offshoot of the "Bloomberg Green" brand, which first debuted in January, the print edition complements an existing web vertical and daily newsletter of the same... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-09 21:09:53 UTC ]
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As much as 30 percent of typical annual reading gains may not be carried into schoolwork in the autumn, says an NWEA report, as the COVID-19 pandemic affects US education. The post Coronavirus Impact: Scholastic Adjusts Its Summer Reading Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-06-08 12:33:09 UTC ]
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Add these to your reading list if you want to create a truly inclusive work environment. As massive crowds fill the streets to protest police brutality following the death of George Floyd, many people are also taking another important action: reading.Read Full Story Continue reading at Fast Company
[ Fast Company | 2020-06-04 07:00:55 UTC ]
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It kept happening. On Twitter, on Facebook, in your WhatsApp chats. The bookish people you know, the introverts, declaring that lockdown would give them more time to read. Or the people who know you, and know that you might be bookish, declaring that you’d got a head start on them in terms of... Continue reading at British Council global
[ British Council global | 2020-05-29 15:15:00 UTC ]
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After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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Scholastic has been building anticipation online for Suzanne Collins' eagerly awaited prequel to the Hunger Games series, The Ballad of Songbirds and Snakes. Continue reading at The Bookseller
[ The Bookseller | 2020-05-17 18:28:18 UTC ]
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Revenue in LSC Communications’ book group dropped 21.4% in the first quarter ended March 31, 2020, falling to $204 million. Lower demand for educational materials offset an increase in its trade business, the printer, which filed Chapter 11 in April, reported. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-12 04:00:00 UTC ]
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