Scholastic second quarter revenues up 7%

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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Pearson down 5% in first quarter amid Covid-19 disruption

Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 16:58:47 UTC ]
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Boldwood adds another six authors after 'strong' first quarter

Boldwood Books has added another six authors to its list and reported a “strong” first quarter in 2020, with a marked increase in e-book sales during the lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-21 08:34:57 UTC ]
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Meredith Cuts Salaries, Expands Ad Guarantee to Make Up for Revenue Decline

Facing what it called "a significant decline in advertising revenues" as a result of the COVID-19 pandemic, Meredith Corp. says it's implementing sweeping pay cuts across 60% of its approximately 5,000 employees, suspending quarterly dividends and withdrawing the 2020 fiscal outlook it... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-20 17:45:12 UTC ]
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Scholastic UK to publish new series by Amy Timberlake and Jon Klassen

Scholastic UK has acquired three books in the Skunk and Badger series by author Amy Timberlake and illustrator Jon Klassen. Continue reading at The Bookseller

[ The Bookseller | 2020-04-15 09:03:03 UTC ]
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Publishing's First Quarter in 2020: A Good Start, Then the Virus

Publishing sales got off to a decent start in 2020—but as the new coronavirus increased its grip on the country’s economy, sales have softened. The business outlook for the second quarter is, at best, uncertain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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Group Nine Media Lays Off 7% of Staff

Group Nine Media, whose digital media properties include PopSugar, The Dodo and NowThis, laid off dozens of employees, or 7% of its more than 700-person staff, across the company. It's the latest publisher to take drastic action as COVID-19 has drastically altered the media landscape. As the... Continue reading at AdWeek

[ AdWeek | 2020-04-07 20:39:10 UTC ]
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Scholastic and Nosy Crow release coronavirus related titles for children

Scholastic has acquired Matt Carr's Now Wash Your Hands! while Nosy Crow has published a free information book explaining coronavirus to children, illustrated by Axel Scheffler. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 15:53:14 UTC ]
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7 Books About Magic Schools for Every Reader

Though Harry Potter might be one of the most easily recognizable books about magic schools, there are many books that go beyond Hogwarts. Find them here. Continue reading at Book Riot

[ Book Riot | 2020-04-02 10:36:55 UTC ]
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A Reading List for Your Quarter-Life Crisis: Critical Linking, March 29, 2020

An awesome daily roundup of the most interesting bookish links from around the web! Continue reading at Book Riot

[ Book Riot | 2020-03-29 10:30:48 UTC ]
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Scholastic Starts Temporary Staffing Reductions

The publisher is looking to reduce labor costs by temporarily closing some distribution centers and implementing measures including a combination of furloughs, shortened work weeks, and voluntary unpaid leave. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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How 4 Publishers Are Turning Surveys Into Revenue

In a data-driven industry, an age-old product becomes more relevant than ever. The post How 4 Publishers Are Turning Surveys Into Revenue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-24 14:28:37 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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‘Revenue will fall away quite quickly’: Hearst UK CEO James Wildman on navigating crisis

Hearst CEO James Wildman has set recruited a healthcare professional to answer staff questions about the virus and started sending out daily company updates. The post ‘Revenue will fall away quite quickly’: Hearst UK CEO James Wildman on navigating crisis appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-03-23 04:01:21 UTC ]
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Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 15:51:43 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 | All news stories tagged with: #scholastic #coronavirus outbreak #indie bookshops #suzanne collins #pre-order campaign #scholastic uk


Virus Will Lower Scholastic's Q4 Results

The widespread school closings caused by the new coronavirus will mean disruptions to Scholastic's book fair, book club, and educational businesses in the quarter ended May 31, company chairman Dick Robinson reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-19 04:00:00 UTC ]
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Yale University Press London records revenue lift in 2019

Consolidated revenues for Yale University Press London and subsidiary Yale Representation stood at £7.9m for the year to end June 2019, up 3.4% on the previous year (£7.7m), according to the latest files at Companies House.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 17:39:34 UTC ]
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Taylor & Francis reports 5% revenue boost

Taylor & Francis has reported a 5% increase in revenue to £559.6m for 2019 (2018: £533.2m), with underlying revenue growth of 2.4%.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 02:33:20 UTC ]
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Scholastic scoops graphic novel of Dahl's The Witches

Scholastic has scooped a graphic novel edition of Roald Dahl classic The Witches with illustrations by Pénélope Bagieu. Continue reading at The Bookseller

[ The Bookseller | 2020-03-08 13:07:28 UTC ]
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Sports Publisher Minute Media Makes Half Its Revenue from Licensing Tech

Many digital publishers looking for alternative revenue streams to advertising turn to subscriptions and commerce. But Minute mMedia, home to Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-03-03 18:30:12 UTC ]
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