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 ]
News tagged with: #quarter revenues #scholastic corporation #30th november #strong sales #international sales

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Facebook news-feed changes will cut into publishers’ branded-content revenue

Publishers were able to make decent money on Facebook by making and selling custom videos for advertisers, but that could soon change. The post Facebook news-feed changes will cut into publishers’ branded-content revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-22 00:00:00 UTC ]
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‘Reach does not equal revenue’: A Digiday+ Slack town hall with Fatherly COO Michael Wertheim

Fatherly COO Michael Wertheim discussed the fallout from Facebook’s latest algorithm changes for publishers, diversification of traffic sources and more. The post ‘Reach does not equal revenue’: A Digiday+ Slack town hall with Fatherly COO Michael Wertheim appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post reach #latest algorithm


Apple iBooks Category Bestsellers, January 7, 2018

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended January 7, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


How Investopedia shifted to subscription revenue with video courses

The IAC-owned finance information publisher is betting big on a commerce- and subscription-focused Academy product, which has turned Facebook into an ally. The post How Investopedia shifted to subscription revenue with video courses appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #subscription revenue #betting big


Facebook shares tumble after changes to its News Feed that could shrink ad revenue

Facebook shares were down more than 4% early Friday to $180.10 after the social network announced it was making major changes to its signature News Feed. Facebook said it would begin prioritizing posts from users’ friends and families that spark the most interaction over posts from brands and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook shares #making major


Local digital news publishers are ignoring display revenue

Rather than compete for dwindling display ad revenue, local digital news publishers are pursuing branded content and consumer revenue instead. The post Local digital news publishers are ignoring display revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-03 00:00:00 UTC ]
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Christmas Week Sales Jump 7% Over 2016

Led by solid gains through the retail and club channel, unit sales of print books rose 7% this Christmas week over last year. 'The Getaway' remained the season's most popular book, while Rupi Kaur sold a combined 136,000 copies of her two books in the week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-28 00:00:00 UTC ]
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‘Cat Person’ Author, Kristen Roupenian, Gets 7-Figure Book Deal

Kristen Roupenian, the author of “Cat Person,” a fiction piece in The New Yorker that became a viral phenomenon, has agreed to a two-book deal. Continue reading at The New York Times

[ The New York Times | 2017-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cat person #kristen roupenian


Trends in Children’s Books: Five 2018 Predictions from Scholastic

What will kids be reading in 2018? Scholastic editors issue five predictions about what children's book trends will be popular and successful next year. The post Trends in Children’s Books: Five 2018 Predictions from Scholastic appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-12-19 00:00:00 UTC ]
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Facebook to book NZ advertising sales revenues here, not in Ireland

Facebook says it will book the revenues it earns from selling advertising to Kiwi companies in New Zealand in future. The change is part of worldwide move by Facebook to restructure its accounting and appears a major victory for policy-makers concerned about the way Facebook and many other... Continue reading at Stuff

[ Stuff | 2017-12-15 00:00:00 UTC ]
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Scholastic snaps up 'timely' Brexit YA thriller

Scholastic UK has bought a Brexit-inspired YA political thriller and love story. Continue reading at The Bookseller

[ The Bookseller | 2017-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic uk #love story


Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Facebook to stop routing ad revenue via Ireland amid pressure over taxes

Company says it will book advertising revenue in countries where it is earned instead of through Dublin headquartersFacebook has said it will start booking advertising revenue in countries where it is earned instead of re-routing it via Ireland, although the move is unlikely to result in it... Continue reading at The Guardian

[ The Guardian | 2017-12-12 00:00:00 UTC ]
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Wiley sees second quarter lift

Wiley saw a year-on-year revenue increase of 6% (3% at constant currency) in the second quarter to end October 2017, at $452m. Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows

Facebook needs to loosen its grip on Watch show sponsorships and mid-roll inventory, publishers say. The post Unimpressed with revenue, publishers want to sell their own ads on Facebook video shows appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-12-01 00:00:00 UTC ]
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B&N Sees Some Positives in Gloomy Second Quarter

The chain’s sales fell and loss widened in the period, but book sales held firm. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-01 00:00:00 UTC ]
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B&N Has Disappointing Second Quarter

In the second quarter of fiscal 2018, sales at Barnes & Noble dropped 7.9% compared to a year ago and its loss widened to $30.1 million from $20.4 million in last year's second quarter. Book sales, however, were a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-30 00:00:00 UTC ]
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BuzzFeed is laying off 100 workers, 8% of its U.S. employees, after missing revenue target

Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business model #boost revenue #unspecified number


Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts

European publishers are less likely than U.S. publishers to make most of their digital video revenues from their owned and operated sites. The post Digiday Research: European publishers are less reliant on their owned sites for video revenue than U.S. counterparts appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-11-13 00:00:00 UTC ]
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Big Publishers See Third-Quarter Gains

Aided by downloadable audio, HarperCollins, Houghton Mifflin Harcourt, and Simon & Schuster posted higher quarterly results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big publishers #downloadable audio